$495,000

beds

baths

2,092

square ft

725 Bluewater Drive

Monticello, Indiana 47960

New / MLS #202610124 / Single Family / Monticello

Listing information updated 3/27/2026 at 3:03pm

Riverfront living with quick boat access to Lake Freeman! This versatile property features a spacious 3-bedroom home, a detached Party Barn rec room, and a private guest suite off the back of the garage. The main home offers over 2,000 square feet of living space with an open-concept layout. Highlights include a large family room, dining area, and kitchen on the main level, with a primary suite, two additional bedrooms, and another full bath upstairs. The 280 sq ft guest studio includes its own entrance, kitchenette, and full bath-ideal for visitors or rental potential. The 860 sq ft Party Barn provides bright, open space with abundant natural light and a bar area, perfect for entertaining. Covered boat lift included. Excellent opportunity for year-round living, entertaining, or short-term rental income-don't miss it!

Full Features

Architecture Style:

Traditional

Exterior Type:

Vinyl

Basement:

Slab

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Gas, Forced Air

Appliances:

Dishwasher, Microwave, Refrigerator, Washer, Dryer-Gas, Oven-Gas, Range-Gas, Water Heater Gas

Main Level Primary Bedroom:

Yes

Fireplace:

Yes

Pool:

Age:

76 Years

Parking Type:

Detached

Parking Spaces:

Garage:

Detached - 1 Car(s)

Room Count:

Water Front:

Yes

Square Feet:

2,092

Lot Size:

0.11

Acreage:

0.11

Internal Features:

1st Bdrm En Suite, Alarm System-Security, Balcony, Bar, Ceiling-9+, Ceilings-Beamed, Closet(s) Walk-in, Deck on Waterfront, Detector-Smoke, Disposal, Eat-In Kitchen, Firepit, Garage Door Opener, Guest Quarters, Kitchen Island, Landscaped, Open Floor Plan, Patio Open, Range/Oven Hook Up Gas, Skylight(s), Tub and Separate Shower, Tub/Shower Combination, Main Floor Laundry, Washer Hook-Up

External Features:

Deck on Waterfront, Firepit, Landscaped, Patio Open

Room Information

Living Room:

14 x 20 - Main

Dining Room:

10 x 10 - Main

Kitchen:

17 x 17 - Main

Family Room:

22 x 16 - Main

Primary Bedroom:

18 x 19 - Upper

2nd Bedroom:

17 x 10 - Upper

3rd Bedroom:

17 x 10 - Upper

4th Bedroom:

12 x 11 - Main

Taxes & Assessments

Tax Amount:

$4,097

Tax Year:

2025

Location

Zip Code:

47960

City:

Monticello

County:

White County

Schools

School District(s):

Twin Lakes School Corp.

Elementary School:

Oaklawn

Middle School:

Roosevelt

High School:

Twin Lakes

Architecture Style:

Traditional

Exterior Type:

Vinyl

Basement:

Slab

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Gas, Forced Air

Appliances:

Dishwasher, Microwave, Refrigerator, Washer, Dryer-Gas, Oven-Gas, Range-Gas, Water Heater Gas

Main Level Primary Bedroom:

Yes

Fireplace:

Yes

Pool:

Age:

76 Years

Parking Type:

Detached

Parking Spaces:

Garage:

Detached - 1 Car(s)

Room Count:

Water Front:

Yes

Square Feet:

2,092

Lot Size:

0.11

Acreage:

0.11

Internal Features:

External Features:

Deck on Waterfront, Firepit, Landscaped, Patio Open

Living Room:

14 x 20 - Main

Dining Room:

10 x 10 - Main

Kitchen:

17 x 17 - Main

Family Room:

22 x 16 - Main

Primary Bedroom:

18 x 19 - Upper

2nd Bedroom:

17 x 10 - Upper

3rd Bedroom:

17 x 10 - Upper

4th Bedroom:

12 x 11 - Main

Tax Amount:

$4,097

Tax Year:

2025

Zip Code:

47960

City:

Monticello

County:

White County

School District(s):

Twin Lakes School Corp.

Elementary School:

Oaklawn

Middle School:

Roosevelt

High School:

Twin Lakes

Listing Agent: Cathy C Russell

Listing Office: @properties

Listing Email: cathy@russellteam.com

Disclaimer: IDX information provided by the Indiana Regional MLS. 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.