Monticello Homes under $150,000

Welcome to Monticello, Indiana – a hidden gem nestled in the heart of White County. Known for its picturesque landscapes and friendly community, Monticello offers a unique blend of small-town charm and vibrant recreational opportunities. With its stunning lakes, including the beautiful Lake Freeman and Lake Shafer, residents enjoy a wealth of outdoor activities, from boating and fishing to hiking and picnicking along the scenic shores.

Monticello is not just about natural beauty; it boasts a rich history and a tight-knit community that welcomes newcomers with open arms. The city hosts a variety of local events and festivals throughout the year, fostering a sense of belonging and camaraderie among its residents. Whether you're strolling through the quaint downtown area filled with local shops and eateries or enjoying a summer concert in the park, Monticello radiates warmth and community spirit.

For those seeking affordable housing options, Monticello has a fantastic selection of homes available for under $150,000. These charming properties offer great value, making it an ideal place for first-time homebuyers, retirees, or anyone looking to downsize without sacrificing quality of life. From cozy bungalows to spacious family homes, there’s something for everyone in this vibrant market.

With an affordable cost of living and a welcoming atmosphere, Monticello is the perfect place to plant your roots. Come discover the beauty and opportunity that await in this delightful Indiana city!

Newest Monticello Homes under $150,000

$89,900

2 Beds ⋅ 1 Baths ⋅ 202635625 MLS ⋅ 944 SqFt. ⋅ John Schmicker

Here's your chance to own a rare piece of riverfront paradise! Situated on a .405 lot that gently slopes to the water’s edge, this gutted home is ready for your vision and creativity. Enjoy panoramic views of the river right from your living room, with direct access to the water for fishing, kayaking, boating, or simply relaxing and taking in the serene surroundings. The interior has been completely stripped to the studs, providing a clean slate and saving you demo costs. Utilities are on and functioning... has bathroom & water, hooked to TLSD ! This property is in the flood zone.

8049 E Pondview Ct, Monticello

Listing courtesy of John Schmicker from All American Realty. Cell: 574-225-0292

$110,000

3 Beds ⋅ 2 Baths ⋅ 202631526 MLS ⋅ 988 SqFt. ⋅ Shelley Molter

NEW PRICE! Affordable opportunity in Monticello! This 3-bedroom, 2-bath manufactured home offers convenient one-level living with a functional floor plan and plenty of potential. Whether you're looking for a place to call home or an investment property, this could be the opportunity you've been waiting for. Additional features include a covered carport and convenient in-town location close to local amenities. Manufactured home with retired title. Currently tenant occupied on a month-to-month lease, providing flexibility for a future owner or investor. Property is being sold AS-IS. Cash or conventional financing only. Don't miss your chance to make this property your own—schedule a showing today! Some photos have been virtual staged and current tenant items removed to give a buyer an idea on space and design options.

435 Turpie St, Monticello

Listing courtesy of Shelley Molter from The Real Estate Agency. Agt: 765-479-3773

$114,900

3 Beds ⋅ 1 Baths ⋅ 202622044 MLS ⋅ 1,768 SqFt. ⋅ Kathy Stucker-Bates

OLDER HOME VERY STURDY NEEDING WORK BUT LOCATION, THE HOME ITSELF HAS SOME THINGS NEEDING WORK BUT IF YOU KNOW HOW TO DO THINGS THIS IS ONE OF THOSE HOUSE THAT CAN B BROUGHT BACK TO LIFE AND GIVE SOMEONE A GREAT HOME TO RAISE ANOTHER FAMILY IN.

107 Dewey St, Monticello

Listing courtesy of Kathy Stucker-Bates from Stucker Rlty Inc.

$85,000

1 Beds ⋅ 1 Baths ⋅ 202511538 MLS ⋅ 834 SqFt. ⋅ Evan Vogel

BIG PRICE REDUCTION !! This cozy home is the perfect blend of comfort and convenience. Featuring vinyl siding and a metal roof. This property includes a second lot with a newer shed & Porch, Ideal for all your outdoor storage needs. Located in close proximity to thrilling amusement park/Campgrounds, pristine local golf courses, and 1 Block Off Lake shafer. This home offers entertainment and recreation right at your doorstep.

