Address
5239 E Colonial Oaks Drive, Monticello, IN
Price
$ 599,900
Property Attributes
- MLS#202632311
- TypeSingle Family
- Listing Status Active
- CountyWHITE
- CityMonticello
- AreaUnion
- NeighborhoodLake Freeman
- Zip47960
- StyleContemporary
- Year Built1991
- Taxes$ 2042
- Price$ 599,900
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms2
- Sqr Footage3166
- Lot Size1.45 Acres
Data Source:
Indiana Regional MLS (IRMLS)
Property Description
Wake up to the breathtaking views of beautiful Lake Freeman! Nestled on a beautifully wooded 1.45 acres setting consisting of three separate lots. The multiple lot configuration also provides valuable flexibility and future possibilities for the new owner, making this a truly unique Lake Freeman property. This 3166 square foot home offers the perfect blend of comfort, space and year round recreation. Designed for both everyday living and entertaining, the home features 4 spacious bedrooms, 2 full baths and 2 half baths. The desirable main level primary suite provides comfort and convenience, while the inviting family room, complete with a cozy fireplace, creates the perfect gathering space after a day on the lake. The walkout basement offers additional living and entertaining space with easy access to the waterfront. Step outside onto the deck and patio where you'll enjoy spectacular views of Lake Freeman. Ideal setting for morning coffee, outdoor dining or simply relaxing and taking in the water views. Boating enthusiasts will appreciate the included boat lift, making it easy to get out on the lake whenever the mood strikes. Storage is abundant with both an attached 2 car garage and an additional detached 2 car garage, providing plenty of room for vehicles, boats, and all your lake toys. Whether you are searching for a full time residence or the perfect weekend retreat, this rare property offers approximately 1.6 acres across 3 separate lots, privacy, incredible views, and exceptional flexibility for the future all while providing the water lifestyle you've been dreaming of.
| Elementary School | Middle School | High School |
|---|---|---|
| Twin Lakes Elementary School | Twin Lakes Middle School | Twin Lakes High School |
| Price History | |
|---|---|
| 8/8/2026 | Listed $629,900 |
| 8/28/2026 | 2$619,900 |
| 9/8/2026 | 4$599,900 |
General Features
| Sewer | City |
|---|---|
| Heating | Gas |
| Cooling | Central Air |
| Laundry Y/N | Main |
| Fireplaces | Yes |
| Water Access Type | Easement/Other |
| Garage | Attached |
| Amenities | Ceiling Fan(s),Closet(s) Walk-in,Garage Door Opener,Tub and Separate Shower,Tub/Shower Combination,Main Level Bedroom Suite,Main Floor Laundry |
| Status | Active |
| Full Baths | 2 |
| Half Baths | 2 |
| Bathrooms | 4 |
| Year Built | 1991 |
| New Construction | No |
| Subdivision | Lake Freeman |
| Style | Two Story |
| Township | Union |
| Class | RESIDENTIAL |
| Type | Site-Built Home |
| Age | 35 |
| FIPS Code | 18181 |
| Associated Document Count | 7 |
| REO | No |
| Status | Active |
| Auction Y/N | No |
| Common Amenities | Dock |
| Annual Taxes | 2042.02 |
| Area | White County |
| Location | Lake |
| High School | Twin Lakes |
| City | Monticello |
| School District | Twin Lakes School Corp. |
| Assoc. Dues Frequency | Not Applicable |
| Architectural Style | Contemporary |
| Total Sq Ft | 3166 |
| Elementary School | Twin Lakes |
| Middle School | Twin Lakes |
| Legal Description | STAHLS COLONIAL OAKS SUB 2 LOT 38 & N 1/2 LOT 37 & 1.5/22 INT TRACT A STAHLS COLONIAL OAKS SUB 2 S 1/2 LOT 37 & UND .5/22 INT TRACT A STAHLS COLONIAL OAKS SUB 2 LOT 36 & UND 1/22 INT TRACT A |
| Virtual Tour | https://www.propertypanorama.com/instaview/irmls/202632311 |
| Agent First Name | Mary |
| Agent Last Name | Pomasl |
| DOM | 39 |
| Tax Year | 2026 |
| PROPOSED FINANCING | Cash,Conventional,FHA,USDA |
Interior Features
| Basement | Walk-Out Basement |
|---|---|
| Fireplace(s) | 1 |
| Flooring | Carpet,Laminate,Ceramic Tile |
| Beds | 4 |
| Total Rooms | 11 |
| Fireplace | Living/Great Rm |
| Full Baths Main | 1 |
| Full Baths Upper | 1 |
| Total Finished SqFt | 3166 |
| Basement Y/N | Yes |
| Above Grade Bedrooms | 3 |
| Below Grade Baths | 1 |
| Below Grade Bedrooms | 1 |
| Half Baths Below Grade | 1 |
| Half Baths Main | 1 |
| 1st Bedroom Level | Main |
| 1st Bedroom Width | 15 |
| 2nd Bedroom Length | 12 |
| 2nd Bedroom Level | Upper |
| 2nd Bedroom Width | 11 |
| 3rd Bedroom Length | 12 |
| 3rd Bedroom Level | Upper |
| 3rd Bedroom Width | 12 |
| 4th Bedroom Length | 13 |
| 4th Bedroom Level | Basement |
| 4th Bedroom Width | 12 |
| Above Grade Finished SqFt | 1874 |
| Below Grade Finished SqFt | 1292 |
| Basement Material | Block |
Exterior Features
| Exterior | Vinyl |
|---|---|
| Driveway | Concrete |
| Pool | No |
| Waterfront | Lake |
| Garage Length | 24 |
| Garage Width | 24 |
| Lot Size Area | 63237 |
| Lot Dimensions | approximately 150 x 465 |
| Lot Description | Lake,Water View |
| Garage SqFt | 576 |
| Water Features | Pier/Dock Available |
| Well Type | Private |
| Water Name | Lake Freeman |
| Approx. Lot Size Acres | 1.45 |
| Garage Capacity | 2 |
| ROOF MATERIAL | Shingle |
| Lake | Ski Lake |
| Waterfront Y/N | Yes |
| Garage Y/N | Yes |
Amenities
- Foreclosure
- Views
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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. IDX information is provided by the Indiana Regional MLS.
Information last updated on September 16, 2026 2:17 PM UTC
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Last Updated: September 16, 2026 2:11 PM UTC
