NOT LISTED FOR SALE

5493 E Colonial Oaks Dr Monticello, IN 47960

Estimated Value: $297,000 - $467,000

3 Beds
1 Bath
1,392 Sq Ft
$279/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $285,000 $205 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,281/month

36 Days on Market

Highlights

  • 60 Feet of Waterfront
  • 2 Car Detached Garage
  • Waterski or Wakeboard
  • Lake, Pond or Stream
  • Forced Air Heating and Cooling System
  • Wood Siding

About This Home

As of September 2021

Lake Freeman waterfront home! This split floor plan, 3 bedroom, 1 bath home has been freshly remodeled. The bedrooms and bathroom are located upstairs along with the open concept kitchen and living room with its' fireplace and walkout balcony. Downstairs to the finished walkout basement with hardware for a full second bathroom (stand up shower and sink already installed). Down the slope to the waterfront pier you'll find plenty of room to add additional waterfront improvements. Many updates include: entirely remodeled bathroom, new flooring in the kitchen, the original white oak flooring in the living room and bedrooms have been refinished, new ceiling in all 3 bedrooms, recently finished basement, new roof, and fresh paint throughout. Room to store your boat or waterfront toys in the 2 car detached garage. Book your tour today, this home will go fast!

Last Agent to Sell the Property

Jill Coble

REAL ESTATE NETWORK L.L.C Listed on: 07/26/2021

Last Buyer's Agent

Cecilia Davis

Trueblood Real Estate

Trueblood Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,066

Year Built

  • Built in 1963

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 60 x 234
  • 60 Feet of Waterfront
  • Lake Front
  • Sloped Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Block Basement Construction

Outdoor Features

  • Waterski or Wakeboard
  • Lake, Pond or Stream

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Private Company Owned Well
  • Well

Listing and Financial Details

  • Assessor Parcel Number 91-63-21-000-000.200-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,066

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1963
  • Age: 58
  • Style: Two Story
  • Total Number of Rooms: 8
  • Total Number of Rooms Below Grade: 2
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: STAHLS COLONIAL OAKS SUB 1 LOT 15
  • Parcel Number ID: 91-63-21-000-000.200-020
  • Platted: Yes
  • Improvmnts In Last5 Yrs: Yes
  • Sp Lp Percent: 95.32
  • Year Taxes Payable: 2021
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 1392
  • Total Finished Sq Ft: 1392
  • Above Grade Finished Sq Ft: 864
  • Below Grade Finished Sq Ft: 528
  • Price Per Sq Ft: 329.86
  • Basement: Yes
  • Basement Foundation: Walk-Out Basement, Finished, Outside Entrance
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Gas Log
  • Fireplace: Yes
  • Living Great Room: Dimensions: 24x11, On Level: Main
  • Kitchen: Dimensions: 11x5, On Level: Main
  • Bedroom 1: Dimensions: 14x12, On Level: Main
  • Bedroom 2: Dimensions: 14x12, On Level: Main
  • Bedroom 3: Dimensions: 8x10, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 528

Exterior Features

  • Exterior: Wood
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Water Frontage: 60
  • Water Name: Lake Freeman

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x24
  • Garage Sq Ft: 480
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: Regional
  • Water Utilities: Well
  • Water Type: Lake
  • Well Type: Private

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, Waterfront-Level Bank
  • Lot Dimensions: 60 x 234
  • Estimated Lot Sq Ft: 14040
  • Estimated Lot Size Acres: 0.322

Tax Info

  • Annual Taxes: 2066.34

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
Jul 26, 2021
Closed on
Sep 17, 2021
Sold by
Anwander and Hanna
Bought by
Bryce Rasmussen
Seller's Agent
Jill Coble
REAL ESTATE NETWORK L.L.C
Buyer's Agent
Cecilia Davis
Trueblood Real Estate
List Price
$319,000
Sold Price
$285,000
Premium/Discount to List
-$34,000
-10.66%
Current Estimated Value
$388,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,363
Avg. Annual Appreciation
5.10%
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
Bryce Rasmussen $285,000 Columbia Title Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2021 09/17/21 Sold $285,000 -4.7% $205 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
08/02/2021 08/02/21 Price Changed $299,000 -6.3% $215 / Sq Ft
07/26/2021 07/26/21 For Sale $319,000 -- $229 / 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 $1,984 $326,800 $88,200 $238,600
2023 $1,547 $287,200 $88,200 $199,000
2022 $1,410 $247,500 $88,200 $159,300
2021 $1,299 $227,500 $88,200 $139,300
2020 $2,600 $216,500 $88,200 $128,300
2019 $2,400 $208,200 $81,900 $126,300
2018 $2,066 $181,800 $81,900 $99,900
2017 $2,880 $179,000 $81,900 $97,100
2016 $1,852 $179,000 $81,900 $97,100
2014 $1,954 $187,300 $81,900 $105,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202130082

Indiana Regional MLS

APN: 91-63-21-000-000.200-020