6 months on rocket

3616 E Bailey Rd, Monticello, IN, 47960

$389,900

Home List Price

$4,630*

Closing Credit

2 Bedrooms
2 Full Baths
$268/SqFt
House

Location

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3616 E Bailey Rd, Monticello$389,900

Buyer Closing Credits

$4,630*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1950
HeatingOther
CoolingCentral Air
WaterfrontLake Front
MLS #202420352
Lot Size0.63 Acres
StatusActive

About 3616 E Bailey Rd

Welcome to one of the best locations on Lake Shafer, 3616 Bailey Rd. Situated within the peaceful waters of Big Monon Bay, only 5 minutes to the all sports main lake. This meticulously maintained 2 bed, 2 bath home features a walkout lakeside basement that can be a flex family room, wet bar, or third bedroom. On the main level, you're met with a spacious kitchen that leads into an oversized 15x21 great room with bay windows overlooking your water frontage. Fresh paint and updated fixtures highlight the interior. Exterior features include minimal stairs to your 50' of lake frontage, 3 large storage sheds for lake hobbies, freshly stained water-side deck and piers, permanent electric boathouse, and a jetski lift. This lake life opportunity comes with an extra .50 acre residential lot, perfect for additional storage, living space, or parking. All appliances stay, furnishings negotiable! Schedule to see your new slice of paradise today!

Property Details

Property Features

Property Information:

  • Year Built: 1950

Listing Office:

  • Office Name: Redlow Group
  • Listing Agent: Cody Miller

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Lake Front
  • Exterior: Vinyl

Virtual/3D Tour

  • Virtual Tour: 3616 E Bailey Rd
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Lot Features

Lot Information:

  • Lot: Waterfront
  • Lot Size: 0.63 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Take N Main St, Turn left onto Rickey Rd, Turn right onto NW Shafer Dr, Turn left onto E Monon Rd, Continue onto E Bailey Rd, Home will be on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $389,900
  • Price Per SqFt: $268/SqFt

Tax Information:

  • Annual Amount: $1,921
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Monticello, IN.

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Monticello, IN

City

Med. Sold Price

$232.5K

Med. Price/SqFt

$147

# of Sold Homes

8

3616 E Bailey Rd vs Monticello

195 DAYS ON ROCKET

$389,900

+$157.4K More

$268/SqFt

+$121 More

KEY TAKEAWAY

This property is $157.4K more than the Median Sold Price and $121/SqFt more than other homes in Monticello, IN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #202420352

Listing Office:

  • Office Name: Redlow Group
  • Listing Agent: Cody Miller

IDX The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 6:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,921$151,000
2019$1,817$147,000
2018$1,700$140,400
2017$1,779$139,100

History based on county public records data.

Payment Calculator

$2,013

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,235

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4417125
3
/10

  • North White Elementary School

  • 304 E Broadway St

  • 4.57 miles

  • Public District Grades KG-5

school-card-donut-4417126
5
/10

  • Meadowlawn Elementary School

  • 715 W Ohio St

  • 6.62 miles

  • Public District Grades KG-5

school-card-donut-4417127
7
/10

  • Oaklawn Elementary School

  • 402 E South St

  • 6.95 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,783. The most common annual income of people living in Monticello, IN is less than $35k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3616 E Bailey Rd

What is the listing price of this property?

The listing price of 3616 E Bailey Rd property is $389,900.

What type of property is this?

The property 3616 E Bailey Rd is a house located in Monticello, Indiana, 47960.

Is this property for sale now?

Active Listing: 3616 E Bailey Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,921 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 3616 E Bailey Rd has 2 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 3616 E Bailey Rd is 1950.

Rocket Homes›Indiana›White County›Monticello›47960›3616 E Bailey Rd

This home is located at 3616 E Bailey Rd in Monticello, IN and zip code 47960. This home was built in 1950. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 05, 2024 and is currently priced at $389,900.

While more than 2 listings in Monticello, IN in November 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 6 were sold below. Between October 2024 and November 2024, Monticello, IN real estate market has seen decrease in the number of listings by 16.9%.

From Rocket Homes Real Estate and based on county public records data.

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