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$5,250,000   Price Analysis
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7332 N Shafer Dr
Monticello, IN 47960
7 bed 8 bath 7,611 SqFt ($689/SqFt)
90.41 acre lot. Built 1997
Listed 2024-04-15, Taxes $1,238
May be USDA loan restricted due to income limits
near Monticello

This private oasis is a self-sustained retreat with 3000 linear feet and ~160 acres of waterfront property on Lake S hafer near the quaint town of Monticello.

This has everything you can possibly want or need with much, much more. There are 3 magnificent roomy and inviting homes that each sleep ver 10, a state-of-the-art barn with a guest suite, an aerated fishing pond stocked with bass. A fishing hut with a full bath and kitchenette covered deck and sleeps 4. If that isn't enough you will find 2 boat houses with automatic lifts, one of which has a party room, kitchen and powder room.

Sandy beach, boat dock, sand volleyball court, fire pit, plumbed grills and decks with picnic benches, kids' jungle gym, outdoor basketball court, indoor basketball court, work out room, fenced grazing pastures, a private bayou, trails, forest, a creek, chicken coop, an orchard, farmland and tranquil open space. Too much to describe!


Presented by Laura Topp at
Berkshire Hathaway HomeServices Indiana Realty.


Property MLS #21972300 from MIBOR

Bedrooms: 7
Bedrooms On Basement Level: 1
Bedrooms On Main Level: 3
Bedrooms On Upper Level: 3
Primary Bedroom Dimensions: 29 x 32
Bedroom 2 Dimensions: 15 x 20
Bedroom 3 Dimensions: 15 x 20
Bedroom 4 Dimensions: 24 x 22
Bedroom 5 Dimensions: 11 x 14
Bedroom 6 Dimensions: 19 x 23
Primary Bedroom Level: Main
Bedroom 2 Level: Upper
Bedroom 3 Level: Upper
Bedroom 4 Level: Upper
Bedroom 5 Level: Main
Bedroom 6 Level: Upper

Total Rooms: 14
Kitchen: 10 x 12 x Main
Dining Room: 17 x 21 x Main
Dining Room: 9 x 12 x Main
Basement Features: Finished Ceiling, Partial
Family Room Dimensions: 17 x 15
Great Room Dimensions: 27 x 23
Living Room Dimensions: 27 x 23
Family Room Level: Upper
Great Room Level: Main
Living Room Level: Main

Total Bathrooms: 8
Full Bathrooms: 7
1/2 Bathrooms: 1
Full Bathrooms On Main Level: 4
Half Bathrooms On Main Level: 1
Full Bathrooms On Upper Level: 3

Vaulted Ceiling(s)
Center Island
Hardwood Floors
Eat-in Kitchen
Pantry
Screens Complete
Walk-in Closet(s)
Wood Work Stained

Gas Cooktop
Dryer
Disposal
Gas Water Heater
Kitchen Exhaust
Microwave
Gas Oven
Refrigerator
Washer

Cooling Features: Central Electric
Fireplace Features: Dining Room, Family Room, Gas Starter, Woodburning Fireplce
Heating Features: Forced Air, Gas, Heat Pump, Radiant Floor
Number of Fireplaces: 2

Dining Area Description: Dining Combo/Family Room, Dining Combo/Great Room, Dining Combo/Kitchen
Dining Room Dimensions: 17 x 21
Dining Room Level: Main
Kitchen Dimensions: 31 x 21
Kitchen Features: Kitchen Country
Kitchen Level: Main

Barn Storage
Basketball Court
Carriage/Guest House
Gas Grill
Outdoor Fire Pit
Patio And Porch Features: Covered Patio, Wrap Around

Dock
Lake Front

Lot Description: Wooded
Lot Size Acres: 90.41
Lot Size Square Feet: 3938259

Garage Spaces: 4
Parking Features: Detached, Garage Door Opener, Heated, Workshop in Garage
Garage Sqft: 2111

View: Lake
Other Equipment: Generator, Smoke Alarm, Sump Pump

High School: Twin Lakes Senior High School
High School District: Twin Lakes School Corp
Middle School: Roosevelt Middle School

North White Intermediate is a public middle school located approximately 6 miles away.
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North White Jr/Sr High School is a public high school located approximately 6 miles away.
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North White Primary School is a public elementary school located approximately 6 miles away.
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Calculated Total Monthly Association Fees: 0

Source Listing Status: Active
County: White
Directions: GPS Friendly
Tax Year: 2023
Source Property Type: Residential
Area: 9102 - White - Liberty
Source Neighborhood: 9102 - White - Liberty
Parcel Number: 918321000004500010
Postal Code Plus 4: 7529
Township: Liberty
Property Subtype: Single Family Residence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$unknown + $105,000
$105,000
$1,238
2020$unknown + $104,200
$104,200
$1,331
2019$unknown + $125,500
$125,500
$1,505
2018$unknown + $161,100
$161,100
$1,640
2018$unknown + $141,200
$141,200
$1,640
2017$1,134,600 + $333,300
$1,467,900
$1,807
2016$1,205,300 + $350,700
$1,556,000
$15,043
2015$1,270,100 + $350,700
$1,620,800
$17,080
2013$1,259,200 + $326,900
$1,586,100
$17,207
2012$1,260,400 + $310,400
$1,570,800
$17,742
2011$1,367,600 + $337,900
$1,705,500
$19,533
2010$1,151,200 + $333,700
$1,484,900
$18,400
2008$961,600 + $248,100
$1,209,700
$15,879

Listed 2024-04-15
$5,250,000
MIBOR

Total Square Feet Living: 6882
Year Built: 1997
Construction Materials: Cedar, Shingle/Shake
Foundation Details: Poured Concrete
Levels: Two
Property Age: 27
Total Area Main: 4799
Total Area Upper: 2083

Water Source: Private Well
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.