$610,000
$34K PRICE DROP

5823 E Sheridan Rd Monticello, IN 47960

Estimated payment $3,879/month

Total Views 6,123
3 Beds
3 Baths
2,800 Sq Ft
$218 Price per Sq Ft

Highlights

  • 50 Feet of Waterfront
  • Primary Bedroom Suite
  • Cape Cod Architecture
  • Pier or Dock
  • Lake Property
  • Cathedral Ceiling

About This Home

Maintenance free living on the lake! Composite deck requires no staining or painting! One of the best panoramic high bank views on Lake Freeman! Quality built in 2013, this home has it all! First thing you'll notice is the floor-to-ceiling windows that take in the incredible view from the Great room, loft, and kitchen. Walk out onto the deck to a breathtaking view and enjoy your morning coffee or grill out and entertain guests. The full finished walkout basement is perfect for entertaining with the large bar, 2nd full kitchen, and 2nd deck area. The covered dock has room for fishing, pontoon, or ski boat with permanent boat lift. Easy access up and down embankment to dock with electric lift. 3 bedrooms/3 baths. 3rd bedroom is the 2nd floor loft. 2 car attached garage, plus lots of room to park.

Listing Agent

Jennifer O'Shea

Keller Williams Indy Metro NE Brokerage Phone: 765-426-0425 Listed on: 06/13/2025

Keller Williams Indy Metro NE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,124

Year Built

  • Built in 2013

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 50x195
  • 50 Feet of Waterfront
  • Lake Front
  • Vinyl Fence
  • Sloped Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Cape Cod Architecture
  • Traditional Architecture
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Water Views
  • Fire and Smoke Detector

Kitchen

  • Kitchen Island
  • Laminate Countertops
  • Utility Sink

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Finished Basement

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

Outdoor Features

  • Sun Deck
  • Waterski or Wakeboard
  • Seawall
  • Lake Property
  • Lake, Pond or Stream
  • Covered patio or porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Heating System Uses Gas
  • Smart Home Wiring
  • Well
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 91-63-28-000-017.600-020

Community Details

Overview

  • Gingrich Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,124

Year Built

Built in 2013

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2013
  • Age: 12
  • Style: Two Story
  • Architectural Style: Cape Cod, Traditional
  • Total Number of Rooms: 10
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: GINGRICH ADD LOT 70
  • Parcel Number ID: 91-63-28-000-017.600-020
  • Platted: Yes
  • Amenities: Attic Pull Down Stairs, Attic Storage, Bar, Cable Ready, Ceiling-Cathedral, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Laminate, Countertops-Solid Surf, Deck Open, Deck on Waterfront, Detector-Smoke, Dryer Hook Up Electric, Garage Door Opener, Kitchen Island, Patio Covered, Six Panel Doors, Utility Sink, Wiring-Smart Home, Stand Up Shower, Tub/Shower Combination, Main Level Bedroom Suite, Main Floor Laundry, Washer Hook-Up
  • Location: Lake
  • Year Taxes Payable: 2025
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2800
  • Total Finished Sq Ft: 2800
  • Above Grade Finished Sq Ft: 1680
  • Below Grade Finished Sq Ft: 1120
  • Price Per Sq Ft: 363.1
  • Basement: Yes
  • Basement Foundation: Full Basement, Walk-Out Basement, Finished
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Living Great Room: Dimensions: 16x13, On Level: Main
  • Kitchen: Dimensions: 14x13, On Level: Main
  • Breakfast Room: Dimensions: 12x7, On Level: Lower
  • Family Room: Dimensions: 15x12, On Level: Lower
  • Bedroom 1: Dimensions: 13x11, On Level: Main
  • Bedroom 2: Dimensions: 11x11, On Level: Main
  • Bedroom 3: Dimensions: 28x21, On Level: Upper
  • Other Room1: Basement Kitchen, Dimensions: 12x9, On Level: Lower
  • Other Room 2: Pantry, Dimensions: 12x9, On Level: Lower
  • Other Room 3: Bar, Dimensions: 22x13, On Level: Lower
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1120

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: None
  • Fence: Vinyl
  • Lake Type: Ski Lake
  • Sea Wall Type: Rip Rap
  • Water Features: Pier/Dock
  • Water Frontage: 50
  • Water Name: Lake Freeman

