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Off market
  • $477,300

    5271 Norway Rd, Monticello, IN 47960

    11beds
    0baths
    14.8Acres
    Residential Land
    Built in 1900
    14.8 Acres Lot
    $-- Zestimate®
    $34/sqft
    $1,179 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,179/mo

    Zestimate® history
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    Owner options

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    $1,179/mo

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    $1,179/mo

    Rent Zestimate®

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    $2,769/mo

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    $2,769/mo

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    What's special

    Prime development acreage located on beautiful Lake Shafer! A total of 14.8 acres that includes 690 feet of prime lake frontage. A perfect location that sets across the lake from the popular Indiana Beach amusement park and just across the road is a golf course. This location allows for ample opportunities for multiple types of developments. One of the few remaining parcels of land untouched on main Lake Shafer. This location has what it takes to develop a profitable commercial enterprise.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 0
    Heating
    • Other, Electric
    Appliances
    • Included: Washer
    Features
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 14,000 sqft

    Property

    Parking
    • Parking features: Garage - Attached, Garage - Detached, Off-street
    Features
    • Waterfront features: Waterfront, Lake Front
    • Body of water: Lake Shafer
    Lot
    • Size: 14.80 Acres
    • Features: Lake
    Details
    • Parcel number: 917316000030502020
    • Wooded area: 0

    Utilities & green energy

    • Utilities for property: Electricity Not Available

    Community & neighborhood

    Location
    • Region: Monticello

    Other

    Other facts
    • RoadSurfaceType: Paved
    • WaterfrontFeatures: Waterfront, Lake Front
    • Utilities: Electricity Not Available
    • WaterfrontYN: true
    • MainLevelBathrooms: 0
    • FarmLandAreaUnits: Square Feet
    • RoadFrontageType: City Street
    • CurrentUse: Commercial, Recreational
    • CommunityFeatures: Lake
    • LotFeatures: Lake
    • PastureArea: 0
    • CultivatedArea: 0
    • WoodedArea: 0
    • PropertySubType: Residential Land
    • WaterBodyName: Lake Shafer
    • MlsStatus: Active
    • Road surface type: Paved

    Price history

    DateEventPrice
    3/17/2020Listing removed$989,900$71/sqft
    Source: REAL ESTATE NETWORK L.L.C #201948337 Report a problem
    11/4/2019Listed for sale$989,900-26.7%$71/sqft
    Source: REAL ESTATE NETWORK L.L.C #201948337 Report a problem
    10/24/2015Listing removed$1,350,000$96/sqft
    Source: Visual Tour #201531430 Report a problem
    7/4/2015Listed for sale$1,350,000+12.5%$96/sqft
    Source: Visual Tour #201531430 Report a problem
    7/10/2014Listing removed$1,200,000$86/sqft
    Source: Keller Williams Signature Partners Report a problem
    7/2/2014Listed for sale$1,200,000$86/sqft
    Source: Keller Williams Signature Partners Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,804 +5.6%$477,300
    2024$5,499 -0.8%$477,300
    2023$5,541 -2.3%$477,300
    2022$5,671 -1.1%$477,300
    2021$5,731 +4.2%$477,300
    2020$5,501 +1.4%$477,300
    2019$5,425 -15.9%$477,300 -21.4%
    2018$6,452 $606,900 +0.2%
    2017$6,452 +1.5%$605,600
    2016$6,357 -10.8%$605,600 -50.9%
    2014$7,129 -47.4%$1,233,000 +0.2%
    2013$13,553 +3.9%$1,230,900 +0.8%
    2012$13,044 $1,221,000

    Find assessor info on the county website

    Neighborhood: 47960

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Meadowlawn
    • Middle: Roosevelt
    • High: Twin Lakes
    • District: Twin Lakes School Corp.

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.