$325,000
$24K PRICE DROP

5075 E Bay Front Ct Monticello, IN 47960

Estimated payment $1,909/month

Total Views 13,654
2 Beds
2 Baths
2,016 Sq Ft
$161 Price per Sq Ft

Highlights

  • Deeded Waterfront Access Rights
  • Pier or Dock
  • Lake Property
  • 12 Feet of Waterfront
  • Spa
  • Cathedral Ceiling

About This Home

Motivated Sellers!!! Nestled in the serene beauty of Keans Bay, this enchanting 2 bedroom, 2 bathroom cottage offers the perfect blend of rustic charm and modern comfort. Sitting on a scenic lot with lake access to stunning Lake Shafer, this property is ideal for year-round living or a peaceful weekend getaway. Step inside and be captivated by the soaring ceilings that create an open, airy feel, complemented by warm and inviting interiors. The beautifully updated kitchen boasts solid surface countertops and modern appliances, making meal prep a delight. Whether you’re cozying up by the fire or entertaining guests, this home offers a welcoming ambiance throughout. Outdoors, you’ll find three storage sheds and a greenhouse, perfect for gardening enthusiasts or extra storage. A whole-house generator ensures peace of mind, providing power no matter the season. Enjoy the tranquility of country living while being just steps away from the water. Whether you’re fishing, boating, or simply relaxing on the boat, this property offers the ultimate lakeside lifestyle. Don’t miss this rare opportunity to own a charming retreat on Keans Bay! Schedule your private showing today!

Last Listed By

Matt Zook

REAL ESTATE NETWORK L.L.C Brokerage Phone: 574-229-0938 Listed on: 03/30/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,122

Year Built

  • Built in 1985

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 75 x 161
  • 12 Feet of Waterfront
  • Rural Setting
  • Landscaped
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Cabin
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,016 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Laminate Flooring
  • Water Views
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Solid Surface Countertops
  • Utility Sink
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Bathtub with Shower
  • Separate Shower

Basement

  • Sump Pump
  • Block Basement Construction
  • Crawl Space

Home Security

  • Home Security System
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient HVAC
  • ENERGY STAR Qualified Equipment for Heating
  • Energy-Efficient Thermostat

Outdoor Features

  • Spa
  • Deeded Waterfront Access Rights
  • Access To Lake
  • Waterski or Wakeboard
  • Lake Property
  • Lake, Pond or Stream

Schools

  • East Lawn Elementary School
  • Roosevelt Middle School
  • Twin Lakes High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • ENERGY STAR Qualified Air Conditioning
  • Heating System Uses Gas
  • Whole House Permanent Generator
  • Private Company Owned Well
  • Well

Listing and Financial Details

  • Assessor Parcel Number 91-73-09-000-031.600-011

Community Details

Recreation

  • Pier or Dock

Additional Features

  • Lazy Acres Subdivision
  • Community Fire Pit

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,122

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1985
  • Age: 40
  • Style: Two Story
  • Architectural Style: Cabin/Cottage
  • Total Number of Rooms: 7
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: LAZY ACRES SUB PT LOT 1 & PART LOT 8
  • Parcel Number ID: 91-73-09-000-031.600-011
  • Platted: Yes
  • Amenities: Hot Tub/Spa, 1st Bdrm En Suite, Alarm System-Security, Breakfast Bar, Ceiling-Cathedral, Ceiling Fan(s), Countertops-Solid Surf, Deck Open, Detector-Smoke, Disposal, Firepit, Generator-Whole House, Landscaped, Utility Sink, Alarm System-Sec. Cameras, Stand Up Shower, Tub/Shower Combination, Main Floor Laundry, Sump Pump
  • Location: Lake, Rural
  • Year Taxes Payable: 2024 Pay 2025
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2016
  • Total Finished Sq Ft: 2016
  • Above Grade Finished Sq Ft: 2016
  • Price Per Sq Ft: 161.21
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Wood Burning
  • Fireplace: Yes
  • Flooring: Laminate
  • Living Great Room: Dimensions: 18x27, On Level: Main
  • Kitchen: Dimensions: 10x18, On Level: Main
  • Bedroom 1: Dimensions: 15x11, On Level: Upper
  • Bedroom 2: Dimensions: 15x11, On Level: Upper
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Wood
  • Roof Material: Dimensional Shingles
  • Outbuilding1: Shed, Dimensions: 16x12
  • Lake Type: Ski Lake
  • Outbuilding2: Shed, Dimensions: 16x12, 192
  • Water Features: Pier/Dock, Walk to Lake Access, Deeded
  • Water Frontage: 12
  • Water Name: Lake Shafer

Garage/Parking

  • Driveway: Gravel

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Regional
  • Water Utilities: Well
  • Hvac: Energy Star A/C, Energy Star Heating, Zoned Air Condtioning, Zoned Heating
  • Laundry: Dimensions: Mainx9, On Level: 10
  • Water Type: Lake
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Level, Waterfront, Lake, Water View
  • Lot Dimensions: 75 x 161
  • Estimated Lot Sq Ft: 15682
  • Estimated Lot Size Acres: 0.36

Green Features

  • Energy Efficient: HVAC, Thermostat/Controllers

Tax Info

  • Annual Taxes: 1121.8
  • Exemptions: Homestead, Supplemental

Multi Family

  • Water Access: Easement/Other

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 $1,122 $241,700 $31,400 $210,300
2023 $788 $186,800 $31,400 $155,400
2022 $779 $170,300 $31,400 $138,900
2021 $1,514 $143,800 $31,400 $112,400
2020 $1,314 $123,400 $23,600 $99,800
2019 $1,172 $115,000 $23,600 $91,400
2018 $1,118 $111,700 $23,600 $88,100
2017 $1,037 $111,000 $23,600 $87,400
2016 $1,120 $111,000 $23,600 $87,400
2014 $378 $112,300 $23,600 $88,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2025 06/13/25 Price Changed $325,000 -4.1% $161 / Sq Ft
05/04/2025 05/04/25 Price Changed $339,000 -2.9% $168 / Sq Ft
03/30/2025 03/30/25 For Sale $349,000 +190.8% $173 / Sq Ft
05/18/2017 05/18/17 Sold $120,000 -11.1% $79 / Sq Ft
05/16/2017 05/16/17 Pending -- -- --
01/19/2017 01/19/17 For Sale $135,000 +237.5% $89 / Sq Ft
04/14/2016 04/14/16 Sold $40,000 -10.1% $26 / Sq Ft
03/10/2016 03/10/16 Pending -- -- --
02/17/2016 02/17/16 For Sale $44,500 -- $29 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Attorney Only
Deed $40,000 Columbia Title Inc
Sheriffs Deed $41,500 Mercer Belanger
Source: Public Records

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Source: Indiana Regional MLS

MLS Number: 202510485

Indiana Regional MLS

APN: 91-73-09-000-031.600-011