NOT LISTED FOR SALE

5525 N West Shafer Dr Union Township, IN 47960

Estimated Value: $630,000 - $637,725

3 Beds
3 Baths
2,017 Sq Ft
$315/Sq Ft Est. Value

Last Sold October 03, 2022

Last sale price $512,500 $254 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,750/month

50 Days on Market

Highlights

  • 70 Feet of Waterfront
  • Lake Property
  • Cathedral Ceiling
  • Pier or Dock
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of October 2022

LEVELS ABOVE THE REST, CRAFTSMANSHIP AT IT'S BEST! Once inside you will admire this home's impressive blend of contemporary yet vintage quality, natural light and spacious solitude, uniqueness and convenience. From the hardwood plank flooring to the towering cathedral ceilings adorned with lake view windows in between, every custom detail of every room, cabinet, bathroom, counter, and corner of this home will satisfy your need for 'something more' in a lake home. Each bedroom and living space has access or a view of the main lake. A bedroom with a full bathroom on every level, upper-level wrap-around lake deck, lower-level wrap-around lake patio, and a waterfront paver-patio with fire pit add to the many levels of this lake home's impressiveness. Newly added steel railings on upper deck and lower patio, along with new pavers across the waterfront at the steel seawall. This isn't a 'must see', its a 'can't miss'!

Last Agent to Sell the Property

Nathan Walts

REAL ESTATE NETWORK L.L.C Listed on: 08/09/2022

Last Buyer's Agent

WhiteCo NonMember

NonMember WH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,531

Year Built

  • Built in 2004

Lot Details

  • Lot Dimensions are 70x150
  • 70 Feet of Waterfront
  • Lake Front

Parking

  • Gravel Driveway

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Solid Surface Countertops
  • Built-In or Custom Kitchen Cabinets
  • Utility Sink
  • Disposal

Flooring

  • Wood
  • Carpet
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • 1 Bathroom in Basement
  • 1 Bedroom 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 91-83-32-000-014.400-013

Community Details

Recreation

  • Pier or Dock

Additional Features

  • $10 Other Monthly Fees
  • Community Fire Pit

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,531

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2004
  • Age: 18
  • Style: Two Story
  • Architectural Style: Contemporary
  • Total Number of Rooms: 7
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: AMOS OAK CREST 2ND LOT 2
  • Parcel Number ID: 91-83-32-000-014.400-013
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Ceiling-9+, Ceiling-Cathedral, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Solid Surf, Deck Open, Disposal, Eat-In Kitchen, Firepit, Patio Covered, Patio Open, Utility Sink, Custom Cabinetry
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 94.92
  • Year Taxes Payable: 2021 pay 2022
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2160
  • Total Finished Sq Ft: 2017
  • Above Grade Finished Sq Ft: 1330
  • Below Grade Finished Sq Ft: 687
  • Below Grade Sq Ft: 143
  • Price Per Sq Ft: 385.34
  • Basement: Yes
  • Basement Foundation: Full Basement, Walk-Out Basement, Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Gas Starter
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet, Concrete, Tile
  • Living Great Room: Dimensions: 17x15, On Level: Main
  • Kitchen: Dimensions: 17x11, On Level: Main
  • Family Room: Dimensions: 22x15, On Level: Basement
  • Bedroom 1: Dimensions: 16x16, On Level: Upper
  • Bedroom 2: Dimensions: 16x10, On Level: Main
  • Bedroom 3: Dimensions: 13x12, On Level: Basement
  • Other Room1: Storage (outside Entry), Dimensions: 11x3, On Level: Basement
  • Other Room 2: Foyer, Dimensions: 10x4, 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: 830

Exterior Features

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

Garage/Parking

  • Driveway: Gravel

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Regional
  • Water Utilities: Well
  • Gas Company: NIPSCO
  • Cable Company: Comcast
  • Laundry: Dimensions: Basementx11, On Level: 11
  • Water Type: Lake
  • Well Type: Private

