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5553 S Richey Ln, Monticello, IN, 47960

$389,900

Home List Price

$4,630*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
$380/SqFt
House

Location

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5553 S Richey Ln, Monticello$389,900

Buyer Closing Credits

$4,630*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1930
HeatingForced Air
CoolingCentral Air
WaterfrontLake Front
FireplaceLiving/Great Rm
MLS #202447030
Lot Size0.20 Acres
StatusActive

About 5553 S Richey Ln

Discover the rustic charm of this beautiful log cabin on Lake Freeman! This lakeside retreat comes "turn-key", features 2 bedrooms, a cozy loft bedroom, and 1.5 baths. Enjoy the convenience of a walk-out basement, a permanent boat lift with a waterfront deck, and a screened-in back porch perfect for relaxing. The stunning lake views provide the ideal backdrop for peaceful mornings and entertaining evenings. Whether you’re seeking a serene getaway or a year-round home, this property offers the perfect blend of comfort and natural beauty.

Property Details

Property Features

Property Information:

  • Architectural Style: Cabin/Cottage
  • Year Built: 1930

Listing Office:

  • Office Name: REAL ESTATE NETWORK L.L.C
  • Office Phone: (574) 297-7977
  • Listing Agent: Jill Coble

Interior Features

Interior Information:

  • Fireplace: Living/Great Rm

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Lake Front
  • Exterior: Log

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Lot Features

Lot Information:

  • Lot: Waterfront
  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Freeman Rd to Chalmers Rd, turn left, take curve right, left at Richey Park sign, House is near end of Lane

Price Information

Listing Price Info

Price Summary:

  • List Price: $389,900
  • Price Per SqFt: $380/SqFt

Tax Information:

  • Annual Amount: $2,101
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Monticello, IN.

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Monticello, IN

City

Med. Sold Price

$232.5K

Med. Price/SqFt

$147

# of Sold Homes

8

5553 S Richey Ln vs Monticello

5 DAYS ON ROCKET

$389,900

+$157.4K More

$380/SqFt

+$233 More

KEY TAKEAWAY

This property is $157.4K more than the Median Sold Price and $233/SqFt more than other homes in Monticello, IN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #202447030

Listing Office:

  • Office Name: REAL ESTATE NETWORK L.L.C
  • Office Phone: (574) 297-7977
  • Listing Agent: Jill Coble

IDX The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 1:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,101$175,000
2019$1,919$166,500
2018$1,731$152,300
2017$1,617$151,800

History based on county public records data.

Payment Calculator

$2,013

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,235

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4323620
7
/10

  • Oaklawn Elementary School

  • 402 E South St

  • 4.74 miles

  • Public District Grades KG-4

school-card-donut-4323621
5
/10

  • Meadowlawn Elementary School

  • 715 W Ohio St

  • 4.90 miles

  • Public District Grades KG-5

school-card-donut-4323622
6
/10

  • Frontier Elementary School

  • 811 S Railroad St

  • 7.61 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,279. The majority of Monticello, IN residents have income between $35k-100k annually. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5553 S Richey Ln

What is the listing price of this property?

The listing price of 5553 S Richey Ln property is $389,900.

What type of property is this?

The property 5553 S Richey Ln is a house located in Monticello, Indiana, 47960.

Is this property for sale now?

Active Listing: 5553 S Richey Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,101 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5553 S Richey Ln has 2 bedrooms and 1 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 5553 S Richey Ln is 1930.

Rocket Homes›Indiana›White County›Monticello›47960›5553 S Richey Ln

This home is located at 5553 S Richey Ln in Monticello, IN and zip code 47960. This home was built in 1930. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 12, 2024 and is currently priced at $389,900.

In November 2024 more than 2 listings in Monticello, IN were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 6 were sold below. Between October 2024 and November 2024, Monticello, IN real estate market has seen decrease in the number of listings by 16.9%.

From Rocket Homes Real Estate and based on county public records data.

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