NOT LISTED FOR SALE

8053 N West Shafer Dr Monticello, IN 47960

Estimated Value: $183,000 - $217,000

2 Beds
1.5 Baths
880 Sq Ft
$226/Sq Ft Est. Value

Last Sold August 11, 2014

Last sale price $75,000 $85 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $1,115/month

80 Days on Market

Highlights

  • 90 Feet of Waterfront
  • A-Frame Home
  • Patio
  • Pier or Dock
  • 2 Car Detached Garage
  • Fireplace in Basement

About This Home

As of August 2014

What a great view!With almost 90ft of water frontage makes great weekend cottage or even a year round home! This cottage offers a large two car garage to store all your toys. Also the boat house down by water side is perfect to store all your water toys in coming back off the water. The large deck is perfect to enjoy the summer views of the lake watching the sun rise and set over the water. This home is sold as is and is ready to go to enjoy the summers with all its furniture and appliances'.

Last Agent to Sell the Property

Michael Sims

Redlow Group Listed on: 04/14/2014

Last Buyer's Agent

Lawrence Moser

Twin Lakes Real Estate, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,177

Year Built

  • Built in 1936

Lot Details

  • 4,574 Sq Ft Lot
  • 90 Feet of Waterfront
  • Lake Front

Parking

  • 2 Car Detached Garage

Home Design

  • A-Frame Home
  • Cabin
  • Slab Foundation
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 880 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Fireplace in Basement
  • 1 Bathroom in Basement

Outdoor Features

  • Sun Deck
  • Seawall
  • Patio

Schools

  • Monon Elementary School
  • North White Middle School
  • North White High School

Utilities

  • Central Air
  • Propane
  • The river is a source of water for the property
  • Private Company Owned Well
  • Well
  • Cable TV Available

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 91-83-16-000-013.300-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,177

Year Built

Built in 1936

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1936
  • Style: Two Story
  • Architectural Style: A-Frame, Cabin/Cottage
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: OUT S/E W SW 16-28-03 .092A & OUT S/E W |
  • Parcel Number ID: 91-83-16-000-013.300-010
  • Platted: Yes
  • Amenities: Cable Ready, Deck Open, Deck on Waterfront, Patio Open
  • Inside City Limits: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 880
  • Total Finished Sq Ft: 880
  • Above Grade Finished Sq Ft: 880
  • Basement Foundation: Finished, Slab, Walk-Out Basement
  • Number Of Fireplaces: 1
  • Fireplace: Basement, One
  • Fireplace: Yes
  • Bedroom 1: Dimensions: 20x10, On Level: Main
  • Bedroom 2: Dimensions: 10x22, On Level: Main
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Wood
  • Roof Material: Asphalt
  • Outbuilding1: Outbuilding, Dimensions: 22x24
  • Sea Wall Type: Steel
  • Water Features: Pier/Dock
  • Water Frontage: 90
  • Water Name: Lake Shafer

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 22x24
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Butane, Propane, Conventional
  • Water Utilities: Well
  • Water Type: River
  • Well Type: Private

Condo/Co-op/Association

  • Other Fee Description: SFLECC

Schools

  • Elementary School: Monon

Lot Info

  • Lot Description: Waterfront, Waterfront-Medium Bank
  • Lot Dimensions: unk
  • Estimated Lot Sq Ft: 4574
  • Estimated Lot Size Acres: 0.105

Tax Info

  • Annual Taxes: 1177.12

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 14, 2014
Closed on
Aug 11, 2014
Sold by
Trust No 406
Bought by
Fogarty Gerard P and Fogarty Kelli A Reaney
Seller's Agent
Michael Sims
Redlow Group
Buyer's Agent
Lawrence Moser
Twin Lakes Real Estate, Inc
List Price
$75,000
Sold Price
$75,000
Current Estimated Value
$198,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,517
Avg. Annual Appreciation
8.97%
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
Fogarty Gerard P $75,000 White County Abstract & Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2014 08/11/14 Sold $75,000 0.0% $85 / Sq Ft
07/03/2014 07/03/14 Pending -- -- --
04/14/2014 04/14/14 For Sale $75,000 -- $85 / 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 $851 $104,100 $95,100 $9,000
2023 $904 $104,100 $95,100 $9,000
2022 $832 $83,400 $74,400 $9,000
2021 $843 $82,300 $74,400 $7,900
2020 $988 $88,100 $80,000 $8,100
2019 $943 $88,100 $80,000 $8,100
2018 $628 $60,000 $51,900 $8,100
2017 $673 $60,000 $51,900 $8,100
2016 $615 $60,000 $51,900 $8,100
2014 $1,018 $109,200 $51,900 $57,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 20079854

Indiana Regional MLS

APN: 91-83-16-000-013.300-010