5639 S Richey Ln Monticello, IN 47960
Estimated payment $3,746/month
Total Views
356
2
Beds
1
Bath
912
Sq Ft
$630
Price per Sq Ft
Highlights
- Lake Front
- Deck
- 2 Car Detached Garage
- Lake Privileges
- No HOA
- Cul-De-Sac
About This Home
Wake up to sparkling water views in this fully furnished 2-bed, 1-bath cottage on 1,500-acre Lake Freeman, just 10 minutes from Indiana Beach. Tucked away on a quiet dead-end street, you'll enjoy peace, privacy, and minimal traffic--perfect for unwinding or entertaining.Inside, you'll find two living areas and a walk-out lower level designed for both cozy mornings and lively lake days. Step onto your brand-new Trex deck to soak in panoramic shoreline views, or head down to the covered double boat dock--complete with a new 10,000-lb lift--and launch into adventure.As part of an all-sport lake connected to the scenic Tippecanoe River, you'll have miles of boating, fishing, and water sports right outside your door. An oversized two-car garage, garden shed, and lakeside storage mean there's room for all your toys. Here, life moves with the rhythm of the water--and every day feels like vacation!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,350
Year Built
- Built in 1945
Lot Details
- 0.3 Acre Lot
- Lake Front
- Cul-De-Sac
- Landscaped
Parking
- 2 Car Detached Garage
- Garage Door Opener
Interior Spaces
- 1-Story Property
- Living Room
- Lake Views
- Basement
Kitchen
- Electric Range
- Microwave
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Laundry on lower level
- Dryer
- Washer
Outdoor Features
- Lake Privileges
- Deck
Utilities
- Well
Community Details
- No Home Owners Association
- Richey Park Sub Subdivision
Listing and Financial Details
- Assessor Parcel Number 916328000009600020
- Seller Considering Concessions
Map
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Home Values in the Area
Average Home Value in this Area
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 | $3,770 | $310,000 | $136,800 | $173,200 |
| 2023 | $1,655 | $284,900 | $136,800 | $148,100 |
| 2022 | $2,315 | $199,400 | $136,800 | $62,600 |
| 2021 | $2,291 | $192,800 | $136,800 | $56,000 |
| 2020 | $2,291 | $190,800 | $136,800 | $54,000 |
| 2019 | $2,110 | $183,100 | $129,800 | $53,300 |
| 2018 | $2,017 | $177,500 | $129,800 | $47,700 |
| 2017 | $1,775 | $166,600 | $129,800 | $36,800 |
| 2016 | $1,728 | $167,000 | $129,800 | $37,200 |
| 2014 | $1,643 | $157,500 | $129,800 | $27,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/15/2025 08/15/25 | For Sale | $574,999 | +19.8% | $630 / Sq Ft |
| 12/20/2023 12/20/23 | Sold | $480,000 | -12.7% | $526 / Sq Ft |
| 11/22/2023 11/22/23 | Pending | -- | -- | -- |
| 09/19/2023 09/19/23 | For Sale | $549,900 | +57.2% | $603 / Sq Ft |
| 07/19/2022 07/19/22 | Sold | $349,900 | 0.0% | $384 / Sq Ft |
| 06/25/2022 06/25/22 | Pending | -- | -- | -- |
| 06/22/2022 06/22/22 | For Sale | $349,900 | -- | $384 / Sq Ft |
Source: Northwest Indiana Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $480,000 | Columbia Title Inc | |
| Deed | $131,000 | Indiana Abstract |
Source: Public Records
Similar Homes in Monticello, IN
Source: Northwest Indiana Association of REALTORS®
MLS Number: 826084
APN: 91-63-28-000-009.600-020
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