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    • $310,000

    4867 NW Shafer Dr, Monticello, IN 47960

    3beds
    1,768sqft
    Single Family Residence
    Built in 1973
    0.35 Acres Lot
    $317,800 Zestimate®
    $175/sqft
    $1,788 Estimated rent

    Home value

    $317,800

    Estimated sales range

    Not available

    $1,788/mo

    Zestimate® history
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    What's special

    Motivated Seller! Experience breathtaking lakefront living with spectacular views from this beautifully updated home on Shafer Lake! Nestled on approximately 70 feet of prime lake frontage, this property boasts a new sea wall, new boat lift that includes two piers--perfect for boating, fishing, or simply soaking in the serene surroundings.Enjoy lake life from the expansive deck or from inside the oversized living and dining room, designed with an open-concept layout that flows seamlessly into the kitchen. Large windows flood the space with natural light and provide stunning, uninterrupted views of the water.The recently remodeled kitchen is a showstopper, featuring gleaming granite countertops, stainless steel appliances, a stylish farmhouse sink, and plenty of cabinet space--ideal for entertaining or quiet evenings at home.With three bedrooms and two full baths, there's room to relax in comfort. Set on a spacious .34+/- acre lot, this home combines many updates with the charm and tranquility of lake living. Whether you're sipping coffee on the deck at sunrise or unwinding after a day on the water, this lakefront retreat offers the ultimate escape. Court house has finished sq ft as 1768. Part of the Shafer Freeman Lakes Environmental Conservation Corp. which requires annual shore front license renewal fee. Information believed accurate, not guaranteed.

    Zillow last checked:

    Listing updated:

    Listed by:

    Deb McKay,

    Hebron Realty & Insurance 219-996-6032

    Bought with:

    Deb McKay, RB14014734

    Hebron Realty & Insurance

    Source: NIRA as distributed by MLS GRID,MLS#: 819154MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Bedroom 2, Primary Bedroom, Living Room, Kitchen, Dining Room, Bedroom 3
    Primary bedroom
    • Area: 272
    • Dimensions: 17.0 x 16.0
    Bedroom 2
    • Area: 117
    • Dimensions: 13.0 x 9.0
    Bedroom 3
    • Description: L shaped with extra nook
    • Area: 128
    • Dimensions: 16.0 x 8.0
    Dining room
    • Area: 170
    • Dimensions: 17.0 x 10.0
    Kitchen
    • Area: 110
    • Dimensions: 11.0 x 10.0
    Living room
    • Area: 320
    • Dimensions: 20.0 x 16.0
    Heating
    • Forced Air, Natural Gas
    Appliances
    • Included: Dryer, Range, Water Softener Owned, Washer, Stainless Steel Appliance(s), Refrigerator, Gas Water Heater
    • Laundry: Electric Dryer Hookup, Washer Hookup, Lower Level, Gas Dryer Hookup
    Features
    • Country Kitchen, Granite Counters
    • Windows: Blinds, Insulated Windows
    • Basement: Daylight,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 1,768
    • Total interior livable area: 1,768 sqft
    • Finished area above ground: 1,768

    Property

    Parking
    • Parking features: Additional Parking, Driveway, Off Street, Kitchen Level, Gravel
    • Has uncovered spaces: Yes
    Features
    • Levels: One and One Half
    • Patio & porch: Deck
    • Exterior features: Other, Private Yard, Storage
    • Pool features: None
    • Has view: Yes
    • View description: Lake, Water
    • Has water view: Yes
    • Water view: Lake,Water
    • Waterfront features: Lake Front, Lake Privileges
    Lot
    • Size: 0.35 Acres
    • Features: Back Yard, Landscaped, Rectangular Lot, Private, Few Trees, Front Yard
    Details
    • Parcel number: 917305000002600020
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1973

    Utilities & green energy

    • Electric: 200+ Amp Service, Circuit Breakers
    • Sewer: Public Sewer
    • Water: Well
    • Utilities for property: Electricity Connected, Sewer Connected, Underground Utilities, Natural Gas Connected

    Community & HOA

    Community
    • Subdivision: Frax
    HOA
    • Has HOA: No
    Location
    • Region: Monticello

    Financial & listing details

    • Price per square foot: $175/sqft
    • Tax assessed value: $291,400
    • Annual tax amount: $1,572
    • Date on market: 4/16/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,VA Loan,FHA,Conventional

    Price history

    DateEventPrice
    9/12/2025Sold$310,000-12.7%$175/sqft
    Source: NIRA as distributed by MLS GRID #819154 Report a problem
    8/27/2025Pending sale$354,999$201/sqft
    Source: NIRA as distributed by MLS GRID #819154 Report a problem
    8/24/2025Price change$354,999-2.7%$201/sqft
    Source: NIRA as distributed by MLS GRID #819154 Report a problem
    8/11/2025Price change$364,999-2.7%$206/sqft
    Source: NIRA as distributed by MLS GRID #819154 Report a problem
    7/28/2025Price change$374,999-2.6%$212/sqft
    Source: NIRA as distributed by MLS GRID #819154 Report a problem
    7/23/2025Price change$384,999-2.8%$218/sqft
    Source: NIRA as distributed by MLS GRID #819154 Report a problem
    6/19/2025Price change$395,900-1%$224/sqft
    Source: NIRA as distributed by MLS GRID #819154 Report a problem
    5/16/2025Price change$399,900-4.8%$226/sqft
    Source: NIRA as distributed by MLS GRID #819154 Report a problem
    5/8/2025Price change$419,900-2.3%$238/sqft
    Source: NIRA as distributed by MLS GRID #819154 Report a problem
    4/16/2025Price change$429,900+23.2%$243/sqft
    Source: NIRA as distributed by MLS GRID #819154 Report a problem
    4/4/2022Pending sale$349,000
    Source: IRMLS #202208634 Report a problem
    3/16/2022Listed for sale$349,000+149.3%
    Source: IRMLS #202208634 Report a problem
    6/16/2017Sold$139,999-17.6%$79/sqft
    Source: Agent Provided Report a problem
    4/26/2017Price change$169,900-9.1%$96/sqft
    Source: REAL ESTATE NETWORK L.L.C #201703187 Report a problem
    3/23/2017Price change$186,999-4.1%$106/sqft
    Source: REAL ESTATE NETWORK L.L.C #201703187 Report a problem
    2/28/2017Price change$194,999-2.5%$110/sqft
    Source: REAL ESTATE NETWORK L.L.C #201703187 Report a problem
    1/26/2017Listed for sale$199,999$113/sqft
    Source: REAL ESTATE NETWORK L.L.C #201703187 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,732 +10.2%$267,800 -8.1%
    2024$1,572 +0.7%$291,400
    2023$1,561 +12.7%$291,400 +8%
    2022$1,386 +8.3%$269,800 +12.2%
    2021$1,279 +20%$240,400 +6.8%
    2020$1,066 +2.1%$225,000 +11.1%
    2019$1,044 +9.4%$202,600
    2018$955 $202,600 +0.7%
    2017$955 -54.8%$201,100
    2016$2,111 $201,100 -0.6%
    2014$2,111 +0%$202,300 -11%
    2013$2,111 -13%$227,400 +0.2%
    2012$2,425 +28.8%$227,000 +27.3%
    2011$1,883 -19%$178,300 -6.3%
    2010$2,325 +4.1%$190,200
    2009$2,233 $190,200
    Find assessor info on the county website

    Neighborhood: 47960

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