Listing courtesy of Raeco Realty · Listing agent: Kendall Rhine
10959 N Lower Lake Shore Drive
Monticello, IN 47960
Original price $280,000 · Price reduced on June 29, 2026
- On Lake Freeman
- Bedrooms
- 2
- Bathrooms
- 1
- Living area
- 736 sq ft
- Lot
- 0.18 ac
- Year built
- 1940
- Type
- Other
- Listed
- June 12, 2026
- MLS #
- 202623112
About this home
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.
Monthly payment estimate
$1,659/mo
- Principal & interest
- $1,503
- Property taxes
- $76
- Homeowners insurance
- $80
- Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
- Taxes: the seller's 2026 bill as reported to the MLS. Yours may differ once your own deductions apply.
- Insurance: estimated at 0.35% of the price per year.
- An estimate, not a loan offer. Your rate and payment depend on your credit, loan program and down payment.
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Property details
Interior
- Levels
- One
- Stories
- 1
- Total area
- 736 sq ft
- Finished area above grade
- 736 sq ft
- Main level
- 736 sq ft
- Bedrooms above grade
- 2
- Basement
- Slab
- Flooring
- Laminate
- Heating
- Conventional
- Cooling
- Central Air
- Amenities
- Ceiling Fan, Fireplace, Storage, Boat Lift-Permanent, Porch Open
Exterior & parking
- Construction
- Shingle Siding, Vinyl Siding
- Roof
- Asphalt
- Private pool
- No
- Other structures
- Shed(s)
- Outbuilding 1
- 80 sq ft
- New construction
- No
Waterfront & lake
- Waterfront
- Yes
- Body of water
- Lake Freeman
- Waterfront features
- Boat Docking Rights, Pier/Dock
- Water access
- Lakefront
- Lake type
- Ski Lake
- Water frontage
- 1 ft
- Channel / canal frontage
- 1 ft
- Water feature
- Lake
Lot
- Lot features
- Irregular Lot, 0-2.9999
- Lot size (acres)
- 0.18 ac
- Lot dimensions
- 50 x 160
- County
- Carroll County
- Township
- Jefferson
- Platted
- Yes
- Planned unit development
- No
- Directions
- Head north on US HWY 421, turn left on @ 1100 N, turn left on Landing Rd, turn left on N Lower Lake Shore Drive, house is on your left
Schools
- Elementary school
- Oaklawn
- Middle school
- Roosevelt
- High school
- Twin Lakes
- School district
- Twin Lakes School Corp.
HOA & community
- Community amenities
- Boat Dock
Taxes & terms
- Annual taxes
- $912
- Tax year
- 2026
- Tax exemptions
- No Exemptions
- Listing terms
- Cash, Conventional
- Possession
- At Closing
- Parcel number
- 08-04-16-000-266.000-011
Included in the sale
- Included in sale
- Building,Land,Other
Utilities
- Water
- Well
- Sewer
- Public Sewer
Income & commercial
- Units
- 1
- Buildings
- 1
- Annual gross rent
- $15,000
- Net operating income
- $7,428
- Parking spaces
- 4
- Pets allowed
- No
- Insurance (annual)
- $1,500
- Electric (annual)
- $936
- Fuel (annual)
- $924
- Trash (annual)
- $300
- Maintenance (annual)
- $2,000
Location
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Listing courtesy of Raeco Realty
