NOT LISTED FOR SALE

11860 Vista Dr Monticello, IN 47960

Estimated Value: $778,000 - $1,265,993

6 Beds
5 Baths
3,752 Sq Ft
0.65 Acres

Last Sold May 03, 2017

Last sale price $194,900 $52 Per Sq Ft

Est. 430% increase in value since last sale

Current estimated payment $6,100/month

69 Days on Market

Highlights

  • 195 Feet of Waterfront
  • Lake Property
  • Forced Air Heating System
  • Pier or Dock
  • 1 Fireplace
  • Baseboard Heating

About This Home

As of May 2017

Excellent opportunity on Lake Freeman with many possibilities. The lot consists of .65 acres, 195 ft of frontage, permanent double boat lift with a wave runner lift and stamped concrete docks, 3 levels of 1 ton concrete blocks for sea wall, and all sets on a lake level lot on the main lake. There are a total of 4 units with the property that have great income earning potential or could be converted into a large home. Or enjoy 1 unit, rent out the other 3, and get paid to enjoy the lake life! See Virtual Tour!

Last Agent to Sell the Property

Bart Hickman

REAL ESTATE NETWORK L.L.C Listed on: 02/10/2017

Last Buyer's Agent

Bart Hickman

REAL ESTATE NETWORK L.L.C Listed on: 02/10/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,159

Year Built

  • Built in 1957

Lot Details

  • 195 Feet of Waterfront

Interior Spaces

  • 2-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 6 Bedrooms

Basement

  • Walk-Out Basement
  • 2 Bathrooms in Basement

Outdoor Features

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

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Baseboard Heating
  • Private Company Owned Well
  • Well

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 08-04-10-000-123.000-011

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,159

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Condo/Villa
  • Waterfront: Yes
  • Year Built: 1957
  • Age: 60
  • Style: Two Story
  • Total Number of Rooms: 13
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 5
  • Total Full Bathrooms: 5
  • Legal Description: PT NW 10-26-3 .65 AC
  • Parcel Number ID: 08-04-10-000-123.000-011
  • Platted: Yes
  • Investment Property: Yes
  • Sp Lp Percent: 92.85
  • Special Features: None

Interior Features

  • Total Sq Ft: 3752
  • Total Finished Sq Ft: 3752
  • Above Grade Finished Sq Ft: 1876
  • Below Grade Finished Sq Ft: 1876
  • Basement: Yes
  • Basement Foundation: Walk-Out Basement
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm
  • Living Great Room: Dimensions: 24x14, On Level: Main
  • Kitchen: Dimensions: 5x14, On Level: Main
  • Family Room: Dimensions: 25x15, On Level: Lower
  • Bedroom 1: Dimensions: 11x10, On Level: Main
  • Bedroom 2: Dimensions: 12x9, On Level: Main
  • Bedroom 3: Dimensions: 10x10, On Level: Lower
  • Bedroom 4: Dimensions: 10x10, On Level: Main
  • Bedroom 5: Dimensions: 12x11, On Level: Main
  • Number Below Grade Bathrooms: 2
  • Number of Below Grade Full Bathrooms: 2
  • Number of Main Level Full Bathrooms: 3
  • Total Below Grade Sq Ft: 1876

Exterior Features

  • Exterior: Aluminum
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Sea Wall Type: Concrete
  • Water Features: Pier/Dock Available
  • Water Frontage: 195
  • Water Name: Lake Freeman

Utilities

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

Schools

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

Lot Info

  • Lot Description: Lake, Waterfront-Level Bank
  • Lot Dimensions: IRR
  • Estimated Lot Sq Ft: 28314
  • Estimated Lot Size Acres: 0.65

Tax Info

  • Annual Taxes: 2159.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2017
Closed on
May 3, 2017
Sold by
Derhammer Thomas E and Derhammer Rhonda A
Bought by
Summers Ronald D and Summers Michele L
Seller's Agent
Bart Hickman
REAL ESTATE NETWORK L.L.C
Buyer's Agent
Bart Hickman
REAL ESTATE NETWORK L.L.C
List Price
$239,900
Sold Price
$194,900
Premium/Discount to List
-$45,000
-18.76%
Current Estimated Value
$1,031,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$837,098
Avg. Annual Appreciation
18.58%

Purchase Details

Closed on
Mar 7, 2005
Sold by
Johnson Michael L and Johnson Kathy A
Bought by
Derhammer Thomas E and Irwin Rhonda A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Summers Ronald D -- Columbia Title Inc
Derhammer Thomas E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Summers Michele L $510,400
Closed Summers Ronald D $536,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2017 05/03/17 Sold $194,900 -18.8% $52 / Sq Ft
04/20/2017 04/20/17 Pending -- -- --
02/10/2017 02/10/17 For Sale $239,900 -- $64 / 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 $5,718 $970,200 $382,200 $588,000
2023 $4,691 $805,700 $382,200 $423,500
2022 $4,691 $733,900 $382,200 $351,700
2021 $4,416 $666,300 $382,200 $284,100
2020 $3,901 $582,900 $253,000 $329,900
2019 $3,717 $570,200 $253,000 $317,200
2018 $1,422 $258,500 $253,000 $5,500
2017 $3,154 $325,700 $253,000 $72,700
2016 $2,159 $218,600 $141,200 $77,400
2014 $2,139 $218,300 $141,200 $77,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201705329

Indiana Regional MLS

APN: 08-04-10-000-123.000-011