NOT LISTED FOR SALE

5041 E Shady Point Dr Monticello, IN 47960

Estimated Value: $297,000 - $386,000

2 Beds
2 Baths
940 Sq Ft
$348/Sq Ft Est. Value

Last Sold August 08, 2014

Last sale price $181,500 $193 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,890/month

83 Days on Market

Highlights

  • 53 Feet of Waterfront
  • Lake Property
  • Wood Flooring
  • Pier or Dock
  • Vaulted Ceiling
  • 1 Car Detached Garage

About This Home

As of August 2014

Quality counts with this 2 bedroom 2 bath lake cottage. Can be used as a weekend getaway or year round home. From the moment you walk through the door you catch a view of the lake and see the quality work that went into it to make it move in ready. Home features new windows, siding, roof, gutters, blinds & recently refinished pine floors throughout. Bonus 14 x 12 finished room in 1 car garage with A/C.

Last Agent to Sell the Property

Nathan Walts

REAL ESTATE NETWORK L.L.C Listed on: 05/16/2014

Last Buyer's Agent

Christine Thayer

REAL ESTATE NETWORK L.L.C

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,663

Year Built

  • Built in 1935

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 53 x 119
  • 53 Feet of Waterfront
  • Lake Front
  • Landscaped
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 940 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Wood Flooring
  • Crawl Space
  • Gas Oven or Range

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Outdoor Features

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Shared Well
  • Well
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 91-83-33-000-007.200-010

Community Details

Overview

  • $5 Other Monthly Fees

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,663

Year Built

Built in 1935

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1935
  • Age: 79
  • Style: One Story
  • Total Number of Rooms: 5
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: SHADY POINT PARK ADD LT 19
  • Parcel Number ID: 91-83-33-000-007.200-010
  • Platted: Yes
  • Amenities: Cable Available, Cable Ready, Ceilings-Vaulted, Deck on Waterfront, Dryer Hook Up Electric, Landscaped, Range/Oven Hook Up Gas, Stand Up Shower, Tub/Shower Combination, Main Floor Laundry
  • Location: Lake
  • Sp Lp Percent: 94.09
  • Special Features: None

Interior Features

  • Total Sq Ft: 940
  • Total Finished Sq Ft: 940
  • Above Grade Finished Sq Ft: 940
  • Basement Foundation: Crawl
  • Flooring: Hardwood Floors
  • Living Great Room: Dimensions: 10x28, On Level: Main
  • Kitchen: Dimensions: 10x15, On Level: Main
  • Dining Room: Dimensions: 10x28, On Level: Main
  • Bedroom 1: Dimensions: 8x15, On Level: Main
  • Bedroom 2: Dimensions: 9x12, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Water Features: Pier/Dock
  • Water Frontage: 53
  • Water Name: Lake Shafer

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 14x34
  • Garage Sq Ft: 476

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: Well
  • Laundry: Dimensions: 8xMain, On Level: 10
  • Water Type: Lake
  • Well Type: Shared

Condo/Co-op/Association

  • Other Fee Description: SFLECC
  • Other Fees Dollar: 60

Schools

  • School District: North White School Corp.
  • Middle School: North White
  • High School: North White

Lot Info

  • Lot Description: Level, Lake
  • Lot Dimensions: 53 x 119
  • Estimated Lot Sq Ft: 6098
  • Estimated Lot Size Acres: 0.14

Tax Info

  • Annual Taxes: 1663.16

Multi Family

  • Water Access: Lakefront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2014
Closed on
Aug 8, 2014
Sold by
Padgitt Gregory
Bought by
Radbel David A and Radbel Barbara Myers
Seller's Agent
Nathan Walts
REAL ESTATE NETWORK L.L.C
Buyer's Agent
Christine Thayer
REAL ESTATE NETWORK L.L.C
List Price
$192,900
Sold Price
$181,500
Premium/Discount to List
-$11,400
-5.91%
Current Estimated Value
$327,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,073
Avg. Annual Appreciation
5.42%
Source: Public Records

Range of Values:

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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
Radbel David A $181,500 Meridian Title Corporation
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2014 08/08/14 Sold $181,500 -5.9% $193 / Sq Ft
08/07/2014 08/07/14 Pending -- -- --
05/16/2014 05/16/14 For Sale $192,900 -- $205 / 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 $2,059 $252,000 $103,000 $149,000
2023 $2,016 $232,100 $103,000 $129,100
2022 $1,965 $197,000 $103,000 $94,000
2021 $1,813 $179,900 $103,000 $76,900
2020 $1,875 $170,200 $95,400 $74,800
2019 $1,615 $153,900 $85,900 $68,000
2018 $1,556 $151,700 $85,900 $65,800
2017 $1,586 $144,400 $85,900 $58,500
2016 $1,449 $144,400 $85,900 $58,500
2014 $1,436 $154,000 $90,600 $63,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201418759

Indiana Regional MLS

APN: 91-83-33-000-007.200-010