NOT LISTED FOR SALE

5740 E Cedar Point Ct Monticello, IN 47960

Estimated Value: $451,000 - $643,000

3 Beds
4 Baths
2,052 Sq Ft
$260/Sq Ft Est. Value

Last Sold April 27, 2020

Last sale price $265,000 $129 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $3,280/month

154 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Primary Bedroom Suite
  • Corner Lot
  • Pier or Dock
  • Lake Property
  • 3 Car Attached Garage

About This Home

As of April 2020

LIVE THE GOOD LIFE WITH THIS CHARMING LAKE FREEMAN HOME. IDEALLY LOCATED ON A CORNER LOT, 3 BEDROOM, 2 1/2 BATH , HOME WITH 50' WATER FRONT. INTERIOR FEATURES SPACIOUS OPEN CONCEPT KITCHEN WITH STAINLESS STEEL APPLIANCES, LIVING ROOM WITH GAS FIREPLACE, HUGE FAMILY ROOM WITH WET BAR , AND A MASTER BED AND BATH WITH LARGE WALK-IN CLOSETS. EXTERIOR OFFERS LAKE LEVEL LOT WITH A A SPACIOUS PATIO, PIER AND DECK AT THE WATERFRONT, BOAT LIFT, JET SKI LIFT, CONCRETE SEAWALL, OVER SIZE GARAGE WITH PLENTY ROOM FOR STORAGE AND AN ADDITIONAL 1/2 BATH. DON'T MISS OUT ON THIS AWESOME HOME......

Last Agent to Sell the Property

Cheryl L Rycraft

REAL ESTATE NETWORK L.L.C Listed on: 11/14/2019

Last Buyer's Agent

Bart Hickman

REAL ESTATE NETWORK L.L.C

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $918

Year Built

  • Built in 1947

Lot Details

  • Lot Dimensions are 50 x 165
  • 50 Feet of Waterfront
  • Lake Front
  • Corner Lot
  • Level Lot

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2,052 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Living Room with Fireplace
  • Laundry on main level

Flooring

  • Carpet
  • Laminate
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite

Outdoor Features

  • Waterski or Wakeboard
  • 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

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 91-63-16-000-000.400-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$918

Year Built

Built in 1947

Lot Details

8,233 Sq Ft Lot

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1947
  • Style: One Story
  • Bedrooms: 3
  • Total Bathrooms: 4
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 2
  • Legal Description: CEDAR POINT SUB LOT 5
  • Parcel Number ID: 91-63-16-000-000.400-020
  • Platted: Yes
  • Amenities: Cable Ready, Garage Door Opener, Patio Open, Wet Bar, Main Level Bedroom Suite, Main Floor Laundry
  • Location: Lake
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2052
  • Total Finished Sq Ft: 2052
  • Above Grade Finished Sq Ft: 2052
  • Basement Foundation: Slab
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Concrete, Laminate
  • Living Great Room: Dimensions: 11x18, On Level: Main
  • Kitchen: Dimensions: 30x10, On Level: Main
  • Family Room: Dimensions: 35x12, On Level: Main
  • Bedroom 1: Dimensions: 15x14, On Level: Main
  • Bedroom 2: Dimensions: 17x10, On Level: Main
  • Bedroom 3: Dimensions: 14x12, On Level: Main
  • Other Room1: OFFICE, Dimensions: 10x9, On Level: Main
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 2

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: Shed, Dimensions: 8x10
  • Lake Type: Ski Lake
  • Water Features: Pier/Dock
  • Water Frontage: 50
  • Water Name: Lake Freeman

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 30x36
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Regional
  • Water Utilities: Well
  • Electric Company: REMC
  • Gas Company: NIPSCO
  • Water Type: Lake
  • Well Type: Private

Schools

  • Elementary School: Meadowlawn

Lot Info

  • Lot Description: Corner, Level, Waterfront, Waterfront-Level Bank
  • Lot Dimensions: 50 X 165

Tax Info

  • Annual Taxes: 917.56

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
Nov 14, 2019
Closed on
Apr 21, 2020
Sold by
Degner Terri B
Bought by
Mitchell Carrie M
Seller's Agent
Cheryl L Rycraft
REAL ESTATE NETWORK L.L.C
Buyer's Agent
Bart Hickman
REAL ESTATE NETWORK L.L.C
List Price
$295,000
Sold Price
$265,000
Premium/Discount to List
-$30,000
-10.17%
Current Estimated Value
$533,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,974
Avg. Annual Appreciation
12.82%
Original Mortgage
$238,500
Outstanding Balance
$209,015
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$324,959

Purchase Details

Closed on
May 18, 2010
Sold by
Michael S Lane
Bought by
Terri Degner
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Mitchell Carrie M $265,000 First American Mtg Solutions
Terri Degner $275,000 Indiana Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mitchell Carrie M $238,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2020 04/27/20 Sold $265,000 -7.7% $129 / Sq Ft
04/16/2020 04/16/20 Pending -- -- --
03/06/2020 03/06/20 Price Changed $287,000 -2.7% $140 / Sq Ft
11/14/2019 11/14/19 For Sale $295,000 -- $144 / Sq Ft
Source: Indiana Regional MLS

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 $6,342 $521,500 $59,800 $461,700
2023 $5,091 $441,900 $59,800 $382,100
2022 $3,114 $268,200 $59,800 $208,400
2021 $2,828 $238,000 $59,800 $178,200
2020 $2,608 $217,200 $53,900 $163,300
2019 $1,166 $212,300 $53,900 $158,400
2018 $918 $179,400 $53,900 $125,500
2017 $831 $176,800 $53,900 $122,900
2016 $813 $176,800 $53,900 $122,900
2014 $959 $189,200 $53,900 $135,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201949837

Indiana Regional MLS

APN: 91-63-16-000-000.400-020

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