NOT LISTED FOR SALE

5226 N West Shafer Dr Monticello, IN 47960

Estimated Value: $305,000 - $1,519,983

2 Beds
1 Bath
936 Sq Ft
$975/Sq Ft Est. Value

Last Sold February 23, 2016

Last sale price $175,000 $187 Per Sq Ft

Est. 421% increase in value since last sale

Current estimated payment $5,396/month

1 Day on Market

Highlights

  • 222 Feet of Waterfront
  • Partially Wooded Lot
  • 1 Car Detached Garage
  • Lake, Pond or Stream
  • Screened Porch
  • 1-Story Property

About This Home

As of February 2016

Unbelievable lake setting! A rare opportunity to own 3.6 acres, total of 222 ft of lake frontage, breathtaking views with beautiful sunsets & a wooded & private setting. Each lot is apprx. 1.8 acres and have 111 ft of frontage. 1 lot has a cottage with 2 bedrooms, 1 bath, & 1.5 car garage setting on it. Lots of possibilities for this property. Ideal setting for a new home, cabin, or just use the current cottage. Excellent location for commercial opportunity too. Back of the lot has West Shafer Drive Frontage. Awesome Get-away, building site or investment! A great opportunity for a one of a kind lake property.

Last Agent to Sell the Property

Bart Hickman

REAL ESTATE NETWORK L.L.C Listed on: 01/18/2016

Last Buyer's Agent

Bart Hickman

REAL ESTATE NETWORK L.L.C Listed on: 01/18/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,757

Year Built

  • Built in 1950

Lot Details

  • 3.61 Acre Lot
  • Lot Dimensions are 230x683
  • 222 Feet of Waterfront
  • Lake Front
  • Partially Wooded Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 936 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Screened Porch

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

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

Utilities

  • Central Air
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • TV Antenna

Listing and Financial Details

  • Assessor Parcel Number 91-83-31-000-037.201-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,757

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1950
  • Age: 66
  • Style: One Story
  • Total Number of Rooms: 4
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: BAYVIEW SUB LOTS 2 & 3
  • Parcel Number ID: 91-83-31-000-037.201-013
  • Platted: Yes
  • Amenities: Antenna, Ceiling Fan(s), Deck on Waterfront, Porch Screened
  • Sp Lp Percent: 89.79
  • Special Features: None

Interior Features

  • Total Sq Ft: 936
  • Total Finished Sq Ft: 936
  • Above Grade Finished Sq Ft: 936
  • Basement Foundation: Slab
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Living Great Room: Dimensions: 13x17, On Level: Main
  • Kitchen: Dimensions: 15x12, On Level: Main
  • Bedroom 1: Dimensions: 12x11, On Level: Main
  • Bedroom 2: Dimensions: 12x12, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: Shed, Dimensions: 10x8
  • Lake Type: Ski Lake
  • Water Frontage: 222
  • Water Name: Lake Shafer

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 22x18
  • Garage Sq Ft: 396

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: Public
  • Water Utilities: Well
  • Water Type: Lake
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Partially Wooded, Waterfront
  • Lot Dimensions: 230x683
  • Estimated Lot Sq Ft: 157426
  • Estimated Lot Size Acres: 3.614
  • Zoning: L1

Tax Info

  • Annual Taxes: 2757.06
  • Total Assessed Value: 254100

Multi Family

  • Water Access: Lakefront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2016
Closed on
Feb 23, 2016
Sold by
Blankenstein William C
Bought by
Mcdowell Travis and Mc Dowell Kristen
Seller's Agent
Bart Hickman
REAL ESTATE NETWORK L.L.C
Buyer's Agent
Bart Hickman
REAL ESTATE NETWORK L.L.C
List Price
$194,900
Sold Price
$175,000
Premium/Discount to List
-$19,900
-10.21%
Current Estimated Value
$912,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$737,492
Avg. Annual Appreciation
18.62%
Original Mortgage
$484,350
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 18, 2016
Closed on
Feb 17, 2016
Sold by
Blankenstein Robert J and Blankenstein William C
Bought by
Mcdowell Travis and Mcdowell Kristen
Seller's Agent
Bart Hickman
REAL ESTATE NETWORK L.L.C
Buyer's Agent
Bart Hickman
REAL ESTATE NETWORK L.L.C
List Price
$194,900
Sold Price
$175,000
Premium/Discount to List
-$19,900
-10.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,350
Interest Rate
4.8%
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
Mcdowell Travis $175,000 White County Abstract & Title
Mcdowell Travis -- White Cnty Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcdowell Travis $484,350
Closed Mcdowell Travis $38,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2016 02/23/16 Sold $175,000 -10.2% $187 / Sq Ft
01/19/2016 01/19/16 Pending -- -- --
01/18/2016 01/18/16 For Sale $194,900 -- $208 / 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 $6,871 $1,202,200 $215,000 $987,200
2023 $6,549 $1,129,200 $215,000 $914,200
2022 $5,684 $863,800 $204,600 $659,200
2021 $5,331 $795,700 $204,600 $591,100
2020 $5,255 $701,900 $158,600 $543,300
2019 $5,055 $703,200 $148,600 $554,600
2018 $863 $188,400 $148,600 $39,800
2017 $1,200 $188,200 $148,600 $39,600
2016 $1,143 $274,800 $235,200 $39,600
2014 $2,757 $254,600 $217,100 $37,500
Source: Public Records

Agents Affiliated with this Home

  • Bart Hickman

    Seller's Agent in 2016

    Bart Hickman

    REAL ESTATE NETWORK L.L.C

    (574) 870-4269

    310 Total Sales

    Bart Hickman
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Map

Source: Indiana Regional MLS

MLS Number: 201602173

Indiana Regional MLS

APN: 91-83-31-000-037.201-013

Indiana White County Monticello 47960

5226 N West Shafer Dr, Monticello, IN

This home is located at 5226 N West Shafer Dr, Monticello, IN 47960 since 18 January 2016 and is currently estimated at $912,492, approximately $974 per square foot. This property was built in 1950. 5226 N West Shafer Dr is a home located in White County with nearby schools including North White Elementary School, North White Middle School, and North White Junior/Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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