NOT LISTED FOR SALE

5531 E Sheridan Rd Monticello, IN 47960

Estimated Value: $399,247 - $536,000

4 Beds
2.5 Baths
2,746 Sq Ft
$160/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $263,000 $96 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,466/month

146 Days on Market

Highlights

  • 230 Feet of Waterfront
  • Private Beach
  • Lake Property
  • Pier or Dock
  • Primary Bedroom Suite
  • Dock Rights

About This Home

As of August 2020

PRICE REDUCED !!! 4 bedroom 2.5 bath Ranch in Freeman View Subdivision South of Monticello with nice lake easement/beach area/boat launch & pier access. 3 spacious lots with corner location, Good access to Lafayette/West Lafayette area. Spacious floor plan with split bedroom layout, nice master suite, vaulted & tray ceilings, recessed lighting, open kitchen/dining/living area. Baths have tiled floors, kitchen and dining have new floor coverings. Solid Core Doors, Oak Trim. Quality Construction. Kinetico Water System.

Last Agent to Sell the Property

Gregory Vogel

VOGEL REAL ESTATE Listed on: 03/26/2020

Last Buyer's Agent

Ryan Clemons

Redlow Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,051

Year Built

  • Built in 1997

Lot Details

  • 0.84 Acre Lot
  • Lot Dimensions are 240x154
  • 230 Feet of Waterfront
  • Lake Front
  • Private Beach
  • Rural Setting
  • Level Lot

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,746 Sq Ft Home
  • Tray Ceiling
  • Vaulted Ceiling
  • Kitchen Island

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite

Basement

  • Block Basement Construction
  • Crawl Space

Outdoor Features

  • Waterski or Wakeboard
  • Dock Rights
  • Lake Property
  • 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 91-63-28-000-001.400-020

Community Details

Overview

  • $28 Other Monthly Fees
  • Freeman View Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,051

Year Built

Built in 1997

Lot Details

0

HOA Fees

$8 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1997
  • Age: 23
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 8
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: Freeman View Subdivision lots 32, 33,34,
  • Parcel Number ID: 91-63-28-000-001.400-020
  • Platted: Yes
  • Amenities: Ceiling-Tray, Ceilings-Vaulted, Kitchen Island, Main Level Bedroom Suite
  • Location: Lake, Rural
  • Sp Lp Percent: 99.28
  • Year Taxes Payable: 2020
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2746
  • Total Finished Sq Ft: 2746
  • Above Grade Finished Sq Ft: 2746
  • Price Per Sq Ft: 95.78
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Flooring: Carpet, Laminate, Tile
  • Living Great Room: Dimensions: 14x19, On Level: Main
  • Kitchen: Dimensions: 15x14, On Level: Main
  • Dining Room: Dimensions: 15x13, On Level: Main
  • Family Room: Dimensions: 13x12, On Level: Main
  • Den: Dimensions: 13x14, On Level: Main
  • Bedroom 1: Dimensions: 12x11, On Level: Main
  • Bedroom 2: Dimensions: 13x9, On Level: Main
  • Bedroom 3: Dimensions: 13x16, On Level: Main
  • Bedroom 4: Dimensions: 13x26, On Level: Main
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None
  • Channel Canal Frontage: 230
  • Lake Type: Ski Lake
  • Water Features: Boat Docking Rights, Gated Lakefront, Pier/Dock, Pier/Dock Available, Private Beach
  • Water Frontage: 230
  • Water Name: Lake Freeman

Garage/Parking

  • Driveway: Asphalt
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 26x22
  • Garage Sq Ft: 572
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: Regional
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx12, On Level: 8
  • Water Type: Lake
  • Well Type: Private

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 100
  • Association Fees Frequency: Annually
  • Other Fee Description: boatslip
  • Other Fees Dollar: 335

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 240x154
  • Estimated Lot Sq Ft: 36960
  • Estimated Lot Size Acres: 0.84

Tax Info

  • Annual Taxes: 1050.58
  • Exemptions: Homestead, Mortgage

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 26, 2020
Closed on
Aug 21, 2020
Sold by
Inman Janice L
Bought by
Sloas Paula R
Seller's Agent
Gregory Vogel
VOGEL REAL ESTATE
Buyer's Agent
Ryan Clemons
Redlow Group
List Price
$284,900
Sold Price
$263,000
Premium/Discount to List
-$21,900
-7.69%
Current Estimated Value
$439,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,062
Avg. Annual Appreciation
10.40%
Original Mortgage
$236,700
Outstanding Balance
$209,970
Interest Rate
3%
Mortgage Type
Construction
Estimated Equity
$229,092
Source: Public Records

Range of Values:

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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
Sloas Paula R $263,000 Columbia Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sloas Paula R $236,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2020 08/21/20 Sold $263,000 -0.7% $96 / Sq Ft
07/07/2020 07/07/20 Price Changed $264,900 -3.6% $96 / Sq Ft
06/09/2020 06/09/20 Price Changed $274,900 -3.5% $100 / Sq Ft
03/26/2020 03/26/20 For Sale $284,900 -- $104 / 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 $1,858 $309,200 $18,600 $290,600
2023 $1,583 $292,900 $18,600 $274,300
2022 $1,596 $274,700 $18,600 $256,100
2021 $1,273 $224,900 $18,600 $206,300
2020 $1,223 $217,300 $18,600 $198,700
2019 $1,110 $208,900 $17,800 $191,100
2018 $1,051 $203,500 $17,800 $185,700
2017 $909 $193,800 $17,800 $176,000
2016 $842 $186,100 $17,800 $168,300
2014 $827 $173,900 $17,800 $156,100
Source: Public Records

Agents Affiliated with this Home

  • Gregory Vogel

    Seller's Agent in 2020

    Gregory Vogel

    VOGEL REAL ESTATE

    (574) 870-3987

    131 Total Sales

    Gregory Vogel
    Section Image
  • Ryan Clemons

    Buyer's Agent in 2020

    Ryan Clemons

    Redlow Group

    (574) 808-9595

    206 Total Sales

    Ryan Clemons
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202011374

Indiana Regional MLS

APN: 91-63-28-000-001.400-020

Indiana White County Monticello 47960

5531 E Sheridan Rd, Monticello, IN

This home is located at 5531 E Sheridan Rd, Monticello, IN 47960 since 26 March 2020 and is currently estimated at $439,062, approximately $159 per square foot. This property was built in 1997. 5531 E Sheridan Rd 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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