12

Monticello, IN Homes for Sale under $500,000

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  • /28

    $495,000

    • 4 Beds
    • 4 Baths
    • 2,092 Sq Ft

    725 Bluewater Dr, Monticello, IN 47960

    Riverfront living with quick boat access to Lake Freeman! This versatile property features a spacious 3-bedroom home, a detached Party Barn rec room, and a private guest suite off the back of the garage. The main home offers over 2,000 square feet of living space with an open-concept layout. Highlights include a large family room, dining area, and kitchen on the main level, with a primary suite,

    Agent Photo

    Cathy Russell

    @properties

    (574) 933-6773

    725 Bluewater Dr, Monticello, IN 47960
  • /33

    $457,500

    • 4 Beds
    • 3 Baths
    • 3,542 Sq Ft

    1190 Hinterland Ct, Monticello, IN 47960

    Welcome to 1190 N Hinterland Court! This expansive home offers over 3,500 finished square feet of living space designed to fit every lifestyle need. Nestled in a wonderful community just outside of Monticello, IN, the location is unmatched- only steps away from the Tippecanoe River and just minutes from Lake Shafer, home of the ever-popular Indiana Beach! Step through the front door into a

    Agent Photo

    Keasha Fromme

    Carpenter Realty LLC

    (574) 701-3811

    1190 Hinterland Ct, Monticello, IN 47960
  • /35

    $449,900

    • 3 Beds
    • 3 Baths
    • 3,428 Sq Ft

    3222 Indiana 39, Monticello, IN 47960

    HE SHED-SHE SHED with a GREAT HOUSE on a 3 ACRE SPREAD! Fantastic space can be found every place you look on this country estate: The 3400+ sf 3 bed/3 bath home offers a beautifully remodeled kitchen, dining room, main level master bed/bath, XL living rm., guest bath, office/work station, & all purpose utility room w/fridge & oven for party prep. Upstairs a 2nd full guest bath, a 28 x 18 bedroom

    Sean Dekker REAL ESTATE NETWORK L.L.C

    3222 Indiana 39, Monticello, IN 47960
  • /36

    $425,000

    • 3 Beds
    • 2 Baths
    • 2,516 Sq Ft

    10502 N Corley Dr, Monticello, IN 47960

    PARTY ON DECK, LAKE FUN UP TO BAT! Swing into Summer with this spacious lake home which has been well-cared for and can accommodate large gatherings, both inside & out. The roomy main level living space offers lake views from inside w/access to the 100' long lake-view balcony, while the equally generous walk-out lower level gives way to the 1200 SF multi-tiered lake-side deck. Full baths on each

    Sean Dekker REAL ESTATE NETWORK L.L.C

    10502 N Corley Dr, Monticello, IN 47960
  • /32

    $449,000

    • 4 Beds
    • 4.5 Baths
    • 2,848 Sq Ft

    5785 E Golden Hills Dr, Monticello, IN 47960

    Once in a lifetime opportunity: 5785 Golden Hills, your Lake Freeman entertainment oasis and peaceful retreat bundled as one. Single family owned for decades. Meticulously maintained and in pristine condition, this property boasts too many features to list. Sitting within this spacious parcel, you'll find a 1656 SqFt main house, 880 SqFt duplex, 312 SqFt pool house, and 30x38 garage. Overlooking

    Cody Miller Raeco Realty

    5785 E Golden Hills Dr, Monticello, IN 47960
  • /25

    $485,000

    • Land
    • 9.43 Acres
    • $51,432 per Acre

    0 N East Shafer Dr, Monticello, IN 47960

    Welcome to this rare property on Lake Shafer. This property boasts over 9 acres and 1,200 feet of waterfrontage. Whether you are looking for a place to create a private retreat, build your dream home, or maybe develop, this stunning property has endless possibilities. Recently added to the property is a wood fence located along NE Shafer Drive. Enjoy all that this property has to offer on

