NOT LISTED FOR SALE

7227 N West Shafer Dr Monticello, IN 47960

Estimated Value: $167,000 - $536,000

4.25 Acres
$69,139 Price per Acre
185,261 Sq Ft Lot

Last Sold March 17, 2016

Last sale price $100,000

Est. 194% increase in value since last sale

Current estimated payment $1,684/month

382 Days on Market

Highlights

  • 500 Feet of Waterfront
  • Lake, Pond or Stream
  • Agricultural

About This Lot

As of March 2016

HUGE PRICE REDUCTION!! SELLER MOTIVATED TO SELL. NOT OFTEN A PROPERTY ON MAIN LAKE COMES AVAILABLE WITH THIS VIEW/AMOUNT OF WATERFRONTAGE/SITE SIZE.. 4.253 acre Lake Front Property. Excellent Views of Lake Shafer. Regional Sewer on site but not currently hooked up. Utilities on site. Access off NW Shafer Drive. Build your dream home or a lake cottage. There are cleared areas, partially wooded areas, a peninsula with bayou, Main Shafer waterfrontage. Property is mostly lake level.

Last Agent to Sell the Property

Gregory Vogel

VOGEL REAL ESTATE Listed on: 02/28/2015

Last Buyer's Agent

Gregory Vogel

VOGEL REAL ESTATE Listed on: 02/28/2015

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,611

Lot Details

  • 4.25 Acre Lot
  • 500 Feet of Waterfront
  • Lake Front
  • Property fronts a county road
  • Property fronts an easement
  • Finished Lot(s)

Parking

  • Driveway

Schools

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

Additional Features

  • Lake, Pond or Stream
  • Agricultural
  • Well

Listing and Financial Details

  • Assessor Parcel Number 91-83-21-000-000.700-013

Property Details

Property Type

Land

Est. Annual Taxes

$1,611

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Waterfront: Yes
  • Legal Description: NE NE 08-27-02 (40acres) Lincoln Twp This parcel was split therefore the sale was only 4.253 | Survey was completed 3-11-2016
  • Parcel Number ID: 91-83-21-000-000.700-013
  • Platted: Yes
  • Road Access: County
  • Road Surface: Asphalt
  • Sp Lp Percent: 43.5
  • Parcel Description: Lake, Level, Partially Wooded, Waterfront, Undeveloped, Waterfront-Level Bank
  • Type of Sale: Traditional
  • Type Use: Agriculture, Residential
  • Year Taxes Payable: 2015
  • Special Features: None

Exterior Features

  • Channel Canal Frontage: 500
  • Water Frontage: 500
  • Water Name: Lake Shafer
  • Road Frontage: County

Utilities

  • Water Utilities: Well
  • Water Type: Lake
  • Electricity Type: Available
  • Sewer Type: Regional

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 Dimensions: 4.253
  • Estimated Lot Sq Ft: 185261
  • Estimated Lot Size Acres: 4.253
  • Easements: Yes

Tax Info

  • Annual Taxes: 1611

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
Feb 28, 2015
Closed on
Mar 17, 2016
Sold by
Griesey Dennis
Bought by
Four Soar Llc
Seller's Agent
Gregory Vogel
VOGEL REAL ESTATE
Buyer's Agent
Gregory Vogel
VOGEL REAL ESTATE
List Price
$420,000
Sold Price
$100,000
Premium/Discount to List
-$320,000
-76.19%
Current Estimated Value
$294,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,048
Avg. Annual Appreciation
10.45%

Purchase Details

Closed on
May 28, 2014
Sold by
Griesey Dennis
Bought by
Maka John J
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Four Soar Llc $100,000 White County Abstract & Title
Maka John J $30,000 White County Abstract & Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2016 03/17/16 Sold $100,000 -76.2% --
03/16/2016 03/16/16 Pending -- -- --
02/28/2015 02/28/15 For Sale $420,000 -- --
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 $979 $105,400 $105,400 $0
2023 $1,043 $105,400 $105,400 $0
2022 $1,132 $105,400 $105,400 $0
2021 $1,167 $105,400 $105,400 $0
2020 $1,341 $105,400 $105,400 $0
2019 $1,303 $105,400 $105,400 $0
2018 $1,276 $105,400 $105,400 $0
2017 $1,348 $105,400 $105,400 $0
2016 $1,488 $126,300 $126,300 $0
2014 $1,278 $130,300 $114,800 $15,500
Source: Public Records

Agents Affiliated with this Home

  • Gregory Vogel

    Seller's Agent in 2016

    Gregory Vogel

    VOGEL REAL ESTATE

    (574) 870-3987

    133 Total Sales

    Gregory Vogel
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Map

Source: Indiana Regional MLS

MLS Number: 201507826

Indiana Regional MLS

APN: 91-83-21-000-000.700-013

Indiana White County Monticello 47960

7227 N West Shafer Dr, Monticello, IN

This home is located at 7227 N West Shafer Dr, Monticello, IN 47960 since 28 February 2015 and is currently estimated at $294,048. 7227 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.

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