NOT LISTED FOR SALE

5407 NW Shafer Dr Monticello, IN 47960

Estimated Value: $337,000 - $479,000

4 Beds
2 Baths
1,643 Sq Ft
$251/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $275,000 $167 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,420/month

123 Days on Market

Highlights

  • 70 Feet of Waterfront
  • Open Floorplan
  • Vaulted Ceiling
  • Pier or Dock
  • Lake Property
  • Backs to Open Ground

About This Home

As of July 2021

INVITE YOUR FAMILY AND YOUR FRIENDS TO THIS NEWLY RENOVATED LAKE HOME WITH AMAZING VIEWS. OPEN CONCEPT WITH 4 BEDROOMS AND 2 BATHS MAIN LAKE SHAFER HOME WITH 70' OF WATER FRONTAGE. NEWER UPDATES INCLUDE NEW ROOF, HOT WATER TANK,PRESSURE TANK, WELL PUMP, PLUMBING, WATER SOFTENER, ATTIC FAN, WASHER, DRYER, LAUNDRY SINK,LAMINATE AND VINYL PLANK FLOORING, CARPETING,RECESSED LIGHTING, NEW BATHROOM WITH CERAMIC TILE, AND FRESHLY PAINTED THROUGHOUT. ON THE EXTERIOR YOU WILL FIND A LARGE 12 X 14 PAVER PATIO DECK OFF THE WALK OUT BASEMENT,NEW GARAGE DOOR, GUTTER GUARDS ,ALL NEW ROCK LANDSCAPING, NEW PIER AT THE WATERFRONT WITH A TEMPORARY BOAT AND JET SKI LIFT. THIS HOME WOULD MAKE A GREAT YEAR ROUND HOME OR A FANTASTIC VACATION GET AWAY. 2004 JC TRITOON MAY BE PURCHASED OUTSIDE OF CLOSING. INSPECTIONS WELCOME BUT PROPERTY WILL BE SOLD AS IS.

Last Agent to Sell the Property

Cheryl L Rycraft

REAL ESTATE NETWORK L.L.C Listed on: 03/21/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $918

Year Built

  • Built in 1960

Lot Details

  • 5,663 Sq Ft Lot
  • 70 Feet of Waterfront
  • Lake Front
  • Backs to Open Ground

Parking

  • 1 Car Detached Garage

Home Design

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

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Eat-In Kitchen

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Separate Shower

Finished Basement

  • Walk-Out Basement
  • Block Basement Construction
  • 1 Bathroom in Basement
  • 2 Bedrooms in Basement

Outdoor Features

  • Waterski or Wakeboard
  • Lake Property
  • Lake, Pond or Stream
  • Patio

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating 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 91-83-32-000-018.000-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$918

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1960
  • Age: 61
  • Style: One Story
  • Architectural Style: Walkout Ranch
  • Total Number of Rooms: 8
  • Total Number of Rooms Below Grade: 4
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: OUT NW FRAX SW 32-28-03 .13
  • Parcel Number ID: 91-83-32-000-018.000-013
  • Platted: Yes
  • Amenities: Cable Available, Ceilings-Vaulted, Deck Open, Eat-In Kitchen, Open Floor Plan, Patio Open, Stand Up Shower
  • Location: Lake
  • Number Below Grade Bedrooms: 2
  • Sp Lp Percent: 94.86
  • Year Taxes Payable: 2020
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1748
  • Total Finished Sq Ft: 1643
  • Above Grade Finished Sq Ft: 874
  • Below Grade Finished Sq Ft: 769
  • Below Grade Sq Ft: 105
  • Price Per Sq Ft: 314.65
  • Basement: Yes
  • Basement Foundation: Walk-Out Basement, Finished
  • Basement Material: Block
  • Flooring: Carpet, Laminate, Vinyl, Ceramic Tile
  • Living Great Room: Dimensions: 15x18, On Level: Main
  • Kitchen: Dimensions: 10x9, On Level: Main
  • Dining Room: Dimensions: 10x8, On Level: Main
  • Family Room: Dimensions: 21x8, On Level: Lower
  • Bedroom 1: Dimensions: 11x12, On Level: Main
  • Bedroom 2: Dimensions: 10x8, On Level: Main
  • Bedroom 3: Dimensions: 18x8, On Level: Lower
  • Bedroom 4: Dimensions: 12x10, On Level: Lower
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 874

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Water Features: Pier/Dock
  • Water Frontage: 70
  • Water Name: Lake Shafer

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 20x12
  • Garage Sq Ft: 240
  • Garage: Yes

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Gas, Forced Air
  • Sewer: Regional
  • Water Utilities: Well
  • Laundry: Dimensions: Lowerx10, On Level: 13
  • 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, Waterfront-Medium Bank
  • Lot Dimensions: .13
  • Estimated Lot Sq Ft: 5663
  • Estimated Lot Size Acres: 0.13

Tax Info

  • Annual Taxes: 917.76

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

Listed on
Mar 21, 2021
Closed on
Jul 30, 2021
Sold by
John Amers
Bought by
Kristine Christopherson
Seller's Agent
Cheryl L Rycraft
REAL ESTATE NETWORK L.L.C
List Price
$289,900
Sold Price
$275,000
Premium/Discount to List
-$14,900
-5.14%
Current Estimated Value
$412,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,303

Purchase Details

Closed on
Sep 4, 2018
Sold by
Roger Vanderlaan
Bought by
Amers John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
4.5%
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
Kristine Christopherson $275,000 Columbia Title Inc
Amers John $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Amers John $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $275,000 -5.1% $167 / Sq Ft
07/22/2021 07/22/21 Pending -- -- --
03/21/2021 03/21/21 For Sale $289,900 -- $176 / 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 $2,913 $313,600 $96,300 $217,300
2023 $2,943 $297,500 $96,300 $201,200
2022 $2,728 $256,900 $96,300 $160,600
2021 $1,109 $213,500 $96,300 $117,200
2020 $1,024 $181,300 $79,800 $101,500
2019 $918 $171,600 $73,600 $98,000
2018 $848 $165,000 $73,600 $91,400
2017 $2,094 $163,700 $73,600 $90,100
2016 $1,942 $164,900 $73,600 $91,300
2014 $1,789 $165,200 $73,600 $91,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202109021

Indiana Regional MLS

APN: 91-83-32-000-018.000-013