NOT LISTED FOR SALE

814 E Terrace Bay Ct Monticello, IN 47960

Estimated Value: $467,000 - $576,771

4 Beds
2.5 Baths
2,113 Sq Ft
$241/Sq Ft Est. Value

Last Sold June 04, 2020

Last sale price $295,000 $140 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $3,189/month

98 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Open Floorplan
  • Backs to Open Ground
  • Pier or Dock
  • Lake Property
  • 2 Car Detached Garage

About This Home

As of June 2020

The perfect lake house getaway! BRING YOUR WATER TOYS because this home has the room! Prime lake level lot on Lake Freeman with a steel seawall. There is an electric boat lift, a manual boat lift and a jet ski lift. This 4 bedroom, 2.5 bathroom home is ready for fun and relaxation! 4th bedroom is above the sunroom, perfect for guests. You can enjoy parties in the large sunroom overlooking the lake, evenings by the fire and swimming off the dock. There is plenty of room for friends and family in the large open concept living, dining and kitchen! This property CAN BE turn-key and includes furnishings FOR THE RIGHT PRICE. Additional lot across the street with a 2 car garage is perfect for storage. Great location close to town for shopping and dining. Come see this summer dream!

Last Agent to Sell the Property

Brenda Sprunger

Redlow Group Listed on: 01/30/2020

Last Buyer's Agent

Jill Coble

REAL ESTATE NETWORK L.L.C

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,920

Year Built

  • Built in 1957

Lot Details

  • 9,583 Sq Ft Lot
  • 50 Feet of Waterfront
  • Lake Front
  • Backs to Open Ground
  • Level Lot

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Living Room with Fireplace
  • Water Views

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Block Basement Construction
  • Crawl Space

Outdoor Features

  • Waterski or Wakeboard
  • Seawall
  • Lake Property
  • Lake, Pond or Stream

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Private Company Owned Well
  • Well

Listing and Financial Details

  • Assessor Parcel Number 91-63-10-000-005.000-020

Community Details

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,920

Year Built

Built in 1957

Lot Details

0

HOA Fees

$17 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1957
  • Age: 63
  • Style: One Story
  • Total Number of Rooms: 8
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: Lakeries Add Lot 5 & OUT NW 10-26-03 .11
  • Parcel Number ID: 91-63-10-000-005.000-020
  • Platted: Yes
  • Amenities: Open Floor Plan
  • Location: Lake
  • Parcel Id2: 916310000004100020
  • Sp Lp Percent: 93.65
  • Year Taxes Payable: 2019
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2113
  • Total Finished Sq Ft: 2113
  • Above Grade Finished Sq Ft: 2113
  • Price Per Sq Ft: 139.61
  • Basement Foundation: Crawl, Slab
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Bedroom 1: Dimensions: 10x13, On Level: Main
  • Bedroom 2: Dimensions: 10x13, On Level: Main
  • Bedroom 3: Dimensions: 12x13, On Level: Main
  • Bedroom 4: Dimensions: 28x20, On Level: Upper
  • Other Room1: On Level: Main
  • Other Room 2: Sun Room, Dimensions: 29x21
  • Main Level Sq Ft: 2113
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Brick, Vinyl
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Sea Wall Type: Steel
  • Water Features: Pier/Dock
  • Water Frontage: 50
  • Water Name: Lake Freeman

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 30x24
  • Garage Sq Ft: 720
  • Garage: Yes

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Hot Water
  • Sewer: Regional
  • Water Utilities: Well
  • Water Type: Lake
  • Well Type: Private

Condo/Co-op/Association

  • Association Fees: 200
  • Association Fees Frequency: Annually

Schools

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

Lot Info

  • Lot Description: Level, Waterfront, Lake, Water View
  • Lot Dimensions: 50x100 & 45x110(estimated)
  • Estimated Lot Sq Ft: 9583
  • Estimated Lot Size Acres: 0.22

Tax Info

  • Annual Taxes: 1919.72

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
Jan 30, 2020
Closed on
Jun 4, 2020
Sold by
Sabol Lozi S
Bought by
Blank David
Seller's Agent
Brenda Sprunger
Redlow Group
Buyer's Agent
Jill Coble
REAL ESTATE NETWORK L.L.C
List Price
$315,000
Sold Price
$295,000
Premium/Discount to List
-$20,000
-6.35%
Current Estimated Value
$509,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,193
Avg. Annual Appreciation
8.77%
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
Blank David -- Columbia Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2020 06/04/20 Sold $295,000 -6.3% $140 / Sq Ft
05/07/2020 05/07/20 Pending -- -- --
01/30/2020 01/30/20 For Sale $315,000 -- $149 / 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 $4,778 $392,900 $107,900 $285,000
2023 $3,960 $343,700 $107,900 $235,800
2022 $3,420 $294,600 $107,900 $186,700
2021 $3,242 $272,900 $107,900 $165,000
2020 $2,983 $248,400 $97,200 $151,200
2019 $2,764 $239,800 $93,200 $146,600
2018 $2,362 $207,800 $93,200 $114,600
2017 $2,199 $206,400 $93,200 $113,200
2016 $2,136 $206,400 $93,200 $113,200
2014 $2,268 $217,400 $93,200 $124,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202003841

Indiana Regional MLS

APN: 91-63-10-000-005.000-020