14 days on rocket

7332 N E Shafer Dr, Monticello, IN, 47960

$5,250,000

7 Bedrooms
7 Full Baths, 1 Partial
$690/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingAsphalt
Attached Garage4 spaces
Year Built1997
HeatingNatural Gas, Forced Air, Heat Pump
CoolingCentral Air
WaterfrontLake Front
FireplaceFamily Rm, Living/Great Rm, Wood Burning, Gas Starter
MLS #202413013
Lot Size160.00 Acres
StatusActive

About 7332 N E Shafer Dr

This private oasis is a self-sustained retreat with 3000 linear feet of waterfront property sitting on 160 private acres on Lake Shafer, forest, trails, ponds and even farmland. You will find two boat houses each equipped with automatic boat lifts which accommodate pontoon boats, jet boats, jet skis and paddle boats. On the water you will also find a sizable pier, sandy beach, beach volleyball court and fire pit. In one boat house there is a party room,??fully functioning kitchen, powder room, a wrap-around partially covered deck that overlooks the water and a BBQ area equipped with gas grills and picnic benches.? The New England style main house greets you with an enormous wrap-around porch. This home was built for comfort and entertaining with 3 bedrooms and sleeping nooks which can easily sleep 12, 4 full baths, one powder room, laundry room, a cathedral ceiling great room, formal dining room, full functioning kitchen with coffee bar plus 2 stone fireplaces and a sizable comfy loft. The stunning guest house has 3 bedrooms, can easily sleep 11, 3 full baths, a great room, full kitchen plus dining area, family room that leads to the deck with a hot tub, plus an outdoor shower.?Want to play a game of basketball, enjoy the full-sized outdoor basketball court.? The impressive barn has six stalls and can house horses, goats and cows easily. The barn has a full bath on the main level, a guest suite in the silo/turret with a living room, kitchenette, bedroom and full bath. Upstairs there is an indoor half-court basketball court and full workout area.?There are fenced in horse pastures surrounded the barn and land as well. The fishing hut sleeps 4 with a kitchenette, full bath and covered deck overlooking the bass stocked aerated pond.?Of course you need a place for the toys, the oversized, newly built shed with heating and cooling can hold those 3 wheelers, motor bikes, snowmobiles, store the boats and collector cars. The newly renovated carriage house is a site to be seen. Set on the South edge of the property, this home overlooks the lake and the bayou with direct access to the water from the tiered cement break wall. This home is an entertainer’s dream with sliding door entrances to patios, a fenced in yard. Gorgeous chefs’ kitchen, formal and informal dining areas, al fresco dining space outside, a massive great room, 4 built-in sleeping books with lighting, electric and wi-fi, 2 bedrooms, 3 full baths provides ample arrangements for all guests.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1997

Listing Office:

  • Office Name: BerkshireHathaway HS IN Realty
  • Listing Agent: Laura Topp

Interior Features

Interior Information:

  • Flooring Type: Hardwood Floors, Stone
  • Fireplace: Family Rm, Living/Great Rm, Wood Burning, Gas Starter

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 7
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Waterfront: Lake Front
  • Exterior: Wood

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: Yes
  • Parking: Asphalt

Virtual/3D Tour

  • Virtual Tour: 7332 N E Shafer Dr

Virtual Tour

Lot Features

Lot Information:

  • Lot: Wooded, Waterfront, Lake/Pond, Pasture
  • Lot Size: 160.00 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air, Heat Pump
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • North White Jr/Sr High School, Public District Grades 7-12

Other

Directions Information:

  • Directions: Private drive off of Shafer Dr

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,250,000
  • Price Per SqFt: $690/SqFt
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Housing Market Comparison

See how this home compares to others in Monticello, IN.

Med. List Price

$321.9K

Med. Price/SqFt

$172

Avg. Days On Market

51

# of Sold Homes

8

7332 N E Shafer Dr vs Monticello

14 DAYS ON ROCKET

-37 Days

$5,250,000

+$4.9M More

$690/SqFt

+$518 More

KEY TAKEAWAY

This property is $4.9M more than the Median List Price and $518/SqFt more than other homes in Monticello, IN.

Based on homes listed in April 2024

MLS Details

MLS Information:

  • MLS Number: #202413013

Listing Office:

  • Office Name: BerkshireHathaway HS IN Realty
  • Listing Agent: Laura Topp

IDX The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 12:15:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$26.2K

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$15.8K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

High School

school-card-donut-4786187
6
/10
  • North White Jr/Sr High School

  • 305 E Broadway St

  • 6.40 miles

  • Public District Grades 7-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,783. Typical income of Monticello, IN residents is less than $35k annually. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7332 N E Shafer Dr

What is the listing price of this property?

The listing price of 7332 N E Shafer Dr property is $5,250,000.

What type of property is this?

The property 7332 N E Shafer Dr is a house located in Monticello, Indiana, 47960.

Is this property for sale now?

Active Listing: 7332 N E Shafer Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7332 N E Shafer Dr are:
North White Jr/Sr High School: GreatSchools Rating 6/10

How many bedrooms and bathrooms does this property have?

The property at 7332 N E Shafer Dr has 7 bedrooms and 7 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 7332 N E Shafer Dr is 1997.
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Rocket HomesIndianaWhite CountyMonticello479607332 N E Shafer Dr

This home is located at 7332 N E Shafer Dr in Monticello, IN and zip code 47960. This home was built in 1997. Features: 7 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since April 18, 2024 and is currently priced at $5,250,000.

In April 2024 in Monticello, IN there were 121.1% more homes for sale than in March 2024. In April 2024 median list price was $321,950 and the average listing age was 51 days.

From Rocket Homes Real Estate and based on county public records data.

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