4983 E Indiana Beach Rd, Monticello, IN 47960

For registration requirements and regulations, please review here or contact Bianca Diorio | 954-302-3810 | [email protected].

Indiana Lake Resort at 4983 East Indiana Beach Road, Monticello, IN 47960 is a rare waterfront hospitality investment positioned directly outside the entrance to Indiana Beach Amusement & Water Park and along Lake Shafer. This fully renovated extended-stay resort features 55 lodging units, including 20 two-story 2BR/1BA units, 18 single-story 2BR/1BA units, and 17 hotel-style rooms with kitchens and private baths. Recent capital improvements have transformed the property with updated paint, siding, porches, kitchens, bathrooms, roofs, doors, and flooring, creating a turnkey asset with strong visual appeal. The offering also includes 12 completed docks, approvals for up to 36 total docks, a seawall, and existing foundations for 8 additional waterfront units—delivering meaningful upside for future expansion. A 40’ x 60’ maintenance pole barn adds operational support, while the resort’s prime location benefits from steady tourism, boating traffic, and seasonal demand generated by Lake Shafer, Lake Freeman, and the surrounding Monticello attractions. With easy access to U.S. 24, I-65, Lafayette, Purdue University, Indianapolis, and the southern Chicago suburbs, this is a compelling opportunity to acquire a renovated lakefront resort with immediate income and long-term growth potential!

• Non-Contingent
• Earnest Money Deposit is Greater of $20,000 or 10% of the Purchase Price
• Marketing Fee: 5% of the Winning Bid Amount, $20,000 minimum
• $10,000 Participation Deposit

4983 E Indiana Beach Rd, Monticello, IN 47960