NOT LISTED FOR SALE

4415 N West Shafer Dr Monticello, IN 47960

Estimated Value: $441,841 - $503,000

4 Beds
2 Baths
1,914 Sq Ft
$246/Sq Ft Est. Value

Last Sold April 21, 2016

Last sale price $160,000 $84 Per Sq Ft

Est. 194% increase in value since last sale

Current estimated payment $2,845/month

73 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Lake Property
  • 2.5 Car Detached Garage
  • Pier or Dock
  • Cape Cod Architecture
  • Tile Flooring

About This Home

As of April 2016

Large, lake-level, main Lake Shafer lot with a good-sized 4 bed/2 full bath home offering someone a big opportunity to create their dream lake home. House has had several improvements & some remodeling done but needs someone to take care of the finishing touches. Home is fully functional & livable but is being sold as is at this price. Nice waterview sunroom, waterfront deck & boat house along with the 2+ car garage are just the beginning for this excellent lake home opportunity!

Last Agent to Sell the Property

Sean Dekker

REAL ESTATE NETWORK L.L.C Listed on: 02/01/2016

Last Buyer's Agent

Christine Thayer

REAL ESTATE NETWORK L.L.C

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,341

Year Built

  • Built in 1954

Lot Details

  • Lot Dimensions are 50x383
  • 50 Feet of Waterfront
  • Lake Front
  • Level Lot

Parking

  • 2.5 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Basement

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Sun Deck
  • Waterski or Wakeboard
  • Lake Property
  • Lake, Pond or Stream

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Cable TV Available

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 91-73-05-000-003.440-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,341

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1954
  • Age: 62
  • Style: Two Story
  • Architectural Style: Cape Cod
  • Total Number of Rooms: 8
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: LOT 1 CLARENCE FEE'S 2ND SUB 726
  • Parcel Number ID: 91-73-05-000-003.440-020
  • Platted: Yes
  • Amenities: Cable Ready, Ceiling Fan(s), Deck on Waterfront
  • Location: Lake
  • Sp Lp Percent: 80.04
  • Special Features: None

Interior Features

  • Total Sq Ft: 1914
  • Total Finished Sq Ft: 1914
  • Above Grade Finished Sq Ft: 1914
  • Basement: Yes
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Flooring: Laminate, Tile, Vinyl
  • Living Great Room: Dimensions: 13x21, On Level: Main
  • Kitchen: Dimensions: 12x12, On Level: Main
  • Dining Room: On Level: Main
  • Family Room: Dimensions: 12x18, On Level: Main
  • Bedroom 1: Dimensions: 15x11, On Level: Upper
  • Bedroom 2: Dimensions: 14x8, On Level: Main
  • Bedroom 3: Dimensions: 11x8, On Level: Main
  • Bedroom 4: Dimensions: 15x11, On Level: Upper
  • Other Room1: FOYER, Dimensions: 6x11, On Level: Main
  • Other Room 2: UTILITY, Dimensions: 7x11, On Level: Main
  • Main Level Sq Ft: 1374
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None
  • Channel Canal Frontage: 50
  • Lake Type: Ski Lake
  • Water Features: Pier/Dock
  • Water Frontage: 50
  • Water Name: Lake Shafer

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2.5
  • Garage Size: Dimensions: 24x24
  • Garage Sq Ft: 576

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: Well
  • Laundry: Dimensions: 6xMain, On Level: 8
  • Water Type: Lake
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Level, Waterfront
  • Lot Dimensions: 50x383

Tax Info

  • Annual Taxes: 1341
  • Exemptions: Homestead, Mortgage

Multi Family

  • Water Access: Lakefront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2016
Closed on
Apr 25, 2016
Sold by
Meyer Daniel
Bought by
Timmons Richard L and Timmons Sue E
Seller's Agent
Sean Dekker
REAL ESTATE NETWORK L.L.C
Buyer's Agent
Christine Thayer
REAL ESTATE NETWORK L.L.C
List Price
$199,900
Sold Price
$160,000
Premium/Discount to List
-$39,900
-19.96%
Current Estimated Value
$470,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,460
Avg. Annual Appreciation
12.06%
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
Timmons Richard L $160,000 White County Abstract & Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2016 04/21/16 Sold $160,000 -20.0% $84 / Sq Ft
04/14/2016 04/14/16 Pending -- -- --
02/01/2016 02/01/16 For Sale $199,900 -- $104 / Sq Ft
Source: Indiana Regional MLS

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 $4,097 $336,900 $136,800 $200,100
2023 $3,884 $337,100 $136,800 $200,300
2022 $3,669 $316,000 $136,800 $179,200
2021 $3,246 $273,200 $136,800 $136,400
2020 $2,936 $244,500 $123,200 $121,300
2019 $2,582 $224,000 $117,600 $106,400
2018 $2,558 $225,100 $117,600 $107,500
2017 $2,383 $223,700 $117,600 $106,100
2016 $2,315 $223,700 $117,600 $106,100
2014 $1,205 $225,400 $117,600 $107,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201603739

Indiana Regional MLS

APN: 91-73-05-000-003.400-020