NOT LISTED FOR SALE

3957 N Cottage Place Monticello, IN 47960

Estimated Value: $254,000 - $296,000

3 Beds
2 Baths
1,036 Sq Ft
$267/Sq Ft Est. Value

Last Sold May 19, 2023

Last sale price $235,000 $227 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,571/month

96 Days on Market

Highlights

  • 10 Feet of Waterfront
  • Lake Property
  • Covered patio or porch
  • Boat Dock
  • Ranch Style House
  • 2 Car Detached Garage

About This Home

As of May 2023

This cute cottage has 3 bedrooms, 2 baths, and is a great and affordable way to get on Lake Shafer! The easement is a short walk away and you can see the waterfront from the cottage. You have your own boat lift, there is a quiet area for swimming, and a fire pit and tables at the lakefront common area. The home boasts newer vinyl siding, windows, and doors. There is a 2 car garage with drive-through doors and paved parking. The $600/yr HOA covers your water, trash, SFLECC fee, and common area maintenance. Don't miss this one!

Last Agent to Sell the Property

Christine Thayer

REAL ESTATE NETWORK L.L.C Listed on: 02/08/2023

Last Buyer's Agent

Christine Thayer

REAL ESTATE NETWORK L.L.C Listed on: 02/08/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $482

Year Built

  • Built in 1930

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 70x115
  • 10 Feet of Waterfront
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Slab Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,036 Sq Ft Home
  • Water Views
  • Crawl Space
  • Home Security System
  • Breakfast Bar

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Waterski or Wakeboard
  • Lake Property
  • Lake, Pond or Stream
  • Covered patio or porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Well
  • Community Well

Listing and Financial Details

  • Assessor Parcel Number 91-73-08-000-002.700-011

Community Details

Overview

  • Beck Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$482

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1930
  • Age: 93
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: BECKS SUB DIV LOT 9 & 1/11 TRACT C & 1/12 TRACT A & 1/11 PT LT 11
  • Parcel Number ID: 91-73-08-000-002.700-011
  • Platted: Yes
  • Amenities: Alarm System-Security, Breakfast Bar, Patio Open, Porch Covered
  • Location: Lake
  • Sp Lp Percent: 95.96
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1036
  • Total Finished Sq Ft: 1036
  • Above Grade Finished Sq Ft: 1036
  • Price Per Sq Ft: 226.83
  • Basement Foundation: Crawl, Slab
  • Flooring: Carpet, Laminate
  • Living Great Room: Dimensions: 14x11, On Level: Main
  • Kitchen: Dimensions: 15x12, On Level: Main
  • Bedroom 1: Dimensions: 19x9, On Level: Main
  • Bedroom 2: Dimensions: 19x9, On Level: Main
  • Bedroom 3: Dimensions: 10x7, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Water Frontage: 10
  • Water Name: Lake Shafer

Garage/Parking

  • Driveway: Asphalt
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 26x22
  • Garage Sq Ft: 572
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Baseboard, Forced Air, Other Heating System
  • Sewer: Regional
  • Water Utilities: Well
  • Electric Company: REMC
  • Water Type: Lake
  • Well Type: Community

Condo/Co-op/Association

  • Common Amenities: Dock

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: Level, Water View
  • Lot Dimensions: 70X115
  • Estimated Lot Sq Ft: 10890
  • Estimated Lot Size Acres: 0.25
  • Lot Number: 9

Tax Info

  • Annual Taxes: 482.36
  • Exemptions: Homestead, Mortgage

Multi Family

  • Water Access: Easement/Other

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
Feb 8, 2023
Closed on
May 19, 2023
Sold by
Lanoue Douglas R and Lanoue Sandra L
Bought by
Burbrige Terrence W
Seller's Agent
Christine Thayer
REAL ESTATE NETWORK L.L.C
Buyer's Agent
Christine Thayer
REAL ESTATE NETWORK L.L.C
List Price
$254,900
Sold Price
$235,000
Premium/Discount to List
-$19,900
-7.81%
Views
244
Current Estimated Value
$262,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,689
Avg. Annual Appreciation
4.44%

Purchase Details

Closed on
Jul 20, 2021
Sold by
Fine Arthur B and Fine Ruth
Bought by
Lanoue Sandra L

Purchase Details

Closed on
Sep 24, 2012
Sold by
Rovin Dawn K
Bought by
Fine Arthur B and Fine Ruth
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
Burbrige Terrence W $235,000 Jasper County Abstract Company
Lanoue Sandra L $150,000 Jasper County Abstract Company
Fine Arthur B $123,000 Indiana Abstract
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2023 05/19/23 Sold $235,000 -4.0% $227 / Sq Ft
05/15/2023 05/15/23 Pending -- -- --
03/28/2023 03/28/23 Price Changed $244,900 -3.9% $236 / Sq Ft
02/08/2023 02/08/23 For Sale $254,900 -- $246 / 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 $1,597 $161,400 $49,400 $112,000
2023 $484 $133,400 $49,400 $84,000
2022 $482 $126,200 $49,400 $76,800
2021 $8 $110,800 $49,400 $61,400
2020 $806 $91,500 $36,700 $54,800
2019 $806 $87,200 $36,700 $50,500
2018 $0 $87,600 $36,700 $50,900
2017 $0 $87,500 $36,700 $50,800
2016 $806 $87,500 $36,700 $50,800
2014 $1,103 $119,300 $73,400 $45,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202303869

Indiana Regional MLS

APN: 91-73-08-000-002.700-011