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  • $145,900

    538 S Illinois St, Monticello, IN 47960

    2beds
    1,008sqft
    Single Family Residence
    Built in 1936
    6,969 Square Feet Lot
    $148,700 Zestimate®
    $--/sqft
    $1,379 Estimated rent

    Home value

    $148,700

    Estimated sales range

    Not available

    $1,379/mo

    Zestimate® history
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    $681/mo

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    $681/mo

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    What's special

    Corner lot
    This property offers 2 bedrooms and 1 full bath on the main level, plus a unique additional space above the garage that includes another full bath. Previously used as a studio apartment, this area presents endless opportunities—rent it out, create a man cave, or redesign it into an ensuite primary suite to transform the home into a 3-bedroom, 2-bath layout. The home sits on a corner lot and features a full basement for added storage or potential expansion. Conveniently located near the walking nature trail and local schools, this property offers both accessibility and potential. It does need some TLC, so bring your vision. A great option for an investor or someone looking for a starter home with room to grow.

    Zillow last checked:

    Listing updated:

    Listed by:

    Garrett Criswell 574-297-1436,

    Raeco Realty

    Bought with:

    Courtney Cudworth, RB21001030

    BerkshireHathaway HS IN Realty

    Source: IRMLS,MLS#: 202547781MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bedrooms: 2
    Bedroom 1
    • Level: Main
    Bedroom 2
    • Level: Main
    Kitchen
    • Level: Main
    • Area: 99
    • Dimensions: 11 x 9
    Living room
    • Level: Main
    • Area: 168
    • Dimensions: 12 x 14
    Heating
    • Natural Gas
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Dishwasher, Refrigerator, Gas Range
    Features
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 1,752
    • Total interior livable area: 1,008 sqft
    • Finished area above ground: 1,008
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Attached
    • Attached garage spaces: 1
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 6,969 Square Feet
    • Dimensions: 55X112, 55x20
    • Features: Level
    Details
    • Additional structures: Shed
    • Parcel number: 917333000007.500021

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding
    Condition
    • New construction: No
    • Year built: 1936

    Utilities & green energy

    • Sewer: City
    • Water: City

    Community & HOA

    Community
    • Subdivision: None
    Location
    • Region: Monticello

    Financial & listing details

    • Tax assessed value: $112,700
    • Annual tax amount: $2,102
    • Date on market: 12/2/2025

    Price history

    DateEventPrice
    2/6/2026Sold$145,900+0.7%
    Source: IRMLS #202547781 Report a problem
    12/13/2025Pending sale$144,900
    Source: IRMLS #202547781 Report a problem
    12/2/2025Listed for sale$144,900+78.9%
    Source: IRMLS #202547781 Report a problem
    4/1/2020Sold$81,000-6.4%$80/sqft
    Source: Agent Provided Report a problem
    12/18/2019Listed for sale$86,500$86/sqft
    Source: REAL ESTATE NETWORK L.L.C #201953012 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$778 +23.6%$112,700 +7.2%
    2024$629 +15.5%$105,100 +9.6%
    2023$545 +11.8%$95,900 +10.6%
    2022$487 $86,700 +7.6%
    2021-- $80,600 +7.5%
    2020-- $75,000 +8.1%
    2019$396 +12.7%$69,400 +8.9%
    2018$351 $63,700 +5.5%
    2017$351 +6.8%$60,400
    2016$329 $60,400 +18.4%
    2014$329 +22%$51,000 +1%
    2013$270 -5.1%$50,500 -9.5%
    2012$284 +9.4%$55,800 +13.9%
    2011$260 -18%$49,000 -12.5%
    2010$317 +5.2%$56,000 -7%
    2009$301 $60,200 -4%
    2007-- $62,700 +12.2%
    2006-- $55,900
    Find assessor info on the county website

    Neighborhood: 47960

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Meadowlawn
    • Middle: Roosevelt
    • High: Twin Lakes
    • District: Twin Lakes School Corp.

    Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    An equal housing lender. NMLS #10287.

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    $148,700
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    +$2,974
    With Zillow Showcase(estimated)
    $151,674