NOT LISTED FOR SALE

503 N Illinois St Monticello, IN 47960

Estimated Value: $172,000 - $224,000

3 Beds
1 Bath
1,353 Sq Ft
$146/Sq Ft Est. Value

Last Sold April 13, 2021

Last sale price $132,000 $98 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,227/month

Highlights

  • 2 Car Detached Garage
  • 1-Story Property
  • Level Lot
  • Bungalow
  • Forced Air Heating and Cooling System
  • Wood Siding

About This Home

As of April 2021

Very nice older home with lots of updates. Located in a great area of town. This 3 bedroom, 1 bath home has so much to offer. Partial basement with a huge covered back porch and a 2 car detached garage.

Last Agent to Sell the Property

Kathleen Bassett

Redlow Group Listed on: 03/03/2021

Last Buyer's Agent

Beverley Tatlock

Redlow Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $582

Year Built

  • Built in 1940

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 60 x 150
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Partially Finished Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 91-73-33-000-057.000-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$582

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1940
  • Age: 81
  • Style: One Story
  • Architectural Style: Bungalow
  • Total Number of Rooms: 7
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Hughes Addition Lot 23
  • Parcel Number ID: 91-73-33-000-057.000-021
  • Platted: Yes
  • Sp Lp Percent: 101.62
  • Year Taxes Payable: 2021
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2003
  • Total Finished Sq Ft: 1353
  • Above Grade Finished Sq Ft: 1353
  • Below Grade Sq Ft: 650
  • Price Per Sq Ft: 97.56
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Basement Material: Block
  • Living Great Room: Dimensions: 15x15, On Level: Main
  • Kitchen: Dimensions: 12x13, On Level: Main
  • Dining Room: Dimensions: 13x13, On Level: Main
  • Bedroom 1: Dimensions: 13x14, On Level: Main
  • Bedroom 2: Dimensions: 10x13, On Level: Main
  • Bedroom 3: Dimensions: 10x14, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 650

Exterior Features

  • Exterior: Wood
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x22
  • Garage Sq Ft: 440
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

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: 60 X 150
  • Estimated Lot Sq Ft: 10454
  • Estimated Lot Size Acres: 0.24

Tax Info

  • Annual Taxes: 582
  • Exemptions: Homestead, Mortgage

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
Mar 3, 2021
Closed on
Apr 13, 2021
Sold by
Ashley Russell
Bought by
Allen Kody J
Seller's Agent
Kathleen Bassett
Redlow Group
Buyer's Agent
Beverley Tatlock
Redlow Group
List Price
$129,900
Sold Price
$132,000
Premium/Discount to List
$2,100
1.62%
Current Estimated Value
$197,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,471
Avg. Annual Appreciation
7.39%
Original Mortgage
$129,609
Outstanding Balance
$118,281
Interest Rate
3%
Mortgage Type
Construction
Estimated Equity
$62,467

Purchase Details

Listed on
Mar 19, 2018
Closed on
Jul 23, 2018
Sold by
Jennifer Holmes
Bought by
Russell Ashley
Seller's Agent
Deb Huffer
REAL ESTATE NETWORK L.L.C
Buyer's Agent
Kathleen Bassett
Redlow Group
List Price
$109,900
Sold Price
$105,900
Premium/Discount to List
-$4,000
-3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.40%
Original Mortgage
$106,969
Interest Rate
4.6%
Mortgage Type
New Conventional
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
Allen Kody J $130,905 First American Mtg Solutions
Russell Ashley $133,711 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Kody J $129,609
Previous Owner Russell Ashley $106,969
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2021 04/13/21 Sold $132,000 +1.6% $98 / Sq Ft
03/03/2021 03/03/21 Pending -- -- --
03/03/2021 03/03/21 For Sale $129,900 +22.7% $96 / Sq Ft
07/23/2018 07/23/18 Sold $105,900 0.0% $78 / Sq Ft
07/05/2018 07/05/18 Pending -- -- --
04/25/2018 04/25/18 Price Changed $105,900 -3.6% $78 / Sq Ft
03/19/2018 03/19/18 For Sale $109,900 -- $81 / 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 $1,906 $190,600 $10,800 $179,800
2023 $1,558 $165,300 $10,800 $154,500
2022 $1,382 $142,800 $10,800 $132,000
2021 $970 $110,500 $10,800 $99,700
2020 $783 $98,200 $10,800 $87,400
2019 $670 $92,300 $10,300 $82,000
2018 $675 $92,300 $10,300 $82,000
2017 $554 $86,900 $10,300 $76,600
2016 $537 $86,900 $10,300 $76,600
2014 $571 $89,800 $10,300 $79,500
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Kathleen Bassett

    Redlow Group

    (574) 870-0899

    16 in this area

    55 Total Sales

    Kathleen Bassett
    Section Image
  • Beverley Tatlock

    Buyer's Agent in 2021

    Beverley Tatlock

    Redlow Group

    (574) 870-6277

    37 in this area

    138 Total Sales

    Beverley Tatlock
    Section Image

  • D

    Seller's Agent in 2018

    Deb Huffer

    REAL ESTATE NETWORK L.L.C

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202106551

Indiana Regional MLS

APN: 91-73-33-000-057.000-021

Indiana White County Monticello 47960

503 N Illinois St, Monticello, IN

This home is located at 503 N Illinois St, Monticello, IN 47960 since 03 March 2021 and is currently estimated at $197,471, approximately $145 per square foot. This property was built in 1940. 503 N Illinois St is a home located in White County with nearby schools including Twin Lakes Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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