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(SOLD) $399,000

206 E State Road 16 Road Monticello, IN  47960

  • 4 Beds
  • 2 Baths
  • 1,568 sq. Ft

Property Description for 206 E State Road 16 Road Monticello, IN 47960

Welcome to 206 SR 16, a professionally renovated, decorated, and landscaped 4 bedroom, 2 bathroom lakefront retreat. Meticulously maintained, thoughtfully designed, and perfectly suited for permanent residency or vacation home. Hidden in the calm northern waters of Lake Shafer, this low maintenance entertainment paradise features a newer roof, steel seawall, quartz countertops and backsplash, fresh paint, high quality LVP and tile flooring, updated plumbing and electricals, extended garage w/ 24x12 workshop, 20x12 carport, composite decking, and new double-boat double-jetski pier. The walkout basement brings you to some of the most extensive landscaping on the lake, including paver patios, numerous levels for entertaining, stone firepit, and a 16x45 vinyl-fenced enclosed privacy area. 94 feet of prime lake frontage gives you nearly twice the size as a standard lake lot. No detail has been overlooked, ready for its lucky new owners. Can be sold turn-key, all furnishings, decor, and water-crafts negotiable! Just in time for summer 2024, make the call, pack your bags, and welcome to lake life!

Address:206 E State Road 16 Road Monticello IN 47960
Status:Sold
Sold On: 6/12/2024
Price:$399,000
Bedrooms:4 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,568
Year Built:1950
Lot Size:0.29
County: White County
Township: Liberty
School System : North White School Corporation
MLS #:202416326
Property Type:Site-Built Home

Lot Dimensions:94X139
Lot Description:Waterfront,Lake,Waterfront-Medium Bank
Directions:Highway IN 39 to Buffalo at the stop light, turn right onto IN 119, home is on the left. IMPORTANT "If using GPS use the address 206 E SR-16"
Total Sq. Ft. :1,568
Garage:Detached
Basement:Yes

Loan Price
$2,372
Price And Interest $2,081/month
Property Tax $125/month
MTG INS $0/month
HOME INS $166/month
Price
$399,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$125/month
Home Owner Insurance
$1,992 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Master Bedroom 10 x 13 Main
2nd Bedroom 7 x 9 Main
3rd Bedroom 10 x 9 Main
4th Bedroom 9 x 11 Basement
Kitchen 9 x 14 Main
Family Room 10 x 14 Basement
Living Room 12 x 19 Main

Semi-Annual Property Tax:$749
Tax Year:2023 pay 2024
Mandatory HOA Fee:$

City:Monticello
Subdivision: None
Zip Code:47960

School System:North White School Corporation
High School:North White
Middle School:North White
Elementary School:North White Primary

Total Sq. Ft.:1,568
Exterior Features:Vinyl
Fuel:Gas, Forced Air
Cool:Central Air
Heat:Gas, Forced Air
Total Rooms:8
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Cody Miller with Redlow Group

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 2249 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.

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