725 Bluewater Dr Monticello, IN 47960
Estimated payment $2,849/month
Highlights
- 105 Feet of Waterfront
- Open Floorplan
- Dock Rights
- Pier or Dock
- Lake Property
- Traditional Architecture
About This Home
LAKE LIFE goals at its finest! This riverfront property is located just a short boat ride from main Lake Freeman! All situated around the inviting courtyard you’ll find easy access to the properties 3 buildings- the main house, guest house/detached garage, and “party” barn. The main house has an open concept first floor kitchen, dining, and living area with fireplace, windows overlooking the water, upgraded kitchen appliances, plus a den, laundry, and full bathroom. The second floor is where you will find 3 bedrooms, and 2 additional full bathrooms-including the primary suite with a gorgeous walk-in tiled shower, walk-in closet, and balcony overlooking the gorgeous water view. The guest house/studio has its own entrance with a bedroom/kitchenette and full bathroom with a walk-in tiled shower. The finished “party barn” is an added perk and the ideal entertaining space with wood floors, windows all around, and a custom bar. Covered boat house and permanent lift. Next door to Bluewater Park with a playground, basketball courts, and public access point so your guests can bring their watercraft, too! Whether you are looking for year round living, space to entertain guests, or Airbnb income, this incredible property is one of a kind and sure to check all the boxes!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,097
Year Built
- Built in 2001
Lot Details
- 0.29 Acre Lot
- Lot Dimensions are 120x105
- 105 Feet of Waterfront
- River Front
- Backs to Open Ground
- Privacy Fence
- Vinyl Fence
- Aluminum or Metal Fence
- Landscaped
Parking
- 1 Car Detached Garage
- Garage Door Opener
- Driveway
Home Design
- Traditional Architecture
- Slab Foundation
- Metal Roof
- Vinyl Construction Material
Interior Spaces
- 2,092 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Bar
- Ceiling height of 9 feet or more
- Skylights
- Gas Log Fireplace
- Living Room with Fireplace
- Storage In Attic
Kitchen
- Eat-In Kitchen
- Gas Oven or Range
- Kitchen Island
- Laminate Countertops
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
- Bathtub with Shower
- Separate Shower
Laundry
- Laundry Room
- Laundry on main level
Home Security
- Home Security System
- Fire and Smoke Detector
Outdoor Features
- Sun Deck
- Seawall
- Dock Rights
- Lake Property
- Balcony
- Patio
Location
- Suburban Location
Schools
- Oaklawn Elementary School
- Roosevelt Middle School
- Twin Lakes High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- The river is a source of water for the property
Listing and Financial Details
- Assessor Parcel Number 91-73-27-000-000.700-021
Community Details
Amenities
- Community Fire Pit
Recreation
- Pier or Dock
Map
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 | $4,097 | $327,100 | $50,200 | $276,900 |
| 2023 | $3,571 | $282,300 | $50,200 | $232,100 |
| 2022 | $3,217 | $253,500 | $50,200 | $203,300 |
| 2021 | $2,705 | $211,400 | $50,200 | $161,200 |
| 2020 | $2,646 | $205,900 | $53,800 | $152,100 |
| 2019 | $2,120 | $179,500 | $59,800 | $119,700 |
| 2018 | $2,128 | $179,900 | $59,800 | $120,100 |
| 2017 | $2,071 | $177,600 | $59,800 | $117,800 |
| 2016 | $2,046 | $175,700 | $59,800 | $115,900 |
| 2014 | $1,942 | $174,300 | $57,600 | $116,700 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/08/2025 09/08/25 | Price Changed | $475,000 | -4.0% | $227 / Sq Ft |
| 08/20/2025 08/20/25 | Price Changed | $495,000 | -2.8% | $237 / Sq Ft |
| 08/04/2025 08/04/25 | Price Changed | $509,000 | -2.1% | $243 / Sq Ft |
| 05/23/2025 05/23/25 | Price Changed | $519,900 | -5.5% | $249 / Sq Ft |
| 04/28/2025 04/28/25 | For Sale | $549,900 | +111.5% | $263 / Sq Ft |
| 09/07/2016 09/07/16 | Sold | $260,000 | -1.8% | $124 / Sq Ft |
| 08/02/2016 08/02/16 | Pending | -- | -- | -- |
| 07/26/2016 07/26/16 | For Sale | $264,900 | -- | $127 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $260,000 | Metropolitan Title Of Indiana | |
| Deed | $262,500 | Blair & Griffth |
Source: Indiana Regional MLS
MLS Number: 202514921
APN: 91-73-27-000-000.700-021
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