NOT LISTED FOR SALE

3352 N Shore Acres Loop Monticello, IN 47960

Estimated Value: $767,000 - $994,000

5 Beds
4 Baths
3,601 Sq Ft
$238/Sq Ft Est. Value

Last Sold July 13, 2020

Last sale price $525,000 $146 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $5,037/month

77 Days on Market

Highlights

  • 108 Feet of Waterfront
  • Primary Bedroom Suite
  • Lake Property
  • Boat Dock
  • Open Floorplan
  • Cathedral Ceiling

About This Home

As of July 2020

Location! Location! Location! Stunning 5 BR/4 BA lakefront home on main Lake Shafer. Walk out your updated finished basement onto your lake level lot with over 100’ of concrete seawall and decorative block detail. Both covered boat and jet ski docks with electric lifts featuring a protected shallow swim area gradually descending to deep water pier access. FEMA/LOMA approved (no flood insurance required). After a day on this all-sports lake, relax in your spacious, open-concept, 3601 sq ft home. Luxuries and amenities include a Large kitchen with Italian granite counter tops, stainless steel appliances, gas stove/oven, separate wine/beverage cooler, copper farmhouse sink, dual zone HVAC, and RO water system. The kitchen opens into the living and dining room areas featuring breathtaking lakefront, golf course and sunset views from your wall of windows including remote control window blinds, a floor-to-ceiling cultured stone vent-less gas fireplace with remote, and gorgeous new hardwood look Florida porcelain tile. The master bedroom completes the main level with porcelain tile, jacuzzi tub, separate walk-in shower and it’s own deck access. Upstairs, enjoy the lake views from your large loft area with built-in cabinet and computer desk. Upstairs also features two mini-suites ( 4 bedrooms upstairs total) with 2 full jack-n-Jill baths. The walkout, lake level basement is completely finished with new flooring in the large great room, full bath and dual laundry. The detached, over-sized 2 car garage includes a workshop area and a beautiful renovated office area with it's own separate heating and cooling system.

Last Agent to Sell the Property

Nole Schaefer

Reality Realty Listed on: 03/31/2020

Last Buyer's Agent

Hollie Anderson

The Real Estate Company

The Real Estate Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,933

Year Built

  • Built in 2005

Lot Details

  • 8,990 Sq Ft Lot
  • Lot Dimensions are 58x155
  • 108 Feet of Waterfront
  • Lake Front
  • Backs to Open Ground
  • Landscaped

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Stone Exterior Construction

Interior Spaces

  • Multi-Level Property
  • Open Floorplan
  • Built-in Bookshelves
  • Built-In Features
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Ventless Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Pocket Doors
  • Great Room
  • Living Room with Fireplace
  • Workshop
  • Utility Room in Garage
  • Gas Dryer Hookup
  • Water Views

Kitchen

  • Breakfast Bar
  • Kitchen Island
  • Solid Surface Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Finished Basement

  • Walk-Out Basement
  • Block Basement Construction
  • 1 Bathroom in Basement

Home Security

  • Video Cameras
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • Energy-Efficient Thermostat

Outdoor Features

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

Schools

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

Utilities

  • Multiple cooling system units
  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Multiple Heating Units
  • High-Efficiency Furnace
  • Heating System Uses Gas
  • Shared Well
  • Well
  • Multiple Phone Lines

Listing and Financial Details

  • Assessor Parcel Number 91-73-08-000-019.000-011

Community Details

Amenities

  • Community Fire Pit

Recreation

  • Boat Dock
  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,933

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2005
  • Style: Multi-Story (3+)
  • Architectural Style: Traditional
  • Bedrooms: 5
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: Shore Acres Add Troegers Lot 5
  • Parcel Number ID: 91-73-08-000-019.000-011
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Breakfast Bar, Built-In Bookcase, Built-in Desk, Built-In Entertainment Ct, Ceiling-9+, Ceiling-Cathedral, Ceiling Fan(s), Ceilings-Vaulted, Closet(s) Walk-in, Countertops-Solid Surf, Crown Molding, Deck on Waterfront, Detector-Carbon Monoxide, Detector-Smoke, Disposal, Dryer Hook Up Gas, Firepit, Garage Door Opener, Jet Tub, Kitchen Island, Landscaped, Multiple Phone Lines, Open Floor Plan, Patio Covered, Pocket Doors, Porch Covered, Six Panel Doors, Twin Sink Vanity, Alarm System-Sec. Cameras, Tub and Separate Shower, Tub/Shower Combination, Workshop, Main Level Bedroom Suite, Great Room, Custom Cabinetry, Garage Utilities, Jack & Jill Bath
  • Improvmnts In Last5 Yrs: Yes
  • Location: Lake
  • Special Features: None

