Recently Listed Open House 7/26 12pm - 2pm
5008 E Shady Point Drive
Monticello, IN, 47960 $ 414,900
Bedrooms3 Baths2.0 Sq 1,765 Monthly Estimate*
$ 2,620
for $414,900 with 3 bedrooms and 2 full baths. This 1,765 square foot home was built in 1979 on a lot size of 0.705.
Lake life is calling! This well-maintained 3-bedroom, 2-bath home offers the perfect combination of comfortable living, extra storage, and easy access to the water. Situated on one of the largest corner lots in the neighborhood, this property includes two parcels, giving you additional space and private lake access just across the street. Inside, you'll find a spacious layout featuring a welcoming kitchen with a center island, soft-close cabinetry, updated countertops, and plenty of room for gathering. The primary suite includes a private en-suite bathroom, creating a comfortable retreat at the end of the day. Step outside through the double patio doors to an area complete with an electric awning, making it easy to relax and entertain in nearly any weather. The partially fenced backyard provides room for pets, play, gardening, or outdoor enjoyment. Storage is no issue with an attached 2-car garage plus two additional detached garages/storage buildings, offering space for extra vehicles, boats, recreational equipment, or a workshop. An RV electrical hookup adds even more versatility for campers, motorhomes, or specialty equipment. Just across the street, your second parcel provides access to the lake where you can spend your days boating, fishing, swimming, or simply unwinding by the water. The electric boat lift is already in place--just bring your boat--and the private pier is perfect for casting a line, enjoying the views, or watching the sunset. A charming gazebo creates the ideal spot to relax and take in the peaceful lake scenery. Whether you're looking for a full-time residence, a weekend getaway, or the ultimate lake retreat, this property offers an incredible opportunity to enjoy everything lake living has to offer. With so many features and amenities, this home is truly one you need to experience in person. Schedule your private showing today!
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Open House
7/26/2026 12:00 PM - 2:00 PM
5008 E Shady Point Drive Monticello, IN
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesInteriorInterior Amenities Ceiling Fan(s) Stone Counters Recessed Lighting
Total Fireplaces 1
Fireplace Features Living Room
Fireplace Y/N Y
Above Grade Finished Area 1765
Half Baths 0
3/4 Baths 0
Laundry Features Main Level
Total Bedrooms 3
Room Type Bedroom 2 Primary Bedroom Living Room Laundry Kitchen Bedroom 3
Total Baths 2
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GeneralSewer Public Sewer
Heating Forced Air Natural Gas
Utilities Electricity Connected Water Connected Sewer Connected Natural Gas Connected
Appliances Dryer Water Softener Owned Washer Refrigerator Microwave Gas Cooktop Dishwasher
HOA Fee 175
Garage Spaces 2
Patio/Porch Features Deck Porch Patio Front Porch
Pool Features None
Year Built 1979
View Lake Neighborhood
Township Liberty
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features Lake Front Lake Privileges
County White
New Construction N
Property Type Residential
HOA Y
Subdivision Name Shady Point Park
Garage Y/N Y
Total Rooms 6
Full Baths 2
Status Active
Directions Take SR-39 North turn left onto E 500 N turn right onto N 550 E turn left onto N East Shafer Dr turn right onto N 500 E turn right onto E Shady Point Dr. Home is on the right.
High School Twin Lakes Senior High School
City Monticello
Association Name Lake Shafer Association
High School District North White
Lot Size Square Feet 30710
Listing Terms Cash VA Loan FHA Conventional
Property Attached Y/N N
Tax Annual Amount 677.62
Middle/Junior High School Roosevelt Middle Sch
Standard Status Active
Legal Description OUT NW NW 33-28-03 .662 and SHADY POINT PARK ADD PT LOT 22 & OUT W NW 33-28-03 .085
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ExteriorExterior Amenities Fire Pit Storage Rain Gutters
Fencing Partial
Parking Features Attached Paved Kitchen Level Garage Faces Front Driveway Garage Door Opener Detached
Lot Features Back Yard Landscaped Front Yard Few Trees Corner Lot
Water Source Well
Lot Size Acres 0.705
Lot Size Source Assessor
Waterfront Y/N Y
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* Excluded FeaturesList ByKimberly SutListing Agent
Listing Leaders Executive ReBroker
kimberlysutnwi@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,620
- Monthly Property Taxes
- $56
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbySingle family listings in Monticello, IN
Average List Price $363,068
Percent of Sale Price 12%
About Monticello, IN 5,515 Population
-4% Since 2002
$ 40,981 Median Income
40.82 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
5341746 Elementary School
5525881 Middle School
Twin Lakes Senior High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/24/2026 | $414,900 | | Listed Price |