7332 N East Shafer Drive, Monticello, IN
$ 5,250,000
Property Attributes
  • MLS#202413013
  • TypeSingle Family
  • CountyWHITE
  • CityMonticello
  • AreaLiberty
  • Zip47960
  • Style
  • Year Built1997
  • Taxes$ 1369
  • Price$ 5,250,000
  • Bedrooms7
  • Full Bathrooms7
  • Half Bathrooms1
  • Sqr Footage7611
  • Lot Size160 Acres
Data Source:
Indiana Regional MLS (IRMLS)
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. 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 there is 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. 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, 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 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, 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, 4 built-in sleeping books with lighting, electric and wi-fi, 2 bedrooms, 3 full baths provides ample arrangements for all guests.

Elementary School Middle School High School
Meadowlawn Elementary School Roosevelt Middle School Twin Lakes High School
Price History
4/18/2024 Listed $5,250,000

General Features

Sewer Septic
Heating Gas,Forced Air,Heat Pump
Kitchen Level Main
Cooling Central Air
Laundry Y/N Main
Fireplaces Yes
Water Access Type Lakefront
Garage Attached
Amenities Ceiling Fan(s),Ceilings-Vaulted,Court-Basketball,Court-Volleyball,Deck on Waterfront,Detector-Smoke,Disposal,Guest Quarters,Main Floor Laundry
Status Active
Full Baths 7
Half Baths 1
Bathrooms 8
Year Built 1997
New Construction No
Subdivision None
Style Two Story
Township Liberty
Type Site-Built Home
Age 27
FIPS Code 18181
Associated Document Count 2
Status Active
Auction Y/N No
Common Amenities Dock,Horse Facilities
Dining Room Level Main
Annual Taxes 1369
Area White County
Location Lake
High School Twin Lakes
City Monticello
School District Twin Lakes School Corp.
Assoc. Dues Frequency Not Applicable
Architctural Style Other
Total Sq Ft 7611
Street Name East Shafer
Elementary School Meadowlawn
Middle School Roosevelt
Legal Description 21-28-3 Out E/S Sw 4.648 Out W Se 59.437 W/S E 26.32 618
Virtual Tour
Agent First Name Laura
Agent Last Name Topp
DOM 32
Tax Year 2023

Interior Features

Basement Finished
Fireplace(s) 2
Flooring Hardwood Floors,Stone
Other Room 1 Level Main
Kitchen Length 31
Laundry Room Width 14
Laundry Room Length 11
Kitchen Width 21
Beds 7
Total Rooms 14
Dining Room Length 17
Dining Room Width 21
Fireplace Family Rm,Living/Great Rm,Wood Burning,Gas Starter
Family Room Width 15
Living Room Width 23
Other Room 1 Description 2nd Kitchen
Family Room Length 17
Living Room Length 27
Full Baths Main 4
Full Baths Upper 3
Total Finished SqFt 7611
Basement Y/N Yes
Other Room 1 Length 10
Other Room 1 Width 12
Above Grade Bedrooms 6
Below Grade Bedrooms 1
Half Baths Main 1
1st Bedroom Level Main
1st Bedroom Width 32
2nd Bedroom Length 15
2nd Bedroom Level Upper
2nd Bedroom Width 20
3rd Bedroom Length 15
3rd Bedroom Level Upper
3rd Bedroom Width 20
4th Bedroom Length 24
4th Bedroom Level Upper
4th Bedroom Width 22
5th Bedroom Length 11
5th Bedroom Level Main
5th Bedroom Width 14
Above Grade Finished SqFt 6882
Below Grade Finished SqFt 729
Extra Room Description 6th Bedroom
Extra Room Length 19
Extra Room Level Upper
Extra Room Width 23
Living/Great Rm Level Main
Main Level SqFt 4799
Basement Material Poured Concrete

Exterior Features

Exterior Wood
Water Frontage 100
Driveway Asphalt
Pool No
Waterfront Lake
Garage Length 39
Garage Width 57
Lot Size Area 6969600
Lot Dimensions 160
Lot Description Partially Wooded,Waterfront,15+,Lake,Pasture
Garage SqFt 2223
Water Features Pier/Dock
Well Type Private
Water Name Lake Shafer
Approx. Lot Size Acres 160
Garage Capacity 4
Lake Other
Waterfront Y/N Yes
Garage Y/N Yes


  • Views
  • 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

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. IDX information is provided by the Indiana Regional MLS. Information last updated on May 22, 2024 5:45 AM UTC

Property vs Single Family Average in 47960

AVG $490K
AVG $1,718
AVG 92
Data Provided by Inside Real Estate®
Year Built
AVG 1970

Areas We Cover