NOT LISTED FOR SALE

8061 N West Shafer Dr Monticello, IN 47960

Estimated Value: $147,000 - $235,000

2 Beds
1 Bath
1,144 Sq Ft
$170/Sq Ft Est. Value

Last Sold August 30, 2021

Last sale price $120,000 $105 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,156/month

89 Days on Market

Highlights

  • 40 Feet of Waterfront
  • 1-Story Property
  • Waterski or Wakeboard
  • Lake, Pond or Stream

About This Home

As of August 2021

Such a cute cabin located on Lake Shafer! This would make a great weekend getaway! Once you are there you will not want to leave. The lake is right out your back door including a nice deck. There is also an amazing view right out your living room window! It has 2 bedrooms and 1 bathroom. If you love the lake life then this is the place for you!

Last Agent to Sell the Property

Michael Sims

Redlow Group Listed on: 05/27/2021

Co-Listed By

Ryan Clemons

Redlow Group

Last Buyer's Agent

Joe Martino

Martino Realty & Auctioneers - Monticello

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,540

Year Built

  • Built in 1955

Lot Details

  • 3,572 Sq Ft Lot
  • 40 Feet of Waterfront
  • Lake Front

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1,144 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Waterski or Wakeboard
  • Lake, Pond or Stream

Schools

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

Utilities

  • Well

Listing and Financial Details

  • Assessor Parcel Number 91-83-16-000-006.300-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,540

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1955
  • Style: One Story
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: OUT S/E W SW 16-28-03 .082
  • Parcel Number ID: 91-83-16-000-006.300-010
  • Platted: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1144
  • Total Finished Sq Ft: 1144
  • Above Grade Finished Sq Ft: 1144
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Living Great Room: Dimensions: 18x13, On Level: Main
  • Kitchen: Dimensions: 8x12, On Level: Main
  • Den: Dimensions: 9x13, On Level: Main
  • Bedroom 1: Dimensions: 8x13, On Level: Main
  • Bedroom 2: Dimensions: 14x9, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Water Frontage: 40
  • Water Name: Lake Shafer

Utilities

  • Heating Fuel: Conventional
  • Sewer: Regional
  • Water Utilities: Well
  • Laundry: Dimensions: Lowerx10, On Level: 6
  • Water Type: Lake
  • Well Type: Unknown

Schools

  • Elementary School: North White Primary

Lot Info

  • Lot Description: Waterfront
  • Estimated Lot Sq Ft: 3572
  • Estimated Lot Size Acres: 0.082

Tax Info

  • Annual Taxes: 1540

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
May 27, 2021
Closed on
Aug 30, 2021
Sold by
Rose Larson
Bought by
Poppas Mark A and Poppas Debra E
Seller's Agent
Michael Sims
Redlow Group
Buyer's Agent
Joe Martino
Martino Realty & Auctioneers - Monticello
List Price
$149,900
Sold Price
$120,000
Premium/Discount to List
-$29,900
-19.95%
Current Estimated Value
$194,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,898
Avg. Annual Appreciation
11.94%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Poppas Mark A $120,000 Columbia Title Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2021 08/30/21 Sold $120,000 -7.6% $105 / Sq Ft
08/24/2021 08/24/21 Pending -- -- --
07/22/2021 07/22/21 Price Changed $129,900 -13.3% $114 / Sq Ft
05/27/2021 05/27/21 For Sale $149,900 -- $131 / 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 $1,572 $192,400 $102,800 $89,600
2023 $1,712 $197,100 $102,800 $94,300
2022 $1,485 $148,800 $80,400 $68,400
2021 $1,405 $137,100 $78,200 $58,900
2020 $1,604 $143,000 $84,100 $58,900
2019 $1,540 $143,900 $84,100 $59,800
2018 $1,172 $112,000 $54,500 $57,500
2017 $1,807 $107,200 $54,500 $52,700
2016 $1,099 $107,200 $54,500 $52,700
2014 $999 $107,100 $54,500 $52,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202119700

Indiana Regional MLS

APN: 91-83-16-000-006.300-010