2636 N Peterson Dr, Monticello, IN, 47960
About This Home
SWEET SUITE RETREAT! 5-7 bed / 6.5 bath lake home featuring 4 Guest Suites, each with their own built-in mini fridge, coffee maker, fireplace, HVAC unit & full baths. 4500+ sq ft home also has the Primary Master Bed/Bath, additional full & 1/2 guest bathrooms, 2 more bedroom/office/den rooms, XL Living Rm/Sun Room with fireplace, XL Family/Rec Rm w/ fireplace, wet bar, & a multi-faceted kitchen space w/plenty of prep & cooking features. Inground pool w/ fireplace patio, lake-view deck, fenced-in lakeside yard, trolly down to lake & a triple covered boat & multi PWC lift. All located on an acre lot with 130' of frontage. It doesn't get sweeter than this! *Additional Non-Lake Lot/Garage Also Available for Sale*
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1920
Materials
- Roof: Shingle
- Construction materials: Stone,Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Contemporary,Traditional
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Disposal,Dishwasher,Microwave,Refrigerator,Exhaust Fan,Washer/Dryer Stacked,Oven-Built-In,Double Oven,Gas Oven,Gas Range,Gas Water Heater,Water Softener Owned,Wine Cooler
- Laundry features: Main Level
Basement
- Has basement: Yes
- Basement: Crawl Space,Partial,Unfinished,Block,Concrete
Bedroom1
- Level: Upper
Bedroom2
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 7
- Full bathrooms: 6
- 1/2 bathrooms: 1
- Main level bedrooms: 2
Dining Room
- Level: Main
- Area: 143
Family Room
- Level: Main
- Area: 420
Features
- 1st Bdrm En Suite,Breakfast Bar,Bookcases,Ceiling-9+,Tray Ceiling(s),Ceiling Fan(s),Vaulted Ceiling(s),Walk-In Closet(s),Stone Counters,Eat-in Kitchen,Entrance Foyer,Guest Quarters,Kitchen Island,Wet Bar,Kitchenette,Tub/Shower Combination,Main Level Bedroom Suite,Bidet
- Window features: Skylight(s),Window Treatments,Blinds
- Flooring: Carpet,Vinyl,Ceramic Tile
- Number of fireplaces: 7
- Fireplace features: Family Room,Living Room,2nd Bdrm,3rd Bdrm,4th Bdrm,5th Bdrm,Gas Log,Wood Burning,Three +
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 4,507
Heating & Cooling
- Heating features: Electric,Natural Gas,Conventional,Forced Air,Multiple Heating Systems
- Cooling features: Central Air,Wall Unit(s),Multi Units,Ceiling Fan(s)
Interior Area
- Total structure area: 5,823
- Total interior livable area: 4,507 sqft
Kitchen
- Level: Main
- Area: 273
Living Room
- Level: Main
- Area: 462
Property
Details
- Parcel number: 917316000016.703020
- Other equipment: Pool Equipment
Features
- Levels: One and One Half
- Stories: 1
- Pool features: In Ground
- Patio & porch: Deck,Patio,Porch Covered
- Exterior features: Balcony,Irrigation System,Boat Lift-Covered,Boat Lift-Permanent,PWC Lift/Ramp-Perm
- Fencing: Full,Metal,PVC
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- On waterfront: Yes
- Waterfront features: Waterfront,Lake,Waterfront-Medium Bank,Deck on Waterfront,Pier/Dock,Lake Front,Ski Lake
- Waterbody name: Lake Shafer
- Frontage length: Channel/Canal Frontage(0),Water Frontage(130)
Lot
- Lot size: 1 Acres
- Features: Level,0-2.9999,Lake,Rural
Parking
- Total spaces: 2
- Parking features: Attached,Garage Door Opener,Asphalt
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Hail
- Inland Flooding
- Strong Wind
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $5,050 | $60,600 |
| Home Insurance * | $537 | $6,444 |
| Property Taxes | $604 | $7,248 |
| Electricity | $413 | $4,957 |
| Total | $6,604 | $79,248 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
WildfireHailWindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-12 | Price change | $1,140,000 |
| 2026-03-02 | Listed for sale | $1,150,000 |
| 2014-07-30 | Sold | $540,000 |
| 2013-04-16 | Price change | $799,900 |
| 2013-03-05 | Listed for sale | $879,000 |
| 2010-10-12 | Sold | $270,000 |
| 2004-09-03 | Sold | $338,000 |
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