NOT LISTED FOR SALE

5375 N West Shafer Dr Monticello, IN 47960

Estimated Value: $303,000 - $454,000

3 Beds
2 Baths
1,227 Sq Ft
$310/Sq Ft Est. Value

Last Sold October 20, 2023

Last sale price $320,000 $261 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,277/month

26 Days on Market

Highlights

  • 56 Feet of Waterfront
  • Primary Bedroom Suite
  • Lake Property
  • Pier or Dock
  • Open Floorplan
  • Backs to Open Ground

About This Home

As of October 2023

MINIMAL MAINTENANCE WITH MAXIMUM FUN! UPDATED 3 BED/2BATH w/MASTER BED/BATH, OPEN CONCEPT LIVING AREA, 30 x 29 WATERFRONT DECK OVER THE DOUBLE PERMANENT BOATLIFTS, 18 x 8, WATERVIEW DECK OFF OF UPPER LEVEL, COVERED PATIO OFF LOWER LEVEL, AND AN OPEN WATERFRONT PATIO FOR HOT TUB, FIRE PIT, ETC. 19 x 7 STORAGE ROOM OFF OF COVERED PATIO. AMAZING MAIN LAKE SHAFER VIEWS! HOME CAN BE SOLD FULLY FURNISHED; *MOST OF THE FURNITURE IS NEWER*

Last Agent to Sell the Property

Sean Dekker

REAL ESTATE NETWORK L.L.C Listed on: 08/17/2023

Last Buyer's Agent

Matt Zook

REAL ESTATE NETWORK L.L.C

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,395

Year Built

  • Built in 1945

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 56 x 82
  • 56 Feet of Waterfront
  • Lake Front
  • Backs to Open Ground

Parking

  • Driveway

Home Design

  • Walk-Out Ranch
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Entrance Foyer
  • Water Views
  • Fire and Smoke Detector
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Separate Shower

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • 1 Bathroom in Basement

Outdoor Features

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

Schools

  • North White Primary Elementary School
  • North White Middle School
  • North White High School

Utilities

  • Multiple cooling system units
  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Private Company Owned Well
  • Well
  • Cable TV Available

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 91-83-32-000-002.700-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,395

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1945
  • Age: 78
  • Style: One and Half Story
  • Architectural Style: Walkout Ranch
  • Total Number of Rooms: 5
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Out NW SW 32-28-03 .13
  • Parcel Number ID: 91-83-32-000-002.700-013
  • Platted: Yes
  • Amenities: Breakfast Bar, Cable Ready, Deck Open, Deck on Waterfront, Detector-Smoke, Eat-In Kitchen, Foyer Entry, Open Floor Plan, Patio Covered, Patio Open, Stand Up Shower, Main Level Bedroom Suite, Main Floor Laundry
  • Location: Lake
  • Sp Lp Percent: 94.4
  • Year Taxes Payable: 2022 Payable 2023
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1360
  • Total Finished Sq Ft: 1227
  • Above Grade Finished Sq Ft: 680
  • Below Grade Finished Sq Ft: 547
  • Below Grade Sq Ft: 133
  • Price Per Sq Ft: 470.59
  • Basement: Yes
  • Basement Foundation: Walk-Out Basement, Finished, Outside Entrance
  • Flooring: Laminate, Ceramic Tile
  • Living Great Room: Dimensions: 12x10, On Level: Lower
  • Kitchen: Dimensions: 9x9, On Level: Lower
  • Bedroom 1: Dimensions: 10x10, On Level: Main
  • Bedroom 2: Dimensions: 13x7, On Level: Upper
  • Bedroom 3: Dimensions: 13x7, On Level: Upper
  • Other Room1: STORAGE ROOM, Dimensions: 19x7
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Total Below Grade Sq Ft: 680

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None
  • Channel Canal Frontage: 56
  • Lake Type: Ski Lake
  • Sea Wall Type: Steel
  • Water Features: Pier/Dock
  • Water Frontage: 56
  • Water Name: Lake Shafer

Garage/Parking

  • Driveway: Asphalt

Utilities

  • Cooling: Wall AC, Multiple Cooling Units
  • Heating Fuel: Electric, Baseboard
  • Sewer: Regional
  • Water Utilities: Well
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Cable Company: Comcast
  • Laundry: Dimensions: Upperx4, On Level: 5
  • Water Type: Lake
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Waterfront, Lake, Water View, Waterfront-Medium Bank
  • Lot Dimensions: 56 x 82
  • Estimated Lot Sq Ft: 5663
  • Estimated Lot Size Acres: 0.13

Tax Info

  • Annual Taxes: 2394.62

Multi Family

  • Water Access: Lakefront

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 5, 2018
Sold by
Watts Bryan K and Watts Jessica A
Bought by
Shirer Brooke and Hayes Michael
Current Estimated Value
$380,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,250
Outstanding Balance
$145,574
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$189,618

Purchase Details

Listed on
Apr 10, 2015
Closed on
Aug 14, 2015
Sold by
Graham Kim L
Bought by
Watts Bryan K and Watts Jessica A
Seller's Agent
Joshua Moore
Dropped Members
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$159,900
Sold Price
$134,000
Premium/Discount to List
-$25,900
-16.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.57%
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
Shirer Brooke $207,812 Mtc
Watts Bryan K $134,000 Indiana Abstract & Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shirer Brooke $166,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2023 10/20/23 Sold $320,000 -5.6% $261 / Sq Ft
09/12/2023 09/12/23 Pending -- -- --
08/17/2023 08/17/23 For Sale $339,000 +153.0% $276 / Sq Ft
08/14/2015 08/14/15 Sold $134,000 -4.2% $99 / Sq Ft
07/01/2015 07/01/15 Pending -- -- --
06/16/2015 06/16/15 Price Changed $139,900 -6.7% $103 / Sq Ft
05/13/2015 05/13/15 Price Changed $149,900 -6.3% $110 / Sq Ft
04/10/2015 04/10/15 For Sale $159,900 -- $118 / 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 $2,473 $266,200 $96,300 $169,900
2023 $2,512 $253,900 $96,300 $157,600
2022 $2,395 $222,900 $96,300 $126,600
2021 $2,103 $190,000 $96,300 $93,700
2020 $1,812 $142,400 $79,800 $62,600
2019 $1,659 $134,200 $73,600 $60,600
2018 $1,586 $131,000 $73,600 $57,400
2017 $1,671 $130,600 $73,600 $57,000
2016 $1,450 $123,100 $73,600 $49,500
2014 $1,364 $126,000 $73,600 $52,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202329459

Indiana Regional MLS

APN: 91-83-32-000-002.700-013