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RUSTIC, YET RESPLENDENT, this 2600 sq ft home, on an acre+ lake...

Lakefront  Home  Monticello, Indiana

8429 N Kiger Drive

3 3.0   Sf: 2632   Yr: 1989  Acres: 1.230

Sean Dekker, Agent

Charming 3 bed, 1 bath lake cottage with a newly renovated...

Lakefront  Home  Monticello, Indiana

3336 E Bailey Road

5 2.0   Sf: 1508   Yr: 1948  Acres: 0.460

Nathan Walts, Agent

Live the lake dream NOW. Spend time on the water, not fixing...

Lakefront  Home  Monticello, Indiana

6062 N Lake Rd 67 E

3 2.0   Sf: 1173   Yr: 2022  Acres: 0.411

Pamela Simons, Agent

Beautiful Big Monon Views! This move-in ready 4-bedroom, 2-bath...

Lakefront  Home  Monticello, Indiana

3824 E Bailey Road

4 2.0   Sf: 1540   Yr: 1950  Acres: 0.400

John Koppelmann, CRS, e-PRO, GRI, SRES, Agent

Riverfront retreat, fully loaded and move-in ready! This...

Lakefront  Home  Monticello, Indiana

1602 N Brandywine Court

3 2.0   Sf: 2350   Yr: 1979  Acres: 0.980

Jill Coble, Agent
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Endless potential on the Big Monon! With over 300 ft of...

Lakefront  Home  Monon, Indiana

6793 N 300 E

2 2.0   Sf: 2058   Yr: 1925  Acres: 0.345

Jill Coble, Agent

Discover lakefront living at its finest in this custom-built...

Lakefront  Home  Monticello, Indiana

5242 E Wenz Drive

4 4.0   Sf: 3470   Yr: 2003  Acres: 0.580

Bart Hickman, Agent

Focus on what is important! Enjoying the lake life with your...

Lakefront  Home  Monticello, Indiana

2371 G N Untalulti Drive

3 3.0   Sf: 1404   Yr: 1918  Acres: 0.050

Bart Hickman, Agent

Welcome to your perfect getaway on Lake Shafer! This charming...

Lakefront  Home  Monticello, Indiana

2371 N Untalulti Drive D

2 1.0   Sf: 432   Yr: 1918  Acres: 0.024

Bart Hickman, Agent

Enjoy serene waterfront living in this stunning 4-bedroom...

Lakefront  Home  Monticello, Indiana

5128 N Highland Cove Court

4 3.0   Sf: 3024   Yr: 1979  Acres: 0.350

Bart Hickman, Agent

Welcome to your Lake Shafer dream home-- this remarkable...

Lakefront  Home  Monticello, Indiana

4243 N West Shafer Drive

4 4.0   Sf: 3833   Yr: 2011  Acres: 0.470

OPEN HOUSE SATURDAY 3/22/25 1-3 PME TAKE A TOUR!! Best Views on...

Lakefront  Home  Monticello, Indiana

5413 E Fairbanks Court

4 3.0   Sf: 4236   Yr: 1980  Acres: 0.360

Start Showing Date: 5/8/2025 This stunning new custom-built...

Lakefront  Home  Monticello, Indiana

4033 Denver Court

3 3.0   Sf: 2707   Yr: 2025  Acres: 0.240

Main Lake Shafer Remodeled and Modernized 1.5 Story 3 bedroom, 2...

Lakefront  Home  Monticello, Indiana

2316 N Sullivan Court

3 2.0   Sf: 1960   Yr: 1959  Acres: 0.160

Lake Level on Main Lake Shafer, best views of Indiana Beach...

Lakefront  Home  Monticello, Indiana

2308 N Sullivan Court

3 3.0   Sf: 3284   Yr: 1972  Acres: 0.170

Beautiful lake home right across from Indiana Beach with...

Lakefront  Home  Monticello, Indiana

2770 N Baer's Court

4 3.0   Sf: 2673   Yr: 1941  Acres: 0.470

Nearly Finished Brand New Construction 3 bedroom 2 full bath 1...

Home  Monticello, Indiana

75 W Shafer Drive

3 2.0   Sf: 1980   Yr: 2024  Acres: 0.340

Beautiful waterfront home on Upper Lake Freeman includes 70 foot...

