NOT LISTED FOR SALE

308 E Terrace Bay Ct Monticello, IN 47960

Estimated Value: $517,000 - $742,000

3 Beds
1.5 Baths
1,700 Sq Ft
$366/Sq Ft Est. Value

Last Sold October 15, 2014

Last sale price $383,000 $225 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,630/month

134 Days on Market

Highlights

  • 125 Feet of Waterfront
  • Lake Property
  • 2 Car Attached Garage
  • Boat Dock
  • Contemporary Architecture
  • Patio

About This Home

As of October 2014

Wonderful setting on Lake Freeman. This three bedroom, two bath home offers all the lake needs and wants. From the new double boat lift, low maintenance decking and seawall to the home itself with new appliances, fresh paint, newer roof and a complete remodel. This one won't last long at this price.. Come see it!

Last Agent to Sell the Property

Lawrence Moser

Twin Lakes Real Estate, Inc Listed on: 05/27/2014

Last Buyer's Agent

Lawrence Moser

Twin Lakes Real Estate, Inc Listed on: 05/27/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,100

Year Built

  • Built in 1954

Lot Details

  • Lot Dimensions are 140 x 96
  • 125 Feet of Waterfront
  • Lake Front
  • Landscaped

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • Gas Log Fireplace
  • Tile Flooring
  • Crawl Space
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

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

Schools

  • Meadowlawn 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
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 91-63-09-000-011.500-020

Community Details

Overview

  • Terrace Bay Subdivision

Recreation

  • Boat Dock
  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,100

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1954
  • Style: One Story
  • Architectural Style: Contemporary, Ranch
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: Terrace Bay Sub It 12 Terrace Bay Sub Itc |
  • Parcel Number ID: 91-63-09-000-011.500-020
  • Platted: Yes
  • Amenities: Deck on Waterfront, Garage Door Opener, Landscaped, Patio Open, Range/Oven Hook Up Gas
  • Location: Lake
  • Parcel Id2: 916309000004100020
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1700
  • Total Finished Sq Ft: 1700
  • Above Grade Finished Sq Ft: 1700
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 1
  • Fireplace: Gas Log
  • Fireplace: Yes
  • Flooring: Tile
  • Living Great Room: Dimensions: 20x21, On Level: Main
  • Kitchen: Dimensions: 20x8, On Level: Main
  • Dining Room: Dimensions: 15x14, On Level: Main
  • Extra Room: Ulitity Room, Dimensions: 22x6, On Level: Main
  • Bedroom 1: Dimensions: 15x10, On Level: Main
  • Bedroom 2: Dimensions: 10x10, On Level: Main
  • Bedroom 3: Dimensions: 12x10, On Level: Main
  • Main Level Sq Ft: 1700
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Brick
  • Roof Material: Shingle
  • Outbuilding1: Outbuilding
  • Lake Type: Ski Lake
  • Water Features: Pier/Dock
  • Water Frontage: 125
  • Water Name: Lake Freeman

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 22x25
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Common Amenities: Dock

Schools

  • Elementary School: Meadowlawn

Lot Info

  • Lot Description: Waterfront, Lake
  • Lot Dimensions: 140 x 96

Tax Info

  • Annual Taxes: 3100

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
May 27, 2014
Closed on
Oct 15, 2014
Sold by
Bruno Kyle F
Bought by
Leman Larry E and Leman Pamela J
Seller's Agent
Lawrence Moser
Twin Lakes Real Estate, Inc
Buyer's Agent
Lawrence Moser
Twin Lakes Real Estate, Inc
List Price
$399,000
Sold Price
$383,000
Premium/Discount to List
-$16,000
-4.01%
Current Estimated Value
$621,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,567
Avg. Annual Appreciation
4.47%
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
Leman Larry E $383,000 White County Abstract & Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2014 10/15/14 Sold $383,000 -4.0% $225 / Sq Ft
10/08/2014 10/08/14 Pending -- -- --
05/27/2014 05/27/14 For Sale $399,000 -- $235 / 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 $4,325 $654,800 $116,700 $538,100
2023 $3,332 $563,200 $116,700 $446,500
2022 $3,039 $471,200 $116,700 $354,500
2021 $2,832 $432,600 $116,700 $315,900
2020 $2,657 $406,700 $116,700 $290,000
2019 $2,420 $389,800 $108,400 $281,400
2018 $1,982 $332,600 $108,400 $224,200
2017 $1,820 $330,800 $108,400 $222,400
2016 $1,780 $330,800 $108,400 $222,400
2014 $1,660 $292,100 $144,500 $147,600
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2014

    Lawrence Moser

    Twin Lakes Real Estate, Inc

    (574) 808-8111

    55 Total Sales

    Lawrence Moser
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201420645

Indiana Regional MLS

APN: 91-63-09-000-004.100-020

Indiana White County Monticello 47960

308 E Terrace Bay Ct, 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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