17

Monticello, IN Homes for Sale under $500,000

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  • /36

    $449,000

    • 5 Beds
    • 3 Baths
    • 4,576 Sq Ft

    1120 N Diamond Point Ct, Monticello, IN 47960

    Tucked at the end of a quiet tree lined neighborhood this expansive Lake Freeman property offers a peaceful setting with standout features including 5 bedrooms 3 bathrooms a 5 car garage and exceptionally spacious living space the open concept layout showcases tile and hardwood flooring cathedral ceilings multiple fireplaces mosaic and tile backsplashes quartz countertops and a formal dining room

    Agent Photo

    Ryan Clemons

    Redlow Group

    (574) 475-7843

    1120 N Diamond Point Ct, Monticello, IN 47960
  • /33

    $449,900

    $100K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 1,846 Sq Ft

    8079 N West Shafer Dr, Monticello, IN 47960

    This charming 2-bedroom, 2-bath home on Lake Shafer offers a rare blend of comfort, space, and direct access to the water. Set on an expansive 200 feet of water frontage, the property provides stunning panoramic lake views and plenty of room to relax, entertain, or enjoy outdoor activities. The home features a functional and inviting layout, with plenty of living spaces that take full advantage

    Agent Photo

    Michael Sims

    Redlow Group

    (574) 933-7354

    8079 N West Shafer Dr, Monticello, IN 47960
  • /35

    $459,900

    $15K PRICE DROP
    • 4 Beds
    • 3 Baths
    • 2,082 Sq Ft

    1828 N Royal Oaks Dr, Monticello, IN 47960

    Lake Freeman Brick ranch on Double lot with 200+ ft. of Frontage. Partial finished basement with full bath and living area. Quality build and finish with full brick exterior. Main bedroom suite has a cedar walk-in closet, dual sinks. Living Room has a nice gas fireplace with brick hearth, sliding patio doors to back deck, wet bar for evening night cap. Exterior has; back deck and lakeside deck,

    Gregory Vogel VOGEL REAL ESTATE

    1828 N Royal Oaks Dr, Monticello, IN 47960
  • /34

    $488,900

    $61K PRICE DROP
    • 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

    $463,900

    $61K PRICE DROP
    • 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
  • /36

    $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. Second floor features include a 2nd full guest

    Sean Dekker REAL ESTATE NETWORK L.L.C

    3222 Indiana 39, Monticello, IN 47960
  • /36

    $419,900

    $5K PRICE DROP
    • 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
  • /36

    $439,900

    • 4 Beds
    • 3 Baths
    • 2,756 Sq Ft

    11128 N Quiet Water Rd, Monticello, IN 47960

    LAKE FRONT PROPERTY! Enjoy lake living with this spacious 3 to 4 bedroom, 3 bath home located on one of the most sought after Canals (170 ft of canal frontage) on Lake Freeman! With 2,756 sq ft, this home has a fully finished walkout basement complete with a large entertainment area and custom bar—perfect for entertaining! Step outside to a massive upper deck with a waterproof membrane system,

    Elise Maxwell The Hardie Group

    11128 N Quiet Water Rd, Monticello, IN 47960
  • /36

    $499,900

    • 3 Beds
    • 2 Baths
    • 1,768 Sq Ft

    10078 N 1200 W, Monticello, IN 47960

    THE CURE FOR THE SUMMERTIME BLUES ARE THESE AMAZING VIEWS! Breathtaking views can be had, both inside & out, with this impressively remodeled 3 Bed / 2 Bath home affectionately dubbed as ‘The Bluebird Cottage’. The spectacular lake visuals & sunsets are unmatched, & the interior scenery is equally appealing. The contemporary vibe of the makeover has been tastefully blended with some of the home’s

    Sean Dekker REAL ESTATE NETWORK L.L.C

    10078 N 1200 W, Monticello, IN 47960
  • /32

    $419,900

    $60K PRICE DROP
    • 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

    $499,900

    • 4 Beds
    • 2.5 Baths
    • 2,301 Sq Ft

    2951 N Lakeshore Dr, Monticello, IN 47960

    TRUE BLUE AMAZING LAKE VIEWS! Imagine waking up to incredible lake views & then enjoying them with your morning coffee from your bedroom’s private covered lake deck! This 4 Bed / 2.5, 2300+ sf year-round Lake Shafer home features a Bed/Bath combo w/a private lake-view deck on both the main & lower level, a large, open, living & dining area w/fireplace, a cheerful sunroom off of the kitchen, &

    Sean Dekker REAL ESTATE NETWORK L.L.C

    2951 N Lakeshore Dr, Monticello, IN 47960
  • /11

    $436,900

    • 4 Beds
    • 2.5 Baths
    • 1,926 Sq Ft

    2007 Deepwater Loop, Monticello, IN 47960

    Welcome to the Baymont plan by Luxe Homes—an inviting 1,926 sq ft modern ranch offering 4 bedrooms and 2.5 baths with a bright, open-concept layout. Ideally located on Lot 23 in Lakeview Bay, Lake Shafer’s newest subdivision across from Pine View Golf Course on Norway Road, this home also includes deeded access to Lake Shafer via the community dock. Step through the custom front door with dual

    Michael Lewis REAL ESTATE NETWORK L.L.C

    2007 Deepwater Loop, Monticello, IN 47960
  • /34

    $439,000

    $150K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 2,454 Sq Ft

    4415 N West Shafer Dr, Monticello, IN 47960

    REDUCED - Motivated Seller! This lake level, Lake Shafer, Cape Cod home is an incredible lake retreat. Estate sale....needs some TLC, but this hard to find lot in a great area is worth the sweat equity. The holiday parties will be right here with four bedrooms, including beds that will sleep 16, and two full baths. A bright, beautiful lakeside sun room offers awesome views, and the wrap-around

    Christine Thayer REAL ESTATE NETWORK L.L.C

    4415 N West Shafer Dr, 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
  • /24

    $495,000

    • 4 Beds
    • 2 Baths
    • 1,392 Sq Ft

    5152 E Oriole Dr, Monticello, IN 47960

    This lake-level ranch home is situated on a prime, lake-level lot in the sought-after location of the Isle of Homes on Lake Shafer. With a steel seawall, a double permanent boat lift, and a swim pier, the property is ready for waterfront fun. The three-season sunroom features floor-to-ceiling windows for a panoramic perspective of the lake, and offers an additional 312 square feet of living

    Christine Thayer REAL ESTATE NETWORK L.L.C

    5152 E Oriole Dr, Monticello, IN 47960
  • /42

    $499,900

    • 3 Beds
    • 1.5 Baths
    • 2,380 Sq Ft

    8395 N Kiger Dr, Monticello, IN 47960

    This is what 'meet me at the lake' is supposed to look like! This Beautifully updated Lake Shafer ranch home situated on appx .61 acres with 101 feet of water frontage along the northern end of Lake Shafer - Tippecanoe River. Offering over 2,380 finished sq ft that includes the full walkout basement, this property is perfectly suited for year-round living or the ultimate waterfront getaway.

    Nichole Barnett RE/MAX Executives

    8395 N Kiger 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

Home Trends in Monticello, IN

Housing Trends

Median Sale Price
$208,000
Median Single Family Sale Price
$214,900
Median Townhouse Sale Price
$250,000
Average Price Per Sq Ft
$137
Number of Homes for Sale
19
Last 12 months Home Sales
63
Months of Supply
3.60
Median List Price
$224,900
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
12%
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