NOT LISTED FOR SALE

5731 E Sheridan Rd Monticello, IN 47960

Estimated Value: $447,000 - $470,000

2 Beds
1 Bath
1,600 Sq Ft
$288/Sq Ft Est. Value

Last Sold September 12, 2017

Last sale price $120,000 $75 Per Sq Ft

Est. 284% increase in value since last sale

Current estimated payment $2,606/month

100 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Lake Property
  • 1-Story Property
  • Pier or Dock
  • 1.5 Car Detached Garage
  • Central Air

About This Home

As of September 2017

Get ready for good times, great sailing or boating on Lake Freeman! The cottage interior is cleaned up and boasts a new lower level entrance door, new sliding glass door and other recent repairs. Conveniently located just minutes from Monticello and 22 miles to Lafayette. This 2 bedroom, 1 bath cottage has a lot of potential! Great views and outdoor entertaining from the generous 28' upper deck or lower level concrete patio on one of the wider areas on the lake. There is a swim deck on the water for even more enjoyment! Priced to sell "As Is".

Last Agent to Sell the Property

Pamela Simons

Koppelmann Real Estate Listed on: 04/02/2017

Last Buyer's Agent

Susie Eros

F.C. Tucker/Shook

F.C. Tucker/Shook

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,232

Year Built

  • Built in 1958

Lot Details

  • 4,095 Sq Ft Lot
  • Lot Dimensions are 50 x 82
  • 50 Feet of Waterfront
  • Sloped Lot

Parking

  • 1.5 Car Detached Garage
  • Gravel Driveway

Home Design

  • Walk-Out Ranch
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Living Room with Fireplace

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Walk-Out Basement
  • Block Basement Construction

Outdoor Features

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

Utilities

  • Central Air
  • Private Company Owned Well
  • Well

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 916328000021800020

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,232

Year Built

Built in 1958

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1958
  • Age: 59
  • Style: One Story
  • Architectural Style: Walkout Ranch
  • Total Number of Rooms: 5
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: GINGRICH 2ND ADD LOT 81
  • Parcel Number ID: 916328000021800020
  • Platted: Yes
  • Amenities: Deck on Waterfront
  • Cross Street: Snider
  • Location: Lake
  • Road Access: County
  • Road Surface: Asphalt
  • Sp Lp Percent: 100
  • Special Features: None

Interior Features

  • Total Sq Ft: 1600
  • Total Finished Sq Ft: 1600
  • Above Grade Finished Sq Ft: 880
  • Below Grade Finished Sq Ft: 720
  • Basement: Yes
  • Basement Foundation: Walk-Out Basement
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Flooring: Carpet, Laminate
  • Living Great Room: Dimensions: 11x12, On Level: Main
  • Kitchen: Dimensions: 11x11, On Level: Main
  • Family Room: Dimensions: 24x15, On Level: Lower
  • Bedroom 1: Dimensions: 11x11, On Level: Main
  • Bedroom 2: Dimensions: 11x11, On Level: Main
  • Main Level Sq Ft: 880
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 720

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Sea Wall Type: Concrete
  • Water Features: Pier/Dock
  • Water Frontage: 50
  • Water Name: Lake Freeman

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 1.5
  • Garage Size: Dimensions: 24x22
  • Garage Sq Ft: 528

Utilities

  • Cooling: Central Air
  • Heating Fuel: Conventional
  • Sewer: City
  • Water Utilities: Well
  • Electric Company: NIPSCO
  • Water Type: Lake
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Slope, Waterfront, 0-2.9999, Lake, Waterfront-High Bank
  • Lot Dimensions: 50 x 82
  • Estimated Lot Sq Ft: 4095
  • Estimated Lot Size Acres: 0.094
  • Zoning: L-1 Lake Residential

Tax Info

  • Annual Taxes: 1232
  • Total Assessed Value: 119100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2017
Closed on
Sep 12, 2017
Sold by
Stephen Cain L
Bought by
Sturgeon Skip R and Sturgeon Amy D
Seller's Agent
Pamela Simons
Koppelmann Real Estate
Buyer's Agent
Susie Eros
F.C. Tucker/Shook
List Price
$120,000
Sold Price
$120,000
Current Estimated Value
$460,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$340,767
Avg. Annual Appreciation
18.00%

Purchase Details

Closed on
Oct 8, 2010
Sold by
Loretta Cain
Bought by
Stephen Cain L
Source: Public Records

Range of Values:

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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
Sturgeon Skip R $115,000 White Cnty Title Co
Stephen Cain L -- Holder And Fehrenbach
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2017 09/12/17 Sold $120,000 0.0% $75 / Sq Ft
07/11/2017 07/11/17 Pending -- -- --
04/02/2017 04/02/17 For Sale $120,000 -- $75 / 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 $2,281 $374,900 $56,700 $318,200
2023 $1,793 $325,200 $56,700 $268,500
2022 $1,579 $271,100 $56,700 $214,400
2021 $1,414 $243,200 $56,700 $186,500
2020 $1,271 $222,700 $51,100 $171,600
2019 $1,155 $214,200 $47,500 $166,700
2018 $897 $179,600 $47,500 $132,100
2017 $1,269 $122,100 $33,200 $88,900
2016 $1,466 $122,100 $33,200 $88,900
2014 $1,329 $130,400 $33,200 $97,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201713346

Indiana Regional MLS

APN: 91-63-28-000-021.800-020