$442,000
SOLD MAY 30, 2025

3824 E Bailey Rd Monticello, IN 47960

4 Beds
2 Baths
1,540 Sq Ft
0.4 Acres

Recently Sold

$287 Per Sq Ft

8 Days on Market

Highlights

  • 60 Feet of Waterfront
  • Primary Bedroom Suite
  • 2 Car Detached Garage
  • Pier or Dock
  • Lake Property
  • Built-in Bookshelves

About This Home

As of May 2025

Beautiful Big Monon Views! This move-in ready 4-bedroom, 2-bath home offers stunning waterfront living just minutes from Lake Shafer. Enjoy breathtaking views from the large wood deck or relax in the bright, inviting sunroom. The property is perfectly equipped for lake life with a steel seawall, piers, and boat lifts already in place. Inside, you'll find spacious bedrooms and well-maintained living areas, perfect for family and guests. A detached garage provides plenty of storage for vehicles and lake toys. Whether you're looking for a year-round residence or a weekend getaway, this home delivers comfort, convenience, and unbeatable views. Don't miss your chance to own a piece of Big Monon paradise!

Last Agent to Sell the Property

John Koppelmann

Koppelmann Real Estate Brokerage Phone: 574-583-3171 Listed on: 04/21/2025

Last Buyer's Agent

Sean Dekker

REAL ESTATE NETWORK L.L.C

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,613

Year Built

  • Built in 1950

Lot Details

  • 0.4 Acre Lot
  • 60 Feet of Waterfront
  • Lake Front
  • Chain Link Fence
  • Property is zoned L-1 Lake District

Parking

  • 2 Car Detached Garage
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Cabin
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,540 Sq Ft Home
  • 1-Story Property
  • Built-in Bookshelves
  • Ceiling Fan
  • Entrance Foyer
  • Home Security System
  • Laundry on main level

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Basement

  • Block Basement Construction
  • Crawl Space

Outdoor Features

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

Schools

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

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 91-83-31-000-028.500-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,613

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1950
  • Style: One Story
  • Architectural Style: Cabin/Cottage
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: OUT E SE 31-28-03 .40
  • Parcel Number ID: 91-83-31-000-028.500-013
  • Platted: Yes
  • Amenities: Alarm System-Security, Built-In Bookcase, Ceiling Fan(s), Deck Open, Deck on Waterfront, Foyer Entry, Main Level Bedroom Suite, Main Floor Laundry
  • Location: Lake
  • Zoning Description: Residential
  • County Zoning: L-1 Lake District
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1540
  • Total Finished Sq Ft: 1540
  • Above Grade Finished Sq Ft: 1540
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Flooring: Laminate, Vinyl
  • Living Great Room: Dimensions: 24x20, On Level: Main
  • Kitchen: Dimensions: 13x11, On Level: Main
  • Bedroom 1: Dimensions: 14x12, On Level: Main
  • Bedroom 2: Dimensions: 11x11, On Level: Main
  • Bedroom 3: Dimensions: 10x10, On Level: Main
  • Bedroom 4: Dimensions: 11x8, On Level: Main
  • Other Room1: Sunroom, Dimensions: 9x9, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: Shed, Dimensions: 12x8
  • Fence: Chain Link
  • Lake Type: Ski Lake
  • Sea Wall Type: Steel
  • Water Features: Pier/Dock
  • Water Frontage: 60
  • Water Name: Lake Shafer

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 22x20
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

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

Schools

  • Elementary School: North White Primary

Lot Info

  • Lot Description: Waterfront, Lake, Waterfront-Medium Bank
  • Lot Dimensions: 0.400 ac
  • Estimated Lot Sq Ft: 17424
  • Estimated Lot Size Acres: 0.4

Tax Info

  • Annual Taxes: 2613

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

Listed on
Oct 19, 2012
Closed on
Mar 29, 2013
Sold by
Federal Home Loan National Mortgage Corp
Bought by
West Lynn Carol Cousert
Seller's Agent
Gregory Vogel, Crs, Gri, Brk
VOGEL REAL ESTATE
Buyer's Agent
Phil Vogel, Cai, Gri, Brk/Auct
Vogel Auctions LLC
List Price
$84,500
Sold Price
$84,500
Current Estimated Value
$442,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$357,804
Avg. Annual Appreciation
13.83%

Purchase Details

Closed on
Sep 11, 2012
Sold by
Shafer Patrick E Sheriff
Bought by
Federal Home Loan Mortgage Corporation
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
Deed $84,500 Statewide Title Company Inc
Sheriffs Deed $111,600 Feiwell & Hannoy
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/30/2025 05/30/25 Sold $442,000 +0.5% $287 / Sq Ft
04/29/2025 04/29/25 Pending -- -- --
04/21/2025 04/21/25 For Sale $440,000 +420.7% $286 / Sq Ft
03/29/2013 03/29/13 Sold $84,500 0.0% $55 / Sq Ft View Prior Sale
03/29/2013 03/29/13 Pending -- -- --
10/19/2012 10/19/12 For Sale $84,500 -- $55 / 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 $2,612 $281,200 $96,600 $184,600
2023 $2,622 $265,000 $96,600 $168,400
2022 $2,367 $220,300 $96,600 $123,700
2021 $2,224 $200,900 $96,600 $104,300
2020 $2,132 $167,600 $71,400 $96,200
2019 $2,003 $162,100 $65,900 $96,200
2018 $1,884 $155,600 $65,900 $89,700
2017 $1,983 $155,000 $65,900 $89,100
2016 $1,830 $155,400 $65,900 $89,500
2014 $1,577 $145,600 $60,400 $85,200
Source: Public Records

Agents Affiliated with this Home

  • John Koppelmann

    Seller's Agent in 2025

    John Koppelmann

    Koppelmann Real Estate

    (574) 870-0688

    84 Total Sales

    John Koppelmann
    Section Image
  • Sean Dekker

    Buyer's Agent in 2025

    Sean Dekker

    REAL ESTATE NETWORK L.L.C

    (765) 363-0899

    147 Total Sales

    Sean Dekker
    Section Image

  • G

    Seller's Agent in 2013

    Gregory Vogel, Crs, Gri, Brk

    VOGEL REAL ESTATE

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202514006

Indiana Regional MLS

APN: 91-83-31-000-028.500-013

Indiana White County Monticello 47960

3824 E Bailey Rd, Monticello, IN

Sold

Detached

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