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  • $629,900

    5239 E Colonial Oaks Dr, Monticello, IN 47960

    4beds
    3,166sqft
    : 
    $3,762/mo
    Get pre-qualified
    Single Family Residence
    Built in 1991
    1.6 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Cozy fireplaceIncluded boat liftInviting family room
    Wake up to breathtaking views and experience the very best of Lake Freeman living in this exceptional home. Situated on a beautiful 1.6 acres with mature trees. This 3166 square foot home offers the perfect blend of comfort, space and year round recreation. Designed for both everyday living and entertaining, the home features 4 spacious bedrooms, 2 full baths and 2 half baths. The desirable main level primary suite provides comfort and convenience, while the inviting family room, complete with a cozy fireplace, creates the perfect gathering space after a day on the lake. The walkout basement offers additional living and entertaining space with easy access to the waterfront. Step outside onto the deck and patio where you'll enjoy spectacular views of Lake Freeman. Ideal setting for morning coffee, outdoor dining or simply relaxing and taking in the water views. Boating enthusiasts will appreciate the included boat lift, making it easy to get out on the lake whenever the mood strikes. Storage is abundant with both an attached 2 car garage and an additional detached 2 car garage, providing plenty of room for vehicles, boats, and all your lake toys. Whether you are searching for a full time residence or the perfect weekend retreat, this rare property offers space, privacy, incredible views, and the water lifestyle you've been dreaming of.
    2 days
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    415
    |
    20
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    Zillow last checked:

    Listing updated:

    Listed by:

    Mary Pomasl Cell:574-721-4796,

    MPR Realty, LLC

    Source: IRMLS,MLS#: 202632311MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 2
      • 1/2 bathrooms: 2
      • Main level bedrooms: 1
      Bedroom 1
      • Level: Main
      Bedroom 2
      • Level: Upper
      Heating
      • Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Microwave, Refrigerator, Washer, Dryer-Gas, Gas Range, Gas Water Heater, Water Softener Owned
      • Laundry: Main Level
      Features
      • Ceiling Fan(s), Walk-In Closet(s), Tub and Separate Shower, Tub/Shower Combination, Main Level Bedroom Suite
      • Flooring: Carpet, Laminate, Ceramic Tile
      • Basement: Walk-Out Access,Block
      • Number of fireplaces: 1
      • Fireplace features: Living Room
      Interior area
      • Total structure area: 3,166
      • Total interior livable area: 3,166 sqft
      • Finished area above ground: 1,874
      • Finished area below ground: 1,292
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached, Garage Door Opener, Concrete
      • Attached garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Exterior features: Boat Lift-Covered
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Water view: Water
      • Waterfront features: Lake, Pier/Dock Available, Ski Lake
      • Body of water: Lake Freeman
      • Frontage length: Water Frontage(0)
      Lot
      • Size: 1.6 Acres
      • Dimensions: approximately 150 x 465
      • Features: Lake
      Details
      • Additional structures: Second Garage
      • Additional parcels included: 9163-21-000-004.000-020
      • Parcel number: 916321000003.900020

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary
      • Property subtype: Single Family Residence
      Materials
      • Vinyl Siding
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1991

      Utilities & green energy

      • Gas: NIPSCO
      • Sewer: City
      • Water: Well

      Community & HOA

      Community
      • Features: Dock
      • Subdivision: Lake Freeman
      Location
      • Region: Monticello

      Financial & listing details

      • Tax assessed value: $9,800
      • Annual tax amount: $2,042
      • Date on market: 8/8/2026
      • Listing terms: Cash,Conventional,FHA,USDA Loan

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,051/mo

        Price history

        DateEventPrice
        8/8/2026Listed for sale$629,900
        Source: IRMLS #202632311 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$119 +5.5%$9,800
        2024$113 -11.6%$9,800
        2023$128 -2.3%$9,800 -10.9%
        2022$131 -1.1%$11,000
        2021$132 +9.1%$11,000
        2020$121 +1.4%$11,000 +4.8%
        2019$119 +27.3%$10,500
        2018$94 $10,500 +19.3%
        2017$94 +1.5%$8,800
        2016$92 $8,800 +1.1%
        2014$92 +1.8%$8,700
        2013$91 -2.3%$8,700
        2012$93 -38%$8,700 -38.7%
        2011$150 -13.6%$14,200
        2010$174 +4.9%$14,200
        2009$166 $14,200
        Find assessor info on the county website

        Monthly payment

        Est. payment

        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

        Getting around

        0 / 100
        Car-Dependent
        5 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Twin Lakes
        • Middle: Twin Lakes
        • 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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