Skip To Content

1120 Arbor Court

Monticello, IN 47960
  • $4,200,000
  • STATUS: Active
  • ON SITE: 16 Days
  • MLS #: 202333454
$4,200,000
  • 92
    BEDS
  • 6.8
    ACRES
  • 60
    BATHS
  • 1
    1/2 BATHS
  • 41,761
    SQFT
Neighborhood:
None
Type:
Multi-Family
Built:
2003
County:
White
Area:
White

School Information

Elementary School:
Oaklawn
Middle School:
Roosevelt
High School:
Twin Lakes
School District:
Twin Lakes School Corp.
School Ratings & Info
Listing provided by Sean Dekker of Real Estate Network L.L.C: .

Description

A LOT OF DOORS FOR A LOT OF OPPORTUNITY TO KNOCK ON! A total of 19 duplexes @ 2 sites: THE ARBORS (11 Duplexes) 1120 Arbor Ct. Monticello & Quail Run (8 Duplexes) 6389 E. Quail Run Ct. THE ARBORS: 8 x Standard duplexes (884 sq ft per unit) = 2 bed/1bath. 3 x Deluxe duplexes (1072 sq ft per unit) = 2 bed/2 baths including master bed/bath & attached garage. 11 stall carport. Office (744 sq ft) has attached garage & workshop with 1/2 bath. Large 132 x 14 Storage Unit. QUAIL RUN: 8 Duplexes built from 1998-2004 All are 2-3 Bed/2 bath (3rd "bedroom" does not have closet) including a master bed/bath w/ walk-in closet. Each unit has attached 2-car garage, 12 units have decks in back, 4 have patios. See 'DOCUMENTS' for individual breakdown of each site's financial and property info. ALL UNITS RENTED & ON MONTH-MONTH LEASES as of 09/01/23

Monthly Payment Calculator



© 2023 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 Barnes Real Estate Services | North Eastern Group Realty. Data last updated: 2023-10-01T00:28:01.573.

www.housesinfortwayne.com/homes/143392995
Print Image

1120 Arbor Court Monticello, IN 47960

  • Price: $4,200,000
  • Status: Active
  • On Site: 16 Days
  • MLS #: 202333454
92
Beds
60
Baths
1
½ Baths
6.8
Acres
41,761
SQFT
$101
$/SQFT
2003
Built
Neighborhood:
None
County:
White
Area:
White
Elementary School:
Oaklawn
Middle School:
Roosevelt
High School:
Twin Lakes
School District:
Twin Lakes School Corp.
Property Description
A LOT OF DOORS FOR A LOT OF OPPORTUNITY TO KNOCK ON! A total of 19 duplexes @ 2 sites: THE ARBORS (11 Duplexes) 1120 Arbor Ct. Monticello & Quail Run (8 Duplexes) 6389 E. Quail Run Ct. THE ARBORS: 8 x Standard duplexes (884 sq ft per unit) = 2 bed/1bath. 3 x Deluxe duplexes (1072 sq ft per unit) = 2 bed/2 baths including master bed/bath & attached garage. 11 stall carport. Office (744 sq ft) has attached garage & workshop with 1/2 bath. Large 132 x 14 Storage Unit. QUAIL RUN: 8 Duplexes built from 1998-2004 All are 2-3 Bed/2 bath (3rd "bedroom" does not have closet) including a master bed/bath w/ walk-in closet. Each unit has attached 2-car garage, 12 units have decks in back, 4 have patios. See 'DOCUMENTS' for individual breakdown of each site's financial and property info. ALL UNITS RENTED & ON MONTH-MONTH LEASES as of 09/01/23
Exterior Features

Architectural Style Ranch Driveway AsphaltConcrete Exterior BrickVinyl Fence None Location City/Town/SuburbRural Lot Description Level Lot Dimensions 6.8 ACRES (APPROXIMATE) Outbuilding None Parking GaragePaved Parking Spaces 130 Pool YN No Roof Material Shingle Sea Wall Type None Style One Story Water Features None Waterfront YN No

Interior Features

Above Grade Bedrooms 92 Above Grade Finished Sqft 41761 Above Grade Unfin Sq Ft 0 Amenities Ceiling FanCloset(S) Walk-InDeck OpenPatio OpenWater Softener-Rented Basement Foundation CrawlSlab Basement YN No Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 0 Cooling Central Air Dishwashers 22 Disposals 0 Dryers 14 Flooring CarpetCeramic TileVinyl Heating Fuel GasConventionalForced Air Microwaves 16 Ranges Ovens 36 Refrigerators 36 Rooms Below Grade 0 Total Baths 61 Total Below Grade Sqft 0 Total Sq Ft 41761 Wash Dry Hookups 38 Washers 14

Property Features

Annual Electric Expense 1080 Annual Fuel Expense 1080 Annual Gross Rent 350520 Annual Insurance Expense 13008 Annual Maint Expense 8400 Annual Misc 800 Annual Net Income 270291.6 Annual Property Tax 39586.6 Annual Trash Expense 1920 Annual Water Sewer Exp 14353.8 Assoc Dues Frequency Not Applicable Auction Y / N No Buildings 21 Cable Company Comcast Documents Available Aerial Photo Efficiencies 0 Electric Company Nipsco Electric Meters 39 Exemptions No Exemptions For Sale Or Rent For Sale Four Bedrooms 0 Gas Company Nipsco Gas Meters 39 Gross Monthly Income 29210 Gross Monthly Rent 29210 Lease Term Month To Month New Construction No One Bedrooms 0 Owner Pays Lawn MaintenanceMaintenanceSewerSnow RemovalTrash CollectionWater Softener Owner Real Estate License YN No Pet Restrictions YN Yes Planned Unit Dev YN No Property Sub Type Duplex Reo YN No Sale Includes BuildingBusinessLandLease Sewer CityRegional Tenant Pays CableElectricFuelSewerTrash CollectionWater Three Bedrooms 16 Township Union Two Bedrooms 22 Units Rented 38 Water Meters 12 Water Utility CityWell Year Taxes Payable 2022/Payable 2023

Listing provided by Sean Dekker of Real Estate Network L.L.C: .

© 2023 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 Barnes Real Estate Services | North Eastern Group Realty.


© 2023 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 Barnes Real Estate Services | North Eastern Group Realty. Data last updated: 2023-10-01T00:28:01.573.

 
https://bt-photos.global.ssl.fastly.net/irmls/1280_boomver_1_202333454-2.jpg https://bt-photos.global.ssl.fastly.net/irmls/1280_boomver_1_202333454-2.jpg https://bt-photos.global.ssl.fastly.net/irmls/1280_boomver_1_202333454-2.jpg
Logo
Barnes Real Estate Services | North Eastern Group Realty
10808 La Cabreah Ln
Fort Wayne IN, 46845
Listing provided by Sean Dekker of Real Estate Network L.L.C: .