NOT LISTED FOR SALE

404 E Terrace Bay Ct Monticello, IN 47960

Estimated Value: $451,000 - $866,000

4 Beds
3.5 Baths
2,700 Sq Ft
$268/Sq Ft Est. Value

Last Sold September 14, 2018

Last sale price $403,000 $149 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $4,347/month

217 Days on Market

Highlights

  • 138 Feet of Waterfront
  • Indoor Pool
  • 2 Fireplaces
  • Pier or Dock
  • Lake Property
  • 3 Car Attached Garage

About This Home

As of September 2018

Beautiful home and Location on main Lake Freeman. You don't want to miss the opportunity to own this freshly remodel home on the lake! This open concept home has it all with two bedrooms 1.5 bath on main floor and 2 bedrooms 2 full baths upstairs. Room for all the family to come and enjoy the lake! Don't forget about enjoying the beautiful pool under the stairs in the summer while over looking the lake!! Offers a 3 car garage for all your cars and storage! Also the full basement that could be finished to your likings for even more entertaining! CHECK OUT THE 3D VIRTUAL TOUR!! This is a MOTIVATED seller. Bring your offer!

Last Agent to Sell the Property

Michael Sims

Redlow Group Listed on: 02/05/2018

Last Buyer's Agent

Sandy Hatcher

Coldwell Banker Real Estate Group

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,632

Year Built

  • Built in 1963

Lot Details

  • 0.69 Acre Lot
  • Lot Dimensions are 138x219
  • 138 Feet of Waterfront
  • Lake Front

Parking

  • 3 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • 2 Fireplaces

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • Block Basement Construction

Outdoor Features

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well

Community Details

  • Pier or Dock
  • Community Pool

Listing and Financial Details

  • Assessor Parcel Number 91-63-09-000-012.600-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,632

Year Built

Built in 1963

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1963
  • Style: Two Story
  • Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Legal Description: TERRACE BAY SUB LOTS 6 & PART LOT 7 |
  • Parcel Number ID: 91-63-09-000-012.600-020
  • Platted: Yes
  • Special Features: None

Interior Features

  • Total Sq Ft: 3040
  • Total Finished Sq Ft: 2700
  • Above Grade Finished Sq Ft: 2700
  • Below Grade Sq Ft: 340
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block
  • Number Of Fireplaces: 2
  • Fireplace: Family Rm, Basement
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Tile
  • Living Great Room: Dimensions: 19x18, On Level: Main
  • Kitchen: Dimensions: 9x12, On Level: Main
  • Dining Room: Dimensions: 9x12, On Level: Main
  • Family Room: Dimensions: 11x17, On Level: Main
  • Bedroom 1: Dimensions: 15x11, On Level: Main
  • Bedroom 2: Dimensions: 10x12, On Level: Main
  • Bedroom 3: Dimensions: 18x13, On Level: Upper
  • Bedroom 4: Dimensions: 15x11, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 340

Exterior Features

  • Exterior: Brick
  • Outbuilding1: None
  • Pool: Indoor
  • Pool: Yes
  • Lake Type: Ski Lake
  • Water Features: Pier/Dock
  • Water Frontage: 138
  • Water Name: Lake Freeman

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 19x36
  • Garage: Yes

Utilities

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

Lot Info

  • Lot Description: Lake, Waterfront-Medium Bank
  • Lot Dimensions: 138x219
  • Estimated Lot Sq Ft: 30187
  • Estimated Lot Size Acres: 0.693

Tax Info

  • Annual Taxes: 1632

Multi Family

  • Water Access: Lakefront

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2018
Closed on
Sep 14, 2018
Sold by
Leman Jerod L and Leman Mary H
Bought by
Ege Katherine
Seller's Agent
Michael Sims
Redlow Group
Buyer's Agent
Sandy Hatcher
Coldwell Banker Real Estate Group
List Price
$439,900
Sold Price
$403,000
Premium/Discount to List
-$36,900
-8.39%
Current Estimated Value
$722,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$319,926
Avg. Annual Appreciation
8.54%
Original Mortgage
$362,700
Outstanding Balance
$315,644
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$407,282

Purchase Details

Listed on
Jun 12, 2014
Closed on
Oct 23, 2014
Sold by
Donald L Griesey Revocable Living Trust
Bought by
Leman Jarod L and Leman Mary H
Seller's Agent
Phil Vogel, Cai, Gri, Brk/Auct
Vogel Auctions LLC
Buyer's Agent
Lawrence Moser
Twin Lakes Real Estate, Inc
List Price
$285,500
Sold Price
$285,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.24%
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
Ege Katherine $453,375 Columbia Title
Leman Jarod L $285,500 White County Abstract & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ege Katherine $362,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/14/2018 09/14/18 Sold $403,000 -8.4% $149 / Sq Ft
09/10/2018 09/10/18 Pending -- -- --
09/07/2018 09/07/18 For Sale $439,900 +9.2% $163 / Sq Ft
09/01/2018 09/01/18 Off Market $403,000 -- --
02/05/2018 02/05/18 For Sale $439,900 +54.1% $163 / Sq Ft
10/23/2014 10/23/14 Sold $285,500 0.0% $94 / Sq Ft View Prior Sale
10/20/2014 10/20/14 Pending -- -- --
06/12/2014 06/12/14 For Sale $285,500 -- $94 / 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 $6,532 $857,700 $140,700 $717,000
2023 $4,650 $739,700 $140,700 $599,000
2022 $4,196 $620,300 $140,700 $479,600
2021 $3,822 $556,100 $140,700 $415,400
2020 $2,436 $382,100 $140,700 $241,400
2019 $2,227 $367,900 $130,600 $237,300
2018 $1,835 $316,600 $130,600 $186,000
2017 $3,320 $314,600 $130,600 $184,000
2016 $2,803 $370,600 $186,600 $184,000
2014 $1,632 $334,200 $114,500 $219,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201804068

Indiana Regional MLS

APN: 91-63-09-000-012.600-020