5603 West Shafer, Monticello, IN 47960


MLS ID: #201828777
Price: $ 435,000
Sq Ft: 4,238
Finished Sq Ft: 5,256
Lot Size: 1.37 Acres
Year Built: 1949
Bedrooms: 8
Full Bathrooms: 5
Half Bathrooms:
Taxes: $ 0
  • Bookmark and Share

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 ID: 201828777


# of Units 4
Price Per Unit 108,750
Above Grade Finished SF 4,238
Above Grade Unfinished SF 2
Main Level SF 2,628
Upper Level SF 1,610
Combined Finished SF 5,256
Below Grade Finished SF 1,018
Below Grade Unfinished SF 0
Total Below Grade SF 1,018
Total Sq Ft 5,256
Lot Dimensions IRR
Approx Lot Size SqFt 59,503
Approx Lot Size Acres 1.3660
Garage SF 1,745
Garage # of Cars 1
# of Fireplaces 3
Water Front Yes
Water Front Type Lake
Water Frontage 210
Style Two Story
New Construction No
Elementary School North White Primary
Middle School North White
Senior North White
District North White School Corp.
# Bedrooms 8
# of Full Baths 5
# of Half Baths 0
# Above Grade Bedrooms 7
Living Room 2 x 1
Kitchen 450 x
Family Room 600 x 450
Bedroom 4 2 x 1
Bedroom 5 4 x 4
Laundry Room 12 x
Other Room 1 4 x 1
Other Room 2 2 x 2400
Other Room 3 1 x
Annual Gross Rent Income $28,800.00
Annual Sewer Expense $1,744.80
Annual Fuel Expense $1,264.66
Annual Electric Expense $3,924.05
Annual Trash Expense $492.27
Annual Property Tax $4,135.60

Listing Office: Harrison Real Estate

Listing Agent: Ryan Harrison


Property information is provided by the Indiana Regional MLS. The 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. The data is deemed reliable but is not guaranteed accurate by the IRMLS. Featured Properties may have updated information provided by Myers Trust.