Active

Price cut: $5K (8/26)

$560,000

500 E Ohio St, Monticello, IN 47960

4beds

2,537sqft

$3,345/mo

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Single Family Residence

Built in 1978

0.73 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Freshly painted four-bedroom home with two full baths with a house that boasts an open great room plus much more! Located on the northern end of Lake Freeman past the Madam Carroll and the Sportsman Inn this property has approximately 110 feet of waterfront. The home has 2,537 square feet of finished area and a 741 square foot basement which could for the kids, a den, or a hobby room. Furnace installed in 2024, roof replaced in 2016, and some trees were cleared on the water side in 2025. Screened porch attached to the back of the house as you walk from the kitchen area. Attic access from the garage and from an upstairs bedroom.

84 days
663
17

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Bedroom 1

Level: Upper

Bedroom 2

Level: Upper

Dining room

Level: Main
Area: 156
Dimensions: 13 x 12

Family room

Level: Main
Area: 240
Dimensions: 16 x 15

Kitchen

Level: Main
Area: 143
Dimensions: 13 x 11

Living room

Level: Main
Area: 480
Dimensions: 20 x 24

Heating

Natural Gas, Forced Air, Zoned

Cooling

Central Air

Features

Vaulted Ceiling(s), Entrance Foyer
Flooring: Hardwood, Carpet
Basement: Crawl Space,Partial,Unfinished,Block
Attic: Pull Down Stairs,Storage
Number of fireplaces: 1
Fireplace features: Living Room, Wood Burning

Interior area

Total structure area: 3,278
Total interior livable area: 2,537 sqft
Finished area above ground: 2,537
Finished area below ground: 0

Video & virtual tour

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Property

Parking

Total spaces: 2
Parking features: Attached, Gravel
Attached garage spaces: 2
Has uncovered spaces: Yes

Features

Levels: Two
Stories: 2
Patio & porch: Covered
Has view: Yes
On waterfront: Yes
Waterfront features: Waterfront, Waterfront-High Bank, Pier/Dock, Lake Front, Access to Ski Lake, Lake
Body of water: Lake Freeman
Frontage length: Channel/Canal Frontage(0),Water Frontage(110)

Lot

Size: 0.73 Acres
Dimensions: 90 x 234, 45 x 231
Features: Wooded, City/Town/Suburb

Details

Additional structures: Shed
Parcel number: 917333000028.500021
Zoning: R-2,R-2

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Brick, Wood Siding
Roof: Asphalt,Shingle

Condition

New construction: No
Year built: 1978

Utilities & green energy

Electric: NIPSCO
Gas: NIPSCO
Sewer: City
Water: City

Community & HOA

Community

Subdivision: Horseshoe Landing

Location

Region: Monticello

Financial & listing details

Tax assessed value: $569,700
Annual tax amount: $5,128
Date on market: 6/12/2026

Estimated market value

Not available

Estimated sales range

Not available

$2,071/mo

Price history

Date	Event	Price
8/26/2026	Price change	$560,000-0.9%
Source: IRMLS #202622934 Report a problem
7/23/2026	Price change	$565,000-5%
Source: IRMLS #202622934 Report a problem
6/29/2026	Price change	$595,000-4%
Source: IRMLS #202622934 Report a problem
6/12/2026	Listed for sale	$620,000
Source: IRMLS #202622934 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,903 +18.5%	$542,800 +10.7%
2024	$4,139 +12.2%	$490,300 +19.9%
2023	$3,688 +21.7%	$408,900 +12.5%
2022	$3,031 +13.5%	$363,600 +22.1%
2021	$2,670 +6.1%	$297,800 +13.9%
2020	$2,517 -1%	$261,400 +4.4%
2019	$2,543 +0.7%	$250,500 -1%
2018	$2,524	$253,000 +0.7%
2017	$2,524 +3.4%	$251,300
2016	$2,441	$251,300 +6.2%
2014	$2,441 +2.7%	$236,600 +0.9%
2013	$2,376 +2%	$234,500 +1.1%
2012	$2,329 +1.4%	$231,900 +1.4%
2011	$2,296 -11.4%	$228,700 -11.4%
2010	$2,593 +0%	$258,200
2009	$2,592	$258,200