NOT LISTED FOR SALE

4258 E 400 N Monticello, IN 47960

Estimated Value: $129,914 - $204,000

4 Beds
2 Baths
1,344 Sq Ft
$129/Sq Ft Est. Value

Last Sold September 25, 2020

Last sale price $254,000 $189 Per Sq Ft

Est. 32% decrease in value since last sale

Current estimated payment $979/month

152 Days on Market

Highlights

  • 38 Feet of Waterfront
  • Lake Property
  • 1.5 Car Detached Garage
  • Pier or Dock
  • Screened Porch
  • Ceiling Fan

About This Home

As of September 2020

TWO TOO CUTE NOT TO VIEW! You can't beat this "2 for 1" opportunity on Main Lake Shafer which offers both the 2 bed / 1 bath main home and a 2nd charming 2 bed, 1 bath guest cottage, each with their own screened-in porches to enjoy the Spring/Summer/Fall seasons! Both homes are located on a lake level lot which also features a 1.5 car garage, an 18 x 11 storage bldg, ample parking and a concrete seawall. Main house also features a laundry room, water-view patio, and a covered back patio space that can be used as a boat/car-port space or simply for additional storage for your outdoor gear. Pier, dock, boat & jet-ski lifts included. This is a "2 for 1" of lake fun you don't want to miss out on!

Last Agent to Sell the Property

Sean Dekker

REAL ESTATE NETWORK L.L.C Listed on: 04/23/2020

Last Buyer's Agent

Lawrence Moser

Twin Lakes Real Estate, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,188

Year Built

  • Built in 1955

Lot Details

  • 0.3 Acre Lot
  • 38 Feet of Waterfront
  • Lake Front
  • Level Lot

Parking

  • 1.5 Car Detached Garage
  • Gravel Driveway

Home Design

  • Cabin
  • Slab Foundation
  • Shingle Roof
  • Rubber Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,344 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Screened Porch
  • Water Views
  • Crawl Space
  • Laundry on main level

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Sun Deck
  • Waterski or Wakeboard
  • Seawall
  • Lake Property
  • Lake, Pond or Stream
  • Patio

Schools

  • Oaklawn Elementary School
  • Roosevelt Middle School
  • Twin Lakes High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Private Company Owned Well
  • Well

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 91-73-08-000-009.500-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,188

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1955
  • Age: 65
  • Style: One and Half Story
  • Architectural Style: Cabin/Cottage
  • Total Number of Rooms: 8
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: OUT N NW 08-27-03 .22 STRIP OUT OF N/E 08-27-03 .07 30'X119' N NW & OUT N NW 08-27-03 .01 ACRE
  • Parcel Number ID: 91-73-08-000-009.500-011
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Deck on Waterfront, Patio Open, Porch Covered, Porch Screened, Main Floor Laundry
  • Location: Lake
  • Parcel Id2: 917308000015000011
  • Sp Lp Percent: 97.73
  • Year Taxes Payable: 2019 pay 2020
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1344
  • Total Finished Sq Ft: 1344
  • Above Grade Finished Sq Ft: 1344
  • Price Per Sq Ft: 188.99
  • Basement Foundation: Crawl, Slab
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 23x15, On Level: Main
  • Kitchen: Dimensions: 17x10, On Level: Main
  • Bedroom 1: Dimensions: 17x13, On Level: Upper
  • Bedroom 2: Dimensions: 8x9, On Level: Main
  • Bedroom 3: Dimensions: 10x12, On Level: Main
  • Bedroom 4: Dimensions: 10x12, On Level: Main
  • Other Room1: Cottage Living Room, Dimensions: 11x12, On Level: Main
  • Other Room 2: Cottage Kitchen, Dimensions: 10x12, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Rubber, Shingle
  • Outbuilding1: Shed, Dimensions: 18x11
  • Lake Type: Ski Lake
  • Sea Wall Type: Concrete
  • Water Features: Pier/Dock
  • Water Frontage: 38
  • Water Name: Lake Shafer

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 1.5
  • Garage Size: Dimensions: 14x20
  • Garage Sq Ft: 280
  • Garage: Yes

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Baseboard
  • Sewer: Regional
  • Water Utilities: Well
  • Gas Company: NIPSCO
  • Cable Company: Comcast
  • Laundry: Dimensions: Mainx7, On Level: 5
  • Water Type: Lake
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Level, Lake, Water View, Waterfront-Level Bank
  • Lot Dimensions: IRR
  • Estimated Lot Sq Ft: 13068
  • Estimated Lot Size Acres: 0.3

Tax Info

  • Annual Taxes: 2187.58

Multi Family

  • Water Access: Lakefront

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2020
Closed on
Sep 25, 2020
Sold by
Marecek Wayne Trust
Bought by
Hanen John B
Seller's Agent
Sean Dekker
REAL ESTATE NETWORK L.L.C
Buyer's Agent
Lawrence Moser
Twin Lakes Real Estate, Inc
List Price
$259,900
Sold Price
$254,000
Premium/Discount to List
-$5,900
-2.27%
Current Estimated Value
$173,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$80,521
Avg. Annual Appreciation
-7.26%
Original Mortgage
$228,600
Outstanding Balance
$203,328
Interest Rate
2.9%
Mortgage Type
Construction
Estimated Equity
-$29,849
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
Hanen John B $54,000 Columbia Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanen John B $228,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2020 09/25/20 Sold $254,000 -2.3% $189 / Sq Ft
09/22/2020 09/22/20 Pending -- -- --
04/23/2020 04/23/20 For Sale $259,900 -- $193 / 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 $706 $71,400 $7,100 $64,300
2023 $560 $55,100 $7,100 $48,000
2022 $526 $51,000 $7,100 $43,900
2021 $444 $42,200 $7,100 $35,100
2020 $417 $39,200 $7,100 $32,100
2019 $374 $36,700 $7,100 $29,600
2018 $367 $36,700 $7,100 $29,600
2017 $344 $36,800 $7,100 $29,700
2016 $334 $36,800 $7,100 $29,700
2014 $341 $36,900 $7,100 $29,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202014168

Indiana Regional MLS

APN: 91-73-08-000-015.000-011