505 Shafer Dr
Monticello, IN 47960
2 bd 1 ba 825 sqft Built 1955 Lot 5,184 sqft single_family
Most recent sale
$138,375
Sep 27, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 27, 2022 | Sold | $138,375 | Public Record |
| Aug 26, 2022 | Listed | $119,900 | MLS #202235698 |
| Jun 21, 2017 | Price changed | $59,800 | MLS #201644805 |
| Apr 6, 2017 | Listed | $61,900 | MLS #201644805 |
| Apr 1, 2017 | Relisted | $61,900 | MLS #201644805 |
| Sep 27, 2016 | Listed | $61,900 | MLS #201644805 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $89,900 | $7,600 | $97,500 | $674 |
| 2022 | $64,500 | $7,600 | $72,100 | $356 |
| 2021 | $48,700 | $7,600 | $56,300 | $1,126 |
| 2020 | $42,300 | $7,600 | $49,900 | $999 |
| 2019 | $40,800 | $7,600 | $48,400 | $969 |
| 2018 | $40,800 | $7,600 | $48,400 | $968 |
| 2017 | $38,300 | $7,600 | $45,900 | $918 |
| 2016 | $38,300 | $7,600 | $45,900 | $918 |
| 2015 | $38,300 | $7,600 | $45,900 | $918 |
| 2014 | $38,500 | $7,600 | $46,100 | $922 |
| 2013 | $42,300 | $7,600 | $49,900 | $1,221 |
| 2012 | $42,100 | $7,600 | $49,700 | $1,104 |
| 2011 | $32,100 | $10,400 | $42,500 | $929 |
| 2010 | $29,900 | $10,400 | $40,300 | $940 |
| 2009 | $36,600 | $15,100 | $51,700 | $253 |
| 2008 | $36,600 | $15,100 | $51,700 | $233 |
Property facts
Year built
1955
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
825 sqft
Lot size
5,184 sqft
ZIP code
47960
City
Monticello
Street
Shafer Dr
Coordinates
40.73987, -86.76890
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,238
Gross rental yield
10.74%
Implied cap rate
6.98%
Trend-extrapolated value
—
Frequently asked questions
When did 505 Shafer Dr last sell?
505 Shafer Dr most recently sold on Sep 27, 2022 for $138,375.
What is the current tax assessment for 505 Shafer Dr?
The most recent total assessment for 505 Shafer Dr (year 2024) is $97,500 with $674 in property tax.
How does 505 Shafer Dr's assessment compare to its last sale price?
The current assessment is 29.5% below the last sale price of $138,375.
When was 505 Shafer Dr built?
505 Shafer Dr was built in 1955.
How does 505 Shafer Dr compare to others on Shafer Dr?
We track 8 other properties on Shafer Dr. Browse the list under "Other properties on Shafer Dr" to compare beds, baths, and sale history.
What are the property facts for 505 Shafer Dr?
505 Shafer Dr is a 2 bed, 1 bath, 825 sqft, 5,184 sqft lot single_family.
Is 505 Shafer Dr a flip candidate?
No — 505 Shafer Dr does not appear in our flips dataset.
Is 505 Shafer Dr a tax-appeal candidate?
No — 505 Shafer Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.2%
Implied 1-yr
+0.8%
2026 Q3
$268.5K
2026 Q4
$269K
ZIP 47960 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Shafer Dr