NOT LISTED FOR SALE

4887 Timberline Ct Monticello, IN 47960

Estimated Value: $318,241 - $403,000

3 Beds
2 Baths
1,232 Sq Ft
$287/Sq Ft Est. Value

Last Sold May 02, 2022

Last sale price $267,000 $217 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,125/month

165 Days on Market

Highlights

  • 65 Feet of Waterfront
  • Ranch Style House
  • Woodwork
  • Lake Property
  • 1.5 Car Detached Garage
  • Bathtub with Shower

About This Home

As of May 2022

Excellent location on Lake Shafer's Monon Bay, just minutes to the main lake. A spacious 3 bedrooms, 2 bathroom lake home offering a large open living room, a sun room with a wall of windows with lake views, updated floors, backsplash, & appliances, new windows throughout, and a new furnace. Outside you can enjoy making memories and soak up the gorgeous waterfront views on your large 10 X22 lake side deck. Exterior also includes an oversized 1.5 car garage, a steel sea wall and a boat lift. Charismatic lake house ready for your personal touch!

Last Agent to Sell the Property

Michelle Gerhart

VOGEL REAL ESTATE Listed on: 11/15/2021

Last Buyer's Agent

Cody Miller

Raeco Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,632

Year Built

  • Built in 1945

Lot Details

  • 7,800 Sq Ft Lot
  • Lot Dimensions are 65 x 120
  • 65 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Rural Setting

Parking

  • 1.5 Car Detached Garage
  • Gravel Driveway

Home Design

  • Ranch Style House
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,232 Sq Ft Home
  • Woodwork
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Water Views
  • Crawl Space
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Outdoor Features

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

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well

Community Details

  • $10 Other Monthly Fees
  • Parses Forest Lodge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 91-73-06-000-002.200-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,632

Year Built

Built in 1945

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1945
  • Age: 77
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 5
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: PARSES FOREST LODGE 1ST ADD N PT LT 40 & S PT LT 41 & 25' x 120 ' CEN LOT 41
  • Parcel Number ID: 91-73-06-000-002.200-020
  • Platted: Yes
  • Amenities: Deck Open, Deck on Waterfront, Natural Woodwork, Stand Up Shower, Tub/Shower Combination, Main Floor Laundry
  • Location: Lake, Rural
  • Sp Lp Percent: 95.7
  • Year Taxes Payable: 2020 pay 2021
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1232
  • Total Finished Sq Ft: 1232
  • Above Grade Finished Sq Ft: 1232
  • Price Per Sq Ft: 216.72
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm, Living/Great Rm, Wood Burning, Two
  • Fireplace: Yes
  • Living Great Room: Dimensions: 30x16, On Level: Main
  • Kitchen: Dimensions: 11x10, On Level: Main
  • Family Room: Dimensions: 9x12, On Level: Main
  • Bedroom 1: Dimensions: 9x11, On Level: Main
  • Bedroom 2: Dimensions: 10x10, On Level: Main
  • Bedroom 3: Dimensions: 9x7, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None
  • Channel Canal Frontage: 65
  • Lake Type: Ski Lake
  • Water Frontage: 65
  • Water Name: Lake Shafer

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 1.5
  • Garage Size: Dimensions: 20x22
  • Garage Sq Ft: 440
  • Garage: Yes

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Gas, Forced Air
  • Sewer: Regional
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx8, On Level: 9
  • Water Type: Lake
  • Well Type: Private

Condo/Co-op/Association

  • Other Fee Description: SFLECC
  • Other Fees Dollar: 125

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, Lake, Water View, Waterfront-Medium Bank
  • Lot Dimensions: 65 x 120
  • Estimated Lot Sq Ft: 7800
  • Estimated Lot Size Acres: 0.17

Tax Info

  • Annual Taxes: 1631.88

Multi Family

  • Water Access: Bayfront

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
Nov 15, 2021
Closed on
May 2, 2022
Sold by
Mc Williams Family Irrevocable Trust
Bought by
Evan Hughes Michael
Seller's Agent
Michelle Gerhart
VOGEL REAL ESTATE
Buyer's Agent
Cody Miller
Raeco Realty
List Price
$299,000
Sold Price
$267,000
Premium/Discount to List
-$32,000
-10.7%
Current Estimated Value
$353,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,310
Avg. Annual Appreciation
8.51%

Purchase Details

Listed on
Feb 4, 2014
Closed on
Apr 22, 2015
Sold by
Edwin Young Bernard Trust Agreement Dtd
Bought by
Mc Williams Family Irrevocable Trust Dtd
Seller's Agent
Bart Hickman
REAL ESTATE NETWORK L.L.C
Buyer's Agent
Nathan Walts
REAL ESTATE NETWORK L.L.C
List Price
$142,500
Sold Price
$95,000
Premium/Discount to List
-$47,500
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.83%
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
Evan Hughes Michael $267,000 Metropolitan Title Company
Mc Williams Family Irrevocable Trust Dtd $95,000 White County Abstract & Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/02/2022 05/02/22 Sold $267,000 -4.3% $217 / Sq Ft
04/29/2022 04/29/22 Pending -- -- --
03/04/2022 03/04/22 Price Changed $279,000 -6.7% $226 / Sq Ft
11/15/2021 11/15/21 For Sale $299,000 +214.7% $243 / Sq Ft
04/22/2015 04/22/15 Sold $95,000 -33.3% $73 / Sq Ft View Prior Sale
04/16/2015 04/16/15 Pending -- -- --
02/04/2014 02/04/14 For Sale $142,500 -- $110 / 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 $2,933 $241,200 $53,300 $187,900
2023 $2,563 $222,500 $53,300 $169,200
2022 $1,905 $164,100 $40,000 $124,100
2021 $1,785 $150,200 $40,000 $110,200
2020 $1,632 $135,900 $36,000 $99,900
2019 $1,566 $135,900 $36,000 $99,900
2018 $1,550 $136,400 $36,000 $100,400
2017 $1,445 $135,600 $36,000 $99,600
2016 $1,403 $135,600 $36,000 $99,600
2014 $1,066 $102,200 $19,400 $82,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202148124

Indiana Regional MLS

APN: 91-73-06-000-002.200-020