$459,900
$39K PRICE DROP

4386 E Luse Rd Monticello, IN 47960

Estimated payment $2,667/month

Total Views 20,905
4 Beds
3 Baths
3,624 Sq Ft
$127 Price per Sq Ft

Highlights

  • Spa
  • Workshop
  • 5 Car Detached Garage
  • Wood Flooring
  • Community Fire Pit
  • Crown Molding

About This Home

Peaceful Retreat with Space to Roam, Just South of Monticello Escape the hustle and embrace the quiet beauty of country living in this spacious 4-bedroom,3-bathroom home nestled on a scenic lot just minutes from town. Backed by pristine wilderness,you’ll enjoy daily views of deer, wild turkey, and other wildlife right from your backyard. A true nature lover’s paradise. The location offers easy access to nearby lakes, making it perfect for boating, fishing, and exploring the outdoors. Outdoor Living at Its Best Step onto the brand-new front deck or unwind on the refurbished back deck, ideal for morning coffee or watching the sunset. A circular driveway welcomes you home, with two detached garages providing plenty of room for storage, hobbies, or a workshop. The private backyard is designed for both relaxation and play, featuring a fire pit area, cleared open space, and plenty of room to entertain. Comfort, Character, and Convenience Inside, you’ll find a warm, open layout with a cozy gas fireplace, a dedicated den or office, and a full basement offering flexible space for storage or future use. Flooring includes a mix of hardwood, updated laminate, and tile for a clean, low-maintenance finish. Treat yourself to year-round relaxation in the dedicated hot tub room, a rare and inviting feature. The updated kitchen features stainless steel appliances, oak cabinetry, new countertops, and a garbage disposal. Both functional and stylish. Whether you’re looking for a forever home or a weekend escape, this well-maintained property offers the perfect balance of comfort, privacy, and rural charm. With room to grow!

Listing Agent

Brian Rodriguez

VOGEL REAL ESTATE Brokerage Email: brian@vogel-real-estate.com Listed on: 04/02/2025

Co-Listing Agent

Gregory Vogel

VOGEL REAL ESTATE Brokerage Email: brian@vogel-real-estate.com

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,989

Year Built

  • Built in 1946

Lot Details

  • 1.18 Acre Lot
  • Lot Dimensions are 279.16'x20.69'x266.56'x225.61'x139.99'
  • Rural Setting
  • Level Lot
  • Property is zoned A-1 General Agriculture District

Parking

  • 5 Car Detached Garage
  • Heated Garage
  • Driveway

Home Design

  • Brick Foundation
  • Poured Concrete
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Crown Molding
  • Living Room with Fireplace
  • Workshop
  • Partially Finished Basement
  • Sump Pump
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Pool

  • Spa

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Private Company Owned Well
  • Well
  • Septic System

Community Details

  • Community Fire Pit

Listing and Financial Details

  • Assessor Parcel Number 91-63-08-000-001.700-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,989

Year Built

Built in 1946

Lot Details

0

Parking

5

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1946
  • Age: 79
  • Style: One and Half Story
  • Total Number of Rooms: 13
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: PART E 1/2 SW 1/4 & W 1/2 SE 1/4 8-26-3 1.18A 584,678
  • Parcel Number ID: 91-63-08-000-001.700-020
  • Platted: Yes
  • Amenities: Hot Tub/Spa, Countertops-Laminate, Crown Molding, Deck Open, Firepit, Workshop, Garage-Heated, Sump Pump
  • Improvmnts In Last5 Yrs: Yes
  • Location: Rural, Near Airport
  • Road Access: County
  • Road Surface: Asphalt
  • County Zoning: A-1 General Agriculture District
  • Year Taxes Payable: 2024 PAY 2025
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 4584
  • Total Finished Sq Ft: 3624
  • Above Grade Finished Sq Ft: 3624
  • Below Grade Sq Ft: 960
  • Price Per Sq Ft: 126.9
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Brick, Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet, Laminate, Tile
  • Living Great Room: Dimensions: 15x30, On Level: Main
  • Kitchen: Dimensions: 11x13, On Level: Main
  • Dining Room: Dimensions: 15x13, On Level: Main
  • Den: Dimensions: 7x18, On Level: Main
  • Recreation Room: Dimensions: 15x13, On Level: Upper
  • Bedroom 1: Dimensions: 11x15, On Level: Main
  • Bedroom 2: Dimensions: 12x16, On Level: Main
  • Bedroom 3: Dimensions: 15x13, On Level: Upper
  • Bedroom 4: Dimensions: 15x7, On Level: Main
  • Other Room1: Spa Room, Dimensions: 23x15, On Level: Main
  • Other Room 2: Middle Room, Dimensions: 9x15, On Level: Main
  • Other Room 3: Storage, Dimensions: 15x4, On Level: Main
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 960