Condo/Co-op/Association

  • Other Fee Description: SFLECC
  • Other Fees Dollar: 125

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: 70X150

Tax Info

  • Annual Taxes: 3531.32

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
Apr 4, 2022
Closed on
May 6, 2022
Sold by
Shane Burns
Bought by
Fort Royal Llc % Ronald Mc Dermont
Seller's Agent
WhiteCo NonMember
NonMember WH
Buyer's Agent
Nathan Walts
REAL ESTATE NETWORK L.L.C
List Price
$509,900
Sold Price
$499,000
Premium/Discount to List
-$10,900
-2.14%
Current Estimated Value
$634,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,908
Avg. Annual Appreciation
7.25%

Purchase Details

Listed on
Jul 28, 2020
Closed on
Aug 31, 2020
Sold by
Jossund John A
Bought by
Burns Shane
Seller's Agent
Non-BLC Member
MIBOR REALTOR® Association
Buyer's Agent
Shane Burns
Victory Realty Team
List Price
$435,000
Sold Price
$435,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.51%
Original Mortgage
$391,500
Interest Rate
3%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 9, 2018
Sold by
Guyer Byron L and Guyer Linda L
Bought by
Jossund John A

Purchase Details

Closed on
Nov 8, 2012
Sold by
Guyer Byron L
Bought by
John A Jossund Rev Trust
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
Fort Royal Llc % Ronald Mc Dermont $499,000 Columbia Title Inc
Burns Shane $489,375 Columbia Title
Jossund John A -- Indiana Abstract & Guaranty Co
John A Jossund Rev Trust $240,000 Indiana Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burns Shane $391,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/03/2022 10/03/22 Sold $512,500 -5.1% $254 / Sq Ft
09/28/2022 09/28/22 Pending -- -- --
08/24/2022 08/24/22 Price Changed $539,900 -1.8% $268 / Sq Ft
08/15/2022 08/15/22 Price Changed $549,900 -1.8% $273 / Sq Ft
08/09/2022 08/09/22 For Sale $559,900 +12.2% $278 / Sq Ft
05/06/2022 05/06/22 Sold $499,000 -2.1% $247 / Sq Ft View Prior Sale
05/05/2022 05/05/22 Pending -- -- --
04/04/2022 04/04/22 For Sale $509,900 +17.2% $253 / Sq Ft
09/11/2020 09/11/20 For Sale $435,000 0.0% $327 / Sq Ft
08/31/2020 08/31/20 Sold $435,000 -- $327 / Sq Ft View Prior Sale
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 $4,611 $496,300 $120,200 $376,100
2023 $4,670 $472,000 $120,200 $351,800
2022 $4,257 $399,300 $120,200 $279,100
2021 $3,531 $322,000 $120,200 $201,800
2020 $3,345 $265,900 $99,000 $166,900
2019 $3,122 $252,600 $91,900 $160,700
2018 $2,931 $242,000 $91,900 $150,100
2017 $3,060 $239,200 $91,900 $147,300
2016 $2,838 $240,900 $91,900 $149,000
2014 $2,656 $245,300 $91,900 $153,400
Source: Public Records

Agents Affiliated with this Home

  • Nathan Walts

    Seller's Agent in 2022

    Nathan Walts

    REAL ESTATE NETWORK L.L.C

    (574) 870-2378

    109 Total Sales

    Nathan Walts
    Section Image

  • N

    Seller's Agent in 2020

    Non-BLC Member

    MIBOR REALTOR® Association

    Non-BLC Member
    Section Image

  • S

    Buyer's Agent in 2020

    Shane Burns

    Victory Realty Team

    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202233057

Indiana Regional MLS

APN: 91-83-32-000-014.400-013

Indiana White County 47960

5525 N West Shafer Dr, IN

This home is located at 5525 N West Shafer Dr, Union Township, IN 47960 since 09 August 2022 and is currently estimated at $634,908, approximately $314 per square foot. This property was built in 2004. 5525 N West Shafer Dr is a home located in White County with nearby schools including Twin Lakes 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