NOT LISTED FOR SALE

3783 N West Shafer Dr Monticello, IN 47960

Estimated Value: $232,191 - $388,000

2 Beds
1 Bath
640 Sq Ft
$457/Sq Ft Est. Value

Last Sold April 04, 2017

Last sale price $162,000 $253 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $1,743/month

557 Days on Market

Highlights

  • Lake Front
  • No HOA
  • 2 Car Detached Garage
  • Deck
  • Cottage
  • Outdoor Storage

About This Home

As of April 2017

This Darling Lake Shafer Cottage is offered for sale completely turn-key, all you need to bring is yourself! The two bedroom, fully furnished cottage is centrally located just minutes from the Tippecanoe Country Club, Pine View Golf Course and Indiana Beach Amusement Park on beautiful Main Lake Shafer. Currently offered as a vacation rental, continue to rent in-between your visits to the lake and offset your vacation home expenses with our proven income! The three decks overlooking the water provide for some of the best sunrises on the lake. Relax on the over-sized deck above the newer boat lift or fish from the 140' of waterfront featuring steel seawalls. This classic knotty pine cottage certainly offers too much to mention here. *Full, dry basement with high ceilings - could be made into a waterfront walk out and double the square footage! (FREE Home Inspection Report - Ask your agent for details)

Last Agent to Sell the Property

Ryan Harrison

Harrison Real Estate License #RB14025828 Listed on: 08/06/2015

Last Buyer's Agent

Non-Member Agent

Non-Member MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,692

Year Built

  • Built in 1948

Lot Details

  • 0.38 Acre Lot
  • Lake Front

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Cottage
  • Steel Siding

Interior Spaces

  • 640 Sq Ft Home
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Linoleum Flooring
  • Basement

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Cox Beechwood Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 917307000008100020

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,692

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1948
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Lake On Lot
  • Water Body Name: Lake Shafer
  • ResoOtherEquipment: None
  • Co List Office Mls Id: NRA1701
  • Subdivision Name: Cox Beechwood Add
  • Above Grade Finished Sq Ft: 640
  • Architectural Style: Cottage
  • Garage Yn: Yes
  • Reso Other Structures: Boat House
  • Property Attached Yn: No
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Water Softener Owned, Washer, Refrigerator, Microwave, Electric Range
  • Basement: Interior Entry
  • Flooring: Linoleum
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Great Room, Living Room
  • Fireplaces: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Dock, Storage
  • Acres: 0.38
  • Waterfront Features: Lake Front
  • Construction Type: Steel Siding
  • Patio And Porch Features: Deck

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Garage Door Opener

Utilities

  • Utilities: Electricity Available, Natural Gas Available
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Twin Lakes

Lot Info

  • Lot Dimensions: IRR
  • Lot Size Sq Ft: 16553
  • Parcel #: 917307000008100020

Tax Info

  • Year: 2015
  • Tax Annual Amount: 1692

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2015
Closed on
Feb 17, 2017
Sold by
Ferry Jason J and Ferry Melissa A
Bought by
Schultz Michael K and Schultz Kelly C
Seller's Agent
Ryan Harrison
Harrison Real Estate
Buyer's Agent
Non-Member Agent
Non-Member MLS Office
List Price
$162,000
Sold Price
$162,000
Current Estimated Value
$292,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,548
Avg. Annual Appreciation
7.18%
Original Mortgage
$137,700
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2010
Sold by
Stephanie J Dellinger
Bought by
Ferry Melissa A and Ferry Jason J
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Schultz Michael K $172,125 White Cnty Title Co
Ferry Melissa A $187,500 Dellinger Dellinger & Smith
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schultz Michael K $137,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2017 04/04/17 Sold $162,000 +10700.0% $253 / Sq Ft
02/13/2017 02/13/17 Pending -- -- --
12/05/2016 12/05/16 Rented $1,500 -99.1% --
12/05/2016 12/05/16 Under Contract -- -- --
08/06/2015 08/06/15 For Sale $162,000 0.0% $253 / Sq Ft
07/28/2015 07/28/15 For Rent $2,000 -- --
Source: Northwest Indiana Association of REALTORS®

Tax History Compared to Growth

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 $2,228 $183,200 $103,500 $79,700
2023 $2,602 $183,300 $103,500 $79,800
2022 $2,028 $174,700 $103,500 $71,200
2021 $1,915 $161,200 $103,500 $57,700
2020 $1,786 $148,700 $103,500 $45,200
2019 $1,580 $137,100 $97,200 $39,900
2018 $1,617 $142,300 $97,200 $45,100
2017 $1,514 $142,100 $97,200 $44,900
2016 $1,471 $142,200 $97,200 $45,000
2014 $1,440 $138,000 $97,200 $40,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 407498

Northwest Indiana Association of REALTORS®

APN: 91-73-07-000-008.100-020