$435,000
8 beds 5 baths 5,256 sq. ft.
40.8339 -86.7881
FOR SALE

5603 N West Shafer Drive Monticello, IN 47960

$435,000
Est. Monthly $1,902 recalculate
8 beds 5 baths 5,256 sf
 

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Demotte, IN 46310
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5603 N West Shafer Drive
Monticello, IN 47960

Explore This Property

Multi-Family (2-4 Units) - INCOME PRODUCING 4-UNIT HOME. Stately large home on main Lake Shafer with Million Dollar Views! Converted into 4-apartments. Convert back to single family home or continue as income producing property. Unlimited potential with 8-bedrooms, 4-kitchens and panoramic views of the lake all situated on 1.366 acres and 200+ feet of water frontage.
MLS # 201725682
Courtesy Of Harrison Real Estate

Property Features

  • Amenities: Deck, Dock
  • Appliances: Dishwasher, Oven
  • Architecture Style: New Traditional
  • Cooling System: Window Unit(s) A/C
  • Exterior Type: Vinyl Siding
  • Floor Covering: Carpet, Vinyl
  • Heating Fuel: Natural Gas
  • Heating System: Hot Water
  • Lot Size: 1.37 Acres
  • Parking Type: Off Street
  • Roof Type: Asphalt
  • Rooms: Bedroom, Full Bath, Laundry Room

  • Purchase or Lease Opportunities

    Traditional Mortgage
    30 year mortgage at 3.38% APR
    $1,902Your estimated monthly payment
    $87,00020% Down Payment
    $435,000 $391,500
    purchase price loan amount
    Explore Mortgage Options
    Program Details
    *Neither Century 21 Real Estate LLC nor any of its franchisees or other affiliated companies provides, or is in any way responsible, for any product or service offered by Home Partners of America.

  • Elementary School
    NORTH WHITE INTERMEDIATE
    Grades 4-6 | Public School

    MONON, IN 47959
    305 E BROADWAY ST
    219-253-7701
    5.2
    miles

    Total Students 200
    Student Teacher Ratio 7:1

    School Rating

    2 stars View School Details
    Middle School
    NORTH WHITE JR/SR HIGH SCHOOL
    Grades 6-12 | Public School

    MONON, IN 47959
    305 E BROADWAY ST
    219-253-6638
    5.2
    miles

    Total Students 383
    Student Teacher Ratio 17:1

    School Rating

    2 stars View School Details
    High School
    NORTH WHITE JR/SR HIGH SCHOOL
    Grades 6-12 | Public School

    MONON, IN 47959
    305 E BROADWAY ST
    219-253-6638
    5.2
    miles

    Total Students 383
    Student Teacher Ratio 17:1

    School Rating

    2 stars View School Details
    Other Nearby Schools Distance Type Grades School Rating Parent Rating
    North White Primary School 5.2 mi Public PRESCHOOL-3

    Local Area Information for Monticello, IN 47960

    Median Age: 44.8
    Married: 47.1%
    Number of Households: 6,326
    Households with Children: 1,465
    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home
    (in Degrees Fahrenheit)
      Visit Area Info Page

      Copyright © 2017 White County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
      Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed.
      Sources: Maponics, LLC and Onboard Informatics ©2016. School Performance data by SchoolDigger.com. School Review data by Niche.com. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
      † Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
      The Multi-Family (2-4 Units) located at 5603 N West Shafer Drive, Monticello, IN 47960 is currently for sale. 5603 N West Shafer Drive, Monticello is listed for $435,000. This property has 8 bedrooms, 5 full bathrooms, and approximately 5,256 square feet. If the property located at 5603 N West Shafer Drive, Monticello, IN isn't what you're looking for, search Indiana real estate to see other houses for sale in Monticello.