NOT LISTED FOR SALE

3480 E Bailey Rd Monon, IN 47959

Estimated Value: $499,000 - $586,000

3 Beds
2 Baths
2,300 Sq Ft
$238/Sq Ft Est. Value

Last Sold November 10, 2022

Last sale price $459,000 $200 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,203/month

19 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Lake, Pond or Stream
  • Walk-In Pantry
  • Pier or Dock
  • Community Fire Pit
  • Utility Sink

About This Home

As of November 2022

Lake Shafer Home Located on Peaceful Bay Awaits! Great interior space with two living areas, spacious eat-in kitchen with lovely water views, walk-in pantry, three bedrooms, two full bathrooms, and main floor laundry. Waterfront includes a large lake level yard, a triple boatlift, 50' steel seawall and beautiful views. Huge bonus, an attached three car garage with a bay set-up as a rec room/sports bar plus ample space for lake toy storage. A must see...desirable area, updated home, fabulous water improvements and views!

Last Agent to Sell the Property

Bart Hickman

REAL ESTATE NETWORK L.L.C Listed on: 10/14/2022

Last Buyer's Agent

Beth Howard

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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,569

Year Built

  • Built in 1958

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 50 x 200
  • 50 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Property has an invisible fence for dogs
  • Partially Fenced Property
  • Wood Fence
  • Landscaped
  • Level Lot

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2,300 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Entrance Foyer
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Electric Oven or Range
  • Kitchen Island
  • Laminate Countertops
  • Utility Sink
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Double Vanity
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Seawall
  • Lake, Pond or Stream

Schools

  • North White Primary Elementary School
  • North White Middle School
  • North White High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 91-83-31-000-010.800-013

Community Details

Amenities

  • Community Fire Pit

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,569

Year Built

Built in 1958

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1958
  • Age: 64
  • Style: One and Half Story
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: OUT E NW 31-28-03 .22
  • Parcel Number ID: 91-83-31-000-010.800-013
  • Platted: Yes
  • Amenities: Cable Ready, Ceiling Fan(s), Countertops-Laminate, Deck Open, Disposal, Dryer Hook Up Electric, Eat-In Kitchen, Firepit, Foyer Entry, Garage Door Opener, Kitchen Island, Landscaped, Pantry-Walk In, Range/Oven Hook Up Elec, Twin Sink Vanity, Utility Sink, Stand Up Shower, Main Floor Laundry, Washer Hook-Up
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2300
  • Total Finished Sq Ft: 2300
  • Above Grade Finished Sq Ft: 2300
  • Price Per Sq Ft: 199.57
  • Number Of Fireplaces: 1
  • Fireplace: Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Vinyl
  • Living Great Room: Dimensions: 23x21, On Level: Main
  • Kitchen: Dimensions: 13x16, On Level: Main
  • Breakfast Room: Dimensions: 23x16, On Level: Main
  • Family Room: Dimensions: 24x15, On Level: Main
  • Bedroom 1: Dimensions: 19x9, On Level: Main
  • Bedroom 2: Dimensions: 17x18, On Level: Upper
  • Bedroom 3: Dimensions: 15x13, On Level: Upper
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None
  • Fence: Partial, Pet Fence, Wood
  • Lake Type: Access to Ski Lake
  • Sea Wall Type: Steel
  • Water Features: Pier/Dock
  • Water Frontage: 50
  • Water Name: Lake Shafer

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 39x32
  • Garage Sq Ft: 1248
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Conventional
  • Sewer: Regional
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx8, On Level: 12
  • Water Type: Lake
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Level, Waterfront, Water View
  • Lot Dimensions: 50 X 200
  • Estimated Lot Sq Ft: 9583
  • Estimated Lot Size Acres: 0.22

Tax Info

  • Annual Taxes: 1569.26

Multi Family

  • Water Access: Bayfront

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2021
Sold by
Iatomasi Amy F and Iatomasi Michael F
Bought by
Brow Michael R
Current Estimated Value
$547,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$216,691
Interest Rate
3%
Mortgage Type
Construction
Estimated Equity
$330,464

Purchase Details

Closed on
Aug 29, 2013
Sold by
Kunner Barry R
Bought by
Iatomasi Amy
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
Brow Michael R $300,000 Columbia Title
Iatomasi Amy $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brow Michael R $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2022 11/10/22 Sold $459,000 0.0% $200 / Sq Ft
11/02/2022 11/02/22 Pending -- -- --
10/14/2022 10/14/22 For Sale $459,000 -- $200 / 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 $3,625 $390,200 $115,000 $275,200
2023 $3,618 $365,700 $115,000 $250,700
2022 $3,166 $297,700 $115,000 $182,700
2021 $1,569 $277,500 $115,000 $162,500
2020 $1,478 $231,800 $84,900 $146,900
2019 $2,791 $225,800 $78,400 $147,400
2018 $2,609 $215,400 $78,400 $137,000
2017 $2,744 $214,500 $78,400 $136,100
2016 $2,434 $206,600 $78,400 $128,200
2014 $2,079 $192,000 $71,900 $120,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202242713

Indiana Regional MLS

APN: 91-83-31-000-010.800-013