Riverfront living with quick boat access to Lake Freeman! This versatile property features a spacious 3-bedroom home, a detached Party Barn rec room, and a private guest suite off the back of the garage. The main home offers over 2,000 square feet of living space with an open-concept layout. Highlights include a large family room, dining area, and kitchen on the main level, with a primary suite, two additional bedrooms, and another full bath upstairs. The 280 sq ft guest studio includes its own entrance, kitchenette, and full bath-ideal for visitors or rental potential. The 860 sq ft Party Barn provides bright, open space with abundant natural light and a bar area, perfect for entertaining. Covered boat lift included. Excellent opportunity for year-round living, entertaining, or short-term rental income-don't miss it!
Sold
$485,000
725 Bluewater Dr, Monticello, IN 47960
4beds
2,092sqft
Residential, Single Family Residence
Built in 1950
4,791 Square Feet Lot
$483,400 Zestimate®
$232/sqft
$1,903 Estimated rent
Home value
$483,400
$459,000 - $508,000
$1,903/mo
Zestimate® history
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$2,265/mo
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List your homeWhat's special
Riverfront livingDining areaCovered boat lift includedOpen-concept layoutLarge family room
Zillow last checked:
Listing updated:
Listed by:
Cathy Russell 765-426-7000,
@properties
Bought with:
Non-BLC Member
MIBOR REALTOR® Association
Source: MIBOR as distributed by MLS GRID,MLS#: 22092187
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
- Main level bathrooms: 2
- Main level bedrooms: 1
Primary bedroom
- Level: Upper
- Dimensions: 18 by 19
Bedroom 2
- Level: Upper
- Dimensions: 17 by 10
Bedroom 3
- Level: Upper
- Dimensions: 17 by 10
Bedroom 4
- Features: Tile-Ceramic
- Level: Main
- Dimensions: 12 by 11
Dining room
- Features: Tile-Ceramic
- Level: Main
- Dimensions: 10 by 10
Family room
- Features: Tile-Ceramic
- Level: Main
- Dimensions: 22 by 16
Kitchen
- Features: Tile-Ceramic
- Level: Main
- Dimensions: 17 by 17
Laundry
- Features: Tile-Ceramic
- Level: Main
- Dimensions: 5 by 7
Living room
- Features: Tile-Ceramic
- Level: Main
- Dimensions: 14 by 20
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Disposal, Gas Water Heater, Microwave, Gas Oven, Refrigerator, Washer
Features
- High Ceilings, Kitchen Island, Ceiling Fan(s), Eat-in Kitchen, Walk-In Closet(s), Wet Bar
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Family Room
Interior area
- Total structure area: 2,092
- Total interior livable area: 2,092 sqft
Property
Parking
- Total spaces: 1
- Parking features: Detached
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
- On waterfront: Yes
- Waterfront features: River Front
Lot
- Size: 4,791 Square Feet
Details
- Parcel number: 917327000000700021
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl Siding
- Foundation: Slab
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: No Subdivision
HOA
- Has HOA: No
Location
- Region: Monticello
Financial & listing details
- Price per square foot: $232/sqft
- Tax assessed value: $363,900
- Annual tax amount: $4,098
- Date on market: 3/30/2026
- Cumulative days on market: 29 days
Price history
| Date | Event | Price |
|---|---|---|
| 5/26/2026 | Sold | $485,000-2%$232/sqft |
Source:  MIBOR as distributed by MLS GRID #22092187 Report a problem | ||
| 4/23/2026 | Pending sale | $495,000 |
Source:  IRMLS #202610124 Report a problem | ||
| 3/26/2026 | Listed for sale | $495,000+4.2% |
Source: IRMLS #202610124 Report a problem | ||
| 10/30/2025 | Listing removed | $475,000 |
Source: IRMLS #202514921 Report a problem | ||
| 9/8/2025 | Price change | $475,000-4% |
Source: IRMLS #202514921 Report a problem | ||
| 8/20/2025 | Price change | $495,000-2.8% |
Source: IRMLS #202514921 Report a problem | ||
| 8/4/2025 | Price change | $509,000-2.1% |
Source: IRMLS #202514921 Report a problem | ||
| 5/23/2025 | Price change | $519,900-5.5% |
Source: IRMLS #202514921 Report a problem | ||
| 4/28/2025 | Listed for sale | $549,900+107.6% |
Source: IRMLS #202514921 Report a problem | ||
| 9/7/2016 | Listing removed | $264,900$127/sqft |
Source: Coldwell Banker Shook #201634703 Report a problem | ||
| 8/3/2016 | Pending sale | $264,900$127/sqft |
Source: Coldwell Banker Shook #201634703 Report a problem | ||
| 7/26/2016 | Listed for sale | $264,900$127/sqft |
Source: Coldwell Banker Shook #201634703 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,097 +14.7% | $363,900 +11.3% |
| 2024 | $3,571 +11% | $327,100 +15.9% |
| 2023 | $3,217 +18.9% | $282,300 +11.4% |
| 2022 | $2,705 +2.2% | $253,500 +19.9% |
| 2021 | $2,646 +24.8% | $211,400 +2.7% |
| 2020 | $2,120 -0.4% | $205,900 +14.7% |
| 2019 | $2,128 +2.8% | $179,500 -0.2% |
| 2018 | $2,071 | $179,900 +1.3% |
| 2017 | $2,071 +6.1% | $177,600 +1.1% |
| 2016 | $1,952 | $175,700 +0.8% |
| 2014 | $1,952 +0.5% | $174,300 +0.7% |
| 2013 | $1,942 +1.2% | $173,100 -11.2% |
| 2012 | $1,918 -20.4% | $195,000 -6.1% |
| 2011 | $2,410 +56.6% | $207,600 +34.3% |
| 2010 | $1,539 +13.1% | $154,600 |
| 2009 | $1,361 | $154,600 |
Find assessor info on the county website
Neighborhood: 47960
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Nearby schools
GreatSchools rating
- 8/10Oaklawn Elementary SchoolGrades: K-4Distance: 1.1 mi
- 5/10Roosevelt Middle SchoolGrades: 6-8Distance: 1.1 mi
- 5/10Twin Lakes Senior High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Middle: Roosevelt Middle School
- High: Twin Lakes Senior High School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Indiana
- White County
- Monticello
- 47960
- 725 Bluewater Dr
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