Commercial Land Zoned
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 Market89
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
(574) 583-8181
Listed By:
Bart Hickman
(574) 870-4269
Added: May 26
Changed: Aug 19
Last Checked: Aug 22 at 5:06AM
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 commercial land parcel (.847-acre) is located on W Shafer Drive in Monticello, IN 47960 within White County. The property is positioned for high exposure on a busy roadway described as the main route leading to Indiana Beach, with excellent visibility and high traffic counts.
The site is surrounded by lake activity and tourism, along with nearby restaurants and local businesses, supporting a range of commercial development concepts. The parcel is zoned B-2, providing a commercial framework for prospective retail, office, and service-based uses.
For developers and investors seeking a site with strong seasonal and local traffic drivers, this property’s accessibility and exposure along W Shafer Drive are central considerations.
The site is surrounded by lake activity and tourism, along with nearby restaurants and local businesses, supporting a range of commercial development concepts. The parcel is zoned B-2, providing a commercial framework for prospective retail, office, and service-based uses.
For developers and investors seeking a site with strong seasonal and local traffic drivers, this property’s accessibility and exposure along W Shafer Drive are central considerations.
Key Highlights
- .847‑acre commercial land parcel
- Zoned B‑2
- Frontage on West Shafer Drive described as a main route to Indiana Beach
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
80
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Commercial land parcel zoned B-2 with strong visibility on West Shafer Drive toward Indiana Beach.
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: .847‑acre commercial land parcel; Zoned B‑2; Frontage on West Shafer Drive described as a main route to Indiana Beach
