Seller's Agent in 2021
Bart Hickman
REAL ESTATE NETWORK L.L.C
(574) 870-4269
312 Total Sales
4770 E Harbour Ct Monticello, IN 47960
Estimated Value: $116,374 - $282,000
21
Beds
13
Baths
4,972
Sq Ft
$40/Sq Ft
Est. Value
Highlights
- 425 Feet of Waterfront
- Lap Pool
- Patio
- Boat Dock
- Lake Property
- Landscaped
About This Home
As of August 2021Pirates Cove Resort is located on a beautiful bay offering calm waters and great fishing on Lake Shafer. Fully operational with new and repeat customers. PRIME location within walking distance to Indiana Beach, boat rentals, and just a few minutes from two 18 hole golf courses, restaurants, drive-in movie theater and more. A peaceful and private setting (over a half acre) with direct waterfront, stunning views, and approximately 430 ft of waterfront. The numbers add up! There are 13 income producing units including the house that could be used as a manager's home. Three stand alone lakefront cottages and two lakefront hotel units that have 9 units total. The grounds include multiple patios, a heated in ground swimming pool, access to the lake from multiple spots, ample parking, and is located at the end of the street allowing for a quiet setting and privacy. Turn-key operation. Hit the ground running with a full calendar of bookings, live booking engine with external channel integration, included email, website and social media. A great investment opportunity!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,600
Year Built
- Built in 1940
Lot Details
- 0.69 Acre Lot
- 425 Feet of Waterfront
- Property Fronts a Bay or Harbor
- Landscaped
Home Design
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 4,972 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Water Views
Flooring
- Carpet
- Luxury Vinyl Tile
- Vinyl
Bedrooms and Bathrooms
- 21 Bedrooms
- 13 Full Bathrooms
Basement
- Walk-Out Basement
- Block Basement Construction
Parking
- 30 Parking Spaces
- Gravel Driveway
Pool
- Lap Pool
- In Ground Pool
Outdoor Features
- Waterski or Wakeboard
- Lake Property
- Lake, Pond or Stream
- Patio
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Private Water Source
- Shared Well
- Well
Listing and Financial Details
- Tenant pays for deposit value
- The owner pays for building insurance, cable, electric, fuel, heating, lawn maintenance, maintenance, sewer, tax, trash collection
- Assessor Parcel Number 91-73-17-000-027.400-020
Community Details
Overview
- 6 Buildings
- 13 Units
Recreation
- Boat Dock
- Pier or Dock
- Community Pool
Building Details
- Electric Expense $2,871
- Fuel Expense $2,871
- Insurance Expense $4,000
- Maintenance Expense $1,600
- Trash Expense $413
- Water Sewer Expense $3,480
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 9, 2021
Closed on
Aug 23, 2021
Sold by
Ryanchiara Llc % Ryan Andrews
Bought by
Cottonwood Resorts Llc % Lindsay Butrum
Seller's Agent
Bart Hickman
REAL ESTATE NETWORK L.L.C
Buyer's Agent
Olivia Albright
Crossroads Real Estate Group LLC
List Price
$499,900
Sold Price
$499,900
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$300,306
Avg. Annual Appreciation
-19.85%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cottonwood Resorts Llc % Lindsay Butrum | $499,900 | Columbia Title Inc |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/23/2021 08/23/21 | Sold | $499,900 | 0.0% | $101 / Sq Ft |
| 08/06/2021 08/06/21 | Pending | -- | -- | -- |
| 06/09/2021 06/09/21 | For Sale | $499,900 | -- | $101 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $764 | $62,800 | $46,200 | $16,600 |
| 2023 | $724 | $62,800 | $46,200 | $16,600 |
| 2022 | $729 | $62,800 | $46,200 | $16,600 |
| 2021 | $731 | $61,500 | $46,200 | $15,300 |
| 2020 | $738 | $61,500 | $46,200 | $15,300 |
| 2019 | $709 | $61,500 | $46,200 | $15,300 |
| 2018 | $699 | $61,500 | $46,200 | $15,300 |
| 2017 | $654 | $61,400 | $46,200 | $15,200 |
| 2016 | $635 | $61,400 | $46,200 | $15,200 |
| 2014 | $644 | $61,700 | $46,200 | $15,500 |
Source: Public Records
Agents Affiliated with this Home
-
Bart Hickman
-
Olivia Albright
Buyer's Agent in 2021
Olivia Albright
Crossroads Real Estate Group LLC
(765) 891-1472
13 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202121754
APN: 91-73-17-000-002.900-020
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