NOT LISTED FOR SALE

3644 E Bailey Rd Monticello, IN 47960

Estimated Value: $290,000 - $362,000

2 Beds
1 Bath
1,000 Sq Ft
$329/Sq Ft Est. Value

Last Sold October 25, 2016

Last sale price $154,400 $154 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $1,873/month

64 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Lake Property
  • Central Air
  • Pier or Dock
  • Ranch Style House
  • Waterski or Wakeboard

About This Home

As of October 2016

This lake home is priced to sell and will not last long, so don't let it slip away. This impeccably maintained Lake Shafer cottage is move in ready and needs virtually nothing. It boasts a brand new retaining wall with matching stairs, open concept, large kitchen, and great lake views from inside and out of the home. This is also a lower bank property with minimal stairs. If you've been searching for a lake home with out all the hassles of a fixer upper that won't break the bank, this is the one for you. Also an added bonus the pontoon boat along with the boat lift are part of the sale.

Last Agent to Sell the Property

Ryan Clemons

Redlow Group Listed on: 08/09/2016

Last Buyer's Agent

Carol Disosway

REAL ESTATE NETWORK L.L.C

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,314

Year Built

  • Built in 1975

Lot Details

  • 5,924 Sq Ft Lot
  • Lot Dimensions are 50x110
  • 50 Feet of Waterfront
  • Lake Front

Home Design

  • Ranch Style House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Block Basement Construction
  • Crawl Space

Outdoor Features

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

Utilities

  • Central Air
  • Shared Well
  • Well

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 91-83-31-000-022.200-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,314

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1975
  • Age: 41
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 6
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: GANOS CAMP 2ND LOT 21 & PT LOT 20
  • Parcel Number ID: 91-83-31-000-022.200-013
  • Platted: Yes
  • Sp Lp Percent: 99.68
  • Special Features: None

Interior Features

  • Total Sq Ft: 1000
  • Total Finished Sq Ft: 1000
  • Above Grade Finished Sq Ft: 1000
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Living Great Room: Dimensions: 13x26
  • Kitchen: Dimensions: 12x12
  • Bedroom 1: Dimensions: 12x13, On Level: Main
  • Bedroom 2: Dimensions: 12x13, On Level: Main
  • Main Level Sq Ft: 1000
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Aluminum
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Water Features: Pier/Dock
  • Water Frontage: 50
  • Water Name: Lake Shafer

Utilities

  • Cooling: Central Air
  • Heating Fuel: Conventional
  • Sewer: Regional
  • Water Utilities: Well
  • Laundry: Dimensions: 6xMain, On Level: 9
  • Water Type: Lake
  • Well Type: Shared

Schools

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

Lot Info

  • Lot Description: Lake
  • Lot Dimensions: 50x110
  • Estimated Lot Sq Ft: 5924
  • Estimated Lot Size Acres: 0.136

Tax Info

  • Annual Taxes: 1313.94

Multi Family

  • Water Access: Lakefront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2016
Closed on
Oct 26, 2016
Sold by
Benak Joseph J
Bought by
Lucas Michael and Lucas Danielle Smith
Seller's Agent
Ryan Clemons
Redlow Group
Buyer's Agent
Carol Disosway
REAL ESTATE NETWORK L.L.C
List Price
$154,900
Sold Price
$154,400
Premium/Discount to List
-$500
-0.32%
Current Estimated Value
$311,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,780
Avg. Annual Appreciation
8.04%

Purchase Details

Listed on
May 11, 2012
Closed on
Aug 3, 2012
Sold by
Daetwiler Justine R
Bought by
Benak Joseph J and Macak Christine A
Seller's Agent
Bart Hickman
REAL ESTATE NETWORK L.L.C
List Price
$113,000
Sold Price
$113,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.66%
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
Lucas Michael $154,400 Whtie County Abstract & Title
Benak Joseph J $113,000 Indiana Abstract
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2016 10/25/16 Sold $154,400 -0.3% $154 / Sq Ft
10/12/2016 10/12/16 Pending -- -- --
08/09/2016 08/09/16 For Sale $154,900 +37.1% $155 / Sq Ft
08/03/2012 08/03/12 Sold $113,000 0.0% $113 / Sq Ft
07/19/2012 07/19/12 Pending -- -- --
05/11/2012 05/11/12 For Sale $113,000 -- $113 / 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 $2,128 $229,100 $90,700 $138,400
2023 $2,143 $216,600 $90,700 $125,900
2022 $1,953 $181,800 $90,700 $91,100
2021 $1,902 $171,800 $90,700 $81,100
2020 $1,529 $120,200 $48,200 $72,000
2019 $1,442 $116,700 $44,700 $72,000
2018 $1,349 $111,400 $44,700 $66,700
2017 $1,413 $110,500 $44,700 $65,800
2016 $1,302 $110,500 $44,700 $65,800
2014 $1,116 $103,100 $41,300 $61,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201637403

Indiana Regional MLS

APN: 91-83-31-000-022.200-013