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(SOLD) $525,000

4732 E Lake Front Drive Monticello, IN  47960

  • 2 Beds
  • 4 Baths
  • 1,536 sq. Ft

Property Description for 4732 E Lake Front Drive Monticello, IN 47960

Imagine spending your summer evenings on the most beautiful lot on Lake Shafer, overlooking the first green at Tippecanoe Country Club and watching the fireworks from one of your three decks. 4732 E. Lake Front Drive offers amazing views year round with windows galore and sits on two lots with 99 feet of lake frontage, steel sea wall and boat dock. This home was built in 1996 and no expense was spared. Inside boasts an open floor plan with tons of natural light, two good size bedrooms, two full and two half baths. The beautifully landscaped and irrigated yard (with water from the lake) adds to the overall charm, creating a serene outdoor oasis. Whether you're entertaining guests, enjoying a quiet morning coffee, or watching the sunset, the landscaping enhances the natural beauty of the surroundings. The southern exposure ensures as much sunlight as possible and large covered deck make enjoying the beautiful views possible, regardless of the weather. In the last two years, this beauty has had new hardwood floors and new roof and new decking (over 1400 sq. ft.), and added a boatlift (negotiable with offer). To top it off, the concrete basement is completely dry for an abundance of storage. Ceiling fans in every room is enough to keep the house cool on most days. Embrace the lifestyle you've always dreamed of, where each day begins and ends with the tranquility of lakeside living. Whether you're seeking a weekend getaway or a permanent residence, this property on Lake Shafer offers a rare opportunity to experience the epitome of lakeside elegance.

Address:4732 E Lake Front Drive Monticello IN 47960
Status:Sold
Sold On: 4/26/2024
Price:$539,000
Bedrooms:2 Beds
Bathrooms:2 Full Baths, 2 Half Baths
Sq. Feet:1,536
Year Built:1996
Lot Size:0.25
County: White County
Township: Liberty
School System : Twin Lakes
MLS #:202407493
Property Type:Site-Built Home

Lot Dimensions:88x126
Lot Description:Waterfront,0-2.9999,Lake,Water View,Waterfront-Medium Bank
Directions:North on 39, left on 400, left on N Lake Road 28E, first right on E. Blue Spruce, left on E Lake Front, house is on the left
Total Sq. Ft. :1,536
Basement:Yes

Loan Price
$3,119
Price And Interest $2,739/month
Property Tax $161/month
MTG INS $0/month
HOME INS $219/month
Price
$525,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$161/month
Home Owner Insurance
$2,628 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Master Bedroom 14 x 11 Main
2nd Bedroom 13 x 18 Upper
Kitchen 10 x 13 Main
Dining Room 16 x 13 Main
Living Room 23 x 13 Main

Semi-Annual Property Tax:$964
Tax Year:2023
Mandatory HOA Fee:$

Subdivision: Lake View / Lakeview
Zip Code:47960

School System:Twin Lakes
High School:Twin Lakes
Middle School:Roosevelt
Elementary School:Meadowlawn

Total Sq. Ft.:1,536
Appliances:Dishwasher, Microwave, Refrigerator, Cooktop-Electric, Dryer-Electric, Oven-Built-In, Water Heater Gas, Water Softener-Owned
Exterior Features:Vinyl
Fuel:Gas
Fireplace(s):Living/Great Rm
Cool:Central Air
Heat:Gas
Total Rooms:5
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Schools in 4732 E Lake Front Drive Monticello, IN  47960


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Listing provided courtesy of James Tonnsen with Trueblood Real Estate

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.



Monticello Market Report

132
Avg. DOM
$205.06
Avg. $ / Sq.Ft.
$ 317,450
Med. List Price

The house prices in Monticello are not dropping at the moment. There has been a increase in price of $110,358.33. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Monticello are going Up. The average house price is $300,000.00 and the average price per square feet is $183.50 per square feet. At the moment, the amount of homes listed is exactly 206 houses, with 53 with active status, 12 with pending status and 141 sold in Monticello .

The most popular place to buy a home in Monticello is 9106 - White - Union. 9106 - White - Union is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Monticello .

The average amount of property taxes you would have to pay for a home in Monticello is $1,875.78. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Monticello are staying listed for an average of 65 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Monticello was 2666 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in Monticello is $1,169,900.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Monticello is $44,900.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Monticello in year 1870 and the newest built house is in year 2023.

The average size of properties in Monticello is 1990.94 sq.ft. , the biggest one being 4858 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.