Wake up to sparkling water views in this fully furnished 2-bed, 1-bath cottage on 1,500-acre Lake Freeman, just 10 minutes from Indiana Beach. Tucked away on a quiet dead-end street, you'll enjoy peace, privacy, and minimal traffic—perfect for unwinding or entertaining. Inside, you'll find two living areas and a walk-out lower level designed for both cozy mornings and lively lake days. Step onto your brand-new Trex deck to soak in panoramic shoreline views, or head down to the covered double boat dock—complete with a new 10,000-lb lift—and launch into adventure. As part of an all-sport lake connected to the scenic Tippecanoe River, you'll have miles of boating, fishing, and water sports right outside your door. An oversized two-car garage, garden shed, and lakeside storage mean there's room for all your toys. Here, life moves with the rhythm of the water—and every day feels like vacation!
Active
$574,999
5639 S Richey Ln, Monticello, IN 47960
2beds
912sqft
Est.:
Single Family Residence
Built in 1945
0.3 Acres Lot
$551,400 Zestimate®
$--/sqft
$-- HOA
What's special
Walk-out lower levelCovered double boat dockPanoramic shoreline viewsSparkling water viewsBrand-new trex deckQuiet dead-end street
- 6 days
- on Zillow |
- 456 |
- 15 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: August 19, 2025 at 11:15am
Listed by:
Wendy L Embry 219-322-5508,
McColly Real Estate
Source: IRMLS,MLS#: 202532998

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 2
Bedroom 1
- Level: Main
Bedroom 2
- Level: Main
Family room
- Level: Main
- Area: 143
- Dimensions: 13 x 11
Kitchen
- Level: Basement
- Area: 121
- Dimensions: 11 x 11
Living room
- Level: Basement
- Area: 170
- Dimensions: 17 x 10
Heating
- Baseboard
Cooling
- Other
Features
- Basement: Walk-Out Access,Exterior Entry
- Has fireplace: No
Interior area
- Total structure area: 912
- Total interior livable area: 912 sqft
- Finished area above ground: 516
- Finished area below ground: 396
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Waterfront, Lake Front, Ski Lake, Lake
- Body of water: Lake Freeman
- Frontage length: Water Frontage(0)
Lot
- Size: 0.3 Acres
- Dimensions: 68X195
- Features: Sloped
Details
- Parcel number: 916328000009.600020
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Shingle Siding, Vinyl Siding
Condition
- New construction: No
- Year built: 1945
Utilities & green energy
- Sewer: Public Sewer
- Water: Well
Community & HOA
Community
- Subdivision: Richey Park
Location
- Region: Monticello
Financial & listing details
- Tax assessed value: $310,000
- Annual tax amount: $2,024
- Date on market: 8/19/2025
- Loading
- Loading