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    Monticello, IN Land for Sale

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    Commercial Land with High Visibility
    Updated: May 26
    Commercial Land with High Visibility

    W Shafer Drive, Monticello, IN 47960

    $105,000
    0.85 AC lot
    .847‑acre commercial parcel on busy West Shafer Drive, the main route leading to Indiana Beach
    Zoned B‑2 for commercial development
    High traffic counts and strong visibility on a frequently traveled route
    Surrounded by lake/tourism activity, restaurants, and local businesses
    Site offers exposure to both local and seasonal traffic heading to the lakes and Indiana Beach
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    Lakefront Residential Land Lot
    Updated: Mar 31
    Lakefront Residential Land Lot

    N Longbriar Court lot: 4, Monticello, IN 47960

    $215,000
    0.46 AC lot
    Lake Shafer lot with 101' low‑bank waterfront and nearly 1 acre of wooded land with mature trees
    Permanent boat lift already in place for the shoreline
    Combination steel and steel/wood seawall spans the shoreline
    Western exposure for sunset views
    Partial ownership of the subdivision boat ramp for launching watercraft
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    Waterfront Land Parcel
    Waterfront Land Parcel

    N E Shafer Drive, Monticello, IN 47960

    $485,000
    9.43 AC lot

    Build on a Lake Shafer waterfront tract with extensive shoreline and a newly added wood fence line.

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    Lakefront Residential Building Lots
    Lakefront Residential Building Lots

    31 E 100 N, Monticello, IN 47960

    $219,900

    Two separate lakefront parcels offer buildable sites with waterfrontage and existing gravel access.

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    Platted Waterfront Subdivision Land
    Platted Waterfront Subdivision Land

    1 W Aquarius Drive, Monticello, IN 47960

    $899,900
    35.07 AC lot

    Platted waterfront subdivision with multiple bayfront lots and existing gravel road access for lake-oriented development plans.

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    Waterfront Residential Land with Utilities
    Waterfront Residential Land with Utilities

    2061 Deepwater (Lot 14) Loop lot: 14, Monticello, IN 47960

    $239,900
    0.50 AC lot

    Waterfront lot in Lakeview Bay with direct shoreline access and full utilities for building a custom home or getaway.

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    Waterfront Lake Lot with Utilities
    Waterfront Lake Lot with Utilities

    2079 Deepwater (Lot 11) Loop lot: 11, Monticello, IN 47960

    $229,900
    0.30 AC lot

    Build on a lakefront lot with direct shoreline access and utilities available at the site.

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    Storage Building Near Lake Shafer
    Storage Building Near Lake Shafer

    Neininger Drive lot: 4, Monticello, IN 47960

    $139,900
    0.51 AC lot

    Well-maintained storage building with electric and multiple overhead doors.

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    B-2 Corner Commercial Development Land
    B-2 Corner Commercial Development Land

    Foxwood (Lot 2) Court, Monticello, IN 47960

    $70,000
    0.86 AC lot

    B-2 zoned corner lot with level ground and public utilities, positioned just off W Fisher Street for commercial use.

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    B-2 Zoned Development Lot
    B-2 Zoned Development Lot

    Foxwood (Lot 3) Court, Monticello, IN 47960

    $60,000
    0.42 AC lot

    B-2 zoned lot with level terrain and utilities, offered as one parcel of three options for commercial development.

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    Monticello Residential Land Available
    Monticello Residential Land Available

    10971 N Lower Lakeshore Drive, Monticello, IN 47960

    $99,000
    0.31 AC lot

    Buildable residential land with utilities and lake access.

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    Lakefront Residential Development Lot
    Lakefront Residential Development Lot

    2055 Deepwater (Lot 15) Loop lot: 15, Monticello, IN 47960

    $239,900
    0.44 AC lot

    Lakeview Bay waterfront lot with direct shoreline access and full utilities available on site.

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    Recreational Lake-View Lot
    Recreational Lake-View Lot

    Parses Road lot: 4, Monticello, IN 47960

    Contact for pricing
    0.71 AC lot

    A near three-quarter-acre lot across from Lake Shafer with utilities available and access to the lakes recreation area.

