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  • $414,900

    5008 E Shady Point Dr, Monticello, IN 47960

    3beds
    1,765sqft
    : 
    $2,520/mo
    Get pre-qualified
    Single Family Residence
    Built in 1979
    0.71 Acres Lot
    $398,500 Zestimate®
    $--/sqft
    $15/mo HOA

    What's special

    Charming gazeboDouble patio doorsSpacious layoutElectric boat liftElectric awningRv electrical hookupUpdated countertops
    Lake life is calling! This well-maintained 3-bedroom, 2-bath home offers the perfect combination of comfortable living, extra storage, and easy access to the water. Situated on one of the largest corner lots in the neighborhood, this property includes two parcels, giving you additional space and private lake access just across the street. Inside, you’ll find a spacious layout featuring a welcoming kitchen with a center island, soft-close cabinetry, updated countertops, and plenty of room for gathering. The primary suite includes a private en-suite bathroom, creating a comfortable retreat at the end of the day. Step outside through the double patio doors to an area complete with an electric awning, making it easy to relax and entertain in nearly any weather. The partially fenced backyard provides room for pets, play, gardening, or outdoor enjoyment. Storage is no issue with an attached 2-car garage plus two additional detached garages/storage buildings, offering space for extra vehicles, boats, recreational equipment, or a workshop. An RV electrical hookup adds even more versatility for campers, motorhomes, or specialty equipment. Just across the street, your second parcel provides access to the lake where you can spend your days boating, fishing, swimming, or simply unwinding by the water. The electric boat lift is already in place—just bring your boat—and the private pier is perfect for casting a line, enjoying the views, or watching the sunset. A charming gazebo creates the ideal spot to relax and take in the peaceful lake scenery. Whether you’re looking for a full-time residence, a weekend getaway, or the ultimate lake retreat, this property offers an incredible opportunity to enjoy everything lake living has to offer. With so many features and amenities, this home is truly one you need to experience in person. Schedule your private showing today!
    8 days
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    688
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    22
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    Zillow last checked:

    Listing updated:

    Listed by:

    Kimberly Sut 219-669-6081,

    Listing Leaders Executive Real Estate Group, LLC

    Source: IRMLS,MLS#: 202629810MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bedrooms: 3
      Bedroom 1
      • Level: Main
      Bedroom 2
      • Level: Main
      Kitchen
      • Level: Main
      • Area: 192
      • Dimensions: 16 x 12
      Living room
      • Level: Main
      • Area: 400
      • Dimensions: 20 x 20
      Heating
      • Natural Gas, Forced Air
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Dishwasher, Microwave, Refrigerator, Washer, Gas Cooktop, Dryer-Gas, Oven-Built-In, Water Softener Owned
      • Laundry: Main Level
      Features
      • Eat-in Kitchen, Kitchen Island
      • Basement: Crawl Space
      • Number of fireplaces: 1
      • Fireplace features: Family Room
      Interior area
      • Total structure area: 1,765
      • Total interior livable area: 1,765 sqft
      • Finished area above ground: 1,765
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached
      • Attached garage spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Boat Lift-Permanent
      • Has view: Yes
      • On waterfront: Yes
      • Waterfront features: Waterfront, Pier/Dock, Frontage Lot, Ski Lake, Lake
      • Body of water: Lake Shafer
      • Frontage length: Channel/Canal Frontage(26),Water Frontage(26)
      Lot
      • Size: 0.71 Acres
      • Features: Corner Lot, Few Trees, Lake
      Details
      • Additional structures: Shed(s), Second Garage, Gazebo
      • Additional parcels included: 9183-33-000-001.800-010
      • Parcel number: 918333000008.200010

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Stone, Vinyl Siding
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1979

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Well

      Community & HOA

      Community
      • Subdivision: Other
      HOA
      • Has HOA: Yes
      • HOA fee: $175 annually
      Location
      • Region: Monticello

      Financial & listing details

      • Tax assessed value: $289,600
      • Annual tax amount: $677
      • Date on market: 7/24/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan

        Estimated market value

        $398,500

        $379,000 - $418,000

        $1,663/mo

        Price history

        DateEventPrice
        7/24/2026Listed for sale$414,900-1.2%
        Source: IRMLS #202629810 Report a problem
        7/17/2026Listing removed$420,000
        Source: IRMLS #202601803 Report a problem
        6/30/2026Price change$420,000-6.7%
        Source: IRMLS #202601803 Report a problem
        1/17/2026Price change$450,000+12.5%
        Source: IRMLS #202601803 Report a problem
        5/28/2022Listed for sale$399,900
        Source: IRMLS #202220777 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,107 +32.8%$289,600 +5.2%
        2024$833 +18.4%$275,200 +32.6%
        2023$704 +42.2%$207,500 +8.9%
        2022$495 +14.7%$190,500 +23%
        2021$431 +22.5%$154,900 +11.3%
        2020$352 +71.2%$139,200 +6.8%
        2019$206 +69.5%$130,300 -0.2%
        2018$121 $130,500 +7.4%
        2017$121 -77.6%$121,500
        2016$542 $121,500 -0.7%
        2014$542 +19.3%$122,400 +1%
        2013$454 -17.5%$121,200 -0.8%
        2012$551 -18.5%$122,200 -11.6%
        2011$675 -19.8%$138,300 -10.8%
        2010$842 +14%$155,000 +3.7%
        2009$739 $149,400
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 47960

        Getting around

        1 / 100
        Car-Dependent
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: North White Primary
        • Middle: North White Jr/Sr
        • High: North White Jr/Sr
        • District: North White 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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