$210,000
PENDING

10721 N Shady Ln Monticello, IN 47960

Estimated payment $1,236/month

Total Views 1,679
2 Beds
1 Bath
737 Sq Ft
$285 Price per Sq Ft

Highlights

  • 30 Feet of Waterfront
  • Parking available for a boat
  • Access To Lake
  • Pier or Dock
  • Private Beach
  • Lake Property

About This Home

Welcome to this cute and cozy two bedroom one bath cottage, perfect for a personal getaway or investment property! This home offers exclusive access to Lake Freeman, including a private beach and lake lot - ideal for swimming, boating, and relaxing by the water. Inside you’ll find a lovely kitchen with granite countertops and newer appliances. Step outside onto the wraparound porch to enjoy beautiful lake views or entertain friends at your covered outdoor bar area - perfect for summer evenings and weekend gatherings. Whether you’re looking for a peaceful retreat or a smart rental opportunity, this charming lake cottage checks all the boxes.

Listing Agent

Paloma Arellano

Modern Real Estate Brokerage Phone: 574-297-4268 Listed on: 11/05/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,536

Year Built

  • Built in 1964

Lot Details

  • 741 Sq Ft Lot
  • Lot Dimensions are 50x100 25x100 15x39 15x37
  • 30 Feet of Waterfront
  • Home fronts a canal
  • Private Beach
  • Irregular Lot
  • Sloped Lot
  • Partially Wooded Lot

HOA Fees

  • $3 Monthly HOA Fees

Parking

  • Parking available for a boat

Home Design

  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 737 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Access To Lake
  • Waterski or Wakeboard
  • Lake Property
  • Lake, Pond or Stream

Location

  • Suburban Location

Schools

  • Meadowlawn Elementary School
  • Roosevelt Middle School
  • Twin Lakes High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Private Company Owned Well
  • Well
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 08-04-16-000-017.000-011

Community Details

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,536

Year Built

Built in 1964

Lot Details

0

HOA Fees

$3 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1964
  • Style: One Story
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 008-36014-00 C & C Beach 1st SD N2 Lot 9, 008-36015-00 C & C Beach 1st SD Lot 8, 008-42006-00 C & C Beach 6th SD Boat Blk A6, 008-42007-00 C & C Beach 6th SD Boat Blk A7
  • Parcel Number ID: 08-04-16-000-017.000-011
  • Platted: Yes
  • Location: City/Town/Suburb, Lake
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 737
  • Total Finished Sq Ft: 737
  • Above Grade Finished Sq Ft: 737
  • Basement Foundation: Crawl
  • Living Great Room: Dimensions: 14x10, On Level: Main
  • Kitchen: Dimensions: 9x12, On Level: Main
  • Dining Room: Dimensions: 9x10, On Level: Main
  • Bedroom 1: Dimensions: 9x12, On Level: Main
  • Bedroom 2: Dimensions: 6x8, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Water Features: Pier/Dock Available, Private Beach, Walk to Lake Access, Boat Lot
  • Water Frontage: 30
  • Water Name: Lake Freeman

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Wall Heater
  • Sewer: Private
  • Water Utilities: Well
  • Electric Company: REMC
  • Gas Company: NIPSCO
  • Water Type: Lake
  • Well Type: Private

Condo/Co-op/Association

  • Association Fees: 40
  • Association Fees Frequency: Annually

Schools

  • Elementary School: Meadowlawn

Lot Info

  • Lot Description: Irregular, Partially Wooded, Slope, Waterfront-Level Bank
  • Lot Dimensions: 50x100 25x100 15x39 15x37
  • Estimated Lot Sq Ft: 741
  • Estimated Lot Size Acres: 0.017

Tax Info

  • Annual Taxes: 1536

Multi Family

  • Water Access: Channel Front/Canal

MLS Schools

  • High School: Twin Lakes
  • Middle School: Roosevelt
  • School District: Twin Lakes School Corp.

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,288 $137,100 $39,300 $97,800
2023 $761 $91,500 $39,300 $52,200
2022 $761 $75,500 $39,300 $36,200
2021 $721 $67,900 $39,300 $28,600
2020 $686 $63,500 $30,800 $32,700
2019 $653 $62,000 $30,800 $31,200
2018 $622 $60,200 $30,800 $29,400
2017 $580 $59,900 $30,800 $29,100
2016 $550 $55,700 $20,800 $34,900
2014 $501 $51,100 $18,200 $32,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/12/2025 12/12/25 Pending -- -- --
11/05/2025 11/05/25 For Sale $210,000 +1.0% $285 / Sq Ft
05/08/2023 05/08/23 Sold $207,900 -3.3% $282 / Sq Ft View Prior Sale
04/25/2023 04/25/23 Pending -- -- --
02/11/2023 02/11/23 For Sale $214,900 -- $292 / Sq Ft
Source: Indiana Regional MLS

Source: Indiana Regional MLS

MLS Number: 202544900

Indiana Regional MLS

APN: 08-04-16-000-016.000-011

Indiana Carroll County Monticello 47960

10721 N Shady Ln, Monticello, IN

Pending

Detached

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Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Listing Agent
Paloma Arellano
Section Image
Modern Real Estate
(574) 626-9152