NOT LISTED FOR SALE

2638 N Peterson Dr Monticello, IN 47960

Estimated Value: $715,000 - $772,000

6 Beds
3 Baths
3,024 Sq Ft
$246/Sq Ft Est. Value

Last Sold August 14, 2017

Last sale price $360,000 $119 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $4,278/month

32 Days on Market

Highlights

  • 100 Feet of Waterfront
  • In Ground Pool
  • Lake Property
  • Pier or Dock
  • Primary Bedroom Suite
  • Living Room with Fireplace

About This Home

As of August 2017

Beautiful Lake Shafer home made for summer living! Not only does this home have an amazing view of Indiana Beach across the entire back side of the house, but it's set on over an acre! You'll be ready for summer with the double bay covered boat lifts, inground swimming pool, screened in porch along with tons of decking. The lower level has a covered patio along the waterside. Not only does this remodeled home have a great kitchen upstairs with stainless steel appliances and solid surface countertops, but it also has another complete kitchen in the full finished basement. This place was made for entertaining! Hardwood floors throughout the upstairs along with 3 bedrooms and a remodeled bath. The walkout basement has 3 additonal bedrooms and a massive tiled walk in shower to clean off after a fun filled day on the lake. Fireplaces both upstairs and downstairs for relaxing year round. You'll also have plenty of storage with the 2 car attached garage and 3+ car detached garage. There's just too much to list with this house! It's a must see!

Last Agent to Sell the Property

Sean Dekker

REAL ESTATE NETWORK L.L.C Listed on: 06/29/2017

Last Buyer's Agent

Sean Dekker

REAL ESTATE NETWORK L.L.C Listed on: 06/29/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,172

Year Built

  • Built in 1972

Lot Details

  • 1.22 Acre Lot
  • 100 Feet of Waterfront
  • Lake Front
  • Rural Setting
  • Irregular Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Wood Siding
  • Stone Exterior Construction

Interior Spaces

  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Utility Room in Garage
  • Washer and Gas Dryer Hookup

Kitchen

  • Gas Oven or Range
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Suite
  • Bathtub with Shower
  • Separate Shower

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • 1 Bathroom in Basement
  • 3 Bedrooms in Basement

Outdoor Features

  • In Ground Pool
  • Sun Deck
  • Waterski or Wakeboard
  • Seawall
  • Lake Property
  • Lake, Pond or Stream
  • Covered Deck

Utilities

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

Community Details

  • Pier or Dock
  • Community Pool

Listing and Financial Details

  • Assessor Parcel Number 91-73-16-000-002.200-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,172

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1972
  • Age: 45
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 12
  • Total Number of Rooms Below Grade: 5
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: PT CEN NW FRAX HALF; 16-27-03; .43 S/E W NE .154 & .071 PT FRAX N 1/2 .563
  • Parcel Number ID: 91-73-16-000-002.200-020
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Countertops-Solid Surf, Deck Covered, Deck Open, Deck on Waterfront, Dryer Hook Up Gas/Elec, Foyer Entry, Garage Door Opener, Range/Oven Hook Up Gas, Stand Up Shower, Tub/Shower Combination, Main Level Bedroom Suite, Washer Hook-Up, Garage Utilities
  • Location: Lake, Rural Subdivision
  • Number Below Grade Bedrooms: 3
  • Sp Lp Percent: 83.74
  • Special Features: None

