Charming Waterfront Home on Lake Shafer. Enjoy lake life in this inviting 2-bedroom, 1-bathroom home with 50 feet of waterfront and stunning views. Relax and entertain with your very own hot tub, above-ground pool, and waterfront deck perfect for summer days and nights by the water. This property also features a tankless water heater and water softener for added comfort and efficiency. Whether you’re looking for a weekend getaway or a full-time residence, this lakefront retreat offers the perfect blend of relaxation and convenience.
Active under contract
Price cut: $10K (6/8)
$329,000
5220 E Wenz Dr, Monticello, IN 47960
2beds
960sqft
Single Family Residence
Built in 1929
8,973 Square Feet Lot
$319,500 Zestimate®
$--/sqft
$-- HOA
What's special
Waterfront deckHot tubStunning viewsAbove-ground pool
- 320 days |
- 946 |
- 42 |
Zillow last checked:
Listing updated:
Listed by:
Michelle Gerhart mgerhart@vogel-real-estate.com,
VOGEL REAL ESTATE
Source: IRMLS,MLS#: 202534541
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bedrooms: 2
Bedroom 1
- Level: Main
Bedroom 2
- Level: Main
Dining room
- Level: Main
- Area: 108
- Dimensions: 12 x 9
Family room
- Level: Lower
- Area: 432
- Dimensions: 24 x 18
Kitchen
- Level: Main
- Area: 140
- Dimensions: 10 x 14
Living room
- Level: Main
- Area: 180
- Dimensions: 15 x 12
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Microwave, Refrigerator, Electric Oven, Electric Range, Tankless Water Heater, Water Softener Owned
- Laundry: Main Level, Washer Hookup
Features
- Open Floorplan, Tub/Shower Combination
- Windows: Window Treatments
- Basement: Partial,Walk-Out Access,Exterior Entry
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,656
- Total interior livable area: 960 sqft
- Finished area above ground: 960
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Detached
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Covered, Patio
- Pool features: Above Ground
- Fencing: None
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Waterfront, Lake, Waterfront-Medium Bank, Deck on Waterfront, Deeded, Lake Front, Ski Lake
- Body of water: Lake Shafer
- Frontage length: Channel/Canal Frontage(50),Water Frontage(50)
Lot
- Size: 8,973 Square Feet
- Dimensions: 50x
- Features: Rural Subdivision
Details
- Additional structures: Shed
- Parcel number: 917309000009.100011
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cabin/Cottage
- Property subtype: Single Family Residence
Materials
- Cedar
- Roof: Asphalt,Shingle
Condition
- New construction: No
- Year built: 1929
Utilities & green energy
- Sewer: Regional
- Water: Well
Community & HOA
Community
- Subdivision: None
Location
- Region: Monticello
Financial & listing details
- Tax assessed value: $338,000
- Annual tax amount: $1,517
- Date on market: 8/28/2025
Estimated market value
$319,500
$304,000 - $335,000
$1,892/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/8/2026 | Price change | $329,000-2.9% |
Source:  IRMLS #202534541 Report a problem | ||
| 5/12/2026 | Price change | $339,000-8.3% |
Source: IRMLS #202534541 Report a problem | ||
| 4/29/2026 | Price change | $369,500-1.3% |
Source: IRMLS #202534541 Report a problem | ||
| 11/18/2025 | Price change | $374,500-1.2% |
Source: IRMLS #202534541 Report a problem | ||
| 8/28/2025 | Listed for sale | $379,000 |
Source: IRMLS #202534541 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,517 +13.9% | $338,000 +9% |
| 2024 | $1,332 +2.5% | $310,200 +10.6% |
| 2023 | $1,300 +1.4% | $280,500 +10.3% |
| 2022 | $1,282 -40.5% | $254,300 +4.7% |
| 2021 | $2,156 +10.1% | $243,000 +20.1% |
| 2020 | $1,957 +3.7% | $202,400 +5.4% |
| 2019 | $1,888 +7.6% | $192,100 +1.9% |
| 2018 | $1,756 | $188,600 +0.4% |
| 2017 | $1,756 +170.2% | $187,900 -0.1% |
| 2016 | $650 | $188,000 +7.1% |
| 2014 | $650 +0.4% | $175,500 +0.6% |
| 2013 | $647 -5.8% | $174,500 -2.5% |
| 2012 | $687 +2.6% | $179,000 +2.1% |
| 2011 | $670 -21.7% | $175,300 -4.8% |
| 2010 | $856 +2.8% | $184,200 -3.5% |
| 2009 | $833 | $190,900 +21.8% |
| 2007 | -- | $156,700 +4.1% |
| 2006 | -- | $150,500 +30.2% |
| 2005 | -- | $115,600 |
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.Climate risks
Neighborhood: 47960
Nearby schools
GreatSchools rating
- 6/10Eastlawn Elementary SchoolGrades: PK-4Distance: 8.6 mi
- 5/10Roosevelt Middle SchoolGrades: 6-8Distance: 3.7 mi
- 5/10Twin Lakes Senior High SchoolGrades: 9-12Distance: 3.8 mi
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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