NOT LISTED FOR SALE

3902 N Lake Road 25 E Monticello, IN 47960

Estimated Value: $227,000 - $284,657

2 Beds
1 Bath
768 Sq Ft
$342/Sq Ft Est. Value

Last Sold November 02, 2018

Last sale price $72,000 $94 Per Sq Ft

Est. 265% increase in value since last sale

Current estimated payment $1,509/month

372 Days on Market

Highlights

  • 150 Feet of Waterfront
  • Lake Property
  • Partially Wooded Lot
  • Primary Bedroom Suite
  • Dock Rights
  • Patio

About This Home

As of November 2018

PRICE REDUCED !! 2 bedroom cottage with access to Main Lake Shafer & Kean's Bay. 3 total lots, plenty of room for outdoor activity. private dead-end road with low traffic. Has a furnace & wood stove. Shed included. Each of the 3 lots are on seperate parcel #'s. Easily parceled off for another building site if desired.

Last Agent to Sell the Property

Gregory Vogel

VOGEL REAL ESTATE Listed on: 10/15/2017

Last Buyer's Agent

Audra Lindstrand

Twin Lakes Real Estate, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,104

Year Built

  • Built in 1969

Lot Details

  • 0.36 Acre Lot
  • 150 Feet of Waterfront
  • Home fronts a canal
  • Creek or Stream
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

Home Design

  • Cabin
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 768 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Water Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • 1 Full Bathroom

Basement

  • Block Basement Construction
  • Crawl Space

Outdoor Features

  • Dock Rights
  • Lake Property
  • Patio

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Private Company Owned Well
  • Well

Community Details

  • $8 Other Monthly Fees

Listing and Financial Details

  • Assessor Parcel Number 91-73-09-000-003.100-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,104

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1969
  • Age: 49
  • Style: One Story
  • Architectural Style: Cabin/Cottage
  • Total Number of Rooms: 4
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Kean's Creek Subdivision lots 5,6,7
  • Parcel Number ID: 91-73-09-000-003.100-011
  • Platted: Yes
  • Amenities: Patio Open, Main Level Bedroom Suite
  • Location: Lake
  • Parcel Id2: 917309000003000011
  • Sp Lp Percent: 90.11
  • Special Features: None

Interior Features

  • Total Sq Ft: 768
  • Total Finished Sq Ft: 768
  • Above Grade Finished Sq Ft: 768
  • Price Per Sq Ft: 93.75
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Fireplace: Wood Burning Stove
  • Flooring: Vinyl
  • Living Great Room: Dimensions: 18x12, On Level: Main
  • Kitchen: Dimensions: 14x12, On Level: Main
  • Bedroom 1: Dimensions: 11x11, On Level: Main
  • Bedroom 2: Dimensions: 8x11, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: Shed, Dimensions: 8x12
  • Water Features: Boat Docking Rights
  • Water Frontage: 150
  • Water Name: Lake Shafer

Utilities

  • Cooling: Window
  • Heating Fuel: Forced Air
  • Sewer: Regional
  • Water Utilities: Well
  • Water Type: Creek
  • Well Type: Private

Condo/Co-op/Association

  • Other Fee Description: SFLECC
  • Other Fees Dollar: 100

Schools

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

Lot Info

  • Lot Description: Partially Wooded, Rolling, Slope, Waterfront, Lake, Water View, Waterfront-Medium Bank
  • Lot Dimensions: 50x96, 50x96, 50x120
  • Estimated Lot Sq Ft: 15594
  • Estimated Lot Size Acres: 0.358

Tax Info

  • Annual Taxes: 1104.34
  • Total Assessed Value: 118200

Multi Family

  • Water Access: Channel Front/Canal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2017
Closed on
Nov 2, 2018
Sold by
Earl Abshire and Earl Jana
Bought by
Bernhardt Krueger and Lombardo Catherine
Seller's Agent
Gregory Vogel
VOGEL REAL ESTATE
Buyer's Agent
Audra Lindstrand
Twin Lakes Real Estate, Inc
List Price
$79,900
Sold Price
$72,000
Premium/Discount to List
-$7,900
-9.89%
Current Estimated Value
$262,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,914
Avg. Annual Appreciation
20.45%
Source: Public Records

Range of Values:

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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
Bernhardt Krueger -- Columbia Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2018 11/02/18 Sold $72,000 -9.9% $94 / Sq Ft
10/22/2018 10/22/18 Pending -- -- --
10/16/2018 10/16/18 For Sale $79,900 +11.0% $104 / Sq Ft
10/16/2018 10/16/18 Off Market $72,000 -- --
07/19/2018 07/19/18 Price Changed $79,900 -27.3% $104 / Sq Ft
10/15/2017 10/15/17 For Sale $109,900 -- $143 / 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 $1,557 $157,400 $70,000 $87,400
2023 $1,446 $142,300 $70,000 $72,300
2022 $836 $81,000 $22,400 $58,600
2021 $802 $76,200 $22,400 $53,800
2020 $894 $69,100 $20,500 $48,600
2019 $698 $68,500 $25,100 $43,400
2018 $674 $67,300 $25,100 $42,200
2017 $627 $67,100 $25,100 $42,000
2016 $608 $67,100 $25,100 $42,000
2014 $665 $71,900 $29,600 $42,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201748105

Indiana Regional MLS

APN: 91-73-09-000-003.100-011