NOT LISTED FOR SALE

5498 S Salisbury Ct Monticello, IN 47960

Estimated Value: $272,000 - $301,000

1 Bed
1 Bath
672 Sq Ft
$429/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $214,900 $320 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,743/month

24 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Lake Property
  • Wood Flooring
  • Pier or Dock
  • Partially Wooded Lot
  • Covered Deck

About This Home

As of October 2020

SUPER CUTE LAKE FREEMAN RETREAT WITH A SPECTACULAR VIEW. THIS COTTAGE OFFERS ONE BEDROOM ONE BATH,WITH AN OPEN CONCEPT FLOOR PLAN, ALL HARDWOOD FLOORS THROUGHOUT, NEW FLEX PLUMBING, AND LIGHTING, UPDATED ELECTRICAL, AND WIRING, NEWER ROOF, WINDOWS, AND ENTRY DOORS. WATERFRONT INCLUDES 50'FEET WATER FRONTAGE, 2 LARGE WOOD DECKS, NEWER STAIRCASE, STEEL SEAWALL, 2 ELECTRIC COVERED PERMANENT BOAT LIFTS AND A CHAIR LIFT. THERE ARE 3 LOTS TOTAL WITH PLENTY OF ROOM FOR PARKING, STORAGE OR AN ADDITION. DON'T MISS OUT ON THIS SECLUDED LAKE HOME. SQUARE FOOTAGE AND LOT DIMENSIONS TAKEN FROM COUNTY RECORDS.

Last Agent to Sell the Property

Cheryl L Rycraft

REAL ESTATE NETWORK L.L.C Listed on: 09/29/2020

Last Buyer's Agent

Bart Hickman

REAL ESTATE NETWORK L.L.C

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $877

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 115 x 131
  • 50 Feet of Waterfront
  • Lake Front
  • Landscaped
  • Partially Wooded Lot

Home Design

  • Cabin
  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 672 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Basement

  • Block Basement Construction
  • Crawl Space

Outdoor Features

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

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Private Company Owned Well
  • Well
  • Cable TV Available

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 91-63-28-000-007.400-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$877

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1950
  • Age: 70
  • Style: One Story
  • Architectural Style: Cabin/Cottage
  • Total Number of Rooms: 3
  • Bedrooms: 1
  • Number Above Grade Bedrooms: 1
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: GINGRICH ADD N PART LOT 16-28-26-3 06A ,GINGRICH ADD LOT 17, OUT NE COR SE 28-26 03.14
  • Parcel Number ID: 91-63-28-000-007.400-020
  • Platted: Yes
  • Amenities: Cable Available, Deck Covered, Deck Open, Deck on Waterfront, Landscaped
  • Improvmnts In Last5 Yrs: Yes
  • Location: Lake
  • Parcel Id2: 916328000007500020 916328000007600020
  • Sp Lp Percent: 97.73
  • Year Taxes Payable: 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 672
  • Total Finished Sq Ft: 672
  • Above Grade Finished Sq Ft: 672
  • Price Per Sq Ft: 319.79
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Flooring: Hardwood Floors, Vinyl
  • Living Great Room: Dimensions: 27x14, On Level: Main
  • Kitchen: Dimensions: 10x9, On Level: Main
  • Bedroom 1: Dimensions: 10x10, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Metal
  • Outbuilding1: Shed, Dimensions: 6x4
  • Lake Type: Ski Lake
  • Sea Wall Type: Steel
  • Water Features: Pier/Dock
  • Water Frontage: 50
  • Water Name: Lake Freeman

Utilities

  • Cooling: Wall AC
  • 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: Partially Wooded, Waterfront, Lake
  • Lot Dimensions: 115 X 131

Tax Info

  • Annual Taxes: 877.12

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
Sep 29, 2020
Closed on
Oct 30, 2020
Sold by
Pierce Guy D and Pierce Misti M
Bought by
Mitchell Trenton A
Seller's Agent
Cheryl L Rycraft
REAL ESTATE NETWORK L.L.C
Buyer's Agent
Bart Hickman
REAL ESTATE NETWORK L.L.C
List Price
$219,900
Sold Price
$214,900
Premium/Discount to List
-$5,000
-2.27%
Current Estimated Value
$287,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,079
Avg. Annual Appreciation
6.42%
Original Mortgage
$171,920
Outstanding Balance
$127,550
Interest Rate
2.4%
Mortgage Type
Construction
Estimated Equity
$162,728

Purchase Details

Listed on
Apr 12, 2019
Closed on
May 28, 2019
Sold by
Dunn Family Trust
Bought by
Pierce Guy D
Seller's Agent
Michelle Gerhart
VOGEL REAL ESTATE
Buyer's Agent
Dawn Dilley
eXp, LLC
List Price
$164,900
Sold Price
$149,900
Premium/Discount to List
-$15,000
-9.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.87%
Original Mortgage
$142,400
Interest Rate
4.1%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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List Price
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
Mitchell Trenton A $214,900 Simplifile Lc E-Recording
Pierce Guy D $178,000 Columbia Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mitchell Trenton A $171,920
Previous Owner Pierce Guy D $142,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $214,900 -2.3% $320 / Sq Ft
10/23/2020 10/23/20 Pending -- -- --
09/29/2020 09/29/20 For Sale $219,900 +46.7% $327 / Sq Ft
05/31/2019 05/31/19 Sold $149,900 -9.1% $223 / Sq Ft
05/28/2019 05/28/19 Pending -- -- --
04/12/2019 04/12/19 For Sale $164,900 -- $245 / 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 $2,086 $171,500 $59,600 $111,900
2023 $1,790 $155,400 $59,600 $95,800
2022 $1,409 $121,400 $59,600 $61,800
2021 $1,352 $113,800 $59,600 $54,200
2020 $1,285 $110,000 $59,600 $50,400
2019 $610 $55,900 $8,800 $47,100
2018 $534 $47,000 $8,800 $38,200
2017 $477 $44,800 $6,600 $38,200
2016 $464 $44,800 $6,600 $38,200
2014 $506 $48,500 $6,600 $41,900
Source: Public Records

Agents Affiliated with this Home

  • Cheryl L Rycraft

    Seller's Agent in 2020

    Cheryl L Rycraft

    REAL ESTATE NETWORK L.L.C

    (574) 870-0502

    56 Total Sales

    Cheryl L Rycraft
    Section Image
  • Bart Hickman

    Buyer's Agent in 2020

    Bart Hickman

    REAL ESTATE NETWORK L.L.C

    (574) 870-4269

    308 Total Sales

    Bart Hickman
    Section Image
  • Michelle Gerhart

    Seller's Agent in 2019

    Michelle Gerhart

    VOGEL REAL ESTATE

    (317) 523-9570

    69 Total Sales

    Michelle Gerhart
    Section Image
  • Dawn Dilley

    Buyer's Agent in 2019

    Dawn Dilley

    eXp, LLC

    (765) 423-1985

    82 Total Sales

    Dawn Dilley
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202039449

Indiana Regional MLS

APN: 91-63-28-000-007.400-020

Indiana White County Monticello 47960

5498 S Salisbury Ct, Monticello, IN

This home is located at 5498 S Salisbury Ct, Monticello, IN 47960 since 29 September 2020 and is currently estimated at $287,979, approximately $428 per square foot. This property was built in 1950. 5498 S Salisbury Ct is a home located in White County with nearby schools including Twin Lakes Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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