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    • $250,000

    5505 N West Shafer Dr, Monticello, IN 47960

    2beds
    1,463sqft
    Single Family Residence
    Built in 1950
    6,534 Square Feet Lot
    $250,000 Zestimate®
    $171/sqft
    $1,490 Estimated rent

    Home value

    $250,000

    Estimated sales range

    Not available

    $1,490/mo

    Zestimate® history
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    What's special

    Peaceful lake sceneryJet ski dockBoat dockBreathtaking water views
    Lake Shafer Opportunity - Lake Rights, Dock & Beautiful Views! Enjoy everything Shafer Lake has to offer from this charming 2-bedroom, 1-bath home with lake rights, a boat dock, jet ski dock, and breathtaking water views. Whether you're looking for a weekend getaway, vacation rental, investment property, or year-round residence, this property offers endless potential. The home could use a little TLC, making it the perfect opportunity for buyers looking to add their own updates and personal touches while building equity. Imagine spending your days boating, fishing, jet skiing, or simply relaxing and enjoying the peaceful lake scenery. With lake access already in place and incredible views that are hard to find, this property is a fantastic opportunity to enjoy the Shafer Lake lifestyle at an affordable price. Bring your vision and make this lakeside retreat your own! Features Include: *2 Bedrooms, 1 Bathroom *Lake Rights *Boat Dock *Jet Ski Dock *Beautiful Lake Views *Great Investment Potential *Weekend Getaway or Full-Time Residence *Opportunity to Add Value with Updates Schedule your private showing today and discover the possibilities this Shafer Lake property has to offer!

    Zillow last checked:

    Listing updated:

    Listed by:

    Tracy Wondaal,

    eXp Realty, LLC 888-611-3912

    Bought with:

    Tracy Wondaal, RB22000980

    eXp Realty, LLC

    Source: NIRA as distributed by MLS GRID,MLS#: 841021MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Rooms
    • Room types: Bedroom 2, Other Room, Utility Room, Primary Bedroom, Living Room, Kitchen
    Primary bedroom
    • Level: Main
    • Area: 142.5
    • Dimensions: 15.0 x 9.5
    Bedroom 2
    • Level: Main
    • Area: 80.84
    • Dimensions: 9.4 x 8.6
    Kitchen
    • Level: Basement
    • Area: 165.76
    • Dimensions: 14.8 x 11.2
    Living room
    • Level: Main
    • Area: 193.5
    • Dimensions: 15.0 x 12.9
    Other
    • Description: Bathroom
    • Level: Main
    • Area: 36.72
    • Dimensions: 5.4 x 6.8
    Other
    • Description: Recreation Room
    • Level: Basement
    • Area: 108.78
    • Dimensions: 11.1 x 9.8
    Utility room
    • Level: Basement
    • Area: 55.48
    • Dimensions: 13.5 x 4.11
    Heating
    • Natural Gas, Forced Air
    Appliances
    • Included: Refrigerator, Microwave
    Features
    • Ceiling Fan(s)
    • Basement: Partially Finished,Storage Space
    • Has fireplace: No
    Interior area
    • Total structure area: 1,463
    • Total interior livable area: 1,463 sqft
    • Finished area above ground: 443

    Property

    Parking
    • Parking features: Additional Parking, Gravel
    Features
    • Levels: One
    • Patio & porch: Deck
    • Pool features: None
    • Fencing: Partial
    • Has view: Yes
    • View description: Lake, Water
    • Has water view: Yes
    • Water view: Lake,Water
    • Waterfront features: Lake Front, Lake Privileges
    Lot
    • Size: 6,534 Square Feet
    • Features: Few Trees
    Details
    • Parcel number: 918332000009600013
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1950

    Utilities & green energy

    • Electric: 100 Amp Service
    • Sewer: Public Sewer
    • Water: Well
    • Utilities for property: Electricity Connected, Water Connected, Sewer Connected

    Community & HOA

    Community
    • Subdivision: None
    HOA
    • Has HOA: No
    Location
    • Region: Monticello

    Financial & listing details

    • Price per square foot: $171/sqft
    • Tax assessed value: $205,100
    • Annual tax amount: $1,905
    • Date on market: 6/20/2026
    • Listing agreement: Exclusive Agency
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    7/29/2026Sold$250,000$171/sqft
    Source: NIRA as distributed by MLS GRID #841021 Report a problem
    6/27/2026Pending sale$250,000$171/sqft
    Source: NIRA as distributed by MLS GRID #841021 Report a problem
    6/20/2026Listed for sale$250,000+177.8%$171/sqft
    Source: NIRA as distributed by MLS GRID #841021 Report a problem
    10/12/1999Sold$90,000$62/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,905 -2.7%$229,900 +12.1%
    2024$1,958 +3.8%$205,100 +3.6%
    2023$1,886 +11.7%$197,900 +12.7%
    2022$1,688 +13.3%$175,600 +15.1%
    2021$1,490 +8.9%$152,500 +30.2%
    2020$1,368 +6%$117,100 +5.8%
    2019$1,291 -5%$110,700 +3.8%
    2018$1,358 $106,600 +0.4%
    2017$1,358 +12.5%$106,200 +10.6%
    2016$1,208 $96,000 -1.4%
    2014$1,208 +14.5%$97,400 +0.4%
    2013$1,055 -22.3%$97,000 -9%
    2012$1,357 +2%$106,600 +6.8%
    2011$1,330 -8.6%$99,800 -4.7%
    2010$1,456 -4%$104,700 -7.4%
    2009$1,516 $113,100
    Find assessor info on the county website

    Neighborhood: 47960

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