Property Listing No Longer Available for Sale

4599 NW Shafer Drive, Monticello, IN

Others for Sale - $899,000 - 9,800 Sq. Ft. on 23.8 acres


Property Info

CIMLS#981519
Location
  4599 NW Shafer Drive
  Monticello IN 47960
UpdatedMay 18th, 2019
TypeOthers
Price$899,000
Building9,800 Sq. Ft.
Land23.8 acres

Property Description

SHAFER LAKE 207' of lake front with Boat Ramp and Docks, 4 Bedroom Home. Also included is a 17 Pad Mobile Home Park w 15 pads occupied. A second home w a 5,000 sf shop and land zoned for Duplex's Town Homes and more. This is a great property for Re Development or Church Retreat, Campground, 55 & up community, Gated Community, Estate living and or Commercial purposes. You can do it all here. Perfect property for 1031 exchange / rental income offsets all expense. Currently Income is $64,716.00 per yr. 100 Miles to Chicago & 95 Miles to Indianapolis. Can divide:( House 100' water front $450,000) Mobile Home Park and 100' water front $450,000) (House W Shop & acreage NO Water Front $199,900.00)


Financials


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