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7906 E 240 S, Rockville, IN, 47872

4beds
2baths
2,016sqft
$569,900
$283price/sqft
$3,744/moest. monthly cost
$149,760/yrincome needed

About This Home

Lakefront living at it's best. You are going to love this beautiful lakefront home located on the southwest side of Raccoon Lake. From the rustic interior to the expansive outdoor entertaining areas there is so much to enjoy. The main level includes a nice kitchen area flowing into the living room area with a beautiful stone fireplace. The primary bedroom and bath are also located off the main level. There is a cozy screened in porch with adjoining deck easily accessible from the living room. Upstairs there are three bedrooms, one bath plus a spacious sitting room or TV room. The finished walkout basement has a large rec room/family room with a second fireplace as well as a partially finished third bathroom. Outside you will find a large pool area with surrounding patio that includes a shuffleboard court, firepit area plus lots of additional space perfect for entertaining. There is cute pool house with an addition full bathroom. If you want to go down to the lake there is a stairway leading down to the gazebo and seawall located in a calm cove area making for a great place to park your boat. Additional features includes a detached 1 car garage with extra area for storage plus a carport area and a new concrete driveway and parking area. Lots of other great features. Come take a look!!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
6
BikeSomewhat Bikeable

Schools

5/10
6/10
6/10

Construction

Condition

  • Year built: 1971

Materials

  • Foundation: Block
  • Construction materials: Brick,Stone

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Electric Oven,Refrigerator,Washer

Basement

  • Has basement: Yes
  • Basement: Finished,Full,Walk-Out Access

Bedroom2

  • Level: Upper
  • Area: 121
  • Dimensions: 11x11

Bedroom3

  • Level: Upper
  • Area: 121
  • Dimensions: 11x11

Bedroom4

  • Level: Upper
  • Area: 56
  • Dimensions: 7x8

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Family Room

  • Features: Tile-Ceramic
  • Level: Basement
  • Area: 308
  • Dimensions: 14x22

Features

  • Ceiling Fan(s),Hardwood Floors,High Speed Internet
  • Flooring: Hardwood
  • Number of fireplaces: 2
  • Fireplace features: Basement,Kitchen
  • Fireplace: Yes
  • Finished area below ground: 672

Heating & Cooling

  • Heating features: Radiant Ceiling
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,016
  • Total interior livable area: 2,016 sqft

Kitchen

  • Level: Main
  • Area: 154
  • Dimensions: 11x14

Master Bedroom

  • Level: Main
  • Area: 132
  • Dimensions: 11x12

Property

Details

  • Parcel number: 611220204005000015
  • Special condition: As Is
  • Horse amenities: None

Features

  • Levels: Two
  • Stories: 2
  • Pool features: In Ground,Outdoor Pool
  • Patio & porch: Deck,Patio,Screened
  • Exterior features: Fire Pit
  • Has view: Yes
  • View description: Lake
  • Has water view: Yes
  • Water view: Lake
  • On waterfront: Yes
  • Waterfront features: Lake Front,Seawall,Water View,Waterfront

Lot

  • Lot size: 0.69 Acres
  • Features: Rural - Subdivision

Parking

  • Total spaces: 1
  • Parking features: Carport,Detached,Concrete,Garage Door Opener,Storage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Carport: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Drought
    DroughtModerate
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Landslide
    LandslideModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Strong Wind
Winter Weather
Drought
Hail
Inland Flooding
Landslide
Lightning
Tornado

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,881$34,572
Home Insurance *$470$5,640
Property Taxes $209$2,508
Electricity $184$2,217
Total$3,744$44,928
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$128,365/yr
40% on housing$112,320/yr
45% on housing$99,840/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.9%
9.9%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 3.2%
3.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$283This listing

vs Other Active Listings

Avg $/sqft

ZIP 47872$142
Parke County$132

vs Homes Sold Last Month

Median $/sqft

ZIP 47872$101
Parke County$54

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2025-09-17Listed for sale$599,900

For Sale by Agent

AgentRon Wheeler
BrokerageCENTURY 21 Wheeler Realty

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