NOT LISTED FOR SALE

5725 E Sheridan Rd Monticello, IN 47960

Estimated Value: $491,000 - $647,000

3 Beds
2 Baths
2,180 Sq Ft
$257/Sq Ft Est. Value

Last Sold October 13, 2021

Last sale price $422,400 $194 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,372/month

8 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Primary Bedroom Suite
  • Lake Property
  • Pier or Dock
  • Open Floorplan
  • Contemporary Architecture

About This Home

As of October 2021

NOTHING TO DO BUT ADMIRE THE VIEW! The only question is: Which of this property's ideal vantage points do you enjoy the panoramic lake view from? The moment you enter into the lofted rec/family space you are met by the views via the upper row of windows along the vaulted ceiling, or step into the master suite offering an equally spectacular vista. The lower level's living room, kitchen, & dining open concept continue the Lake Freeman field of vision with a non-stop wall of windows. The open, airy feel of this 2004 contemporary lake home is further enhanced by the many skylights throughout, making its 2000+ sq ftg. seem even bigger! But the sky is the only limit when you step out onto the massive 1300+ sq. ft. paver patio (complete w/ gas fire pit) & decks overlooking the water where your fun in the sun really begins! Covered permanent boat lift and jet-skis ramp, new seawall as well. Certainly this is one lake home you can't afford not to view!

Last Agent to Sell the Property

Sean Dekker

REAL ESTATE NETWORK L.L.C Listed on: 08/30/2021

Last Buyer's Agent

Bart Hickman

REAL ESTATE NETWORK L.L.C

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,614

Year Built

  • Built in 2004

Lot Details

  • Lot Dimensions are 50x80
  • 50 Feet of Waterfront
  • Lake Front
  • Backs to Open Ground
  • Rural Setting

Parking

  • Driveway

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Vaulted Ceiling
  • Water Views

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • 1 Bathroom in Basement
  • 2 Bedrooms in Basement

Outdoor Features

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

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 91-63-28-000-017.000-020

Community Details

Amenities

  • Community Fire Pit

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,614

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2004
  • Age: 17
  • Style: Two Story
  • Architectural Style: Contemporary
  • Total Number of Rooms: 7
  • Total Number of Rooms Below Grade: 5
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 1
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Gingrich 2nd Add Lot 83
  • Parcel Number ID: 91-63-28-000-017.000-020
  • Platted: Yes
  • Amenities: Built-In Speaker System, Cable Ready, Ceilings-Vaulted, Deck Open, Deck on Waterfront, Firepit, Open Floor Plan, Patio Open, Main Level Bedroom Suite
  • Location: Lake, Rural
  • Number Below Grade Bedrooms: 2
  • Sp Lp Percent: 98.26
  • Year Taxes Payable: 2020/payable 2021
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2180
  • Total Finished Sq Ft: 2180
  • Above Grade Finished Sq Ft: 964
  • Below Grade Finished Sq Ft: 1216
  • Price Per Sq Ft: 438.17
  • Basement: Yes
  • Basement Foundation: Full Basement, Walk-Out Basement, Finished
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Laminate, Vinyl
  • Living Great Room: Dimensions: 17x17, On Level: Main
  • Kitchen: Dimensions: 15x9, On Level: Lower
  • Dining Room: Dimensions: 15x9, On Level: Lower
  • Family Room: Dimensions: 15x11, On Level: Lower
  • Extra Room: WALK-IN CLOSET, Dimensions: 9x7, On Level: Main
  • Bedroom 1: Dimensions: 24x16, On Level: Main
  • Bedroom 2: Dimensions: 12x10, On Level: Lower
  • Bedroom 3: Dimensions: 11x10, On Level: Lower
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1216

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: Outbuilding, Dimensions: 8x8
  • Lake Type: Ski Lake
  • Sea Wall Type: Steel
  • Water Features: Pier/Dock
  • Water Frontage: 50
  • Water Name: Lake Freeman

Garage/Parking

  • Driveway: Concrete

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Conventional, Forced Air
  • Sewer: Regional
  • Water Utilities: Well
  • Gas Company: NIPSCO
  • Cable Company: Comcast
  • Laundry: Dimensions: Lowerx5, On Level: 5
  • 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: Waterfront, Lake, Water View, Waterfront-High Bank
  • Lot Dimensions: 50x80

Tax Info

  • Annual Taxes: 1613.72
  • Exemptions: Homestead

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
Aug 30, 2021
Closed on
Oct 13, 2021
Sold by
Bendle Jeffrey F
Bought by
Neal Edward Fearnot Living Trust
Seller's Agent
Sean Dekker
REAL ESTATE NETWORK L.L.C
Buyer's Agent
Bart Hickman
REAL ESTATE NETWORK L.L.C
List Price
$429,900
Sold Price
$422,400
Premium/Discount to List
-$7,500
-1.74%
Current Estimated Value
$560,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,872
Avg. Annual Appreciation
7.24%

Purchase Details

Listed on
Jan 21, 2013
Closed on
Jul 2, 2013
Sold by
Sullivan Kirk
Bought by
Bendle Jeffrey F
Seller's Agent
Gilda J Hickman
REAL ESTATE NETWORK L.L.C
Buyer's Agent
James Mann
REAL ESTATE NETWORK L.L.C
List Price
$290,000
Sold Price
$290,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.64%
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
Neal Edward Fearnot Living Trust $422,400 Columbia Title Inc
Bendle Jeffrey F $290,000 Peoples Savings & Loan Associa
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/13/2021 10/13/21 Sold $422,400 -1.7% $194 / Sq Ft
09/07/2021 09/07/21 Pending -- -- --
08/30/2021 08/30/21 For Sale $429,900 +48.2% $197 / Sq Ft
07/02/2013 07/02/13 Sold $290,000 0.0% $149 / Sq Ft View Prior Sale
06/22/2013 06/22/13 Pending -- -- --
01/21/2013 01/21/13 For Sale $290,000 -- $149 / 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 $5,210 $428,400 $57,300 $371,100
2023 $4,272 $370,800 $57,300 $313,500
2022 $3,571 $307,600 $57,300 $250,300
2021 $1,670 $276,500 $57,300 $219,200
2020 $1,537 $256,800 $52,100 $204,700
2019 $1,401 $247,200 $48,400 $198,800
2018 $1,118 $208,900 $48,400 $160,500
2017 $1,010 $205,400 $48,400 $157,000
2016 $1,004 $207,700 $48,400 $159,300
2014 $1,194 $225,000 $48,400 $176,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202136099

Indiana Regional MLS

APN: 91-63-28-000-017.000-020