Cheap homes for sale & real estate in 47960, IN

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ABOUT THIS HOME
Cheap Home for sale in 47960, IN:
Looking for an affordable 3 bedroom home with a view of Lake Shafer? This is it! This abode sits on nearly 1/3 acre with mature trees, deck, asphalt driveway, enclosed front porch and firepit! Lots of updates here, with Pella replacement windows throughout & Pella slider, water resistant laminate flooring, new well 2024, metal roof 2019, Trane furnace 2019, and nice cherry kitchen cabinetry. Very spacious, 2 car attached garage. Boat slips nearby can be rented. Walk out your front door and have a view of beautiful Lake Shafer! So much for so little!

$189,900

3 beds1 bath900 sq ft

3634 E Conwell Dr, Monticello, IN 47960

Firepit • View of lake shafer • Deck

ABOUT THIS HOME
Cheap Home for sale in 47960, IN:
Welcome to this stunning new construction home by Majestic Homes, featuring the popular Coral Bay floor plan. Thoughtfully designed with comfort, style, and functionality in mind, this beautiful 3-bedroom, 2-bath ranch offers an inviting open-concept layout perfect for both everyday living and entertaining. The spacious great room showcases a cozy fireplace and flows seamlessly into the gourmet kitchen, complete with granite countertops, a stylish tile backsplash, stainless steel appliances, and a large center island ideal for meal prep, serving, or casual dining. The split-bedroom design provides added privacy, with the impressive primary suite tucked away for comfort and quiet. Enjoy a lu

$374,900

3 beds2 baths1,674 sq ft

112 Williston Ct, Delphi, IN 46923

Spacious great room • Gourmet kitchen • Coral bay floor plan

ABOUT THIS HOME
Cheap Home for sale in 47960, IN:
Charming 3-bedroom, 2-bath farmhouse full of character and country appeal! This 1½-story home blends timeless details with comfortable living, featuring some original woodwork that adds warmth and personality throughout. The main level offers a spacious layout with bright living areas and a full bath, while the upper level provides bedrooms and a second full bath for added convenience. An unfinished basement offers great potential for storage. Enjoy peaceful rural views from the side wood deck—perfect for morning coffee or evening relaxation. The large yard provides plenty of room for outdoor activities, gardening, or simply soaking up the quiet country setting. An older barn a

$160,000

3 beds2 baths1,900 sq ft

9978 N State Road 119, Monticello, IN 47960

Unfinished basement • Large yard • Older barn

ABOUT THIS HOME
Cheap Home for sale in 47960, IN:
This cute, open-concept two-bedroom home offers excellent natural light thanks to its large windows. It features a 1.5-car garage and is ready for immediate move-in with fresh paint throughout, a new water heater, and a two-year-old roof. The property is ideally located close to Lake Shafer and Indiana Beach, making it perfect for enjoying local lake activities and entertainment. Additionally, the home includes a patio with a picnic table and grill that stay, ideal for outdoor entertaining. Take a look! This might be just what you are looking for!

$159,900

2 beds1 bath806 sq ft

2406 N West Shafer Dr, Monticello, IN 47960

Open-concept • Large windows • New water heater

ABOUT THIS HOME
Cheap Home for sale in 47960, IN:
Peaceful lake living on a quiet cove just off Main Lake Shafer. This home features an all-new outdoor entertaining area, along with a boat lift (2018) and double jet ski lift for easy water access. Originally a 2-bedroom home, it was fully gutted in 2022 and redesigned into a spacious 1-bedroom layout with all new drywall, PEX plumbing, wiring, custom tile walk-in shower, windows, and French doors. Additional recent updates include a new roof (2023), concrete patio (2023), shed (2024), water softener (2023), new sliding doors (2024), all new light fixtures (2025), gutters with leaf guards (2025), and new lakeside steps with maintenance-free hillside landscaping and retaining wall (2025). Th

