$519,000
SOLD OCT 23, 2025

5793 E Pierce Rd Monticello, IN 47960

4 Beds
3 Baths
3,556 Sq Ft
0.85 Acres

Recently Sold

$146 Per Sq Ft

5% Below List Price

35 Days on Market

Highlights

  • 10 Feet of Waterfront
  • Access To Lake
  • Dock Rights
  • Pier or Dock
  • Lake Property
  • Living Room with Fireplace

About This Home

As of October 2025

Discover the charm of this beautifully updated ranch home with a finished walk-out basement, featuring breathtaking lake views from the oversized lakeside windows. Enjoy access to your lake easement featuring boat and waverunner lifts, just a quick walk or golf cart ride away. There is a new kitchen boasting premium appliances, expansive quartz countertops, and a stunning lake view for the cook. Revel in the elegance of new flooring, four spacious bedrooms, and three beautifully appointed bathrooms, each with tiled showers. Experience abundant living space with a versatile lower level, complete with its own entry, bedroom, bathroom, kitchen, family room, and recreational area. This adaptable space is ideal for separate living quarters or as a private retreat for guests. There is a large, new deck, and this lake subdivision offers a common area with a pickleball court, plus a convenient boat ramp. With an annual HOA fee of just $100/yr and low property taxes, this is an exceptional opportunity to embrace an affordable lake lifestyle. This beautifully updated lake home, situated on nearly an acre of land, eagerly awaits your arrival.

Last Agent to Sell the Property

Christine Thayer

REAL ESTATE NETWORK L.L.C Brokerage Phone: 574-870-1354 Listed on: 09/15/2025

Last Buyer's Agent

John Koppelmann

Koppelmann Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,541

Year Built

  • Built in 1969

Lot Details

  • 0.85 Acre Lot
  • 10 Feet of Waterfront

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Walk-Out Ranch
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Water Views

Kitchen

  • Breakfast Bar
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

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

Outdoor Features

  • Access To Lake
  • Waterski or Wakeboard
  • Dock Rights
  • 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
  • Private Company Owned Well
  • Well

Listing and Financial Details

  • Assessor Parcel Number 91-63-21-000-003.700-020

Community Details

Overview

  • Pierces Lakewood Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,541

Year Built

Built in 1969

Lot Details

0

HOA Fees

$8 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1969
  • Architectural Style: Walkout Ranch
  • Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: PIERCES LAKEWOOD ADD PT LOT 23 .845
  • Parcel Number ID: 91-63-21-000-003.700-020
  • Platted: Yes
  • Amenities: Breakfast Bar, Ceiling Fan(s), Deck Open, Disposal, Garage Door Opener, Porch Covered, Six Panel Doors
  • Location: Lake
  • Number Below Grade Bedrooms: 1
  • Special Features: None

Interior Features

  • Total Sq Ft: 3556
  • Total Finished Sq Ft: 3556
  • Above Grade Finished Sq Ft: 1963
  • Below Grade Finished Sq Ft: 1593
  • Basement: Yes
  • Basement Foundation: Full Basement, Walk-Out Basement, Finished, Outside Entrance
  • Basement Material: Block
  • Number Of Fireplaces: 2
  • Fireplace: Living/Great Rm, Gas Log
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Living Great Room: Dimensions: 27x23, On Level: Main
  • Kitchen: Dimensions: 23x13, On Level: Main
  • Breakfast Room: Dimensions: 10x9, On Level: Main
  • Family Room: Dimensions: 26x18, On Level: Lower
  • Recreation Room: Dimensions: 13x13, On Level: Lower
  • Extra Room: Bsmt Kit, Dimensions: 14x13
  • Bedroom 1: Dimensions: 15x13, On Level: Main
  • Bedroom 2: Dimensions: 13x12, On Level: Main
  • Bedroom 3: Dimensions: 10x10, On Level: Main
  • Bedroom 4: Dimensions: 13x12, On Level: Lower
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1593

Exterior Features

  • Exterior: Brick
  • Roof Material: Shingle
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Water Features: Boat Docking Rights, Pier/Dock, Walk to Lake Access
  • Water Frontage: 10
  • Water Name: Lake Freeman

Garage/Parking

  • Driveway: Asphalt
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 28x26
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Regional
  • Water Utilities: Well
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Laundry: Dimensions: Mainx6, On Level: 8
  • Water Type: Lake
  • Well Type: Private

Condo/Co-op/Association

  • Association Fees: 100
  • Association Fees Frequency: Annually

Schools

  • Elementary School: Meadowlawn

Lot Info

  • Lot Description: Water View
  • Lot Dimensions: 113x361x120x355 per GIS
  • Estimated Lot Sq Ft: 36808
  • Estimated Lot Size Acres: 0.85
  • Lot Number: 23

Tax Info

  • Annual Taxes: 4540.92

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
Apr 28, 2022
Closed on
May 27, 2022
Sold by
Wells Patrick W and Wells Christine A
Bought by
Tracy Barton
Seller's Agent
Garrett Criswell
Raeco Realty
List Price
$399,900
Sold Price
$420,000
Premium/Discount to List
$20,100
5.03%
Current Estimated Value
$528,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,334
Avg. Annual Appreciation
6.45%

Purchase Details

Listed on
Feb 15, 2017
Closed on
Sep 15, 2017
Sold by
Moore Robert E and Moore Ruth A
Bought by
Wells Patrick W and Wells Christine A
Seller's Agent
Gregory Vogel
VOGEL REAL ESTATE
Buyer's Agent
Gregory Vogel
VOGEL REAL ESTATE
List Price
$254,900
Sold Price
$209,000
Premium/Discount to List
-$45,900
-18.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.01%
Original Mortgage
$205,214
Interest Rate
3.75%
Mortgage Type
FHA
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 Type Sale Price Title Company
Deed $420,000 Metropolitan Title Company
Grant Deed $207,266 Columbia Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $205,214 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/23/2025 10/23/25 Sold $519,000 -5.1% $146 / Sq Ft
10/20/2025 10/20/25 Pending -- -- --
09/15/2025 09/15/25 For Sale $546,900 +30.2% $154 / Sq Ft
05/27/2022 05/27/22 Sold $420,000 +5.0% $118 / Sq Ft View Prior Sale
05/19/2022 05/19/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $399,900 +91.3% $112 / Sq Ft
09/15/2017 09/15/17 Sold $209,000 -18.0% $60 / Sq Ft View Prior Sale
08/08/2017 08/08/17 Pending -- -- --
02/15/2017 02/15/17 For Sale $254,900 -- $74 / 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 $4,541 $373,400 $32,500 $340,900
2023 $3,854 $334,500 $32,500 $302,000
2022 $1,467 $256,600 $23,200 $233,400
2021 $1,312 $230,300 $23,200 $207,100
2020 $1,262 $222,600 $23,200 $199,400
2019 $1,205 $222,600 $23,200 $199,400
2018 $1,094 $209,800 $23,200 $186,600
2017 $2,301 $286,900 $95,300 $191,600
2016 $1,464 $286,900 $95,300 $191,600
2014 $1,680 $302,200 $95,300 $206,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202537415

Indiana Regional MLS

APN: 91-63-21-000-003.700-020