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: 2nd Detached Garage, Dimensions: 24x48, 1152

Garage/Parking

  • Driveway: Asphalt
  • Garage Type: Detached
  • Garage Number Of Cars: 5
  • Garage Size: Dimensions: 30x20
  • Garage Sq Ft: 600
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Laundry: Dimensions: Mainx5, On Level: 11
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 279.16'X20.69'X266.56'X225.61'X139.99'
  • Estimated Lot Sq Ft: 51401
  • Estimated Lot Size Acres: 1.18

Tax Info

  • Annual Taxes: 1989.02

MLS Schools

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

Map

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

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 $1,999 $325,800 $20,300 $305,500
2023 $1,880 $325,800 $20,300 $305,500
2022 $1,693 $273,300 $19,200 $254,100
2021 $1,458 $235,100 $19,200 $215,900
2020 $1,472 $235,700 $19,200 $216,500
2019 $1,322 $222,700 $19,200 $203,500
2018 $1,171 $208,200 $19,200 $189,000
2017 $1,064 $205,900 $19,200 $186,700
2016 $947 $190,700 $19,200 $171,500
2014 $1,021 $191,100 $16,900 $174,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 Price Changed $459,900 -2.1% $127 / Sq Ft
06/15/2025 06/15/25 Price Changed $469,900 -2.1% $130 / Sq Ft
06/03/2025 06/03/25 Price Changed $479,900 -2.0% $132 / Sq Ft
05/16/2025 05/16/25 Price Changed $489,900 -1.8% $135 / Sq Ft
04/02/2025 04/02/25 For Sale $499,000 +154.6% $138 / Sq Ft
11/26/2014 11/26/14 Sold $196,000 -14.7% $45 / Sq Ft
11/19/2014 11/19/14 Pending -- -- --
05/29/2014 05/29/14 For Sale $229,900 -- $53 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Deed $196,000 White County Abstract & Title
Source: Public Records

Similar Homes in Monticello, IN

  • 1120 N Diamond Point Ct, Monticello, IN 47960

    $534,900

    • 5 Beds
    • 3 Baths
    • 4,576 Sq Ft
    • 1120 N Diamond Point Ct
    • Monticello, IN

    Nestled at the end of a serene, tree-lined neighborhood, this expansive Lake Freeman estate offers a tranquil retreat with exceptional amenities. This impressive property features 5 bedrooms, 3 bathrooms, a 5-car garage, and an expansive 4,576 square feet of living space. The open-concept interior is adorned with high-end finishes, including tile and hardwood flooring, cathedral ceilings,

    Ryan Clemons Redlow Group

    Section Image
  • 8013 N Frazer Beach Dr, Monticello, IN 47960

    $525,000

    • 2 Beds
    • 2 Baths
    • 1,233 Sq Ft
    • 8013 N Frazer Beach Dr
    • Monticello, IN

    Welcome to 8013 N Frazer Beach Dr. in Monticello, a charming retreat on beautiful Lake Freeman! This 2-bedroom, 2-bath home is filled with natural light thanks to expansive living room windows. The modern kitchen boasts sleek black stainless steel appliances and opens to a private patio with retractable awnings—perfect for relaxing or entertaining. Enjoy year-round comfort with radiant floor

    Cathy Russell @properties

    Section Image
  • 5793 E St Johns Ave, Monticello, IN 47960

    $387,900

    • 4 Beds
    • 2.5 Baths
    • 1,800 Sq Ft
    • 5793 E St Johns Ave
    • Monticello, IN

    Introducing an exciting new construction in the picturesque Meadowbrook neighborhood of Monticello! This brand-new build promises to be a stunning addition to this idyllic community and is ready for it's new owner. Don't miss your chance to be a part of this exciting project in Meadowbrook!

