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.
Closed
$202,500
10721 N Shady Ln, Monticello, IN 47960
2beds
737sqft
Single Family Residence
Built in 1964
740 Square Feet Lot
$201,000 Zestimate®
$--/sqft
$1,362 Estimated rent
Home value
$201,000
$179,000 - $225,000
$1,362/mo
Zestimate® history
Owner options
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$1,305/mo
Est. payment
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$1,305/mo
Est. payment
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List your homeWhat's special
Private beachLake lotWraparound porchGranite countertopsCovered outdoor bar areaBeautiful lake viewsNewer appliances
Zillow last checked:
Listing updated:
Listed by:
Paloma Arellano Cell:574-297-4268,
Modern Real Estate
Bought with:
Gregory Vogel II, Gri
VOGEL REAL ESTATE
Source: IRMLS,MLS#: 202544900
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 2
Bedroom 1
- Level: Main
Bedroom 2
- Level: Main
Dining room
- Level: Main
- Area: 90
- Dimensions: 9 x 10
Kitchen
- Level: Main
- Area: 108
- Dimensions: 9 x 12
Living room
- Level: Main
- Area: 140
- Dimensions: 14 x 10
Heating
- Wall Furnace
Cooling
- Wall Unit(s)
Appliances
- Included: Dishwasher, Microwave, Refrigerator, Electric Range, Water Softener Owned
Features
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 737
- Total interior livable area: 737 sqft
- Finished area above ground: 737
- Finished area below ground: 0
Property
Features
- Levels: One
- Stories: 1
- Has view: Yes
- On waterfront: Yes
- Waterfront features: Waterfront-Level Bank, Pier/Dock Available, Private Beach, Walk to Lake Access, Boat Lot, Canal Front, Ski Lake, Lake
- Body of water: Lake Freeman
- Frontage length: Channel/Canal Frontage(30),Water Frontage(30)
Lot
- Size: 740 Square Feet
- Dimensions: 50x100 25x100 15x39 15x37
- Features: Irregular Lot, Few Trees, Sloped, City/Town/Suburb, Lake
Details
- Parcel number: 080416000017.000011
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1964
Utilities & green energy
- Electric: REMC
- Gas: NIPSCO
- Sewer: Private Sewer
- Water: Well
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: Yes
- HOA fee: $40 annually
Location
- Region: Monticello
Financial & listing details
- Tax assessed value: $151,300
- Annual tax amount: $1,536
- Date on market: 11/5/2025
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 1/16/2026 | Sold | $202,500-3.6% |
Source:  IRMLS #202544900 Report a problem | ||
| 12/12/2025 | Pending sale | $210,000 |
Source: IRMLS #202544900 Report a problem | ||
| 11/5/2025 | Listed for sale | $210,000-2.3% |
Source: IRMLS #202544900 Report a problem | ||
| 10/2/2025 | Listing removed | $214,900 |
Source: IRMLS #202513341 Report a problem | ||
| 9/30/2025 | Price change | $214,900+21489900% |
Source: IRMLS #202513341 Report a problem | ||
| 9/2/2025 | Listed for sale | -- |
Source: IRMLS #202513341 Report a problem | ||
| 8/16/2025 | Listing removed | -- |
Source: IRMLS #202513341 Report a problem | ||
| 8/12/2025 | Price change | $1-100% |
Source: IRMLS #202513341 Report a problem | ||
| 4/17/2025 | Listed for sale | $224,900+8.2% |
Source: IRMLS #202513341 Report a problem | ||
| 5/8/2023 | Sold | $207,900-3.3% |
Source: IRMLS #202304016 Report a problem | ||
| 4/25/2023 | Pending sale | $214,900 |
Source: IRMLS #202304016 Report a problem | ||
| 2/12/2023 | Listed for sale | $214,900 |
Source: IRMLS #202304016 Report a problem | ||
| 11/2/2022 | Listing removed | $214,900 |
Source: IRMLS #202231934 Report a problem | ||
| 9/27/2022 | Price change | $214,900-2.2% |
Source: IRMLS #202231934 Report a problem | ||
| 9/2/2022 | Price change | $219,8000% |
Source: IRMLS #202231934 Report a problem | ||
| 8/2/2022 | Price change | $219,900-2.3% |
Source: IRMLS #202231934 Report a problem | ||
| 7/21/2022 | Listed for sale | $225,000$305/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,288 +42.6% | $151,300 +10.4% |
| 2024 | $904 +18.7% | $137,100 +49.8% |
| 2023 | $761 +5.5% | $91,500 +21.2% |
| 2022 | $721 +5.2% | $75,500 +11.2% |
| 2021 | $686 +5% | $67,900 +6.9% |
| 2020 | $653 +5% | $63,500 +2.4% |
| 2019 | $622 +7.1% | $62,000 +3% |
| 2018 | $580 | $60,200 +0.5% |
| 2017 | -- | $59,900 +7.5% |
| 2016 | $517 +3.3% | $55,700 +9% |
| 2014 | $501 -6.9% | $51,100 +4.1% |
| 2013 | $538 +23% | $49,100 +15.5% |
| 2012 | $437 -7.8% | $42,500 -7.6% |
| 2011 | $475 -15.2% | $46,000 -3.2% |
| 2010 | $560 +6.4% | $47,500 +2.4% |
| 2009 | $526 -20.7% | $46,400 -5.3% |
| 2007 | $664 +6.8% | $49,000 +2.3% |
| 2006 | $622 | $47,900 |
Find assessor info on the county website
Neighborhood: 47960
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Nearby schools
GreatSchools rating
- 8/10Oaklawn Elementary SchoolGrades: K-4Distance: 2.3 mi
- 5/10Roosevelt Middle SchoolGrades: 6-8Distance: 2.9 mi
- 5/10Twin Lakes Senior High SchoolGrades: 9-12Distance: 2.8 mi
Schools provided by the listing agent
- Elementary: Meadowlawn
- Middle: Roosevelt
- High: Twin Lakes
- District: Twin Lakes School Corp.
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Indiana
- Carroll County
- Monticello
- 47960
- 10721 N Shady Ln
Nearby cities
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