NOT LISTED FOR SALE

5457 N Stahl Rd Monticello, IN 47960

Estimated Value: $439,000 - $615,000

3 Beds
2 Baths
2,029 Sq Ft
$257/Sq Ft Est. Value

Last Sold July 21, 2017

Last sale price $232,500 $115 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $2,922/month

64 Days on Market

Highlights

  • 175 Feet of Waterfront
  • Lake Property
  • Ranch Style House
  • Pier or Dock
  • Fireplace in Kitchen
  • Wood Flooring

About This Home

As of July 2017

Your family vacation home is here! Lots of windows to view lovely Lake Shafer with 175' of your own waterfront on two sides. Separate boat house, boat lift and brick patio with fire pit are just a few of the many things to enjoy outside. Huge master with separate sitting/reading area plus two additional bedrooms with ample space to entertain guests. Electrical was redone when detached garage was built. All roof redone with 2nd layer on main house and carport. Two detached garage, boat house and 30x30 garage are perfect for workshop, storage of lake toys and more. Newer windows, well pump, furnace and AC less than 10 years old and 200 amp box. Hardwood floors. Grab this one now to spend a summer making memories and for many years to come! Inspections welcome, but sold as is.

Last Agent to Sell the Property

Cathy Russell

@properties Listed on: 04/13/2017

@properties

Last Buyer's Agent

Cathy Russell

@properties Listed on: 04/13/2017

@properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,773

Year Built

  • Built in 1953

Lot Details

  • 0.69 Acre Lot
  • Lot Dimensions are 95x260
  • 175 Feet of Waterfront
  • Lake Front
  • Level Lot

Parking

  • 2.5 Car Detached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Wood Siding
  • Stone Exterior Construction

Interior Spaces

  • 2,029 Sq Ft Home
  • Beamed Ceilings
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Dining Room with Fireplace
  • Water Views
  • Crawl Space

Kitchen

  • Gas Oven or Range
  • Laminate Countertops
  • Fireplace in Kitchen

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer Hookup

Outdoor Features

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 91-83-31-000-010.900-013

Community Details

Amenities

  • Community Fire Pit

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,773

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1953
  • Age: 64
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: FRIENDLY SHORE ACRES 1ST ADD LOT 1 EX 10' OFF SW SIDE
  • Parcel Number ID: 91-83-31-000-010.900-013
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Ceilings-Beamed, Countertops-Laminate, Firepit, Garage Door Opener, Patio Open, Range/Oven Hook Up Gas, Stand Up Shower, Tub/Shower Combination, Main Floor Laundry, Washer Hook-Up
  • Location: Lake
  • Sp Lp Percent: 93
  • State Id: 0102164000
  • Special Features: None

Interior Features

  • Total Sq Ft: 2029
  • Total Finished Sq Ft: 2029
  • Above Grade Finished Sq Ft: 2029
  • Basement Foundation: Crawl
  • Fireplace: Dining Rm, Kitchen, One, Gas Starter
  • Flooring: Hardwood Floors, Carpet, Laminate, Vinyl
  • Living Great Room: Dimensions: 17x16, On Level: Main
  • Kitchen: Dimensions: 12x8, On Level: Main
  • Dining Room: Dimensions: 10x16, On Level: Main
  • Bedroom 1: Dimensions: 15x28, On Level: Main
  • Bedroom 2: Dimensions: 12x13, On Level: Main
  • Bedroom 3: Dimensions: 11x13, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Stone, Wood
  • Outbuilding1: 2nd Detached Garage, Dimensions: 22x22
  • Lake Type: Ski Lake
  • Outbuilding2: Shed, Dimensions: 10x8, 80
  • Water Features: Pier/Dock
  • Water Frontage: 175
  • Water Name: Lake Shafer

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2.5
  • Garage Size: Dimensions: 30x30
  • Garage Sq Ft: 900

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: Well
  • Laundry: Dimensions: 10xMain, On Level: 12
  • Water Type: Lake
  • Well Type: Unknown

Schools

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

Lot Info

  • Lot Description: Level, Waterfront, 0-2.9999, Lake, Water View
  • Lot Dimensions: 95x260
  • Estimated Lot Sq Ft: 29839
  • Estimated Lot Size Acres: 0.685

Tax Info

  • Annual Taxes: 2772.78
  • Exemptions: Homestead

Multi Family

  • Water Access: Lakefront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2017
Closed on
Jul 21, 2017
Sold by
Richards Mark A and Richards Joanne T
Bought by
Gillam Jeffrey and Gillam Jeremy
Seller's Agent
Cathy Russell
@properties
Buyer's Agent
Cathy Russell
@properties
List Price
$250,000
Sold Price
$232,500
Premium/Discount to List
-$17,500
-7%
Current Estimated Value
$521,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,294
Avg. Annual Appreciation
10.37%
Original Mortgage
$186,000
Outstanding Balance
$154,619
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$367,175
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
Gillam Jeffrey $232,500 Columbia Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gillam Jeffrey $186,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2017 07/21/17 Sold $232,500 -7.0% $115 / Sq Ft
06/16/2017 06/16/17 Pending -- -- --
04/13/2017 04/13/17 For Sale $250,000 -- $123 / 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 $1,865 $391,100 $164,600 $226,500
2023 $1,882 $370,200 $164,600 $205,600
2022 $1,866 $319,400 $164,600 $154,800
2021 $1,791 $301,400 $164,600 $136,800
2020 $1,684 $254,300 $128,900 $125,400
2019 $1,562 $245,200 $119,700 $125,500
2018 $1,482 $239,100 $119,700 $119,400
2017 $1,442 $238,300 $119,700 $118,600
2016 $2,773 $238,400 $119,700 $118,700
2014 $2,372 $222,000 $110,500 $111,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201715299

Indiana Regional MLS

APN: 91-83-31-000-010.900-013