4915 E White Point Dr, Monticello

Listing courtesy of Evan Vogel from VOGEL REAL ESTATE. evan@vogel-real-estate.com

$140,000

2 Beds ⋅ 2 Baths ⋅ 202627213 MLS ⋅ 1,064 SqFt. ⋅ Kathleen Bassett

Cute, fully remodeled 2-bedroom, 2-bath mobile home just minutes from Indiana Beach! This move-in-ready home features a brand-new roof, siding, and flooring throughout. Fresh, modern updates make it perfect for a first-time homeowner or a smart investment property. Two car detached finished garage just steps away from the house.Enjoy low-maintenance living in a great location close to Lake Shafer. A clean, updated gem you won’t want to miss!

4706 E Ravinea Loop, Monticello

Listing courtesy of Kathleen Bassett from Redlow Group.

$125,000

1 Beds ⋅ 1 Baths ⋅ 202621014 MLS ⋅ 744 SqFt. ⋅ Stephanie Vernon

Enjoy easy, low maintenance living in this well maintained 1 bed, 1 bath condo located in a desirable community in the heart of Monticello. Offering 744 square feet of comfortable one-level living, this home features updated flooring, fresh paint, and upgraded lighting. The functional floor plan includes the convenience of in-unit laundry and a welcoming living space. An open carport with an enclosed storage space provides additional room for everyday convenience. Ideally situated near shopping, dining, and a local park, you'll love the accessibility this location offers. Whether you're looking to simplify or downsize, this move-in-ready condo is a wonderful place to call home.

822 Woodlawn Ave Unit D, Monticello

Listing courtesy of Stephanie Vernon from REAL ESTATE NETWORK L.L.C. Cell: 765-586-7221

$139,900

3 Beds ⋅ 1 Baths ⋅ 202549037 MLS ⋅ 1,502 SqFt. ⋅ Evan Vogel

3 bedroom, 1 bath, 1.5 story house on the South side of Monticello. Corner lot with street and alley access located a short distance away from the high school and the city park/Lake Freeman public boat launch. Original character with carpeted floors, a fireplace, and an enclosed porch. Detached 2 car garage with attic storage space, metal roof, large deck, vinyl windows, and utility shed with electricity in the backyard are just more reasons to be the new owner of this in-town home.

602 Maple St, Monticello

Listing courtesy of Evan Vogel from VOGEL REAL ESTATE. evan@vogel-real-estate.com

$124,000

2 Beds ⋅ 2 Baths ⋅ 202626528 MLS ⋅ 952 SqFt. ⋅ Brenda Sprunger

Discover relaxed lake living in this inviting 2-bedroom, 2-bath home on Lake Freeman! Featuring an open floor plan designed for comfortable living and easy entertaining, this home offers a bright, spacious feel throughout. Step outside to enjoy the large deck — perfect for morning coffee, summer cookouts, or unwinding after a day on the water. A storage shed provides extra space for lake toys, tools, and outdoor equipment. Situated on canal water frontage just minutes from the main waters of Lake Freeman, you’ll enjoy quick and convenient access to boating, fishing, and endless recreation. Residents also enjoy fantastic community amenities including a clubhouse and inground swimming pool, adding even more opportunities for fun and relaxation. Whether you’re searching for a full-time residence, weekend retreat, or investment opportunity, this property offers the ideal combination of comfort, convenience, and lake lifestyle living.

11102 N Landings Rd, Monticello

Listing courtesy of Brenda Sprunger from Redlow Group.

$125,000

4 Beds ⋅ 2 Baths ⋅ 202617269 MLS ⋅ 2,232 SqFt. ⋅ Stephanie McKinley

Priced below appraised value! Step inside this home with tons of potential and vintage charm. You are welcomed with original hardwood floors (plus some flooring that has been updated!), 4 large bedrooms, 2 full baths, and a fully fenced in side yard. The tall ceilings make the home feel so much larger than it already is! So many possibilities with 214 W. Washington St. You’ll enjoy the front sunroom (perfect for relaxation or plants!), the large detached garage, and being close to downtown. The original wood work around the doors, windows, and the staircase are unmatched.

214 W Washington St, Monticello

Listing courtesy of Stephanie McKinley from Raeco Realty.

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Updated . Information deemed reliable but not guaranteed.

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of 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. Some listings have been excluded from this website.