NOT LISTED FOR SALE

11046 N Lower Lake Shore Dr Monticello, IN 47960

Estimated Value: $446,000 - $603,000

3 Beds
2 Baths
1,742 Sq Ft
$302/Sq Ft Est. Value

Last Sold September 01, 2021

Last sale price $422,000 $242 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,040/month

12 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Primary Bedroom Suite
  • Vaulted Ceiling
  • Pier or Dock
  • Lake Property
  • Traditional Architecture

About This Home

As of September 2021

FINALLY! A LAKE HOME ON THE "LEVEL"! If you're looking to avoid a multitude of steps up and down from house to lakefront, this is your place! This 1700+ sq ft, 2-3 bed/2 bath home sits on a lake level, Main Lake Freeman lot for easy access to the lake from the home or it's large water-view deck. Inside the main level features open concept living area, plenty of light via a wall of water view windows, master bed/bath, guest bedroom and bath, fireplace, vaulted ceiling, and laundry space. Large upper half-story/loft provides 3rd sleeping area, rec room space and a wet bar, and plenty of potential for whatever you prefer, as well as additional views of the lake. 12 x 24 bldg with overhead door for vehicles, toys or storage also included.

Last Agent to Sell the Property

Sean Dekker

REAL ESTATE NETWORK L.L.C Listed on: 07/19/2021

Last Buyer's Agent

Jill Coble

REAL ESTATE NETWORK L.L.C

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,519

Year Built

  • Built in 2002

Lot Details

  • 7,884 Sq Ft Lot
  • Lot Dimensions are 50x158
  • 50 Feet of Waterfront
  • Lake Front
  • Rural Setting
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,742 Sq Ft Home
  • 1.5-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Water Views
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Bathtub with Shower

Outdoor Features

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

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Private Company Owned Well
  • Well
  • Cable TV Available

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 08-04-09-000-003.000-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,519

Year Built

Built in 2002

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2002
  • Age: 19
  • Style: One and Half Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 5
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Sun Valley Estates 2nd Add Lot 17
  • Parcel Number ID: 08-04-09-000-003.000-011
  • Platted: Yes
  • Amenities: Cable Ready, Ceiling Fan(s), Ceilings-Vaulted, Deck Open, Eat-In Kitchen, Kitchen Island, Wet Bar, Tub/Shower Combination, Main Level Bedroom Suite, Main Floor Laundry
  • Location: Lake, Rural
  • Sp Lp Percent: 98.16
  • Year Taxes Payable: 2020 payable 2021
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1742
  • Total Finished Sq Ft: 1742
  • Above Grade Finished Sq Ft: 1742
  • Price Per Sq Ft: 242.25
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Gas Log, One
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Vinyl
  • Living Great Room: Dimensions: 18x13, On Level: Main
  • Kitchen: Dimensions: 18x12, On Level: Main
  • Bedroom 1: Dimensions: 12x12, On Level: Main
  • Bedroom 2: Dimensions: 12x7, On Level: Main
  • Bedroom 3: Dimensions: 16x8, On Level: Upper
  • Loft: Dimensions: 31x16, On Level: Upper
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Sea Wall Type: Steel
  • Water Features: Pier/Dock
  • Water Frontage: 50
  • Water Name: Lake Freeman

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 24x12
  • Garage Sq Ft: 288
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Conventional, Forced Air
  • Sewer: Regional
  • Water Utilities: Well
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Cable Company: Comcast, DirectTV, Dish Network
  • Laundry: Dimensions: Mainx6, On Level: 8
  • Water Type: Lake
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Level, Waterfront, Lake, Water View, Waterfront-Level Bank
  • Lot Dimensions: 50x158
  • Estimated Lot Sq Ft: 7884
  • Estimated Lot Size Acres: 0.181

Tax Info

  • Annual Taxes: 2518.56

Multi Family

  • Water Access: Lakefront

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2021
Closed on
Sep 1, 2021
Sold by
Union Lake Holdings Llc
Bought by
Gellenbeck Ronald D and Gellenbeck Cheryl A
Seller's Agent
Sean Dekker
REAL ESTATE NETWORK L.L.C
Buyer's Agent
Jill Coble
REAL ESTATE NETWORK L.L.C
List Price
$429,900
Sold Price
$422,000
Premium/Discount to List
-$7,900
-1.84%
Current Estimated Value
$526,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,873
Avg. Annual Appreciation
5.51%
Original Mortgage
$200,000
Outstanding Balance
$181,985
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$344,888

Purchase Details

Closed on
Jun 1, 2001
Sold by
Danner Ronald W
Bought by
Union Lake Holdings Llc
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
Gellenbeck Ronald D -- None Available
Union Lake Holdings Llc $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gellenbeck Ronald D $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2021 09/01/21 Sold $422,000 -1.8% $242 / Sq Ft
07/31/2021 07/31/21 Pending -- -- --
07/19/2021 07/19/21 For Sale $429,900 -- $247 / 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 $3,064 $326,100 $163,300 $162,800
2023 $2,509 $276,300 $163,300 $113,000
2022 $2,509 $251,800 $163,300 $88,500
2021 $2,521 $237,300 $163,300 $74,000
2020 $2,519 $233,300 $145,200 $88,100
2019 $2,426 $230,500 $145,200 $85,300
2018 $2,337 $226,400 $145,200 $81,200
2017 $2,195 $226,600 $145,200 $81,400
2016 $2,297 $232,600 $139,700 $92,900
2014 $2,131 $217,400 $129,800 $87,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202128897

Indiana Regional MLS

APN: 08-04-09-000-003.000-011