NOT LISTED FOR SALE

3280 N Shore Acres Loop Monticello, IN 47960

Estimated Value: $351,000 - $744,929

2 Beds
1 Bath
660 Sq Ft
$852/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $220,000 $333 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $3,405/month

5 Days on Market

Highlights

  • 60 Feet of Waterfront
  • Bathtub with Shower
  • Garden Bath
  • Lake Property
  • Patio
  • 1-Story Property

About This Home

As of November 2021

Enjoy the lake life from this cottage just inside the bay with main Lake Shafer views! This 660 square foot lake level home has 60 feet of water frontage and includes a temporary boat lift. Updates include a new well, central a/c, heat, and a metal roof. There is also an additional outbuilding with a half bath. The home offers 2 bedrooms and 1 bathroom with tons of potential!

Last Agent to Sell the Property

Michelle Gerhart

VOGEL REAL ESTATE Listed on: 09/15/2021

Co-Listed By

Kristi Croushore

VOGEL REAL ESTATE

Last Buyer's Agent

Bart Hickman

REAL ESTATE NETWORK L.L.C

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,883

Year Built

  • Built in 1956

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 60 x 194
  • 60 Feet of Waterfront
  • Lake Front
  • Level Lot

Home Design

  • Cabin
  • Slab Foundation
  • Wood Siding
  • Stone Exterior Construction

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Water Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower
  • Garden Bath

Outdoor Features

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

Schools

  • East Lawn Elementary School
  • Roosevelt Middle School
  • Twin Lakes High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 91-73-09-000-030.400-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,883

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1956
  • Style: One Story
  • Architectural Style: Cabin/Cottage
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Shore Acres 2nd add lot 4
  • Parcel Number ID: 91-73-09-000-030.400-011
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Jet/Garden Tub, Patio Open, Tub/Shower Combination
  • Road Surface: Paved
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 660
  • Total Finished Sq Ft: 660
  • Above Grade Finished Sq Ft: 660
  • Basement Foundation: Slab
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Gas Log, Fireplace Insert
  • Fireplace: Yes
  • Living Great Room: Dimensions: 18x17, On Level: Main
  • Kitchen: Dimensions: 14x8, On Level: Main
  • Bedroom 1: Dimensions: 17x9, On Level: Main
  • Bedroom 2: Dimensions: 8x8, On Level: Main
  • Main Level Sq Ft: 660
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Stone, Wood
  • Outbuilding1: Outbuilding, Dimensions: 16x22, 352
  • Lake Type: Ski Lake
  • Outbuilding2: Shed, Dimensions: 8x12, 96
  • Water Frontage: 60
  • Water Name: Lake Shafer

Utilities

  • Cooling: Central Air
  • Heating Fuel: Conventional, Forced Air
  • Sewer: Regional
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx4, On Level: 11
  • Water Type: Lake
  • Well Type: Private

Condo/Co-op/Association

  • Other Fee Description: SFLECC
  • Other Fees Dollar: 125

Schools

  • Elementary School: East Lawn

Lot Info

  • Lot Description: Level, Waterfront, Lake, Water View, Waterfront-Level Bank
  • Lot Dimensions: 60 X 194
  • Estimated Lot Sq Ft: 11640
  • Estimated Lot Size Acres: 0.26

Tax Info

  • Annual Taxes: 1882.92

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

Listed on
Sep 15, 2021
Closed on
Nov 12, 2021
Sold by
Alex Henry
Bought by
Hubbard Richard M
Seller's Agent
Michelle Gerhart
VOGEL REAL ESTATE
Buyer's Agent
Bart Hickman
REAL ESTATE NETWORK L.L.C
List Price
$220,000
Sold Price
$220,000
Current Estimated Value
$562,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$342,482
Avg. Annual Appreciation
25.80%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hubbard Richard M $220,000 Columbia Title Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2021 11/12/21 Sold $220,000 0.0% $333 / Sq Ft
09/20/2021 09/20/21 Pending -- -- --
09/15/2021 09/15/21 For Sale $220,000 -- $333 / 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 $5,355 $541,300 $145,200 $396,100
2023 $4,938 $486,100 $145,200 $340,900
2022 $2,286 $221,600 $145,200 $76,400
2021 $2,266 $215,300 $145,200 $70,100
2020 $1,883 $176,800 $112,200 $64,600
2019 $1,735 $170,300 $112,200 $58,100
2018 $1,686 $168,400 $112,200 $56,200
2017 $2,118 $167,800 $112,200 $55,600
2016 $1,522 $167,800 $112,200 $55,600
2014 $1,430 $154,700 $99,000 $55,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202139294

Indiana Regional MLS

APN: 91-73-09-000-030.400-011