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10959 N Lower Lake Shore Drive Monticello, IN $ 280,000
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10959 N Lower Lake Shore Drive
$ 280,000
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10959 N Lower Lake Shore Drive

Monticello, IN, 47960
$ 280,000
Bedrooms2 Baths1.0 Sq 736

Monthly Estimate*

$ 1,724

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Multi-Family Home for sale in Monticello, IN

for $280,000 with 2 bedrooms and 1 full bath. This 736 square foot home was built in 1940.

Escape to lakeside living with this charming 2-bedroom, 1-bath lake house offering 736 sq ft of cozy living space. Perfect as a vacation retreat, rental opportunity, or investment property. This waterfront gem includes a doc for easy lake access and endless days of boating, fishing, and relaxation. The efficient floor plan maximizes space while providing comfortable accommodations for family and guests. Whether you're looking to expand your real estate portfolio or secure your own lakeside getaway, this property offers excellent potential in a desirable waterfront setting. Enjoy peaceful lake views, outdoor recreation, and the opportunity to generate rental income from a highly sought-after location on Lake Freeman.

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Multi-Family Active

Price

$ 280,000

Bedrooms

2

Full Bath

1

Property Type

Multi-Family

Taxes

$ 912

Style

Year Built

1940

Town/City

Monticello

County/Region

White

MLS | Web ID

202623112
Features
General
Heating Conventional
Cooling Central Air
Water Access Type Lakefront
Sewer City
# of Buildings 1
Status Active Active
Full Baths 1
Half Baths 0
Bathrooms 1
Year Built 1940
New Construction No
Tenant Pays None
Subdivision None
Style One Story
Stories Count 1
Township Jefferson
Class INVESTMENT
Type Other
Age 86
Net Income 7428
Rent Income 15000
Features Ceiling Fan Fireplace Storage Boat Lift-Permanent Porch Open
REO No
Status Detail 0
Common Amenities Dock
Area Carroll County
High School Twin Lakes
City Monticello
School District Twin Lakes School Corp.
Total Sq Ft 736
Elementary School Oaklawn
Middle School Roosevelt
Legal Description 008-50015-00 Unit 1 Sunset Park Block F Lot 13
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202623112
Agent First Name Kendall
Agent Last Name Rhine
DOM 2
Tax Year 2026
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Interior
Basement Slab
Flooring Laminate
Beds 2
Total Number of Units 1
Microwaves 1
Refrigerators 1
Washers 1
Dryer(s) 1
Dishwasher(s) 1
Disposal(s) 1
Above Grade Bedrooms 2
Below Grade Baths 0
Below Grade Bedrooms 0
Total Rooms Below Grade 0
Ranges/Ovens 1
W/D Hookups 1
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Exterior
Exterior Shingle Vinyl
Water Frontage 1
Pool No
Number of Parking Spaces 4
Waterfront Lake
Lot Size Area 8000
Lot Dimensions 50 x 160
Lot Description Irregular 0-2.9999
Outbuilding Shed
Water Features Boat Docking Rights Pier/Dock
Lake Ski Lake
Waterfront Y/N Yes
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* Excluded Features
List By
Kendall Rhine

Listing Agent

Raeco Realty

Broker

krhinerealty@gmail.com

Email

Affordability Calculator

$1,800
Per Month
96%
4%
0%
Monthly Principal & Interest
$1,724
Monthly Property Taxes
$76
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1237611 Elementary School
1235893 Middle School
Twin Lakes High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/12/2026$280,000 Listed Price

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10959 N Lower Lake Shore Drive, Monticello, IN, 47960 is a Multi-Family Home for sale at $280,000 with 736 sqft. 10959 N Lower Lake Shore Drive has 2 bedrooms, 1.0 baths, and was built in 1940. The property's zip code is 47960 which is in Monticello, IN

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