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    1193 Hannawalt Road

    Monticello, IN 47960
    • $346,500
    • STATUS: Active
    • ON SITE: 141 days
    • MLS #: 202114537
    UPDATED: 37 min ago
    $346,500
    • 9
      BEDS
    • 10
      ACRES
    • 9
      BATHS
    • 9
      1/2 BATHS
    • 10,000
      SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2017
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    Monticello, Indiana - Commercial Mobile Home Park for sale - Great Investment Close to Indiana Beach - 10 Acres - 1193 Hanawalt Rd Monticello, IN - This 10 acre lot is made up of 5.6 acres commercial and the rest residential. Located at 1193 HANAWALT RD, MONTICELLO, IN, 47960 just on the western edge of town and a quarter mile from Highway 24. The current business is set up as a mobile home park and has the opportunity for so much more! The park is licensed for 33 registered by state lots. The park is set up with 13 lots in the front, 4 currently vacant, and 20 lots in the back open (24 total lots still open). All open lots have utilities ran to them. The owners currently own 3 of the homes in the park being rented. The back southwest corner can easily be made into a home lot, or set up for storage units to be rented to tenants and with rentals being hard to find in the area, this is a great opportunity. Current tenants are loyal and pay on time. There is the option of expanding the mobile home sites, or with Indiana Beach within 10 minutes, a buyer could do RV space rental, camp ground, RV/mobile home Airbnb, buy mobile homes and sell to renters on contract, and so much more. There is year round profit with the opportunity to expand on that or go the more summer specific income route. The northwest section that is zoned residential could be a great spot to put storage units and rent out to tenants. There is currently a storage shed with a riding lawn mower (going with sale), as well as a well building. Walmart and several gas stations and convenience stores are only a 1.5 mile drive. Income: Gross $3,230 a month Expenses: $570.89 a month 1. NIPSCO (electric): $189.29/month average for 2020. 2. Trash: Service with Advanced Disposal is $93.25/month. 3. Taxes: Total Real Estate and Personal Property tax = $1,547.19; $128.93/month. 4. Insurance on the park and three rental homes was $1,913.00 for the year; $159.42/month. The water is from a private well and property has its own septic. Property is ran as self-contained as possible as far as utilities. Owner will need to obtain and maintain a license issued by the state health department. Sale would be for outright ownership and being sold As Is. This park has beautiful woods and country setting on several sides and yet is so close to town. Deer and turkeys can often be seen roaming the back side of the property. The options and opportunities are endless!

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    © 2021 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from 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. Information is deemed reliable but is not guaranteed accurate by the MLS or North Eastern Group Realty. Data last updated: 2021-09-17T14:28:21.453.

    www.teamtamara.com/homes/116540892
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    1193 Hannawalt Road Monticello, IN 47960

    • Price: $346,500
    • Status: Active
    • Updated: 37 min ago
    • MLS #: 202114537
    9
    Beds
    9
    Baths
    9
    ½ Baths
    10
    Acres
    10,000
    SQFT
    $35
    $/SQFT
    2017
    Built
    Neighborhood:
    None
    County:
    White
    Area:
    White
    Elementary School:
    Meadowlawn
    Middle School:
    Roosevelt
    High School:
    Twin Lakes
    School District:
    Twin Lakes School Corp.
    Property Description
    Monticello, Indiana - Commercial Mobile Home Park for sale - Great Investment Close to Indiana Beach - 10 Acres - 1193 Hanawalt Rd Monticello, IN - This 10 acre lot is made up of 5.6 acres commercial and the rest residential. Located at 1193 HANAWALT RD, MONTICELLO, IN, 47960 just on the western edge of town and a quarter mile from Highway 24. The current business is set up as a mobile home park and has the opportunity for so much more! The park is licensed for 33 registered by state lots. The park is set up with 13 lots in the front, 4 currently vacant, and 20 lots in the back open (24 total lots still open). All open lots have utilities ran to them. The owners currently own 3 of the homes in the park being rented. The back southwest corner can easily be made into a home lot, or set up for storage units to be rented to tenants and with rentals being hard to find in the area, this is a great opportunity. Current tenants are loyal and pay on time. There is the option of expanding the mobile home sites, or with Indiana Beach within 10 minutes, a buyer could do RV space rental, camp ground, RV/mobile home Airbnb, buy mobile homes and sell to renters on contract, and so much more. There is year round profit with the opportunity to expand on that or go the more summer specific income route. The northwest section that is zoned residential could be a great spot to put storage units and rent out to tenants. There is currently a storage shed with a riding lawn mower (going with sale), as well as a well building. Walmart and several gas stations and convenience stores are only a 1.5 mile drive. Income: Gross $3,230 a month Expenses: $570.89 a month 1. NIPSCO (electric): $189.29/month average for 2020. 2. Trash: Service with Advanced Disposal is $93.25/month. 3. Taxes: Total Real Estate and Personal Property tax = $1,547.19; $128.93/month. 4. Insurance on the park and three rental homes was $1,913.00 for the year; $159.42/month. The water is from a private well and property has its own septic. Property is ran as self-contained as possible as far as utilities. Owner will need to obtain and maintain a license issued by the state health department. Sale would be for outright ownership and being sold As Is. This park has beautiful woods and country setting on several sides and yet is so close to town. Deer and turkeys can often be seen roaming the back side of the property. The options and opportunities are endless!
    Exterior Features

