NOT LISTED FOR SALE

5251 E 350 N Monticello, IN 47960

Estimated Value: $718,000 - $756,858

3 Beds
4 Baths
3,447 Sq Ft
$213/Sq Ft Est. Value

Last Sold August 11, 2023

Last sale price $699,900 $203 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,106/month

1 Day on Market

Highlights

  • 55 Feet of Waterfront
  • Primary Bedroom Suite
  • Lake Property
  • Pier or Dock
  • Open Floorplan
  • Traditional Architecture

About This Home

As of August 2023

Welcome to your lakeside haven on KEANS bay of Lake Shafer! Keans bay is most notable for a place to float and swim and is an idle zone area while only minutes to the main lake. This captivating two-story home, built in 2001, offers three bedrooms, 2 1/2 bathrooms, and an expansive 3,447 sq. ft. of exquisite living space. Prepare to be mesmerized by the floor-to-ceiling windows that provide breathtaking views of the glistening lake, flooding the home with an abundance of natural light. Step outside onto the lakeside deck, where you can bask in the serenity of the surroundings and indulge in stunning sunsets. The walkout basement offers endless possibilities for creating the perfect recreational space and includes a full bar. As a bonus, a permanent boat lift awaits to make your water adventures effortless. Immerse yourself in the beauty of Lake Shafer from the comfort of your own home. This lakeside gem delivers a harmonious blend of elegance, tranquility, and boundless recreational opportunities. Experience the ultimate lakeside lifestyle in this remarkable home that offers a front-row seat to the beauty of the lake.

Last Agent to Sell the Property

Bart Hickman

REAL ESTATE NETWORK L.L.C Brokerage Phone: 574-870-4269 Listed on: 07/14/2023

Last Buyer's Agent

Joe Martino

Martino Realty & Auctioneers - Monticello

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,613

Year Built

  • Built in 2001

Lot Details

  • 55 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Backs to Open Ground
  • Landscaped

HOA Fees

  • $10 per month

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Wet Bar
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Double Vanity

Finished Basement

  • Walk-Out Basement
  • 1 Bathroom in Basement

Outdoor Features

  • Sun Deck
  • Waterski or Wakeboard
  • Seawall
  • Lake Property
  • Lake, Pond or Stream
  • Balcony
  • Enclosed Patio or Porch

Schools

  • East Lawn Elementary School
  • Roosevelt Middle School
  • Twin Lakes High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well

Listing and Financial Details

  • Assessor Parcel Number 91-73-09-000-027.000-011

Community Details

Overview

  • $10 Other Monthly Fees
  • Wayside Lodge Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,613

Year Built

Built in 2001

Lot Details

0

HOA Fees

$10 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2001
  • Age: 22
  • Style: One and Half Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 10
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 4
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 2
  • Legal Description: Wayside Lodge Lot 14 & Pt Lt 19, Pt Lt 20, Pt Lt 16 & Vac Rdwy & Pt Walkway
  • Parcel Number ID: 91-73-09-000-027.000-011
  • Platted: Yes
  • Amenities: Balcony, Bar, Breakfast Bar, Ceiling-Cathedral, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Solid Surf, Deck Open, Deck on Waterfront, Disposal, Foyer Entry, Garage Door Opener, Kitchen Island, Landscaped, Open Floor Plan, Porch Enclosed, Twin Sink Vanity, Wet Bar, Main Level Bedroom Suite, Main Floor Laundry
  • Location: Lake
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 3447
  • Total Finished Sq Ft: 3447
  • Above Grade Finished Sq Ft: 2204
  • Below Grade Finished Sq Ft: 1243
  • Price Per Sq Ft: 317.56
  • Basement: Yes
  • Basement Foundation: Finished, Walk-Out Basement
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Gas Log, One
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood Floors, Tile, Vinyl
  • Living Great Room: Dimensions: 16x17, On Level: Main
  • Kitchen: Dimensions: 17x21, On Level: Main
  • Dining Room: Dimensions: 16x17, On Level: Main
  • Family Room: Dimensions: 30x26, On Level: Lower
  • Bedroom 1: Dimensions: 16x12, On Level: Main
  • Bedroom 2: Dimensions: 19x16, On Level: Upper
  • Bedroom 3: Dimensions: 16x12, On Level: Upper
  • Number Below Grade Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Number of Below Grade Half Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1243

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Shingle
  • Outbuilding1: Shed, Dimensions: 12x12
  • Lake Type: Ski Lake
  • Sea Wall Type: Steel
  • Water Features: Pier/Dock
  • Water Frontage: 55
  • Water Name: Lake Shafer

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 22x24
  • Garage Sq Ft: 528
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Conventional, Forced Air
  • Sewer: Public
  • Water Utilities: Well
  • Hvac: Zoned Air Condtioning, Zoned Heating
  • Water Type: Lake
  • Well Type: Private

Condo/Co-op/Association

  • Other Fee Description: SLFECC
  • Other Fees Dollar: 120

Schools

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

Lot Info

  • Lot Description: Waterfront, Lake, Waterfront-Medium Bank
  • Lot Dimensions: 71x146/IRR

Tax Info

  • Annual Taxes: 2612.6
  • Exemptions: Homestead, Mortgage

Multi Family

  • Water Access: Bayfront

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
Jul 14, 2023
Closed on
Aug 11, 2023
Sold by
Rossi Michelle A
Bought by
Mckean John A
Seller's Agent
Bart Hickman
REAL ESTATE NETWORK L.L.C
Buyer's Agent
Joe Martino
Martino Realty & Auctioneers - Monticello
List Price
$699,900
Sold Price
$699,900
Views
39
Current Estimated Value
$722,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,165
Avg. Annual Appreciation
1.43%

Purchase Details

Listed on
Apr 11, 2019
Closed on
Jun 5, 2019
Sold by
Ledbetter Ronald M and Ledbetter Anita L
Bought by
Arnold Rossi J
Seller's Agent
Bart Hickman
REAL ESTATE NETWORK L.L.C
Buyer's Agent
Bart Hickman
REAL ESTATE NETWORK L.L.C
List Price
$579,000
Sold Price
$510,000
Premium/Discount to List
-$69,000
-11.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.85%
Source: Public Records

Range of Values:

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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
Mckean John A $699,900 White County Abstract & Title
Arnold Rossi J -- Attorney Only
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2023 08/11/23 Sold $699,900 0.0% $203 / Sq Ft
07/15/2023 07/15/23 Pending -- -- --
07/14/2023 07/14/23 For Sale $699,900 +37.2% $203 / Sq Ft
06/05/2019 06/05/19 Sold $510,000 -11.9% $148 / Sq Ft
05/17/2019 05/17/19 Pending -- -- --
04/11/2019 04/11/19 For Sale $579,000 -- $168 / 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 $3,163 $594,500 $167,400 $427,100
2023 $2,703 $521,100 $167,400 $353,700
2022 $2,613 $456,800 $167,400 $289,400
2021 $2,502 $432,500 $167,400 $265,100
2020 $2,198 $383,400 $143,700 $239,700
2019 $1,791 $339,200 $122,200 $217,000
2018 $1,716 $333,300 $122,200 $211,100
2017 $1,566 $331,200 $122,200 $209,000
2016 $1,531 $331,200 $122,200 $209,000
2014 $1,642 $321,800 $107,800 $214,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202324690

Indiana Regional MLS

APN: 91-73-09-000-027.000-011