About This Home

This 4-bedroom, 2-bathroom single family at 4024 N W Shafer Drive in Monticello, IN is listed for $389,900 ($197 per sqft). Built in 1958, the home offers 1,984 sqft of living space on a 0.51 acres lot.

Key Features

  • Built in 1958
  • 0.51 acre lot
  • Fireplace
  • Waterfront

Property Details

1 story
2 full
2-car garage
1958

Amenities

FireplaceWaterfrontHardwoodA/C
Listing Description

Discover the best of Lake Shafer living in this spacious 1984 sq ft brick walkout ranch offering an impressive 160' of frontage on peaceful Hoagland Bay, along with panoramic views of the main lake. This 4 bed, 2 bath home features an eat-in kitchen on the main level and a convenient kitchenette in the lower level family room, making it ideal for entertaining or extended stays.

The walkout basement offers an optional third garage bay that could also serve as a workshop, hobby space, or additional storage. With tons of storage throughout, there's plenty of room for all your lake gear and everyday essentials. Outside, enjoy the calm bay from your concrete dock and wood pier, perfect for boating, fishing, swimming, or simply relaxing by the water.

The protected Hoagland Bay setting provides calmer waterfront while still giving you beautiful, wide open views of Lake Shafer. A unique combination of space, waterfront, and views makes this a fantastic opportunity to enjoy lake life!

Monthly Cost Estimate

$2,085/mo

20% down · 6.5% · 30 years

Principal$282
Interest$1,690
Insurance$114

Estimates only. Actual payments may vary.

Location

4024 N W Shafer Drive

Monticello, IN 47960

Coxs Beechwood

Property Details

Flooring

VinylHardwoodCarpet

Cooling

Central Air

Questions & Answers

This 4-bedroom, 2-bathroom single family at 4024 N W Shafer Drive is listed at $389,900 ($197/sqft). The estimated monthly payment is $2,086 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1958, 0.51 acre lot, Fireplace, Waterfront.

This property is listed by Nathan Walts.

NW

Nathan Walts

Agent at Real Estate Network

Listed by Real Estate Network · Broker phone: (574) 583-8181 · Broker website

MLS# 202639911· Source: White County Association of Realtors· 37 days on PropertySimple

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.

4024 N W Shafer Drive, Monticello, IN 47960

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