Closed

$253,000

5399 E 600 N, Monticello, IN 47960

3beds

1,056sqft

Single Family Residence

Built in 1942

7,884 Square Feet Lot

$292,400 Zestimate^®

$--/sqft

$1,899 Estimated rent

Home value

$292,400

$272,000 - $316,000

$1,899/mo

Zestimate^® history

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$1,500/mo

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$1,500/mo

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What's special

New boathouseNew roofSwim deckSteel seawallParty deck

Welcome to lake life! Here’s your rare opportunity, affordably priced and situated in a prime Lake Shafer location. This 3 bed, 2 bath, year-round lake cottage awaits its lucky new owners. Inside offers a spacious concept, with an oversized en-suite master bedroom, and plenty of lakeside windows off the living and dining room. The exterior serves as an entertainment paradise featuring multiple decks overlooking the water, and a new boathouse, swim deck, and party deck. Other exterior features include a new roof, steel seawall, and shed for additional storage. Perfectly located between the calmer northern waters and the busier southern main lake waters. Great opportunity to build sweat equity with some TLC. Furnishings negotiable. Inspections welcome but selling as-is. Priced to sell. See it today to make it yours!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Main level bedrooms: 3

Bedroom 1

Level: Main

Bedroom 2

Level: Main

Dining room

Level: Main
Area: 56
Dimensions: 7 x 8

Kitchen

Level: Main
Area: 108
Dimensions: 12 x 9

Living room

Level: Main
Area: 195
Dimensions: 13 x 15

Heating

Natural Gas, Forced Air

Cooling

Window Unit(s)

Features

Basement: Crawl Space
Has fireplace: No

Interior area

Total structure area: 1,056
Total interior livable area: 1,056 sqft
Finished area above ground: 1,056
Finished area below ground: 0

Property

Features

Levels: One
Stories: 1
Patio & porch: Deck
Has view: Yes
View description: Water
Has water view: Yes
Water view: Water
Waterfront features: Waterfront, Lake, Waterfront-Medium Bank, Deck on Waterfront, Pier/Dock, Lake Front, Ski Lake
Body of water: Lake Shafer
Frontage length: Channel/Canal Frontage(0),Water Frontage(45)

Lot

Size: 7,884 Square Feet
Dimensions: 45x175

Details

Additional structures: Shed
Parcel number: 918328000019.300010

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Vinyl Siding
Roof: Asphalt

Condition

New construction: No
Year built: 1942

Utilities & green energy

Sewer: Regional
Water: Well

Community & HOA

Community

Subdivision: None

Location

Region: Monticello

Financial & listing details

Tax assessed value: $120,600
Annual tax amount: $2,022
Date on market: 10/21/2023
Listing terms: Cash,Conventional

Price history

Date	Event	Price
10/20/2023	Sold	$253,000-6.3%
Source: IRMLS #202336171 Report a problem
10/13/2023	Pending sale	$269,900
Source: IRMLS #202336171 Report a problem
10/3/2023	Listed for sale	$269,900+92.9%
Source: IRMLS #202336171 Report a problem
10/24/2016	Listing removed	$139,900$132/sqft
Source: REAL ESTATE NETWORK L.L.C #201631307 Report a problem
8/20/2016	Price change	$139,900-3.5%$132/sqft
Source: REAL ESTATE NETWORK L.L.C #201631307 Report a problem
5/9/2016	Price change	$145,000-2%$137/sqft
Source: Koppelmann Real Estate #201554367 Report a problem
3/10/2016	Listed for sale	$148,000$140/sqft
Source: Koppelmann Real Estate #201554367 Report a problem
2/3/2016	Pending sale	$148,000$140/sqft
Source: Koppelmann Real Estate #201554367 Report a problem
12/1/2015	Listed for sale	$148,000$140/sqft
Source: Koppelmann Real Estate #201554367 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,761 +0.7%	$120,600 -44%
2024	$1,749 -0.7%	$215,500 +7.1%
2023	$1,761 +4.8%	$201,300 +14.1%
2022	$1,681 +3.9%	$176,500 +7.6%
2021	$1,617 +16.3%	$164,000 +13.7%
2020	$1,391 +3.4%	$144,200 +10.9%
2019	$1,346 -3.5%	$130,000 +1.1%
2018	$1,394	$128,600 +3.5%
2017	$1,394 -2.8%	$124,300
2016	$1,435	$124,300 -6.6%
2014	$1,435 +15.6%	$133,100 +0.4%
2013	$1,241 -17%	$132,600 +0.2%
2012	$1,495 -8.5%	$132,400 -7.2%
2011	$1,634 -8.7%	$142,700 -3.8%
2010	$1,790 +0.6%	$148,300 -2.8%
2009	$1,779	$152,600