An indicator device with wireless communication functionality for monitoring a position of a valve actuating device. The indicator device including a visual indication device having an outer beacon and an inner beacon received within the outer beacon and arranged to rotate relative to the outer beacon, a wireless module including at least one sensor, positioned within the inner beacon of the visual indication device, and configured to transmit a message using the wireless module, and a shaft extending through the visual indication device and coupled to the valve actuating device. Rotation of the shaft is detectable by the at least one sensor of the wireless module to indicate the position of the valve actuating device, and the indicator device is sealed to inhibit infiltration of liquid and penetration of debris to the wireless module.