NOT LISTED FOR SALE

5047 S Stone Dr Monticello, IN 47960

Estimated Value: $468,733 - $509,000

3 Beds
2 Baths
1,527 Sq Ft
$315/Sq Ft Est. Value

Last Sold May 08, 2023

Last sale price $395,000 $259 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,022/month

21 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Pier or Dock
  • Lake Property
  • 71 Feet of Waterfront
  • Private Beach
  • Vaulted Ceiling

About This Home

As of May 2023

FREEMAN PARADISE!! Lets get the SUMMER started off with a NEW PURCHASE of this high bank lake freeman home that offers three bedrooms, two newly remodeled bathrooms, fresh interior paint, living and kitchen combo with a stunning view of the lake. The screened porch adds extra space for family activities. The detached garage 24 x 30 has great potential for a mancave / bonus room. The covered boat slip is shared with the neighbor, each party uses one lift. This property offers a private boat ramp and beach area which is provide within the Freeman View Subdivision !! Come see these views for yourself

Last Agent to Sell the Property

Joan Abbott

Joan Abbott Real Estate Listed on: 03/27/2023

Last Buyer's Agent

Lawrence Moser

Twin Lakes Real Estate, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $150

Year Built

  • Built in 1984

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 71 x 165
  • 71 Feet of Waterfront
  • Lake Front
  • Private Beach
  • Landscaped
  • Sloped Lot

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2.5 Car Detached Garage
  • Stone Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Built-in Bookshelves
  • Vaulted Ceiling
  • Ceiling Fan
  • Screened Porch
  • Partially Finished Basement
  • Block Basement Construction
  • Fire and Smoke Detector
  • Eat-In Kitchen
  • Laundry on main level

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Separate Shower

Outdoor Features

  • Deeded Waterfront Access Rights
  • Sun Deck
  • Waterski or Wakeboard
  • Seawall
  • Lake Property
  • Lake, Pond or Stream

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well

Listing and Financial Details

  • Assessor Parcel Number 91-63-28-000-016.900-020

Community Details

Overview

  • Freeman View Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$150

Year Built

Built in 1984

Lot Details

0

HOA Fees

$8 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1984
  • Age: 39
  • Style: One and Half Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Freeman View Sub 1 Lot 12
  • Parcel Number ID: 91-63-28-000-016.900-020
  • Platted: Yes
  • Amenities: Built-In Bookcase, Ceiling-9+, Ceiling Fan(s), Ceilings-Vaulted, Deck on Waterfront, Detector-Smoke, Eat-In Kitchen, Landscaped, Porch Screened, Stand Up Shower, Main Floor Laundry
  • Location: Lake
  • Sp Lp Percent: 92.07
  • Year Taxes Payable: 2022/2023
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1677
  • Total Finished Sq Ft: 1527
  • Above Grade Finished Sq Ft: 1527
  • Below Grade Sq Ft: 150
  • Price Per Sq Ft: 258.68
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Basement Material: Block
  • Flooring: Hardwood Floors, Laminate
  • Living Great Room: Dimensions: 17x18, On Level: Main
  • Kitchen: Dimensions: 14x11, On Level: Main
  • Dining Room: Dimensions: 15x10, On Level: Main
  • Extra Room: bonus, Dimensions: 38x13, On Level: Main
  • Bedroom 1: Dimensions: 15x11, On Level: Main
  • Bedroom 2: Dimensions: 14x11, On Level: Upper
  • Bedroom 3: Dimensions: 11x10, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 150

Exterior Features

  • Exterior: Brick, Wood
  • Roof Material: Shingle
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Sea Wall Type: Steel
  • Water Features: Pier/Dock Available, Private Beach, Deeded
  • Water Frontage: 71
  • Water Name: Lake Freeman

Garage/Parking

  • Driveway: Stone
  • Garage Type: Detached
  • Garage Number Of Cars: 2.5
  • Garage Size: Dimensions: 24x30
  • Garage Sq Ft: 720
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Regional
  • Water Utilities: Well
  • Electric Company: REMC
  • Gas Company: NIPSCO
  • Hvac: Ceiling Fan
  • Laundry: Dimensions: Mainx7, On Level: 8
  • Water Type: Lake
  • Well Type: Private

Condo/Co-op/Association

  • Association Fees: 100
  • Association Fees Frequency: Annually

Schools

  • School District: Twin Lakes School Corp.
  • Elementary School: Meadowlawn
  • Middle School: Roosevelt
  • High School: Twin Lakes
  • Elementary School: Meadowlawn

Lot Info

  • Lot Description: Slope, Waterfront, Waterfront-High Bank
  • Lot Dimensions: 71 x 165
  • Estimated Lot Sq Ft: 11713
  • Estimated Lot Size Acres: 0.2689

Tax Info

  • Annual Taxes: 149.5
  • Exemptions: Disabled Vet, Homestead

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
Mar 27, 2023
Closed on
May 8, 2023
Sold by
Burns Tyler
Bought by
Fissel Jef E
Seller's Agent
Joan Abbott
Joan Abbott Real Estate
Buyer's Agent
Lawrence Moser
Twin Lakes Real Estate, Inc
List Price
$429,000
Sold Price
$395,000
Premium/Discount to List
-$34,000
-7.93%
Total Days on Market
21
Views
13
Current Estimated Value
$480,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,683
Avg. Annual Appreciation
4.68%

Purchase Details

Listed on
Jul 25, 2019
Closed on
Aug 10, 2020
Sold by
Ribbe and Charles
Bought by
Burns Tyler
Seller's Agent
Christine Thayer
REAL ESTATE NETWORK L.L.C
Buyer's Agent
Nathan Walts
REAL ESTATE NETWORK L.L.C
List Price
$298,000
Sold Price
$275,000
Premium/Discount to List
-$23,000
-7.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.18%
Original Mortgage
$265,560
Interest Rate
3%
Mortgage Type
VA
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
Fissel Jef E $395,000 Columbia Title Inc
Burns Tyler $275,000 Simplifile Lc E-Recording
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burns Tyler $265,560
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2023 05/08/23 Sold $395,000 -7.9% $259 / Sq Ft
04/17/2023 04/17/23 Pending -- -- --
03/27/2023 03/27/23 For Sale $429,000 +56.0% $281 / Sq Ft
08/14/2020 08/14/20 Sold $275,000 -7.7% $180 / Sq Ft
08/11/2020 08/11/20 Pending -- -- --
06/02/2020 06/02/20 For Sale $298,000 +8.4% $195 / Sq Ft
05/09/2020 05/09/20 Off Market $275,000 -- --
01/27/2020 01/27/20 Price Changed $284,900 -1.7% $187 / Sq Ft
10/22/2019 10/22/19 Price Changed $289,900 -2.6% $190 / Sq Ft
09/11/2019 09/11/19 Price Changed $297,500 -6.7% $195 / Sq Ft
07/25/2019 07/25/19 For Sale $319,000 -- $209 / 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 $4,801 $394,800 $97,400 $297,400
2023 $1,930 $346,600 $97,400 $249,200
2022 $1,771 $298,300 $97,400 $200,900
2021 $1,628 $272,800 $97,400 $175,400
2020 $1,552 $261,400 $97,400 $164,000
2019 $1,442 $250,600 $90,500 $160,100
2018 $1,198 $219,200 $90,500 $128,700
2017 $1,101 $218,300 $90,500 $127,800
2016 $1,087 $219,800 $90,500 $129,300
2014 $1,242 $230,600 $90,500 $140,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202308808

Indiana Regional MLS

APN: 91-63-28-000-016.900-020