NOT LISTED FOR SALE

4871 E Indiana Beach Rd Monticello, IN 47960

Estimated Value: $347,000 - $585,000

4 Beds
2 Baths
2,628 Sq Ft
$170/Sq Ft Est. Value

Last Sold July 19, 2019

Last sale price $165,000 $63 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $2,664/month

147 Days on Market

Highlights

  • 75 Feet of Waterfront
  • Wood Flooring
  • 2 Car Detached Garage
  • Lake Property
  • 1 Fireplace
  • Central Air

About This Home

As of July 2019

Two for the price of one! Enjoy the main lake 2 bedroom home** with fantastic lake views, and use the extra 2 bedroom guest house for week-end guests or rent it out for extra income. Located on the road into Indiana Beach, this would also make great rental properties on both units. The garage also includes a bonus room for extra sleeping or could easily be converted into a sunroom overlooking the lake. Lots of possibilites as a vacation home or income property. **NEW ROOF ON MAIN LAKE HOUSE 7/2017**

Last Agent to Sell the Property

Sean Dekker

REAL ESTATE NETWORK L.L.C Listed on: 02/19/2019

Last Buyer's Agent

Ryan Clemons

Redlow Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,654

Year Built

  • Built in 1940

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 75 x 199
  • 75 Feet of Waterfront
  • Lake Front

Parking

  • 2 Car Detached Garage

Home Design

  • Composite Building Materials
  • Vinyl Construction Material

Interior Spaces

  • 2,628 Sq Ft Home
  • 1.5-Story Property
  • 1 Fireplace
  • Crawl Space

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

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

Schools

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

Utilities

  • Central Air
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Private Sewer

Community Details

  • Untalulti Subdivision

Listing and Financial Details

  • Assessor Parcel Number 91-73-17-000-026.400-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,654

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1940
  • Age: 79
  • Style: One and Half Story
  • Total Number of Rooms: 11
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Untalulti Add lot 84 |
  • Parcel Number ID: 91-73-17-000-026.400-020
  • Platted: Yes
  • Location: Lake
  • Sp Lp Percent: 87.3
  • Year Taxes Payable: 2019
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2628
  • Total Finished Sq Ft: 2628
  • Above Grade Finished Sq Ft: 2628
  • Price Per Sq Ft: 62.79
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood Floors
  • Living Great Room: Dimensions: 14x30, On Level: Main
  • Kitchen: Dimensions: 8x13, On Level: Main
  • Dining Room: Dimensions: 10x20, On Level: Main
  • Bedroom 1: Dimensions: 10x12, On Level: Main
  • Bedroom 2: Dimensions: 10x12, On Level: Main
  • Bedroom 3: Dimensions: 10x12, On Level: Main
  • Bedroom 4: Dimensions: 10x12, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Composite
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Water Frontage: 75
  • Water Name: Lake Shafer

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 22x26
  • Garage Sq Ft: 572
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Conventional
  • Sewer: Private
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx10, On Level: 7
  • Water Type: Lake
  • 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: Waterfront, Waterfront-Medium Bank
  • Lot Dimensions: 75 X 199
  • Estimated Lot Sq Ft: 15246
  • Estimated Lot Size Acres: 0.35

Tax Info

  • Annual Taxes: 2653.96

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
Feb 19, 2019
Closed on
Jul 19, 2019
Sold by
Caso Properties Llc
Bought by
Tapia Israel and Gregorio Leon T
Seller's Agent
Sean Dekker
REAL ESTATE NETWORK L.L.C
Buyer's Agent
Ryan Clemons
Redlow Group
List Price
$189,000
Sold Price
$165,000
Premium/Discount to List
-$24,000
-12.7%
Current Estimated Value
$445,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,830
Avg. Annual Appreciation
17.27%
Original Mortgage
$132,000
Outstanding Balance
$115,644
Interest Rate
3.82%
Mortgage Type
Construction
Estimated Equity
$330,186
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
Tapia Israel $165,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tapia Israel $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2019 07/19/19 Sold $165,000 -12.7% $63 / Sq Ft
07/16/2019 07/16/19 Pending -- -- --
05/23/2019 05/23/19 For Sale $189,000 +14.5% $72 / Sq Ft
05/12/2019 05/12/19 Off Market $165,000 -- --
02/19/2019 02/19/19 For Sale $189,000 -- $72 / 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 $3,601 $296,100 $82,600 $213,500
2023 $3,411 $296,100 $82,600 $213,500
2022 $3,158 $272,000 $82,600 $189,400
2021 $2,779 $233,900 $82,600 $151,300
2020 $2,602 $216,700 $82,600 $134,100
2019 $2,691 $233,500 $117,100 $116,400
2018 $2,654 $233,500 $117,100 $116,400
2017 $3,803 $232,600 $117,100 $115,500
2016 $2,408 $232,700 $117,100 $115,600
2014 $2,570 $246,300 $130,100 $116,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201905623

Indiana Regional MLS

APN: 91-73-17-000-026.400-020