# 5063 NW Shafer Drive, Monticello, IN 47960

> **TL;DR:** 2bd/1ba single family, $199,900 ($543/sqft), built 1940, 368 sqft.
> Waterfront. Est. $866/mo. Listed 372 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $199,900 |
| Price/sqft | $543 |
| Bedrooms | 2 |
| Bathrooms | 1 half |
| Square Feet | 368 |
| Year Built | 1940 |
| Lot Size | 12,415 sqft (0.29 acres) |
| Stories | 1 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 372 |

## Why This Home Stands Out

- **Waterfront** - Direct water access

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $866 |
| **Total** | **$866** |

## Nearby Schools

- **Elementary:** Meadowlawn
- **Middle:** Roosevelt
- **High:** Twin Lakes

## Key Amenities

- Waterfront

## Property Highlights

- Built in 1940
- 0.28 acre lot
- Waterfront

## Description

### Agent Description
BIG PRICE DROP 2 bedroom Main Lake Shafer Cottage with Wide Panoramic Views of Lake. Perfect weekend Getaway or demolish and Build Your Lake Dream Home. wrap around porch lakeside, outbuilding for Storage, older pier at waterfront . Take a nice slow boat ride down to Amusement Park, Golf Course & Restaurants.

## Location

- **Address:** 5063 NW Shafer Drive, Monticello, IN 47960
- **County:** White County
- **Neighborhood:** None
- **Coordinates:** 40.83312139, -86.79009298
- **Google Maps:** https://www.google.com/maps?q=40.83312139,-86.79009298

## Listing Agent

- **Name:** Evan Vogel
- **Brokerage:** VOGEL REAL ESTATE
- **Phone:** 5748080335
- **Email:** evan@vogel-real-estate.com

## Primary Photo

![5063 NW Shafer Drive - Primary Photo](http://lh.rdcpix.com/acec5fdf803179c48036d23e067a8c0fl-f1126419400r.jpg)

*22 total photos available on [listing page](https://www.propertysimple.com/listing/5063-nw-shafer-drive-monticello-in-47960-02511535)*

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**MLS#:** 202511535 | **Updated:** 2026-04-25
**Source:** listhub

*Copyright © 2026 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.*

[View on PropertySimple](https://www.propertysimple.com/listing/5063-nw-shafer-drive-monticello-in-47960-02511535)

---

## Structured Data

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