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Commercial Land Near Indiana Beach
For Sale
$105,000

W Shafer Drive, Monticello, IN 47960

LOTS AND LAND, Monticello, IN

Property SizeContact for details
Lot Size0.85 Acres
Days on Market134

Property Features for W Shafer Drive

General Information

Property type Land
Property subtype Other
Lot features Level, City
Elementary school Twin Lakes
Middle school Twin Lakes
High school Twin Lakes
Elementary school district Twin Lakes School Corp.
Middle school district Twin Lakes School Corp.
High school district Twin Lakes School Corp.
Directions From US 24, North on Sixth Street, turns into West Shafer Drive, property is on the east side of the road.
Subdivision White County
Standard status Active
APN 91-73-21-000-005.100-020
Lot size 0.85 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description N SW 21-27-03 .847
Tax Annual Amount 40
Legal Description N SW 21-27-03 .847
Listing Agency: REAL ESTATE NETWORK L.L.C
Listed By: Bart Hickman · License #RB14036686
Added: May 26 Changed: Aug 26 Last Checked: Oct 6 at 8:06AM
MLS# 202620053

Copyright © 2026 White County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 0.847-acre commercial land parcel is located on W Shafer Drive in Monticello, Indiana. The property is zoned B-2 and is positioned along the principal route toward Indiana Beach.

The surrounding area includes lake activity, tourism, restaurants, and local businesses. The setting also serves seasonal traffic traveling toward the lakes and Indiana Beach, with access to an established commercial corridor.

Key Highlights

  • 0.847‑acre commercial land parcel
  • B‑2 zoning
  • Located on W Shafer Drive in Monticello, IN 47960

Property Analytics

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Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

80
Businesses Nearby

Demographics for 47960, IN

15,029
Population
9,757
Households
1.5
Avg Household Size
47
Median Age
18%
College-Educated
91%
High-School Grad
118.3 sq mi
ZIP Area
127
Density / Sq Mi
$61,087
Median Household Income
$38,389
Median Earnings
$852
Median Rent
$179,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Located on W Shafer Drive, the parcel carries B-2 zoning.
Where is this commercial land located?
The property is located at W Shafer Drive Monticello, IN.
What is the asking price?
The asking price for this property is $105,000.
What are key features of this property?
This property features: 0.847‑acre commercial land parcel; B‑2 zoning; Located on W Shafer Drive in Monticello, IN 47960
More about this property
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