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$499,900

  • 3 Beds
  • 4 Baths
  • 2,050 sq. Ft

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Property Description for 12924 N 1225 W Monticello, IN 47960

It’s not too late to get into your dream Lake Freeman home, with this turnkey and incredibly renovated 3 bedroom/3.5 bath stunner with incredible views and 100 feet of lake frontage!! Only 30 minutes from SR43/I-65, one could make this the perfect getaway home or a primary residence. Moreover, this has been approved to work as a short term rental, and the owners have had a good track record of it so this could really be a great investment too. Upon entry, you’ll be immediately greeted by warm and timeless thin plank hardwood flooring. This flows from the foyer and into the largest of 3 en suite bedrooms (this one spans 24x13) that boasts a gorgeous wood vaulted ceiling, a wet-bar, built in gas fireplace, and what is essentially a wall of windows to overlook the lake and makes the perfect reading nook for you or guests. The closet in this bedroom is large and offers built ins, and the en suite bathroom offers good storage, a dual sink vanity, and a garden tub/shower combo. The second bedroom is generously sized and has a tastefully renovated bathroom with a tiled faux Carrera marble shower, a new vanity, and ceramic hardwood flooring. The main level is where this home really shines though, and you’ll know it as soon as you see the view through the wall of windows overlooking the expansive deck and lake. The kitchen is a chef’s dream offering quality constructed soft close wood cabinetry, higher end appliances, sleek and modern wood work for the backsplash, trim, and hood, and the concrete countertops were executed perfectly (especially on the expansive island that could seat 8-10 people). You can set up the living areas in multiple ways given the space, but it’s currently set up for a great room and dining area, all of which of course is open to this dream kitchen. Just off the kitchen, you’ll find the third en suite bedroom whose bathroom is out of a magazine and offers an expansive walk in shower with a sitting bench and glass wall with black framing. There’s also another larger closet that’s closed off with a modern sliding door. Last features to mention are the big ticket items that have been addressed such as a newer metal roof (2022), newer well, newer concrete driveway, a newer retaining wall alongside the wall down from the house to the water, and a recently laid deck. Also, the area by the water is a large space that could even be made larger, and you’ll find shallow waters (3’ or less) out to about 15', perfect for swimming! Don't miss this one!!

Address:12924 N 1225 W Monticello IN 47960
Status:Active
on site: 84 days
Price:$499,900
Bedrooms:3 Beds
Bathrooms:3 Full Baths, 1 Half Baths
Sq. Feet:2,050
Year Built:1940
Lot Size:0.26
County: Carroll County
Township: Jefferson
School System : Twin Lakes
MLS #:202433463
Property Type:Site-Built Home

Lot Dimensions:107x90
Lot Description:Waterfront,Lake
Directions:Take US-421, turn left onto N 1200 W, turn left onto W 1250 N, turn right onto N 1225 W, home is on the left
Total Sq. Ft. :2,050
Basement:Yes

Loan Price
$2,979
Price And Interest $2,608/month
Property Tax $163/month
MTG INS $0/month
HOME INS $208/month
Price
$499,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$163/month
Home Owner Insurance
$2,496 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Master Bedroom 24 x 13 Main
2nd Bedroom 17 x 10 Upper
3rd Bedroom 15 x 15 Upper
Kitchen 32 x 10 Main
Dining Room 16 x 17 Main
Living Room 17 x 16 Main

Semi-Annual Property Tax:$979
Tax Year:2023 pay 2024
Mandatory HOA Fee:$

Subdivision: None
Zip Code:47960

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

Total Sq. Ft.:2,050
Appliances:Dishwasher, Microwave, Refrigerator, Washer, Window Treatments, Dryer-Electric, Oven-Electric, Range-Electric, Water Heater Electric, Water Softener-Owned
Exterior Features:Vinyl
Fuel:Forced Air
Fireplace(s):1st Bdrm
Cool:Central Air
Heat:Forced Air
Total Rooms:6
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Gregory Sporre with Keller Williams Lafayette

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

167
Avg. DOM
$194.02
Avg. $ / Sq.Ft.
$ 264,950
Med. List Price

The house prices in Monticello are indeed dropping at the moment. There has been a decrease in price of $14,421.17. 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 Down. The average house price is $274,900.00 and the average price per square feet is $192.10 per square feet. At the moment, the amount of homes listed is exactly 340 houses, with 89 with active status, 14 with pending status and 237 sold in Monticello .

The most popular place to buy a home in Monticello is 9101 - White - Monon. 9101 - White - Monon 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 $1,688.51. 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 61 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 2809 minutes ago.

At the moment we have 2 open houses that you can visit.

The cost of the most expensive home in Monticello is $995,000.00. 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 $85,000.00 . 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 1880 and the newest built house is in year 2024.

The average size of properties in Monticello is 1833.89 sq.ft. , the biggest one being 5232 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.