NOT LISTED FOR SALE

5415 N West Shafer Dr Monticello, IN 47960

Estimated Value: $351,000 - $422,000

3 Beds
2 Baths
1,536 Sq Ft
$252/Sq Ft Est. Value

Last Sold October 11, 2024

Last sale price $379,000 $247 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,270/month

25 Days on Market

Highlights

  • 59 Feet of Waterfront
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • Lake Property
  • 1-Story Property
  • Ceiling Fan

About This Home

As of October 2024

Experience the ultimate in lake home charm with this delightful 3 bedroom, 2 bath walk-out ranch on Lake Shafer! This residence has undergone a complete transformation, featuring a newer kitchen, flooring, furnace, water heater, updated wiring, a new bath, and appliances including a washer & dryer. All windows have been upgraded to vinyl replacements. In 2023, enhancements included a new steel seawall, dock, and sun pier, while a new retaining wall was installed in 2022. Enjoy breathtaking lake views from multiple vantage points—indoors or out, whether relaxing on the covered deck, lounging in the pavilion, or soaking up the sun at the waterfront or any of the spacious deck areas. Additionally, some furniture and furnishings are available for purchase outside of closing.

Last Agent to Sell the Property

Christine Thayer

REAL ESTATE NETWORK L.L.C Brokerage Phone: 574-870-1354 Listed on: 09/07/2024

Last Buyer's Agent

Shelly Dyer

Dyer Homes, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,823

Year Built

  • Built in 1958

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 78x90
  • 59 Feet of Waterfront
  • Lake Front

Home Design

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

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Laminate Flooring
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • 1 Bathroom in Basement

Outdoor Features

  • 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

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well

Listing and Financial Details

  • Assessor Parcel Number 91-83-32-000-020.000-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,823

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1958
  • Style: One Story
  • Architectural Style: Walkout Ranch
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: OUT NW FRAX SW 32-28-03 .12
  • Parcel Number ID: 91-83-32-000-020.000-013
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Deck Open, Disposal, Porch Covered
  • Location: Lake
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1536
  • Total Finished Sq Ft: 1536
  • Above Grade Finished Sq Ft: 888
  • Below Grade Finished Sq Ft: 648
  • Basement: Yes
  • Basement Foundation: Full Basement, Finished
  • Basement Material: Block
  • Flooring: Laminate
  • Living Great Room: Dimensions: 18x13, On Level: Main
  • Kitchen: Dimensions: 13x12, On Level: Lower
  • Dining Room: Dimensions: 13x10, On Level: Lower
  • Bedroom 1: Dimensions: 11x17, On Level: Main
  • Bedroom 2: Dimensions: 13x9, On Level: Main
  • Bedroom 3: Dimensions: 10x9, On Level: Main
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 648

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Sea Wall Type: Steel
  • Water Frontage: 58.5
  • Water Name: Lake Shafer

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Regional
  • Water Utilities: Well
  • Electric Company: REMC
  • Gas Company: NIPSCO
  • Water Type: Lake
  • Well Type: Private

Schools

  • Elementary School: North White Primary

Lot Info

  • Lot Description: Waterfront
  • Lot Dimensions: 78x90
  • Estimated Lot Sq Ft: 5227
  • Estimated Lot Size Acres: 0.12

Tax Info

  • Annual Taxes: 2822.76

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
Sep 7, 2024
Closed on
Oct 11, 2024
Sold by
Kathleen R Ward Revocable Trust Dtd June
Bought by
Frantz Rodney P
Seller's Agent
Christine Thayer
REAL ESTATE NETWORK L.L.C
Buyer's Agent
Shelly Dyer
Dyer Homes, LLC
List Price
$379,000
Sold Price
$379,000
Views
7
Current Estimated Value
$387,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,499
Avg. Annual Appreciation
1.93%

Purchase Details

Listed on
May 11, 2018
Closed on
Jul 17, 2018
Sold by
Secretary Of Hsng & Urban Dev
Bought by
Ward James S
Seller's Agent
Mary Holtz
Indiana Integrity REALTORS
Buyer's Agent
Christine Thayer
REAL ESTATE NETWORK L.L.C
List Price
$110,000
Sold Price
$99,700
Premium/Discount to List
-$10,300
-9.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.86%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Frantz Rodney P $379,000 Columbia Title Inc
Frantz Rodney P $379,000 Columbia Title Inc
Ward James S -- Columbia Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/11/2024 10/11/24 Sold $379,000 0.0% $247 / Sq Ft
10/02/2024 10/02/24 Pending -- -- --
09/07/2024 09/07/24 For Sale $379,000 +280.1% $247 / Sq Ft
07/17/2018 07/17/18 Sold $99,700 -9.4% $57 / Sq Ft View Prior Sale
06/06/2018 06/06/18 Pending -- -- --
05/11/2018 05/11/18 For Sale $110,000 -- $63 / 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 $2,766 $297,700 $95,500 $202,200
2023 $2,823 $285,300 $95,500 $189,800
2022 $2,656 $247,200 $95,500 $151,700
2021 $2,322 $209,800 $98,500 $111,300
2020 $2,314 $181,900 $81,500 $100,400
2019 $2,131 $172,400 $75,300 $97,100
2018 $1,969 $165,600 $75,300 $90,300
2017 $1,293 $164,400 $75,300 $89,100
2016 $839 $164,600 $75,300 $89,300
2014 $695 $165,900 $75,300 $90,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202434587

Indiana Regional MLS

APN: 91-83-32-000-020.000-013