Discover the rustic charm of this beautiful log cabin on Lake Freeman! This lakeside retreat comes "turn-key", features 2 bedrooms, a cozy loft bedroom, and 1.5 baths. Enjoy the convenience of a walk-out basement, a permanent boat lift with a waterfront deck, and a screened-in back porch perfect for relaxing. The stunning lake views provide the ideal backdrop for peaceful mornings and entertaining evenings. Whether you’re seeking a serene getaway or a year-round home, this property offers the perfect blend of comfort and natural beauty.
Closed
$375,000
5553 S Richey Ln, Monticello, IN 47960
2beds
1,027sqft
Single Family Residence
Built in 1930
8,799.12 Square Feet Lot
$384,100 Zestimate®
$--/sqft
$1,257 Estimated rent
Home value
$384,100
Estimated sales range
Not available
$1,257/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: February 11, 2025 at 10:17am
Listed by:
Jill Coble cell:574-297-7977,
REAL ESTATE NETWORK L.L.C
Bought with:
Matt Zook
REAL ESTATE NETWORK L.L.C
Source: IRMLS,MLS#: 202447030
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bedrooms: 2
Bedroom 1
- Level: Main
Bedroom 2
- Level: Main
Family room
- Level: Main
- Area: 144
- Dimensions: 12 x 12
Kitchen
- Level: Basement
- Area: 120
- Dimensions: 12 x 10
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Refrigerator, Dehumidifier, Washer/Dryer Stacked, Electric Oven, Electric Range, Water Softener Owned
Features
- Breakfast Bar, Vaulted Ceiling(s)
- Windows: Window Treatments
- Basement: Walk-Out Access
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total structure area: 1,117
- Total interior livable area: 1,027 sqft
- Finished area above ground: 558
- Finished area below ground: 469
Property
Features
- Levels: Two
- Stories: 2
- Patio & porch: Enclosed
- Exterior features: Boat Lift-Permanent
- Has view: Yes
- Waterfront features: Waterfront, Waterfront-High Bank, Deck on Waterfront, Pier/Dock, Lake Front, Ski Lake, Lake
- Body of water: Lake Freeman
- Frontage length: Channel/Canal Frontage(0),Water Frontage(70)
Lot
- Size: 8,799 sqft
- Dimensions: 258x40x120x10x45x38x70
Details
- Parcel number: 916328000012.100020
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cabin/Cottage
- Property subtype: Single Family Residence
Materials
- Log
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Sewer: Regional
- Water: Well
Green energy
- Energy efficient items: HVAC, Roof, Water Heater
Community & neighborhood
Location
- Region: Monticello
- Subdivision: Richey Park
Other
Other facts
- Listing terms: Cash,Conventional,USDA Loan,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 2/11/2025 | Sold | $375,000-3.8% |
Source:  IRMLS #202447030 Report a problem | ||
| 2/10/2025 | Pending sale | $389,900 |
Source: IRMLS #202447030 Report a problem | ||
| 12/12/2024 | Listed for sale | $389,900+19.1% |
Source: IRMLS #202447030 Report a problem | ||
| 7/27/2023 | Sold | $327,500-7.7% |
Source: IRMLS #202243025 Report a problem | ||
| 6/29/2023 | Pending sale | $355,000$346/sqft |
Source:  MIBOR as distributed by MLS GRID #21888778 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,461 +10.2% | $235,800 +10.4% |
| 2023 | $2,233 +3.8% | $213,600 +11.1% |
| 2022 | $2,152 +2.4% | $192,300 +6.2% |
Find assessor info on the county website
Neighborhood: 47960
Nearby schools
GreatSchools rating
- 6/10Meadowlawn Elementary SchoolGrades: K-5Distance: 4.8 mi
- 5/10Roosevelt Middle SchoolGrades: 6-8Distance: 5.2 mi
- 5/10Twin Lakes Senior High SchoolGrades: 9-12Distance: 5.1 mi
Schools provided by the listing agent
- Elementary: Meadowlawn
- Middle: Roosevelt
- High: Twin Lakes
- District: Twin Lakes School Corp.
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$384,100
2% more+$7,682
With Zillow Showcase(estimated)$391,782