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Off market
  • $1,271,700

    5088 E Indiana Beach Rd, Monticello, IN 47960

    18beds
    5,000sqft
    SingleFamily
    Built in 1980
    10,140 Square Feet Lot
    $1,271,700 Zestimate®
    $254/sqft
    $1,501 Estimated rent

    Home value

    $1,271,700

    $1.21M - $1.34M

    $1,501/mo

    Zestimate® history
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    What's special

    Alexander’s Landing is located right on Lake Shafer and only 200 yards from the entrance to Indiana Beach. This is a great opportunity for a new buyer to purchase a 9-unit resort hotel that can accommodate up to 56 guests. The property has solid financials and a great reputation with many repeat guests. This is a turnkey opportunity for a buyer to step in and continue running the hotel. Rated the area’s top hotel in 2024. It could easily be converted into a private family retreat or the buyer could keep one of the larger units for themselves and continue to rent out the remaining units. The property has one of the largest decks on the lake and has 6 boat slips. With multiple awards and a 4.5-star Google rating, this top-rated hotel is a sought-after destination for those seeking relaxation and adventure in Monticello, Indiana. Embrace the opportunity to own a thriving hospitality business in a prime waterfront location. Adam McNeil – (303) 919-7637 or email at armcneil@wiselycr.com Hotel Website: https://www.alexanderslandingresort.com/ Video #1 https://youtu.be/pPaTfmP_N_E Video #2 https://youtu.be/pPaTfmP_N_E Listing Website: https://www.wiselycr.com

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 18
    • Bathrooms: 12
    • Full bathrooms: 12
    Heating
    • Other
    Features
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 5,000 sqft

    Property

    Lot
    • Size: 10,140 Square Feet
    Details
    • Parcel number: 917316000022000020

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Frame
    • Foundation: Crawl/Raised
    • Roof: Asphalt
    Condition
    • Year built: 1980

    Community & HOA

    Location
    • Region: Monticello

    Financial & listing details

    • Price per square foot: $254/sqft
    • Tax assessed value: $364,400
    • Annual tax amount: $3,670

    Price history

    DateEventPrice
    6/9/2026Listing removed$1,350,000
    Source: IRMLS #202619381 Report a problem
    5/21/2026Listed for sale$1,350,000+3.9%
    Source: IRMLS #202619381 Report a problem
    5/25/2025Listing removed--
    Source: Owner Report a problem
    2/24/2025Listed for sale$1,299,000$260/sqft
    Source: Owner Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,670 +0.7%$364,400 +20.7%
    2024$3,646 0%$301,800 -4.6%
    2023$3,648 +2.8%$316,500 +0.7%
    2022$3,548 -3.8%$314,200 +5.2%
    2021$3,689 +3.6%$298,600 -2.8%
    2020$3,559 +0.9%$307,200 -0.5%
    2019$3,527 +4.2%$308,800 -0.5%
    2018$3,385 $310,300 -2.3%
    2017$3,385 +1%$317,700 -0.8%
    2016$3,353 $320,200 -2.2%
    2014$3,353 -4.9%$327,400 -0.8%
    2012$3,526 $330,100
    Find assessor info on the county website

    Neighborhood: 47960

    Nearby schools

    GreatSchools rating
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    $1,271,700
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    +$25,434
    With Zillow Showcase(estimated)
    $1,297,134