Tucked away in town like your own private retreat, this waterfront property is the definition of secluded living. Sitting on 1.22 acres with approximately 225 feet of water frontage and a steel seawall, most people don’t even know this hidden oasis exists. Start your mornings sipping coffee on the upper deck overlooking the water or unwind on the lower walkout basement deck enjoying the same peaceful views. The waterfront area is perfect for entertaining, relaxing, fishing, or simply soaking in the scenery, complete with a dock and plenty of room to enjoy lake life. This 4 bedroom, 2 bathroom home offers 2 bedrooms and 1 bath on each level, creating a great setup for guests or multi-generational living. The upstairs master bedroom features its own sunroom with access to the patio overlooking the lake. Picture windows fill the living room with natural light and beautiful water views, while the fireplaces (gas upstairs, wood downstairs) add warmth and charm to both levels of the home. The kitchen features granite countertops, a pantry, and stainless steel appliances. Hardwood and tile flooring run throughout with carpet in the bedrooms. Additional features include a 2-car garage, fenced yard, newly painted decks and steps, some new paint in the interior, and fresh front landscaping. A rare opportunity to own a truly private waterfront escape while still being conveniently located in town.
Active under contract
$385,000
1509 Tioga Ravine, Monticello, IN 47960
4beds
2,880sqft
Single Family Residence
Built in 1965
1.22 Acres Lot
$374,700 Zestimate®
$--/sqft
$-- HOA
What's special
Waterfront propertyFenced yardFresh front landscapingSteel seawallLower walkout basement deckPatio overlooking the lakeCarpet in the bedrooms
- 38 days |
- 1,183 |
- 72 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Garrett Criswell 574-297-1436,
Raeco Realty
Source: IRMLS,MLS#: 202618827
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 2
Bedroom 1
- Level: Main
Bedroom 2
- Level: Main
Dining room
- Level: Main
- Area: 140
- Dimensions: 14 x 10
Family room
- Level: Basement
- Area: 690
- Dimensions: 30 x 23
Kitchen
- Level: Main
- Area: 228
- Dimensions: 19 x 12
Living room
- Level: Main
- Area: 266
- Dimensions: 19 x 14
Heating
- Natural Gas, Hot Water, Radiant
Cooling
- Central Air
Appliances
- Included: Dishwasher, Refrigerator, Washer, Dryer-Gas, Gas Range, Gas Water Heater
Features
- Basement: Walk-Out Access
- Number of fireplaces: 2
- Fireplace features: Wood Burning
Interior area
- Total structure area: 2,880
- Total interior livable area: 2,880 sqft
- Finished area above ground: 1,524
- Finished area below ground: 1,356
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Has view: Yes
- On waterfront: Yes
- Waterfront features: Waterfront-High Bank, Lake Front, Ski Lake, Lake
- Body of water: Lake Freeman
- Frontage length: Channel/Canal Frontage(225),Water Frontage(225)
Lot
- Size: 1.22 Acres
Details
- Parcel number: 917328000021.100021
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick, Vinyl Siding
Condition
- New construction: No
- Year built: 1965
Utilities & green energy
- Sewer: City
- Water: City
Community & HOA
Community
- Subdivision: Lake Freeman
Location
- Region: Monticello
Financial & listing details
- Tax assessed value: $487,400
- Annual tax amount: $2,306
- Date on market: 5/18/2026
Estimated market value
$374,700
$356,000 - $393,000
$2,491/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/18/2026 | Listed for sale | $385,000-3.6% |
Source: | ||
| 1/9/2026 | Listing removed | $399,500 |
Source: | ||
| 9/18/2025 | Price change | $399,500-6% |
Source: | ||
| 7/26/2025 | Price change | $424,900-5.6% |
Source: | ||
| 7/10/2025 | Listed for sale | $449,900+72.4% |
Source: | ||
| 1/12/2019 | Sold | $261,000-4.2%$91/sqft |
Source: Agent Provided Report a problem | ||
| 10/15/2018 | Price change | $272,500-2.6%$95/sqft |
Source: REAL ESTATE NETWORK L.L.C #201824352 Report a problem | ||
| 8/21/2018 | Price change | $279,900-1.8%$97/sqft |
Source: REAL ESTATE NETWORK L.L.C #201824352 Report a problem | ||
| 7/23/2018 | Price change | $284,900-1.7%$99/sqft |
Source: REAL ESTATE NETWORK L.L.C #201824352 Report a problem | ||
| 6/7/2018 | Listed for sale | $289,900+26.1%$101/sqft |
Source: REAL ESTATE NETWORK L.L.C #201824352 Report a problem | ||
| 7/11/2015 | Sold | --0 |
Source: Agent Provided Report a problem | ||
| 3/10/2015 | Listed for sale | $229,900+21.1%$80/sqft |
Source: Keller Williams Realty Signature Partners #201508643 Report a problem | ||
| 8/31/1999 | Sold | $189,900$66/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,424 +19.4% | $487,400 +11.2% |
| 2024 | $3,705 +14.6% | $438,500 +20.2% |
| 2023 | $3,234 +21.2% | $364,800 +12.3% |
| 2022 | $2,668 +13.5% | $324,700 +21.1% |
| 2021 | $2,351 +3.3% | $268,100 +13.5% |
| 2020 | $2,276 -3.3% | $236,300 +3.2% |
| 2019 | $2,353 +1.2% | $228,900 |
| 2018 | $2,326 | $228,900 +1% |
| 2017 | $2,326 +3.4% | $226,700 |
| 2016 | $2,249 | $226,700 +2.5% |
| 2014 | $2,249 -0.7% | $221,200 -0.2% |
| 2013 | $2,265 +4% | $221,600 +0.9% |
| 2012 | $2,178 -3.5% | $219,600 -1.3% |
| 2011 | $2,256 +3.3% | $222,400 +3.5% |
| 2010 | $2,185 +5.7% | $214,900 |
| 2009 | $2,067 | $214,900 +6.3% |
| 2007 | -- | $202,200 +0.1% |
| 2006 | -- | $201,900 +10.4% |
| 2005 | -- | $182,800 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 47960
Nearby schools
GreatSchools rating
- 8/10Oaklawn Elementary SchoolGrades: K-4Distance: 2 mi
- 5/10Roosevelt Middle SchoolGrades: 6-8Distance: 1.6 mi
- 5/10Twin Lakes Senior High SchoolGrades: 9-12Distance: 1.7 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Indiana
- White County
- Monticello
- 47960
- 1509 Tioga Ravine