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    Residential Land with Lake Access
    Residential Land with Lake Access

    2049 Deepwater (Lot 16) Loop lot: 16, Monticello, IN 47960

    $64,900
    0.33 AC lot

    Interior lot in Lakeview Bay with shared water access to Lake Shafer and full utilities for future homebuilding.

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    Water-Access Interior Waterfront Lot
    Water-Access Interior Waterfront Lot

    2043 Deepwater (Lot 17) Loop lot: 17, Monticello, IN 47960

    $64,900
    0.24 AC lot

    Interior lake-access lot with shared common area and courtesy dock on Lake Shafer in Lakeview Bay.

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    Waterfront Lakefront Buildable Lot
    Waterfront Lakefront Buildable Lot

    2073 Deepwater (Lot 12) Loop lot: 12, Monticello, IN 47960

    $239,999
    0.33 AC lot

    Build a custom home or recreation getaway on a lakefront lot with full utilities at the site.

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    Lakefront Residential Building Lot
    Lakefront Residential Building Lot

    2067 Deepwater (Lot 13) Loop lot: 13, Monticello, IN 47960

    $239,999
    0.35 AC lot

    Waterfront lot on Lake Shafer with utilities at the site and direct shoreline access for a custom build.

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    Wooded Land in Monticello, IN
    Wooded Land in Monticello, IN

    6613 E Palmers Drive, Monticello, IN 47960

    $120,000
    2.27 AC lot

    2.27 acres of wooded land, ideal for various uses.

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    Lakefront Building Lots
    Lakefront Building Lots

    31 N Diamond Point Road, Monticello, IN 47960

    $219,900
    0.42 AC lot

    Two shovel-ready lakefront parcels offer gentle waterfront access with building sites outside the flood zone.

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    Interior Waterfront-Access Lot with Dock
    Interior Waterfront-Access Lot with Dock

    2037 Deepwater (Lot 18) Loop lot: 18, Monticello, IN 47960

    $69,999
    0.24 AC lot

    Build in Lakeview Bay with shared lakeside common access and a private community dock on Lake Shafer.

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    Water-Access Lakeview Interior Lot
    Water-Access Lakeview Interior Lot

    2014 Deepwater (Lot 26) Loop lot: 26, Monticello, IN 47960

    $59,900
    0.25 AC lot

    Build an interior home with shared access to Lake Shafer through a private community dock in a homeowner-only lakeside setting.

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    Water-Access Interior Waterfront Lot
    Water-Access Interior Waterfront Lot

    2133 Deepwater (Lot 2) Loop lot: 2, Monticello, IN 47960

    $69,999
    0.31 AC lot

    Interior lot in Lakeview Bay with shared water access to Lake Shafer via a private community dock.

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    Interior Lot with Lake Access
    Interior Lot with Lake Access

    2002 Deepwater (Lot 25) Loop lot: 25, Monticello, IN 47960

    $74,999
    0.34 AC lot

    Build in Lakeview Bay on an interior lot with shared water access to Lake Shafer.

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    Water-Access Waterfront Interior Lot
    Water-Access Waterfront Interior Lot

    2031 Deepwater (Lot 19) Loop lot: 19, Monticello, IN 47960

    $69,999
    0.28 AC lot

    Build on a 0.28-acre interior lot with shared access to Lake Shafer via a private community dock.

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    Monticello, IN Land Market Trends and Statistics

    Explore 72 land for sale in Monticello, IN, showcased through 34 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $6,305,882.

    Sale prices for lots in Monticello, IN start at $28,500, averaging $180,168, and reaching up to $1,199,990 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Residential land & home lots 23
    Waterfront Land 17
    Commercial land 7
    Recreation land 2

    Demographics Overview

    Population 15K
    Population Growth (5Y) +5.2%
    Median Household Income $61,087
    College Educated 24.1%

    High-Yield Neighborhoods for Investment

    Identify Monticello submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    47960 $187.4K

    Taxes & Financing

    Tax Rate (average for all types) 1.66%
    Property Tax per SF $33.92 per SF
    Tax Rate vs County Average 0.25 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in White County

    New Delisted

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