NOT LISTED FOR SALE

5491 N West Shafer Dr Monticello, IN 47960

Estimated Value: $373,000 - $492,000

2 Beds
1 Bath
1,371 Sq Ft
$308/Sq Ft Est. Value

Last Sold November 30, 2015

Last sale price $145,000 $106 Per Sq Ft

Est. 191% increase in value since last sale

Current estimated payment $2,509/month

194 Days on Market

Highlights

  • 35 Feet of Waterfront
  • Lake Property
  • 1 Car Detached Garage
  • Pier or Dock
  • A-Frame Home
  • Patio

About This Home

As of November 2015

Gorgeous view of the lake. All new interior in 2006. Most windows and doors new. Master BR suite in lower level with walkout overlooking the lake. Ceramic tile floors. Multi-level decking/patio. Covered electric lift, pier, seawall. Truly a must see for lakefront living!

Last Agent to Sell the Property

John Koppelmann

Koppelmann Real Estate Listed on: 04/06/2015

Last Buyer's Agent

Nathan Walts

REAL ESTATE NETWORK L.L.C

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,048

Year Built

  • Built in 1945

Lot Details

  • 6,403 Sq Ft Lot
  • Lot Dimensions are 47x151x35x158
  • 35 Feet of Waterfront
  • Lake Front
  • Property is Fully Fenced

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Home Design

  • A-Frame Home
  • Cabin
  • Composite Building Materials
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Tile Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Partially Finished Basement

  • Walk-Out Basement
  • Block Basement Construction
  • 1 Bedroom in Basement
  • Crawl Space

Outdoor Features

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

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Private Company Owned Well
  • Well

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 91-83-32-000-008.000-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,048

Year Built

Built in 1945

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1945
  • Age: 70
  • Style: One and Half Story
  • Architectural Style: A-Frame, Cabin/Cottage
  • Total Number of Rooms: 5
  • Total Number of Rooms Below Grade: 5
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 1
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: PT SW 32-28-3 .147A
  • Parcel Number ID: 91-83-32-000-008.000-013
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Deck Open, Patio Open
  • Inside City Limits: Yes
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 81.01
  • Special Features: None

Interior Features

  • Total Sq Ft: 1455
  • Total Finished Sq Ft: 1371
  • Above Grade Finished Sq Ft: 971
  • Below Grade Finished Sq Ft: 400
  • Below Grade Sq Ft: 84
  • Basement Foundation: Crawl, Walk-Out Basement, Partially Finished
  • Basement Material: Block
  • Flooring: Tile
  • Living Great Room: Dimensions: 20x22, On Level: Main
  • Kitchen: Dimensions: 11x9, On Level: Lower
  • Dining Room: Dimensions: 10x15, On Level: Main
  • Bedroom 1: Dimensions: 15x22, On Level: Basement
  • Bedroom 2: Dimensions: 7x11, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 484

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Composite
  • Outbuilding1: None
  • Fence: Full
  • Lake Type: Ski Lake
  • Sea Wall Type: Steel
  • Water Features: Pier/Dock
  • Water Frontage: 35
  • Water Name: Lake Shafer

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 24x16
  • Garage Sq Ft: 384

Utilities

  • Cooling: Window
  • Heating Fuel: Electric, Baseboard
  • Sewer: City
  • Water Utilities: Well
  • Electric Company: REMC
  • Gas Company: NIPSCO
  • Water Type: Lake
  • Well Type: Private

Condo/Co-op/Association

  • Other Fee Description: SFLECC
  • Other Fees Dollar: 10

Schools

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

Lot Info

  • Lot Description: Lake, Waterfront-High Bank
  • Lot Dimensions: 47x151x35x158
  • Estimated Lot Sq Ft: 6403
  • Estimated Lot Size Acres: 0.147
  • Zoning: L1

Tax Info

  • Annual Taxes: 2048

Multi Family

  • Water Access: Lakefront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2015
Closed on
Nov 30, 2015
Sold by
Herman Revocable Trust Dtd Nov 28 2006
Bought by
Jacobs Stephen P and Jacobs Jennifer E
Seller's Agent
John Koppelmann
Koppelmann Real Estate
Buyer's Agent
Nathan Walts
REAL ESTATE NETWORK L.L.C
List Price
$195,000
Sold Price
$145,000
Premium/Discount to List
-$50,000
-25.64%
Current Estimated Value
$421,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,767
Avg. Annual Appreciation
11.12%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jacobs Stephen P $145,000 White County Abstract & Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2015 11/30/15 Sold $145,000 -25.6% $106 / Sq Ft
10/17/2015 10/17/15 Pending -- -- --
04/06/2015 04/06/15 For Sale $195,000 -- $142 / 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 $3,376 $363,400 $96,300 $267,100
2023 $3,404 $344,000 $96,300 $247,700
2022 $3,165 $294,600 $96,300 $198,300
2021 $2,562 $231,400 $96,300 $135,100
2020 $2,575 $202,400 $79,800 $122,600
2019 $1,822 $147,400 $73,600 $73,800
2018 $1,915 $158,100 $73,600 $84,500
2017 $1,527 $119,400 $73,600 $45,800
2016 $1,858 $157,700 $73,600 $84,100
2014 $1,710 $157,900 $73,600 $84,300
Source: Public Records

Agents Affiliated with this Home

  • John Koppelmann

    Seller's Agent in 2015

    John Koppelmann

    Koppelmann Real Estate

    (574) 870-0688

    84 Total Sales

    John Koppelmann
    Section Image
  • Nathan Walts

    Buyer's Agent in 2015

    Nathan Walts

    REAL ESTATE NETWORK L.L.C

    (574) 870-2378

    111 Total Sales

    Nathan Walts
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201513635

Indiana Regional MLS

APN: 91-83-32-000-008.000-013

Indiana White County Monticello 47960

5491 N West Shafer Dr, Monticello, IN

This home is located at 5491 N West Shafer Dr, Monticello, IN 47960 since 06 April 2015 and is currently estimated at $421,767, approximately $307 per square foot. This property was built in 1945. 5491 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.

Nearby Homes