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  • Zillow Home logoZestimate®
    $220,000

    7665 E Butterman Rd, Rockville, IN 47872

    1beds
    576sqft
    Residential, Single Family Residence
    Built in 2010
    0.53 Acres Lot
    $220,000 Zestimate®
    $382/sqft
    $923 Estimated rent

    Home value

    $220,000

    Estimated sales range

    Not available

    $923/mo

    Zestimate® history
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    What's special

    Washer and dryer hookupsUsable landUpdated bathroom
    Escape to the lake with this rare opportunity to own a true waterfront property on Raccoon Lake-with no HOA and short-term rental potential! Properties like this don't come along often, especially at this price point. This charming 1 bedroom, 1 bath cabin sits on approximately .53 acres and offers direct access to the water with a brand new 50-foot seawall. Unlike many lake properties, there are no long staircases here-just an easy walk down your private path to the shoreline, making lake days simple and enjoyable. Inside, the home has been thoughtfully updated with new flooring, all new PEX plumbing, and an updated bathroom that includes washer and dryer hookups. Additional improvements include a new water pump and upgraded 200 amp electrical service, providing peace of mind for years to come. Whether you're looking for a weekend getaway, a full-time lake retreat, or an income-producing Airbnb, this property checks all the boxes. With its combination of usable land, true waterfront access, and modern updates, it stands out as one of the few opportunities to own a half-acre lakefront property without the challenge of steep stairs or restrictive HOA rules. Enjoy fishing, boating, and unforgettable sunsets right from your own property-this is lake living made easy.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jennifer Dings 765-481-5789,

    Hoosier Roots Real Estate Solutions, LLC,

    Deidria Moore 317-442-6968

    Bought with:

    Jennifer Dings

    Hoosier Roots Real Estate Solutions, LLC

    Source: MIBOR as distributed by MLS GRID,MLS#: 22092312MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Other
    • Level: Main
    • Area: 121 Square Feet
    • Dimensions: 11x11
    Kitchen
    • Level: Main
    • Area: 135 Square Feet
    • Dimensions: 15x9
    Living room
    • Level: Main
    • Area: 180 Square Feet
    • Dimensions: 15x12
    Heating
    • Baseboard, Electric
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Dishwasher, Dryer, Electric Water Heater, Electric Oven, Range Hood, Refrigerator, Washer
    • Laundry: In Unit, Connections All, Other
    Features
    • Attic Access, Eat-in Kitchen
    • Has basement: No
    • Attic: Access Only
    Interior area
    • Total structure area: 576
    • Total interior livable area: 576 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Screened
    • Exterior features: Other
    • Has view: Yes
    • On waterfront: Yes
    • Waterfront features: Lake Privileges, Seawall, Waterfront
    Lot
    • Size: 0.53 Acres
    • Features: Not In Subdivision, Rural - Not Subdivision, Mature Trees, Wooded
    Details
    • Parcel number: 611220201022000015
    • Special conditions: As Is
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other
    • Property subtype: Residential, Single Family Residence
    Materials
    • Wood Siding, Other
    • Foundation: Block, Other
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 2010

    Utilities & green energy

    • Water: Private

    Community & HOA

    Community
    • Subdivision: 116 Towns
    HOA
    • Has HOA: No
    Location
    • Region: Rockville

    Financial & listing details

    • Price per square foot: $382/sqft
    • Tax assessed value: $104,300
    • Annual tax amount: $148
    • Date on market: 4/1/2026
    • Cumulative days on market: 97 days

    Price history

    DateEventPrice
    9/11/2026Sold$220,000-12%$382/sqft
    Source: MIBOR as distributed by MLS GRID #22092312 Report a problem
    7/6/2026Pending sale$249,999$434/sqft
    Source: MIBOR as distributed by MLS GRID #22092312 Report a problem
    7/2/2026Price change$249,999-16.4%$434/sqft
    Source: MIBOR as distributed by MLS GRID #22092312 Report a problem
    5/27/2026Price change$299,000-14.3%$519/sqft
    Source: MIBOR as distributed by MLS GRID #22092312 Report a problem
    4/1/2026Listed for sale$349,000+40.2%$606/sqft
    Source: MIBOR as distributed by MLS GRID #22092312 Report a problem
    8/27/2025Listing removed$249,000-24.5%$432/sqft
    Source: THAAR #106306 Report a problem
    7/31/2025Price change$330,000+32.5%$573/sqft
    Source: NextHome #106306 Report a problem
    7/25/2025Price change$249,000-16.7%$432/sqft
    Source: THAAR #106306 Report a problem
    6/26/2025Price change$299,000-6.3%$519/sqft
    Source: THAAR #106306 Report a problem
    6/2/2025Price change$319,000-3.3%$554/sqft
    Source: THAAR #106306 Report a problem
    5/13/2025Listed for sale$330,000+86.4%$573/sqft
    Source: THAAR #106306 Report a problem
    7/23/2024Sold$177,000-6.3%$307/sqft
    Source: MIBOR as distributed by MLS GRID #21964533 Report a problem
    6/27/2024Pending sale$189,000$328/sqft
    Source: MIBOR as distributed by MLS GRID #21964533 Report a problem
    5/30/2024Price change$189,000-5%$328/sqft
    Source: MIBOR as distributed by MLS GRID #21964533 Report a problem
    3/6/2024Listed for sale$199,000+298%$345/sqft
    Source: MIBOR as distributed by MLS GRID #21964533 Report a problem
    5/20/2014Sold$50,000$87/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$149 -81.1%$104,300 +24.8%
    2024$788 +13.9%$83,600 +19.4%
    2023$692 +13.7%$70,000 +21.1%
    2022$609 +3.1%$57,800 +32.3%
    2021$590 -28.7%$43,700 +5%
    2020$828 +6.3%$41,600 -30.7%
    2019$780 +7.6%$60,000 +4.2%
    2018$725 +16.3%$57,600 +4.9%
    2017$623 -10%$54,900 -0.7%
    2016$692 +2%$55,300 -11%
    2014$679 -11.5%$62,100 -1.4%
    2013$767 -7.5%$63,000
    2012$829 +42.5%$63,000 +16.2%
    2011$582 +151.2%$54,200 +180.8%
    2010$231 -7.2%$19,300
    2009$249 +12%$19,300 +9%
    2007$223 -4.4%$17,700 +0.6%
    2006$233 $17,600
    2005-- $17,600
    Find assessor info on the county website

    Neighborhood: 47872

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Rockville Elementary School
    • Middle: Parke Heritage Middle School
    • High: Parke Heritage High School

    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.

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    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
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