Waterfront - Primary on Main
Address
7332 NE Shafer Road, Monticello, IN
Price
$ 5,250,000
Property Attributes
  • MLS#12009621
  • TypeSingle Family
  • CountyLAKE
  • CityMonticello
  • AreaIndiana and East
  • Zip47960
  • Style
  • Year Built1997
  • Taxes$ 19564
  • Price$ 5,250,000
  • Bedrooms6
  • Full Bathrooms7
  • Half Bathrooms1
  • Lot Size160 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

This private oasis is a self-sustained retreat with 3000 linear feet of waterfront property sitting on 160 private acres on Lake Shafer, forest, trails, ponds and even farmland. Everything your heart desires and so much more. For those water enthusiasts you will find two boat houses each equipped with automatic boat lifts which accommodate pontoon boats, jet boats, jet skis and paddle boats. On the water you will also find a sizable pier, sandy beach, beach volleyball court and fire pit. In one boat house you will find a party room, fully functioning kitchen, powder room, a wrap-around partially covered deck that overlooks the water and a BBQ area equipped with gas grills and picnic benches. The New England style main house greets you with an enormous wrap-around porch that overlooks the lake. Perfect for dinner after a fun day on the water. This home was built for comfort and entertaining with 3 bedrooms and sleeping nooks which can easily sleep 12, 4 full baths, one powder room, laundry room, a cathedral ceiling great room, formal dining room, full functioning kitchen with coffee bar plus 2 stone fireplaces and a sizable comfy loft. The stunning guest house has 3 bedrooms, can easily sleep 11, 3 full baths, a great room, full kitchen plus dining area, fantastic family room that leads to the deck with a hot tub, plus an outdoor shower. Want to play a game of basketball, enjoy the full-sized outdoor basketball court. The kids can romp around on the jungle gym for hours. The impressive barn has six stalls and can house horses, goats and cows easily. The barn has a full bath on the main level, a guest suite in the silo/turret with a living room, kitchenette, bedroom and full bath. Upstairs there is an indoor half-court basketball court and full workout area. There are fenced in horse pastures surrounded the barn and land as well. The fishing hut sleeps 4 with a kitchenette, full bath and covered deck overlooking the bass stocked aerated pond. Of course you need a place for the toys, the oversized, newly built shed with heating and cooling can hold those 3 wheelers, motor bikes, snowmobiles, store the boats and collector cars. The newly renovated carriage house is a site to be seen. Set on the South edge of the property next to the forest and on the bayou, this home overlooks the lake and the bayou with direct access to the water from the tiered cement break wall. This home is an entertainer's dream with sliding door entrances to patios, a fenced in yard. Gorgeous chefs' kitchen, formal and informal dining areas, al fresco dining space outside, a massive great room with cathedral ceilings, 4 built-in sleeping books with lighting, electric and wi-fi, 2 bedrooms, 3 full baths provides ample arrangements for all guests. This is all set just outside of the quaint little town of Monticello where you will also find Indiana Beach and the amusement park.

Elementary School Middle School High School
Twin Lakes Elementary School Roosevelt Middle School Twin Lakes High School
Price History
4/15/2024 Listed $5,250,000

General Features

Interior Features Vaulted/Cathedral Ceilings,Hardwood Floors,First Floor Bedroom,First Floor Laundry,First Floor Full Bath,Walk-In Closet(s)
Sewer Septic-Private
Heating Natural Gas
Cooling Central Air
Possession Closing
Roof Shake
Exterior Features Deck,Patio,Porch,Hot Tub,Brick Paver Patio,Boat Slip,Storms/Screens,Outdoor Grill,Fire Pit,Box Stalls
Garage Spaces 7
Association Fee Includes None
Architectural Style Other
Year Built 1997
Township Liberty
Tax Year 2022
Percent Ownership Fee Simple
Community Features Horse-Riding Area,Lake,Dock,Water Rights,Gated
Assoc Fee Paid Per Not Applicable
County Lake
New Construction No
Property Type Residential
Other Structures Barn(s),Guest House,Poultry Coop,RV/Boat Storage,Second Residence,Shed(s),Stable(s),Boat Dock,Boat House,Cabana,Corral(s),Outdoor Riding Ring,Storage,Utility Building(s)
Total Rooms 11
Status Active
Directions Private Drive off of Shafer Dr
High School Twin Lakes
City Monticello
MLS Area Indiana and East
Waterfront Y/N Yes
Street Name Shafer
Elementary School Twin Lakes
Tax Annual Amount 19564.58
Middle/Junior High School Roosevelt
Additional Parcels Y/N Yes
Virtual Tour https://www.youtube.com/watch?v=xnX7ZDIqDVI
Days on Market 6
Standard Status Active
Middle/Junior School District OAKLA
Property Type Detached Single

Interior Features

Basement Partial
Total Fireplaces 2
Fireplace Features Wood Burning,Gas Starter
Full Baths 7
Half Baths 1
Street Suffix Road
Laundry Features In Unit,Multiple Locations,Sink
Total Bedrooms 6
Room Type Bedroom 5,Kitchen,Bedroom 6
LivingAreaSource Not Reported
Total Baths 8
Bedrooms Possible 6
Basement Finished
Bathrooom Whirlpool,Separate Shower,Double Sink,Soaking Tub

Exterior Features

Parking Features Driveway
Lot Features Beach,Fenced Yard,Horses Allowed,Lake Front,Landscaped,Paddock,Pond(s),River Front,Water View,Wooded,Mature Trees,Dock,Garden,Lake Access,Outdoor Lighting,Pasture,Views,Waterfront,Wood Fence
Water Source Private Well
Total Parking 19
Lot Dimensions 160
Lot Size Acres 160
Other Equipment Security System,Ceiling Fan(s),Multiple Water Heaters
Garage Onsite Yes
Garage Type Detached
Garage Ownership Owned
Exterior Wood Siding

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 47960

Price
AVG $490K
$5.25M
Taxes
AVG $1,724
$19,564
Visits
AVG 95
149
Data Provided by Inside Real Estate®
Year Built
AVG 1969
1997

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