$1,175,000

4954 E Bay Front Ct Monticello, IN 47960

Estimated payment $6,959/month

Total Views 2,913
5 Beds
4 Baths
4,378 Sq Ft
$268 Price per Sq Ft

Highlights

  • 120 Feet of Waterfront
  • Lake Property
  • Vaulted Ceiling
  • Parking available for a boat
  • Living Room with Fireplace
  • Wood Flooring

About This Home

5 bed/4 full bath Lake Shafer/Kean's bay 2 house Beauty with a Classy mixture of modern updates and original charm. Main house has modern Quartz/Oak Kitchen with new stainless appliances, recessed lighting. Original Living room has knotty pine ceilings, hardwood flooring, huge brick fireplace/hearth. Oversized Main Bedroom Suite with high end tiled shower and bath that will rival some of the best constructed/designed homes in the Midwest. This sprawling estate has a panoramic view of Bay & Main Lake Shafer/Tippecanoe Country Club. Guest cottage on own parcel with waterfrontage can be rented out for additional income. 44x22 Family Room with cedar beams/walls/ceilings, gas fireplace and bar for entertaining. Outside amenities include; vinyl deck railing, granite outdoor kitchen with composite decking and hot tub, multiple level decks with fresh stain, brick paver patios/porches and walkways, private main bedroom suite balcony lakeside with private exterior access, circular asphalt driveway. Waterfront improvements consist of; permanent covered lift/pwc lift, huge 1,000 sqft. deck lakeside with slide to water, swim platform. Partially finished basement with full bathroom, new flooring. Main house has multiple zones for heating/cooling. Furnishings are negotiable for a turn-key multi-house estate.

Listing Agent

Gregory Vogel

VOGEL REAL ESTATE Brokerage Email: gvogeljr@vogel-real-estate.com Listed on: 09/04/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,393

Year Built

  • Built in 1948

Lot Details

  • 0.61 Acre Lot
  • 120 Feet of Waterfront
  • Lake Front
  • Property is zoned L-1 Lake District

Interior Spaces

  • 1.5-Story Property
  • Vaulted Ceiling
  • Recessed Lighting
  • Gas Log Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Water Views

Kitchen

  • Gas Oven or Range
  • Solid Surface Countertops

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathtub With Separate Shower Stall
  • Garden Bath

Partially Finished Basement

  • Block Basement Construction
  • 1 Bathroom in Basement
  • Crawl Space

Parking

  • Circular Driveway
  • Parking available for a boat

Outdoor Features

  • Sun Deck
  • Waterski or Wakeboard
  • Lake Property
  • Lake, Pond or Stream
  • Balcony
  • Covered Patio or Porch

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well

Community Details

  • Keans Bay Subdivision

Listing and Financial Details

  • Assessor Parcel Number 91-73-08-000-017.200-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,393

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1948
  • Age: 77
  • Style: One and Half Story
  • Total Number of Rooms: 12
  • Total Number of Rooms Below Grade: 2
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: KEANS BAY NORTH PT W/S LOT 6, KEANS BAY NORTH LOT 7 & PT LOT 6 E/S
  • Parcel Number ID: 91-73-08-000-017.200-011
  • Platted: Yes
  • Amenities: Balcony, Ceiling-9+, Ceilings-Vaulted, Countertops-Solid Surf, Deck Open, Deck on Waterfront, Jet/Garden Tub, Porch Covered, Range/Oven Hook Up Gas, Stand Up Shower, Tub and Separate Shower
  • Location: Lake
  • Parcel Id2: 91-73-08-000-017.201-011
  • County Zoning: L-1 Lake District
  • Year Taxes Payable: 2025
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 5234
  • Total Finished Sq Ft: 4378
  • Above Grade Finished Sq Ft: 4258
  • Below Grade Finished Sq Ft: 120
  • Below Grade Sq Ft: 856
  • Price Per Sq Ft: 275.95
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement, Partially Finished
  • Basement Material: Block
  • Number Of Fireplaces: 2
  • Fireplace: Family Rm, Living/Great Rm, Gas Log
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Laminate, Tile
  • Living Great Room: Dimensions: 19x16, On Level: Main
  • Kitchen: Dimensions: 20x10, On Level: Main
  • Dining Room: Dimensions: 10x11, On Level: Main
  • Family Room: Dimensions: 43x22, On Level: Main
  • Bedroom 1: Dimensions: 30x24, On Level: Upper
  • Bedroom 2: Dimensions: 12x16, On Level: Main
  • Bedroom 3: Dimensions: 10x12, On Level: Main
  • Bedroom 4: Dimensions: 9x10, On Level: Main
  • Bedroom 5: Dimensions: 23x11, On Level: Upper
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 976

Exterior Features

  • Exterior: Aluminum
  • Outbuilding1: Shed, Dimensions: 20x12
  • Channel Canal Frontage: 120
  • Lake Type: Ski Lake
  • Outbuilding2: Shed, Dimensions: 13x11, 143
  • Water Features: Boat Lot
  • Water Frontage: 120
  • Water Name: Lake Shafer

Garage/Parking

  • Driveway: Asphalt, Circular

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Gas, Conventional, Forced Air
  • Sewer: Regional
  • Water Utilities: Well
  • Hvac: Zoned Air Condtioning, Zoned Heating
  • Water Type: Lake
  • Well Type: Private

Condo/Co-op/Association

  • Other Fee Description: shorefront
  • Other Fees Dollar: 125

Schools

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

Lot Info

  • Lot Description: Waterfront, 0-2.9999, Water View, Waterfront-Medium Bank
  • Lot Dimensions: 79x213, 39x222
  • Estimated Lot Sq Ft: 26572
  • Estimated Lot Size Acres: 0.61

Tax Info

  • Annual Taxes: 8393.36

Multi Family

  • Water Access: Lakefront

MLS Schools

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

Map

Range of Values:

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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 $7,006 $708,200 $154,300 $553,900
2023 $6,238 $614,000 $154,300 $459,700
2022 $5,480 $531,300 $154,300 $377,000
2021 $5,292 $502,700 $154,300 $348,400
2020 $4,712 $442,400 $126,700 $315,700
2019 $4,177 $410,000 $126,700 $283,300
2018 $4,034 $402,900 $126,700 $276,200
2017 $9,779 $387,400 $126,700 $260,700
2016 $3,537 $390,100 $126,700 $263,400
2014 $3,493 $377,900 $111,800 $266,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2025 09/04/25 For Sale $1,175,000 -- $268 / Sq Ft
Source: Indiana Regional MLS

Source: Indiana Regional MLS

MLS Number: 202535802

Indiana Regional MLS

APN: 91-73-08-000-017.200-011