NOT LISTED FOR SALE

3398 E Bailey Rd Monticello, IN 47960

Estimated Value: $406,820 - $430,000

5 Beds
1 Bath
1,614 Sq Ft
$260/Sq Ft Est. Value

Last Sold August 18, 2017

Last sale price $172,000 $107 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $2,458/month

185 Days on Market

Highlights

  • 78 Feet of Waterfront
  • Lake Property
  • 2 Car Detached Garage
  • Pier or Dock
  • Screened Porch
  • In-Law or Guest Suite

About This Home

As of August 2017

Lots to offer from this lake home setting on nearly an acre with 75 ft of lake frontage and a shoreline that is an ideal depth for swimming and relaxation. Perfect for entertaining guests! The main cottage has 3 bedrooms, 1 bathroom, 1114 sqft and above the 2 car garage is an additional living quarters with 500 sq ft has a living room and 2 bedrooms. Water front has a dock and boat lift with canopy cover. A beautiful lot that is lake level and offers fantastic views! Some furnishing included, see agent remarks. See virtual tour!

Last Agent to Sell the Property

Bart Hickman

REAL ESTATE NETWORK L.L.C Listed on: 01/31/2017

Last Buyer's Agent

Billy Brand

Concord Realty Group

Concord Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,981

Year Built

  • Built in 1955

Lot Details

  • 0.63 Acre Lot
  • Lot Dimensions are 78x546
  • 78 Feet of Waterfront
  • Landscaped

Parking

  • 2 Car Detached Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Screened Porch
  • Crawl Space

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • In-Law or Guest Suite
  • 1 Full Bathroom
  • Separate Shower

Outdoor Features

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

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 91-83-31-000-032.000-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,981

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1955
  • Age: 62
  • Style: One Story
  • Total Number of Rooms: 9
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: George Spencer Sub Lots 1 & 1A
  • Parcel Number ID: 91-83-31-000-032.000-013
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Guest Quarters, Landscaped, Porch Screened, Stand Up Shower
  • Road Surface: Paved
  • Sp Lp Percent: 86.04
  • Special Features: None

Interior Features

  • Total Sq Ft: 1614
  • Total Finished Sq Ft: 1614
  • Above Grade Finished Sq Ft: 1614
  • Basement Foundation: Crawl
  • Flooring: Carpet, Tile
  • Living Great Room: Dimensions: 19x11, On Level: Main
  • Kitchen: Dimensions: 10x8, On Level: Main
  • Dining Room: Dimensions: 10x10, On Level: Main
  • Family Room: Dimensions: 23x11, On Level: Upper
  • Bedroom 1: Dimensions: 11x8, On Level: Main
  • Bedroom 2: Dimensions: 13x11, On Level: Main
  • Bedroom 3: Dimensions: 13x11, On Level: Main
  • Bedroom 4: Dimensions: 11x11, On Level: Upper
  • Bedroom 5: Dimensions: 11x11, On Level: Upper
  • Main Level Sq Ft: 1114
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: Shed, Dimensions: 24x12
  • Lake Type: Ski Lake
  • Sea Wall Type: Rip Rap
  • Water Features: Pier/Dock
  • Water Frontage: 78
  • Water Name: Lake Shafer

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x23
  • Garage Sq Ft: 552

Utilities

  • Cooling: Window
  • Heating Fuel: Gas
  • Sewer: Regional
  • Water Utilities: Well
  • Water Type: Lake
  • Well Type: Private

Schools

  • School District: North White School Corp.
  • Elementary School: Monon
  • Middle School: North White
  • High School: North White

Lot Info

  • Lot Description: Lake, Waterfront-Level Bank
  • Lot Dimensions: 78x546
  • Estimated Lot Sq Ft: 27443
  • Estimated Lot Size Acres: 0.63

Tax Info

  • Annual Taxes: 1981.22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2017
Closed on
Aug 18, 2017
Sold by
Linda Raymond
Bought by
Fernander Michael L and Fernander Deborah D
Seller's Agent
Bart Hickman
REAL ESTATE NETWORK L.L.C
Buyer's Agent
Billy Brand
Concord Realty Group
List Price
$209,900
Sold Price
$172,000
Premium/Discount to List
-$37,900
-18.06%
Current Estimated Value
$419,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,205
Avg. Annual Appreciation
11.58%
Original Mortgage
$137,600
Outstanding Balance
$114,817
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$304,388
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
Fernander Michael L $172,000 White Cnty Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fernander Michael L $137,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2017 08/18/17 Sold $172,000 -18.1% $107 / Sq Ft
08/04/2017 08/04/17 Pending -- -- --
01/31/2017 01/31/17 For Sale $209,900 -- $130 / 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 $2,820 $303,600 $140,200 $163,400
2023 $2,862 $289,300 $140,200 $149,100
2022 $2,741 $255,100 $140,200 $114,900
2021 $2,682 $242,300 $140,200 $102,100
2020 $2,514 $197,600 $103,300 $94,300
2019 $2,159 $174,700 $96,000 $78,700
2018 $2,051 $169,400 $96,000 $73,400
2017 $2,155 $168,500 $96,000 $72,500
2016 $1,981 $168,200 $96,000 $72,200
2014 $1,691 $156,200 $88,600 $67,600
Source: Public Records

Agents Affiliated with this Home

  • Bart Hickman

    Seller's Agent in 2017

    Bart Hickman

    REAL ESTATE NETWORK L.L.C

    (574) 870-4269

    315 Total Sales

    Bart Hickman
    Section Image
  • Billy Brand

    Buyer's Agent in 2017

    Billy Brand

    Concord Realty Group

    (765) 418-0387

    109 Total Sales

    Billy Brand
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201703781

Indiana Regional MLS

APN: 91-83-31-000-032.000-013

Indiana White County Monticello 47960

3398 E Bailey Rd, Monticello, IN

This home is located at 3398 E Bailey Rd, Monticello, IN 47960 since 31 January 2017 and is currently estimated at $419,205, approximately $259 per square foot. This property was built in 1955. 3398 E Bailey Rd is a home located in White County with nearby schools including North White Elementary School, North White Middle School, and North White Junior/Senior High School.

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.

Nearby Homes