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    • Price cut: $10K (6/30)
    $329,900

    5129 E Shady Point Dr, Monticello, IN 47960

    2beds
    900sqft
    : 
    $1,992/mo
    Get pre-qualified
    Single Family Residence
    Built in 1940
    5,227 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Partially covered lakeside deckBright lakeside feel throughoutOpen concept home
    Enjoy panoramic Main Lake Shafer views from this clean and well kept 2 bedroom, 2 bath waterfront cottage offering 50’ of prime lake frontage. This open concept home packs a ton of charm into its 900 square feet, creating the perfect lake getaway or weekend retreat. Relax on the partially covered lakeside deck while taking in breathtaking water views and sunsets across the main lake. The interior is neat, inviting, and move-in ready with a bright lakeside feel throughout. A concrete seawall adds lasting shoreline protection and easy access to the water. Whether you’re boating, entertaining, or simply unwinding at the lake, this cottage delivers the ideal Lake Shafer lifestyle.
    65 days
    |
    922
    |
    31
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Nathan Walts 574-870-2378,

    REAL ESTATE NETWORK L.L.C

    Source: IRMLS,MLS#: 202619694MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bedrooms: 2
      Bedroom 1
      • Level: Main
      Bedroom 2
      • Level: Main
      Kitchen
      • Level: Main
      • Area: 221
      • Dimensions: 17 x 13
      Living room
      • Level: Main
      • Area: 276
      • Dimensions: 12 x 23
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Range/Oven Hook Up Elec, Microwave, Refrigerator, Washer, Dryer-Electric, Electric Oven, Electric Range
      • Laundry: Electric Dryer Hookup, Main Level, Washer Hookup
      Features
      • 1st Bdrm En Suite, Ceiling Fan(s), Laminate Counters, Eat-in Kitchen, Open Floorplan, Stand Up Shower, Tub/Shower Combination
      • Flooring: Carpet, Vinyl
      • Basement: Crawl Space,Block
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 900
      • Total interior livable area: 900 sqft
      • Finished area above ground: 900
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Parking features: Gravel
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Deck Covered, Deck, Porch Covered
      • On waterfront: Yes
      • Waterfront features: Lake, Deck on Waterfront, Pier/Dock, Lake Front, Ski Lake
      • Body of water: Lake Shafer
      • Frontage length: Channel/Canal Frontage(0),Water Frontage(50)
      Lot
      • Size: 5,227 Square Feet
      • Dimensions: 50 x 110
      • Features: Level, Lake
      Details
      • Additional structures: Shed
      • Parcel number: 918333000007.100010
      • Zoning: L-1

      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: 1940

      Utilities & green energy

      • Sewer: Regional
      • Water: Well
      • Utilities for property: Cable Available, Cable Connected

      Community & HOA

      Community
      • Subdivision: Shady Point Park
      Location
      • Region: Monticello

      Financial & listing details

      • Tax assessed value: $232,600
      • Annual tax amount: $1,680
      • Date on market: 5/22/2026
      • Listing terms: Cash,Conventional
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/30/2026Price change$329,900-2.9%
        Source: IRMLS #202619694 Report a problem
        5/22/2026Listed for sale$339,900+106%
        Source: IRMLS #202619694 Report a problem
        5/17/2011Sold$165,000$183/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,949 +2.4%$232,600 -2.5%
        2024$1,903 +3.2%$238,500 +8.9%
        2023$1,844 +5.2%$219,000 +18.5%
        2022$1,752 -3.3%$184,800 +8.1%
        2021$1,813 +18.7%$171,000 +5.8%
        2020$1,527 +3.9%$161,600 +10.9%
        2019$1,470 +0.1%$145,700 +1.5%
        2018$1,468 $143,500 +7.2%
        2017$1,468 -2.9%$133,900 -0.1%
        2016$1,513 $134,000 -6.4%
        2014$1,513 +15.8%$143,100 +0.4%
        2013$1,306 -19.4%$142,500 -0.7%
        2012$1,621 -11.8%$143,500 -10.5%
        2011$1,837 -9.9%$160,400 -5.1%
        2010$2,040 -0.2%$169,000 -3.6%
        2009$2,044 $175,400
        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.
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        Climate risks

        Neighborhood: 47960

        Getting around

        0 / 100
        Car-Dependent
        23 / 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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