NOT LISTED FOR SALE

3826 E Bailey Rd Monticello, IN 47960

Estimated Value: $262,000 - $325,000

2 Beds
1 Bath
520 Sq Ft
$570/Sq Ft Est. Value

Last Sold May 20, 2015

Last sale price $30,712 $59 Per Sq Ft

Est. 865% increase in value since last sale

Current estimated payment $1,731/month

107 Days on Market

Highlights

  • 50 Feet of Waterfront
  • 1-Story Property
  • Waterski or Wakeboard
  • Lake Property
  • Central Air
  • Cabin

About This Home

As of May 2015

Cottage property on Shafer Lake, 2 bedroom 1 bath home.

Last Agent to Sell the Property

Steve Holmes

Holmes BPO Services LLC Listed on: 12/20/2014

Last Buyer's Agent

Steve Holmes

Holmes BPO Services LLC Listed on: 12/20/2014

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1969

Lot Details

  • 3,485 Sq Ft Lot
  • 50 Feet of Waterfront
  • Lake Front
  • Rural Setting

Home Design

  • Cabin
  • Slab Foundation
  • Asphalt Roof
  • Composite Building Materials
  • Vinyl Construction Material

Interior Spaces

  • 520 Sq Ft Home
  • 1-Story Property
  • Water Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

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

Utilities

  • Central Air
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well

Listing and Financial Details

  • Assessor Parcel Number 91-83-31-000-028.501-013

Home Details

Home Type

Single Family

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1969
  • Age: 46
  • Style: One Story
  • Architectural Style: Cabin/Cottage
  • Total Number of Rooms: 5
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Out E Se 31-28-03 .08
  • Parcel Number ID: 91-83-31-000-028.501-013
  • Platted: Yes
  • Location: Rural
  • Sp Lp Percent: 73.76
  • Special Features: None

Interior Features

  • Total Sq Ft: 520
  • Total Finished Sq Ft: 520
  • Above Grade Finished Sq Ft: 520
  • Basement Foundation: Slab
  • Bedroom 1: Dimensions: 10x10, On Level: Main
  • Bedroom 2: Dimensions: 10x11, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Composite
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Water Frontage: 50
  • Water Name: Lake Shafer

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: Public
  • Water Utilities: Well
  • Water Type: Lake
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Waterfront, Lake, Water View
  • Lot Dimensions: irr
  • Estimated Lot Sq Ft: 3485
  • Estimated Lot Size Acres: 0.08

Tax Info

  • Annual Taxes: 892.58

Multi Family

  • Water Access: Lakefront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2014
Closed on
Apr 13, 2015
Sold by
Deutsche Bank Trust Company Americas
Bought by
Buditt Kippy K and Burditt Carrie A
Seller's Agent
Steve Holmes
Holmes BPO Services LLC
Buyer's Agent
Steve Holmes
Holmes BPO Services LLC
List Price
$46,640
Sold Price
$30,712
Premium/Discount to List
-$15,928
-34.15%
Current Estimated Value
$296,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,630

Purchase Details

Closed on
Aug 12, 2014
Sold by
Shafer Patrick Sheriff
Bought by
Deutsche Bank Trust Company
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
Buditt Kippy K $29,100 Premium Title Services Inc
Deutsche Bank Trust Company $52,600 Mercer Belanger
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2015 05/20/15 Sold $30,712 -34.2% $59 / Sq Ft
04/06/2015 04/06/15 Pending -- -- --
12/20/2014 12/20/14 For Sale $46,640 -- $90 / 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 $1,827 $196,700 $87,300 $109,400
2023 $1,834 $185,400 $87,300 $98,100
2022 $1,700 $158,200 $87,300 $70,900
2021 $1,666 $150,500 $87,300 $63,200
2020 $1,534 $120,600 $64,500 $56,100
2019 $1,429 $115,600 $59,500 $56,100
2018 $1,355 $111,900 $59,500 $52,400
2017 $1,380 $107,900 $59,500 $48,400
2016 $899 $76,300 $53,200 $23,100
2014 $969 $70,200 $48,800 $21,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201453807

Indiana Regional MLS

APN: 91-83-31-000-028.501-013