$329,900
$10K PRICE DROP

5129 E Shady Point Dr Monticello, IN 47960

Estimated payment $1,911/month

Total Views 2,167
2 Beds
2 Baths
900 Sq Ft
$367 Price per Sq Ft

Highlights

  • 50 Feet of Waterfront
  • Open Floorplan
  • Covered Patio or Porch
  • Docks
  • Lake Property
  • Eat-In Kitchen

About This Home

Enjoy panoramic Main Lake Shafer views from this clean and well kept 2 bedroom, 2 bath waterfront cottage offering 50’ of prime lake frontage. This open concept home packs a ton of charm into its 900 square feet, creating the perfect lake getaway or weekend retreat. Relax on the partially covered lakeside deck while taking in breathtaking water views and sunsets across the main lake. The interior is neat, inviting, and move-in ready with a bright lakeside feel throughout. A concrete seawall adds lasting shoreline protection and easy access to the water. Whether you’re boating, entertaining, or simply unwinding at the lake, this cottage delivers the ideal Lake Shafer lifestyle.

Listing Agent

Nathan Walts

REAL ESTATE NETWORK L.L.C Listed on: 05/22/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,681

Year Built

  • Built in 1940

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50 x 110
  • 50 Feet of Waterfront
  • Lake Front
  • Level Lot
  • Property is zoned L-1 Lake District

Home Design

  • Cabin
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Basement

  • Block Basement Construction
  • Crawl Space

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Sun Deck
  • Seawall
  • Docks
  • Lake Property
  • Lake, Pond or Stream
  • Covered Deck
  • Covered Patio or Porch

Schools

  • North White Primary Elementary School
  • North White Jr/Sr Middle School
  • North White Jr/Sr High School

Utilities

  • Forced Air Heating and Cooling System
  • Private Company Owned Well
  • Well
  • Cable TV Available

Community Details

  • Shady Point Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 91-83-33-000-007.100-010
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,681

Year Built

Built in 1940

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1940
  • Style: One Story
  • Architectural Style: Cabin/Cottage
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: SHADY POINT PARK ADD LOT 9
  • Parcel Number ID: 91-83-33-000-007.100-010
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Cable Available, Cable Ready, Ceiling Fan(s), Countertops-Laminate, Deck Covered, Deck Open, Deck on Waterfront, Dryer Hook Up Electric, Eat-In Kitchen, Open Floor Plan, Porch Covered, Range/Oven Hook Up Elec, Stand Up Shower, Tub/Shower Combination, Main Floor Laundry, Washer Hook-Up
  • Location: Lake
  • Road Access: County
  • Road Surface: Asphalt
  • County Zoning: L-1 Lake District
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 900
  • Total Finished Sq Ft: 900
  • Above Grade Finished Sq Ft: 900
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 12x23, On Level: Main
  • Kitchen: Dimensions: 17x13, On Level: Main
  • Bedroom 1: Dimensions: 9x9, On Level: Main
  • Bedroom 2: Dimensions: 9x8, On Level: Main
  • Main Level Sq Ft: 900
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: Shed, Dimensions: 12x10
  • Lake Type: Ski Lake
  • Sea Wall Type: Concrete
  • Water Features: Pier/Dock
  • Water Frontage: 50
  • Water Name: Lake Shafer

Garage/Parking

  • Driveway: Gravel
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: Regional
  • Water Utilities: Well
  • Water Type: Lake
  • Well Type: Private

Condo/Co-op/Association

  • Other Fee Description: SFLECC
  • Other Fees Dollar: 175

Schools

  • Elementary School: North White Primary

Lot Info

  • Lot Description: Level, Lake
  • Lot Dimensions: 50 x 110
  • Estimated Lot Sq Ft: 5227
  • Estimated Lot Size Acres: 0.12

Tax Info

  • Annual Taxes: 1680.92

Multi Family

  • Water Access: Lakefront

MLS Schools

  • High School: North White Jr/Sr
  • Middle School: North White Jr/Sr
  • School District: North White School Corp.

Map

Range of Values:

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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,681 $232,600 $98,500 $134,100
2024 $1,949 $238,500 $98,500 $140,000
2023 $1,903 $219,000 $98,500 $120,500
2022 $1,844 $184,800 $98,500 $86,300
2021 $1,752 $171,000 $98,500 $72,500
2020 $1,813 $161,600 $91,200 $70,400
2019 $1,527 $145,700 $82,000 $63,700
2018 $1,470 $143,500 $82,000 $61,500
2017 $1,468 $133,900 $82,000 $51,900
2016 $1,342 $134,000 $82,000 $52,000
2014 $1,306 $143,100 $86,600 $56,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/30/2026 06/30/26 Price Changed $329,900 -2.9% $367 / Sq Ft
05/22/2026 05/22/26 For Sale $339,900 -- $378 / Sq Ft
Source: Indiana Regional MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed $218,250 Attorney Only
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $174,600 Construction
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202619694

Indiana Regional MLS

APN: 91-83-33-000-007.100-010

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