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.
East On Indiana Beach Rd across from the huge coaster
| MLS # | 202622356 |
|---|---|
| Date Listed | 2026-06-09 |
| Status | Active |
| Property Type | Commercial |
| Property SubType | Hotel & Motel |
| New Construction | No |
| Type | Hotel & Motel |
| Annual Taxes | $7,219.00 |
| Year Taxes Payable | 2027 |
| Year Built | 1928 |
| Virtual Tour | propertypanorama.com » |
| Days on Market | 118 |
| Homestead Year | No |
| Den | 5 × 3700 | Level |
| 2nd Bedroom | 450 × | Level |
| 3rd Bedroom | 6 × 2 | Level |
| Construction | Hotel & Motel |
|---|---|
| Lot Size | 29,185 sq ft |
| Acreage | 0.67 Acres |
| Lot Dimensions | 120x245 |
| Fence | None |
| Area | White County |
|---|---|
| County | White |
| Subdivision | None |
| Township | Union |
| City | Monticello |
| State | IN |
| Zip | 47960 |
| Assoc. Dues | $0.00 |
|---|
MLS# 202622356
Listing Provided Courtesy of Jace Hicks
Summerland Realty Group, LLC
Listing updated July 25, 2026 at 6:45 pm
Last checked 6 minutes ago
IDX information provided by the Indiana Regional MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.