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5242 E Wenz

Monticello, IN 47960

4 beds
4 baths
– sqft
~1/2 acre lot
– on site

Discover lakefront living at its finest in this custom-built home on a level lot along Lake Shafer. Built in 2003, this stunning property offers nearly 3,500 sq. ft. of living space with 4 bedrooms, 3.5 bathrooms, and numerous updates. Enjoy breathtaking panoramic views from the living room, featuring cathedral ceilings and expansive lakeside windows. The open-concept main kitchen boasts a tile backsplash, an island, and seamless flow into the living area. A fully finished walkout basement includes a second kitchen, leading to a covered patio equipped with automatic hurricane shutters. Outdoors, relax on the maintenance-free lakeside decks or take advantage of two permanent boat lifts for easy waterfront access. Recent updates include new hardwood floors, bathrooms, carpet, all lakeside windows, and staircase windows. Major system upgrades include a new HVAC system (2018), a whole-house generator, steel seawall (2018), concrete parking pad at the house and concrete driveway added to the garage, and a roof replacement (2022) with new fascia, soffits, and 6-inch gutters. A privacy fence adds to the home’s appeal. Bonus: A separate lot across the street includes a two-car garage, perfect for additional storage. Located in a highly desirable area, this one-of-a-kind lakefront retreat/home is a must-see!

Listing courtesy of IRMLS

Last checked: Checking… • Last updated Mar 27, 2025 •

MLS# 202509955 —

The Building

Year Built:

2003
New Construction:

No
Style:

Two Story
Exterior:

Brick, Wood
Amenities:

Attic Storage, Breakfast Bar, Cable Ready, Ceiling Fan(s), Ceilings-Vaulted, Closet(s) Walk-in, Countertops-Solid Surf, Deck on Waterfront, Disposal, Eat-In Kitchen, Foyer Entry, Kitchen Island, Landscaped, Open Floor Plan, Patio Covered, Split Br Floor Plan, Stand Up Shower, Tub/Shower Combination, Main Level Bedroom Suite
Basement:

Yes
Basement/Foundation:

Full Basement, Walk-Out Basement, Partially Finished, Outside Entrance
Total SqFt:

4040
Total Finished SqFt:

3470
Main Level SqFt:

1675
Above Grade Finished SqFt:

2365
Upper Level SqFt:

690
Below Grade Finished SqFt:

1105
Total Below Grade SqFt:

1675
Below Grade Unfinished SqFt:

570

Interior

Kitchen Level:

Main
Living/Great Room Level:

Main
Laundry Level:

Lower
Flooring:

Hardwood Floors, Carpet, Tile
Fireplace:

No

Room Dimensions

Kitchen Length:

12
Kitchen Width:

14
Living/Great Room Width:

19
Living/Great Room Length:

24
1st Bedroom Length:

15
1st Bedroom Width:

13
2nd Bedroom Length:

10
2nd Bedroom Width:

14
3rd Bedroom Width:

17
3rd Bedroom Length:

11
4th Bedroom Length:

10
4th Bedroom Width:

17

Location

Directions to Property:

From Norway Dam turn go north on E Shafer Dr, Left on Lake Rd 10, go right at "Y", Home on left.
Latitude:

40.797018
Longitude:

-86.769578

The Property

Parcel# ID:

91-73-09-000-005.600-011
Property Subtype:

Site-Built Home
Location:

Lake
Lot Dimensions:

250 x 50 & IRRG
Lot Description:

Slope, Waterfront, Waterfront-Level Bank
Approx Lot Size SqFt:

25265
Approx Lot Size Acres:

0.58
Driveway:

Concrete
Waterfront:

Yes
Water Features:

Pier/Dock
Water Type:

Lake
Water Access:

Lakefront
Water Frontage:

50
Channel/Canal Frontage:

50
Water Name:

Lake Shafer
Lake Type:

Ski Lake

Listing Agent

Contact info:

Taxes

Annual Taxes:

6096.44

Beds

Total # Bedrooms:

4
1st Bedroom Level:

Main
2nd Bedroom Level:

Main
3rd Bedroom Level:

Upper
4th Bdrm Level:

Upper

Baths

Total Baths:

4
Total Full Baths:

4
# of Full Baths Main:

2
# of Full Baths Upper:

1

The Listing

Unbranded Virtual Tour:

https://my.matterport.com/show/?m=f46jJt7XutQ
Unbranded Virtual Tour 2:

https://player.vimeo.com/video/1069609952

Heating & Cooling

Heating Fuel:

Gas, Forced Air
Cooling:

Central Air

Utilities

Water Utility:

Well
Well Type:

Private
Sewer:

Regional

Schools

Elementary:

East Lawn
Middle School:

Roosevelt
High School:

Twin Lakes
School District:

Twin Lakes School Corp.

The Community

Subdivision:

None
Pool:

No
Association Dues Frequency:

Not Applicable
Other Fees Frequency:

Annually

Parking

Garage:

Yes
Garage Type:

Detached
Garage Length:

26
Garage SqFt:

572
Garage Width:

22
Garage/# of Cars:

2
Off Street Parking:

Yes

Monthly cost estimate

Asking price

$975,000

Expense	Monthly cost
Mortgage	$5,220
Taxes	$2,105
Insurance	$268
Utilities	N/A
Total	$7,593/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
3/26/25 Mar 26, 2025	Listed / Active	IRMLS	$975,000

House For Sale

$975,000

Cost Est.

$7,593/mo.

Listing provided by broker:

Cell: 574-870-4269

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This house located in IN 47960 is currently for sale for $975,000. 5242 E Wenz is a – square foot house with 4 beds and 4 baths that has been on Estately for 7 days. This house is in the attendance area of Twin Lakes Senior High School.

Listing Courtesy of: IRMLS and .

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