NOT LISTED FOR SALE

5504 E Colonial Oaks Dr Monticello, IN 47960

Estimated Value: $348,212 - $444,000

5 Beds
2.5 Baths
3,216 Sq Ft
$129/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $270,000 $84 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,399/month

80 Days on Market

Highlights

  • Waterfront
  • Corner Lot
  • Forced Air Heating and Cooling System
  • Lake, Pond or Stream
  • 2 Car Attached Garage
  • Waterski or Wakeboard

About This Home

As of May 2021

Here's your rare opportunity to get a spacious home, ample yard space, and a private pier directly on main Lake Freeman, all at an affordable price. Featuring 5 bedrooms and 3 bathrooms, this 3,216 square foot home has been extremely well maintained. Inside you'll find hardwood floors, solid oak trim, gas fireplace, newer appliances, split floor plan, open concept kitchen with attached dining room area, vaulted ceilings, and a rec/bonus room that can be accessed from the garage or backyard. The main floor master bedroom boasts a walk-in closet that leads to a private office/flex room. Outside amenities include a large corner-lot yard, premium shed, patio, fireplace, private pier, and boat lift. All in a quiet neighborhood. This home is move-in ready, just bring your toys. Priced to sell!

Last Agent to Sell the Property

Cody Miller

Raeco Realty - Monticello Listed on: 03/08/2021

Last Buyer's Agent

Sean Dekker

REAL ESTATE NETWORK L.L.C

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $939

Year Built

  • Built in 1996

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 103x122
  • Waterfront
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 3,216 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Crawl Space

Bedrooms and Bathrooms

  • 5 Bedrooms

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
  • Heating System Uses Gas
  • Well

Listing and Financial Details

  • Assessor Parcel Number 91-63-21-000-007.000-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$939

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1996
  • Age: 25
  • Style: Two Story
  • Total Number of Rooms: 5
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: STAHLS COLONIAL OAKS SUB 2 LOT 27 & UND 1/22 INT TRACT A
  • Parcel Number ID: 91-63-21-000-007.000-020
  • Platted: Yes
  • Sp Lp Percent: 96.43
  • Year Taxes Payable: 2019
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 3216
  • Total Finished Sq Ft: 3216
  • Above Grade Finished Sq Ft: 3216
  • Price Per Sq Ft: 83.96
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm, Gas Log
  • Fireplace: Yes
  • Living Great Room: Dimensions: 15x13, On Level: Main
  • Kitchen: Dimensions: 14x9, On Level: Main
  • Dining Room: Dimensions: 12x14, On Level: Main
  • Family Room: Dimensions: 22x21, On Level: Upper
  • Bedroom 1: Dimensions: 13x13, On Level: Main
  • Bedroom 2: Dimensions: 9x13, On Level: Main
  • Bedroom 3: Dimensions: 14x14, On Level: Upper
  • Bedroom 4: Dimensions: 14x11, On Level: Upper
  • Bedroom 5: Dimensions: 18x10, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: Shed, Dimensions: 12x16
  • Lake Type: Ski Lake
  • Water Name: Lake Freeman

Garage/Parking

  • Garage Type: Attached
  • 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
  • Water Type: Lake
  • Well Type: Unknown

Schools

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

Lot Info

  • Lot Description: Corner, Level, Waterfront
  • Lot Dimensions: 103X122
  • Estimated Lot Sq Ft: 14810
  • Estimated Lot Size Acres: 0.34
  • Lot Number: 27

Tax Info

  • Annual Taxes: 939
  • Total Assessed Value: 183200

Multi Family

  • Water Access: Easement/Other

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
Mar 8, 2021
Closed on
May 28, 2021
Sold by
Busche Andrew M
Bought by
Donald Dewitt
Seller's Agent
Cody Miller
Raeco Realty - Monticello
Buyer's Agent
Sean Dekker
REAL ESTATE NETWORK L.L.C
List Price
$279,999
Sold Price
$270,000
Premium/Discount to List
-$9,999
-3.57%
Current Estimated Value
$415,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,803
Avg. Annual Appreciation
11.27%

