5116 E Indiana Beach RD, Monticello, IN 47960
5116 E Indiana Beach RD, Monticello, IN 47960
5116 E Indiana Beach RD, Monticello, IN 47960
5116 E Indiana Beach RD, Monticello, IN 47960
5116 E Indiana Beach RD, Monticello, IN 47960
5116 E Indiana Beach RD, Monticello, IN 47960
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Kegan Inman

Kegan Inman

Inman Realty Company LLC

+1(812) 798-0204
Listed by Summerland Realty Group, LLC
$ 649,000
Est. payment | /mo

6 Baths

0.67 Acres Lot

Save Virtual Tour
$ 649,000
Est. payment | /mo
Save Virtual Tour

6 Baths

0.67 Acres Lot

Key Details

Property Type Commercial

Sub Type Hotel & Motel

Listing Status Active

Purchase Type For Sale

MLS Listing ID IRM202622356

HOA Y/N No

Year Built 1928

Annual Tax Amount $7,219

Tax Year 2027

Lot Size 0.670 Acres

Acres 0.67

Lot Dimensions 120x245

Property Sub-Type Hotel & Motel

Property Description

5116 E Indiana Beach Road, Monticello, Indiana Exceptional Multi-Unit Investment Property Near Indiana Beach & Lake Shafer Presenting a rare opportunity to acquire a versatile hospitality and investment property in one of Monticello's most recognized recreational corridors. Located just moments from Indiana Beach, Lake Shafer, and the area's numerous boating, fishing, and entertainment attractions, this unique offering combines income-producing accommodations with comfortable owner occupancy in a highly desirable destination market. Comprised of five separate buildings, seven rental units, and a spacious main living quarters, this property provides a distinctive blend of investment potential and operational flexibility. Whether your vision includes short-term vacation rentals, extended-stay accommodations, seasonal lodging, workforce housing, or a combination of income strategies.

Location

State IN

Rooms

Basement Crawl Space, Slab, Michigan Basement

Interior

Heating Radiator

Inclusions Building, Business, Furniture, Land, Lease, Inventory

Fireplace N

Exterior

Parking Features Parking Lot, Off Street, Paved, Private

Waterfront Description Pier/Dock

View Y/N true

Total Parking Spaces 10

Building

Sewer Regional

Water Private

New Construction No

Others

Pets Allowed No

Tax ID 91-73-16-000-014.000-020

Acceptable Financing IRM202622356

Listing Terms IRM202622356

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202622356

Indiana Regional MLS (IRMLS)
IDX information provided by the Indiana Regional MLS. © 2026 Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. All Rights Reserved.

MORTGAGE CALCULATOR

Price of Homes
$
Down Payment
$
Loan Term
Interest Rate
Home Insurance (optional)
$
Property Tax (optional)
$
View More Detail
Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.

Go tour this home

5116 E Indiana Beach RD

SEARCH LISTINGS

GET MORE INFORMATION

Kegan Inman
Kegan Inman

Managing Broker Indiana RB22002037

+1(812) 798-0204 | kegan@inmanrealty.com

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Inman Realty Company LLC, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.