$279,900

5063 NW Shafer Dr Monticello, IN 47960

Estimated payment $1,607/month

Total Views 9,676
2 Beds
0.5 Bath
368 Sq Ft
$761 Price per Sq Ft

Highlights

  • 62 Feet of Waterfront
  • 1-Story Property
  • Cabin
  • Lake Property
  • Wood Siding

About This Home

2 bedroom Main Lake Shafer Cottage with Wide Panoramic Views of Lake. Perfect weekend Getaway or demolish and Build Your Lake Dream Home. wrap around porch lakeside, outbuilding for Storage, older pier at waterfront . Take a nice slow boat ride down to Amusement Park, Golf Course & Restaurants.

Listing Agent

Evan Vogel

VOGEL REAL ESTATE Brokerage Email: evan@vogel-real-estate.com Listed on: 04/03/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,230

Year Built

  • Built in 1940

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 62x233
  • 62 Feet of Waterfront
  • Irregular Lot

HOA Fees

  • $13 Monthly HOA Fees

Home Design

  • Cabin
  • Wood Siding

Interior Spaces

  • 368 Sq Ft Home
  • 1-Story Property
  • Block Basement Construction

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 0.5 Bathroom

Outdoor Features

  • Lake Property
  • Lake, Pond or Stream

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Shared Well
  • Well

Listing and Financial Details

  • Assessor Parcel Number 91-83-32-000-014.800-013
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,230

Year Built

Built in 1940

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1940
  • Age: 85
  • Style: One Story
  • Architectural Style: Cabin/Cottage
  • Total Number of Rooms: 4
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: PT W SW SW 32-28-3 .285
  • Parcel Number ID: 91-83-32-000-014.800-013
  • Platted: Yes
  • Year Taxes Payable: 2025
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 368
  • Total Finished Sq Ft: 368
  • Above Grade Finished Sq Ft: 368
  • Price Per Sq Ft: 760.6
  • Basement Material: Block
  • Bedroom 1: Dimensions: 12x10, On Level: Main
  • Bedroom 2: Dimensions: 8x10, On Level: Main
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Wood
  • Outbuilding1: None
  • Channel Canal Frontage: 62
  • Lake Type: Access to Ski Lake
  • Water Frontage: 62
  • Water Name: Lake Shafer

Utilities

  • Cooling: Wall AC
  • Sewer: Regional
  • Water Utilities: Well
  • Water Type: Lake
  • Well Type: Shared

Condo/Co-op/Association

  • Association Fees: 150
  • Association Fees Frequency: Annually

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, Lake
  • Lot Dimensions: 62x233
  • Estimated Lot Sq Ft: 12415
  • Estimated Lot Size Acres: 0.285

Tax Info

  • Annual Taxes: 1230

Multi Family

  • Water Access: Frontage Lot

MLS Schools

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

Map

Range of Values:

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Average Value
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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 $1,230 $132,400 $94,400 $38,000
2023 $1,283 $129,700 $94,400 $35,300
2022 $1,317 $122,600 $94,400 $28,200
2021 $1,274 $115,100 $94,400 $20,700
2020 $1,229 $96,600 $77,800 $18,800
2019 $1,116 $90,300 $72,200 $18,100
2018 $1,078 $89,000 $72,200 $16,800
2017 $1,138 $89,000 $72,200 $16,800
2016 $1,050 $89,100 $72,200 $16,900
2014 $931 $86,000 $69,000 $17,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2025 04/25/25 For Sale $279,900 -- $761 / Sq Ft
Source: Indiana Regional MLS

Source: Indiana Regional MLS

MLS Number: 202511535

Indiana Regional MLS

APN: 91-83-32-000-014.800-013