Purchase Details

Listed on
Apr 29, 2013
Closed on
May 6, 2014
Sold by
Smith Phillip W
Bought by
Baker Matthew L
Seller's Agent
Christine Thayer
REAL ESTATE NETWORK L.L.C
Buyer's Agent
Paulette Logan
Koppelmann Real Estate
List Price
$183,000
Sold Price
$183,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.66%
Original Mortgage
$186,734
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 29, 2013
Closed on
May 2, 2014
Sold by
Smith Phillip W and Smith Shyennee L
Bought by
Baker Matthew L
Seller's Agent
Christine Thayer
REAL ESTATE NETWORK L.L.C
Buyer's Agent
Paulette Logan
Koppelmann Real Estate
List Price
$183,000
Sold Price
$183,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,734
Interest Rate
4.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Donald Dewitt $270,000 Columbia Title Inc
Baker Matthew L $183,000 White County Abstract & Title
Baker Matthew L $233,417 White Cnty Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baker Matthew L $186,734
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $270,000 -3.6% $84 / Sq Ft
03/08/2021 03/08/21 For Sale $279,999 +7.7% $87 / Sq Ft
07/24/2019 07/24/19 Sold $260,000 0.0% $81 / Sq Ft
07/19/2019 07/19/19 Pending -- -- --
05/21/2019 05/21/19 For Sale $259,900 +42.0% $81 / Sq Ft
05/08/2014 05/08/14 Sold $183,000 0.0% $66 / Sq Ft
05/02/2014 05/02/14 Pending -- -- --
04/29/2013 04/29/13 For Sale $183,000 -- $66 / 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 $1,598 $272,600 $10,400 $262,200
2023 $1,356 $257,900 $10,400 $247,500
2022 $1,389 $244,200 $11,600 $232,600
2021 $1,064 $195,000 $11,600 $183,400
2020 $1,036 $190,500 $11,600 $178,900
2019 $939 $183,200 $11,100 $172,100
2018 $907 $176,400 $11,100 $165,300
2017 $935 $168,000 $11,100 $156,900
2016 $1,077 $163,100 $11,100 $152,000
2014 $728 $153,200 $11,000 $142,200
Source: Public Records

Agents Affiliated with this Home

  • Cody Miller

    Seller's Agent in 2021

    Cody Miller

    Raeco Realty - Monticello

    (219) 816-2752

    207 Total Sales

    Cody Miller
    Section Image
  • Sean Dekker

    Buyer's Agent in 2021

    Sean Dekker

    REAL ESTATE NETWORK L.L.C

    (765) 363-0899

    159 Total Sales

    Sean Dekker
    Section Image
  • Bart Hickman

    Seller's Agent in 2019

    Bart Hickman

    REAL ESTATE NETWORK L.L.C

    (574) 870-4269

    308 Total Sales

    Bart Hickman
    Section Image

  • A

    Buyer's Agent in 2019

    Aaron Ruemler

    Keller Williams Monticello

    Section Image
  • Christine Thayer

    Seller's Agent in 2014

    Christine Thayer

    REAL ESTATE NETWORK L.L.C

    (574) 870-1354

    113 Total Sales

    Christine Thayer
    Section Image

  • P

    Buyer's Agent in 2014

    Paulette Logan

    Koppelmann Real Estate

    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202107274

Indiana Regional MLS

APN: 91-63-21-000-007.000-020

Indiana White County Monticello 47960

5504 E Colonial Oaks Dr, Monticello, IN

This home is located at 5504 E Colonial Oaks Dr, Monticello, IN 47960 since 08 March 2021 and is currently estimated at $415,803, approximately $129 per square foot. This property was built in 1996. 5504 E Colonial Oaks Dr 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.

Nearby Homes