$1,095,000
$55K PRICE DROP

5508 E Golden Acre Ct Monticello, IN 47960

Estimated payment $6,223/month

Total Views 81,453
5 Beds
5 Baths
3,672 Sq Ft
$298 Price per Sq Ft

Highlights

  • 100 Feet of Waterfront
  • Cathedral Ceiling
  • Solid Surface Countertops
  • Lake Property
  • Wood Flooring
  • Screened Porch

About This Home

Welcome to your dream waterfront retreat on Lake Shafer in Monticello! This stunning home features 4 spacious upstairs bedrooms with soaring ceilings, including two en suite rooms with sliding doors to a deck overlooking the lake. The first floor boasts beamed ceilings, abundant natural light, a cozy fireplace, a bright kitchen with stainless steel appliances, and hardwood floors throughout. Enjoy generous outdoor living spaces, including a lakeside screened porch, a second-floor balcony, and a sprawling 16x19 covered patio with a stone fireplace—perfect for entertaining. A covered boat lift, double wave runner lifts, and a tandem garage provide ample storage for all your lake toys. Don't miss this incredible opportunity—schedule your showing today!

Listing Agent

Cathy Russell

@properties Listed on: 03/27/2025

@properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,641

Year Built

  • Built in 1987

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 100x130x100x124
  • 100 Feet of Waterfront
  • Lake Front
  • Level Lot

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Home Design

  • Stone Exterior Construction
  • Cement Board or Planked

Interior Spaces

  • 3,672 Sq Ft Home
  • 2-Story Property
  • Built-in Bookshelves
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Entrance Foyer
  • Living Room with Fireplace
  • Screened Porch
  • Fire and Smoke Detector
  • Washer and Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven or Range
  • Solid Surface Countertops
  • Utility Sink
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Double Vanity
  • Bathtub with Shower
  • Separate Shower

Outdoor Features

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

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
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well

Listing and Financial Details

  • Assessor Parcel Number 91-83-16-000-000.602-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,641

Year Built

Built in 1987

Lot Details

0

Parking

4

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1987
  • Age: 38
  • Style: Two Story
  • Total Number of Rooms: 10
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 5
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 2
  • Legal Description: PT SW SE 16-28-03 .293
  • Parcel Number ID: 91-83-16-000-000.602-010
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Balcony, Breakfast Bar, Built-In Bookcase, Ceiling-9+, Ceiling-Cathedral, Ceiling Fan(s), Ceilings-Beamed, Closet(s) Walk-in, Countertops-Solid Surf, Deck Covered, Deck Open, Deck on Waterfront, Detector-Smoke, Disposal, Dryer Hook Up Electric, Eat-In Kitchen, Foyer Entry, Garage Door Opener, Patio Covered, Patio Open, Porch Covered, Porch Screened, Range/Oven Hook Up Gas, Twin Sink Vanity, Utility Sink, Stand Up Shower, Tub/Shower Combination, Washer Hook-Up
  • County Zoning: Unknown
  • Year Taxes Payable: 2024
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 3672
  • Total Finished Sq Ft: 3672
  • Above Grade Finished Sq Ft: 3672
  • Price Per Sq Ft: 298.2
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Fireplace Insert
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Tile
  • Living Great Room: Dimensions: 18x23, On Level: Main
  • Kitchen: Dimensions: 12x17, On Level: Main
  • Dining Room: Dimensions: 14x12, On Level: Main
  • Family Room: Dimensions: 17x22, On Level: Upper
  • Extra Room: Office, Dimensions: 11x11, On Level: Main
  • Bedroom 1: Dimensions: 21x18, On Level: Upper
  • Bedroom 2: Dimensions: 21x17, On Level: Upper
  • Bedroom 3: Dimensions: 14x17, On Level: Upper
  • Bedroom 4: Dimensions: 14x12, On Level: Upper
  • Bedroom 5: Dimensions: 20x11, On Level: Main
  • Number of Main Level Half Bathrooms: 2

Exterior Features

  • Exterior: Stone, Cement Board
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Water Frontage: 100
  • Water Name: Lake Shafer

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 4
  • Garage Size: Dimensions: 43x24
  • Garage Sq Ft: 1032
  • Garage: Yes

Utilities

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

Schools

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

Lot Info

  • Lot Description: Level, Waterfront, 0-2.9999, Lake
  • Lot Dimensions: 100x130x100x124
  • Estimated Lot Sq Ft: 12763
  • Estimated Lot Size Acres: 0.29

Tax Info

  • Annual Taxes: 3641
  • Total Assessed Value: 445600

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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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 $3,641 $445,600 $114,100 $331,500
2023 $4,058 $467,100 $114,100 $353,000
2022 $3,467 $347,500 $89,200 $258,300
2021 $2,727 $266,100 $89,200 $176,900
2020 $3,061 $272,900 $95,900 $177,000
2019 $2,949 $275,600 $95,900 $179,700
2018 $1,243 $236,100 $62,200 $173,900
2017 $1,222 $222,200 $62,200 $160,000
2016 $1,125 $222,400 $62,200 $160,200
2014 $965 $208,400 $62,200 $146,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 Price Changed $1,095,000 -3.9% $298 / Sq Ft
06/24/2025 06/24/25 Price Changed $1,140,000 -0.9% $310 / Sq Ft
03/27/2025 03/27/25 For Sale $1,150,000 +173.8% $313 / Sq Ft
09/18/2015 09/18/15 Sold $420,000 -14.1% $114 / Sq Ft
09/10/2015 09/10/15 Pending -- -- --
04/28/2015 04/28/15 For Sale $489,000 -- $133 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed -- Attorney Only
Deed $420,000 White County Abstract & Title
Deed $69,000 Dellinger & Dellinger
Source: Public Records

About the Listing Agent

Cathy Russell

@properties

(574) 227-6471

Section Image

Energy, enthusiasm, and experience combine to make Cathy Russell the number one agent in the Lafayette area! In 2015, she earned the spot as the number one agent in the Lafayette Regional Association of Realtors by successfully closing more than 225 properties for more than $35M in sales volume in her 42nd year in the business.

Cathy began her Real Estate career in 1974 after graduating from Purdue University in home planning and working in the building industry. After raising her three

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Source: Indiana Regional MLS

MLS Number: 202510174

Indiana Regional MLS

APN: 91-83-16-000-000.602-010