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$549,999

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 1 Full Bath
  • 912 Sq. Ft.
  • 2 Car Garage
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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!

Full Property Details for 5639 S Richey Ln

General

  • Price: $549,999
  • Taxes: $7,350 (2024)
  • Status: Active
  • Type: Single Family
  • Source: GNIAR
  • MLS ID: 826084
  • Updated: 11/3/2025
  • Added to Site: 155 day(s) ago

Interior

  • Number of Rooms: 5
  • Interior Features: Ceiling Fan(s), Pantry, Open Floorplan, Eat-in Kitchen
  • Appliances: Dryer, Washer, Refrigerator, Microwave, Electric Range

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Exterior

  • Exterior Features: Private Yard

Parking

  • Garage Spaces: 2
  • Parking Features: Detached, On Street, Driveway, Concrete, Additional Parking, Garage Door Opener

Location

  • County: White
  • Township: Union
  • Subdivision: Richey Park Sub
  • Driving Directions: Freeman Road south to Chalmers road. Turn left and then turn on S oakdale rd, turn left onto richey road. follow to the T and turn left to property on right side.

Heating & Cooling

  • Heating Type: Baseboard

Structural Information

  • Square Feet: 912
  • Year Built: 1945

Lot Features

  • Lot Size (Acres): 0.3044
  • Lot Size (Sq. Ft.): 13,260
  • Lot Features: Back Yard, Private, Landscaped, Cul-De-Sac

Financial Considerations

  • Tax Amount: $7,350
  • Tax Year: 2024
  • Terms: Cash, VA Loan, Conventional

Disclosures and Reports

  • Legal Description: RICHEY PARK SUB LOT 32 & RICHEY PARK SEPTIC LOT 32A
  • Property ID: 916328000009600020

Listed by McColly Real Estate

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Listing agents

— 5639 S Richey Ln —

  • McColly Real Estate

  • McColly Real Estate

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NMLS#: 1598647

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Be ready to buy your new home!

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NMLS#: 1598647

Get Pre-Approved

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 5639 S Richey Ln

School District:Twin Lakes School Corporation
NameGradesDistance
Twin Lakes Senior High School
300 South 3rd Street, Monticello, IN 47960
9-125.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5639 S Richey Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/03/2025
Price Reduced
$549,999
-3.51%
MLS
9/24/2025
Price Reduced
$569,999
-0.87%
MLS
8/15/2025
Listed
$574,999
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5639 S Richey Ln

Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,812
191%
$310,000
9%
2023
$1,655
-29%
$284,900
43%
2022
$2,315
1%
$199,400
3%
2021
$2,291
—
$192,800
1%
2020
$2,291
9%
$190,800
4%
2019
$2,110
5%
$183,100
3%
2018
$2,017
14%
$177,500
7%
2017
$1,775
—
$166,600
—
2017
$1,775
3%
$167,000
-1%
2016
$1,728
-8%
$169,500
8%
2015
$1,870
3%
$157,500
1%
2013
$1,824
22%
$156,300
12%
2012
$1,490
—
$139,500
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by McColly Real Estate

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5639 S Richey Lane, Monticello, IN 47960 (MLS# 826084) is a Single Family property with 2 bedrooms and 1 full bathroom. 5639 S Richey Lane is currently listed for $549,999 and was received on August 15, 2025. Want to learn more about 5639 S Richey Lane? Do you have questions about finding other Single Family real estate for sale in Monticello? You can browse all Monticello real estate or contact a Coldwell Banker agent to request more information.

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