Price Reduction - Waterfront - Primary on Main
Address
5129 E Shady Point Drive, Monticello, IN
Price
$ 319,900
Property Attributes
  • MLS#202619694
  • TypeSingle Family
  • Listing Status Active
  • CountyWHITE
  • CityMonticello
  • AreaLiberty
  • NeighborhoodShady Point Park
  • Zip47960
  • StyleCabin/Cottage
  • Year Built1940
  • Taxes$ 1680
  • Price$ 319,900
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage900
  • Lot Size0.12 Acres
Data Source:
Indiana Regional MLS (IRMLS)
Property Description

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 youre boating, entertaining, or simply unwinding at the lake, this cottage delivers the ideal Lake Shafer lifestyle.

Elementary School Middle School High School
North White Primary Elementary School North White Jr/Sr Middle School North White Jr/Sr High School
Price History
5/22/2026 Listed $339,900
6/30/2026 3$329,900
9/2/2026 4$319,900

General Features

Sewer Regional
Heating Forced Air
Kitchen Level Main
Cooling Central Air
Laundry Y/N Main
Fireplaces No
Water Access Type Lakefront
Amenities 1st Bdrm En Suite,Cable Available,Cable Ready,Ceiling Fan(s),Countertops-Laminate,Deck Covered,Deck Open,Deck on Waterfront,Dryer Hook Up Electric,Eat-In Kitchen,Open Floor Plan,Porch Covered,Range/O
Status Active
Full Baths 2
Bathrooms 2
Year Built 1940
New Construction No
Subdivision Shady Point Park
Style One Story
Township Liberty
Class RESIDENTIAL
Type Site-Built Home
Age 86
FIPS Code 18181
Inside City Limits No
Associated Document Count 1
REO No
Status Active
Auction Y/N No
Annual Taxes 1680.92
Area White County
Location Lake
High School North White Jr/Sr
City Monticello
School District North White School Corp.
Assoc. Dues Frequency Not Applicable
Other Fee Description SFLECC
Other Fees $ 175
Other Fees Frequency Annually
Architectural Style Cabin/Cottage
Total Sq Ft 900
Elementary School North White Primary
Middle School North White Jr/Sr
Legal Description SHADY POINT PARK ADD LOT 9
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202619694
Agent First Name Nathan
Agent Last Name Walts
DOM 117
Tax Year 2026
PROPOSED FINANCING Cash,Conventional

Interior Features

Basement Crawl
Flooring Carpet,Vinyl
Kitchen Length 17
Kitchen Width 13
Beds 2
Total Rooms 4
Fireplace None
Living Room Width 23
Living Room Length 12
Full Baths Main 2
Total Finished SqFt 900
Basement Y/N No
Above Grade Bedrooms 2
1st Bedroom Level Main
1st Bedroom Width 9
2nd Bedroom Length 9
2nd Bedroom Level Main
2nd Bedroom Width 8
Above Grade Finished SqFt 900
Living/Great Rm Level Main
Main Level SqFt 900
Basement Material Block

Exterior Features

Road Surface Asphalt
Road Access County
Exterior Vinyl
Water Frontage 50
Driveway Gravel
Pool No
Waterfront Lake
Lot Size Area 5227
Lot Dimensions 50 x 110
Lot Description Level,Lake
Water Features Pier/Dock
Well Type Private
Water Name Lake Shafer
Approx. Lot Size Acres 0.12
Off Street Parking Y/N Yes
ROOF MATERIAL Shingle
Lake Ski Lake
Waterfront Y/N Yes
Garage Y/N No
County Zoning L-1 Lake District

Amenities

  • Foreclosure
  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided by the Indiana Regional MLS. Information last updated on September 17, 2026 1:00 PM UTC

Property vs Single Family Average in 47960

Price
AVG $360K
$320K
Taxes
AVG $2,056
$1,680
Year Built
AVG 1963
1940
Visits
AVG 57
5
Data Provided by Inside Real Estate®

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