    Triva Woodley VOGEL REAL ESTATE

    0 N East Shafer Dr, Monticello, IN 47960
  • /34

    $499,900

    • 4 Beds
    • 3 Baths
    • 3,320 Sq Ft

    5174 Highland Cove Ct, Monticello, IN 47960

    Welcome to lake life in Monticello! This 4-bed, 3-bath home on Lake Shafer offers over 3,200 sq ft of space designed for gathering, relaxing, and making memories. Open living areas flow easily for game nights, holidays, and summer get-togethers, while multiple bedrooms give everyone room to unwind. Spend your days on the water and evenings in the screened in patio, then head out for rides,

    Anthony Cohen Summerland Realty Group, LLC

    5174 Highland Cove Ct, Monticello, IN 47960
  • /26

    $474,900

    • 4 Beds
    • 3 Baths
    • 2,106 Sq Ft

    5182 Highland Cove Ct, Monticello, IN 47960

    Lake life meets classic summer fun at this 4-bed, 3-bath, two-story lakefront home on Lake Shafer! Located just a short walk from the rides, boardwalk vibes, and fireworks of Indiana Beach Amusement Park. With spacious living areas and lake views, this home is built for hosting friends, family, and unforgettable weekends. It’s priced to sell and ready for a fresh look—bring your vision to add

    Anthony Cohen Summerland Realty Group, LLC

    5182 Highland Cove Ct, Monticello, IN 47960
  • /27

    $450,000

    • 3 Beds
    • 2 Baths
    • 1,765 Sq Ft

    5008 E Shady Point Dr, Monticello, IN 47960

    With the New Year comes a brand new opportunity to be a lakefront home owner! Welcome to this 3 bedroom, 2 bath home situated on nearly three quarters of an acre, with plenty of yard, and home space, for the entire family to enjoy both the coming warmth, and the lingering cold. This home features recently renovated flooring, four total garages that could be used for storage or even making a

    Alexander Oliver Redlow Group

    5008 E Shady Point Dr, Monticello, IN 47960
  • /32

    $469,900

    • 4 Beds
    • 2 Baths
    • 1,982 Sq Ft

    11044 N Landing Rd, Monticello, IN 47960

    Discover this updated 4 bed, 2 bath lake house offering just under 2,000 finished square feet on a peaceful canal. The spacious primary suite, with plenty of room to relax, features a large en suite bath. Enjoy stylish, modern finishes throughout the interior, making this home truly move-in ready. The cozy living room, with gas fireplace, walks out to the 4 seasons sunroom. Outside, take

    Nathan Walts REAL ESTATE NETWORK L.L.C

    11044 N Landing Rd, Monticello, IN 47960
  • /36

    $480,000

    • 2 Beds
    • 2 Baths
    • 1,188 Sq Ft

    4372 N Shorewood Ct, Monticello, IN 47960

    Enjoy lake living at its finest with this 2-bedroom, 2-bath waterfront home on Lake Shafer! Designed for comfort and convenience, the floor plan features an eat-in kitchen, spacious living room with access to a covered deck overlooking the water, and a main-level laundry. A versatile den offers the option for a third bedroom, office, or hobby space. The full walkout basement is unfinished but

    John Koppelmann Koppelmann Real Estate

    4372 N Shorewood Ct, Monticello, IN 47960
  • /19

    $499,000 Coming Soon

    • 2 Beds
    • 1 Bath
    • 1,396 Sq Ft

    3584 E Bailey Rd, Monticello, IN 47960

    Start Showing Date: 4/17/2026 Waterfront home and land across the road, Wow!! This is a must see! The home has been completely remodeled and move in ready. New roof, furnace, duct work, central air, wood flooring, carpet, kitchen cabinets with quartz countertops, the list goes on and on. The large living room spans 28 feet wide with windows throughout giving you the most beautiful view of the

    McKenzie Forest RE/MAX Aspire

    3584 E Bailey Rd, Monticello, IN 47960

Home Trends in Monticello, IN

Housing Trends

Median Sale Price
$205,000
Median Single Family Sale Price
$199,000
Median Townhouse Sale Price
$250,000
Median 1 Bedroom Sale Price
$120,000
Average Price Per Sq Ft
$137
Number of Homes for Sale
16
Last 12 months Home Sales
63
Months of Supply
3.00
Median List Price
$219,900
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
14%
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