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$929,900 ↓$65,000on 9/3/2024

5413 E Fairbanks Court Monticello, IN  47960

  • 4 Beds
  • 3 Baths
  • 4,236 sq. Ft

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Property Description for 5413 E Fairbanks Court Monticello, IN 47960

PRICE REDUCED !!! Best Views on Lake Shafer with 103' of Main Lake Frontage. 4 bed/3 bath ranch w/walkout basement to Lake. Vaulted living room ceilings main level, open kitchen/dining area. Lake views from nearly every room, wrap around deck off main level. Hardwood flooring, 6 panel oak doors, crown molding, tiled bathroom with jacuzzi tub. Basement has living areas, built-in cabinetry, wet bar. Main Bedroom has access to Lakeside composite deck, 10x8 walk-in closet, full bathroom. Laundry area has a folding table and built-in shelving. Lakeside improvements include; 2 bay permanent boatlift with pwc ramp and 30x30 composite deck up top for viewing lake activity. 36x48 Det. Garage and 3 lots (includes 3/16th Interest in Lake Easement) can be purchased also with the house for an $200,000.

Address:5413 E Fairbanks Court Monticello IN 47960
Status:Active
on site: 116 days
Price:$929,900
Bedrooms:4 Beds
Bathrooms:3 Full Baths
Sq. Feet:4,236
Year Built:1980
Lot Size:0.36
County: White County
Township: Union
School System : Twin Lakes
MLS #:202428632
Property Type:Site-Built Home

Lot Dimensions:103x142x124x140
Lot Description:Slope,Waterfront,0-2.9999,Lake,Waterfront-Medium Bank
Directions:W. Shafer Drive heading north towards Indiana Beach Amusement Park, turn East onto Norway Road, follow east to Beachview Court (right across from Pineview Golf Course Entrance), follow to T, turn East to house
Total Sq. Ft. :4,236
Garage:Attached
Basement:Yes

Loan Price
$5,585
Price And Interest $4,851/month
Property Tax $347/month
MTG INS $0/month
HOME INS $387/month
Price
$929,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$347/month
Home Owner Insurance
$4,644 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
09/03/24 $994,900 $929,900 -6.53%

RoomSizeLevel
Master Bedroom 15 x 14 Main
2nd Bedroom 15 x 14 Main
3rd Bedroom 16 x 12 Lower
4th Bedroom 16 x 11 Lower
Kitchen 21 x 16 Main
Family Room 20 x 23 Lower
Dining Room 12 x 23 Main
Living Room 23 x 23 Main
Den 10 x 15 Lower

Semi-Annual Property Tax:$2,079
Tax Year:2024
Mandatory HOA Fee:$

Subdivision: Beachview
Zip Code:47960

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

Total Sq. Ft.:4,236
Appliances:Dishwasher, Refrigerator, Window Treatments, Boat Lift-Permanent, Cooktop-Electric, Water Heater Gas, Water Softener-Owned, PWC Lift/Ramp-Perm
Exterior Features:Brick, Stone
Fuel:Gas, Conventional, Forced Air
Cool:Central Air
Heat:Gas, Conventional, Forced Air
Total Rooms:12
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 Vogel II, Gri with VOGEL 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

173
Avg. DOM
$193.74
Avg. $ / Sq.Ft.
$ 269,900
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 4704 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.