NOT LISTED FOR SALE

5255 N West Shafer Dr Monticello, IN 47960

Estimated Value: $255,000 - $328,000

3 Beds
1 Bath
1,152 Sq Ft
$248/Sq Ft Est. Value

Last Sold August 10, 2015

Last sale price $100,000 $87 Per Sq Ft

Est. 186% increase in value since last sale

Current estimated payment $1,668/month

342 Days on Market

Highlights

  • 63 Feet of Waterfront
  • Primary Bedroom Suite
  • Balcony
  • Pier or Dock
  • Lake Property
  • 1-Story Property

About This Home

As of August 2015

REDUCED PRICE. SELLER WILLING TO LEAVE DECK BOAT/TRAILER AND ALL FURNISHINGS!!!! Main Lake Shafer Updated cottage with full walkout basement, multi-unit decks/balcony, Steel driven seawall, new steel electric lift covered. 63' Frontage. Updated kitchen/bathrooms, vinyl siding. Shed at lakefront. Excellent views and location just north of amusement park, just south of Jake's Beach House restaurant.**Seller willing to credit buyer with sump pump drain system install credit**.

Last Agent to Sell the Property

Gregory Vogel

VOGEL REAL ESTATE Listed on: 08/30/2014

Last Buyer's Agent

Carol Disosway

REAL ESTATE NETWORK L.L.C

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $827

Year Built

  • Built in 1945

Lot Details

  • 4,410 Sq Ft Lot
  • Lot Dimensions are 63x70
  • 63 Feet of Waterfront
  • Lake Front

Parking

  • Gravel Driveway

Home Design

  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Water Views

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 1 Full Bathroom

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • 1 Bathroom in Basement
  • 2 Bedrooms in Basement

Outdoor Features

  • Waterski or Wakeboard
  • Seawall
  • Lake Property
  • Lake, Pond or Stream
  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Shared Well
  • Well

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 91-83-32-000-015.900-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$827

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1945
  • Age: 70
  • Style: One Story
  • Total Number of Rooms: 5
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 1
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Amos Oak Crest 4th Addition Lot 2
  • Parcel Number ID: 91-83-32-000-015.900-013
  • Platted: Yes
  • Amenities: Balcony, Deck Open, Main Level Bedroom Suite
  • Location: Lake
  • Number Below Grade Bedrooms: 2
  • Sp Lp Percent: 83.4
  • Special Features: None

Interior Features

  • Total Sq Ft: 1152
  • Total Finished Sq Ft: 1152
  • Above Grade Finished Sq Ft: 576
  • Below Grade Finished Sq Ft: 576
  • Basement: Yes
  • Basement Foundation: Full Basement, Walk-Out Basement, Finished, Outside Entrance
  • Flooring: Carpet, Laminate, Vinyl
  • Living Great Room: Dimensions: 12x18, On Level: Main
  • Kitchen: Dimensions: 9x11, On Level: Main
  • Bedroom 1: Dimensions: 9x20, On Level: Main
  • Bedroom 2: Dimensions: 8x9, On Level: Basement
  • Bedroom 3: Dimensions: 11x11, On Level: Basement
  • Main Level Sq Ft: 576
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Total Below Grade Sq Ft: 576

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: Shed, Dimensions: 8x6
  • Channel Canal Frontage: 63
  • Lake Type: Ski Lake
  • Sea Wall Type: Steel
  • Water Features: Pier/Dock
  • Water Frontage: 63
  • Water Name: Lake Shafer

Garage/Parking

  • Driveway: Gravel

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: Well
  • Water Type: Lake
  • Well Type: Shared

Schools

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

Lot Info

  • Lot Description: Waterfront, Water View, Waterfront-Medium Bank
  • Lot Dimensions: 63x70
  • Estimated Lot Sq Ft: 4410
  • Estimated Lot Size Acres: 0.1

Tax Info

  • Annual Taxes: 827

Multi Family

  • Water Access: Lakefront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2014
Closed on
Aug 10, 2015
Sold by
Michels Brian K
Bought by
Thiel Michael P
Seller's Agent
Gregory Vogel
VOGEL REAL ESTATE
Buyer's Agent
Carol Disosway
REAL ESTATE NETWORK L.L.C
List Price
$139,900
Sold Price
$100,000
Premium/Discount to List
-$39,900
-28.52%
Current Estimated Value
$285,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,890
Avg. Annual Appreciation
10.85%

Purchase Details

Listed on
Feb 16, 2012
Closed on
Jun 22, 2012
Sold by
Re Spurlock Inc
Bought by
Michels Brian K and Michels Jodie L
Seller's Agent
Bart Hickman
REAL ESTATE NETWORK L.L.C
Buyer's Agent
Gregory Vogel
VOGEL REAL ESTATE
List Price
$100,000
Sold Price
$100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
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
Thiel Michael P $100,000 Indiana Abstract & Title Co
Michels Brian K $100,000 Indiana Abstract
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/10/2015 08/10/15 Sold $100,000 -28.5% $87 / Sq Ft
08/07/2015 08/07/15 Pending -- -- --
08/30/2014 08/30/14 For Sale $139,900 +39.9% $121 / Sq Ft
06/22/2012 06/22/12 Sold $100,000 0.0% $87 / Sq Ft View Prior Sale
06/21/2012 06/21/12 Pending -- -- --
02/16/2012 02/16/12 For Sale $100,000 -- $87 / 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 $1,883 $202,700 $72,800 $129,900
2023 $1,910 $193,000 $72,800 $120,200
2022 $1,809 $168,400 $72,800 $95,600
2021 $1,581 $142,800 $72,800 $70,000
2020 $1,492 $117,300 $60,000 $57,300
2019 $1,372 $111,000 $55,700 $55,300
2018 $1,305 $107,800 $55,700 $52,100
2017 $1,369 $107,000 $55,700 $51,300
2016 $1,231 $104,500 $55,700 $48,800
2014 $1,134 $104,700 $55,700 $49,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201438467

Indiana Regional MLS

APN: 91-83-32-000-015.900-013