Lakefront  Home  Monticello, Indiana

1140 N Diamond Point Court

4 4.0   Sf: 2890   Yr: 1964  Acres: 0.378

Updated and all new!! This beautiful home has been completely...

Lakefront  Home  Monticello, Indiana

5124 N Point Park Court

3 2.0   Sf: 2292   Yr: 1945  Acres: 0.650

Adorable lake cottage with private dock now offered for sale on...

Lakefront  Home  Monticello, Indiana

5255 E Bay Front Court

2 1.0   Sf: 840   Yr: 1960  Acres: 0.208

John Koppelmann: Lake Shafer Real Estate Agent Info

Service oriented company with expertise in the Monticello area including Lake Shafer and Lake Freeman.

Lake Shafer Information

Keep Indiana’s Lake Shafer in mind if you’re looking for lake homes for sale. Located just outside Monticello, Indiana, and within driving distance of such metropolitan hubs as Chicago, Illinois, Lake Shafer feels delightfully isolated from the outside world but is still refreshingly close to civilization. The lake is continually fed by the Tippecanoe River, ensuring the water is always at the level you need to do whatever you like!

Lake Shafer has a sibling, Lake Freeman, but is the obvious favorite of the two as she is larger and offers more in the way of recreation and entertainment opportunities. Her size accommodates both water revelers looking to make some waves and anglers looking for a secluded cove. Set out upon the lake’s 1,291 acres of water surface and pick a spot to cast your rod, any spot will do. Lake Shafer is well known for housing healthy populations of multiple species of fish. Common catches include white crappie, bluegill, carp, and channel catfish, in addition to smallmouth, largemouth, hybrid, and white bass. In fact, Lake Shafer hosts the American Bass Anglers Fishing Tournament each year. Whether your hook is baited for the next record-breaking catfish or prize bass, sit back and enjoy the hunt!

Lake Shafer’s 50 miles of pristine shoreline invite all to come and stay a while, no matter if you have your heart set on boating or sunbathing. Lake homes for sale not only have full access to the lake itself, but they're also steps away from the numerous marinas and countless campsites that encircle the lake. Look out upon the lake in the summer and you will find families in powerboats, adrenaline enthusiasts on water skies, and athletes in kayaks. Simply put, you’ll find people having the time of their life! You may also note the many that choose to turn the volume down a bit, mastering the fine art of becoming one with the beach. Surely, Lake Shafer is eager to move at any pace you like.

The fun continues off the lake as well. Lake-view properties just so happen to be surrounded by several quality golf courses and attractions. One course in particular, the Tippecanoe Country Club, is situated directly on the lake and is open to the public from mid-March through Thanksgiving. In addition to serving up eighteen engaging holes to play, the par-72 course also features a clubhouse and pro-shop, a restaurant and bar, and banquet facilities. If you’d like to live on a Lake Shafer golf course, visit GolfHomes.com for property listings and details.

A true one-stop-shop for family entertainment is found in Lake Shafer’s neighbor, the Indiana Beach Amusement Park and Camp Resort. The largest amusement park in the state is home to six roller coasters and thirty rides total. The park also features a miniature golf course and water park. Set the speed of your Lake Shafer experience and enjoy the ride today!

Lake Shafer and Lake Freeman just 2 hours south of Chicago, 90 Minutes north of Indianapolis in Indiana. Indiana Beach is on Lake Shafer. 2 campgrounds, 3 golf courses near both lakes. Jet skis, swimming, boat docks, power boats are permitted on both lakes. Depth of lakes vary up to 30'. City of Monticello (quaint resort town) is situated between both lakes Freeman and Shafer.

If you're interested in specific real estate options, amenities, or activities around the lake, feel free to ask a Lake Real Estate Specialist!

Are Jet Skis permitted on Lake Shafer? Yes
Can you Swim in Lake Shafer? Yes
Are Boat Docks permitted at Lake Shafer? Yes
Are Power Boats permitted at Lake Shafer? Yes
What is the Lake Depth at Lake Shafer? 30'
What are the Nearby Cities to Lake Shafer? City of Monticello