$279,900

1 bed1 bath756 sq ft

4299 N Silver Camp Ct, Monticello, IN 47960

Boat lift • Double jet ski lift • Concrete patio

Property at 11921 W Breezy Point Dr, Monticello, IN 47960, 3 beds, 2 baths

$325,000

3 beds2 baths1,232 sq ft

11921 W Breezy Point Dr, Monticello, IN 47960

Property at 6690 E Palmers Dr Ave, Monticello, IN 47960, 2 beds, 1 bath

$224,900

2 beds1 bath1,008 sq ft

6690 E Palmers Dr Ave, Monticello, IN 47960

Property at 6760 E Leisure Ct, Monticello, IN 47960, 3 beds, 1 bath

$159,900

3 beds1 bath992 sq ft

6760 E Leisure Ct, Monticello, IN 47960

(219) 987-2230

Property at 3249 N 400 East Xrd, Monticello, IN 47960, 3 beds, 2 baths

$277,500

3 beds2 baths1,638 sq ft

3249 N 400 East Xrd, Monticello, IN 47960

Property at 11128 N Landing Rd, Monticello, IN 47960, 2 beds, 1 bath

$69,900

2 beds1 bath684 sq ft

11128 N Landing Rd, Monticello, IN 47960

Property at 3580 N West Shafer Dr, Monticello, IN 47960, 3 beds, 2 baths

$399,900

3 beds2 baths1,953 sq ft

3580 N West Shafer Dr, Monticello, IN 47960

Property at 5255 E Bay Front Ct, Monticello, IN 47960, 2 beds, 1 bath

$279,900

2 beds1 bath840 sq ft

5255 E Bay Front Ct, Monticello, IN 47960

Property at 1650 N Royal Oaks Dr, Monticello, IN 47960, 3 beds, 2 baths

$355,000

3 beds2 baths2,170 sq ft

1650 N Royal Oaks Dr, Monticello, IN 47960

Property at 6506 E 250 N, Monticello, IN 47960, 2 beds, 2 baths

$239,900

2 beds2 baths1,144 sq ft

6506 E 250 N, Monticello, IN 47960

(574) 896-2567

Property at 611 Hillcrest Dr, Monticello, IN 47960, 3 beds, 1 bath

$175,000

3 beds1 bath1,008 sq ft

611 Hillcrest Dr, Monticello, IN 47960

Property at 808 E Pine Ln, Monticello, IN 47960, 5 beds, 2 baths

$220,000

5 beds2 baths1,635 sq ft

808 E Pine Ln, Monticello, IN 47960

Property at 5638 E 400 Rd N, Monticello, IN 47960, 4 beds, 3.5 baths

$389,900

4 beds3.5 baths2,620 sq ft

5638 E 400 Rd N, Monticello, IN 47960

Property at 5220 E Wenz Dr, Monticello, IN 47960, 2 beds, 2.5 baths

$374,500

2 beds2.5 baths960 sq ft

5220 E Wenz Dr, Monticello, IN 47960

Property at 212 Northwestern Ave, Monticello, IN 46970, 3 beds, 1.5 baths

$160,000

3 beds1.5 baths2,280 sq ft

212 Northwestern Ave, Monticello, IN 46970

Property at 3146 N West Shafer Dr, Monticello, IN 47960, 3 beds, 2 baths

$329,900

3 beds2 baths2,028 sq ft

3146 N West Shafer Dr, Monticello, IN 47960

Property at 206 Royalwood Dr, Monticello, IN 47960, 3 beds, 2 baths

$349,900

3 beds2 baths1,720 sq ft

206 Royalwood Dr, Monticello, IN 47960

Property at 11912 W Breezy Point Dr, Monticello, IN 47960, 2 beds, 1 bath

$219,000

2 beds1 bath660 sq ft

11912 W Breezy Point Dr, Monticello, IN 47960

Property at 5271 E Willow Ct, Monticello, IN 47960, 4 beds, 2.5 baths

$449,000

4 beds2.5 baths2,016 sq ft

5271 E Willow Ct, Monticello, IN 47960

Property at 11086 N Landing Rd, Monticello, IN 47960, 2 beds, 2 baths

$123,500

2 beds2 baths980 sq ft

11086 N Landing Rd, Monticello, IN 47960

Property at 11791 W Pirates Roost Rd, Monticello, IN 47960, 1 bed, 1 bath

$230,000

1 bed1 bath320 sq ft

11791 W Pirates Roost Rd, Monticello, IN 47960

Property at 7533 N Longbriar Ct, Monticello, IN 47960, 0.5 baths

$219,000

— beds0.5 baths2,016 sq ft

