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About This Home

This 4-bedroom, 2-bathroom single family at 5547 N West Shafer Drive in Monticello, IN is listed for $589,900 ($217 per sqft). Built in 1960, the home offers 2,714 sqft of living space on a 0.28 acres lot.

Agent Description

Don’t miss this beautifully renovated Lake Shafer property offering an incredible lakeside lifestyle! This ranch style home on a walk-out basement features 3-4 bedrooms and 2,714 sq ft of finished living space, perfectly situated on 70 feet of prime Lake Shafer frontage.

The waterfront is ideal for recreation and relaxation, with a swim deck, temporary boat lift and a double covered permanent electric boat lift, making it easy to enjoy boating and water sports. Inside, you’ll find a completely updated interior designed to maximize comfort and showcase the stunning lake views.

The main level features an updated kitchen with modern finishes, while the walk-out lower level offers a second full kitchen—perfect for entertaining guests or accommodating multi-generational living. Expansive windows throughout the home fill the space with natural light and capture breathtaking lake views from nearly every room.

The sunroom is a standout space, highlighted by a wall of windows overlooking the water, along with a bar area for entertaining. The walk-out lower level provides seamless indoor-outdoor living and easy access to the lakefront. Additional features include a 24x24 two-car garage, offering ample storage, plus plenty of additional parking for guests.

The property can also be sold as a turn-key opportunity — simply move in and start enjoying lake life immediately! Located on the main part of Lake Shafer, this is an excellent location for boating, swimming, and soaking in everything the lake lifestyle has to offer. Whether you’re seeking a full-time residence, vacation home, or investment property, this one checks all the boxes!

Key Features

  • Built in 1960
  • 0.28 acre lot
  • Fireplace
  • Waterfront

Property Details

1 story
2 full
1960

Amenities

FireplaceWaterfrontBasement

Monthly Cost Estimate

$3,155/mo

20% down · 6.5% · 30 years

Principal$427
Interest$2,556
Insurance$172

Estimates only. Actual payments may vary.

Location

5547 N West Shafer Drive

Monticello, IN 47960

Amos Oak Crest

Features & Amenities

Interior Features

BarBreakfast BarCeiling Fan(s)Deck On WaterfrontEat-in KitchenFirepitGarage Door OpenerOpen Floor PlanPatio CoveredPatio OpenPorch EnclosedTwin Sink VanityDishwasherRefrigeratorBoat Lift-coveredBoat Lift-permanentBoat Lift-temporaryRange-gasWater Softener-owned

Exterior Features

Shed

Property Details

Construction

Brick

Parking

GarageGarage - Detached

Heating

Fireplace(s)Forced AirNatural Gas

Cooling

Central Air

Appliances

DryerOven - Gas

Questions & Answers

This 4-bedroom, 2-bathroom single family at 5547 N West Shafer Drive is listed at $589,900 ($217/sqft). The estimated monthly payment is $2,556 based on 20% down at 6.5% interest.

Key features include: Built in 1960, 0.28 acre lot, Fireplace, Waterfront. Interior Features: Bar, Breakfast Bar, Ceiling Fan(s). Exterior Features: Shed.

This property is listed by Bart Hickman and can be reached at 5748704269 or Bart@Homes-By-Network.com.

BH

Bart Hickman

Agent at REAL ESTATE NETWORK L.L.C

(574) 870-4269

Listed by REAL ESTATE NETWORK L.L.C · View on Broker Site

MLS# 202615526· Source: listhub· Updated 33 days ago

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.

5547 N West Shafer Drive, Monticello, IN 47960

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