Listing
$505,000
Original list price: $499,900
5547 NW••••• Shafer Dr (Sign up for 50 free credits to unlock)Monticello, IN 47960
Property Description
Don't miss this beautifully renovated Lake Shafer property offering an incredible lakeside lifestyle! This ranch style home on a walk-out basement features 3-4 bedrooms and 2,714 sq ft of finished living space, perfectly situated on 70 feet of prime Lake Shafer frontage. The waterfront is ideal for recreation and relaxation, with a swim deck, temporary boat lift and a double covered permanent electric boat lift, making it easy to enjoy boating and water sports. Inside, you'll find a completely updated interior designed to maximize comfort and showcase the stunning lake views. The main level features an updated kitchen with modern finishes, while the walk-out lower level offers a second full kitchen-perfect for entertaining guests or accommodating multi-generational living. Expansive windows throughout the home fill the space with natural light and capture breathtaking lake views from nearly every room. The sunroom is a standout space, highlighted by a wall of windows overlooking the water, along with a bar area for entertaining. The walk-out lower level provides seamless indoor-outdoor living and easy access to the lakefront. Additional features include a 24x24 two-car garage, offering ample storage, plus plenty of additional parking for guests. The property can also be sold as a turn-key opportunity - simply move in and start enjoying lake life immediately! Located on the main part of Lake Shafer, this is an excellent location for boating, swimming, and soaking in everything the lake lifestyle has to offer. Whether you're seeking a full-time residence, vacation home, or investment property, this one checks all the boxes!
Property Facts & Features
- Property Type
- Single Family
- Status
- Closed
- Listed
- Apr 28, 2026
- Sold
- Sep 3, 2026
- List Price
- $499,900
- Price per Sq Ft
- $186/sqft
- ZIP Code
- 47960
- Full Baths
- 2
- Stories
- 1
- Garage
- 2 spaces
- Parking
- 2
- Cooling
- Central Air
- Style
- Ranch
- Property Tax (2024)
- $2,537/yr
- Assessed Value
- $514,800
- County
- White
- School District
- North White School Corp
Estimated Value
Automated estimate. Not an appraisal.
Features & Amenities
Bedrooms
- Bedrooms: 4
- Bedrooms On Basement Level: 2
- Bedroom 1 Dimensions: 13' x 15'
- Bedroom 2 Dimensions: 10' x 14'
- Bedroom 3 Dimensions: 14' x 13'
- Bedroom 4 Dimensions: 9' x 12'
- Bedroom 1 Level: Main
- Bedroom 2 Level: Main
- Bedroom 3 Level: Lower
- Bedroom 4 Level: Lower
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Full Bathrooms On Main Level: 1
- Bathrooms On Basement Level: 1
- Full Bathrooms On Basement Level: 1
Land Info
- Lot Description: Lake, Waterfront-Medium Bank
- Lot Size Acres: 0.28
- Lot Size Dimensions: 70x175
- Lot Size Square Feet: 12197
Utilities
- Sewer: Regional
- Water Source: Well
- Water Well: Private
Other Rooms
- Total Rooms: 8
- Laundry Level: Lower
- Basement Features: Block
- Family Room Dimensions: 23' x 19'
- Living Room Dimensions: 23' x 15'
- Extra Room-1 Level: Lower
- Family Room Level: Lower
- Living Room Level: Main
- Basement Description: Walk-Out Basement,Finished
- Extra Room-1 Description: 2nd Kitchen
Interior Features
- Flooring: Laminate, Tile
Garage and Parking
- Driveway: Concrete
- Garage Spaces: 2
- Garage Description: Detached
- Garage Sqft: 576
Kitchen and Dining
- Kitchen Dimensions: 23' x 13'
- Kitchen Level: Main
School Information
- Elementary School: North White Primary
- High School: North White Jr/Sr
- Middle School: North White Jr/Sr
- School District: North White School Corp.
Heating and Cooling
- Cooling Features: Central Air
- Fireplace Features: Wood Burning, Basement, One
- Heating Fuel: Gas,Conventional,Forced Air
- Number of Fireplaces: 1
Other Property Info
- Annual Tax Amount: 2357
- Source Listing Status: Sold
- County: White County
- Directions: GPS friendly address.
- Tax Year: 2025
- Inclusions: Dishwasher,Refrigerator,Washer,Boat Lift-Covered,Boat Lift-Permanent,Boat Lift-Temporary,Dryer-Electric,Oven-Gas,Range-Gas,Water Softener-Owned
- Area: White County
- Source Neighborhood: Amos Oak Crest
- Parcel Number: 91-83-32-000-007.900-013
- Subdivision: Amos Oak Crest
- Township: Monon
- Property Subtype: Site-Built Home
Building and Construction
- Total Square Feet Living: 2714
- Year Built: 1960
- Above Grade Finished Area: 1176
- BelowGradeFinishedArea: 1538
- Building Exterior Type: Brick
- Property Age: 66
- Roof: Shingle
- House Style: One Story
- Total Area Sqft: 2714
- Total Below Grade Area: 1538
- Architectural Style: Ranch
Waterfront and Water Access
- Water Body Name: Lake Shafer
- Lake
- Waterfront Feet: 70
Amenities and Community Features
- Bar
- Breakfast Bar
- Ceiling Fan(s)
- Deck on Waterfront
- Eat-In Kitchen
- Firepit
- Garage Door Opener
- Open Floor Plan
- Patio Covered
- Patio Open
- Porch Enclosed
- Twin Sink Vanity
Location
Lat 40.83338 · Lng -86.78939