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1120 Arbor Court Monticello, IN $ 4,200,000
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$ 4,200,000 Get more info
1120 Arbor Court
$ 4,200,000
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1120 Arbor Court

Monticello, IN, 47960
$ 4,200,000
Bedrooms92 Baths60.1 Sq 41,761

Monthly Estimate*

$ 29,338

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Multi-Family Home for sale in Monticello, IN

for $4,200,000 with 92 bedrooms and 60 full baths, 1 half bath. This 41,761 square foot home was built in 2003.

A LOT OF DOORS FOR A LOT OF OPPORTUNITY TO KNOCK ON! A total of 19 duplexes @ 2 sites: THE ARBORS (11 Duplexes) 1120 Arbor Ct. Monticello & Quail Run (8 Duplexes) 6389 E. Quail Run Ct. THE ARBORS: 8 x Standard duplexes (884 sq ft per unit) = 2 bed/1bath. 3 x Deluxe duplexes (1072 sq ft per unit) = 2 bed/2 baths including master bed/bath & attached garage. 11 stall carport. Office (744 sq ft) has attached garage & workshop with 1/2 bath. Large 132 x 14 Storage Unit. QUAIL RUN: 8 Duplexes built from 1998-2004 All are 2-3 Bed/2 bath (3rd "bedroom" does not have closet) including a master bed/bath w/ walk-in closet. Each unit has attached 2-car garage, 12 units have decks in back, 4 have patios. ALL UNITS RENTED & ON MONTH-MONTH LEASES as of 02/01/24

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Multi-Family Pending

Price

$ 4,200,000

Bedrooms

92

Full Bath

60

Half Bath

1

Property Type

Multi-Family

Taxes

$ 42,589

Style

Ranch

Year Built

2003

Town/City

Monticello

County/Region

White

MLS | Web ID

202404594
Features
General
Heating Gas Conventional Forced Air
Cooling Central Air
Sewer City Regional
Pool Y/N No
# of Buildings 21
Status Pending Pending
Full Baths 60
Half Baths 1
Bathrooms 61
Year Built 2003
Parking Garage Paved
New Construction No
Tenant Pays Cable Electric Fuel Sewer Trash Collection Water
Subdivision None
Style One Story
Stories 1
Township Union
Class INVESTMENT
Type Duplex
Age 21
Net Income 292536.44
Rent Income 379560
Features Ceiling Fan Closet(s) Walk-in Deck Open Patio Open Water Softener-Rented
REO No
Area White County
Location City/Town/Suburb Rural
High School Twin Lakes
City Monticello
School District Twin Lakes School Corp.
Architctural Style Ranch
Total Sq Ft 41761
Street Name Arbor
Elementary School Oaklawn
Middle School Roosevelt
Legal Description Quail Run Sub Lots 1 2 3 4 5 6 7 8 (5.33) **SEE LEGALS/PARCELS (11 TOTAL) FOR THE ARBORS UNDER 'DOCUMENTS'
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202404594
Agent First Name Sean
Agent Last Name Dekker
DOM 30
Tax Year 2023/Payable 2024
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Interior
Basement Crawl Slab
Flooring Carpet Ceramic Tile Vinyl
Beds 92
Total Number of Units 38
Microwaves 16
Refrigerators 36
Washers 14
Dryer(s) 14
Dishwasher(s) 22
Disposal(s) 0
Above Grade Bedrooms 92
Below Grade Baths 0
Below Grade Bedrooms 0
Total Rooms Below Grade 0
Ranges/Ovens 36
W/D Hookups 38
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Exterior
Exterior Brick Vinyl
Driveway Asphalt Concrete
Number of Parking Spaces 130
Lot Size Area 296208
Lot Dimensions 6.8 ACRES (APPROXIMATE)
Lot Description Level
Fence None
Water Meters 12
Electric Meters 39
Outbuilding None
Water Features None
Gas Meters 39
Waterfront Y/N No
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* Excluded Features
List By
Sean Dekker

Listing Agent

Real Estate Network L.L.C

Broker

sean@homes-by-network.com

Email

Affordability Calculator

$32,887
Per Month
89%
11%
0%
Monthly Principal & Interest
$29,338
Monthly Property Taxes
$3,549
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
1237611 Elementary School
1235893 Middle School
Twin Lakes High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/14/2024$4,200,000 Listed Price

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1120 Arbor Court, Monticello, IN, 47960 is a Multi-Family Home for sale at $4,200,000 with 41,761 sqft. 1120 Arbor Court has 92 bedrooms, 60.1 baths, and was built in 2003. The property's zip code is 47960 which is in Monticello, IN

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