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  • Price cut: $10K (5/28)
    $269,900

    5255 E Bay Front Ct, Monticello, IN 47960

    2beds
    840sqft
    : 
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    Single Family Residence
    Built in 1960
    9,060 Square Feet Lot
    $258,700 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Large deckQuartz countertopsRemarkable craftsmanshipTankless water heaterHigh-end finishesOpen-concept layoutStainless steel appliances
    Welcome to 5255 E Bay Front Court, a stunningly renovated lakefront home nestled on the serene shores of Lake Shafer. Situated on the most sought after private and peaceful bayfront, Keans Bay. This property offers the perfect blend of modern luxury and relaxed lakeside living, making it an ideal year-round residence, vacation home, or investment opportunity. Stepping inside, you'll discover a completely updated interior featuring high-end finishes, remarkable craftsmanship, and an open-concept layout. The gourmet kitchen features custom cabinetry, quartz countertops, tiled-backsplash, and stainless steel appliances, seamlessly flowing into the spacious living and dining areas—perfect for entertaining or unwinding with family and friends. Outdoor living is equally impressive, with a large deck, stepping stone pavers, carport, shed, and a deeded private lot w/ new dock/seawall and boat lift for direct access to boating, fishing, and all that Lake Shafer has to offer. Located in a quiet, sought-after neighborhood, this turn-key lake home provides both privacy and convenience—just minutes from Indiana Beach, dining, shopping, and local attractions. Other noteworthy details include new ac/furnace, tankless water heater, siding, roof, electrical (200 amp), and water lines. You don’t find affordable, move-in-ready lake homes like this—here’s your chance to own something truly special. Schedule today!
    110 days
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    646
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    31
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    Zillow last checked:

    Listing updated:

    Listed by:

    Cody Miller 219-816-2752,

    Raeco Realty

    Source: IRMLS,MLS#: 202611348MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bedrooms: 2
      Bedroom 1
      • Level: Main
      Bedroom 2
      • Level: Main
      Dining room
      • Level: Main
      • Area: 112
      • Dimensions: 7 x 16
      Kitchen
      • Level: Main
      • Area: 110
      • Dimensions: 11 x 10
      Living room
      • Level: Main
      • Area: 192
      • Dimensions: 12 x 16
      Heating
      • Forced Air
      Cooling
      • Central Air
      Features
      • Has basement: No
      • Number of fireplaces: 1
      • Fireplace features: Electric
      Interior area
      • Total structure area: 840
      • Total interior livable area: 840 sqft
      • Finished area above ground: 840
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Features
      • Levels: One
      • Stories: 1
      • On waterfront: Yes
      • Waterfront features: Bayfront, Ski Lake, Lake
      • Body of water: Lake Shafer
      • Frontage length: Channel/Canal Frontage(0),Water Frontage(13)
      Lot
      • Size: 9,060 Square Feet
      • Features: Level
      Details
      • Additional structures: Shed
      • Additional parcels included: 9173-09-000-021.200-011
      • Parcel number: 917309000021.100011

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Vinyl Siding
      • Foundation: Slab
      Condition
      • New construction: No
      • Year built: 1960

      Utilities & green energy

      • Sewer: Regional
      • Water: Well

      Community & HOA

      Community
      • Subdivision: Keans Bay
      Location
      • Region: Monticello

      Financial & listing details

      • Tax assessed value: $104,900
      • Annual tax amount: $1,181
      • Date on market: 4/3/2026

        Estimated market value

        $258,700

        $246,000 - $272,000

        $1,795/mo

        Price history

        DateEventPrice
        5/28/2026Price change$269,900-3.6%
        Source: IRMLS #202611348 Report a problem
        4/3/2026Listed for sale$279,900
        Source: IRMLS #202611348 Report a problem
        2/1/2026Listing removed$279,900
        Source: IRMLS #202542113 Report a problem
        10/16/2025Listed for sale$279,900
        Source: IRMLS #202542113 Report a problem
        10/6/2025Listing removed$279,900
        Source: IRMLS #202511512 Report a problem
        8/29/2025Price change$279,900-1.8%
        Source: IRMLS #202511512 Report a problem
        8/4/2025Price change$284,900-1.7%
        Source: IRMLS #202511512 Report a problem
        7/6/2025Price change$289,900-3.3%
        Source: IRMLS #202511512 Report a problem
        5/23/2025Price change$299,900-3.2%
        Source: IRMLS #202511512 Report a problem
        4/5/2025Listed for sale$309,900+164.9%
        Source: IRMLS #202511512 Report a problem
        6/30/2023Sold$117,000-8.5%
        Source: IRMLS #202322851 Report a problem
        3/31/2022Pending sale$127,900
        Source: IRMLS #202204382 Report a problem
        2/11/2022Listed for sale$127,900
        Source: IRMLS #202204382 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,029 +483.9%$104,900 +0.9%
        2024$176 -1.6%$104,000 +33.8%
        2023$179 -70.7%$77,700 +9.3%
        2022$612 +9.2%$71,100 +22.4%
        2021$560 +13.4%$58,100 +10.5%
        2020$494 +1.8%$52,600 +8.5%
        2019$486 +7.6%$48,500
        2018$451 $48,500 +0.4%
        2017$451 +8925.2%$48,300 -1.2%
        2016$5 $48,900 -0.4%
        2014$5 $49,100 +1%
        2013$5 $48,600 -0.2%
        2012$5 $48,700 +8.5%
        2011-- $44,900 -10.7%
        2010$7 +8.4%$50,300
        2009$7 $50,300
        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

        0 / 100
        Car-Dependent
        26 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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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