NOT LISTED FOR SALE

5057 E Shady Point Dr Monticello, IN 47960

Estimated Value: $494,989 - $566,000

3 Beds
3 Baths
2,016 Sq Ft
$265/Sq Ft Est. Value

Last Sold March 06, 2019

Last sale price $303,250 $150 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,954/month

39 Days on Market

Highlights

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

About This Home

As of March 2019

Lake Shafer living doesn't get much better than this! This home was completely re-built in 2007. Inside offers 3 bedrooms, 3 bathrooms, loft/office, 2016 sqft, open floor plan, & nicely updated. Convenient for entertaining inside & out. Beautiful kitchen with newer quartz counter tops, back splash, stainless steel appliances, & a large island that is open to the dining room & living room. The spacious living room opens up to the large lake side composite deck overlooking the lake. Additional lake side space includes the deck over the permanent electric boat lift. Amenities inside & out include: Hardwood floors, granite countertops, newer appliances, tankless water heater, new french doors, new cables for boat lift, 2 car garage, fence, stamped concrete, & ample parking for up to 6 cars. The lake life is great & then some more! Several Lakefront dining options, Indiana Beach Amusement park, golf courses, drive in movie theater & more.

Last Agent to Sell the Property

Bart Hickman

REAL ESTATE NETWORK L.L.C Listed on: 01/18/2019

Last Buyer's Agent

Ryan Clemons

Redlow Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,047

Year Built

  • Built in 1973

Lot Details

  • 5,924 Sq Ft Lot
  • Lot Dimensions are 53x112
  • 53 Feet of Waterfront
  • Lake Front
  • Irrigation

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,016 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Crawl Space
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

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

Utilities

  • Central Air
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 91-83-33-000-004.700-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,047

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1973
  • Age: 46
  • Style: Two Story
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Shady Point Lot 17
  • Parcel Number ID: 91-83-33-000-004.700-010
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Ceilings-Vaulted, Closet(s) Walk-in, Crown Molding, Deck Open, Deck on Waterfront, Irrigation System, Kitchen Island
  • Location: Lake
  • Sp Lp Percent: 94.8
  • Special Features: None

Interior Features

  • Total Sq Ft: 2016
  • Total Finished Sq Ft: 2016
  • Above Grade Finished Sq Ft: 2016
  • Price Per Sq Ft: 150.42
  • Basement Foundation: Crawl
  • Flooring: Hardwood Floors, Carpet
  • Living Great Room: Dimensions: 23x16, On Level: Main
  • Kitchen: Dimensions: 13x11, On Level: Main
  • Dining Room: Dimensions: 14x11, On Level: Main
  • Bedroom 1: Dimensions: 17x16, On Level: Upper
  • Bedroom 2: Dimensions: 13x10, On Level: Upper
  • Bedroom 3: Dimensions: 13x9, On Level: Upper
  • Number of Main Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x24
  • Garage Sq Ft: 480
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Conventional
  • Sewer: Regional
  • Water Utilities: Well
  • Water Type: Lake
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Lake
  • Lot Dimensions: 53x112
  • Estimated Lot Sq Ft: 5924
  • Estimated Lot Size Acres: 0.136

Tax Info

  • Annual Taxes: 1046.54

Multi Family

  • Water Access: Lakefront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2019
Closed on
Mar 6, 2019
Sold by
Jennings William A and Jennings Edie
Bought by
Olson Steven E and Vuckovich Cynthia J
Seller's Agent
Bart Hickman
REAL ESTATE NETWORK L.L.C
Buyer's Agent
Ryan Clemons
Redlow Group
List Price
$319,900
Sold Price
$303,250
Premium/Discount to List
-$16,650
-5.2%
Current Estimated Value
$534,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,747
Avg. Annual Appreciation
8.91%
Original Mortgage
$105,000
Outstanding Balance
$92,313
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$442,684

Purchase Details

Listed on
Feb 15, 2016
Closed on
Aug 22, 2016
Sold by
Robertson Jereld W
Bought by
Jennings William A
Seller's Agent
Bart Hickman
REAL ESTATE NETWORK L.L.C
Buyer's Agent
Bart Hickman
REAL ESTATE NETWORK L.L.C
List Price
$309,900
Sold Price
$280,000
Premium/Discount to List
-$29,900
-9.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.19%
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
Olson Steven E $131,250 Attorney Only
Jennings William A $280,000 White Abstract & Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Steven E $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/06/2019 03/06/19 Sold $303,250 -5.2% $150 / Sq Ft
02/26/2019 02/26/19 Pending -- -- --
01/18/2019 01/18/19 For Sale $319,900 +14.3% $159 / Sq Ft
08/22/2016 08/22/16 Sold $280,000 -9.6% $139 / Sq Ft View Prior Sale
08/12/2016 08/12/16 Pending -- -- --
02/15/2016 02/15/16 For Sale $309,900 -- $154 / 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 $1,780 $420,300 $99,600 $320,700
2023 $1,589 $375,500 $99,600 $275,900
2022 $1,508 $297,000 $99,600 $197,400
2021 $1,369 $267,900 $99,600 $168,300
2020 $1,406 $255,800 $92,200 $163,600
2019 $1,174 $230,900 $83,000 $147,900
2018 $1,108 $225,600 $83,000 $142,600
2017 $1,047 $207,000 $83,000 $124,000
2016 $991 $207,000 $83,000 $124,000
2014 $1,066 $222,800 $87,600 $135,200
Source: Public Records

Agents Affiliated with this Home

  • Bart Hickman

    Seller's Agent in 2019

    Bart Hickman

    REAL ESTATE NETWORK L.L.C

    (574) 870-4269

    306 Total Sales

    Bart Hickman
    Section Image
  • Ryan Clemons

    Buyer's Agent in 2019

    Ryan Clemons

    Redlow Group

    (574) 808-9595

    206 Total Sales

    Ryan Clemons
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201902158

Indiana Regional MLS

APN: 91-83-33-000-004.700-010

Indiana White County Monticello 47960

5057 E Shady Point Dr, Monticello, IN

This home is located at 5057 E Shady Point Dr, Monticello, IN 47960 since 18 January 2019 and is currently estimated at $534,997, approximately $265 per square foot. This property was built in 1973. 5057 E Shady Point Dr is a home located in White County with nearby schools including North White Elementary School, North White Middle School, and North White Junior/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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