$145,000

505 Shafer Drive, Monticello, IN 47960

2 beds |
1 bath |
825 sqft

Single-Family Home
Built in 1955
5,184sqft lot
—— car garage
$176/sqft
Listed 1 month ago

Property Description

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. You’ll 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.

Listing Status:: Active
Date Added:: February 25, 2026
Data Last Updated:: April 5, 2026 at 7:57AM
Listing Office:: Redlow Group : 765-490-5926
Listing Agent:: Darrin Arvin : 574-870-2600
MLS ID:: 202605908

Basement: Crawl
Flooring: Vinyl
A/C: Central Air
Heating: Forced AirGas
Fireplace: None

General: Vinyl
Style: One Story

Roofing: Shingle

School District: Twin Lakes School Corp.

Zoning: LAKE MANOR ADD LOT 4691-73-33-000-092.600-021
Fencing: Privacy

Water: City
Sewer: City

This listing courtesy of Darrin Arvin , Redlow Group

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Meadowlawn Elementary School

715 W Ohio St, Monticello, IN, 47960

Grades KG-5

0.15 miles away

Roosevelt Middle School

721 W Broadway St, Monticello, IN, 47960

Grades 6-8

0.32 miles away

Twin Lakes Senior High School

300 S 3rd St, Monticello, IN, 47960

Grades 9-12

0.15 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.