NOT LISTED FOR SALE

3908 E Bailey Rd Monticello, IN 47960

Estimated Value: $250,000 - $374,000

2 Beds
1 Bath
768 Sq Ft
$413/Sq Ft Est. Value

Last Sold September 30, 2019

Last sale price $135,000 $176 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $1,915/month

78 Days on Market

Highlights

  • 80 Feet of Waterfront
  • Lake Property
  • Backs to Open Ground
  • Open Floorplan
  • Wooded Lot
  • 1-Story Property

About This Home

As of September 2019

A rare find on beautiful Lake Shafer's Big Monon Bay. This cottage sets on nearly 1 acre with a park like setting & has phenomenal lake views. Perfect fisherman's cottage, affordable getaway, or start new and build your dream cottage or lake home. The cottage offers 2 beds, 1 bath, 768 sqft, & a storage shed. Roof on cottage was put on in 2016. Almost an acre on the lake is a rare find. You can change a house, but you can't change the land it sets on. This is a one of a kind opportunity to enjoy the lake!

Last Agent to Sell the Property

Bart Hickman

REAL ESTATE NETWORK L.L.C Listed on: 07/02/2019

Last Buyer's Agent

Bart Hickman

REAL ESTATE NETWORK L.L.C Listed on: 07/02/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,671

Year Built

  • Built in 1971

Lot Details

  • 0.9 Acre Lot
  • Lot Dimensions are 80x508
  • 80 Feet of Waterfront
  • Lake Front
  • Backs to Open Ground
  • Rural Setting
  • Wooded Lot
  • Property is zoned L-1 Lake District

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 768 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vinyl Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

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

Schools

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

Utilities

  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Private Company Owned Well
  • Well

Listing and Financial Details

  • Assessor Parcel Number 91-83-31-000-023.300-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,671

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1971
  • Age: 48
  • Style: One Story
  • Total Number of Rooms: 3
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Out E SE 31-28-03 .90
  • Parcel Number ID: 91-83-31-000-023.300-013
  • Platted: Yes
  • Amenities: Open Floor Plan
  • Location: Rural
  • Sp Lp Percent: 100
  • County Zoning: L-1 Lake District
  • Year Taxes Payable: 2019
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 768
  • Total Finished Sq Ft: 768
  • Above Grade Finished Sq Ft: 768
  • Price Per Sq Ft: 175.78
  • Basement Foundation: Crawl
  • Flooring: Vinyl
  • Living Great Room: Dimensions: 12x13, On Level: Main
  • Kitchen: Dimensions: 9x11, On Level: Main
  • Bedroom 1: Dimensions: 10x12, On Level: Main
  • Bedroom 2: Dimensions: 10x11, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Wood
  • Roof Material: Shingle
  • Outbuilding1: Shed, Dimensions: 10x18
  • Channel Canal Frontage: 80
  • Lake Type: Ski Lake
  • Water Frontage: 80
  • Water Name: Lake Shafer

Utilities

  • Heating Fuel: Gas, Wall Heater
  • Sewer: Regional
  • Water Utilities: Well
  • Water Type: Lake
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Lake, Wooded
  • Lot Dimensions: 80x508
  • Estimated Lot Sq Ft: 39204
  • Estimated Lot Size Acres: 0.9

Tax Info

  • Annual Taxes: 1671.18

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
Jul 2, 2019
Closed on
Sep 26, 2019
Sold by
Lukas Arthur J and Lukas Mary L
Bought by
Christopher Laszlo A
Seller's Agent
Bart Hickman
REAL ESTATE NETWORK L.L.C
Buyer's Agent
Bart Hickman
REAL ESTATE NETWORK L.L.C
List Price
$135,000
Sold Price
$135,000
Current Estimated Value
$317,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,281
Avg. Annual Appreciation
13.58%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Christopher Laszlo A -- Simplifile Lc E-Recording
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2019 09/30/19 Sold $135,000 0.0% $176 / Sq Ft
09/18/2019 09/18/19 Pending -- -- --
07/02/2019 07/02/19 For Sale $135,000 -- $176 / 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 $2,228 $239,800 $165,500 $74,300
2023 $2,296 $232,100 $165,500 $66,600
2022 $2,296 $213,700 $165,500 $48,200
2021 $2,305 $208,200 $165,500 $42,700
2020 $1,885 $148,200 $109,800 $38,400
2019 $1,741 $140,900 $101,900 $39,000
2018 $1,671 $138,000 $101,900 $36,100
2017 $1,763 $137,800 $101,900 $35,900
2016 $1,759 $149,300 $113,300 $36,000
2014 $1,493 $137,900 $104,500 $33,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201927808

Indiana Regional MLS

APN: 91-83-31-000-023.300-013