$317,500
$350,000
9.3%For more information regarding the value of a property, please contact us for a free consultation.
4945 E Indiana Beach Road Monticello, IN 47960-1268
10,454 Sqft Lot
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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IDX information provided by the Indiana Regional MLS
Bought with WhiteCo NonMember • NonMember WH