Listing courtesy of Listing Leaders Executive Real Estate Group, LLC · Listing agent: Kimberly Sut
5008 E Shady Point Drive
Monticello, IN 47960
Original price $414,900 · Price reduced on October 5, 2026
- On Lake Shafer
- 2-car garage
- Fireplace
- Bedrooms
- 3
- Bathrooms
- 2
- Living area
- 1,765 sq ft
- Lot
- 0.71 ac
- Year built
- 1979
- Type
- Site-Built Home
- Listed
- July 24, 2026
- MLS #
- 202629810
About this home
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!
Monthly payment estimate
$2,384/mo
- Principal & interest
- $2,195
- Property taxes
- $57
- Homeowners insurance
- $117
- HOA dues
- $15
- Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
- Taxes: the seller's 2025 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
- Total rooms
- 6
- Total area
- 1,765 sq ft
- Finished area above grade
- 1,765 sq ft
- Bedrooms above grade
- 3
- Full baths, main level
- 2
- Basement
- Crawl Space
- Heating
- Natural Gas, Forced Air
- Cooling
- Central Air
- HVAC
- Ceiling Fan
- Fireplaces
- 1
- Fireplace features
- Family Room
- Laundry
- Main Level
- Interior features
- Eat-in Kitchen, Kitchen Island, Main Floor Laundry
Exterior & parking
- Style
- Ranch
- Construction
- Stone, Vinyl Siding
- Roof
- Shingle
- Garage spaces
- 2
- Attached garage
- Yes
- Garage type
- Attached
- Garage sq ft
- 504 sq ft
- Private pool
- No
- Other structures
- Detached Garage
- Other structures (2)
- Shed
- Outbuilding 2
- 392 sq ft
- New construction
- No
Waterfront & lake
- Waterfront
- Yes
- Body of water
- Lake Shafer
- Waterfront features
- Pier/Dock
- Water access
- Frontage Lot
- Lake type
- Ski Lake
- Water frontage
- 26 ft
- Channel / canal frontage
- 26 ft
- Water feature
- Lake
Lot
- Lot features
- Corner Lot, Part Wooded, Waterfront
- Lot size (acres)
- 0.71 ac
- Lot dimensions
- Irregular
- Location type
- Lake
- County
- White County
- Township
- Liberty
- Platted
- Yes
- Planned unit development
- No
- 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 550 E, turn right onto E Shady Point Dr, home is on the right.
Schools
- Elementary school
- North White Primary
- Middle school
- North White Jr/Sr
- High school
- North White Jr/Sr
- School district
- North White School Corp.
HOA & community
- HOA fee
- $175
- HOA fee frequency
- Annually
Taxes & terms
- Annual taxes
- $678
- Tax year
- 2025
- Tax exemptions
- Homestead, Vet
- Listing terms
- Cash, Conventional, FHA, VA
- Possession
- Negotiable
- Parcel number
- 91-83-33-000-008.200-010
Included in the sale
- Included in sale
- Dishwasher,Microwave,Refrigerator,Washer,Boat Lift-Permanent,Cooktop-Gas,Dryer-Gas,Oven-Built-In,Water Softener-Owned,Gazebo
Utilities
- Water
- Well
- Well
- Private
- Sewer
- Public Sewer
Rooms
| Room | Level | Dimensions |
|---|---|---|
| Living Room | Main | 20 × 20 ft |
| Kitchen | Main | 16 × 12 ft |
| Bedroom 1 | Main | 11 × 17 ft |
| Bedroom 2 | Main | 11 × 12 ft |
| Bedroom 3 | Main | 10 × 11 ft |
| Laundry | Main | 9 × 12 ft |
Location
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