NOT LISTED FOR SALE

5811 E Sheridan Rd Monticello, IN 47960

Estimated Value: $267,379 - $327,000

0.47 Acre
$638,500 Price per Acre
20,473 Sq Ft Lot

Last Sold July 20, 2023

Last sale price $250,000

Est. 20% increase in value since last sale

Current estimated payment $1,699/month

321 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Pier or Dock
  • Shed
  • 132 Feet of Waterfront
  • Lake Property

About This Lot

As of July 2023

ONE-OF-A-KIND 132 FEET OF LAKE FREEMAN WATERFRONT PROPERTY READY TO DO JUST ABOUT ANYTHING YOU WANT. ALL THE HARD WORK IS DONE. PROPERTY BOASTS, 60X48 DECK OVER A THREE BAY PIERED BOAT LIFT SECOND TO NONE. SHORELINE LINED, SECURED AND READY FOR ALL YOUR WATER NEEDS. FULL ROAD OR STAIRS LEADS TO YOUR WATERFRONT WITH PARKING UNDER THE BOAT LIFT DECKING. TOP SIDE HAS LARGE AREA TO BUILD YOUR PERFECT LAKE HOME, ALREADY HAS A 200 AMP SEVICE AND 20 AMP AND 30 AMP AND 50 AMP CAMPER HOOKUPS. CALL TO TOUR THIS ONE TODAY. MLS#202235758

Last Agent to Sell the Property

Lawrence Moser

Twin Lakes Real Estate, Inc Listed on: 08/26/2022

Last Buyer's Agent

Lawrence Moser

Twin Lakes Real Estate, Inc Listed on: 08/26/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $650

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 156'x132'
  • 132 Feet of Waterfront
  • Lake Front
  • Property fronts a county road
  • Finished Lot(s)

Parking

  • Gravel Driveway

Schools

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

Utilities

  • Heating System Uses Gas

Community Details

  • Pier or Dock
  • Deeded Waterfront Access Rights
  • Waterski or Wakeboard
  • Seawall
  • Lake Property
  • Lake, Pond or Stream
  • Shed

Listing and Financial Details

  • Assessor Parcel Number 91-63-28-000-009.200-020

Property Details

Property Type

Land

Est. Annual Taxes

$650

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Waterfront: Yes
  • Legal Description: Gingrichadd lt 73 EX PT & lt 72 EX 8' E/E
  • Parcel Number ID: 91-63-28-000-009.200-020
  • Platted: Yes
  • Location: Lake
  • Road Access: County
  • Road Surface: Tar and Stone
  • Sp Lp Percent: 83.36
  • Parcel Description: Lake, Partially Wooded, Slope, Waterfront, Cable Available, Water View
  • Type of Sale: Traditional
  • Platted Development: Yes
  • Structure Bldg Imprvmnts: Yes
  • Type Use: Residential
  • Year Taxes Payable: 2023
  • Special Features: None

Exterior Features

  • Lake Type: Ski Lake
  • Sea Wall Type: Rip Rap
  • Water Features: Pier/Dock, Pier/Dock Available, Deeded
  • Water Frontage: 132
  • Water Name: Lake Freeman
  • Road Frontage: County

Garage/Parking

  • Parking: Gravel

Utilities

  • Electric Company: REMC
  • Gas Company: NIPSCO
  • Cable Company: Comcast, DirectTV, Dish Network
  • Water Type: Lake
  • Electricity Type: Available
  • Fuel Type: Gas
  • Sewer Type: Regional

Schools

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

Lot Info

  • Lot Dimensions: 156'x132'
  • Estimated Lot Sq Ft: 20473
  • Estimated Lot Size Acres: 0.47
  • Land Features: Shed

Tax Info

  • Annual Taxes: 650

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 26, 2022
Closed on
Jul 20, 2023
Sold by
Tm & Gloria J Babka Living Trust Dtd F
Bought by
Willson Timothy E
Seller's Agent
Lawrence Moser
Twin Lakes Real Estate, Inc
Buyer's Agent
Lawrence Moser
Twin Lakes Real Estate, Inc
List Price
$389,900
Sold Price
$250,000
Premium/Discount to List
-$139,900
-35.88%
Views
61
Current Estimated Value
$300,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,095
Avg. Annual Appreciation
8.38%

Purchase Details

Closed on
Feb 10, 2020
Sold by
Babka T M Living Trust
Bought by
Williams John E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
3.74%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Willson Timothy E $250,000 Columbia Title Inc
Williams John E $593,750 White Cnty Abs & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams John E $475,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2023 07/20/23 Sold $250,000 -16.6% --
05/14/2023 05/14/23 Price Changed $299,900 -16.7% --
10/08/2022 10/08/22 Price Changed $359,900 -7.7% --
08/26/2022 08/26/22 For Sale $389,900 -- --
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 $1,497 $123,100 $102,500 $20,600
2023 $1,424 $123,600 $102,500 $21,100
2022 $1,435 $123,600 $102,500 $21,100
2021 $653 $122,300 $102,500 $19,800
2020 $651 $121,300 $101,200 $20,100
2019 $889 $114,300 $94,000 $20,300
2018 $666 $83,800 $63,100 $20,700
2017 $724 $68,000 $68,000 $0
2016 $704 $68,000 $68,000 $0
2014 $710 $68,000 $68,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202235768

Indiana Regional MLS

APN: 91-63-28-000-009.200-020