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(SOLD) $180,000

5482 E COLONIAL OAKS Drive Monticello, IN  47960

  • 3 Beds
  • 1 Baths
  • 988 sq. Ft

Property Description for 5482 E COLONIAL OAKS Drive Monticello, IN 47960

This quaint ranch home is nestled in amongst trees but close to Lake Freeman. The bathroom has been totally renovated. Entertain your friends and family in the large backyard. Roof was updated in 2015 and the furnace and central air unit was updated in the fall of 2022. Updates from 2023: Electrical panel & meter upgraded from 100 amp to 200 amp. New glass cooktop stove, dishwasher, and garbage disposal. New windows throughout with 20 year warranty on window parts and glass. Eavestroughs & leaf guards added to exterior. Enjoy being close to the water and hearing the birds chirp in the summer. This home also comes with an easement to get down into the water. Enjoy the lake life by making this cozy home on Colonial Oaks Dr. yours! Inspections welcome, being sold AS-IS.

Address:5482 E COLONIAL OAKS Drive Monticello IN 47960
Status:Sold
Sold On: 7/31/2024
Price:$184,900
Bedrooms:3 Beds
Bathrooms:1 Full Baths
Sq. Feet:988
Year Built:1973
Lot Size:0.37
County: White County
Township: Union
School System : Twin Lakes
MLS #:202406985
Property Type:Site-Built Home

Lot Dimensions:100x149
Lot Description:Level,0-2.9999,Lake
Directions:Take State Rd 18 W/E Division Line Rd to S Springboro Rd in Prairie Township 29 min (23.0 mi) Right onto S Springboro Rd. Right onto E Chalmers Rd. Left onto S Freeman Rd. Right onto E Pierce Rd. Left onto S Yankee Dr. Left on Colonial Oak Dr.
Total Sq. Ft. :988
Basement:No

Loan Price
$1,042
Price And Interest $939/month
Property Tax $28/month
MTG INS $0/month
HOME INS $75/month
Price
$180,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$28/month
Home Owner Insurance
$900 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Master Bedroom 11 x 10 Main
2nd Bedroom 11 x 10 Main
3rd Bedroom 11 x 9 Main
Kitchen 10 x 15 Main
Living Room 14 x 13 Main

Semi-Annual Property Tax:$168
Tax Year:2023
Mandatory HOA Fee:$

City:Monticello
Subdivision: Other
Zip Code:47960

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

Total Sq. Ft.:988
Appliances:Refrigerator, Range-Electric, Water Heater Electric, Water Softener-Rented
Exterior Features:Vinyl
Fuel:Forced Air
Fireplace(s):Living/Great Rm, Gas Log, Ventless
Cool:Central Air
Heat:Forced Air
Total Rooms:5
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 Charise Goodnight with RE/MAX Realty One

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 4232 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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