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  • $262,000

    10948 N Lower Lake Shore Dr, Monticello, IN 47960

    2beds
    768sqft
    Single Family Residence
    Built in 1939
    3,441 Square Feet Lot
    $268,400 Zestimate®
    $--/sqft
    $1,348 Estimated rent

    Home value

    $268,400

    Estimated sales range

    Not available

    $1,348/mo

    Zestimate® history
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    What's special

    Shaded yardDining spaceDeck spaceLake-level water frontageWasher and dryerWhite cabinet kitchenGrilling or smoking activities
    43Ft of LAKE-LEVEL WATER FRONTAGE ON FREEMAN!! Sorry for yelling, but It’s not too late to pick up a great investment before the end of the tax year!! Located in Carroll County where you can short term rent is (several successful Air B/Bs and VRBO’s in the immediate area-this cottage could sleep 8+and comes completely furnished so its turn key and ready to make money if one desires) this adorable and affordable lake cottage that could be both a weekend getaway and a money-maker. This golf cart community-cottage is just enough space to where you can come in, drop your bags, and get your boat in the water vs coming up to maintain the property the whole weekend!! Pulling up to the home, you’ll find 3 parking spots for you and guests. After walking down the stairs and over the newer retaining wall, you’ll first find a deck space spanning 23x10 that’s perfect for any grilling or smoking activities (peep the lake themed decor on the privacy wall). Go past the cottage and to the right you’ll find another large deck space measuring 23x10. All of this decking was installed in 2020 and even has pub seating around the perimeter-tons of space for entertaining!! We’ll stay outside and head down a few stairs to the shaded yard that is small enough to weed eat, but large enough to still have green space for the kiddos. Heading to the dock you’ll find 2 piers with two boat slips (A THIRD pier is also shared with a neighbor, and this agreement is in writing). You can also take a few steps down and get right in the water-all of these options come from that 40+ feet of frontage. So now let’s head back into the house where you’ll find 2 bedrooms-one of which is large enough for a queen size bed and the other houses bunk beds for the kids. After walking through the entryway and past the bedrooms, you’ll find one of the main reasons you bought this place via a great room with a wall of windows to view the lake. The current owners have also carved out a small space for another bed in the corner that doesn’t take away from the living space and is hidden by a curtain. The white cabinet kitchen is enough space to prep for the cookout and there’s plenty of seating in the dining space that has a large table with built-in booth seating. There’s a full bathroom with a granite topped vanity and a shower/tub combo for the little ones, and you can go home with no laundry via the washer and dryer. Last features include a new roof (2024), new plumbing (18), bedroom LVP (19). Hurry!!

    Zillow last checked:

    Listing updated:

    Listed by:

    Gregory Sporre Cell:765-413-0497,

    Keller Williams Lafayette

    Bought with:

    Dustin Robinson, RB20002060

    Lafayette Listing Realty LLC

    Source: IRMLS,MLS#: 202542035MLS Logo

    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: 110
    • Dimensions: 11 x 10
    Kitchen
    • Level: Main
    • Area: 60
    • Dimensions: 10 x 6
    Living room
    • Level: Main
    • Area: 184
    • Dimensions: 23 x 8
    Heating
    • None
    Cooling
    • None
    Appliances
    • Included: Microwave, Refrigerator, Washer, Dryer-Electric, Electric Oven, Electric Water Heater
    • Laundry: Electric Dryer Hookup, Main Level
    Features
    • Entrance Foyer, Tub/Shower Combination
    • Flooring: Carpet, Vinyl
    • Windows: Window Treatments
    • Basement: None
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 768
    • Total interior livable area: 768 sqft
    • Finished area above ground: 768
    • Finished area below ground: 0

    Property

    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck
    • Exterior features: Fire Pit, Boat Lift-Covered
    • Fencing: None
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Waterfront, Lake, Waterfront-Level Bank, Pier/Dock, Lake Front, Ski Lake
    • Body of water: Lake Freeman
    • Frontage length: Channel/Canal Frontage(0),Water Frontage(43)
    Lot
    • Size: 3,441 Square Feet
    • Dimensions: 73x47
    • Features: Level, Lake
    Details
    • Additional structures: Shed
    • Parcel number: 080416000191.000011

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cabin/Cottage
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1939

    Utilities & green energy

    • Sewer: Regional
    • Water: Well

    Community & HOA

    Community
    • Subdivision: Sunset Park
    Location
    • Region: Monticello

    Financial & listing details

    • Tax assessed value: $198,800
    • Annual tax amount: $1,387
    • Date on market: 10/16/2025
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    11/17/2025Sold$262,000-1.1%
    Source: IRMLS #202542035 Report a problem
    11/17/2025Pending sale$264,900
    Source: IRMLS #202542035 Report a problem
    10/16/2025Listed for sale$264,900+176500%
    Source: IRMLS #202542035 Report a problem
    6/19/2014Sold$150-99.9%
    Source: Agent Provided Report a problem
    5/7/2014Listed for sale$176,900$230/sqft
    Source: Visual Tour #22239 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,388 +8.9%$198,800 +34.6%
    2024$1,274 +4.8%$147,700 +14.5%
    2023$1,216 +0.4%$129,000 +7%
    2022$1,211 +2.7%$120,600 +5.8%
    2021$1,180 +3.9%$114,000 +4.3%
    2020$1,136 +3.9%$109,300 +1.3%
    2019$1,093 +6.8%$107,900 +1.9%
    2018$1,024 $105,900 +0.2%
    2017-- $105,700 -4.9%
    2016$1,095 +1.1%$111,100 +0.5%
    2014$1,083 -8%$110,500 +2.8%
    2013$1,178 +5.8%$107,500 -0.6%
    2012$1,113 +2.8%$108,100 +3.1%
    2011$1,082 -15.1%$104,900 -3%
    2010$1,275 +5.7%$108,100 +1.7%
    2009$1,206 +56.6%$106,300 +87.1%
    2007$770 +16.5%$56,800 +5.4%
    2006$661 $53,900
    Find assessor info on the county website

    Neighborhood: 47960

    Nearby schools

    GreatSchools rating
    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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    $273,768