Investor special on the Tippecanoe River! This waterfront property offers incredible potential for those looking to renovate, restore, or create a profitable income-producing property. Being sold AS-IS, this home is ready for someone with vision. The main home features 1 bedroom and 1 bathroom on the main level, with a second bedroom located in the basement. Above the detached garage, you'll find a separate 2-bedroom, 1-bath apartment that could be used as a rental. Spend your summers enjoying the in-ground pool and beautiful views of the Tippecanoe River. While the current floor plan is unconventional and the property requires significant updates and repairs, its waterfront location and separate living quarters make it a rare opportunity with outstanding upside. Whether you're searching for your next flip, a vacation rental, or a property with income potential, this one is worth a look. Bring your contractor and your imagination-properties like this don't come along often. Property is being sold AS-IS. The well is 3 years old.
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Zillow last checked:
Listing updated:
Listed by:
Alexandra Mohringer765-894-3928,
Wolfpack Realty
Source: MIBOR as distributed by MLS GRID,MLS#: 22117768
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 1
Main level bedrooms: 1
Primary bedroom
Level: Main
Area: 168 Square Feet
Dimensions: 14x12
Bedroom 2
Level: Basement
Area: 121 Square Feet
Dimensions: 11x11
Bedroom 3
Level: Upper
Area: 121 Square Feet
Dimensions: 11x11
Bedroom 4
Level: Upper
Area: 121 Square Feet
Dimensions: 11x11
Kitchen
Level: Main
Area: 231 Square Feet
Dimensions: 21x11
Laundry
Features: Other
Level: Basement
Area: 143 Square Feet
Dimensions: 13x11
Living room
Level: Main
Area: 252 Square Feet
Dimensions: 12x21
Heating
Forced Air, Natural Gas
Cooling
Central Air
Appliances
Included: Dishwasher, Dryer, Gas Oven
Features
High Speed Internet, Eat-in Kitchen
Basement: Unfinished
Number of fireplaces: 1
Fireplace features: Free Standing
Interior area
Total structure area: 2,560
Total interior livable area: 2,560 sqft
Finished area below ground: 0
Property
Parking
Total spaces: 2
Parking features: Attached
Attached garage spaces: 2
Features
Levels: Two
Stories: 2
Pool features: In Ground
Has view: Yes
View description: River
Has water view: Yes
Water view: River
Waterfront features: River Front, Waterfront
Lot
Size: 0.48 Acres
Details
Parcel number: 918311000021700010
Special conditions: As Is
Horse amenities: None
Construction
Type & style
Home type: SingleFamily
Architectural style: Other
Property subtype: Residential, Single Family Residence
Materials
Vinyl Siding
Foundation: Block
Condition
Fixer
New construction: No
Year built: 1981
Utilities & green energy
Water: Private
Community & HOA
Community
Subdivision: No Subdivision
HOA
Has HOA: No
Location
Region: Monticello
Financial & listing details
Price per square foot: $98/sqft
Tax assessed value: $369,800
Annual tax amount: $1,248
Date on market: 8/4/2026
Cumulative days on market: 2 days
Estimated market value
Zestimate®
$339,800
Estimated sales range
$309,000 - $367,000
Rent Zestimate®
$1,744/mo
Price history
Date
Event
Price
8/4/2026
Listed for sale
$249,900-19.4%$98/sqft
Source: MIBOR as distributed by MLS GRID #22117768Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.