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505 Shafer Drive, 
Monticello, IN 47960

$150,000

2

Beds

1

Bath

825

Sq Ft

Single Family

Virtual Tour

Active

Listed by

Darrin Arvin

Redlow Group

Last updated:

March 3, 2026, 05:50 AM

MLS#

202605908

Source:

Indiana Regional MLS

About This Home

505 Shafer Drive

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.

Home Facts

Single Family

1 Bath

2 Bedrooms

Built in 1955

Price Summary

150,000

$181 per Sq. Ft.

MLS #:

202605908

Last Updated:

March 3, 2026, 05:50 AM

Added:

7 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

825 Sq. Ft.

Structure

Structure

Architectural Style:

One Story

Building Area:

825 Sq. Ft.

Year Built:

1955

Lot

Lot Size (Sq. Ft):

5,184

Finances & Disclosures

Finances

Price:

$150,000

Price per Sq. Ft:

$181 per Sq. Ft.

Source:Indiana Regional MLS
IRMLS information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2026 Indiana Regional MLS LLC.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.