505 Shafer Drive Monticello, IN ^$ 150,000

505 Shafer Drive

^$ 150,000

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Recently Listed

505 Shafer Drive

Monticello, IN, 47960

^$ 150,000

Bedrooms2 Baths1.0 Sq 825

Monthly Estimate*

^$ 924

505 Shafer Drive, Monticello, IN 47960 - Image 1

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505 Shafer Drive, Monticello, IN 47960 - Image 3

505 Shafer Drive, Monticello, IN 47960 - Image 4

505 Shafer Drive, Monticello, IN 47960 - Image 5

505 Shafer Drive, Monticello, IN 47960 - Image 6

505 Shafer Drive, Monticello, IN 47960 - Image 7

505 Shafer Drive, Monticello, IN 47960 - Image 8

505 Shafer Drive, Monticello, IN 47960 - Image 9

505 Shafer Drive, Monticello, IN 47960 - Image 10

505 Shafer Drive, Monticello, IN 47960 - Image 11

505 Shafer Drive, Monticello, IN 47960 - Image 12

505 Shafer Drive, Monticello, IN 47960 - Image 13

505 Shafer Drive, Monticello, IN 47960 - Image 14

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Single Family Home for sale in Monticello, IN

for $150,000 with 2 bedrooms and 1 full bath. This 825 square foot home was built in 1955 on a lot size of 0.119.

Welcome home to this cozy and affordable 2-bedroom, 1-bath property in Monticello! Featuring a fenced-in backyard with a handy storage shed for added space, this home offers comfort and practicality. Youll appreciate the new furnace and water heater installed just two months ago big-ticket items already done for you! Conveniently located near shopping, dining, and community schools, everything you need is just minutes away. Whether you're starting out, downsizing, or looking for an investment opportunity, this home checks the boxes.

Single Family Active

Price

^$ 150,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 674

Style

Site-Built Home

Lot Size

0.119

Year Built

1955

Town/City

Monticello

County/Region

White

MLS | Web ID

202605908

Features

General

Sewer City

Heating Gas Forced Air

Kitchen Level Main

Cooling Central Air

Laundry Y/N Main

Fireplaces No

Amenities Deck Open Porch Covered

Status Active Active

Full Baths 1

Half Baths 0

Bathrooms 1

Year Built 1955

New Construction No

Subdivision Lake Manor

Style One Story

Township Union

Class RESIDENTIAL

Type Site-Built Home

Age 71

REO No

Status Detail 0

Area White County

Location Rural

High School Twin Lakes

City Monticello

School District Twin Lakes School Corp.

Total Sq Ft 825

Elementary School Meadowlawn

Middle School Roosevelt

Legal Description LAKE MANOR ADD LOT 46

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202605908

Agent First Name Darrin

Agent Last Name Arvin

DOM 0

Tax Year 2025

Interior

Basement Crawl

Flooring Vinyl

Beds 2

Total Rooms 4

Fireplace None

Living Room Width 12

Living Room Length 20

Full Baths Main 1

Full Baths Upper 0

Above Grade Bedrooms 2

Below Grade Baths 0

Below Grade Bedrooms 0

Full Baths Below Grade 0

Half Baths Below Grade 0

Half Baths Main 0

Half Baths Upper 0

1st Bedroom Level Main

1st Bedroom Width 12

2nd Bedroom Length 12

2nd Bedroom Level Main

2nd Bedroom Width 9

Exterior

Exterior Vinyl

Pool No

Lot Size Area 5184

Lot Dimensions 52X100

Lot Description Level

Fence Privacy

Water Features None

Waterfront Y/N No

* Excluded Features

List By

Darrin Arvin

Listing Agent

Redlow Group

Broker

darrin@redlowgroup.com

Affordability Calculator

$980

Per Month

Monthly Principal & Interest: $924
Monthly Property Taxes: $56
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in Monticello, IN

Average List Price ^$361,263

Percent of Sale Price 141%

About Monticello, IN

5,515 Population

-4% Since 2002

^$40,981 Median Income

40.82 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1235872 Elementary School

1235893 Middle School

Twin Lakes High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/25/2026	$150,000		Listed Price

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505 Shafer Drive, Monticello, IN, 47960 is a Single Family Home for sale at $150,000 with 825 sqft and a lot size of 0.119. 505 Shafer Drive has 2 bedrooms, 1.0 baths, and was built in 1955. The property's zip code is 47960 which is in Monticello, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Multiple Listing Service of the Indiana Regional Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Indiana Regional Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is 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 updated as of 2/25/2026.

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505 Shafer Drive

Single Family Home for sale in Monticello, IN

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