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 19x24
  • Garage Sq Ft: 456
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Cable Company: Comcast/Xfinity
  • Hvac: Ceiling Fan, High Efficiency Furnace
  • Water Type: Lake
  • Well Type: Unknown

Schools

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

Lot Info

  • Lot Description: Slope, Waterfront, Lake, Water View, Waterfront-High Bank
  • Lot Dimensions: 50X195
  • Estimated Lot Sq Ft: 9583
  • Estimated Lot Size Acres: 0.22
  • Lot Number: 70

Tax Info

  • Annual Taxes: 6124

Multi Family

  • Water Access: Lakefront

MLS Schools

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

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $6,125 $503,700 $79,300 $424,400
2023 $5,060 $439,200 $79,300 $359,900
2022 $2,241 $364,700 $79,300 $285,400
2021 $2,044 $330,000 $79,300 $250,700
2020 $1,865 $304,100 $71,400 $232,700
2019 $1,714 $294,500 $66,300 $228,200
2018 $1,387 $251,200 $66,300 $184,900
2017 $1,264 $248,500 $66,300 $182,200
2016 $1,290 $252,500 $66,300 $186,200
2014 $1,539 $276,300 $66,300 $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 Price Changed $610,000 -2.4% $218 / Sq Ft
06/20/2025 06/20/25 Price Changed $625,000 -3.0% $223 / Sq Ft
06/13/2025 06/13/25 For Sale $644,000 +15.0% $230 / Sq Ft
05/13/2022 05/13/22 Sold $560,000 0.0% $200 / Sq Ft
05/03/2022 05/03/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $560,000 +558.8% $200 / Sq Ft
05/08/2012 05/08/12 Sold $85,000 0.0% $152 / Sq Ft
04/23/2012 04/23/12 Pending -- -- --
06/10/2009 06/10/09 For Sale $85,000 -- $152 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Deed $560,000 Metropolitan Title Company
Deed $85,000 White Co Abstract & Title Co
Source: Public Records

Similar Homes in Monticello, IN

  • 5793 E Pierce Rd, Monticello, IN 47960

    $614,500

    • 4 Beds
    • 3 Baths
    • 3,556 Sq Ft
    • 5793 E Pierce Rd
    • Monticello, IN

    New Price & Fresh Opportunity – Enjoy Stunning Lake Freeman Views Without the Waterfront Taxes! Experience the charm of lakeside living in this beautifully updated home, ideally situated on nearly one acre with breathtaking views of Lake Freeman from nearly every window. Offering the best of both worlds, you’ll enjoy expansive water views—without the premium lakefront taxes. This spacious home

    Paula Brooks Redlow Group

    Section Image
  • 11766 W 1000 N, Monticello, IN 47960

    $599,900

    • 4 Beds
    • 2.5 Baths
    • 2,062 Sq Ft
    • 11766 W 1000 N
    • Monticello, IN

    LAKE LIFE APPEAL with a COUNTRYSIDE FEEL! This Main Lake Freeman home offers panoramic lake views amid the rural setting of its 2+ acre parcels of land. Inside you’ll discover 4 bedrooms, each of which has direct access to the 2 full Jack + Jill bathrooms. An XL living room, family room with/gas stove, dining room, eat-in kitchen & and 1100 sq ft basement, offer plenty of space for friends,

    Sean Dekker REAL ESTATE NETWORK L.L.C

    Section Image
  • 11938 W Breezy Point Dr, Monticello, IN 47960

    $699,900

    • 3 Beds
    • 2.5 Baths
    • 2,646 Sq Ft
    • 11938 W Breezy Point Dr
    • Monticello, IN

    Widest Views and Location on Lake Freeman with incredible sunsets and open sky. TURN KEY WITH FURNISHINGS & WATER TOYS STAYING. This remodeled open concept one level with walkout basement has high end finishes throughout with; new custom granite kitchen/Shelf Genie Cabinetry w/ lifetime warranty, 4'x11' Kitchen Island with granite counter, recessed lighting, new plank flooring, stainless

