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$384,500

2862 N East Shafer Drive Monticello, IN  47960

  • 3 Beds
  • 3 Baths
  • 2,398 sq. Ft

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Property Description for 2862 N East Shafer Drive Monticello, IN 47960

Rare find for a hobby farm enthusiast. Two largely wooded parcels for a combined 12.3 acres mere minutes from Monticello. Come see the beautiful wooden floors, the oversized garage with lift, animal barn with large fenced in area, detached 2 car garage, and a pole building new in 2017 that might just be your hobby building or, he/she cave! House has an attached bonus area/suite with 2 rooms, snack prep area with sink and cabinets and a private bath with newer walk-in shower. Newer windows and updated electrical. Inspections welcome but selling "As Is".

Address:2862 N East Shafer Drive Monticello IN 47960
Status:Active
on site: 10 days
Price:$384,500
Bedrooms:3 Beds
Bathrooms:2 Full Baths, 1 Half Baths
Sq. Feet:2,398
Year Built:1900
Lot Size:12.30
County: White County
Township: Union
School System : Twin Lakes
MLS #:202443129
Property Type:Site-Built Home

Lot Dimensions:Irregular
Lot Description:Partially Wooded,10-14.999
Directions:Six minutes from intersection of US HWY 24 and IN 39. Go north on 39, Left on E175N, road changes name to E Shafer. Property on the left side of the road. House at 2862 NE SHAFER has gravel drive; pole building has concrete drive/pad.
Total Sq. Ft. :2,398
Garage:Detached
Basement:Yes

Loan Price
$2,369
Price And Interest $2,006/month
Property Tax $203/month
MTG INS $0/month
HOME INS $160/month
Price
$384,500
Down Payment %
0 %
Down Payment
$0
Property Taxes
$203/month
Home Owner Insurance
$1,920 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Breakfast Room 10 x 6 Main
Master Bedroom 14 x 15 Upper
2nd Bedroom 12 x 11 Upper
3rd Bedroom 11 x 15 Upper
Kitchen 15 x 11 Main
Dining Room 15 x 14 Main
Living Room 21 x 14 Main

Semi-Annual Property Tax:$1,220
Tax Year:2024
Mandatory HOA Fee:$

City:Monticello
Subdivision: None
Zip Code:47960

School System:Twin Lakes
High School:Twin Lakes
Middle School:Roosevelt
Elementary School:Meadowlawn

Total Sq. Ft.:2,398
Appliances:Refrigerator, Washer, Dryer-Gas, Freezer, Range-Gas, Sump Pump, Water Heater Gas
Exterior Features:Vinyl
Fuel:Baseboard, Forced Air
Fireplace(s):Living/Great Rm, Fireplace Screen/Door, Gas Log
Cool:Window
Heat:Baseboard, Forced Air
Total Rooms:9
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Pamela Simons with Koppelmann Real Estate

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This 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. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





Monticello Market Report

169
Avg. DOM
$192.89
Avg. $ / Sq.Ft.
$ 274,900
Med. List Price

The house prices in Monticello are indeed dropping at the moment. There has been a decrease in price of $14,421.17. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Monticello are going Down. The average house price is $274,900.00 and the average price per square feet is $192.10 per square feet. At the moment, the amount of homes listed is exactly 340 houses, with 89 with active status, 14 with pending status and 237 sold in Monticello .

The most popular place to buy a home in Monticello is 9101 - White - Monon. 9101 - White - Monon is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Monticello .

The average amount of property taxes you would have to pay for a home in Monticello is $1,688.51. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Monticello are staying listed for an average of 61 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Monticello was 2494 minutes ago.

At the moment we have 2 open houses that you can visit.

The cost of the most expensive home in Monticello is $995,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Monticello is $85,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Monticello in year 1880 and the newest built house is in year 2024.

The average size of properties in Monticello is 1833.89 sq.ft. , the biggest one being 5232 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.

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