NOT LISTED FOR SALE

505 W Marion St Monticello, IN 47960

Estimated Value: $197,000 - $249,000

4 Beds
2 Baths
2,080 Sq Ft
$107/Sq Ft Est. Value

Last Sold August 16, 2023

Last sale price $210,000 $101 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,304/month

13 Days on Market

Highlights

  • 2 Car Detached Garage
  • Privacy Fence
  • Carpet
  • Forced Air Heating and Cooling System
  • Level Lot
  • 4-minute walk to Chalmers Community Park

About This Home

As of August 2023

Welcome to this gorgeous well-maintained home in the heart of Monticello, only minutes from Twin Lakes schools, shopping, restaurants, and entertainment. This 4 bed 2 bath home boasts over 2000 square feet of living space and is full of updates galore! New porch decking, vinyl flooring, paint throughout, main floor bathroom remodel, and new microwave and dishwasher in 2022. Inside you'll find beautiful built in shelving surrounding a gas fireplace perfect for chilly Indiana winters. On the first floor you will find the master bedroom, first full bathroom, laundry room, and large eat-in kitchen. The second floor holds 3 additional bedrooms and a second full bathroom. Outside you'll find that the fenced-in backyard gives ample space for entertainment and activities. The gravel drive and detached 2 car garage offer off street parking, while the outdoor shed can provide more storage. This home is being sold As-Is but inspections welcome for buyer's peace of mind.

Last Agent to Sell the Property

Kiersten Hoffman

Brick Built Real Estate Brokerage Phone: 765-714-0035 Listed on: 07/03/2023

Last Buyer's Agent

Matt Zook

REAL ESTATE NETWORK L.L.C

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,201

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 50x173
  • Privacy Fence
  • Chain Link Fence
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace
  • Partially Finished Basement
  • Block Basement Construction

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

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

Additional Features

  • Suburban Location
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 91-73-33-000-123.000-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,201

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1900
  • Age: 123
  • Style: Two Story
  • Total Number of Rooms: 9
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: D & H ADD 72 |
  • Parcel Number ID: 91-73-33-000-123.000-021
  • Platted: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 96.55
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2704
  • Total Finished Sq Ft: 2080
  • Above Grade Finished Sq Ft: 2080
  • Below Grade Sq Ft: 624
  • Price Per Sq Ft: 100.96
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 15x15, On Level: Main
  • Kitchen: Dimensions: 24x13, On Level: Main
  • Bedroom 1: Dimensions: 15x13, On Level: Main
  • Bedroom 2: Dimensions: 11x11, On Level: Main
  • Bedroom 3: Dimensions: 13x13, On Level: Main
  • Bedroom 4: Dimensions: 15x10, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 624

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: Shed, Dimensions: 10x10
  • Fence: Chain Link, Privacy

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x24
  • Garage Sq Ft: 576
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Cable Company: Comcast
  • Laundry: Dimensions: Mainx5, On Level: 11

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, 0-2.9999
  • Lot Dimensions: 50x173
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2

Tax Info

  • Annual Taxes: 1201
  • 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
Jul 3, 2023
Closed on
Aug 16, 2023
Sold by
Wicker Heather L
Bought by
Larson James Todd
Seller's Agent
Kiersten Hoffman
Brick Built Real Estate
Buyer's Agent
Matt Zook
REAL ESTATE NETWORK L.L.C
List Price
$220,000
Sold Price
$210,000
Premium/Discount to List
-$10,000
-4.55%
Views
89
Current Estimated Value
$221,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,933
Avg. Annual Appreciation
2.60%

Purchase Details

Listed on
Jan 23, 2017
Closed on
Mar 24, 2017
Sold by
Halsema Rex T and Halsema Michele L
Bought by
Salmons Heather L
Seller's Agent
Michael Sims
Redlow Group
Buyer's Agent
Nicole Deibel
Koppelmann Real Estate
List Price
$129,900
Sold Price
$126,000
Premium/Discount to List
-$3,900
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.31%
Original Mortgage
$123,717
Interest Rate
4.5%
Mortgage Type
FHA
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
Larson James Todd $210,000 Columbia Title Inc
Salmons Heather L $124,954 Columbia Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Salmons Heather L $123,717
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/16/2023 08/16/23 Sold $210,000 -3.4% $101 / Sq Ft
07/18/2023 07/18/23 Pending -- -- --
07/12/2023 07/12/23 Price Changed $217,500 -0.5% $105 / Sq Ft
07/12/2023 07/12/23 Price Changed $218,500 -0.7% $105 / Sq Ft
07/05/2023 07/05/23 For Sale $220,000 +74.6% $106 / Sq Ft
03/24/2017 03/24/17 Sold $126,000 -3.0% $61 / Sq Ft View Prior Sale
03/17/2017 03/17/17 Pending -- -- --
01/23/2017 01/23/17 For Sale $129,900 -- $62 / 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 $1,458 $155,100 $9,900 $145,200
2023 $1,280 $142,400 $9,900 $132,500
2022 $1,200 $129,100 $9,900 $119,200
2021 $1,122 $119,100 $9,900 $109,200
2020 $1,004 $111,100 $9,900 $101,200
2019 $857 $103,200 $9,900 $93,300
2018 $730 $94,600 $9,900 $84,700
2017 $608 $88,900 $9,900 $79,000
2016 $592 $89,000 $9,900 $79,100
2014 $525 $85,900 $9,900 $76,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202322975

Indiana Regional MLS

APN: 91-73-33-000-123.000-021