NOT LISTED FOR SALE

522 E Terrace Bay Ct Monticello, IN 47960

Estimated Value: $268,000 - $401,369

2 Beds
1.5 Baths
1,059 Sq Ft
$316/Sq Ft Est. Value

Last Sold July 10, 2017

Last sale price $304,000 $287 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,064/month

123 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Open Floorplan
  • Ranch Style House
  • Pier or Dock
  • Lake Property
  • Backs to Open Ground

About This Home

As of July 2017

MAIN LAKE FREEMAN ON TERRACE BAY CT, 2 BEDROOM, 1 1/2 BATH YEAR ROUND HOME WITH OPEN CONCEPT & AN AMAZING VIEW, THE BEST LOCATION AND EXTRA LOT ACROSS ROAD PLUS EXTRA STORAGE FEATURING A 2 CAR GARAGE & 2 SHEDS ! COVERED ELECTRIC BOAT LIFT WITH LARGE DECK RIGHT ON THE WATERFRONT & A VERY LARGE DECK OFF THE LIVING ROOM & BEDROOM ! ALL FURNISHINGS & PONTOON NEGOTIABLE. DON'T MISS SEEING THIS GREAT BUY ! CALL TODAY !

Last Agent to Sell the Property

Carol Disosway

REAL ESTATE NETWORK L.L.C Listed on: 02/23/2017

Last Buyer's Agent

Lawrence Moser

Twin Lakes Real Estate, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,500

Year Built

  • Built in 1974

Lot Details

  • 0.56 Acre Lot
  • 50 Feet of Waterfront
  • Lake Front
  • Backs to Open Ground
  • Landscaped

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,059 Sq Ft Home
  • Open Floorplan
  • Water Views
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Waterski or Wakeboard
  • Lake Property
  • Lake, Pond or Stream

Utilities

  • Window Unit Cooling System
  • Shared Well
  • Well

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 91-63-10-000-001.300-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,500

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1974
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: LAKERIES ADD LOT 34 & PT NW 10-26-03.44
  • Parcel Number ID: 91-63-10-000-001.300-020
  • Platted: Yes
  • Amenities: Landscaped, Open Floor Plan
  • Parcel Id2: 916310000007500020
  • Special Features: None

Interior Features

  • Total Sq Ft: 1059
  • Total Finished Sq Ft: 1059
  • Above Grade Finished Sq Ft: 1059
  • Basement Foundation: Crawl
  • Living Great Room: Dimensions: 16x26, On Level: Main
  • Kitchen: Dimensions: 10x15, On Level: Main
  • Bedroom 1: Dimensions: 12x12, On Level: Main
  • Bedroom 2: Dimensions: 11x12, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Wood
  • Roof Material: Asphalt
  • Outbuilding1: Outbuilding, Dimensions: 24x26
  • Lake Type: Ski Lake
  • Water Features: Pier/Dock
  • Water Frontage: 50
  • Water Name: Lake Freeman

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x18

Utilities

  • Cooling: Window
  • Heating Fuel: Electric
  • Sewer: Regional
  • Water Utilities: Well
  • Laundry: Dimensions: 10xMain, On Level: 7
  • Water Type: Lake
  • Well Type: Shared

Lot Info

  • Lot Description: Waterfront, Lake, Water View, Waterfront-Medium Bank
  • Lot Dimensions: 50 X 105 + .44 A
  • Estimated Lot Sq Ft: 24394
  • Estimated Lot Size Acres: 0.56

Tax Info

  • Annual Taxes: 2499.52
  • Exemptions: Homestead, Mortgage

Multi Family

  • Water Access: Lakefront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2017
Closed on
Jul 10, 2017
Sold by
Perez Michael P and Perez Janet B
Bought by
Hurd David S and Hurd Cheryl D
Seller's Agent
Carol Disosway
REAL ESTATE NETWORK L.L.C
Buyer's Agent
Lawrence Moser
Twin Lakes Real Estate, Inc
List Price
$324,900
Sold Price
$304,000
Premium/Discount to List
-$20,900
-6.43%
Current Estimated Value
$334,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,842
Avg. Annual Appreciation
1.17%
Original Mortgage
$242,000
Outstanding Balance
$127,979
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$206,863

Purchase Details

Closed on
Jun 29, 2012
Sold by
Woods Properties Inc
Bought by
Perez Michael P and Perez Janet B
Source: Public Records

Range of Values:

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Average Value
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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
Hurd David S $302,500 White Cnty Title Co
Perez Michael P $245,000 White Co Abstract & Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hurd David S $242,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2017 07/10/17 Sold $304,000 -6.4% $287 / Sq Ft
06/26/2017 06/26/17 Pending -- -- --
02/23/2017 02/23/17 For Sale $324,900 -- $307 / 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 $3,641 $299,400 $110,600 $188,800
2023 $3,115 $270,400 $110,600 $159,800
2022 $2,775 $239,000 $110,600 $128,400
2021 $2,664 $224,200 $110,600 $113,600
2020 $2,460 $204,900 $99,600 $105,300
2019 $2,281 $197,900 $95,500 $102,400
2018 $2,020 $177,700 $95,500 $82,200
2017 $816 $177,000 $95,500 $81,500
2016 $798 $177,000 $95,500 $81,500
2014 $906 $184,000 $95,500 $88,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201707164

Indiana Regional MLS

APN: 91-63-10-000-007.500-020