NOT LISTED FOR SALE

702 E Terrace Bay Ct Monticello, IN 47960

Estimated Value: $774,000 - $1,217,717

5 Beds
3.5 Baths
5,131 Sq Ft
$212/Sq Ft Est. Value

Last Sold March 11, 2019

Last sale price $535,000 $104 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $6,614/month

10 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Basketball Court
  • Open Floorplan
  • Pier or Dock
  • Primary Bedroom Suite
  • Lake Property

About This Home

As of March 2019

Spacious and amazing with so many additional features - you won't want to pass up the opportunity to purchase it. 2 Boathouses. The partial basement features a walk out to the waterfront improvements and has a full bath, bar area, dining area, and a family room with fireplace. The main level has a beautiful open great room with terrific views of the water and a fireplace. There is a four seasons room with a wood burning stove off the large formal living room. The dining area joins a maple kitchen with granite counters and under cabinet lighting. The master suite has an additional patio area just for the master suite. The suite includes 2 office areas - possible for a den/nursery and an office! All this and a second story with 4 additional bedrooms and bath.

Last Agent to Sell the Property

Lisa Dague

Lisa Dague Realty Listed on: 01/08/2019

Last Buyer's Agent

Christine Clugh Thomas

Raeco Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,660

Year Built

  • Built in 1992

Lot Details

  • 1.2 Acre Lot
  • 100 Feet of Waterfront
  • Lake Front
  • Backs to Open Ground
  • Landscaped
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-in Bookshelves
  • Built-In Features
  • Woodwork
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Great Room
  • Living Room with Fireplace
  • 3 Fireplaces
  • Water Views
  • Gas Dryer Hookup

Kitchen

  • Breakfast Bar
  • Stone Countertops
  • Utility Sink
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Bedroom
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Bathtub With Separate Shower Stall
  • Garden Bath

Partially Finished Basement

  • Fireplace in Basement
  • Block Basement Construction
  • 1 Bathroom in Basement
  • Crawl Space

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Sun Deck
  • Waterski or Wakeboard
  • Seawall
  • Lake Property
  • Lake, Pond or Stream
  • Basketball Court
  • Covered Deck
  • Covered Patio or Porch

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 91-63-10-000-003.100-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,660

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1992
  • Age: 27
  • Style: One and Half Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 16
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 4
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Legal Description: Lakeries add Lot 21 & Lot 22 & Out NW 10-26-3; .57 & .13
  • Parcel Number ID: 91-63-10-000-003.100-020
  • Platted: Yes
  • Amenities: Breakfast Bar, Built-In Bookcase, Built-in Desk, Cable Ready, Ceiling-9+, Ceiling-Cathedral, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Stone, Court-Basketball, Crown Molding, Deck Covered, Deck Open, Deck on Waterfront, Detector-Carbon Monoxide, Detector-Smoke, Disposal, Dryer Hook Up Gas, Garage Door Opener, Garden Tub, Landscaped, Natural Woodwork, Open Floor Plan, Porch Covered, Porch Florida, Six Panel Doors, Split Br Floor Plan, Utility Sink, Wet Bar, Stand Up Shower, Tub and Separate Shower, Tub/Shower Combination, Main Level Bedroom Suite, Great Room
  • Location: Lake
  • Parcel Id2: 916310000003200020
  • Sp Lp Percent: 100
  • Special Features: None

Interior Features

  • Total Sq Ft: 5131
  • Total Finished Sq Ft: 5131
  • Above Grade Finished Sq Ft: 4099
  • Below Grade Finished Sq Ft: 1032
  • Price Per Sq Ft: 130.52
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Basement Material: Block, Poured Concrete
  • Number Of Fireplaces: 3
  • Fireplace: Extra Rm, Family Rm, Living/Great Rm, Gas Log, Basement, Wood Burning Stove
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet, Tile
  • Living Great Room: Dimensions: 26x21, On Level: Main
  • Kitchen: Dimensions: 16x10, On Level: Main
  • Dining Room: Dimensions: 13x16, On Level: Main
  • Family Room: Dimensions: 26x23, On Level: Main
  • Den: Dimensions: 17x13, On Level: Main
  • Recreation Room: Dimensions: 11x26, On Level: Lower
  • Extra Room: Bar area, Dimensions: 36x11, On Level: Lower
  • Bedroom 1: Dimensions: 24x13, On Level: Main
  • Bedroom 2: Dimensions: 12x10, On Level: Upper
  • Bedroom 3: Dimensions: 11x10, On Level: Upper
  • Bedroom 4: Dimensions: 15x10, On Level: Upper
  • Bedroom 5: Dimensions: 12x10, On Level: Upper
  • Other Room1: Mud Room, Dimensions: 10x8, On Level: Main
  • Other Room 2: Office, Dimensions: 11x17, On Level: Main
  • Other Room 3: office, Dimensions: 11x12, On Level: Main
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1032

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: Pole/Post Building, Dimensions: 83x31, 2573
  • Lake Type: Ski Lake
  • Sea Wall Type: Steel
  • Water Features: Pier/Dock
  • Water Frontage: 100
  • Water Name: Lake Freeman

Garage/Parking

  • Driveway: Concrete, Gravel
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 23x23
  • Garage Sq Ft: 529
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Regional
  • Water Utilities: Well
  • Electric Company: REMC
  • Gas Company: NIPSCO
  • Laundry: Dimensions: Mainx12, On Level: 10
  • Water Type: Lake
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Level, Waterfront, Lake, Water View, Waterfront-Medium Bank
  • Lot Dimensions: Irreg
  • Estimated Lot Sq Ft: 52272
  • Estimated Lot Size Acres: 1.2

Green Features

  • Energy Efficient Windows/Doors: Double Pane Windows

Tax Info

  • Annual Taxes: 3660
  • Exemptions: Homestead, Mortgage

Multi Family

  • Water Access: Lakefront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2019
Closed on
Jan 25, 2019
Sold by
Fifth Third Bk
Bought by
Clugh Larry R
Seller's Agent
Lisa Dague
Lisa Dague Realty
Buyer's Agent
Christine Clugh Thomas
Raeco Realty
List Price
$535,000
Sold Price
$535,000
Current Estimated Value
$1,089,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$554,179
Avg. Annual Appreciation
10.10%
Source: Public Records

Range of Values:

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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
Clugh Larry R $535,000 Servicelink
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2019 03/11/19 Sold $535,000 0.0% $104 / Sq Ft
01/18/2019 01/18/19 Pending -- -- --
01/08/2019 01/08/19 For Sale $535,000 -- $104 / 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 $8,154 $1,110,600 $174,800 $935,800
2023 $6,225 $950,500 $174,800 $775,700
2022 $5,509 $791,900 $174,800 $617,100
2021 $4,942 $708,400 $174,800 $533,600
2020 $3,795 $553,700 $165,000 $388,700
2019 $4,227 $640,100 $158,800 $481,300
2018 $3,447 $537,300 $158,800 $378,500
2017 $3,165 $533,700 $158,800 $374,900
2016 $3,124 $538,400 $158,800 $379,600
2014 $3,585 $573,600 $158,800 $414,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201901089

Indiana Regional MLS

APN: 91-63-10-000-003.100-020