NOT LISTED FOR SALE

5399 E 600 N Monticello, IN 47960

Estimated Value: $262,000 - $385,000

3 Beds
2 Baths
1,056 Sq Ft
$288/Sq Ft Est. Value

Last Sold October 20, 2023

Last sale price $253,000 $240 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,833/month

10 Days on Market

Highlights

  • 45 Feet of Waterfront
  • Lake Property
  • Forced Air Heating System
  • Pier or Dock
  • 1-Story Property
  • Sun Deck

About This Home

As of October 2023

Welcome to lake life! Here’s your rare opportunity, affordably priced and situated in a prime Lake Shafer location. This 3 bed, 2 bath, year-round lake cottage awaits its lucky new owners. Inside offers a spacious concept, with an oversized en-suite master bedroom, and plenty of lakeside windows off the living and dining room. The exterior serves as an entertainment paradise featuring multiple decks overlooking the water, and a new boathouse, swim deck, and party deck. Other exterior features include a new roof, steel seawall, and shed for additional storage. Perfectly located between the calmer northern waters and the busier southern main lake waters. Great opportunity to build sweat equity with some TLC. Furnishings negotiable. Inspections welcome but selling as-is. Priced to sell. See it today to make it yours!

Last Listed By

Cody Miller

Redlow Group Listed on: 10/03/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,022

Year Built

  • Built in 1942

Lot Details

  • 7,884 Sq Ft Lot
  • Lot Dimensions are 45x175
  • 45 Feet of Waterfront
  • Lake Front

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,056 Sq Ft Home
  • 1-Story Property
  • Water Views
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

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

Schools

  • North White Primary Elementary School
  • North White Middle School
  • North White High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 91-83-28-000-019.300-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,022

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1942
  • Age: 81
  • Style: One Story
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: ALBERTSONS 3RD BLUE BELL PARK LOT 8 EX 5' OFF E/S
  • Parcel Number ID: 91-83-28-000-019.300-010
  • Platted: Yes
  • Amenities: Deck Open, Deck on Waterfront
  • Sp Lp Percent: 93.74
  • Year Taxes Payable: 1760.94
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1056
  • Total Finished Sq Ft: 1056
  • Above Grade Finished Sq Ft: 1056
  • Price Per Sq Ft: 239.58
  • Basement Foundation: Crawl
  • Living Great Room: Dimensions: 13x15, On Level: Main
  • Kitchen: Dimensions: 12x9, On Level: Main
  • Dining Room: Dimensions: 7x8, On Level: Main
  • Bedroom 1: Dimensions: 16x11, On Level: Main
  • Bedroom 2: Dimensions: 15x9, On Level: Main
  • Bedroom 3: Dimensions: 7x10, On Level: Main
  • Other Room1: Entry, Dimensions: 9x7
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: Shed, Dimensions: 10x12
  • Lake Type: Ski Lake
  • Water Features: Pier/Dock
  • Water Frontage: 45
  • Water Name: Lake Shafer

Utilities

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

Schools

  • School District: North White School Corp.
  • Elementary School: North White Primary
  • Middle School: North White
  • High School: North White
  • Elementary School: North White Primary

Lot Info

  • Lot Description: Waterfront, Lake, Water View, Waterfront-Medium Bank
  • Lot Dimensions: 45x175
  • Estimated Lot Sq Ft: 7884
  • Estimated Lot Size Acres: 0.181

Tax Info

  • Annual Taxes: 2022

Multi Family

  • Water Access: Lakefront

MLS Schools

  • High School: North White
  • Middle School: North White
  • School District: North White School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2023
Closed on
Oct 20, 2023
Sold by
Hill Richard J
Bought by
Commercial Real Estate Llc
Seller's Agent
Cody Miller
Redlow Group
Buyer's Agent
Jill Coble
REAL ESTATE NETWORK L.L.C
List Price
$269,900
Sold Price
$253,000
Premium/Discount to List
-$16,900
-6.26%
Total Days on Market
10
Views
55
Current Estimated Value
$304,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,119
Avg. Annual Appreciation
12.69%

Purchase Details

Listed on
Jul 6, 2016
Closed on
Nov 2, 2016
Sold by
Tomlinson Jessie R
Bought by
Hill Richard J
Seller's Agent
Sean Dekker
REAL ESTATE NETWORK L.L.C
Buyer's Agent
Jeffrey W Bossung
VOGEL REAL ESTATE
List Price
$145,000
Sold Price
$114,800
Premium/Discount to List
-$30,200
-20.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.00%

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Commercial Real Estate Llc $253,000 Metropolitan Title Company
Hill Richard J $114,000 White County Abstract & Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2023 10/20/23 Sold $253,000 -6.3% $240 / Sq Ft
10/13/2023 10/13/23 Pending -- -- --
10/03/2023 10/03/23 For Sale $269,900 +135.1% $256 / Sq Ft
11/02/2016 11/02/16 Sold $114,800 -20.8% $109 / Sq Ft
10/24/2016 10/24/16 Pending -- -- --
07/06/2016 07/06/16 For Sale $145,000 -- $137 / 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 $1,761 $215,500 $114,600 $100,900
2023 $1,749 $201,300 $114,600 $86,700
2022 $1,761 $176,500 $114,600 $61,900
2021 $1,681 $164,000 $114,600 $49,400
2020 $1,617 $144,200 $96,300 $47,900
2019 $1,391 $130,000 $86,700 $43,300
2018 $1,346 $128,600 $86,700 $41,900
2017 $1,394 $124,300 $86,700 $37,600
2016 $1,274 $124,300 $86,700 $37,600
2014 $1,241 $133,100 $91,500 $41,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Similar Homes in Monticello, IN

  • 5773 E St Johns Ave, Monticello, IN 47960

    $339,900

    • 3 Beds
    • 2 Baths
    • 1,350 Sq Ft
    • 5773 E St Johns Ave
    • Monticello, IN

    Introducing an exciting new construction in the picturesque Meadowbrook neighborhood of Monticello! This brand-new build promises to be a stunning addition to this idyllic community and is ready for it's new owners. Don't miss your chance to be a part of this exciting project in Meadowbrook!

