
Sheldon Barnes
For Sale — 7665 E Butterman, Rockville, IN 478727665 E Butterman
Rockville, Indiana 47872
116 Towns
$349,000
Schedule a Showing1
Beds
1
Baths
576
Sq Ft
2010
Year Built
0.53
Acres
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Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Rockville, Indiana and the rest of Hamilton County. Book a private tour of 7665 E Butterman in 116 Towns, ask any question about this home, or talk through what you should know about buying in Rockville.
ABOUT THIS HOME
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.
Key things to know
- Direct waterfront access on Raccoon Lake
- Brand new 50-foot seawall
- Easy walk-down path to shoreline
- Updated plumbing, electrical, and bathroom
- 0.53 acres with no HOA restrictions
Monthly payment
Estimate · $349,000
$1,870/mo
≈ $1,858 principal & interest · $12 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $69,800 on a loan of $279,200.
Price history
- Listedat $349,000
Mar 31, 2026
Recent comparable sales
Want to know anything specific? Ask about updates, finishes, the basement, the yard — I read the listing's photos, MLS data, and remarks and cite what I find.
FEATURES & AMENITIES
Interior
Exterior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$349,000Listed· Mar 31, 2026
25 days on market
Layout
Primary bath
Tub Full with Shower
Schools
North Central Parke Comm Schl Corp
Elementary
Rockville Elementary School
Middle
Parke Heritage Middle School
High
Parke Heritage High School
Neighborhood
- Zionsville Community HS47.4 mi
- Downtown Indianapolis49.7 mi
- Carmel Central Park51.9 mi
- Clay Terrace53.8 mi
- Monon Trail (Carmel)54.0 mi
- Carmel High School54.2 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
576 sq ft
Year Built
2010
Stories
One
Subdivision
116 Towns
Bedrooms
1
Bathrooms
1 full
School District
North Central Parke Comm Schl Corp
