Monticello, IN 47960-1268,4945 E Indiana Beach Road
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Monticello, IN 47960-1268,4945 E Indiana Beach Road
Monticello, IN 47960-1268,4945 E Indiana Beach Road
Monticello, IN 47960-1268,4945 E Indiana Beach Road
Monticello, IN 47960-1268,4945 E Indiana Beach Road

$317,500

Est. payment /mo

$350,000

9.3%
Est.Price: ?

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4945 E Indiana Beach Road Monticello, IN 47960-1268

10,454 Sqft Lot

SOLD DATE : 05/15/2025

Key Details

Sold Price $317,500

Property Type Commercial

Sub Type Hotel & Motel

Listing Status Sold

Purchase Type For Sale

Subdivision Untalulti

MLS Listing ID 202502645

Sold Date 05/15/25

Year Built 1953

Annual Tax Amount $2,600

Tax Year 2024

Lot Size 10,454 Sqft

Property Sub-Type Hotel & Motel

Property Description

Lake Shafer Resort Property – A Prime Waterfront Retreat near Indiana Beach Nestled along the serene shores of Lake Shafer, this resort-style property offers an exceptional opportunity for investors or those seeking a picturesque lakeside retreat. Located just minutes from the vibrant attractions of Indiana Beach, this property is the ultimate destination for relaxation and entertainment. 6 Rental Units: A variety of cozy accommodations perfect for short-term or long-term stays, each with unique charm and comfort to meet guest needs. Inground Pool: A sparkling pool surrounded by a spacious deck area, ideal for lounging or hosting outdoor gatherings. Multiple Decks & Multilevel Designs: Expansive decks provide breathtaking views of the lake, with plenty of space for outdoor dining, grilling, or simply soaking up the sun. Waterfront Views: Enjoy direct access to Lake Shafer with stunning views of the water from almost every corner of the property. A private dock adds convenience for boating, fishing, or watersports. The main house features two spacious bedrooms, a dedicated office space, and an open-concept living and dining area, offering a comfortable and private living option for the owner or property manager. Flexible potential as a short-term rental business or private family compound. This Lake Shafer gem is a rare find with endless possibilities for investors or those looking to create a dream lakeside lifestyle. Don't miss the chance to own this unique and highly desirable waterfront property!

Location

State IN

County White County

Area White County

Direction North on Sixth St/ West Shafer Dr. East on Indiana Beach Rd. Property on the North side of the road.

Interior

Flooring Carpet, Laminate, Tile

Appliance Building, Business, Furniture, Land, Inventory

Laundry , 6

Exterior

Fence Chain Link, PVC, Wood

Waterfront Description Lake

Roof Type Shingle

Total Parking Spaces 6

Building

Story 2

New Construction No

Others

Financing Cash,Other

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Indiana Regional MLS (IRMLS)
Listed by John Koppelmann, CRS, e-PRO, GRI, SRES • Koppelmann Real Estate • Office: 574-583-3171
Bought with WhiteCo NonMember • NonMember WH
agent

Jennifer Callison

+1(260) 489-2000

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