Interior Features

  • Total Sq Ft: 3601
  • Total Finished Sq Ft: 3601
  • Above Grade Finished Sq Ft: 2593
  • Below Grade Finished Sq Ft: 1008
  • Basement: Yes
  • Basement Foundation: Finished, Partial Basement, Slab, Walk-Out Basement
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Gas Log, Ventless
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl
  • Living Great Room: Dimensions: 16x14, On Level: Main
  • Kitchen: Dimensions: 21x12, On Level: Main
  • Dining Room: Dimensions: 14x11, On Level: Main
  • Family Room: Dimensions: 19x12, On Level: Basement
  • Recreation Room: Dimensions: 19x17, On Level: Basement
  • Extra Room: Office, Dimensions: 27x10, On Level: Main
  • Bedroom 1: Dimensions: 14x12, On Level: Main
  • Bedroom 2: Dimensions: 13x12, On Level: Upper
  • Bedroom 3: Dimensions: 13x12, On Level: Upper
  • Bedroom 4: Dimensions: 17x12, On Level: Upper
  • Bedroom 5: Dimensions: 12x12, On Level: Upper
  • Loft: Dimensions: 16x16, On Level: Upper
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1008

Exterior Features

  • Exterior: Aluminum, Stone, Wood, Fiber Cement
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: Shed, Dimensions: 10x6
  • Lake Type: Ski Lake
  • Sea Wall Type: Concrete
  • Water Features: Pier/Dock
  • Water Frontage: 108
  • Water Name: Lake Shafer

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 29x23
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air, Multiple Cooling Units, Wall AC
  • Heating Fuel: Gas, Forced Air, Multiple Heating Systems
  • Sewer: Regional
  • Water Utilities: Well
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Hvac: Ceiling Fan, High Efficiency Furnace
  • Laundry: Dimensions: Basementx8, On Level: 17
  • Water Type: Lake
  • Well Type: Shared

Condo/Co-op/Association

  • Common Amenities: Dock

Schools

  • Elementary School: East Lawn

Lot Info

  • Lot Description: Waterfront, Lake, Water View, Waterfront-Level Bank
  • Lot Dimensions: 58X155
  • Estimated Lot Sq Ft: 8990
  • Estimated Lot Size Acres: 0.2064
  • Lot Number: 5

Green Features

  • Energy Efficient: Electrical/Lighting, HVAC, Thermostat/Controllers, Windows
  • Energy Efficient Windows/Doors: Double Pane Windows

Tax Info

  • Annual Taxes: 3932.96

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
Mar 31, 2020
Closed on
Jul 13, 2020
Sold by
Schaefer and Katherine
Bought by
Onan Chad M
Seller's Agent
Nole Schaefer
Reality Realty
Buyer's Agent
Hollie Anderson
The Real Estate Company
List Price
$564,900
Sold Price
$525,000
Premium/Discount to List
-$39,900
-7.06%
Current Estimated Value
$857,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$332,765
Avg. Annual Appreciation
9.44%
Original Mortgage
$412,000
Outstanding Balance
$287,794
Interest Rate
2.6%
Mortgage Type
Construction
Estimated Equity
$569,971

Purchase Details

Closed on
Jun 28, 2010
Sold by
Federal National Mortgage Asso
Bought by
Pnc Bank National City Real Es
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Onan Chad M $525,000 Mtc
Pnc Bank National City Real Es $440,400 Feiwell & Hannoy Pc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Onan Chad M $412,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2020 07/13/20 Sold $525,000 -4.5% $146 / Sq Ft
06/16/2020 06/16/20 Pending -- -- --
05/05/2020 05/05/20 Price Changed $549,900 -2.7% $153 / Sq Ft
03/31/2020 03/31/20 For Sale $564,900 -- $157 / 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 $6,296 $636,500 $132,800 $503,700
2023 $5,494 $540,800 $132,800 $408,000
2022 $4,667 $455,400 $132,800 $322,600
2021 $4,438 $424,600 $132,800 $291,800
2020 $4,300 $406,800 $130,200 $276,600
2019 $3,933 $386,000 $130,200 $255,800
2018 $3,669 $369,500 $118,300 $251,200
2017 $3,163 $341,500 $118,300 $223,200
2016 $3,067 $338,200 $118,300 $219,900
2014 $3,255 $352,200 $124,200 $228,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202011651

Indiana Regional MLS

APN: 91-73-08-000-019.000-011