    Cathy Russell @properties

    Section Image
  • 5124 N Point Park Ct, Monticello, IN 47960

    $319,900

    • 3 Beds
    • 2 Baths
    • 2,292 Sq Ft
    • 5124 N Point Park Ct
    • Monticello, IN

    Updated and all new!! This beautiful home has been completely updated included the roof, siding, HVAC, new well and all rooms!! The large living and dining space will amaze you. Be sure to check out the water views from the kitchen and breakfast nook. The detached garage has a nice workshop area. This property us a must see!! You can even see the water! This is a FannieMae homepath

    Rebecca Rush BerkshireHathaway HS IN Realty

    Section Image
  • 6062 N Lake Road 67 E, Monticello, IN 47960

    $325,000

    • 3 Beds
    • 2 Baths
    • 1,173 Sq Ft
    • 6062 N Lake Road 67 E
    • Monticello, IN

    Live the lake dream NOW. Spend time on the water, not fixing things. Built in 2022, this beautiful ranch on 2.5 lots has it all and includes a new dock! Whirlpool appliances, a gorgeous apoxy island, SmartThings W & D, Smart thermostat and security with audio and visual. Upgraded lighting. If you want or need to work from home theres a clever space for that too. Ring doorbell and the security

    Pamela Simons Koppelmann Real Estate

    Section Image
  • 75 N West Shafer Dr, Monticello, IN 47960

    $364,750

    • 3 Beds
    • 2 Baths
    • 1,980 Sq Ft
    • 75 N West Shafer Dr
    • Monticello, IN

    Nearly Finished Brand New Construction 3 bedroom 2 full bath 1,980 sqft. Ranch Style home on Tippecanoe Country Club Back Nine with direct view of #15 Green, View of #7 Fairway, close access to Practice Area. Close proximity to Lake Shafer and Amusement Park. Main Bedroom Suite will have a tiled shower. Living Room with Vaulted Ceilings, fireplace for chilly evenings. Kitchen will have quartz

    Gregory Vogel VOGEL REAL ESTATE

    Section Image
  • 5053 E Robin Ct, Monticello, IN 47960

    $305,000

    • 2 Beds
    • 1 Bath
    • 876 Sq Ft
    • 5053 E Robin Ct
    • Monticello, IN

    Nestled at the end of a quiet lane, this solid lake home offers an ideal setting for creating lasting memories with family and friends. Imagine unwinding in the lakeside enclosed porch after a day of fun in the sun, enjoying picturesque lake views. The property features a newer steel seawall and retaining wall, along with a pier that's even popular with the neighborhood swans. For all your

    Christine Thayer REAL ESTATE NETWORK L.L.C

    Section Image
  • 4869 Timberline Ct, Monticello, IN 47960

    $375,000

    • 3 Beds
    • 2 Baths
    • 1,792 Sq Ft
    • 4869 Timberline Ct
    • Monticello, IN

    Beautifully maintained 3-bedroom, 2-bath lakefront home located in a quiet neighborhood on the Big Monon. Nestled on a professionally landscaped lot with 75 feet of waterfront, this property features a steel sea wall, permanent electric covered boat lift with overhead storage, and a waterfront Trex deck with a lighted staircase from the home down to the dock. The shoreline is perfect for

    Ryan Clemons Redlow Group

    Section Image
  • 3964 N Lake Road 24 E, Monticello, IN 47960

    $299,900

    • 3 Beds
    • 2 Baths
    • 1,504 Sq Ft
    • 3964 N Lake Road 24 E
    • Monticello, IN

    Remodeled lake home on Keen's Creek. 3 bedrooms and 2 baths are just the tip of what this lake home has to offer. An updated roof, plumbing, electrical and furnace. New flooring paint and retaining wall. There is also a building down by the waters edge that could be used for entertaining as well as storage for all of your water toys. You also get 65' of water frontage to enjoy the water.

    Jeffrey W Bossung VOGEL REAL ESTATE

    Section Image
  • 6019 E Liberty Dr, Monticello, IN 47960

    $275,000

    • 3 Beds
    • 1.5 Baths
    • 1,560 Sq Ft
    • 6019 E Liberty Dr
    • Monticello, IN

    Welcome to your dream lakefront getaway on beautiful Lake Shafer, just a short boat ride from the fun and excitement of Indiana Beach! This rare package includes two lake homes and a spacious 30' x 40' pole barn—all for the price of one. The primary home, built in 2003, features 3 bedrooms and 1.5 baths, plus a walk-out basement filled with natural light—perfect for entertaining, complete with a

    Elizabeth Hobbs Keller Williams Lafayette

    Section Image
  • 3503 E Parses Rd, Monticello, IN 47960

    $270,000

    • 2 Beds
    • 2 Baths
    • 1,500 Sq Ft
    • 3503 E Parses Rd
    • Monticello, IN

    OPEN HOUSE 05/10/25 11AM- 1PM!!!!This one-of-a-kind custom-built , 2 bed 2 bath home has been completely remodeled within the last five years and offers a unique layout perfect for comfort and functionality. The main level features a private ensuite master retreat complete with a large walk-in closet, beautifully tiled walk-in shower, and a convenient laundry room. Head upstairs to the main

    Garrett Criswell Redlow Group

    Section Image

Source: Indiana Regional MLS

MLS Number: 202336171

Indiana Regional MLS

APN: 91-83-28-000-019.300-010