3935 E Parses Rd, Monticello, IN, 47960
About This Home
Completely renovated and full of charm, this adorable cottage-style home is ready for its new owners! Nestled on a spacious, private lot with beautiful water views from the back deck, this property offers the perfect blend of peaceful living and modern updates. Enjoy nearby lake access for boating, fishing, or simply taking in the beauty of the outdoors. Inside, you'll find a thoughtfully renovated interior featuring a brand-new kitchen with all-new appliances, an updated bathroom, new flooring throughout, and fresh finishes that make this home truly move-in ready. Whether you're looking for a year-round residence, a weekend retreat, or an investment opportunity, this charming home has it all. Step outside to relax on the back deck overlooking the water, take advantage of the small storage shed/outbuilding for your outdoor equipment and seasonal items, and enjoy the privacy and tranquility this unique property provides. This beautifully updated cottage is a rare opportunity to own a move-in-ready home with water views and nearby lake access.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1942
Materials
- Foundation: Slab
- Roof: Metal
- Construction materials: Brick,Stone,Wood Siding
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Microwave,Refrigerator,Electric Range
- Laundry features: Electric Dryer Hookup,Washer Hookup
Bedroom1
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 1
Features
- Ceiling Fan(s),Eat-in Kitchen,Stand Up Shower
- Flooring: Carpet,Vinyl
- Number of fireplaces: 1
- Fireplace features: Living Room
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 650
Heating & Cooling
- Heating features: Natural Gas,Wall Furnace
- Cooling features: None
Interior Area
- Total structure area: 650
- Total interior livable area: 650 sqft
Kitchen
- Level: Main
- Area: 120
Living Room
- Level: Main
- Area: 256
Property
Details
- Parcel number: 917306000013.601020
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Walk to Lake Access
Lot
- Lot size: 3,920 sqft
- Features: Level
Parking
- Parking features: Gravel
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Strong Wind
- Hail
- Inland Flooding
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $909 | $10,908 |
| Home Insurance * | $96 | $1,152 |
| Property Taxes | $146 | $1,752 |
| Electricity | $184 | $2,212 |
| Total | $1,335 | $16,020 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
WildfireHailWindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-05 | Price change | $165,000 |
| 2026-07-16 | Price change | $179,900 |
| 2026-06-26 | Listed for sale | $189,000 |
| 2026-05-01 | Sold | $92,500 |
| 2026-03-06 | Pending sale | $92,500 |
| 2026-03-03 | Listed for sale | $92,500 |
| 2023-10-04 | Listing removed | -- |
| 2023-07-06 | Listed for sale | $75,000 |
| 2021-08-31 | Listing removed | -- |
| 2021-06-02 | Listed for sale | $60,000 |
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