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4869 Timberline

Monticello, IN 47960

3 beds
2 baths
– sqft
11,761 sqft lot
– on site

Beautifully maintained 3-bedroom, 2-bath lakefront home located in a quiet neighborhood on the Big Monon. Nestled on a professionally landscaped lot with 75 feet of waterfront, this property features a steel sea wall, permanent electric covered boat lift with overhead storage, and a waterfront Trex deck with a lighted staircase from the home down to the dock. The shoreline is perfect for swimming, floating, or fishing, with thoughtful extras like a stone garden with drainage to the lake and a full sprinkler system. This brick ranch offers an oversized attached two-car garage, a paved driveway, and plenty of extra parking for guests. Inside, the home includes a primary suite plus two additional bedrooms, each with its own thermostat for personalized comfort. Both bathrooms feature heated floors, tiled walk-in showers, linen closets, and updated vanities. The 1,288 square feet of living space is packed with updates, including a new water softener, reverse osmosis water purification system, solid oak doors, custom soft-close cabinetry, newer carpet and tile flooring, overhead lighting with dimmers, modern appliances, and a large kitchen pantry. A move-in-ready lake home with all the extras already in place.

Listing courtesy of IRMLS

Last checked: Checking… • Last updated Apr 25, 2025 •

MLS# 202514600 —

The Building

Year Built:

1973
New Construction:

No
Style:

One Story
Exterior:

Brick
Amenities:

Attic Storage, Crown Molding
Basement:

Yes
Basement/Foundation:

Crawl, Partial Basement, Walk-Out Basement
Total SqFt:

1792
Total Finished SqFt:

1792
Above Grade Finished SqFt:

1288
Below Grade Finished SqFt:

504
Total Below Grade SqFt:

504

Interior

Kitchen Level:

Main
Living/Great Room Level:

Main
Laundry Level:

N/A
# of Fireplaces:

1
Fireplace:

Living/Great Rm
Fireplace:

Yes

Room Dimensions

Kitchen Length:

17
Kitchen Width:

10
Living/Great Room Width:

23
Living/Great Room Length:

17
1st Bedroom Length:

12
1st Bedroom Width:

12
2nd Bedroom Length:

12
2nd Bedroom Width:

12
3rd Bedroom Width:

16
3rd Bedroom Length:

12

Location

Directions to Property:

W Shafer drive to Parses Rd to Timberline Ct, Second home on right
Latitude:

40.824111
Longitude:

-86.799406

The Property

Parcel# ID:

91-73-06-000-009.100-020
Property Subtype:

Site-Built Home
Lot Dimensions:

75x161
Lot Description:

Waterfront, Water View, Waterfront-Medium Bank
Approx Lot Size SqFt:

11761
Approx Lot Size Acres:

0.27
Waterfront:

Yes
Water Type:

Lake
Water Access:

Bayfront
Water Frontage:

75
Channel/Canal Frontage:

75
Water Name:

Lake Shafer
Lake Type:

Ski Lake

Listing Agent

Contact info:

Taxes

Annual Taxes:

1920.2

Beds

Total # Bedrooms:

3
1st Bedroom Level:

Main
2nd Bedroom Level:

Lower
3rd Bedroom Level:

Lower

Baths

Total Baths:

2
Total Full Baths:

2
# of Full Baths Main:

2

The Listing

Unbranded Virtual Tour:

https://www.propertypanorama.com/instaview/irmls/202514600

Heating & Cooling

Heating Fuel:

Electric, Baseboard, Ceiling
Cooling:

Wall AC, Window

Utilities

Water Utility:

Well
Well Type:

Private
Sewer:

Regional
Energy Efficient:

Water Heater

Schools

Elementary:

Meadowlawn
Middle School:

Roosevelt
High School:

Twin Lakes
School District:

Twin Lakes School Corp.

The Community

Subdivision:

Timberline
Pool:

No
Association Dues Frequency:

Not Applicable

Parking

Garage:

Yes
Garage Type:

Attached
Garage Length:

18
Garage SqFt:

432
Garage Width:

24
Garage/# of Cars:

2

Monthly cost estimate

Asking price

$375,000

Expense	Monthly cost
Mortgage	$2,008
Taxes	$980
Insurance	$103
Utilities	N/A
Total	$3,091/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
4/25/25 Apr 25, 2025	Listed / Active	IRMLS	$375,000

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This house located in IN 47960 is currently for sale for $375,000. 4869 Timberline is a – square foot house with 3 beds and 2 baths that has been on Estately for 12 days. This house is in the attendance area of Twin Lakes Senior High School.

Listing Courtesy of: IRMLS and .

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