NOT LISTED FOR SALE

5182 Lower Gingrich Rd Monticello, IN 47960

Estimated Value: $530,000 - $636,000

3 Beds
2 Baths
1,405 Sq Ft
$421/Sq Ft Est. Value

Last Sold July 23, 2020

Last sale price $419,000 $298 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,355/month

62 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Pier or Dock
  • Custom Home
  • 50 Feet of Waterfront
  • Primary Bedroom Suite
  • Lake Property

About This Home

As of July 2020

Custom built 1,405 square foot lake level home on Lake Freeman with 3 bedrooms and 2 bathrooms.

Last Agent to Sell the Property

Gregory Vogel

VOGEL REAL ESTATE Listed on: 05/22/2020

Last Buyer's Agent

Gregory Vogel

VOGEL REAL ESTATE Listed on: 05/22/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,484

Year Built

  • Built in 2020

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x132
  • 50 Feet of Waterfront
  • Lake Front

Parking

  • 2 Car Attached Garage

Home Design

  • Custom Home
  • Craftsman Architecture
  • Stone Exterior Construction

Interior Spaces

  • 1,405 Sq Ft Home
  • 1-Story Property
  • Water Views
  • Fire and Smoke Detector
  • Disposal
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Outdoor Features

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

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 91-63-28-000-007.800-020

Community Details

Overview

  • Gingrich Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,484

Year Built

Built in 2020

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2020
  • Style: One Story
  • Architectural Style: Craftsman
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Gingrich 3rd Addition lot #8
  • Parcel Number ID: 91-63-28-000-007.800-020
  • Platted: Yes
  • Amenities: Detector-Smoke, Disposal, Main Level Bedroom Suite, Main Floor Laundry
  • New Construction: Custom
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2019
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1405
  • Total Finished Sq Ft: 1405
  • Above Grade Finished Sq Ft: 1405
  • Price Per Sq Ft: 298.22
  • Bedroom 1: Dimensions: 14x14, On Level: Main
  • Bedroom 2: Dimensions: 10x10, On Level: Main
  • Bedroom 3: Dimensions: 10x10, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Stone
  • Outbuilding1: None
  • Channel Canal Frontage: 50
  • Lake Type: Ski Lake
  • Water Features: Deeded, Pier/Dock
  • Water Frontage: 50
  • Water Name: Lake Freeman

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x22
  • Garage Sq Ft: 440
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: Regional
  • Water Utilities: Well
  • Water Type: Lake
  • Well Type: Private

Condo/Co-op/Association

  • Association Fees: 75
  • Other Fees Dollar: 100

Schools

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

Lot Info

  • Lot Description: 0-2.9999, Lake, Water View
  • Lot Dimensions: 50x132
  • Estimated Lot Sq Ft: 6534
  • Estimated Lot Size Acres: 0.15

Tax Info

  • Annual Taxes: 1484.48

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
May 22, 2020
Closed on
Jul 23, 2020
Sold by
Long and Stephanie
Bought by
Lahrman John D
Seller's Agent
Gregory Vogel
VOGEL REAL ESTATE
Buyer's Agent
Gregory Vogel
VOGEL REAL ESTATE
List Price
$419,000
Sold Price
$419,000
Current Estimated Value
$591,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,071
Avg. Annual Appreciation
6.75%

Purchase Details

Closed on
Jul 9, 2014
Sold by
Feaster Mary C
Bought by
Dudderar Karen Sue
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
Lahrman John D $175,000 Simplifile Lc E-Recording
Dudderar Karen Sue -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/23/2020 07/23/20 Sold $419,000 +249.2% $298 / Sq Ft
07/23/2020 07/23/20 Pending -- -- --
05/29/2020 05/29/20 Sold $120,000 -71.4% $281 / Sq Ft View Prior Sale
05/26/2020 05/26/20 Pending -- -- --
05/22/2020 05/22/20 For Sale $419,000 +189.2% $298 / Sq Ft
02/17/2020 02/17/20 Price Changed $144,900 -12.1% $339 / Sq Ft
10/16/2019 10/16/19 For Sale $164,900 -- $386 / 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 $3,057 $477,700 $121,200 $356,500
2023 $2,463 $429,400 $121,200 $308,200
2022 $2,339 $373,600 $121,200 $252,400
2021 $2,171 $342,400 $121,200 $221,200
2020 $714 $142,800 $109,200 $33,600
2019 $1,583 $137,300 $104,700 $32,600
2018 $1,484 $130,600 $104,700 $25,900
2017 $1,390 $130,500 $104,700 $25,800
2016 $1,350 $130,500 $104,700 $25,800
2014 $1,491 $132,600 $104,700 $27,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202028779

Indiana Regional MLS

APN: 91-63-28-000-007.800-020