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5505 N W Shafer Drive
Monticello IN 47960 US

$250,000

Active Listing ID 841021
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2 bed
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1.00 Bath (1 Full)
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Lot: 0.15 Acres
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Single Family Residence

$250,000

Active Listing ID 841021
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5505 N W Shafer Drive Lake Shafer Opportunity - Lake Rights, Dock & Beautiful Views! Enjoy everything Shafer Lake has to offer from this charming 2-bedroom, 1-bath home with lake rights, a boat dock, jet ski dock, and breathtaking water views. Whether you're looking for a weekend getaway, vacation rental, investment property, or year-round residence, this property offers endless potential. The home could use a little TLC, making it the perfect opportunity for buyers looking to add their own updates and personal touches while building equity. Imagine spending your days boating, fishing, jet skiing, or simply relaxing and enjoying the peaceful lake scenery. With lake access already in place and incredible views that are hard to find, this property is a fantastic opportunity to enjoy the Shafer Lake lifestyle at an affordable price. Bring your vision and make this lakeside retreat your own! Features Include: *2 Bedrooms, 1 Bathroom *Lake Rights *Boat Dock *Jet Ski Dock *Beautiful Lake Views *Great Investment Potential *Weekend Getaway or Full-Time Residence *Opportunity to Add Value with Updates Schedule your private showing today and discover the possibilities this Shafer Lake property has to offer!

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Property Features

  • Facts
  • Lot Size: 0.15 Acres
  • Property Type: Residential
  • Property Sub-type: Single Family Residence
  • Features
  • Full Bathrooms: 1
  • Exterior Finish: Balcony
  • Heating Fuels: Natural Gas, Forced Air, Central
  • Additional Features
  • Basement
  • Patio
  • Waterfront

Property

  • propertytype: Residential
  • propertysubtype: Single Family Residence
  • listprice: 250000
  • unparsedaddress: 5505 N W Shafer Drive
  • postalcity: Monticello
  • stateorprovince: IN
  • country: US
  • postalcode: 47960
  • bathroomsfull: 1
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.15
  • lotsizeunits: Acres
  • lotsizearea: 0.15
  • livingarea: 1463
  • livingareaunits: Square Feet
  • latitude: 40.833041
  • longitude: -86.790311
  • listagentfullname: Tracy Wondaal
  • listagentemail: twondaal@gmail.com
  • listagentkey: 3yd-GNIARIN-17715
  • listagentmlsid: 17715
  • listagentpreferredphone: 2194884176
  • listagentofficephone: 2194884176
  • listofficekey: 3yd-GNIARIN-1768
  • listofficemlsid: 1768
  • disclaimer: Copyright © 2026 Greater Northwest Indiana 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.
  • sourcesystemid: GNIARIN
  • yearbuilt: 1950
  • listingcontractdate: 2026-06-20
  • countyorparish: White
  • parcelnumber: 918332000009600013
  • appliances: Gas Range, Refrigerator, Microwave
  • heating: Natural Gas, Forced Air, Central
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • view: Lake, Water
  • waterfrontyn: True
  • franchiseaffiliation: None
  • interiorfeatures: Ceiling Fan(s)
  • exteriorfeatures: Balcony
  • waterfrontfeatures: Lake, Lake Front
  • rooms: Basement, Kitchen, Bathroom 1, Bedroom 1, Game Room, Laundry Room, Bedroom 2
  • patioandporchfeatures: Deck
  • basement: Storage Space, Partially Finished
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -86.79031, 40.833042
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"The Lyons Group Real Estate", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"twondaal@gmail.com", "ListBrokerageCity":"Valparaiso", "ListBrokerageCountry":"US", "ListBrokerageEmail":"jefflyons@gmail.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"The Lyons Group Real Estate", "ListBrokeragePhone":"(219) 218-1181", "ListBrokeragePostalCode":"46385", "ListBrokerageStateOrProvince":"IN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1130 W Lincolnway Suite G3", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"9465 Counselors Row Ste. 200 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"1768", "ListOfficeCity":"Indianapolis", "ListOfficeCountry":"US", "ListOfficeEmail":"in.broker@exprealty.net", "ListOfficePostalCode":"46240", "ListOfficeStateOrProvince":"IN", "ListPriceCurrencyType":"USD", "ListingTitle":"SINGLE_FAMILY - Monticello, IN", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/5505-N-West-Shafer-Dr_Monticello_IN_47960_M45456-35387?f=listhub&s=GNIARIN&m=841021&c=rexren", "MLSModificationTimestamp":"2026-06-23 01:08:14", "Neighborhoods":[], "PostalCode":null, "RoomCount":7, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":1905, "TaxDescription":"OUT NW SW 32-28-03 .15", "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 6/23/2026 1:44:28 AM GMT
Source Updated Date: 6/24/2026 12:56:15 AM GMT

Courtesy of: Tracy Wondaal, eXp Realty, LLC, twondaal@gmail.com

Copyright © 2026 Greater Northwest Indiana 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.