NOT LISTED FOR SALE

5845 E Sheridan Rd Monticello, IN 47960

Estimated Value: $356,530 - $479,000

3 Beds
2 Baths
1,168 Sq Ft
$342/Sq Ft Est. Value

Last Sold October 04, 2018

Last sale price $198,000 $170 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $2,382/month

42 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Lake Property
  • Balcony
  • Pier or Dock
  • Vaulted Ceiling
  • In-Law or Guest Suite

About This Home

As of October 2018

Double your lake pleasure from these 2 darling Lake Freeman cottages setting on prime lake front offering breathtaking views. The main cottage has 2 bedrooms, 1 bathroom, 768 sqft, & offers a large kitchen, lots of windows for views & natural light, large deck & is nicely updated. Additional lakeside guest cottage offers 1 bedroom, 1 bathroom, 400 sqft, an open concept floor plan & it's own lakeside deck. More outdoor living space offered from the large deck above the permanent covered electric boat lift. Also, a steel sea wall and great swimming at the waters edge. If you're looking for cute & huge lake views, look no further!

Last Agent to Sell the Property

Bart Hickman

REAL ESTATE NETWORK L.L.C Listed on: 08/17/2018

Last Buyer's Agent

Ryan Clemons

Redlow Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,417

Year Built

  • Built in 1960

Lot Details

  • 10,759 Sq Ft Lot
  • Lot Dimensions are 50x215
  • 50 Feet of Waterfront
  • Lake Front
  • Landscaped

Home Design

  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,168 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling

Kitchen

  • Kitchenette
  • Kitchen Island

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite
  • Separate Shower

Outdoor Features

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

Utilities

  • Central Air
  • Window Unit Cooling System
  • Private Company Owned Well
  • Well

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 91-63-28-000-010.300-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,417

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1960
  • Age: 58
  • Style: Two Story
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Gingrich Add Lot 67 |
  • Parcel Number ID: 91-63-28-000-010.300-020
  • Platted: Yes
  • Amenities: Balcony, Ceilings-Vaulted, Deck Open, Deck on Waterfront, Guest Quarters, Kitchen Island, Landscaped, Wet Bar, Kitchenette, Stand Up Shower
  • Location: Lake
  • Sp Lp Percent: 99.05
  • Special Features: None

Interior Features

  • Total Sq Ft: 1168
  • Total Finished Sq Ft: 1168
  • Above Grade Finished Sq Ft: 1168
  • Price Per Sq Ft: 169.52
  • Basement Foundation: Slab
  • Flooring: Carpet, Tile, Vinyl
  • Living Great Room: Dimensions: 11x16, On Level: Main
  • Kitchen: Dimensions: 17x13, On Level: Main
  • Bedroom 1: Dimensions: 7x11, On Level: Upper
  • Bedroom 2: Dimensions: 7x11, On Level: Upper
  • Bedroom 3: Dimensions: 14x7, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None
  • Channel Canal Frontage: 50
  • Lake Type: Ski Lake
  • Water Features: Pier/Dock Available
  • Water Frontage: 50
  • Water Name: Lake Freeman

Utilities

  • Cooling: Central Air, Window
  • Heating Fuel: Electric
  • Sewer: Regional
  • Water Utilities: Well
  • 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: Lake, Waterfront-High Bank
  • Lot Dimensions: 50x215
  • Estimated Lot Sq Ft: 10759
  • Estimated Lot Size Acres: 0.247

Tax Info

  • Annual Taxes: 1416.98

Multi Family

  • Water Access: Lakefront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2018
Closed on
Oct 1, 2018
Sold by
Willams Brian W and Willams Amanda L
Bought by
Jones Travis O and Smock William D
Seller's Agent
Bart Hickman
REAL ESTATE NETWORK L.L.C
Buyer's Agent
Ryan Clemons
Redlow Group
List Price
$199,900
Sold Price
$198,000
Premium/Discount to List
-$1,900
-0.95%
Current Estimated Value
$398,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,883
Avg. Annual Appreciation
10.41%
Original Mortgage
$158,400
Outstanding Balance
$138,134
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$260,749

Purchase Details

Closed on
Dec 2, 2010
Sold by
Kudla Vivian
Bought by
Williams William L and Williams Amanda L
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
Jones Travis O $198,000 Attorney Only
Williams William L $175,000 White Co Abstract & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Travis O $158,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2018 10/04/18 Sold $198,000 -1.0% $170 / Sq Ft
09/28/2018 09/28/18 Pending -- -- --
08/17/2018 08/17/18 For Sale $199,900 -- $171 / 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 $3,478 $286,000 $80,000 $206,000
2023 $2,904 $252,100 $80,000 $172,100
2022 $2,494 $214,800 $80,000 $134,800
2021 $2,360 $198,600 $80,000 $118,600
2020 $2,173 $181,000 $72,100 $108,900
2019 $1,992 $172,800 $67,000 $105,800
2018 $1,515 $133,300 $67,000 $66,300
2017 $1,417 $133,000 $67,000 $66,000
2016 $1,384 $133,700 $67,000 $66,700
2014 $1,457 $139,600 $67,000 $72,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201837144

Indiana Regional MLS

APN: 91-63-28-000-010.300-020