NOT LISTED FOR SALE

10958 N Lower Lake Shore Dr Monticello, IN 47960

Estimated Value: $199,000 - $508,000

2 Beds
1 Bath
564 Sq Ft
$541/Sq Ft Est. Value

Last Sold July 11, 2014

Last sale price $70,000 $124 Per Sq Ft

Est. 336% increase in value since last sale

Current estimated payment $1,778/month

471 Days on Market

Highlights

  • 47 Feet of Waterfront
  • Lake, Pond or Stream
  • 1-Story Property
  • A-Frame Home
  • Patio
  • Waterski or Wakeboard

About This Home

As of July 2014

PRICE REDUCED!! 2 bedroom Lake Freeman Cottage with 2 bay boathouse, deck & patio. Affordable lake fun, quiet water spot just off main lake with excellent main lake view. Knotty Pine Interior, Parking area above cottage.

Last Agent to Sell the Property

Gregory Vogel

VOGEL REAL ESTATE Listed on: 03/27/2013

Last Buyer's Agent

Ken Koch

Keller Williams Lafayette

Keller Williams Lafayette

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,270

Year Built

  • Built in 1928

Lot Details

  • 3,441 Sq Ft Lot
  • Lot Dimensions are 50x69
  • 47 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Property is Fully Fenced
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • A-Frame Home
  • Cabin
  • Asphalt Roof
  • Composite Building Materials
  • Vinyl Construction Material

Interior Spaces

  • 564 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Waterski or Wakeboard
  • Seawall
  • Lake, Pond or Stream
  • Patio

Utilities

  • Window Unit Cooling System
  • Private Company Owned Well
  • Well

Listing and Financial Details

  • Assessor Parcel Number 08-04-16-000-190.000-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,270

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1928
  • Style: One Story
  • Architectural Style: A-Frame, Cabin/Cottage
  • Total Number of Rooms: 5
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Unit 1 Sunset Park West 1/2 lot 2
  • Parcel Number ID: 08-04-16-000-190.000-011
  • Platted: Yes
  • Amenities: Deck Open, Patio Open
  • Inside City Limits: Yes
  • Sp Lp Percent: 87.61
  • Special Features: None

Interior Features

  • Total Sq Ft: 564
  • Total Finished Sq Ft: 564
  • Above Grade Finished Sq Ft: 564
  • Price Per Sq Ft: 124.11
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 17x9, On Level: Main
  • Kitchen: Dimensions: 9x12, On Level: Lower
  • Dining Room: Dimensions: 9x9, On Level: Main
  • Bedroom 1: Dimensions: 11x8, On Level: Main
  • Bedroom 2: Dimensions: 10x8, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Composite
  • Outbuilding1: Shed, Dimensions: 8x10
  • Fence: Full
  • Lake Type: Ski Lake
  • Sea Wall Type: Concrete
  • Water Frontage: 47
  • Water Name: Lake Freeman

Garage/Parking

  • Driveway: Gravel

Utilities

  • Cooling: Window
  • Heating Fuel: Conventional
  • Sewer: City
  • Water Utilities: Well
  • Electric Company: REMC
  • Gas Company: NIPSCO
  • Water Type: Lake
  • Well Type: Private

Condo/Co-op/Association

  • Other Fee Description: SFLECC

Schools

  • School District: Twin Lakes School Corp.
  • Elementary School: Oaklawn
  • Middle School: Roosevelt
  • High School: Twin Lakes

Lot Info

  • Lot Description: Level, Waterfront-Medium Bank
  • Lot Dimensions: 50x69
  • Estimated Lot Sq Ft: 3441
  • Estimated Lot Size Acres: 0.079
  • Zoning: L1

Tax Info

  • Annual Taxes: 1269.74

Multi Family

  • Water Access: Bayfront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2013
Closed on
Jul 15, 2014
Sold by
Alley Judith A and Eidson Michael L
Bought by
Truett David W and Truett Emily E
Seller's Agent
Gregory Vogel
VOGEL REAL ESTATE
Buyer's Agent
Ken Koch
Keller Williams Lafayette
List Price
$70,000
Sold Price
$70,000
Current Estimated Value
$305,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,110
Avg. Annual Appreciation
13.92%
Original Mortgage
$56,000
Outstanding Balance
$19,498
Interest Rate
4.11%
Estimated Equity
$279,402

Purchase Details

Closed on
Oct 4, 2011
Sold by
Alley Judith A
Bought by
Alley Judith A and Alley Michael L
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
Truett David W -- None Available
Alley Judith A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Truett David W $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2014 07/11/14 Sold $70,000 0.0% $124 / Sq Ft
07/11/2014 07/11/14 Pending -- -- --
03/27/2013 03/27/13 For Sale $70,000 -- $124 / 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 $1,432 $152,400 $99,800 $52,600
2023 $1,328 $138,100 $99,800 $38,300
2022 $1,328 $131,700 $99,800 $31,900
2021 $1,345 $126,600 $99,800 $26,800
2020 $1,281 $118,700 $88,800 $29,900
2019 $1,238 $117,600 $88,800 $28,800
2018 $1,198 $116,000 $88,800 $27,200
2017 $1,124 $116,000 $88,800 $27,200
2016 $1,181 $119,600 $93,000 $26,600
2014 $1,166 $119,000 $93,000 $26,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 20077860

Indiana Regional MLS

APN: 08-04-16-000-190.000-011