$424,900
$424K PRICE INCREASE

1509 Tioga Ravine Monticello, IN 47960

Estimated payment $2,684/month

Total Views 9,701
4 Beds
2 Baths
2,803 Sq Ft
$152 Price per Sq Ft

Highlights

  • 225 Feet of Waterfront
  • 1.22 Acre Lot
  • Living Room with Fireplace
  • Pier or Dock
  • Lake Property
  • 2 Car Attached Garage

About This Home

Secluded Lake Freeman Retreat on 1.22 Acres – 4-Bed, 2-Bath Brick Home with Dual Fireplaces Tucked away down a private wooded lane, this charming 4-bedroom, 2-bath brick home offers the ultimate in privacy and tranquility on 1.22 scenic acres along Lake Freeman. Surrounded by mature trees and nature, this inviting lake property is perfect for year-round living or a peaceful getaway. Step inside to discover a welcoming main level featuring a cozy living room with a fireplace, tile flooring in the kitchen and dining area, plus two spacious bedrooms and a full bath. Downstairs, the finished walk-out lower level offers a warm and inviting family room with radiant heated floors, a second fireplace, two additional bedrooms, a full bath, and a dedicated laundry room. A covered walkway connects the house to the oversized two-car garage—perfect for convenience in all seasons. Whether you’re enjoying quiet mornings with lake views, entertaining by the fire, or exploring the serene wooded surroundings, this hidden gem on Lake Freeman has so much to offer. Don’t miss your chance to own this unique, secluded lakefront home with room to breathe and relax!

Listing Agent

Paula Brooks

Redlow Group Listed on: 07/08/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,424

Year Built

  • Built in 1965

Lot Details

  • 1.22 Acre Lot
  • 225 Feet of Waterfront
  • Lake Front

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Living Room with Fireplace
  • 2 Fireplaces

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • 1 Bathroom in Basement
  • 2 Bedrooms in Basement

Outdoor Features

  • Seawall
  • Lake Property
  • Lake, Pond or Stream

Schools

  • Oaklawn Elementary School
  • Roosevelt Middle School
  • Twin Lakes High School

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Gas
  • Radiant Heating System
  • Private Company Owned Well
  • Well

Listing and Financial Details

  • Assessor Parcel Number 91-73-28-000-021.100-021

Community Details

Overview

  • Lake Freeman Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,424

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1965
  • Age: 60
  • Style: One Story
  • Total Number of Rooms: 10
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: E/E N NW FRAX 28-27-3 1.22
  • Parcel Number ID: 91-73-28-000-021.100-021
  • Platted: Yes
  • Number Below Grade Bedrooms: 2
  • Year Taxes Payable: 2024 pay 2025
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2803
  • Total Finished Sq Ft: 2803
  • Above Grade Finished Sq Ft: 1447
  • Below Grade Finished Sq Ft: 1356
  • Price Per Sq Ft: 293.64
  • Basement: Yes
  • Basement Foundation: Full Basement, Walk-Out Basement, Finished
  • Number Of Fireplaces: 2
  • Fireplace: Family Rm, Living/Great Rm
  • Fireplace: Yes
  • Living Great Room: Dimensions: 18x13, On Level: Main
  • Kitchen: Dimensions: 18x7, On Level: Main
  • Dining Room: Dimensions: 13x9, On Level: Main
  • Family Room: Dimensions: 27x14, On Level: Basement
  • Extra Room: Storage Closet, Dimensions: 8x7, On Level: Basement
  • Bedroom 1: Dimensions: 13x14, On Level: Main
  • Bedroom 2: Dimensions: 15x9, On Level: Main
  • Bedroom 3: Dimensions: 13x15, On Level: Basement
  • Bedroom 4: Dimensions: 10x12, On Level: Basement
  • Other Room1: Sunroom, Dimensions: 7x20, On Level: Main
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1356

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: Shed, Dimensions: 8x8
  • Channel Canal Frontage: 225
  • Lake Type: Access to Ski Lake
  • Sea Wall Type: Steel
  • Water Features: Pier/Dock
  • Water Frontage: 225
  • Water Name: Lake Freeman

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x24
  • Garage Sq Ft: 576
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Hot Water, Radiant
  • Sewer: Regional
  • Water Utilities: Well
  • Laundry: Dimensions: Basementx11, On Level: 8
  • Water Type: Lake
  • Well Type: Private

Schools

  • School District: Twin Lakes School Corp.
  • Elementary School: Oaklawn
  • Middle School: Roosevelt
  • High School: Twin Lakes
  • Elementary School: Oaklawn

Lot Info

  • Lot Description: Lake, Waterfront-High Bank
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 53143
  • Estimated Lot Size Acres: 1.22

Tax Info

  • Annual Taxes: 4424

Multi Family

  • Water Access: Lakefront

MLS Schools

  • High School: Twin Lakes
  • Middle School: Roosevelt
  • School District: Twin Lakes School Corp.

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,424 $438,500 $75,900 $362,600
2023 $3,705 $364,800 $75,900 $288,900
2022 $3,234 $324,700 $75,900 $248,800
2021 $2,668 $268,100 $75,900 $192,200
2020 $2,351 $236,300 $58,900 $177,400
2019 $2,276 $228,900 $58,900 $170,000
2018 $2,353 $228,900 $58,900 $170,000
2017 $2,326 $226,700 $58,900 $167,800
2016 $2,322 $226,700 $58,900 $167,800
2014 $2,265 $221,200 $58,900 $162,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2025 07/26/25 Price Changed $424,900 -5.6% $152 / Sq Ft
07/10/2025 07/10/25 Price Changed $449,900 +49888.9% $161 / Sq Ft
07/08/2025 07/08/25 For Sale $900 -99.7% $0 / Sq Ft
01/11/2019 01/11/19 Sold $261,000 -4.2% $87 / Sq Ft
12/17/2018 12/17/18 Pending -- -- --
10/15/2018 10/15/18 Price Changed $272,500 -2.6% $91 / Sq Ft
08/21/2018 08/21/18 Price Changed $279,900 -1.8% $93 / Sq Ft
07/23/2018 07/23/18 Price Changed $284,900 -1.7% $95 / Sq Ft
06/07/2018 06/07/18 For Sale $289,900 +31.8% $97 / Sq Ft
07/10/2015 07/10/15 Sold $220,000 -4.3% $78 / Sq Ft
05/22/2015 05/22/15 Pending -- -- --
03/09/2015 03/09/15 For Sale $229,900 -- $82 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $261,000 Attorney Only
Deed $220,000 Columbia Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $208,800 New Conventional
Source: Public Records

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Source: Indiana Regional MLS

MLS Number: 202526666

Indiana Regional MLS

APN: 91-73-28-000-021.100-021