NOT LISTED FOR SALE

5559 E Colonial Oaks Dr Monticello, IN 47960

Estimated Value: $708,809 - $933,000

5 Beds
3 Baths
3,642 Sq Ft
$214/Sq Ft Est. Value

Last Sold October 20, 2020

Last sale price $511,215 $140 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,587/month

42 Days on Market

Highlights

  • 60 Feet of Waterfront
  • Open Floorplan
  • Contemporary Architecture
  • Spa
  • Lake Property
  • Backs to Open Ground

About This Home

As of October 2020

Go Big or Go Home...or do BOTH with this spacious Lake Freeman home! Bigger is better when it comes to this 3500+ sq ft 4-5 bed, 3 bath year-round beauty and it's wide open living room, family room, lofted den living areas and a 500+ sq ft Master Suite. Or take the party outside courtesy of the 1100+ sq ft party deck off of the home's conveniently located family, dining, & kitchen level. And the home's BIG SPACE is matched by it's BIG VIEWS of Lake Freeman offering the best of both worlds with sunrise AND sunset vistas! Contemporary and well cared for, you can't go wrong making this your waterfront home!

Last Agent to Sell the Property

Sean Dekker

REAL ESTATE NETWORK L.L.C Listed on: 09/01/2020

Last Buyer's Agent

Bart Hickman

REAL ESTATE NETWORK L.L.C

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,777

Year Built

  • Built in 1965

Lot Details

  • Lot Dimensions are 60x238
  • 60 Feet of Waterfront
  • Lake Front
  • Backs to Open Ground
  • Rural Setting
  • Sloped Lot

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Built-in Bookshelves
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Utility Room in Garage
  • Laundry on main level
  • Water Views

Kitchen

  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Outdoor Features

  • Spa
  • Waterski or Wakeboard
  • Seawall
  • Lake Property
  • Lake, Pond or Stream
  • Covered Patio or Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Community Well

Listing and Financial Details

  • Assessor Parcel Number 91-63-21-000-009.000-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,777

Year Built

Built in 1965

Lot Details

0

HOA Fees

$8 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1965
  • Age: 55
  • Style: Two Story
  • Architectural Style: Contemporary
  • Total Number of Rooms: 11
  • Total Number of Rooms Below Grade: 4
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: STAHLS COLONIAL OAKS SUB 1 LOT 10
  • Parcel Number ID: 91-63-21-000-009.000-020
  • Platted: Yes
  • Amenities: Hot Tub/Spa, Attic Pull Down Stairs, Attic Storage, Built-In Bookcase, Built-In Entertainment Ct, Ceiling-Cathedral, Ceiling Fan(s), Closet(s) Walk-in, Deck Open, Disposal, Garage Door Opener, Jet Tub, Kitchen Island, Open Floor Plan, Porch Covered, Twin Sink Vanity, Tub and Separate Shower, Tub/Shower Combination, Formal Dining Room, Great Room, Main Floor Laundry, Garage Utilities
  • Location: Lake, Rural
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 96.47
  • Year Taxes Payable: 2019 pay 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 3642
  • Total Finished Sq Ft: 3642
  • Above Grade Finished Sq Ft: 2350
  • Below Grade Finished Sq Ft: 1292
  • Price Per Sq Ft: 217.54
  • Basement: Yes
  • Basement Foundation: Full Basement, Walk-Out Basement, Finished
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Gas Log
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile
  • Living Great Room: Dimensions: 22x19, On Level: Main
  • Kitchen: Dimensions: 26x11, On Level: Lower
  • Dining Room: Dimensions: 16x14, On Level: Lower
  • Family Room: Dimensions: 23x18, On Level: Lower
  • Extra Room: Master Bath, Dimensions: 15x14, On Level: Upper
  • Bedroom 1: Dimensions: 16x16, On Level: Upper
  • Bedroom 2: Dimensions: 14x12, On Level: Main
  • Bedroom 3: Dimensions: 14x10, On Level: Main
  • Bedroom 4: Dimensions: 16x10, On Level: Main
  • Bedroom 5: Dimensions: 12x11, On Level: Lower
  • Other Room1: Walk in Closet, Dimensions: 10x9, On Level: Upper
  • Loft: Dimensions: 21x16, On Level: Upper
  • Main Level Sq Ft: 1388
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1292

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: Shed, Dimensions: 10x8
  • Lake Type: Ski Lake
  • Sea Wall Type: Steel
  • Water Frontage: 60
  • Water Name: Lake Freeman

Garage/Parking

  • Driveway: Asphalt
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x22
  • Garage Sq Ft: 528
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Regional
  • Water Utilities: Well
  • Gas Company: NIPSCO
  • Cable Company: Comcast
  • Laundry: Dimensions: Mainx6, On Level: 10
  • Water Type: Lake
  • Well Type: Community

Condo/Co-op/Association

  • Association Fees: 100
  • 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: Slope, Waterfront, Lake, Water View, Waterfront-Medium Bank
  • Lot Dimensions: 60X238

Tax Info

  • Annual Taxes: 1776.82
  • Exemptions: Homestead, Mortgage, Supplemental

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 1, 2020
Closed on
Oct 20, 2020
Sold by
Woolley Brad A and Woolley Dodi R
Bought by
Sumner John T
Seller's Agent
Sean Dekker
REAL ESTATE NETWORK L.L.C
Buyer's Agent
Bart Hickman
REAL ESTATE NETWORK L.L.C
List Price
$529,900
Sold Price
$511,215
Premium/Discount to List
-$18,685
-3.53%
Current Estimated Value
$778,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,487
Avg. Annual Appreciation
6.51%
Original Mortgage
$200,000
Outstanding Balance
$179,990
Interest Rate
2.8%
Mortgage Type
Construction
Estimated Equity
$514,570
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
Sumner John T $511,200 Simplifile Lc E-Recording
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sumner John T $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2020 10/20/20 Sold $511,215 -3.5% $140 / Sq Ft
10/13/2020 10/13/20 Pending -- -- --
09/01/2020 09/01/20 For Sale $529,900 -- $145 / 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 $4,123 $627,500 $88,200 $539,300
2023 $3,187 $541,900 $88,200 $453,700
2022 $2,842 $449,300 $88,200 $361,100
2021 $2,555 $400,200 $88,200 $312,000
2020 $2,417 $374,900 $88,200 $286,700
2019 $2,206 $360,200 $81,900 $278,300
2018 $1,777 $303,800 $81,900 $221,900
2017 $1,612 $300,500 $81,900 $218,600
2016 $1,577 $300,500 $81,900 $218,600
2014 $1,868 $325,600 $81,900 $243,700
Source: Public Records

Agents Affiliated with this Home

  • Sean Dekker

    Seller's Agent in 2020

    Sean Dekker

    REAL ESTATE NETWORK L.L.C

    (765) 363-0899

    160 Total Sales

    Sean Dekker
    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
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Map

Source: Indiana Regional MLS

MLS Number: 202035146

Indiana Regional MLS

APN: 91-63-21-000-009.000-020

Indiana White County Monticello 47960

5559 E Colonial Oaks Dr, Monticello, IN

This home is located at 5559 E Colonial Oaks Dr, Monticello, IN 47960 since 01 September 2020 and is currently estimated at $778,702, approximately $213 per square foot. This property was built in 1965. 5559 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.

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