NOT LISTED FOR SALE

5236 Lower Gingrich Rd Monticello, IN 47960

Estimated Value: $563,000 - $718,224

2 Beds
2 Baths
1,679 Sq Ft
$387/Sq Ft Est. Value

Last Sold August 07, 2020

Last sale price $459,900 $274 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,695/month

30 Days on Market

Highlights

  • 94 Feet of Waterfront
  • Primary Bedroom Suite
  • Lake Property
  • Pier or Dock
  • Open Floorplan
  • Vaulted Ceiling

About This Home

As of August 2020

MIDWEST MARGARITAVILLE ON LAKE FREEMAN! The summer party starts here with this fantastic home and it's amenities all located on this prime lake level Freeman lot. The interior's open concept features a master bed/bath with lake views on one side and another lake-view master bed/bath on the other. Open, contemporary kitchen with granite counter-tops across from the wine/wet bar with matching granite. Take the party outside courtesy of the 43 x 26 waterfront no-maintenance deck covering the permanent pontoon, ski boat, and double jet-ski lifts along with the boat-house barroom designed for good times and tons of fun. On the back-end you'll find the 40 x 34 3+ car heated garage with a 1/2 bath already prepped for hook-up. Metal roof, Central Air and Furnace all new within past 10 years and the rest of the home has been very well cared for. All you need is cheeseburgers because the rest is paradise!

Last Agent to Sell the Property

Sean Dekker

REAL ESTATE NETWORK L.L.C Listed on: 06/29/2020

Last Buyer's Agent

Bart Hickman

REAL ESTATE NETWORK L.L.C

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,051

Year Built

  • Built in 1979

Lot Details

  • Lot Dimensions are 94 x 154
  • 94 Feet of Waterfront
  • Lake Front
  • Backs to Open Ground
  • Level Lot

HOA Fees

  • $5 Monthly HOA Fees

Parking

  • 3 Car Detached Garage
  • Heated Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Ranch Style House
  • Metal Roof
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,679 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Utility Room in Garage
  • Laundry on main level
  • Water Views
  • Crawl Space
  • Stone Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower

Outdoor Features

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

Listing and Financial Details

  • Assessor Parcel Number 91-63-27-000-004.000-020

Community Details

Overview

  • Gingrich Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,051

Year Built

Built in 1979

Lot Details

0

HOA Fees

$5 per month

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1979
  • Age: 41
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 6
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: GINGRICH ADD LOT 57 EX 1' W/S
  • Parcel Number ID: 91-63-27-000-004.000-020
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Bar, Ceiling-9+, Ceiling Fan(s), Ceilings-Vaulted, Closet(s) Walk-in, Countertops-Stone, Deck Open, Deck on Waterfront, Garage Door Opener, Open Floor Plan, Porch Covered, Rough-In Bath, Skylight(s), Split Br Floor Plan, Wet Bar, Stand Up Shower, Main Level Bedroom Suite, Garage-Heated, Main Floor Laundry, Garage Utilities
  • Location: Lake
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2019 PAY 2020
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1679
  • Total Finished Sq Ft: 1679
  • Above Grade Finished Sq Ft: 1679
  • Price Per Sq Ft: 273.91
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Gas Log
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Living Great Room: Dimensions: 21x23, On Level: Main
  • Kitchen: Dimensions: 14x15, On Level: Main
  • Extra Room: BOATHOUSE BAR, Dimensions: 17x14, On Level: Lower
  • Bedroom 1: Dimensions: 16x11, On Level: Main
  • Bedroom 2: Dimensions: 14x12, On Level: Main
  • Other Room1: Wet Bar, Dimensions: 8x7, On Level: Main
  • Other Room 2: BOATHOUSE BAR STORAGE, Dimensions: 14x5, On Level: Lower
  • Other Room 3: Walk in Closet, Dimensions: 8x7, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Stone, Vinyl
  • Roof Material: Metal
  • Outbuilding1: Shed, Dimensions: 8x5
  • Lake Type: Ski Lake
  • Sea Wall Type: Steel
  • Water Features: Pier/Dock
  • Water Frontage: 94
  • Water Name: Lake Freeman

Garage/Parking

  • Driveway: Asphalt, Concrete
  • Garage Type: Detached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 34x40
  • Garage Sq Ft: 1360
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Regional
  • Water Utilities: Well
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Cable Company: Comcast
  • Laundry: Dimensions: Mainx7, On Level: 8
  • Water Type: Lake
  • Well Type: Private

Condo/Co-op/Association

  • Association Fees: 60
  • Association Fees Frequency: Annually

Schools

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

Lot Info

  • Lot Description: Level, Waterfront, Flood Plain, Lake, Water View, Waterfront-Level Bank
  • Lot Dimensions: 94 x 154

Tax Info

  • Annual Taxes: 4051.4

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
Jun 29, 2020
Closed on
Aug 7, 2020
Sold by
Salm1971 Fam Tr-Trust No
Bought by
Schwartz Jay A
Seller's Agent
Sean Dekker
REAL ESTATE NETWORK L.L.C
Buyer's Agent
Bart Hickman
REAL ESTATE NETWORK L.L.C
List Price
$459,900
Sold Price
$459,900
Current Estimated Value
$650,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,175
Avg. Annual Appreciation
6.96%
Original Mortgage
$413,900
Outstanding Balance
$367,836
Interest Rate
3.1%
Mortgage Type
Construction
Estimated Equity
$282,239
Source: Public Records

Range of Values:

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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
Schwartz Jay A $459,900 Simplifile Lc E-Recording
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwartz Jay A $413,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2020 08/07/20 Sold $459,900 0.0% $274 / Sq Ft
07/29/2020 07/29/20 Pending -- -- --
06/29/2020 06/29/20 For Sale $459,900 -- $274 / 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 $3,358 $520,000 $163,900 $356,100
2023 $2,691 $463,100 $163,900 $299,200
2022 $2,539 $405,300 $163,900 $241,400
2021 $2,402 $376,800 $163,900 $212,900
2020 $2,300 $361,200 $163,900 $197,300
2019 $4,051 $351,500 $157,100 $194,400
2018 $3,572 $314,300 $157,100 $157,200
2017 $3,316 $311,200 $157,100 $154,100
2016 $3,222 $311,400 $157,100 $154,300
2014 $3,388 $324,700 $157,100 $167,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202025035

Indiana Regional MLS

APN: 91-63-27-000-004.000-020