NOT LISTED FOR SALE

4987 N West Shafer Dr Monticello, IN 47960

Estimated Value: $413,000 - $616,000

3 Beds
2 Baths
1,400 Sq Ft
$367/Sq Ft Est. Value

Last Sold October 12, 2021

Last sale price $454,900 $325 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,990/month

4 Days on Market

Highlights

  • 88 Feet of Waterfront
  • Primary Bedroom Suite
  • Ranch Style House
  • Pier or Dock
  • Lake Property
  • Stone Countertops

About This Home

As of October 2021

Remodeled and Turn Key Lake Shafer home! This one story, 3 bedroom, 2 bathroom home sets on a large mid/low bank lot with 88 ft of frontage. Waterfront includes a newer steel sea wall, 2 docks, a permanent boat lift with a party deck above and is easily accessed by way of stairs or a walk/golf cart ride to the waters edge. Inside upgrades include newer flooring, fresh paint, all new light fixtures, kitchen with quartz counter tops and tile back splash, master bathroom vanity, and more! Mechanical upgrades include roof, furnace, and central air. Waterfront, more upgrades! Newer sea wall and the boat lift has a newer motor and cables. Additional outdoor living space offered from the lakeside patio and the firepit. Beautiful main lake views and charming inside and out! Cosmetic updates, mechanical updates and turn key! This lake home is ready for enjoyment!

Last Agent to Sell the Property

Bart Hickman

REAL ESTATE NETWORK L.L.C Listed on: 09/24/2021

Last Buyer's Agent

Felecia Livingston

Keller Williams Indy Metro NE

Keller Williams Indy Metro NE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,621

Year Built

  • Built in 1958

Lot Details

  • 0.29 Acre Lot
  • 88 Feet of Waterfront
  • Lake Front
  • Landscaped

Parking

  • 2.5 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Ranch Style House
  • Slab Foundation
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,400 Sq Ft Home
  • Ceiling Fan
  • Stone Countertops
  • Laundry on main level

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

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

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 91-73-05-000-004.900-020

Community Details

Amenities

  • Community Fire Pit

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,621

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1958
  • Age: 63
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 8
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: OUT N/E W FRAX 05-27-03 .29
  • Parcel Number ID: 91-73-05-000-004.900-020
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Closet(s) Walk-in, Countertops-Solid Surf, Countertops-Stone, Deck Open, Deck on Waterfront, Firepit, Garage Door Opener, Landscaped, Patio Open, Main Level Bedroom Suite, Main Floor Laundry
  • Improvmnts In Last5 Yrs: Yes
  • Location: Lake
  • Sp Lp Percent: 105.82
  • Year Taxes Payable: 2021
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1400
  • Total Finished Sq Ft: 1400
  • Above Grade Finished Sq Ft: 1400
  • Price Per Sq Ft: 324.93
  • Basement Foundation: Slab
  • Flooring: Laminate, Tile
  • Living Great Room: Dimensions: 19x11, On Level: Main
  • Kitchen: Dimensions: 14x11, On Level: Main
  • Family Room: Dimensions: 19x16, On Level: Main
  • Bedroom 1: Dimensions: 16x11, On Level: Main
  • Bedroom 2: Dimensions: 9x9, On Level: Main
  • Bedroom 3: Dimensions: 8x9, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle, Dimensional Shingles
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Sea Wall Type: Steel
  • Water Features: Pier/Dock
  • Water Frontage: 88
  • Water Name: Lake Shafer

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2.5
  • Garage Size: Dimensions: 24x28
  • Garage Sq Ft: 672
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Conventional, Forced Air
  • Sewer: Regional
  • Water Utilities: Well
  • 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: Waterfront-Level Bank, Waterfront-Medium Bank
  • Lot Dimensions: .29
  • Estimated Lot Sq Ft: 12632
  • Estimated Lot Size Acres: 0.29

Tax Info

  • Annual Taxes: 2621.34

Multi Family

  • Water Access: Lakefront

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2021
Closed on
Oct 12, 2021
Sold by
Curry Melissa A
Bought by
Jeffory Mcshannock Thomas and Jeffory Ann Cynthia
Seller's Agent
Bart Hickman
REAL ESTATE NETWORK L.L.C
Buyer's Agent
Felecia Livingston
Keller Williams Indy Metro NE
List Price
$429,900
Sold Price
$454,900
Premium/Discount to List
$25,000
5.82%
Current Estimated Value
$513,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,515
Avg. Annual Appreciation
3.04%

Purchase Details

Listed on
Feb 24, 2017
Closed on
Jul 28, 2017
Sold by
Tomlin Dean K and Tomlin Judith L
Bought by
Curry Kevin P and Curry Melissa A
Seller's Agent
Deb Huffer
REAL ESTATE NETWORK L.L.C
Buyer's Agent
Bart Hickman
REAL ESTATE NETWORK L.L.C
List Price
$254,800
Sold Price
$236,000
Premium/Discount to List
-$18,800
-7.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.87%
Original Mortgage
$126,000
Interest Rate
3.91%
Mortgage Type
New Conventional
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
Jeffory Mcshannock Thomas $454,900 Columbia Title Inc
Curry Kevin P $157,500 White Cnty Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Curry Kevin P $126,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/12/2021 10/12/21 Sold $454,900 +5.8% $325 / Sq Ft
09/28/2021 09/28/21 Pending -- -- --
09/24/2021 09/24/21 For Sale $429,900 +82.2% $307 / Sq Ft
07/28/2017 07/28/17 Sold $236,000 -7.4% $169 / Sq Ft View Prior Sale
06/07/2017 06/07/17 Pending -- -- --
02/24/2017 02/24/17 For Sale $254,800 -- $182 / 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 $3,558 $292,600 $112,900 $179,700
2023 $3,399 $295,000 $112,900 $182,100
2022 $3,179 $273,800 $112,900 $160,900
2021 $2,764 $232,600 $112,900 $119,700
2020 $2,621 $218,300 $112,900 $105,400
2019 $2,272 $197,100 $106,100 $91,000
2018 $2,238 $196,900 $106,100 $90,800
2017 $821 $196,100 $106,100 $90,000
2016 $803 $196,100 $106,100 $90,000
2014 $877 $198,000 $106,100 $91,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202140239

Indiana Regional MLS

APN: 91-73-05-000-004.900-020