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(SOLD) $250,000

8048 N Shafer Drive Monticello, IN  47960

  • 3 Beds
  • 2 Baths
  • 1,616 sq. Ft

Property Description for 8048 N Shafer Drive Monticello, IN 47960

Charming Lake Shafer Retreat! This spacious 3-bedroom, 1.5-bath home supplies over 1,500 sq. ft. of living space. Comes with a convenient 2-car attached garage and the versatility of a 32x48 pole building. Situated on just over 1.5 acres and offering 155 feet of waterfront, this property offers the perfect blend of country living and lakeside serenity. Ideal for those seeking tranquility and outdoor recreation. ( listing includes 3 parcels ) Call and set up your tour before this one passes you by!

Address:8048 N Shafer Drive Monticello IN 47960
Status:Sold
Sold On: 6/28/2024
Price:$279,900
Bedrooms:3 Beds
Bathrooms:1 Full Baths, 1 Half Baths
Sq. Feet:1,616
Year Built:1946
Lot Size:1.54
County: White County
Township: Liberty
MLS #:202419637
Property Type:Site-Built Home

Lot Dimensions:310x396x122x260
Lot Description:Level,Waterfront
Directions:Take N West Shafer drive towards buffalo, house will be on the left. GPS friendly.
Total Sq. Ft. :1,616
Garage:Attached
Basement:No

Loan Price
$1,534
Price And Interest $1,304/month
Property Tax $126/month
MTG INS $0/month
HOME INS $104/month
Price
$250,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$126/month
Home Owner Insurance
$1,248 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Master Bedroom 14 x 20 Main
2nd Bedroom 14 x 12 Main
3rd Bedroom 12 x 12 Main
Kitchen 16 x 12 Main
Dining Room 16 x 8 Main
Living Room 19 x 11 Main

Semi-Annual Property Tax:$755
Tax Year:2024
Mandatory HOA Fee:$

Subdivision: None
Zip Code:47960

High School:North White
Middle School:North White
Elementary School:North White Primary

Total Sq. Ft.:1,616
Appliances:Dishwasher, Boat Lift-Covered, Boat Lift-Permanent, Oven-Built-In, Range-Gas
Exterior Features:Brick
Fuel:Propane, Multiple Heating Systems
Cool:Central Air
Heat:Propane, Multiple Heating Systems
Total Rooms:8
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Jill Coble with REAL ESTATE NETWORK L.L.C

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

167
Avg. DOM
$194.02
Avg. $ / Sq.Ft.
$ 264,950
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 847 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.