NOT LISTED FOR SALE

5441 E Colonial Oaks Dr Monticello, IN 47960

Estimated Value: $388,000 - $509,000

3 Beds
2 Baths
1,488 Sq Ft
$296/Sq Ft Est. Value

Last Sold August 15, 2019

Last sale price $280,000 $188 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,625/month

77 Days on Market

Highlights

  • 65 Feet of Waterfront
  • Lake Property
  • Wood Flooring
  • Pier or Dock
  • Living Room with Fireplace
  • 2 Car Detached Garage

About This Home

As of August 2019

Well maintained walk-out ranch on beautiful Lake Freeman! This three bedroom, two bath home has two living areas, central air, hardwood floors and a rustic charm. Fantastic lake views with comfortable steps and a chair lift to the waterfront. Nice large deck and a patio just outside your living areas, plus a boatlift, two waverunner lifts and a shed for your waterfront toys. A two car garage offers additional storage. Most furnishings available outside of closing. Everything you need in a lake home is right here! Don't let this memory maker pass you by!

Last Agent to Sell the Property

Christine Thayer

REAL ESTATE NETWORK L.L.C Listed on: 05/20/2019

Last Buyer's Agent

Christine Thayer

REAL ESTATE NETWORK L.L.C Listed on: 05/20/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,019

Year Built

  • Built in 1964

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 65x216
  • 65 Feet of Waterfront
  • Lake Front
  • Property is zoned L-1 Lake District

Parking

  • 2 Car Detached Garage

Home Design

  • Walk-Out Ranch
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Electric Fireplace
  • Living Room with Fireplace

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Block Basement Construction
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Outdoor Features

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

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Shared Well
  • Well

Listing and Financial Details

  • Assessor Parcel Number 91-63-21-000-010.300-020

Community Details

Overview

  • Stahl Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,019

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1964
  • Age: 55
  • Style: Two Story
  • Architectural Style: Walkout Ranch
  • Total Number of Rooms: 8
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: STAHLS COLONIAL OAKS SUB 1 LOT 20
  • Parcel Number ID: 91-63-21-000-010.300-020
  • Platted: Yes
  • Amenities: Deck Open, Patio Open
  • Location: Lake
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 93.36
  • County Zoning: L-1 Lake District
  • Year Taxes Payable: 2019
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 1488
  • Total Finished Sq Ft: 1488
  • Above Grade Finished Sq Ft: 912
  • Below Grade Finished Sq Ft: 576
  • Price Per Sq Ft: 307.02
  • Basement: Yes
  • Basement Foundation: Finished, Partial Basement
  • Basement Material: Block
  • Fireplace: Living/Great Rm, Electric
  • Flooring: Hardwood Floors, Tile
  • Living Great Room: Dimensions: 20x13, On Level: Main
  • Kitchen: Dimensions: 14x8, On Level: Main
  • Dining Room: Dimensions: 11x10, On Level: Main
  • Family Room: Dimensions: 21x11, On Level: Lower
  • Bedroom 1: Dimensions: 12x11, On Level: Main
  • Bedroom 2: Dimensions: 12x10, On Level: Main
  • Bedroom 3: Dimensions: 12x10, On Level: Lower
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 576

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Shingle
  • Outbuilding1: Shed, Dimensions: 12x14
  • Lake Type: Ski Lake
  • Sea Wall Type: Concrete
  • Water Features: Pier/Dock
  • Water Frontage: 65
  • Water Name: Lake Freeman

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 22x24
  • Garage Sq Ft: 528
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Regional
  • Water Utilities: Well
  • Laundry: Dimensions: Lowerx10, On Level: 11
  • Water Type: Lake
  • Well Type: Shared

Schools

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

Lot Info

  • Lot Description: Waterfront
  • Lot Dimensions: 65X216
  • Estimated Lot Sq Ft: 14040
  • Estimated Lot Size Acres: 0.3223
  • Lot Number: 20

Tax Info

  • Annual Taxes: 2018.6

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
May 20, 2019
Closed on
Aug 15, 2019
Sold by
Mclaughlin Family Trust
Bought by
Gray Allan W
Seller's Agent
Christine Thayer
REAL ESTATE NETWORK L.L.C
Buyer's Agent
Christine Thayer
REAL ESTATE NETWORK L.L.C
List Price
$299,900
Sold Price
$280,000
Premium/Discount to List
-$19,900
-6.64%
Current Estimated Value
$440,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,363
Avg. Annual Appreciation
6.24%
Original Mortgage
$224,000
Outstanding Balance
$153,553
Interest Rate
3.7%
Mortgage Type
Construction
Estimated Equity
$250,045
Source: Public Records

Range of Values:

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Average Value
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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
Gray Allan W $280,000 White Cnty Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gray Allan W $224,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2019 08/15/19 Sold $280,000 -6.6% $188 / Sq Ft
08/05/2019 08/05/19 Pending -- -- --
05/20/2019 05/20/19 For Sale $299,900 -- $202 / 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 $2,707 $428,500 $93,700 $334,800
2023 $2,107 $372,700 $93,700 $279,000
2022 $1,909 $316,800 $93,700 $223,100
2021 $1,724 $285,900 $93,700 $192,200
2020 $1,183 $210,600 $93,700 $116,900
2019 $1,061 $200,600 $87,000 $113,600
2018 $2,019 $177,600 $87,000 $90,600
2017 $1,883 $176,700 $87,000 $89,700
2016 $1,830 $176,800 $87,000 $89,800
2014 $1,893 $184,400 $87,000 $97,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201920291

Indiana Regional MLS

APN: 91-63-21-000-010.300-020