Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2055 Deepwater Lot 15 Loop Monticello, IN 47960

    For Sale
    $239,999

    Residential Land - Monticello, IN

    Lot size:
    0.44 Acres
    Days on Market:
    124
    Last Refresh:
    Dec 8 at 11:06 am

    Property Features for 2055 Deepwater Lot 15 Loop

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    91-73-16-000-030.517-020
    Exterior features
    Underground Service
    Lot size
    0.44 Acres

    Utilities

    Water front features
    Waterfront Lake Shafer, Waterfront, Waterfront Lake Shafer
    Water front
    1

    Building Details

    Architectural style
    Other

    Real Estate Network (574) 583-8181 [email protected]

    Listing agent Michael Lewis (574) 583-8181

    Listing date Aug 7, 2025

    MLS# 202522457 Listing URL

    Copyright © 2025 White County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lake Shafer Residential Land Opportunity

    This residential land offers an opportunity to build a custom home on Lake Shafer in the Lakeview Bay community. The lakefront lot provides water views and direct shoreline access. Full utilities, including sewer, water, gas, and electric, are available at the site. The property is suited for custom builds and walk-out basements. It is located minutes from downtown Monticello and Indiana Beach, and across the road from Pineview Golf Course and minutes from Tippecanoe Country Club. Protective covenants are in place to promote long-term property value growth and neighborhood appeal. The lot size is approximately 0.44 acres. Shorelines range from 65 to over 180 feet per lot.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Monticello
    County
    White
    State
    Indiana
    Longitude
    -86.770719920688
    Latitude
    40.784412557394

    Nearby Similar for Sale

    • $199,000
      0.05 Acres

      Downtown Monticello Office Space

      Prime office space for sale in downtown Monticello, Indiana.
      116 Constitution Plz, Monticello, IN 47960
      View Details
    • $745,000
      5.40 Acres

      Monticello Self-Storage Investment Opportunity

      60-unit self-storage facility on 5.4 acres with expansion potential.
      1626 N State Road 39, Monticello, IN 47960
      View Details
    • $1,199,500
      9,363 SF

      Monticello Dollar General Investment Property

      NNN leased Dollar General in Monticello, Indiana tourist destination.
      6030 E State Road 16, Monticello, IN 47960
      View Details
    • $230,000
      0.14 Acres

      Monticello Commercial Building with Long-Term Tenant

      Well-maintained commercial building with reliable tenant until June 2029.
      303 N Main St, Monticello, IN 47960
      View Details
    • $1,300,000
      0.66 Acres

      Turnkey Lakefront Resort Opportunity

      Premier lakefront resort with updated units and strong rental potential.
      2373 N Untalulti Dr, Monticello, IN 47960
      View Details
    • $1,100,000
      2.86 Acres

      Turnkey Business Package in Monticello

      Three businesses, three buildings, three storage units, all included!
      1514 N 6Th St, Monticello, IN 47960
      View Details

    FAQs

    What type of property is this?
    Land - Lakefront lot to build a custom home with water views.
    Where is this land located?
    The property is located at 2055 Deepwater Lot 15 Loop Monticello, IN.
    What is the asking price?
    The asking price for this property is $239,999.
    What are key features of this property?
    This property features: - Premium lakefront lots on Lake Shafer with direct water access and shorelines ranging from 65' to over 180'.; - Full utilities at site: sewer, water, gas, and electric.; - Located minutes from downtown Monticello & Indiana Beach.
    (574) 583-8181
    Request Owner's contact information
    2055 Deepwater Lot 15 Loop Monticello, IN 47960
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2055 Deepwater Lot 15 Loop
    Monticello, IN 47960
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2055 Deepwater Lot 15 Loop Monticello, IN 47960
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.