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5175 West Shafer Dr

Monticello, IN 47960

2 bd 1 ba 800 sqft Built 1937 Lot 7,841 sqft single_family
Most recent sale
$100,000
Aug 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 8, 2025 Sold $130,000 Public Record
Feb 6, 2023 Listing removed $179,000 IRMLS
Aug 18, 2022 Listed $179,000 MLS #202234559
Aug 3, 2022 Sold $100,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $119,000 $99,800 $218,800 $2,032
2022 $87,100 $99,800 $186,900 $2,007
2021 $62,800 $99,800 $162,600 $1,799
2020 $56,000 $82,600 $138,600 $1,763
2019 $53,900 $76,300 $130,200 $1,609
2018 $49,800 $76,300 $126,100 $1,527
2017 $49,200 $76,300 $125,500 $1,605
2016 $57,400 $76,300 $133,700 $1,575
2015 $57,400 $76,300 $133,700 $1,668
2014 $57,700 $76,300 $134,000 $1,451
2013 $57,000 $76,300 $133,300 $1,650
2012 $57,200 $85,800 $143,000 $1,821
2011 $52,700 $81,400 $134,100 $1,787
2010 $61,300 $81,400 $142,700 $2,058
2009 $65,300 $92,200 $157,500 $2,026
2008 $49,100 $92,200 $141,300 $2,064

Property facts

Year built
1937
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
800 sqft
Lot size
7,841 sqft
ZIP code
47960
City
Monticello
Street
West Shafer Dr
Coordinates
40.82877, -86.79303

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,200
Gross rental yield
14.40%
Implied cap rate
9.36%
Trend-extrapolated value

Frequently asked questions

When did 5175 West Shafer Dr last sell?
5175 West Shafer Dr most recently sold on Aug 3, 2022 for $100,000.
What is the current tax assessment for 5175 West Shafer Dr?
The most recent total assessment for 5175 West Shafer Dr (year 2024) is $218,800 with $2,032 in property tax.
How does 5175 West Shafer Dr's assessment compare to its last sale price?
The current assessment is 118.8% above the last sale price of $100,000.
When was 5175 West Shafer Dr built?
5175 West Shafer Dr was built in 1937.
How does 5175 West Shafer Dr compare to others on West Shafer Dr?
We track 8 other properties on West Shafer Dr. Browse the list under "Other properties on West Shafer Dr" to compare beds, baths, and sale history.
What are the property facts for 5175 West Shafer Dr?
5175 West Shafer Dr is a 2 bed, 1 bath, 800 sqft, 7,841 sqft lot single_family.
Is 5175 West Shafer Dr a flip candidate?
No — 5175 West Shafer Dr does not appear in our flips dataset.
Is 5175 West Shafer Dr a tax-appeal candidate?
Yes — 5175 West Shafer Dr appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.2%
Implied 1-yr
+0.8%
2026 Q3
$268.5K
2026 Q4
$269K
ZIP 47960 — Median Price History + Forecast

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