16 days on rocket

7332 NE Shafer Rd, Monticello, IN, 47960

$5,250,000

6 Bedrooms
7 Full Baths, 1 Partial
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Garage7 spaces
Year Built1997
HeatingNatural Gas
CoolingCentral Air
BasementYes
WaterfrontBeach, Fencing, Lake Front, Pond, River Front, Waterfront, Dock, Lake Access
FireplaceWood Burning, Gas Starter
MLS #12009621
Lot Size160.00 Acres
StatusActive

About 7332 NE Shafer Rd

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. Everything your heart desires and so much more. For those water enthusiasts 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 you will find 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 that overlooks the lake. Perfect for dinner after a fun day on the water. 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, fantastic 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 kids can romp around on the jungle gym for hours. 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 next to the forest and on the bayou, 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 with cathedral ceilings, 4 built-in sleeping books with lighting, electric and wi-fi, 2 bedrooms, 3 full baths provides ample arrangements for all guests. This is all set just outside of the quaint little town of Monticello where you will also find Indiana Beach and the amusement park.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1997

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Chicago
  • Office Phone: (312) 642-1400
  • Listing Agent: Laura Topp

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Vaulted/Cathedral Ceilings, Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Walk-In Closet(s)
  • Fireplace: Wood Burning, Gas Starter

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 7
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Waterfront: Beach, Fencing, Lake Front, Pond, River Front, Waterfront, Dock, Lake Access
  • Exterior: Deck, Patio, Porch, Hot Tub, Brick Paver Patio, Boat Slip, Storms/Screens, Outdoor Grill, Fire Pit, Box Stalls

Parking Information:

  • Garage Space: 7 spaces
  • Attached Garage: No
  • Parking: Driveway

Virtual/3D Tour

  • Virtual Tour: 7332 NE Shafer Rd

Virtual Tour

Lot Features

Lot Information:

  • Lot: Beach, Fencing, Waterfront, Landscaped, Views, Wooded, Trees, Dock, Garden, Outdoor Lighting, Pasture
  • Lot Size: 160.00 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Twin Lakes Senior High School, Public District Grades 9-12
  • Roosevelt Middle School, Public District Grades 6-8
  • Meadowlawn Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Private Drive off of Shafer Dr

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,250,000
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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 NE Shafer Rd vs Monticello

16 DAYS ON ROCKET

-35 Days

$5,250,000

+$4.9M More

KEY TAKEAWAY

This property is $4.9M more than the Median List Price in Monticello, IN.

Based on homes listed in April 2024

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12009621

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Chicago
  • Office Phone: (312) 642-1400
  • Listing Agent: Laura Topp

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Property Sales & Tax

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Rate/APR

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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.

Elementary School

school-card-donut-4515154
6
/10
  • Meadowlawn Elementary School

  • 715 W Ohio St

  • 5.25 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4515155
7
/10
  • Roosevelt Middle School

  • 721 W Broadway St

  • 4.96 miles

  • Public District Grades 6-8

High School

school-card-donut-4515156
6
/10
  • Twin Lakes Senior High School

  • 300 S 3rd St

  • 5.15 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,919. The majority of Monticello, IN residents have income between $35k-100k annually. The majority of families are married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7332 NE Shafer Rd

What is the listing price of this property?

The listing price of 7332 NE Shafer Rd property is $5,250,000.

What type of property is this?

The property 7332 NE Shafer Rd is a house located in Monticello, Indiana, 47960.

Is this property for sale now?

Active Listing: 7332 NE Shafer Rd 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 NE Shafer Rd are:
Meadowlawn Elementary School: GreatSchools Rating 6/10
Roosevelt Middle School: GreatSchools Rating 7/10
Twin Lakes Senior High School: GreatSchools Rating 6/10

How many bedrooms and bathrooms does this property have?

The property at 7332 NE Shafer Rd has 6 bedrooms and 7 full and 1 half bathrooms.

What is the square footage of this property?

The sq. ft. of 7332 NE Shafer Rd is not available (source: MLS/tax record).

Which year was this property built?

The year of construction for 7332 NE Shafer Rd is 1997.
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Rocket Homes›Indiana›White County›Monticello›47960›7332 NE Shafer Rd

This home is located at 7332 NE Shafer Rd in Monticello, IN and zip code 47960. This home, which was built in 1997, sits on a 160.00 acre lot. Features: 6 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since April 15, 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, listings were on the market for 51 days. During the same period, the median list price in this real estate market was $321,950.

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

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