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5116 E Indiana Beach Road

Hotel & Motel • 98Y Old
$649,000 Listed 3 months ago
0.67 Acres
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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.

Directions

East On Indiana Beach Rd across from the huge coaster

Property
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
Room Dimensions
Den 5 × 3700 Level
2nd Bedroom 450 × Level
3rd Bedroom 6 × 2 Level
External Features
Construction Hotel & Motel
Lot Size 29,185 sq ft
Acreage 0.67 Acres
Lot Dimensions 120x245
Fence None
Location
Area White County
County White
Subdivision None
Township Union
City Monticello
State IN
Zip 47960
Financial
Assoc. Dues $0.00
Contact

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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.