4954 E Bay Front Ct, Monticello, IN, 47960
About This Home
PRICE RECUDED !! 5 bed/4 full bath Lake Shafer/Kean's bay 2 house Beauty with a Classy mixture of modern updates and original charm. Main house has modern Quartz/Oak Kitchen with new stainless appliances, recessed lighting. Original Living room has knotty pine ceilings, hardwood flooring, huge brick fireplace/hearth. Oversized Main Bedroom Suite with high end tiled shower and bath that will rival some of the best constructed/designed homes in the Midwest. This sprawling estate has a panoramic view of Bay & Main Lake Shafer/Tippecanoe Country Club. Guest cottage on own parcel with waterfrontage can be rented out for additional income. 44x22 Family Room with cedar beams/walls/ceilings, gas fireplace and bar for entertaining. Outside amenities include; vinyl deck railing, granite outdoor kitchen with composite decking and hot tub, multiple level decks with fresh stain, brick paver patios/porches and walkways, private main bedroom suite balcony lakeside with private exterior access, circular asphalt driveway. Waterfront improvements consist of; permanent covered lift/pwc lift, huge 1,000 sqft. deck lakeside with slide to water, swim platform. Partially finished basement with full bathroom, new flooring. Main house has multiple zones for heating/cooling. Furnishings are negotiable for a turn-key multi-house estate.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1948
Materials
- Construction materials: Aluminum Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Other
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Range/Oven Hook Up Gas,Dishwasher,Microwave,Refrigerator,Washer,Dryer-Gas,Gas Water Heater,Water Softener Rented
Basement
- Has basement: Yes
- Basement: Crawl Space,Partial,Partially Finished,Block
Bedroom1
- Level: Upper
Bedroom2
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
- Main level bedrooms: 3
Dining Room
- Level: Main
- Area: 110
Family Room
- Level: Main
- Area: 946
Features
- Ceiling-9+,Vaulted Ceiling(s),Countertops-Solid Surf,Stand Up Shower,Tub and Separate Shower
- Window features: Window Treatments
- Flooring: Hardwood,Laminate,Tile
- Number of fireplaces: 2
- Fireplace features: Family Room,Living Room,Gas Log
- Fireplace: Yes
- Finished area below ground: 120
- Finished area above ground: 4,258
Heating & Cooling
- Heating features: Electric,Natural Gas,Conventional,Forced Air,Zoned
- Cooling features: Central Air,Zoned
Interior Area
- Total structure area: 5,234
- Total interior livable area: 4,378 sqft
Kitchen
- Level: Main
- Area: 200
Living Room
- Level: Main
- Area: 304
Property
Details
- Parcel number: 917308000017.200011
- Zoning: L-1
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Deck,Porch Covered
- Exterior features: Balcony,Boat Lift-Covered,Boat Lift-Permanent,PWC Lift/Ramp-Temp
- Has spa: Yes
- Spa features: Jet/Garden Tub
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- On waterfront: Yes
- Waterfront features: Waterfront,Waterfront-Medium Bank,Deck on Waterfront,Boat Lot,Lake Front,Ski Lake,Lake
- Waterbody name: Lake Shafer
- Frontage length: Channel/Canal Frontage(120),Water Frontage(120)
Lot
- Lot size: 0.61 Acres
- Features: 0-2.9999,Lake
- Lot size dimensions: 79x213, 39x222
Parking
- Parking features: Asphalt,Circular Driveway
- 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 | $5,309 | $63,708 |
| Home Insurance * | $565 | $6,780 |
| Property Taxes | $770 | $9,240 |
| Electricity | $401 | $4,815 |
| Total | $7,045 | $84,540 |
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 |
|---|---|---|
| 2026-06-25 | Price change | $1,050,000 |
| 2025-09-05 | Listed for sale | $1,175,000 |
| 2020-02-02 | Listing removed | $675,000 |
| 2019-08-01 | Price change | $675,000 |
| 2019-01-03 | Listed for sale | $695,000 |
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