NOT LISTED FOR SALE

5507 E Colonial Oaks Dr Monticello, IN 47960

Estimated Value: $370,575 - $448,000

3 Beds
2 Baths
1,488 Sq Ft
$278/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $230,000 $155 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $2,432/month

77 Days on Market

Highlights

  • 60 Feet of Waterfront
  • Living Room with Fireplace
  • Forced Air Heating and Cooling System
  • Lake Property
  • 2 Car Detached Garage
  • Waterski or Wakeboard

About This Home

As of September 2018

Your lake home search will be over once you check out this Lake Freeman charmer. Hardwood floors in all living areas and the three bedrooms, open concept living on both floors, and a fireplace on each level. A huge deck overlooks the biggest view Lake Freeman has to offer! Gradual slope to the waterfront where there is a large swim pier, boat and waverunner lifts, and the view is easy on the eyes all the way there. A fenced yard for the kids and pets, and the colorful landscape adds to the appeal. A two-car garage with a paver access puts the finishing touch on this memory maker. Don't sleep on this one, it won't last long!

Last Agent to Sell the Property

Christine Thayer

REAL ESTATE NETWORK L.L.C Listed on: 06/28/2018

Last Buyer's Agent

Christine Thayer

REAL ESTATE NETWORK L.L.C Listed on: 06/28/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,967

Year Built

  • Built in 1964

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 60x242
  • 60 Feet of Waterfront
  • Lake Front

HOA Fees

  • $5 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Home Design

  • Walk-Out Ranch

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Walk-Out Basement
  • Block Basement Construction
  • 1 Bathroom in Basement

Outdoor Features

  • Waterski or Wakeboard
  • Lake Property
  • 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
  • Shared Well
  • Well

Community Details

  • Stahl Subdivision

Listing and Financial Details

  • Assessor Parcel Number 91-63-21-000-006.900-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,967

Year Built

Built in 1964

Lot Details

0

HOA Fees

$5 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1964
  • Age: 54
  • 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: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: STAHL COLONIAL OAKS NO 1 LOT 14 & UND 1/13 WELL NO 2 |
  • Parcel Number ID: 91-63-21-000-006.900-020
  • Platted: Yes
  • Sp Lp Percent: 88.8
  • Year Taxes Payable: 2018
  • 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: 252.19
  • Basement: Yes
  • Basement Foundation: Walk-Out Basement
  • Basement Material: Block
  • Number Of Fireplaces: 2
  • Fireplace: Family Rm, Living/Great Rm, Gas Log, Wood Burning, Two
  • Fireplace: Yes
  • Living Great Room: Dimensions: 23x11, On Level: Main
  • Kitchen: Dimensions: 12x11, On Level: Main
  • Family Room: Dimensions: 22x20, On Level: Lower
  • Bedroom 1: Dimensions: 12x11, On Level: Main
  • Bedroom 2: Dimensions: 11x11, On Level: Main
  • Bedroom 3: Dimensions: 11x8, On Level: Main
  • 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
  • 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: 20x22
  • Garage Sq Ft: 440
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Regional
  • Water Utilities: Well
  • Laundry: Dimensions: Lowerx8, On Level: 9
  • Water Type: Lake
  • Well Type: Shared

Condo/Co-op/Association

  • Association Fees: 60
  • Association Fees Frequency: Annually

Schools

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

Lot Info

  • Lot Description: Lake
  • Lot Dimensions: 60x242
  • Estimated Lot Sq Ft: 14520
  • Estimated Lot Size Acres: 0.3333
  • Lot Number: 14

Tax Info

  • Annual Taxes: 1967

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
Jun 28, 2018
Closed on
Sep 28, 2018
Sold by
Carender Douglas A and Carender Theresa M
Bought by
White Kyle E
Seller's Agent
Christine Thayer
REAL ESTATE NETWORK L.L.C
Buyer's Agent
Christine Thayer
REAL ESTATE NETWORK L.L.C
List Price
$259,000
Sold Price
$230,000
Premium/Discount to List
-$29,000
-11.2%
Current Estimated Value
$413,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,394
Avg. Annual Appreciation
7.49%
Original Mortgage
$218,000
Outstanding Balance
$192,045
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$187,203

Purchase Details

Listed on
Jun 2, 2016
Closed on
Jul 19, 2016
Sold by
Pearson Nancy A
Bought by
Carender Douglas Alan and Carender Theresa Marie
Seller's Agent
Gregory Vogel
VOGEL REAL ESTATE
Buyer's Agent
Christine Thayer
REAL ESTATE NETWORK L.L.C
List Price
$199,900
Sold Price
$200,000
Premium/Discount to List
$100
0.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.59%
Source: Public Records

Range of Values:

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Average Value
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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
White Kyle E $272,500 Attorney Only
Carender Douglas Alan $200,000 Columbia Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Kyle E $218,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2018 09/28/18 Sold $230,000 -11.2% $155 / Sq Ft
09/13/2018 09/13/18 Pending -- -- --
06/28/2018 06/28/18 For Sale $259,000 +29.5% $174 / Sq Ft
07/19/2016 07/19/16 Sold $200,000 +0.1% $134 / Sq Ft
07/18/2016 07/18/16 Pending -- -- --
06/02/2016 06/02/16 For Sale $199,900 -- $134 / 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 $2,087 $341,400 $88,200 $253,200
2023 $1,628 $299,300 $88,200 $211,100
2022 $1,471 $257,100 $88,200 $168,900
2021 $1,351 $235,700 $88,200 $147,500
2020 $1,285 $225,800 $88,200 $137,600
2019 $1,157 $215,700 $81,900 $133,800
2018 $957 $188,200 $81,900 $106,300
2017 $1,967 $184,600 $81,900 $102,700
2016 $833 $184,600 $81,900 $102,700
2014 $964 $194,500 $81,900 $112,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201828249

Indiana Regional MLS

APN: 91-63-21-000-006.900-020