NOT LISTED FOR SALE

5070 E Bay Front Ct Monticello, IN 47960

Estimated Value: $310,000 - $423,000

3 Beds
2 Baths
1,736 Sq Ft
$216/Sq Ft Est. Value

Last Sold May 01, 2024

Last sale price $330,000 $190 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,202/month

191 Days on Market

Highlights

  • 60 Feet of Waterfront
  • Lake Property
  • Vaulted Ceiling
  • Open Floorplan
  • Living Room with Fireplace
  • Backs to Open Ground

About This Home

As of May 2024

Nestled along the shores of the ever-popular Keans Bay on Lake Shafer, this residence boasts stunning bay and main lake vistas. With 3 bedrooms, 2 bathrooms, and a generous 2100 square feet, the home exudes charm at every turn. Inside, an inviting open-concept floor plan, gleaming hardwood floors, 2 cozy fireplaces, updated bathrooms, vaulted ceilings, and an excellent entertainment space create a warm and welcoming atmosphere. The fully finished basement, complete with a family room, adds to the allure. Situated on a medium/low bank lot, the property spans 60 feet of waterfront and features concrete stairs leading down to a concrete seawall/patio. Keans Bay itself is a haven for safe swimming and leisurely floating. This location offers the best of both worlds, combining the tranquility of the wake-free bay with quick access to the main lake, just seconds away.

Last Agent to Sell the Property

Ryan Clemons

Redlow Group Listed on: 10/18/2023

Co-Listed By

Michael Sims

Redlow Group

Last Buyer's Agent

Nichole Barnett

Listing Leaders

Listing Leaders

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,097

Year Built

  • Built in 1950

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 60x175
  • 60 Feet of Waterfront
  • Lake Front
  • Backs to Open Ground

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Water Views
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Outdoor Features

  • Seawall
  • Lake Property
  • Lake, Pond or Stream
  • Patio
  • Porch

Schools

  • Oaklawn 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

Community Details

  • Keans Bay Subdivision

Listing and Financial Details

  • Assessor Parcel Number 91-73-09-000-004.200-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,097

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1950
  • Age: 74
  • Style: One Story
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: KEANS BAY NORTH; LOT 17
  • Parcel Number ID: 91-73-09-000-004.200-011
  • Platted: Yes
  • Amenities: Ceiling-9+, Ceilings-Beamed, Ceilings-Vaulted, Deck Open, Eat-In Kitchen, Jet Tub, Open Floor Plan, Patio Open, Porch Open
  • Location: Lake
  • Sp Lp Percent: 94.31
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1736
  • Total Finished Sq Ft: 1736
  • Above Grade Finished Sq Ft: 868
  • Below Grade Finished Sq Ft: 868
  • Price Per Sq Ft: 380.18
  • Basement: Yes
  • Basement Foundation: Full Basement, Finished
  • Number Of Fireplaces: 2
  • Fireplace: Family Rm, Living/Great Rm, Gas Log, Two
  • Fireplace: Yes
  • Living Great Room: Dimensions: 19x14, On Level: Main
  • Kitchen: Dimensions: 13x12, On Level: Main
  • Family Room: Dimensions: 11x26, On Level: Main
  • Extra Room: Family Room 2, Dimensions: 13x30, On Level: Basement
  • Bedroom 1: Dimensions: 11x9, On Level: Main
  • Bedroom 2: Dimensions: 10x9, On Level: Main
  • Bedroom 3: Dimensions: 10x10, On Level: Basement
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 868

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None
  • Lake Type: Access to Ski Lake
  • Sea Wall Type: Concrete
  • Water Frontage: 60
  • Water Name: Lake Shafer

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Conventional, Forced Air
  • Sewer: Regional
  • Water Utilities: Well
  • Laundry: Dimensions: Basementx9, On Level: 7
  • Water Type: Lake
  • Well Type: Private

Condo/Co-op/Association

  • Other Fee Description: Water Front
  • Other Fees Dollar: 125

Schools

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

Lot Info

  • Lot Description: Waterfront, Lake, Water View, Waterfront-Medium Bank
  • Lot Dimensions: 60x175
  • Estimated Lot Sq Ft: 10454
  • Estimated Lot Size Acres: 0.24

Tax Info

  • Annual Taxes: 2097.04

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
Oct 18, 2023
Closed on
Apr 29, 2024
Sold by
Tribbett Robert D
Bought by
Brinkley Tina
Seller's Agent
Ryan Clemons
Redlow Group
Buyer's Agent
Nichole Barnett
Listing Leaders
List Price
$349,900
Sold Price
$330,000
Premium/Discount to List
-$19,900
-5.69%
Views
622
Current Estimated Value
$375,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,330
Avg. Annual Appreciation
9.22%
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
Brinkley Tina $330,000 Metropolitan Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2024 05/01/24 Sold $330,000 -5.7% $190 / Sq Ft
04/19/2024 04/19/24 For Sale $349,900 +6.0% $202 / Sq Ft
04/19/2024 04/19/24 Off Market $330,000 -- --
04/09/2024 04/09/24 For Sale $349,900 +6.0% $202 / Sq Ft
03/28/2024 03/28/24 Off Market $330,000 -- --
03/22/2024 03/22/24 Price Changed $349,900 -2.8% $202 / Sq Ft
10/18/2023 10/18/23 For Sale $359,900 -- $207 / 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 $2,516 $254,300 $91,800 $162,500
2023 $2,318 $228,200 $91,800 $136,400
2022 $2,097 $203,300 $91,800 $111,500
2021 $2,193 $194,100 $91,800 $102,300
2020 $1,858 $174,500 $81,900 $92,600
2019 $1,679 $164,800 $81,900 $82,900
2018 $1,617 $161,500 $81,900 $79,600
2017 $1,496 $160,100 $81,900 $78,200
2016 $1,476 $162,800 $81,900 $80,900
2014 $1,432 $154,900 $72,200 $82,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202338388

Indiana Regional MLS

APN: 91-73-09-000-004.200-011