$378,000
SOLD MAR 5, 2025

3616 E Bailey Rd Monticello, IN 47960

2 Beds
2 Baths
1,456 Sq Ft
0.63 Acres

Recently Sold

$260 Per Sq Ft

3% Below List Price

273 Days on Market

Highlights

  • 50 Feet of Waterfront
  • 1-Story Property
  • Waterski or Wakeboard
  • Lake, Pond or Stream
  • Central Air

About This Home

As of March 2025

Welcome to one of the best locations on Lake Shafer, 3616 Bailey Rd. Situated within the peaceful waters of Big Monon Bay, only 5 minutes to the all sports main lake. This meticulously maintained 2 bed, 2 bath home features a walkout lakeside basement that can be a flex family room, wet bar, or third bedroom. On the main level, you're met with a spacious kitchen that leads into an oversized 15x21 great room with bay windows overlooking your water frontage. Fresh paint and updated fixtures highlight the interior. Exterior features include minimal stairs to your 50' of lake frontage, 3 large storage sheds for lake hobbies, freshly stained water-side deck and piers, permanent electric boathouse, and a jetski lift. This lake life opportunity comes with an extra .50 acre residential lot, perfect for additional storage, living space, or parking. All appliances stay, furnishings negotiable! Schedule to see your new slice of paradise today!

Last Agent to Sell the Property

Cody Miller

Raeco Realty Listed on: 06/05/2024

Last Buyer's Agent

Cody Miller

Raeco Realty Listed on: 06/05/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,434

Year Built

  • Built in 1950

Lot Details

  • 0.63 Acre Lot
  • 50 Feet of Waterfront
  • Lake Front

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Crawl Space

Outdoor Features

  • Waterski or Wakeboard
  • Lake, Pond or Stream

Schools

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

Utilities

  • Central Air
  • Shared Well
  • Well

Listing and Financial Details

  • Assessor Parcel Number 91-83-31-000-015.600-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,434

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1950
  • Style: One Story
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: GANOS CAMP SUB LOT 16 & ASH ACRE SUB; LT 5
  • Parcel Number ID: 91-83-31-000-015.600-013
  • Platted: Yes
  • Parcel Id2: 91-83-31-000-017.301-013
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1628
  • Total Finished Sq Ft: 1456
  • Above Grade Finished Sq Ft: 1116
  • Below Grade Finished Sq Ft: 340
  • Below Grade Sq Ft: 172
  • Basement: Yes
  • Basement Foundation: Crawl, Walk-Out Basement, Partially Finished
  • Living Great Room: Dimensions: 15x21, On Level: Main
  • Kitchen: Dimensions: 15x9, On Level: Main
  • Family Room: Dimensions: 20x17, On Level: Basement
  • Bedroom 1: Dimensions: 9x13, On Level: Main
  • Bedroom 2: Dimensions: 12x12, On Level: Main
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 512

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: Shed, Dimensions: 12x10
  • Lake Type: Ski Lake
  • Outbuilding2: Shed, Dimensions: 12x14, 168
  • Water Frontage: 50
  • Water Name: Lake Shafer

Utilities

  • Cooling: Central Air
  • Heating Fuel: Conventional
  • Sewer: Regional
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx5, On Level: 9
  • Water Type: Lake
  • Well Type: Shared

Schools

  • Elementary School: North White Primary

Lot Info

  • Lot Description: Waterfront
  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 27356
  • Estimated Lot Size Acres: 0.628

Tax Info

  • Annual Taxes: 2433.92

Multi Family

  • Water Access: Lakefront

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
Jun 18, 2018
Sold by
Leonard Geissendorfer and Leonard Sandra
Bought by
Andersen G R
Current Estimated Value
$354,954

Purchase Details

Listed on
Apr 18, 2015
Closed on
Aug 31, 2015
Sold by
Geissendorfer Leonard
Bought by
Andersen Gerald R and Andersen Bonnie M
Seller's Agent
Victoria Clarke
Koppelmann Real Estate
Buyer's Agent
Victoria Clarke
Koppelmann Real Estate
List Price
$218,000
Sold Price
$202,500
Premium/Discount to List
-$15,500
-7.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.61%
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 Type Sale Price Title Company
Grant Deed -- White Cnty Title Co
Deed $202,500 White County Abstract & Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/05/2025 03/05/25 Sold $378,000 -3.1% $260 / Sq Ft
02/03/2025 02/03/25 For Sale $389,900 +3.1% $268 / Sq Ft
01/26/2025 01/26/25 Off Market $378,000 -- --
11/25/2024 11/25/24 For Sale $389,900 +3.1% $268 / Sq Ft
11/12/2024 11/12/24 Off Market $378,000 -- --
08/14/2024 08/14/24 Price Changed $389,900 -2.5% $268 / Sq Ft
07/16/2024 07/16/24 Price Changed $399,900 -2.4% $275 / Sq Ft
06/28/2024 06/28/24 Price Changed $409,900 -4.7% $282 / Sq Ft
06/05/2024 06/05/24 For Sale $429,900 +112.3% $295 / Sq Ft
08/31/2015 08/31/15 Sold $202,500 -7.1% $148 / Sq Ft View Prior Sale
08/20/2015 08/20/15 Pending -- -- --
04/18/2015 04/18/15 For Sale $218,000 -- $160 / 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 $2,430 $261,600 $85,400 $176,200
2023 $2,434 $246,000 $85,400 $160,600
2022 $2,172 $202,200 $85,400 $116,800
2021 $2,100 $189,700 $85,400 $104,300
2020 $1,921 $151,000 $56,700 $94,300
2019 $1,817 $147,000 $52,700 $94,300
2018 $1,700 $140,400 $52,700 $87,700
2017 $1,779 $139,100 $52,700 $86,400
2016 $1,598 $135,700 $52,700 $83,000
2014 $1,369 $126,400 $48,600 $77,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202420352

Indiana Regional MLS

APN: 91-83-31-000-015.600-013