    Gregory Vogel VOGEL REAL ESTATE

    Section Image
  • 10502 N Corley Dr, Monticello, IN 47960

    $450,000

    • 2 Beds
    • 2 Baths
    • 2,536 Sq Ft
    • 10502 N Corley Dr
    • Monticello, IN

    Looking for a beautiful home on Lake Freeman, this is the one. Brick and wood exterior, large lakeside deck with Gazebo, and boat lift. 2 bedrooms and 2 Full baths, wood burning fireplace, with full finished basement for all your entertaining. Den, on the main floor, was once a bedroom, and could easily be the 3rd bedroom. All new electric updated in 2018, and many more updates. Some

    Cynthia Lesh Twin Lakes Real Estate, Inc

    Section Image
  • 11068 N Lower Lake Shore Dr, Monticello, IN 47960

    $619,500

    • 3 Beds
    • 3.5 Baths
    • 2,924 Sq Ft
    • 11068 N Lower Lake Shore Dr
    • Monticello, IN

    Lake-Level Living on Lake Freeman, and not in a flood zone so no flood insurance needed! Enjoy peace of mind with a three year old roof, furnace, and central air. You will have year-round comfort in the heated and cooled sunroom overlooking the lake. The open-concept layout of the living areas is perfect for entertaining, and the home's distinctive interior brickwork adds character and charm.

    Christine Thayer REAL ESTATE NETWORK L.L.C

    Section Image
  • 5785 E Golden Hills Dr, Monticello, IN 47960

    $499,000

    • 4 Beds
    • 4.5 Baths
    • 2,848 Sq Ft
    • 5785 E Golden Hills Dr
    • Monticello, IN

    Once in a lifetime opportunity: 5785 Golden Hills, your Lake Freeman entertainment oasis and peaceful retreat bundled as one. Single family owned for decades. Meticulously maintained and in pristine condition, this property boasts too many features to list. Sitting within this spacious parcel, you'll find a 1656 SqFt main house, 880 SqFt duplex, 312 SqFt pool house, and 30x38 garage. Overlooking

    Cody Miller Raeco Realty - Monticello

    Section Image
  • 11068 N Quiet Water Cir, Monticello, IN 47960

    $539,900

    • 4 Beds
    • 2.5 Baths
    • 3,312 Sq Ft
    • 11068 N Quiet Water Cir
    • Monticello, IN

    Welcome to this beautifully maintained 4-bedroom, 2.5-bath home nestled on 100 feet of peaceful Canal frontage. Built in 2005, this custom, 3300 sq ft residence offers a thoughtful blend of elegance and functionality. Step inside to find hardwood floors flowing seamlessly throughout most of the home accompanied by beautiful oak trim. The expansive main-floor master suite is a true retreat,

    Garrett Criswell Raeco Realty - Monticello

    Section Image
  • 4386 E Luse Rd, Monticello, IN 47960

    $459,900

    • 4 Beds
    • 3 Baths
    • 3,624 Sq Ft
    • 4386 E Luse Rd
    • Monticello, IN

    Peaceful Retreat with Space to Roam, Just South of Monticello Escape the hustle and embrace the quiet beauty of country living in this spacious 4-bedroom,3-bathroom home nestled on a scenic lot just minutes from town. Backed by pristine wilderness,you’ll enjoy daily views of deer, wild turkey, and other wildlife right from your backyard. A true nature lover’s paradise. The location offers easy

    Brian Rodriguez VOGEL REAL ESTATE

    Section Image
  • 11751 U S 421, Monticello, IN 47960

    $479,900

    • 3 Beds
    • 2.5 Baths
    • 2,336 Sq Ft
    • 11751 U S 421
    • Monticello, IN

    Welcome to this custom-built 3 bed, 2.5 bath home nestled on nearly 6.5 acres of serene, wooded land. Built in 2003 and meticulously maintained inside and out, this property offers a rare blend of privacy, quality, and charm. A long blacktop driveway leads you back to the home and detached garage, which includes a large storage loft above—perfect for hobbies or additional space. Inside, you’ll

    Garrett Criswell Raeco Realty - Monticello

    Section Image

Source: Indiana Regional MLS

MLS Number: 202522521

Indiana Regional MLS

APN: 91-63-28-000-017.600-020