5 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

School Info

Assigned Schools Information:

  • North White Jr/Sr High School, Public District Grades 7-12

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

$274.5K

Med. Price/SqFt

$169

Avg. Days On Market

62

# of Sold Homes

29

3616 E Bailey Rd vs Monticello

153 DAYS ON ROCKET

+91 Days

$389,900

+$115.4K More

$268/SqFt

+$98 More

KEY TAKEAWAY

This property is $115.4K more than the Median Sold Price and $98/SqFt more than other homes in Monticello, IN.

Based on homes sold in the last 12 months

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: 11/5/2024, 6:20:53 PM 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.

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$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.

High School

school-card-donut-2189063
6
/10

  • North White Jr/Sr High School

  • 305 E Broadway St

  • 5.13 miles

  • Public District Grades 7-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,783. Residents of Monticello, IN typically earn less than $35k each year. The most common type of family is single, no kids. Most residents in this area 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 are the assigned schools for this property?

The assigned schools for 3616 E Bailey Rd are:
North White Jr/Sr High School: GreatSchools Rating 6/10

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.

Over 6 listings were sold over their listed price in October 2024 in Monticello, IN. In the same period over 16 listings were sold below the listed price and 7 listings were sold for the listed price. The number of listings in Monticello, IN decreased by 12% between September 2024 and October 2024. In October 2024 median list price was $274,500 and the average listing age was 62 days.

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

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