11331 W Paradise Rd, Monticello, IN, 47960
About This Home
Welcome to Paradise Acres on beautiful Lake Freeman! Built in 2018, this home offers over 2,600 square feet of living space and a thoughtfully designed floor plan. Step inside and be greeted by a grand foyer with soaring ceilings that create an impressive first impression. The main level features a spacious great room with a cozy fireplace, an open-concept kitchen and dining area, and a convenient half bath with laundry just off the extended two-car garage. The main-floor primary suite is a true retreat, featuring an elegant tray ceiling with crown molding, a large walk-in closet, and a private en-suite bathroom. Upstairs, you’ll find a versatile loft area that provides the perfect space for a second living room, playroom, home office, or the potential to create a fifth bedroom. Three additional bedrooms share a full bathroom, offering plenty of room for family and guests. Outdoor living is just as inviting with a screened-in porch that opens to an expansive deck overlooking a peaceful wooded backdrop—an ideal setting for relaxing or entertaining. For added peace of mind, the home is equipped with a whole-house generator, ensuring comfort and convenience during unexpected power outages. Enjoy all that Paradise Acres has to offer, including a community common area perfect for picnics, a nearby community T-dock, and your own private boat slip for easy access to the water.Don’t miss this opportunity to enjoy lake-community living with modern comforts, beautiful surroundings, and direct water access. Schedule your showing today!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2018
Materials
- Construction materials: Vinyl Siding,Masonry
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Basement
- Basement: Crawl Space
Bedroom1
- Level: Main
Bedroom2
- Level: Upper
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bedrooms: 1
Dining Room
- Level: Main
- Area: 150
Features
- Number of fireplaces: 1
- Fireplace features: Living Room
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 2,674
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 2,674
- Total interior livable area: 2,674 sqft
Kitchen
- Level: Main
- Area: 165
Living Room
- Level: Main
- Area: 336
Property
Details
- Parcel number: 080422000243.000011
Features
- Levels: Two
- Stories: 2
- On waterfront: Yes
- Waterfront features: Canal Front,Ski Lake,Lake
- Waterbody name: Lake Freeman
- Frontage length: Channel/Canal Frontage(19),Water Frontage(19)
Lot
- Lot size: 0.26 Acres
- Features: Level
Parking
- Total spaces: 2
- Parking features: Attached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Cold Wave
- Strong Wind
- Tornado
- Hail
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,966 | $23,592 |
| Home Insurance * | $323 | $3,876 |
| Property Taxes | $132 | $1,584 |
| Electricity | $245 | $2,941 |
| Total | $2,666 | $31,992 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
WildfireHailWindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-22 | Price change | $389,000 |
| 2026-05-30 | Listed for sale | $399,900 |
| 2016-09-14 | Sold | $33,000 |
| 2016-04-05 | Price change | $59,500 |
| 2016-02-15 | Listed for sale | $74,900 |
| 1999-06-10 | Sold | $23,500 |
View on Zillow