$849,900
$145K PRICE DROP

5413 E Fairbanks Ct Monticello, IN 47960

Estimated payment $4,986/month

Total Views 55,386
4 Beds
3 Baths
4,236 Sq Ft
$201 Price per Sq Ft

Highlights

  • 103 Feet of Waterfront
  • Parking available for a boat
  • Lake Property
  • Pier or Dock
  • Primary Bedroom Suite
  • Vaulted Ceiling

About This Home

Best Views on Lake Shafer with 103' of Main Lake Frontage. 4 bed/3 bath ranch w/walkout basement to Lake. Vaulted living room ceilings main level, open kitchen/dining area. Lake views from nearly every room, wrap around deck off main level. Hardwood flooring, 6 panel oak doors, crown molding, tiled bathroom with jacuzzi tub. Basement has living areas, built-in cabinetry, wet bar. Main Bedroom has access to Lakeside composite deck, 10x8 walk-in closet, full bathroom. Laundry area has a folding table and built-in shelving. Lakeside improvements include; fresh paint on piers, new wooden stairs to deck over boatlift, 2 bay permanent boatlift with pwc ramp and 30x30 composite deck up top for viewing lake activity. 36x48 Det. Garage and 3 lots (includes 3/16th Interest in Lake Easement) can be purchased also with the house for an additional $200,000.

Listing Agent

Gregory Vogel

VOGEL REAL ESTATE Brokerage Email: gvogeljr@vogel-real-estate.com Listed on: 07/31/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,568

Year Built

  • Built in 1980

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 103x142x124x140
  • 103 Feet of Waterfront
  • Lake Front
  • Landscaped
  • Sloped Lot
  • Property is zoned R-2 Single & Two-family Residential District

HOA Fees

  • $10 per month

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking available for a boat

Home Design

  • Ranch Style House
  • Walk-Out Ranch
  • Brick Exterior Construction
  • Shingle Roof
  • Stone Exterior Construction

Interior Spaces

  • Wet Bar
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan

Kitchen

  • Kitchenette
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Soaking Tub

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • 1 Bathroom in Basement
  • 2 Bedrooms in Basement

Eco-Friendly Details

  • Energy-Efficient HVAC

Outdoor Features

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

Schools

  • Meadowlawn Elementary School
  • Roosevelt Middle School
  • Twin Lakes High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 91-73-16-000-015.600-020

Community Details

Overview

  • $10 Other Monthly Fees
  • Beachview Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,568

Year Built

Built in 1980

Lot Details

0

HOA Fees

$10 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1980
  • Age: 45
  • Style: One Story
  • Architectural Style: Ranch, Walkout Ranch
  • Total Number of Rooms: 12
  • Total Number of Rooms Below Grade: 6
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: BEACHVIEW SUB LOT 10
  • Parcel Number ID: 91-73-16-000-015.600-020
  • Platted: Yes
  • Amenities: Cable Ready, Ceiling-9+, Ceiling Fan(s), Ceilings-Vaulted, Countertops-Solid Surf, Crown Molding, Deck Open, Deck on Waterfront, Garage Door Opener, Landscaped, Six Panel Doors, Wet Bar, Kitchenette, Main Level Bedroom Suite
  • Location: Lake
  • Number Below Grade Bedrooms: 2
  • County Zoning: R-2 Single & Two-family Residential District
  • Year Taxes Payable: 2025
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 4320
  • Total Finished Sq Ft: 4236
  • Above Grade Finished Sq Ft: 2352
  • Below Grade Finished Sq Ft: 1884
  • Below Grade Sq Ft: 84
  • Price Per Sq Ft: 361.35
  • Basement: Yes
  • Basement Foundation: Full Basement, Walk-Out Basement
  • Flooring: Hardwood Floors, Carpet, Tile
  • Living Great Room: Dimensions: 23x23, On Level: Main
  • Kitchen: Dimensions: 21x16, On Level: Main
  • Dining Room: Dimensions: 12x23, On Level: Main
  • Family Room: Dimensions: 20x23, On Level: Lower
  • Den: Dimensions: 10x15, On Level: Lower
  • Extra Room: office, Dimensions: 8x9
  • Bedroom 1: Dimensions: 15x14, On Level: Main
  • Bedroom 2: Dimensions: 15x14, On Level: Main
  • Bedroom 3: Dimensions: 16x12, On Level: Lower
  • Bedroom 4: Dimensions: 16x11, On Level: Lower
  • Other Room1: basement kitchen, Dimensions: 9x10, On Level: Lower
  • Other Room 2: basement pool room, Dimensions: 12x22, On Level: Lower
  • Main Level Sq Ft: 2352
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1968

Exterior Features

  • Exterior: Brick, Stone
  • Roof Material: Shingle
  • Outbuilding1: None
  • Channel Canal Frontage: 103
  • Lake Type: Ski Lake
  • Sea Wall Type: Steel, Wood
  • Water Features: Pier/Dock, Boat Lot
  • Water Frontage: 103
  • Water Name: Lake Shafer

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 26x24
  • Garage Sq Ft: 624
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Conventional, Forced Air
  • Sewer: Regional
  • Water Utilities: City
  • Cable Company: Comcast/Xfinity
  • Laundry: Dimensions: Mainx8, On Level: 13
  • Water Type: Lake

Condo/Co-op/Association

  • Other Fee Description: shorefront
  • Other Fees Dollar: 125

Schools

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

Lot Info

  • Lot Description: Slope, Waterfront, 0-2.9999, Lake, Waterfront-Medium Bank
  • Lot Dimensions: 103x142x124x140
  • Estimated Lot Sq Ft: 15682
  • Estimated Lot Size Acres: 0.36

Green Features

  • Energy Efficient: HVAC

Tax Info

  • Annual Taxes: 4568.28

Multi Family

  • Water Access: Lakefront

MLS Schools

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,568 $684,300 $139,600 $544,700
2023 $4,158 $684,300 $139,600 $544,700
2022 $3,761 $571,000 $139,600 $431,400
2021 $3,217 $483,500 $139,600 $343,900
2020 $2,956 $445,600 $139,600 $306,000
2019 $2,472 $395,100 $131,800 $263,300
2018 $2,423 $395,100 $131,800 $263,300
2017 $2,214 $391,200 $131,800 $259,400
2016 $2,187 $394,600 $131,800 $262,800
2014 $2,664 $440,800 $175,800 $265,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 Price Changed $849,900 -5.6% $201 / Sq Ft
03/04/2025 03/04/25 Price Changed $899,900 -2.2% $212 / Sq Ft
01/16/2025 01/16/25 Price Changed $919,900 -1.1% $217 / Sq Ft
09/03/2024 09/03/24 Price Changed $929,900 -6.5% $220 / Sq Ft
07/31/2024 07/31/24 For Sale $994,900 -- $235 / Sq Ft
Source: Indiana Regional MLS

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Source: Indiana Regional MLS

MLS Number: 202428632

Indiana Regional MLS

APN: 91-73-16-000-015.600-020