12702 N 1225 West Xrds, Monticello, IN, 47960
About This Home
Lake Freeman Lake Level Remodeled Ranch Style House with attached guest quarters/apartment for additional income. Nice Wide Lot with No stairs to 112' of Main Lake Frontage. Main House has 3 bedroom/2 full baths, open Kitchen/Dining/Living Area with Brick Fireplace, Lake Views from Living areas. 20x10 3 seasons room off living area also has Lake Views. Main home has interior and exterior updates including; Anderson Windows, updated stainless appliances, Oak Raised Panel Cabinetry with Serving Island, updated bathrooms, 6 panel interior doors, stained trim. Attached Apartment has a newer Kitchen with Quartz Counter Tops soft close drawers, tiled bathroom, recessed lighting, Knotty Pine/Ship Lap Vaulted Ceilings, finished loft for additional storage, 21x19 brick paver patio. Attached garage has heat source. c, workshop space and vehicle storage space. Concrete driveway and sidewalks, nice lakeside yard. Waterfront Improvements include; 26x44 Boathouse with (3) total lifts, steel seawall. This is a rare opportunity to purchase a Lake Level/Main Freeman House with possible multiple income streams with a remodeled Guest Quarters/Apartment. Seller has a vacant lot adjacent that can also be purchased for additional parking or new Improvements.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1948
Materials
- Foundation: Slab
- Roof: Shingle
- Construction materials: Brick,Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Disposal,Dishwasher,Microwave,Refrigerator,Washer,Dryer-Gas,Gas Oven,Gas Range,Water Softener Owned
- Laundry features: Electric Dryer Hookup,Gas Dryer Hookup,Main Level
Basement
- Basement: Crawl Space,Block
Bedroom1
- Level: Main
Bedroom2
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bedrooms: 4
Dining Room
- Level: Main
- Area: 132
Features
- Ceiling-9+,Ceiling Fan(s),Vaulted Ceiling(s),Laminate Counters,Stone Counters,Guest Quarters,Kitchen Island,Open Floorplan,Main Level Bedroom Suite,Custom Cabinetry
- Door features: Six Panel Doors,Storm Door(s)
- Window features: Skylight(s),Window Treatments
- Flooring: Carpet,Laminate,Tile,Vinyl
- Number of fireplaces: 1
- Fireplace features: Living Room,Gas Log,Wood Burning
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 2,098
Heating & Cooling
- Heating features: Natural Gas,Conventional,Forced Air,Multiple Heating Systems
- Cooling features: Central Air
Interior Area
- Total structure area: 4,196
- Total interior livable area: 2,098 sqft
Kitchen
- Level: Main
- Area: 108
Living Room
- Level: Main
- Area: 300
Property
Details
- Parcel number: 080403000081.000011
Features
- Levels: One
- Stories: 1
- Patio & porch: Enclosed
- Exterior features: Boat Lift-Covered,Boat Lift-Permanent,Boat Lift-Temporary
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- On waterfront: Yes
- Waterfront features: Waterfront,Lake,Waterfront-Level Bank,Pier/Dock,Lake Front,Ski Lake
- Waterbody name: Lake Freeman
- Frontage length: Channel/Canal Frontage(112),Water Frontage(112)
Lot
- Lot size: 0.30 Acres
- Features: 0-2.9999,Lake,Landscaped
Parking
- Total spaces: 2
- Parking features: Attached,Garage Door Opener,Garage Utilities,Concrete
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- Has uncovered spaces: Yes
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
- Cold Wave
- Hail
- Inland Flooding
- Strong Wind
- Tornado
- 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 | $3,433 | $41,196 |
| Home Insurance * | $564 | $6,768 |
| Property Taxes | $322 | $3,864 |
| Electricity | $192 | $2,307 |
| Total | $4,511 | $54,132 |
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 |
|---|---|---|
| 2026-03-06 | Listed for sale | $695,000 |
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