NOT LISTED FOR SALE

10948 N Lower Lake Shore Dr Monticello, IN 47960

Estimated Value: $218,057 - $291,000

2 Beds
1 Bath
768 Sq Ft
$333/Sq Ft Est. Value

Last Sold June 19, 2014

Last sale price $150,000 $195 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,505/month

124 Days on Market

Highlights

  • 47 Feet of Waterfront
  • A-Frame Home
  • Landscaped
  • Pier or Dock
  • Ranch Style House
  • Central Air

About This Home

As of June 2014

IDEAL LAKE FREEMAN GETAWAY IF YOU'RE LOOKING FOR AN AFFORDABLE COTTAGE ON THE MAIN LAKE WHERE YOU CAN DROP YOUR BAGS AND IMMEDIATELY ENJOY! LAKE LEVEL LOT ALLOWS FOR CONVENIENT ACCESS TO THE WATER AND JUST ENOUGH SPACE TO PLAY BUT NOT SPEND THE WEEKENDS MAINTAINING! COTTAGE IS NICELY DECORATED AND SET UP. LIVING AREA HAS PLENTY OF WINDOWS FOR VIEWING THE WATER. APPLIANCES ARE INCLUDED, FURNISHINGS COULD BE NEGOTIABLE.

Last Agent to Sell the Property

Sean Dekker

REAL ESTATE NETWORK L.L.C Listed on: 02/08/2014

Last Buyer's Agent

Sherrie Cocanower

REMAX LAFAYETTE GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,082

Year Built

  • Built in 1939

Lot Details

  • Lot Dimensions are 47 x 73
  • 47 Feet of Waterfront
  • Lake Front
  • Landscaped

Parking

  • Gravel Driveway

Home Design

  • A-Frame Home
  • Ranch Style House
  • Cabin
  • Composite Building Materials
  • Vinyl Construction Material

Interior Spaces

  • 768 Sq Ft Home
  • Ceiling Fan
  • Crawl Space

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outbuilding

Utilities

  • Central Air
  • Well
  • Cable TV Available

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 08-04-16-000-191.000-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,082

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1939
  • Style: One Story
  • Architectural Style: A-Frame, Ranch, Cabin/Cottage
  • Total Number of Rooms: 4
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: SEE NOTES
  • Parcel Number ID: 08-04-16-000-191.000-011
  • Platted: Yes
  • Amenities: Cable Ready, Ceiling Fan(s), Deck Open, Landscaped
  • Inside City Limits: Yes
  • Special Features: None

Interior Features

  • Total Sq Ft: 768
  • Total Finished Sq Ft: 768
  • Above Grade Finished Sq Ft: 768
  • Basement Foundation: Crawl
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 8x23, On Level: Main
  • Kitchen: Dimensions: 6x10, On Level: Lower
  • Dining Room: Dimensions: 11x10, On Level: Main
  • Bedroom 1: Dimensions: 9x14, On Level: Main
  • Bedroom 2: Dimensions: 9x9, On Level: Main

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Composite
  • Outbuilding1: Outbuilding
  • Water Features: Pier/Dock
  • Water Frontage: 47
  • Water Name: Lake Freeman

Garage/Parking

  • Driveway: Gravel

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Conventional
  • Sewer: Regional
  • Water Utilities: Well
  • Electric Company: REMC
  • Gas Company: NIPSCO

Condo/Co-op/Association

  • Other Fee Description: SFLECC

Schools

  • Elementary School: Meadowlawn
  • Middle School: Roosevelt
  • High School: Twin Lakes

Lot Info

  • Lot Description: Waterfront-Level Bank
  • Lot Dimensions: 47 X 73
  • Zoning: L1

Tax Info

  • Annual Taxes: 1082.44

Multi Family

  • Water Access: Lakefront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2014
Closed on
Jun 19, 2014
Sold by
Bray Jeremy R and Bray Heidi L
Bought by
Hodgen Evan K and Hodgen Kristin A
Seller's Agent
Sean Dekker
REAL ESTATE NETWORK L.L.C
Buyer's Agent
Sherrie Cocanower
REMAX LAFAYETTE GROUP
List Price
$150,000
Sold Price
$150,000
Current Estimated Value
$255,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,514
Avg. Annual Appreciation
4.63%
Original Mortgage
$120,000
Outstanding Balance
$88,698
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$160,355

Purchase Details

Closed on
Aug 21, 2006
Sold by
Baker Rick L and Overshinner Laura A
Bought by
Bray Jeremy R and Bray Heidi L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.83%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hodgen Evan K -- None Available
Bray Jeremy R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hodgen Evan K $120,000
Previous Owner Bray Jeremy R $103,640
Previous Owner Bray Jeremy R $116,000
Previous Owner Bray Jeremy R $29,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2014 06/19/14 Sold $150,000 0.0% $195 / Sq Ft
06/12/2014 06/12/14 Pending -- -- --
02/08/2014 02/08/14 For Sale $150,000 -- $195 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,388 $147,700 $85,300 $62,400
2023 $1,216 $129,000 $85,300 $43,700
2022 $1,216 $120,600 $85,300 $35,300
2021 $1,211 $114,000 $85,300 $28,700
2020 $1,180 $109,300 $75,900 $33,400
2019 $1,136 $107,900 $75,900 $32,000
2018 $1,093 $105,900 $75,900 $30,000
2017 $1,024 $105,700 $75,900 $29,800
2016 $1,097 $111,100 $79,300 $31,800
2014 $1,083 $110,500 $79,300 $31,200
2013 $1,083 $107,500 $77,800 $29,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 20078485

Indiana Regional MLS

APN: 08-04-16-000-191.000-011