NOT LISTED FOR SALE

11228 N Lower Lake Shore Dr Monticello, IN 47960

Estimated Value: $455,586 - $555,000

3 Beds
2 Baths
2,036 Sq Ft
$240/Sq Ft Est. Value

Last Sold June 11, 2020

Last sale price $315,000 $155 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,849/month

87 Days on Market

Highlights

  • 56 Feet of Waterfront
  • Lake Property
  • Wood Flooring
  • RV Parking in Community
  • Ranch Style House
  • Covered Patio or Porch

About This Home

As of June 2020

Lake Level 3 bedroom 2 bath Brick Main Lake Freeman Home. Tile and Hardwood flooring, oak kitchen, pier/deck & hot tub at waterfront. Oversized det. garage with hook-up for RV Parking. Carport of additional parking. Updated furnace/central a/c and electrical. Crown Molding and finished ceilings. Maintenance Free exterior home. Fenced Side Yard. Nice Calm Water outfront with no stairs to water. Plenty of room for overflow parking with a 308 ft. deep lot. Nice Sunsets. Some furnishings available with purchase.

Last Agent to Sell the Property

Gregory Vogel

VOGEL REAL ESTATE Listed on: 03/15/2020

Last Buyer's Agent

James Dye

F C Tucker/Lafayette Inc

F C Tucker/Lafayette Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,532

Year Built

  • Built in 1963

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 56x308
  • 56 Feet of Waterfront
  • Lake Front
  • Wood Fence
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2,036 Sq Ft Home
  • Gas Log Fireplace

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Block Basement Construction
  • Crawl Space

Outdoor Features

  • Sun Deck
  • Waterski or Wakeboard
  • Lake Property
  • Lake, Pond or Stream
  • Covered Patio or Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well

Community Details

  • RV Parking in Community

Listing and Financial Details

  • Assessor Parcel Number 08-04-10-000-234.000-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,532

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1963
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: PT SW 10-26-3 .34 acre
  • Parcel Number ID: 08-04-10-000-234.000-011
  • Platted: Yes
  • Amenities: Deck Open, Deck on Waterfront, Porch Covered, RV Parking
  • Location: Lake
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2036
  • Total Finished Sq Ft: 2036
  • Above Grade Finished Sq Ft: 2036
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Gas Log
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood Floors, Laminate, Tile
  • Living Great Room: Dimensions: 14x18, On Level: Basement
  • Kitchen: Dimensions: 16x10, On Level: Main
  • Dining Room: Dimensions: 15x9, On Level: Main
  • Family Room: Dimensions: 14x18, On Level: Main
  • Bedroom 1: Dimensions: 17x24, On Level: Main
  • Bedroom 2: Dimensions: 11x12, On Level: Main
  • Bedroom 3: Dimensions: 11x14, On Level: Basement
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Brick
  • Roof Material: Shingle
  • Outbuilding1: None
  • Fence: Wood
  • Lake Type: Ski Lake
  • Water Frontage: 56
  • Water Name: Lake Freeman

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 30x24
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Regional
  • Water Utilities: Well
  • Water Type: Lake
  • Well Type: Private

Condo/Co-op/Association

  • Other Fee Description: waterfront easement permit
  • Other Fees Dollar: 100

Schools

  • Elementary School: Oaklawn

Lot Info

  • Lot Description: Level, Waterfront, Lake, Waterfront-Level Bank
  • Lot Dimensions: 56x308
  • Estimated Lot Sq Ft: 16988
  • Estimated Lot Size Acres: 0.39

Tax Info

  • Annual Taxes: 1531.92
  • Exemptions: Homestead, Mortgage

Multi Family

  • Water Access: Lakefront

MLS Schools

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

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2025
Sold by
Panariello Richard and Panariello Victoria
Bought by
Panariello Richard and Panariello Victoria
Current Estimated Value
$489,647

Purchase Details

Listed on
Mar 15, 2020
Closed on
Jun 11, 2020
Sold by
Scherrer Everett J and Scherrer Margaret L
Bought by
Panariello Richard
Seller's Agent
Gregory Vogel
VOGEL REAL ESTATE
Buyer's Agent
James Dye
F C Tucker/Lafayette Inc
List Price
$334,900
Sold Price
$315,000
Premium/Discount to List
-$19,900
-5.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.54%
Original Mortgage
$252,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 1999
Sold by
Fisher Thomas
Bought by
Scherrer Everett
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Panariello Richard -- None Listed On Document
Panariello Richard -- None Available
Scherrer Everett $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Panariello Richard $252,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2020 06/11/20 Sold $315,000 -5.9% $155 / Sq Ft
03/15/2020 03/15/20 For Sale $334,900 -- $164 / 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 $3,433 $365,400 $191,200 $174,200
2023 $3,026 $322,200 $191,200 $131,000
2022 $3,026 $300,100 $191,200 $108,900
2021 $2,986 $281,000 $191,200 $89,800
2020 $1,596 $272,900 $170,100 $102,800
2019 $1,532 $269,300 $170,100 $99,200
2018 $1,467 $264,000 $170,100 $93,900
2017 $1,373 $263,400 $170,100 $93,300
2016 $1,407 $264,400 $161,500 $102,900
2014 $1,733 $317,300 $223,000 $94,300
Source: Public Records

Agents Affiliated with this Home

  • Gregory Vogel

    Seller's Agent in 2020

    Gregory Vogel

    VOGEL REAL ESTATE

    (574) 870-3987

    129 Total Sales

    Gregory Vogel
    Section Image

  • J

    Buyer's Agent in 2020

    James Dye

    F C Tucker/Lafayette Inc

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202010009

Indiana Regional MLS

APN: 08-04-10-000-234.000-011

Indiana Carroll County Monticello 47960

11228 N Lower Lake Shore Dr, Monticello, IN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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