Active

Price cut: $64K (8/6)

$399,900

5182 E Highland Cove Ct, Monticello, IN 47960

4beds

2,106sqft

$2,427/mo

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Single Family Residence

Built in 2001

0.27 Acres Lot

$394,100 Zestimate^®

$--/sqft

$13/mo HOA

What's special

Lake viewsLakefront home

Lake life meets classic summer fun at this 4-bed, 3-bath, two-story lakefront home on Lake Shafer! Located just a short walk from the rides, boardwalk vibes, and fireworks of Indiana Beach Amusement Park. With spacious living areas and lake views, this home is built for hosting friends, family, and unforgettable weekends. It’s priced to sell and ready for a fresh look—bring your vision to add modern style and personality. An added bonus: the neighboring home is also available, with options to purchase both together. One great opportunity, endless possibilities, and summer memories waiting to happen on the lake.

190 days
624
22

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 3

Bedroom 1

Level: Upper

Bedroom 2

Level: Upper

Dining room

Level: Main
Area: 120
Dimensions: 12 x 10

Family room

Level: Main
Area: 168
Dimensions: 12 x 14

Kitchen

Level: Main
Area: 110
Dimensions: 11 x 10

Living room

Level: Main
Area: 270
Dimensions: 18 x 15

Heating

Natural Gas, Forced Air

Cooling

Central Air

Appliances

Included: Dishwasher, Microwave, Refrigerator, Washer, Dryer-Electric, Gas Range
Laundry: Main Level

Features

Ceiling Fan(s), Vaulted Ceiling(s)
Basement: None
Number of fireplaces: 1
Fireplace features: Living Room

Interior area

Total structure area: 2,106
Total interior livable area: 2,106 sqft
Finished area above ground: 2,106
Finished area below ground: 0

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 2
Parking features: Attached
Attached garage spaces: 2

Features

Levels: Two
Stories: 2
Has view: Yes
On waterfront: Yes
Waterfront features: Waterfront, Bayfront, Ski Lake, Lake
Body of water: Lake Shafer
Frontage length: Channel/Canal Frontage(0),Water Frontage(144)

Lot

Size: 0.27 Acres
Dimensions: 105X127
Features: Sloped, Lake

Details

Parcel number: 917316000010.500020

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Brick, Vinyl Siding
Foundation: Slab
Roof: Shingle

Condition

New construction: No
Year built: 2001

Utilities & green energy

Sewer: Regional
Water: Well

Community & HOA

Community

Subdivision: None

HOA

Has HOA: Yes
HOA fee: $155 annually

Location

Region: Monticello

Financial & listing details

Tax assessed value: $356,200
Annual tax amount: $4,062
Date on market: 2/20/2026
Listing terms: Cash,Conventional

Estimated market value

$394,100

$374,000 - $414,000

$1,970/mo

Price history

Date	Event	Price
8/6/2026	Price change	$399,900-13.8%
Source: IRMLS #202605409 Report a problem
5/22/2026	Price change	$463,900-2.1%
Source: IRMLS #202605409 Report a problem
5/6/2026	Price change	$473,900-0.2%
Source: IRMLS #202605409 Report a problem
3/30/2026	Price change	$474,900-9.5%
Source: IRMLS #202605409 Report a problem
2/20/2026	Listed for sale	$524,900
Source: IRMLS #202605409 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,062 +17%	$356,200 +6.6%
2024	$3,472 +6.1%	$334,000 +10.8%
2023	$3,272 +16.9%	$301,400 +7%
2022	$2,799 -13.5%	$281,800 +19.6%
2021	$3,235 +3.5%	$235,600 -12.5%
2020	$3,125 +29.6%	$269,400 -0.6%
2019	$2,411 +10.8%	$271,100 +27.8%
2018	$2,177	$212,100 +3.8%
2017	$2,177 +9%	$204,300 +8.3%
2016	$1,998	$188,700 -1.9%
2014	$1,998 -0.4%	$192,300 -0.1%
2013	$2,006 -1.1%	$192,400 +1.3%
2012	$2,030 -11.6%	$190,000 -12.6%
2011	$2,295 -28%	$217,400 -16.6%
2010	$3,188 +4.1%	$260,800
2009	$3,062	$260,800