Listing courtesy of REAL ESTATE NETWORK L.L.C · Listing agent: Nathan Walts

Virtual tour
ActiveSite-Built Home

5129 E Shady Point Drive

$319,900

$355.44 / sq ft

Est. $1,984/mo

Monticello, IN 47960Shady Point Park

Original price $339,900 · Price reduced on September 1, 2026

  • On Lake Shafer
Bedrooms
2
Bathrooms
2
Living area
900 sq ft
Lot
0.12 ac
Year built
1940
Type
Site-Built Home
Listed
May 22, 2026
MLS #
202619694

About this home

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

Monthly payment estimate

$1,984/mo

Principal & interest
$1,751
Property taxes
$140
Homeowners insurance
$93
Your loan

  • 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.
Change taxes, insurance and more in the full calculator

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Property details

Interior

Levels
One
Total rooms
4
Total area
900 sq ft
Finished area above grade
900 sq ft
Main level
900 sq ft
Bedrooms above grade
2
Full baths, main level
2
Basement
Crawl Space
Flooring
Carpet, Vinyl
Heating
Forced Air
Cooling
Central Air
Laundry
Electric Dryer Hookup, Main Level
Interior features
1st Bdrm En Suite, Ceiling Fan(s), Countertops-Laminate, Deck on Waterfront, Eat-in Kitchen, Open Floorplan, Range/Oven Hook Up Elec, Stand Up Shower, Tub/Shower Combination, Main Floor Laundry, Washer Hook-Up

Exterior & parking

Style
Cabin
Construction
Vinyl Siding
Roof
Shingle
Foundation
Block
Parking
Gravel
Private pool
No
Other structures
Shed(s)
New construction
No

Waterfront & lake

Waterfront
Yes
Body of water
Lake Shafer
Waterfront features
Pier/Dock
Water access
Lakefront
Lake type
Ski Lake
Water frontage
50 ft
Sea wall
Concrete
Water feature
Lake

Lot

Subdivision
Shady Point Park
Lot features
Level, Lake on Lot
Lot size (acres)
0.12 ac
Lot dimensions
50 x 110
Location type
Lake
Inside city limits
No
County
White County
Township
Liberty
Road frontage
County Road
Road surface
Asphalt
Platted
Yes
Planned unit development
No
Directions
North on W Shafer Dr, turn right on Lowes Bridge Rd (cross Lowes Bridge), left at stop sign onto E Shafer Dr, then left onto Lake Rd 53 E, turn right onto E Shady Point Dr, property is on the left.

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

Other fees
$175
Other fees frequency
Annually
Other fees description
SFLECC

Taxes & terms

Annual taxes
$1,681
Tax year
2026
Tax exemptions
No Exemptions
Listing terms
Cash, Conventional
Possession
Negotiable
Parcel number
91-83-33-000-007.100-010

Included in the sale

Included in sale
Microwave,Refrigerator,Washer,Dryer-Electric,Oven-Electric,Range-Electric

Utilities

Water
Well
Well
Private
Sewer
Regional
Utilities
Cable Available

Location

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