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  • $349,000

    7665 E Butterman Rd, Rockville, IN 47872

    1beds
    576sqft
    : 
    Residential, Single Family Residence
    Built in 2010
    0.53 Acres Lot
    $-- Zestimate®
    $606/sqft
    $-- HOA

    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.
    11 hours
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    238
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    5
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    Zillow last checked: 7 hours ago

    Listing updated: 18 hours ago

    Listing Provided by:

    Jennifer Dings 765-481-5789,

    Hoosier Roots Real Estate Solutions, LLC,

    Deidria Moore 317-442-6968

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

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bathrooms: 1
      • Main level bedrooms: 1
      Primary bedroom
      • 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: $606/sqft
      • Tax assessed value: $83,600
      • Annual tax amount: $148
      • Date on market: 4/1/2026
      • Cumulative days on market: 2 days
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        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

        Public tax history
        YearProperty taxesTax assessment
        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

        BuyAbility℠ payment

        Est. payment
        $1,895/mo
        Principal & interest
        $1750
        Property taxes
        $145
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          Climate risks

          Neighborhood: 47872

          Getting around

          0 / 100
          Car-Dependent
          2 / 100
          Somewhat Bikeable

          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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