$244,900

8020 N W Shafer Dr Monticello, IN 47960

$2,908
Closing credit¹
2 beds
1 full, 1 partial
0.2 acres
$309 / sqft
House

Property details

About 8020 N W Shafer Dr

Welcome to your lakeside retreat! This delightful 2-bedroom, 1.5-bath cottage offers the perfect blend of comfort, charm, and functionality — all nestled along 20 feet of prime Lake Shafer frontage. Enjoy picturesque water views from your living room or while relaxing on the shoreline protected by a durable steel sea wall. This home is move-in ready with key updates already taken care of: a brand-new well, a newer roof, and modern appliances and utilities provide peace of mind and added value. Whether you’re seeking a weekend getaway or a year-round home, this cozy cottage has everything you need. The fenced-in yard offers a safe and secure space for children or furry companions to play! Don’t miss this rare opportunity to own a piece of Lake Shafer paradise — schedule your private showing today!

Highlights

Home typeSingle Family Residence
HeatingPropane, Forced Air
StatusActive
CoolingCentral Air
Lot size0.1961 Acres
Year built1930
ParkingDirt
MLS #202521486
WaterfrontLake Front

Virtual tour

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Flooring Type: Laminate
  • Fireplace: None
  • Total Bedroom Count: 2
  • Parking: Dirt
  • Waterfront: Lake Front
  • Exterior: Wood
  • Architectural Style: Cabin/Cottage
  • Heating: Propane, Forced Air
  • Cooling: Central Air
  • List Price: $244,900
  • Price/SqFt: $309
  • Annual Tax Amount: $634
  • Tax Year: 2023
  • Lot: Level, Waterfront, Lake/Pond, Views
  • Directions: GPS friendly.
  • Year Built: 1930
  • Lot Size: 0.1961 Acres
  • MLS Number: 202521486
  • Office Name: REAL ESTATE NETWORK L.L.C
  • Office Phone: (574) 229-0938
  • Listing Agent: Matt Zook

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. ©2011-2025 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: 6/20/2025, 1:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

8020 N W Shafer Dr, Monticello, IN 47960 - dock area featuring a water view and boat lift

$244,900

8020 N W Shafer Dr

$2,908

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$153,300$634
2022$71,200$333
2021$72,400$741
2020$78,700$882
2019$78,700$842
2018$64,200$671
2017$61,000$684

History based on county public records data.

Nearby schools

3

North White Elementary School

Public District KG-5

5.4 mi

304 E Broadway St

5

Meadowlawn Elementary School

Public District KG-5

9.0 mi

715 W Ohio St

7

Oaklawn Elementary School

Public District KG-4

9.1 mi

402 E South St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $44,589. Most Monticello, IN residents have annual incomes between $35k-100k. Most families are married, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

36%
<35k
54%
35k-100k
9%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

32%
Single, No Kids
9%
Single, with Kids
43%
Married, No Kids
16%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
9%
12-17 yrs old
17%
18-34 yrs old
46%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • NASCARNASCAR
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • Wal-MartWal-Mart
  • Bass Pro ShopsBass Pro Shops
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • ApplebeesApplebees

What do the neighbors drive?

  • RamRam
  • GMCGMC
  • ChevroletChevrolet

What do the neighbors listen to?

  • Classic CountryClassic Country
  • New CountryNew Country
  • OldiesOldies
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 8020 N W Shafer Dr

The listing price of 8020 N W Shafer Dr property is $244,900.

The property 8020 N W Shafer Dr is a house located in Monticello, Indiana, 47960.

Active Listing: 8020 N W Shafer Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 8020 N W Shafer Dr are: North White Elementary School (GreatSchools Rating 3/10), Meadowlawn Elementary School (GreatSchools Rating 5/10), Oaklawn Elementary School (GreatSchools Rating 7/10), North White Middle School (GreatSchools Rating 4/10), Roosevelt Middle School (GreatSchools Rating 5/10), West Central Middle School (GreatSchools Rating 7/10), North White High School (GreatSchools Rating 5/10), Twin Lakes Senior High School (GreatSchools Rating 5/10), West Central Senior High School (GreatSchools Rating 7/10).

According to the records, the last property tax for 2023 is $634 (source: MLS/based on county public records data).

The property at 8020 N W Shafer Dr has 2 bedrooms and 1 full and 1 half bathrooms.

The year of construction for 8020 N W Shafer Dr is 1930.

This home is located at 8020 N W Shafer Dr in Monticello, IN and zip code 47960. This home, which was built in 1930, sits on a 0.20 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 6, 2025 and is currently priced at $244,900.

While more than 2 listings in Monticello, IN in May 2025 were sold above asking price, there were more than 1 listings sold at asking price, and more than 15 were sold below. Between April and May 2025, Monticello, IN real estate market has seen increase in the number of listings by 25.3%.

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

More resources