4243 N West Shafer
Monticello, IN 47960
- 4 beds
- 3 baths
- 8 sqft
- ~1/2 acre lot
- $159,375 per sqft
- – on site
Welcome to your Lake Shafer dream home— this remarkable 4-bedroom, 3.5-bath home offers the ultimate in lakeside living with breathtaking views from nearly every room. With over 3,800 sq. ft. of beautifully finished space, there’s room for everyone to relax, play, and make memories. The spacious main floor features a luxurious primary suite complete with dual walk-in closets, a spa-inspired tiled shower, double vanity, granite countertops, and a stackable washer/dryer for convenience. The heart of the home is the open-concept kitchen and living area showcasing custom Amish cabinetry, granite countertops, a walk-in pantry, plank hardwood floors, a stone accent wall and soaring Pella windows framing the gorgeous lake views. The main level also includes a ½ bathroom, den with double glass doors and an oversized 2 car attached garage w/ a 50 A Tesla charging station. Upstairs, you’ll find two large bedrooms, a full bath, and an airy loft overlooking both the lake and living area below. The lower level is built for entertaining with 10-ft ceilings, slate flooring, a second kitchen/bar area and family room, a full laundry room, your 4th bedroom and even a rec area with a pool table. Let’s not forget the nicely maintained mechanical and storage rooms equipped with organizers, outside entry, shelving, a work area, all the homes mechanicals, a central vacuum system and an industrial ice machine. Outside, enjoy unforgettable sunrises and picture perfect views from your patio and deck or soak up the sun from your lakefront all-aluminum, maintenance free double boat lift with an upper deck. This home blends comfort, craftsmanship, and lakefront luxury like no other!
Last checked:
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Last updated Apr 28, 2025
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MLS# 202514889 —
The Building
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Year Built:2011
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New Construction:No
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Architecural Style:Craftsman
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Style:Three Story
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Roof Material:Asphalt, Shingle
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Exterior:Stone, Other, Fiber Cement
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Amenities:Attic Storage, Balcony, Bar, Ceiling-9+, Ceiling Fan(s), Ceilings-Vaulted, Central Vacuum System, Closet(s) Walk-in, Countertops-Stone, Deck Open, Deck on Waterfront, Detector-Smoke, Disposal, Dryer Hook Up Gas/Elec, Eat-In Kitchen, Garage Door Opener, Kitchen Island, Landscaped, Open Floor Plan, Pantry-Walk In, Patio Covered, Porch Covered, Six Panel Doors, Twin Sink Vanity, Utility Sink, Kitchenette, Stand Up Shower, Tub/Shower Combination, Main Level Bedroom Suite, Main Floor Laundry, Custom Cabinetry
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Basement:Yes
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Basement/Foundation:Full Basement, Walk-Out Basement, Partially Finished, Outside Entrance
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Total SqFt:4264
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Total Finished SqFt:3833
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Main Level SqFt:1643
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Above Grade Finished SqFt:2621
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Upper Level SqFt:978
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Below Grade Finished SqFt:1212
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Total Below Grade SqFt:1643
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Below Grade Unfinished SqFt:431
Interior
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Kitchen Level:Main
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Living/Great Room Level:Main
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Family Room Level:Lower
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Laundry Level:Lower
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Den Level:Main
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Recreation Room Level:Lower
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Loft Level:Upper
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Flooring:Hardwood Floors, Carpet, Slate
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Fireplace:None
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Fireplace:No
Room Dimensions
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Kitchen Length:26
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Kitchen Width:11
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Living/Great Room Width:16
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Living/Great Room Length:22
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Family Room Length:15
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Family Room Width:18
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Recreation Room Width:14
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Den Length:11
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Den Width:12
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Loft Length:17
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Loft Width:16
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1st Bedroom Length:16
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1st Bedroom Width:14
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2nd Bedroom Length:17
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2nd Bedroom Width:14
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Recreation Room Length:29
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3rd Bedroom Width:11
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3rd Bedroom Length:23
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4th Bedroom Length:10
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4th Bedroom Width:13
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Laundry Room Length:10
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Laundry Room Width:8
Location
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Directions to Property:W Shafer drive North, past the golf course, over the bridge and property is on the right
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Latitude:40.814739
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Longitude:-86.794032
The Property
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Parcel# ID:91-73-05-000-000.600-020
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Property Subtype:Site-Built Home
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Location:Lake, Rural
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Lot Dimensions:75x276
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Lot Description:Level, Waterfront, Lake, Water View, Waterfront-Level Bank
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Approx Lot Size SqFt:20473
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Approx Lot Size Acres:0.47
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Waterfront:Yes
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Water Features:Pier/Dock
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Water Type:Lake
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Water Access:Lakefront
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Water Frontage:75
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Channel/Canal Frontage:75
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Water Name:Lake Shafer
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Lake Type:Ski Lake
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Annual Taxes:7076.48
Beds
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Total # Bedrooms:4
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1st Bedroom Level:Main
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2nd Bedroom Level:Upper
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3rd Bedroom Level:Upper
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4th Bdrm Level:Lower
Baths
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Total Baths:4
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Total Half Baths:1
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Total Full Baths:3
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# of Full Baths Main:1
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# Half Baths Main:1
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# of Full Baths Upper:1
The Listing
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Branded Virtual Tour:https://my.matterport.com/show/?m=JPf4Kf8S87V
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Unbranded Virtual Tour:https://my.matterport.com/show/?m=JPf4Kf8S87V
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Unbranded Virtual Tour 2:https://my.matterport.com/show/?m=JPf4Kf8S87V
Heating & Cooling
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HVAC:Zoned Air Condtioning, Zoned Heating
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Heating Fuel:Gas, Forced Air, Multiple Heating Systems
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Cooling:Central Air, Multiple Cooling Units
Utilities
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Water Utility:Well
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Well Type:Private
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Sewer:Regional
Schools
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Elementary:Meadowlawn
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Middle School:Roosevelt
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High School:Twin Lakes
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School District:Twin Lakes School Corp.
The Community
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Subdivision:None
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Pool:No
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Association Dues Frequency:Not Applicable
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Other Fees $:175
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Other Fee Description:SFLECC
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Other Fees Frequency:Annually
Parking
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Garage:Yes
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Garage Type:Attached
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Garage Length:22
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Garage SqFt:594
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Garage Width:27
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Garage/# of Cars:2
Monthly cost estimate

Asking price
$1,275,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$6,827
|
Taxes | $1,706 |
Insurance | $350 |
Utilities | N/A |
Total | $8,883/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
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4/28/25
Apr 28, 2025
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Listed / Active | IRMLS | $1,275,000 |