NEW PRICE REDUCTION!!!! Large flat lot space with great visibility. High traffic on State Road 16/39. 1.331 ACRES of land- shovel ready/ready for development. Well on site. Somewhat equidistant from Indianapolis and Chicago. Close to Lake Shafer/Freeman and Indiana Beach. Dollar General right across the street.
Directions: Heading north towards the BBQ place after crossing the bridge in Buffalo, turn left at the intersection and keep heading straight on State Road 16/39 until you reach the lot on your right. It is across from the Dollar General.
Price Information
Listing Price Info
Price Summary:
List Price: $34,900
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Monticello, IN.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$242
Per Month
Principal & Interest
$175
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$171
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
North White Elementary School
304 E Broadway St
Distance between this listing and this school5.08 miles
Public District Grades KG-5
5
/10
Meadowlawn Elementary School
715 W Ohio St
Distance between this listing and this school8.88 miles
Public District Grades KG-5
7
/10
Oaklawn Elementary School
402 E South St
Distance between this listing and this school9.06 miles
Public District Grades KG-4
Nearby Schools
3
/10
North White Middle School
305 E Broadway St
Distance between this listing and this school5.05 miles
Public District Grades 6-8
5
/10
Roosevelt Middle School
721 W Broadway St
Distance between this listing and this school8.61 miles
Public District Grades 6-8
7
/10
West Central Middle School
1852 S US 421
Distance between this listing and this school12.49 miles
Public District Grades 7-8
Nearby Schools
6
/10
North White High School
305 E Broadway St
Distance between this listing and this school5.02 miles
Public District Grades 9-12
6
/10
Twin Lakes Senior High School
300 S 3rd St
Distance between this listing and this school8.76 miles
Public District Grades 9-12
5
/10
West Central Senior High School
1852 S US 421
Distance between this listing and this school12.49 miles
The neighbors living near this home have an average income of $32,783. The majority of Monticello, IN residents have income less than $35k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About State Road 16 Rd E
What is the listing price of this property?
The listing price of State Road 16 Rd E property is $34,900.
What type of property is this?
The property State Road 16 Rd E is land located in Monticello, Indiana, 47960.
Is this property for sale now?
Active Listing: State Road 16 Rd E is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at State Road 16 Rd E in Monticello, IN and zip code 47960. It has been listed on Rocket Homes since August 25, 2023 and is currently priced at $34,900.
Over 6 listings were sold over their listed price in October 2024 in Monticello, IN. In the same period over 16 listings were sold below the listed price and 7 listings were sold for the listed price. In October 2024 in Monticello, IN there were 12% less homes for sale than in September 2024. In October 2024, listings were on the market for 62 days. During the same period, the median list price in this real estate market was $274,500.
From Rocket Homes Real Estate and based on county public records data.
The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.
NASCAR
NASCAR
Figure Skating
Hunting
Bass Pro Shops
Dollar General
Wal-Mart
Hardee's
Applebees
Jimmy Johns
GMC
Cadillac
Ram
Classic Country
Oldies