Interior Features

  • Total Sq Ft: 3024
  • Total Finished Sq Ft: 3024
  • Above Grade Finished Sq Ft: 1512
  • Below Grade Finished Sq Ft: 1512
  • Basement: Yes
  • Basement Foundation: Full Basement, Walk-Out Basement
  • Basement Material: Block
  • Number Of Fireplaces: 2
  • Fireplace: Family Rm, Living/Great Rm, Gas Log
  • Flooring: Hardwood Floors, Carpet, Stone
  • Living Great Room: Dimensions: 19x14, On Level: Main
  • Kitchen: Dimensions: 9x14, On Level: Main
  • Breakfast Room: Dimensions: 11x14, On Level: Main
  • Dining Room: Dimensions: 11x14, On Level: Main
  • Family Room: Dimensions: 29x13, On Level: Lower
  • Bedroom 1: Dimensions: 16x12, On Level: Main
  • Bedroom 2: Dimensions: 11x11, On Level: Main
  • Bedroom 3: Dimensions: 12x12, On Level: Main
  • Bedroom 4: Dimensions: 13x17, On Level: Lower
  • Bedroom 5: Dimensions: 14x11, On Level: Lower
  • Other Room1: 6th Bedroom, Dimensions: 11x11, On Level: Lower
  • Other Room 2: Basement Kitchen, Dimensions: 12x11, On Level: Lower
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1512

Exterior Features

  • Exterior: Stone, Wood
  • Roof Material: Asphalt
  • Outbuilding1: 2nd Detached Garage, Dimensions: 40x24
  • Pool: Below Ground
  • Pool: Yes
  • Lake Type: Ski Lake
  • Sea Wall Type: Steel
  • Water Features: Pier/Dock
  • Water Frontage: 100
  • Water Name: Lake Shafer

Garage/Parking

  • Driveway: Asphalt
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x24
  • Garage Sq Ft: 576

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Regional
  • Water Utilities: Well
  • Laundry: Dimensions: 11xLower, On Level: 9
  • 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: Irregular, Waterfront, 0-2.9999, Lake, Waterfront-Medium Bank
  • Lot Dimensions: 1.22 acres (irregular)
  • Estimated Lot Sq Ft: 53143
  • Estimated Lot Size Acres: 1.22

Tax Info

  • Annual Taxes: 4172.32

Multi Family

  • Water Access: Lakefront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2017
Closed on
Aug 14, 2017
Sold by
Mclaughlin Bill & C Trust
Bought by
Reeser Herbert A and Reeser Sabra K
Seller's Agent
Sean Dekker
REAL ESTATE NETWORK L.L.C
Buyer's Agent
Sean Dekker
REAL ESTATE NETWORK L.L.C
List Price
$429,900
Sold Price
$360,000
Premium/Discount to List
-$69,900
-16.26%
Current Estimated Value
$745,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$385,382
Avg. Annual Appreciation
9.31%
Original Mortgage
$243,000
Outstanding Balance
$202,326
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$543,056

Purchase Details

Closed on
Oct 12, 2010
Sold by
Joan P Murphy
Bought by
Colleen Mclaughlin Family Trus

Purchase Details

Closed on
Sep 10, 2010
Sold by
Deutsche Bank Nat Trust Co
Bought by
Joan P Murphy

Purchase Details

Closed on
Mar 9, 2010
Sold by
Sheriff John I Roberts
Bought by
Deutsche Bank National Trust C
Source: Public Records

Range of Values:

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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
Reeser Herbert A $303,750 White Cnty Title Co
Colleen Mclaughlin Family Trus $270,000 --
Joan P Murphy $270,000 First American Title Insurance
Deutsche Bank National Trust C $370,000 Feiwell & Hannoy
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reeser Herbert A $243,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2017 08/14/17 Sold $360,000 -16.3% $119 / Sq Ft
07/31/2017 07/31/17 Pending -- -- --
06/29/2017 06/29/17 For Sale $429,900 -- $142 / 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 $3,866 $573,900 $213,000 $360,900
2023 $3,572 $574,200 $213,000 $361,200
2022 $3,600 $534,100 $213,000 $321,100
2021 $3,206 $469,300 $213,000 $256,300
2020 $3,034 $443,200 $213,000 $230,200
2019 $2,626 $403,700 $203,000 $200,700
2018 $2,597 $405,400 $203,000 $202,400
2017 $2,389 $403,200 $203,000 $200,200
2016 $4,720 $403,200 $203,000 $200,200
2014 $4,932 $406,800 $203,000 $203,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201729938

Indiana Regional MLS

APN: 91-73-16-000-002.200-020