NOT LISTED FOR SALE

4313 E Penrod Dr Monticello, IN 47960

Estimated Value: $220,256 - $252,000

2 Beds
1 Bath
528 Sq Ft
$445/Sq Ft Est. Value

Last Sold January 05, 2021

Last sale price $135,000 $256 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $1,360/month

2 Days on Market

Highlights

  • 26 Feet of Waterfront
  • Lake Property
  • 1-Story Property
  • Pier or Dock
  • Screened Porch
  • Baseboard Heating

About This Home

As of January 2021

Remodeled Lake Shafer cottage on the main lake. Lots of new and updated features to this turn key lake home. Open concept makes this small cottage a true gem! Relaxing screened porch over looking the waterfront. Permanent Boat Lift with deck above, and 2 PWC lifts. Fenced in yard and storage shed.

Last Agent to Sell the Property

John Koppelmann

Koppelmann Real Estate Listed on: 11/16/2020

Last Buyer's Agent

John Koppelmann

Koppelmann Real Estate Listed on: 11/16/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,072

Year Built

  • Built in 1940

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 26x170
  • 26 Feet of Waterfront
  • Lake Front
  • Chain Link Fence
  • Level Lot
  • Zoning described as Lake Residential

Parking

  • Off-Street Parking

Home Design

  • Cabin
  • Metal Roof
  • Pier Jacks
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Screened Porch

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

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

Schools

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

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Shared Well
  • Well

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 91-83-32-000-010.200-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,072

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1940
  • Age: 80
  • 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: Fairview Add PT Lot 18 & PT Lot 19 N/E E Frax SW 32-28-03 .04
  • Parcel Number ID: 91-83-32-000-010.200-010
  • Platted: Yes
  • Amenities: Deck on Waterfront, Porch Screened
  • Cross Street: East Shafer Dr
  • Location: Lake
  • Sp Lp Percent: 90.6
  • Zoning Description: Lake Residential
  • Year Taxes Payable: 2019
  • Special Features: None

Interior Features

  • Total Sq Ft: 528
  • Total Finished Sq Ft: 528
  • Above Grade Finished Sq Ft: 528
  • Price Per Sq Ft: 255.68
  • Basement Material: Piers
  • Living Great Room: Dimensions: 16x13, On Level: Main
  • Kitchen: Dimensions: 10x8, On Level: Main
  • Bedroom 1: Dimensions: 9x7, On Level: Main
  • Bedroom 2: Dimensions: 10x7, On Level: Main
  • Main Level Sq Ft: 528
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Metal
  • Outbuilding1: Shed, Dimensions: 10x8
  • Channel Canal Frontage: 26
  • Fence: Chain Link
  • Lake Type: Ski Lake
  • Water Features: Pier/Dock
  • Water Frontage: 26
  • Water Name: Lake Shafer

Garage/Parking

  • Off Street Parking: Yes

Utilities

  • Cooling: Window
  • Heating Fuel: Electric, Baseboard
  • Sewer: Regional
  • Water Utilities: Well
  • Water Type: Lake
  • Well Type: Shared

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, Waterfront-Level Bank
  • Lot Dimensions: 26x170
  • Estimated Lot Sq Ft: 1742
  • Estimated Lot Size Acres: 0.04
  • Lot Number: 18

Tax Info

  • Annual Taxes: 1072
  • Total Assessed Value: 100200

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
Nov 16, 2020
Closed on
Jan 5, 2021
Sold by
Landgrave and Sunshine
Bought by
Westerman James F
Seller's Agent
John Koppelmann
Koppelmann Real Estate
Buyer's Agent
John Koppelmann
Koppelmann Real Estate
List Price
$149,000
Sold Price
$135,000
Premium/Discount to List
-$14,000
-9.4%
Current Estimated Value
$235,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,064
Avg. Annual Appreciation
12.22%
Original Mortgage
$108,000
Outstanding Balance
$96,373
Interest Rate
2.7%
Mortgage Type
Construction
Estimated Equity
$138,691
Source: Public Records

Range of Values:

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Average Value
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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
Westerman James F $135,000 White Cnty Abs & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Westerman James F $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2021 01/05/21 Sold $135,000 -9.4% $256 / Sq Ft
11/18/2020 11/18/20 Pending -- -- --
11/16/2020 11/16/20 For Sale $149,000 -- $282 / 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 $1,529 $187,100 $105,500 $81,600
2023 $1,483 $170,700 $105,500 $65,200
2022 $1,565 $156,900 $105,500 $51,400
2021 $1,549 $151,200 $105,500 $45,700
2020 $1,164 $103,800 $60,600 $43,200
2019 $1,072 $100,200 $60,600 $39,600
2018 $979 $93,600 $55,100 $38,500
2017 $958 $85,400 $55,100 $30,300
2016 $875 $85,400 $55,100 $30,300
2014 $822 $88,200 $57,900 $30,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202046374

Indiana Regional MLS

APN: 91-83-32-000-010.200-010