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$849,900   Price Analysis
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4371-4383 E Jennings Loop
Monticello, IN 47960
8 bed 4 bath 3,722 SqFt ($228/SqFt)
0.64 acre lot. Built 1953
Listed 2024-04-17
May be USDA loan restricted due to income limits
near Monticello

Embrace the PINNACLE of LAKESIDE Living with this exceptional property on Lake Shafer.

Offerng a magnificent view of the lake, this 2-unit residence can be expanded to a possible 4-unit haven. Immerse yourself in the outdoor oasis, featuring a pergola, an inviting inground pool, a new boat lift, a jumping deck, a thr illing lake slide and a convenient jetski dock.

With brick exteriors, both homes provide 4 beds, 2 baths, a single 2.5 car garage, additional parking and gated access. Whether you desire a multifamily retreat or a smart investment opportunity, this unique property, sold as-is, promises an unparalleled experience and one of the most coveted lake views. Don't let this one-of-a-kind opportunity slip away!


Presented by Craig Frendling at
Advanced Real Estate, LLC.
Listing Agent Photo

Property MLS #202412869 from IRMLS

Bedrooms: 8

Total Bathrooms: 4 / 0
Full Bathrooms: 4

Cooling Features: Central Air
Heating Features: Forced Air
Ceiling Fan

Furnished Description: Land
Flooring: Carpet, Vinyl

Basement Description: Slab

Water Body Name: Lake Shafer
Water Features: Pier/Dock
Lake
Waterfront Feet: 130

Pool Features: Pool: Yes, Pool Type: Below Ground

Lakefront
Lot Description: Partially Wooded, Waterfront, Waterfront-Medium Bank
Lot Size Acres: 0.64
Lot Size Dimensions: Irregular
Lot Size Square Feet: 27878

Garage Spaces: 6

Number of Buildings: 3
Number of Units: 2
Number of Studio Units: 2
Number of 4 Bedroom Units: 2
Bedrooms in Unit-1: 4
Bedrooms in Unit-2: 4
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 2
Total Rooms in Unit-1: 9
Total Rooms in Unit-2: 9
Unit-1 Square Feet: 1725
Unit-2 Square Feet: 1997

Elementary School: Meadowlawn
High School: Twin Lakes
Middle School: Roosevelt
School District: Twin Lakes School Corp.

Twin Lakes Senior High School is a public high school located approximately 4.6 miles away.
directions icon Map directions

Roosevelt Middle School is a public middle school located approximately 4.4 miles away.
directions icon Map directions

Meadowlawn Elementary School is a public elementary school located approximately 4.7 miles away.
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Swimming Pool
Community Features: Skylights, Boat Lift-Permanent, Breakfast Bar, Water Heater Gas, Wet Bar

Source Listing Status: Active
County: White County
Directions: North on West Shafer Drive to Jennings Loop, Both homes are behind the gates, Garage has address number of 4371 on it.
Source Property Type: INVESTMENT
Number of Separate Electric Meters: 5
Number of Separate Gas Meters: 4
Number of Separate Water Meters: 3
Owner Pays: Building Insurance, Electric, Heating, Maintenance, Tax, Water
Parcel Number: 91-73-08-000-004.301-020
Township: Union
Source System Name: C2C

Listed 2024-04-17
$849,900
IRMLS
Listed 2024-03-19
$849,900
NIRA

Total Square Feet Living: 3722
Year Built: 1953
Above Grade Finished Area: 3722
Property Age: 71
Structure Type: Duplex
House Style: Detached
Total Area Sqft: 3722
Architectural Style: Ranch

Sewer: City
Well
Water Well: Shared
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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.