7533 N Longbriar Ct, Monticello, IN 47960

Property at 5124 N Point Park Ct, Monticello, IN 47960, 3 beds, 2 baths

$265,000

3 beds2 baths2,292 sq ft

5124 N Point Park Ct, Monticello, IN 47960

Property at 7563 E 600 Rd N, Monticello, IN 47960, 2 beds, 1.5 baths

$319,900

2 beds1.5 baths1,158 sq ft

7563 E 600 Rd N, Monticello, IN 47960

Property at 5927 E US 24, Monticello, IN 47960, 4 beds, 2 baths

$369,900

4 beds2 baths2,160 sq ft

5927 E US 24, Monticello, IN 47960

Property at 1503 N Main St, Monticello, IN 47960, 2 beds, 1 bath

$199,900

2 beds1 bath956 sq ft

1503 N Main St, Monticello, IN 47960

Property at 505 W Marion St, Monticello, IN 47960, 4 beds, 2 baths

$249,900

4 beds2 baths1,456 sq ft

505 W Marion St, Monticello, IN 47960

Property at 5053 E Robin Ct, Monticello, IN 47960, 2 beds, 1 bath

$299,000

2 beds1 bath876 sq ft

5053 E Robin Ct, Monticello, IN 47960

Property at 1509 Tioga Ravine Rd, Monticello, IN 47960, 4 beds, 2 baths

$399,500

4 beds2 baths2,803 sq ft

1509 Tioga Ravine Rd, Monticello, IN 47960

Property at 5416 Norway Rd, Monticello, IN 47960, 3 beds, 2 baths

$299,900

3 beds2 baths1,447 sq ft

5416 Norway Rd, Monticello, IN 47960

Property at 2412 N West Shafer Dr, Monticello, IN 47960, 3 beds, 3 baths

$285,000

3 beds3 baths912 sq ft

2412 N West Shafer Dr, Monticello, IN 47960

Property at 4386 E Luse Rd, Monticello, IN 47960, 4 beds, 3 baths

$434,900

4 beds3 baths3,624 sq ft

4386 E Luse Rd, Monticello, IN 47960

Property at 3322 N Lakeshore Dr, Monticello, IN 47960, 3 beds, 2.5 baths

$399,000

3 beds2.5 baths1,788 sq ft

3322 N Lakeshore Dr, Monticello, IN 47960

Property at 2222 S Runway Ct, Monticello, IN 47960, 1 bed, 1 bath

$59,000

1 bed1 bath375 sq ft

2222 S Runway Ct, Monticello, IN 47960

Property at 1607 Lawson Ln, Monticello, IN 47960, 2 beds, 1 bath

$309,000

2 beds1 bath1,196 sq ft

1607 Lawson Ln, Monticello, IN 47960

Property at 5434 Norway Rd, Monticello, IN 47960, 3 beds, 2 baths

$329,900

3 beds2 baths1,667 sq ft

5434 Norway Rd, Monticello, IN 47960

Property at 4319 E Penrod Dr Dr, Monticello, IN 47960, 2 beds, 1.5 baths

$310,000

2 beds1.5 baths832 sq ft

4319 E Penrod Dr Dr, Monticello, IN 47960

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Based on information submitted to the MLS GRID as of Fri Nov 28 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Cheap Homes for Sale in 47960

There are currently 90 cheap homes for sale in 47960 at a median listing price of $327K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in 47960 stay on the market for 92 days and receive 1 offers. This map is refreshed with the newest listings in 47960 every 15 minutes.

In the past month, 20 homes have been sold in 47960. In addition to houses in 47960, there were also 2 condos, 1 townhouse, and 1 multi-family unit for sale in 47960 last month. Find your dream home in 47960 using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in 47960 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 47960. If you're looking to sell your home in the 47960 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 47960 with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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