    Exterior None Location City/Town/SuburbRural Lot Description Level Lot Dimensions 10 Acres Outbuilding None Parking Gravel Parking Spaces 0 Pool YN No Style Other Waterfront YN No

    Interior Features

    Above Grade Bedrooms 9 Above Grade Finished Sqft 5000 Above Grade Unfin Sq Ft 5000 Amenities Off Street Parking Basement Foundation None Basement YN No Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 5000 Below Grade Unfin Sq Ft 5000 Cooling None Dishwashers 0 Disposals 0 Dryers 0 Flooring Finished Heating Fuel Gas Microwaves 0 Ranges Ovens 0 Refrigerators 0 Rooms Below Grade 0 Total Baths 18 Total Below Grade Sqft 10000 Total Sq Ft 20000 Unit1 Bathrooms 1 Unit1 Bedrooms 1 Unit1 Sq Ft 500 Unit2 Bathrooms 1 Unit2 Bedrooms 1 Unit2 Sq Ft 500 Unit3 Bathrooms 1 Unit3 Bedrooms 1 Unit3 Sq Ft 500 Unit4 Bathrooms 1 Unit4 Bedrooms 1 Unit4 Sq Ft 500 Unit5 Bathrooms 1 Unit5 Bedrooms 1 Unit5 Sq Ft 500 Unit6 Bathrooms 1 Unit6 Bedrooms 1 Unit6 Sq Ft 500 Wash Dry Hookups 0 Washers 0

    Property Features

    Annual Electric Expense 190 Annual Fuel Expense 0 Annual Gross Rent 37200 Annual Insurance Expense 1913 Annual Maint Expense 0 Annual Misc 0 Annual Net Income 33457 Annual Property Tax 1547 Annual Trash Expense 93 Annual Water Sewer Exp 0 Assoc Dues Frequency Not Applicable Documents Available Topography MapAerial PhotoTax ReturnUtility Bill InformationInspection Reports Efficiencies 0 Electric Meters 0 Exemptions No Exemptions Existing Financing None For Sale Or Rent For Sale Four Bedrooms 0 Gas Meters 0 Gross Monthly Income 3100 Gross Monthly Rent 3100 Lease Term NegotiableRenewal Options New Construction No One Bedrooms 9 Owner Pays ElectricFuelMaintenanceTaxTrash Collection Owner Real Estate License YN No Pet Restrictions YN No Planned Unit Dev YN No Property Sub Type Other Proposed Financing CashConventional Reo YN No Sale Includes BuildingLand Sewer PrivateSeptic Tenant Pays None Three Bedrooms 0 Township Union Two Bedrooms 0 Units Rented 9 Water Meters 0 Water Utility PrivateWell Well Type Private Year Taxes Payable 2021

    Listing courtesy of Ty Mills of Mossy Oak Properties/Indiana Land And Lifestyle.
    © 2021 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from 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. Information is deemed reliable but is not guaranteed accurate by the MLS or North Eastern Group Realty.


    © 2021 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from 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. Information is deemed reliable but is not guaranteed accurate by the MLS or North Eastern Group Realty. Data last updated: 2021-09-17T14:28:21.453.

     
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    North Eastern Group Realty
    6114 Constitution Drive
    Fort Wayne IN, 46804