$880,000

3743 N West Shafer Dr Monticello, IN 47960

Estimated payment $5,087/month

Total Views 746
3 Beds
2 Baths
1,860 Sq Ft
$473 Price per Sq Ft

Highlights

  • 60 Feet of Waterfront
  • 2 Car Detached Garage
  • Central Air
  • Lake, Pond or Stream
  • 1-Story Property
  • Waterski or Wakeboard

About This Home

Experience lakeside living at its finest in this stunning 3-bedroom, 2-bath home built in 2005. Perfectly situated on Lake Shafer’s main lake yet tucked away in a private cove with 160 foot of waters edge. Sitting on over an acre of professionally landscaped grounds, with 300' of road frontage, this property is designed for both relaxation and entertaining. Inside, the home features luxury vinyl plank floors, soaring wall-to-ceiling windows with lake views, and a freshly painted interior. The ensuite master suite provides a serene retreat on main level, while newer appliances and a security system offer modern convenience. A new central air system and electric heat pump (2025) plus a new roof (2022) ensure peace of mind. Step outside to discover three tiers of hardscape retaining walls accented by unilock hardscape pavers, Trex decks, black railings, concrete patio steps, and a sunroom off of the walkout basement. The lower tier boasts its own putting green and provides shaded lounging areas on each level. On the water, enjoy a steel seawall, a 2-boat/ jet ski permanent lift with upper party deck, swim area, and new 50-amp dock service. Additional land purchased adds even more privacy, making this property a true retreat which is perfect for campfires and camping lake side! A heated/ cooled detached garage currently serves as a party space, and the concrete drive provides ample parking. This Lake Shafer beauty offers the feeling of a mini vacation getaway every day — schedule your private showing to experience it for yourself.

Listing Agent

Garrett Criswell

Raeco Realty - Monticello Listed on: 09/11/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,776

Year Built

  • Built in 2005

Lot Details

  • 1.05 Acre Lot
  • 60 Feet of Waterfront
  • Lake Front
  • Irregular Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Poured Concrete
  • Cement Board or Planked

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • 1 Bathroom in Basement
  • 2 Bedrooms in Basement

Outdoor Features

  • Waterski or Wakeboard
  • Lake, Pond or Stream

Schools

  • Meadowlawn Elementary School
  • Roosevelt Middle School
  • Twin Lakes High School

Utilities

  • Central Air
  • Heat Pump System
  • Private Company Owned Well
  • Well

Listing and Financial Details

  • Assessor Parcel Number 91-73-08-000-024.301-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,776

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2005
  • Age: 20
  • Style: One Story
  • Total Number of Rooms: 7
  • Total Number of Rooms Below Grade: 4
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 1
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: D AND D SHORES LOT 1 & 8-27-3 PT SW NW .139 & PT W NW 0.264 & PT NW 08-27-03 .466
  • Parcel Number ID: 91-73-08-000-024.301-020
  • Platted: Yes
  • Number Below Grade Bedrooms: 2
  • Year Taxes Payable: 2025
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1860
  • Total Finished Sq Ft: 1860
  • Above Grade Finished Sq Ft: 930
  • Below Grade Finished Sq Ft: 930
  • Price Per Sq Ft: 946.24
  • Basement: Yes
  • Basement Foundation: Full Basement, Walk-Out Basement, Finished
  • Basement Material: Poured Concrete
  • Living Great Room: Dimensions: 15x15, On Level: Main
  • Kitchen: Dimensions: 17x8, On Level: Main
  • Dining Room: Dimensions: 17x6, On Level: Main
  • Family Room: Dimensions: 18x13, On Level: Basement
  • Extra Room: sunroom, Dimensions: 28x10, On Level: Basement
  • Bedroom 1: Dimensions: 14x11, On Level: Main
  • Bedroom 2: Dimensions: 12x10, On Level: Basement
  • Bedroom 3: Dimensions: 15x10, On Level: Basement
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 930

Exterior Features

  • Exterior: Cement Board
  • Outbuilding1: Shed, Dimensions: 16x10
  • Channel Canal Frontage: 160
  • Lake Type: Ski Lake
  • Water Frontage: 60
  • Water Name: Lake Shafer

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x26
  • Garage Sq Ft: 624
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Heat Pump
  • Sewer: Regional
  • Water Utilities: Well
  • Laundry: Dimensions: Basementx10, On Level: 13
  • Water Type: Lake
  • Well Type: Private

Schools

  • School District: Twin Lakes School Corp.
  • Elementary School: Meadowlawn
  • Middle School: Roosevelt
  • High School: Twin Lakes
  • Elementary School: Meadowlawn

Lot Info

  • Lot Description: Irregular, Waterfront-High Bank
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 45825
  • Estimated Lot Size Acres: 1.052

Tax Info

  • Annual Taxes: 4775.62

Multi Family

  • Water Access: Lakefront

MLS Schools

  • High School: Twin Lakes
  • Middle School: Roosevelt
  • School District: Twin Lakes School Corp.

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,776 $392,700 $121,700 $271,000
2023 $4,570 $396,700 $121,700 $275,000
2022 $4,062 $352,900 $121,700 $231,200
2021 $3,451 $293,500 $106,800 $186,700
2020 $2,911 $245,400 $106,800 $138,600
2019 $1,255 $222,600 $100,400 $122,200
2018 $1,211 $224,400 $100,400 $124,000
2017 $1,128 $228,600 $110,100 $118,500
2016 $1,105 $228,700 $110,100 $118,600
2014 $2,677 $256,600 $135,000 $121,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2025 09/11/25 For Sale $880,000 +120.0% $473 / Sq Ft
07/31/2020 07/31/20 Sold $400,000 0.0% $215 / Sq Ft
07/31/2020 07/31/20 Sold $400,000 -4.7% $215 / Sq Ft
07/31/2020 07/31/20 Pending -- -- --
07/30/2020 07/30/20 For Sale $419,900 0.0% $226 / Sq Ft
07/13/2020 07/13/20 Pending -- -- --
04/17/2020 04/17/20 Price Changed $419,900 -2.3% $226 / Sq Ft
01/27/2020 01/27/20 For Sale $429,900 -- $231 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $400,000 Columbia Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $320,000 Construction
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202536849

Indiana Regional MLS

APN: 91-73-08-000-024.301-020