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    • Price cut: $125K (6/25)
    $1,050,000

    4954 E Bay Front Ct, Monticello, IN 47960

    5beds
    4,378sqft
    : 
    $6,271/mo
    Get pre-qualified
    Single Family Residence
    Built in 1948
    0.61 Acres Lot
    $986,200 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Partially finished basementGas fireplaceSwim platformOutdoor kitchenHot tubMain bedroom suiteCircular asphalt driveway
    PRICE RECUDED !! 5 bed/4 full bath Lake Shafer/Kean's bay 2 house Beauty with a Classy mixture of modern updates and original charm. Main house has modern Quartz/Oak Kitchen with new stainless appliances, recessed lighting. Original Living room has knotty pine ceilings, hardwood flooring, huge brick fireplace/hearth. Oversized Main Bedroom Suite with high end tiled shower and bath that will rival some of the best constructed/designed homes in the Midwest. This sprawling estate has a panoramic view of Bay & Main Lake Shafer/Tippecanoe Country Club. Guest cottage on own parcel with waterfrontage can be rented out for additional income. 44x22 Family Room with cedar beams/walls/ceilings, gas fireplace and bar for entertaining. Outside amenities include; vinyl deck railing, granite outdoor kitchen with composite decking and hot tub, multiple level decks with fresh stain, brick paver patios/porches and walkways, private main bedroom suite balcony lakeside with private exterior access, circular asphalt driveway. Waterfront improvements consist of; permanent covered lift/pwc lift, huge 1,000 sqft. deck lakeside with slide to water, swim platform. Partially finished basement with full bathroom, new flooring. Main house has multiple zones for heating/cooling. Furnishings are negotiable for a turn-key multi-house estate.
    324 days
    |
    703
    |
    24
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Gregory Vogel II, Gri gvogeljr@vogel-real-estate.com,

    VOGEL REAL ESTATE

    Source: IRMLS,MLS#: 202535802MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 4
      • Main level bedrooms: 3
      Bedroom 1
      • Level: Upper
      Bedroom 2
      • Level: Main
      Dining room
      • Level: Main
      • Area: 110
      • Dimensions: 10 x 11
      Family room
      • Level: Main
      • Area: 946
      • Dimensions: 43 x 22
      Kitchen
      • Level: Main
      • Area: 200
      • Dimensions: 20 x 10
      Living room
      • Level: Main
      • Area: 304
      • Dimensions: 19 x 16
      Heating
      • Electric, Natural Gas, Conventional, Forced Air, Zoned
      Cooling
      • Central Air, Zoned
      Appliances
      • Included: Range/Oven Hook Up Gas, Dishwasher, Microwave, Refrigerator, Washer, Dryer-Gas, Gas Water Heater, Water Softener Rented
      Features
      • Ceiling-9+, Vaulted Ceiling(s), Countertops-Solid Surf, Stand Up Shower, Tub and Separate Shower
      • Flooring: Hardwood, Laminate, Tile
      • Windows: Window Treatments
      • Basement: Crawl Space,Partial,Partially Finished,Block
      • Number of fireplaces: 2
      • Fireplace features: Family Room, Living Room, Gas Log
      Interior area
      • Total structure area: 5,234
      • Total interior livable area: 4,378 sqft
      • Finished area above ground: 4,258
      • Finished area below ground: 120

      Property

      Parking
      • Parking features: Asphalt, Circular Driveway
      • Has uncovered spaces: Yes
      Features
      • Levels: One and One Half
      • Stories: 1.5
      • Patio & porch: Deck, Porch Covered
      • Exterior features: Balcony, Boat Lift-Covered, Boat Lift-Permanent, PWC Lift/Ramp-Temp
      • Has spa: Yes
      • Spa features: Jet/Garden Tub
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Water view: Water
      • Waterfront features: Waterfront, Waterfront-Medium Bank, Deck on Waterfront, Boat Lot, Lake Front, Ski Lake, Lake
      • Body of water: Lake Shafer
      • Frontage length: Channel/Canal Frontage(120),Water Frontage(120)
      Lot
      • Size: 0.61 Acres
      • Dimensions: 79x213, 39x222
      • Features: 0-2.9999, Lake
      Details
      • Additional structures: Shed(s), Shed
      • Additional parcels included: 9173-08-000-017.201-011
      • Parcel number: 917308000017.200011
      • Zoning: L-1

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Other
      • Property subtype: Single Family Residence
      Materials
      • Aluminum Siding
      Condition
      • New construction: No
      • Year built: 1948

      Utilities & green energy

      • Sewer: Regional
      • Water: Well

      Community & HOA

      Community
      • Subdivision: Keans Bay
      Location
      • Region: Monticello

      Financial & listing details

      • Tax assessed value: $786,700
      • Annual tax amount: $8,658
      • Date on market: 9/5/2025

        Estimated market value

        $986,200

        $937,000 - $1.04M

        $2,568/mo

        Price history

        DateEventPrice
        6/25/2026Price change$1,050,000-10.6%
        Source: IRMLS #202535802 Report a problem
        9/5/2025Listed for sale$1,175,000+74.1%
        Source: IRMLS #202535802 Report a problem
        2/2/2020Listing removed$675,000$154/sqft
        Source: Keller Williams Monticello #201932919 Report a problem
        8/1/2019Price change$675,000-2.9%$154/sqft
        Source: Keller Williams NW Indiana #448143 Report a problem
        1/3/2019Listed for sale$695,000$159/sqft
        Source: Keller Williams NW Indiana #438806 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,006 +12.3%$786,700 +11.1%
        2024$6,238 +13.8%$708,200 +15.3%
        2023$5,480 +3.6%$614,000 +15.6%
        2022$5,292 +12.3%$531,300 +5.7%
        2021$4,712 +12.8%$502,700 +13.6%
        2020$4,177 -47.9%$442,400 +7.9%
        2019$8,015 -18%$410,000 +1.8%
        2018$9,779 +170.2%$402,900 +4%
        2017$3,619 +3.7%$387,400 -0.7%
        2016$3,490 $390,100 +3.2%
        2014$3,490 -0.1%$377,900 -0.2%
        2013$3,493 -2.9%$378,500 +0.1%
        2012$3,597 -8.2%$378,300 -21.3%
        2011$3,918 -32.7%$480,800 -8.2%
        2010$5,823 -1.9%$523,900 -5.8%
        2009$5,935 $556,200
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 47960

        Getting around

        1 / 100
        Car-Dependent
        21 / 100
        Somewhat Bikeable

        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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