NOT LISTED FOR SALE

3508 N Shore Acres Ct Monticello, IN 47960

Estimated Value: $570,000 - $855,476

5 Beds
2 Baths
3,504 Sq Ft
$192/Sq Ft Est. Value

Last Sold February 15, 2019

Last sale price $332,000 $95 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $3,831/month

60 Days on Market

Highlights

  • 104 Feet of Waterfront
  • Lake Property
  • Balcony
  • Pier or Dock
  • Vaulted Ceiling
  • 2 Car Detached Garage

About This Home

As of February 2019

Rarely available 104ft water frontage on Lake Shafer's Keans Bay, a popular no-wake protected bay. Enjoy safe swimming and fishing from the large private covered docks. Ideally situated a short 3-minute no-wake ride to full-throttle on the main lake. Permanent electric lifts for a boat and 2 watercraft. Large deck spans waterfront. 5 bdrms+2 full baths. Vaulted Ceiling and Fireplace in Living Room. Beautiful lake views from spacious family room and 4 of the bedrooms. Plenty of inside and outside space for lakeside entertaining and water sports.

Last Agent to Sell the Property

Brian Waters

Mentor Listing Realty, Inc. Listed on: 12/17/2018

Last Buyer's Agent

Bart Hickman

REAL ESTATE NETWORK L.L.C

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,884

Year Built

  • Built in 1963

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 99x134
  • 104 Feet of Waterfront
  • Lake Front

Parking

  • 2 Car Detached Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Living Room with Fireplace
  • Water Views
  • Partially Finished Basement
  • Crawl Space
  • Breakfast Bar

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Seawall
  • Lake Property
  • Lake, Pond or Stream
  • Balcony

Utilities

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

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 91-73-09-000-012.500-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,884

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1963
  • Age: 56
  • Style: Two Story
  • Total Number of Rooms: 10
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: SHORE ACRES 1ST ADD LT 7 & LT 8
  • Parcel Number ID: 91-73-09-000-012.500-011
  • Platted: Yes
  • Amenities: Balcony, Breakfast Bar, Ceilings-Vaulted
  • Sp Lp Percent: 95.68
  • Special Features: None

Interior Features

  • Total Sq Ft: 4404
  • Total Finished Sq Ft: 3504
  • Above Grade Finished Sq Ft: 3504
  • Below Grade Sq Ft: 900
  • Price Per Sq Ft: 94.75
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, One
  • Fireplace: Yes
  • Living Great Room: Dimensions: 16x29, On Level: Main
  • Kitchen: Dimensions: 23x11, On Level: Main
  • Family Room: Dimensions: 29x13, On Level: Main
  • Bedroom 1: Dimensions: 13x25, On Level: Main
  • Bedroom 2: Dimensions: 10x10, On Level: Main
  • Bedroom 3: Dimensions: 24x20, On Level: Main
  • Bedroom 4: Dimensions: 8x11, On Level: Upper
  • Bedroom 5: Dimensions: 11x10, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 900

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None
  • Lake Type: Access to Ski Lake
  • Sea Wall Type: Steel
  • Water Features: Pier/Dock Available
  • Water Frontage: 104
  • Water Name: Lake Shafer

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x26
  • Garage Sq Ft: 624
  • Garage: Yes

Utilities

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

Schools

  • School District: Twin Lakes School Corp.
  • Elementary School: East Lawn
  • Middle School: Roosevelt
  • High School: Twin Lakes

Lot Info

  • Lot Description: Lake, Water View, Waterfront-Medium Bank
  • Lot Dimensions: 99x134
  • Estimated Lot Sq Ft: 13068
  • Estimated Lot Size Acres: 0.3

Tax Info

  • Annual Taxes: 2884

Multi Family

  • Water Access: Lakefront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2018
Closed on
Feb 15, 2019
Sold by
Cheever James B
Bought by
Gray Tina M
Seller's Agent
Brian Waters
Mentor Listing Realty, Inc.
Buyer's Agent
Bart Hickman
REAL ESTATE NETWORK L.L.C
List Price
$339,900
Sold Price
$332,000
Premium/Discount to List
-$7,900
-2.32%
Current Estimated Value
$659,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,915
Avg. Annual Appreciation
11.05%
Original Mortgage
$265,600
Outstanding Balance
$235,386
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$420,837

Purchase Details

Closed on
Oct 22, 2010
Sold by
Sharon A Malysa
Bought by
James B Cheever
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
Gray Tina M $332,000 Attorney Only
James B Cheever $305,000 White Co Abstract & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gray Tina M $265,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2019 02/15/19 Sold $332,000 -4.3% $95 / Sq Ft
01/02/2019 01/02/19 Price Changed $347,000 +2.1% $99 / Sq Ft
12/17/2018 12/17/18 For Sale $339,900 -- $97 / 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 $2,817 $534,800 $165,500 $369,300
2023 $2,468 $474,500 $165,500 $309,000
2022 $2,384 $421,400 $165,500 $255,900
2021 $2,188 $389,700 $165,500 $224,200
2020 $1,826 $331,800 $127,900 $203,900
2019 $3,203 $314,400 $127,900 $186,500
2018 $3,079 $307,500 $127,900 $179,600
2017 $2,884 $308,700 $127,900 $180,800
2016 $2,802 $309,000 $127,900 $181,100
2014 $2,739 $296,300 $112,900 $183,400
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2019

    Brian Waters

    Mentor Listing Realty, Inc.

    (214) 924-0450

    101 Total Sales

    Section Image
  • Bart Hickman

    Buyer's Agent in 2019

    Bart Hickman

    REAL ESTATE NETWORK L.L.C

    (574) 870-4269

    308 Total Sales

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Map

Source: Indiana Regional MLS

MLS Number: 201854179

Indiana Regional MLS

APN: 91-73-09-000-012.500-011

Indiana White County Monticello 47960

3508 N Shore Acres Ct, Monticello, IN

This home is located at 3508 N Shore Acres Ct, Monticello, IN 47960 since 17 December 2018 and is currently estimated at $673,119, approximately $192 per square foot. This property was built in 1963. 3508 N Shore Acres Ct is a home located in White County with nearby schools including Twin Lakes 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.

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