Listing courtesy of Raeco Realty · Listing agent: Cody Miller

Virtual tour
ActiveSite-Built Home

5255 E Bay Front Court

$249,900

$297.50 / sq ft

Est. $1,539/mo

Monticello, IN 47960Keans Bay

Original price $279,900 · Price reduced on August 7, 2026

  • On Lake Shafer
  • Fireplace
Bedrooms
2
Bathrooms
1
Living area
840 sq ft
Lot
0.21 ac
Year built
1960
Type
Site-Built Home
Listed
April 3, 2026
MLS #
202611348

About this home

Welcome to 5255 E Bay Front Court, a stunningly renovated lakefront home nestled on the serene shores of Lake Shafer. Situated on the most sought after private and peaceful bayfront, Keans Bay. This property offers the perfect blend of modern luxury and relaxed lakeside living, making it an ideal year-round residence, vacation home, or investment opportunity. Stepping inside, you'll discover a completely updated interior featuring high-end finishes, remarkable craftsmanship, and an open-concept layout. The gourmet kitchen features custom cabinetry, quartz countertops, tiled-backsplash, and stainless steel appliances, seamlessly flowing into the spacious living and dining areas—perfect for entertaining or unwinding with family and friends. Outdoor living is equally impressive, with a large deck, stepping stone pavers, carport, shed, and a deeded private lot w/ new dock/seawall and boat lift for direct access to boating, fishing, and all that Lake Shafer has to offer. Located in a quiet, sought-after neighborhood, this turn-key lake home provides both privacy and convenience—just minutes from Indiana Beach, dining, shopping, and local attractions. Other noteworthy details include new ac/furnace, tankless water heater, siding, roof, electrical (200 amp), and water lines. You don’t find affordable, move-in-ready lake homes like this—here’s your chance to own something truly special. Schedule today!

Monthly payment estimate

$1,539/mo

Principal & interest
$1,368
Property taxes
$98
Homeowners insurance
$73
Your loan

  • Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
  • Taxes: the seller's 2024 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
6
Total area
840 sq ft
Finished area above grade
840 sq ft
Bedrooms above grade
2
Full baths, main level
1
Basement
Crawl Space
Heating
Forced Air
Cooling
Central Air
Fireplaces
1
Fireplace features
Electric
Laundry
Main Level

Exterior & parking

Construction
Vinyl Siding
Private pool
No
Other structures
Shed(s)
New construction
No

Waterfront & lake

Waterfront
Yes
Body of water
Lake Shafer
Water access
Bayfront
Lake type
Ski Lake
Water frontage
13 ft
Water feature
Lake

Lot

Subdivision
Keans Bay
Lot features
Level
Lot size (acres)
0.21 ac
Lot dimensions
IRR
County
White County
Township
Liberty
Platted
Yes
Planned unit development
No
Directions
GPS Friendly

Schools

Elementary school
Twin Lakes
Middle school
Twin Lakes
High school
Twin Lakes
School district
Twin Lakes School Corp.

Taxes & terms

Annual taxes
$1,181
Tax year
2024
Possession
NEGOTIABLE
Parcel number
91-73-09-000-021.100-011

Utilities

Water
Well
Well
Private
Sewer
Regional

Location

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$249,900

2 beds · 1 bath