NOT LISTED FOR SALE

5240 E Wenz Dr Monticello, IN 47960

Estimated Value: $570,000 - $819,000

4 Beds
3 Baths
2,738 Sq Ft
$264/Sq Ft Est. Value

Last Sold December 08, 2023

Last sale price $450,000 $164 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $4,055/month

52 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Open Floorplan
  • 2 Car Detached Garage
  • Pier or Dock
  • Lake Property
  • Patio

About This Home

As of December 2023

Welcome to your dream getaway—a stunning, full package 4-bedroom, 3-bathroom lake house that combines the serenity of nature with the comforts of modern living. Nestled on the picturesque shores of Lake Shafer. This exquisite retreat offers an escape from the hustle and bustle of everyday life. As you step into the inviting foyer, you are greeted by an open-concept living area, adorned with a beautiful fireplace, dining area and tastefully updated, fully equipped kitchen. This lake house boasts four well-appointed bedrooms, each designed to provide utmost comfort and tranquility. The master suite is a serene oasis, offering lake views and and elegantly updated master bath. The remaining bedrooms offer a variety of sleeping arrangements and share access to elegantly designed bathrooms, ensuring that everyone has their own space to unwind. As you make your way downstairs from the main living area, you’re greeted with a second living space and additional full bath. Stepping outside, the lake house truly comes alive, with a spacious patio that overlooks the shimmering waters and privately owned dock. Here, you'll find a comfortable outdoor seating area, perfect for enjoying your morning coffee or hosting a sunset gathering complete with a hot tub.

Last Agent to Sell the Property

Gina Key

The Hardie Group Brokerage Phone: 765-457-7214 Listed on: 09/20/2023

Last Buyer's Agent

Cody Miller

Raeco Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,244

Year Built

  • Built in 1965

Lot Details

  • 0.77 Acre Lot
  • Lot Dimensions are 50 x 250
  • 50 Feet of Waterfront
  • Lake Front

Parking

  • 2 Car Detached Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Living Room with Fireplace

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Partially Finished Basement

  • Walk-Out Basement
  • 1 Bathroom in Basement

Outdoor Features

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

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 91-73-09-000-011.800-011

Community Details

Overview

  • Wenz Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,244

Year Built

Built in 1965

Lot Details

0.77 Acres

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1965
  • Style: One Story
  • Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Out SE SW 09-27-03 .27
  • Parcel Number ID: 91-73-09-000-011.800-011
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Open Floor Plan, Patio Open
  • Location: Lake
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2738
  • Total Finished Sq Ft: 2738
  • Above Grade Finished Sq Ft: 2090
  • Below Grade Finished Sq Ft: 648
  • Basement: Yes
  • Basement Foundation: Partial Basement, Walk-Out Basement
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Tile
  • Living Great Room: Dimensions: 22x22, On Level: Main
  • Kitchen: Dimensions: 14x11, On Level: Main
  • Dining Room: Dimensions: 11x9, On Level: Main
  • Family Room: Dimensions: 24x19, On Level: Lower
  • Bedroom 1: Dimensions: 12x13, On Level: Main
  • Bedroom 2: Dimensions: 12x13, On Level: Main
  • Bedroom 3: Dimensions: 20x11, On Level: Main
  • Bedroom 4: Dimensions: 14x10, On Level: Main
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 648

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Water Features: Pier/Dock
  • Water Frontage: 50
  • Water Name: Lake Shafer

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x30
  • Garage: Yes

Utilities

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

Schools

  • Elementary School: Oaklawn

Lot Info

  • Lot Description: Waterfront
  • Lot Dimensions: 50 x 250
  • Estimated Lot Sq Ft: 33541
  • Estimated Lot Size Acres: 0.77

Tax Info

  • Annual Taxes: 3244

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
Sep 20, 2023
Closed on
Dec 8, 2023
Sold by
Storacko Victoria L
Bought by
Nekola Ryan M and Nekola Genevieve B
Seller's Agent
Gina Key
The Hardie Group
Buyer's Agent
Cody Miller
Raeco Realty
List Price
$535,000
Sold Price
$450,000
Premium/Discount to List
-$85,000
-15.89%
Views
104
Current Estimated Value
$723,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,748
Avg. Annual Appreciation
24.23%

Purchase Details

Closed on
Apr 19, 2022
Sold by
Charles Stevenson John
Bought by
Victoria Storako

Purchase Details

Listed on
May 22, 2013
Closed on
Jan 10, 2014
Sold by
Pickering James J
Bought by
Pickering Jason D
Seller's Agent
Bart Hickman
REAL ESTATE NETWORK L.L.C
Buyer's Agent
Becky White
Keller Williams Monticello
List Price
$305,000
Sold Price
$305,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.40%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Nekola Ryan M $450,000 Metropolitan Title Company
Victoria Storako -- Loy Law Officee
Pickering Jason D -- White County Abstract & Title
Stevenson John C $305,000 White County Abstract & Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/08/2023 12/08/23 Sold $450,000 -9.1% $164 / Sq Ft
11/11/2023 11/11/23 Pending -- -- --
10/30/2023 10/30/23 Price Changed $495,000 -7.5% $181 / Sq Ft
09/20/2023 09/20/23 For Sale $535,000 +75.4% $195 / Sq Ft
01/10/2014 01/10/14 Sold $305,000 0.0% $111 / Sq Ft View Prior Sale
12/18/2013 12/18/13 Pending -- -- --
05/22/2013 05/22/13 For Sale $305,000 -- $111 / Sq Ft
Source: Indiana Regional MLS

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 $3,925 $396,800 $137,300 $259,500
2023 $3,586 $353,000 $137,300 $215,700
2022 $3,245 $314,600 $137,300 $177,300
2021 $3,300 $299,200 $137,300 $161,900
2020 $2,680 $251,600 $104,600 $147,000
2019 $2,412 $236,700 $104,600 $132,100
2018 $2,323 $232,000 $104,600 $127,400
2017 $2,116 $226,500 $104,600 $121,900
2016 $2,054 $226,500 $104,600 $121,900
2014 $1,982 $214,400 $91,100 $123,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202334312

Indiana Regional MLS

APN: 91-73-09-000-011.800-011

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