    Cathy Russell @properties

    Section Image
  • 5434 W Norway Rd, Monticello, IN 47960

    $345,000

    • 3 Beds
    • 2 Baths
    • 1,667 Sq Ft
    • 5434 W Norway Rd
    • Monticello, IN

    Charming New Build with Stunning Lake Shafer Views Estimated completion date July 18th 2025 Welcome to your dream home! This beautifully crafted new construction features 3 spacious bedrooms and 2 modern bathrooms, offering comfort and style in every corner. The heart of the home boasts a vaulted ceiling in the living room, enhancing the natural light and creating a bright, airy space perfect for

    Michael Sims Redlow Group

    Section Image
  • 3322 N Lakeshore Dr, Monticello, IN 47960

    $399,000

    • 3 Beds
    • 2.5 Baths
    • 1,788 Sq Ft
    • 3322 N Lakeshore Dr
    • Monticello, IN

    Enjoy serene golf course views from this lovely, light-filled home nestled on a quiet cul-de-sac with no through traffic. The open-concept layout features abundant windows, and a spacious kitchen with a convenient work island and central vacuum system. Unwind in the large sunroom overlooking the perfectly manicured greens, perfect for morning coffee or evening relaxation. The oversized, deep

    Michael Sims Redlow Group

    Section Image
  • 5785 E Golden Hills Dr, Monticello, IN 47960

    $499,000

    • 4 Beds
    • 4.5 Baths
    • 2,848 Sq Ft
    • 5785 E Golden Hills Dr
    • Monticello, IN

    Once in a lifetime opportunity: 5785 Golden Hills, your Lake Freeman entertainment oasis and peaceful retreat bundled as one. Single family owned for decades. Meticulously maintained and in pristine condition, this property boasts too many features to list. Sitting within this spacious parcel, you'll find a 1656 SqFt main house, 880 SqFt duplex, 312 SqFt pool house, and 30x38 garage. Overlooking

    Cody Miller Raeco Realty - Monticello

    Section Image
  • 2719 S Airport Rd, Monticello, IN 47960

    $339,999

    • 3 Beds
    • 2 Baths
    • 1,090 Sq Ft
    • 2719 S Airport Rd
    • Monticello, IN

    Beautiful Lake Freeman property -- rare opportunity to purchase two lots and two units with approximately 150' of Lakefront. This property offer spectacular views of the main lake and has two piers. The partially wooded lot offers privacy, great outdoor entertaining space, and plenty of parking.. A great investment income opportunity or a potential location to build your dream home. Desirable

    Amy Junius-Humbaugh F.C. Tucker/Shook

    Section Image
  • 10713 N C & C Dr, Monticello, IN 47960

    $415,000

    • 2 Beds
    • 2.5 Baths
    • 1,312 Sq Ft
    • 10713 N C & C Dr
    • Monticello, IN

    This completely rebuilt lake home offers a rare blend of custom craftsmanship, charm, and unbeatable main lake view that are truly breathtaking . Reconstructed from the ground up roughly 6 years ago, the original cottage was all but torn down and transformed into this modern lakeside retreat. Enjoy 15 feet of canal frontage just down the road with its own boat lift. The exterior stuns with

    Garrett Criswell Raeco Realty - Monticello

    Section Image
  • 11068 N Quiet Water Cir, Monticello, IN 47960

    $525,000

    • 4 Beds
    • 2.5 Baths
    • 3,312 Sq Ft
    • 11068 N Quiet Water Cir
    • Monticello, IN

    First Right Offer Accepted- BUYERS STILL WELCOME, SCHEDULE TODAY!! Welcome to this beautifully maintained 4-bedroom, 2.5-bath home nestled on 100 feet of peaceful Canal frontage. Built in 2005, this custom, 3300 sq ft residence offers a thoughtful blend of elegance and functionality. Step inside to find hardwood floors flowing seamlessly throughout most of the home accompanied by beautiful oak

    Garrett Criswell Raeco Realty - Monticello

    Section Image

Source: Indiana Regional MLS

MLS Number: 202511292

Indiana Regional MLS

APN: 91-63-08-000-001.700-020