NOT LISTED FOR SALE

5223 N West Shafer Dr Monticello, IN 47960

Estimated Value: $218,000 - $391,000

2 Beds
1 Bath
960 Sq Ft
$323/Sq Ft Est. Value

Last Sold July 20, 2018

Last sale price $168,875 $176 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $1,722/month

459 Days on Market

Highlights

  • 225 Feet of Waterfront
  • Lake Property
  • 2.5 Car Detached Garage
  • Pier or Dock
  • Traditional Architecture
  • Patio

About This Home

As of July 2018

This lake getaway has all the waterfront improvements you could ever want! 225' of waterfrontage on nearly a half acre, with a steel seawall, permanent covered boatlifts, and a shed at waterfront for all your water toys. Enjoy the lake view from the deck or patio by day, and spend your evenings at a campfire in the courtyard by night. Inside boasts an open kitchen/dining/living area with a gas log fireplace to cozy up to. Plenty of cabinets and a large kitchen pantry. Newer wood laminate flooring and bedroom built-ins added, and check out how many you can sleep in the two bedrooms! Newer roof, A/C, and the exterior is wrapped with attractive stacked stone. Large 22x36 garage, and a tiered, landscaped yard. You won't want to leave this lake getaway! Immediate occupancy!

Last Agent to Sell the Property

Christine Thayer

REAL ESTATE NETWORK L.L.C Listed on: 04/14/2017

Last Buyer's Agent

Ryan Clemons

Redlow Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,857

Year Built

  • Built in 1940

Lot Details

  • 0.47 Acre Lot
  • 225 Feet of Waterfront
  • Lake Front
  • Landscaped

Parking

  • 2.5 Car Detached Garage
  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Laminate Flooring
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Finished Basement

  • Walk-Out Basement
  • Block Basement Construction

Outdoor Features

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

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 91-83-32-000-015.400-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,857

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1940
  • Age: 78
  • Style: Two Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 5
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: OUT N SW FRAX SW 32-28-03 .265 & OUT N SW FRAX SW 32-28-3 .20
  • Parcel Number ID: 91-83-32-000-015.400-013
  • Platted: Yes
  • Amenities: Cable Ready, Ceiling Fan(s), Deck on Waterfront, Detector-Smoke, Landscaped, Patio Open
  • Location: Lake
  • Sp Lp Percent: 91.33
  • Special Features: None

Interior Features

  • Total Sq Ft: 960
  • Total Finished Sq Ft: 960
  • Above Grade Finished Sq Ft: 528
  • Below Grade Finished Sq Ft: 432
  • Price Per Sq Ft: 319.84
  • Basement: Yes
  • Basement Foundation: Walk-Out Basement, Finished
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Gas Log
  • Fireplace: Yes
  • Flooring: Laminate
  • Living Great Room: Dimensions: 16x11, On Level: Lower
  • Kitchen: Dimensions: 16x12, On Level: Lower
  • Dining Room: Dimensions: 11x10, On Level: Lower
  • Bedroom 1: Dimensions: 17x11, On Level: Upper
  • Bedroom 2: Dimensions: 11x9, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 432

Exterior Features

  • Exterior: Stone, Vinyl
  • Roof Material: Shingle
  • Outbuilding1: Outbuilding, Dimensions: 10x12
  • Lake Type: Ski Lake
  • Sea Wall Type: Steel
  • Water Features: Pier/Dock
  • Water Frontage: 225
  • Water Name: Lake Shafer

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 2.5
  • Garage Size: Dimensions: 22x36
  • Garage Sq Ft: 792
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Regional
  • Water Utilities: Well
  • Electric Company: REMC
  • Gas Company: NIPSCO
  • Laundry: Dimensions: Upperx9, On Level: 6
  • Water Type: Lake
  • Well Type: Private

Condo/Co-op/Association

  • Other Fee Description: SFLECC

Schools

  • School District: North White School Corp.
  • Elementary School: North White Primary
  • Middle School: North White
  • High School: North White

Lot Info

  • Lot Description: Waterfront
  • Lot Dimensions: IRR
  • Estimated Lot Sq Ft: 20255
  • Estimated Lot Size Acres: 0.465
  • Zoning: R1 - Single Family Residential

Tax Info

  • Annual Taxes: 1857.26

Multi Family

  • Water Access: Lakefront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2017
Closed on
Jul 17, 2018
Sold by
Dickey Brent R and Dickey Karen D
Bought by
Tolson Danny R
Seller's Agent
Christine Thayer
REAL ESTATE NETWORK L.L.C
Buyer's Agent
Ryan Clemons
Redlow Group
List Price
$229,000
Sold Price
$168,875
Premium/Discount to List
-$60,125
-26.26%
Current Estimated Value
$310,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,437
Avg. Annual Appreciation
8.79%
Original Mortgage
$98,000
Outstanding Balance
$85,119
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$225,193

Purchase Details

Listed on
Feb 23, 2011
Closed on
Oct 9, 2012
Sold by
Davero Dominick
Bought by
Dickey Brent R and Dickey Karen D
Seller's Agent
Cheryl L Rycraft
REAL ESTATE NETWORK L.L.C
Buyer's Agent
Christine Thayer
REAL ESTATE NETWORK L.L.C
List Price
$159,000
Sold Price
$159,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.04%
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
Tolson Danny R $122,500 Attorney Only
Dickey Brent R $159,000 White Co Abstract & Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tolson Danny R $98,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/20/2018 07/20/18 Sold $168,875 -8.7% $176 / Sq Ft
07/17/2018 07/17/18 Pending -- -- --
06/07/2018 06/07/18 Price Changed $184,900 -2.6% $193 / Sq Ft
05/07/2018 05/07/18 Price Changed $189,900 -17.1% $198 / Sq Ft
04/14/2017 04/14/17 For Sale $229,000 +44.0% $239 / Sq Ft
10/02/2012 10/02/12 Sold $159,000 0.0% $166 / Sq Ft View Prior Sale
10/01/2012 10/01/12 Pending -- -- --
02/23/2011 02/23/11 For Sale $159,000 -- $166 / 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 $967 $225,900 $119,000 $106,900
2023 $964 $219,000 $119,000 $100,000
2022 $1,013 $201,400 $119,000 $82,400
2021 $910 $181,700 $119,000 $62,700
2020 $859 $157,600 $98,500 $59,100
2019 $765 $148,700 $91,000 $57,700
2018 $725 $145,500 $91,000 $54,500
2017 $1,857 $145,200 $91,000 $54,200
2016 $1,644 $139,600 $91,000 $48,600
2014 $1,516 $140,000 $91,000 $49,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201715489

Indiana Regional MLS

APN: 91-83-32-000-015.400-013