5639 Richey Ln

$549,999
Price
2
Beds
912 Sq. Ft.
$603 / Sq. Ft.
912
Sq. Ft.
$603
per Sq. Ft.

Description

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...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!
  1. Listed by Lisa Grady • McColly Real Estate
    P: (219)-308-6237 C: (219)-308-6237 lisagrady21@gmail.com
  2. Listed by Brigid Prendergast • Brigid
    P: (773)-726-0070 C: (773)-726-0070 brigid@ocallaghans.net

Property Details for 5639 Richey Lane

Subdivision
Richey Park Sub
Garage # of Cars
2
LISTING UPDATED: 11/03/2025 10:50 AM

Property Details for 5639 Richey Lane

StatusActive
MLS #826084
Days on Market132
Taxes$7,350 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1945
Lot Size0.30 AC / 13,260 SF
CountyWhite County

Location

Listing Courtesy of McColly Real Estate; Brigid
Add your commute

Building Information for 5639 Richey Lane

Stories-Year Built1945Building Size-Lot Size0.30 AC / 13,260 SF

Payment Calculator

$3,330 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,718

Property Taxes

$613

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5639 Richey Lane

Summary
Location and General Information
  • 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.
  • City/Town: Monticello
  • State: IN
  • Township: Union
  • ZIP: 47960
  • Latitude: 40.67
  • Longitude: -86.76
  • County: White
Taxes and HOA
  • Annual Tax Amount: $7,350.00
  • APN/Key #: 916328000009600020
  • Tax Year: 2024
  • Tax Legal Description: RICHEY PARK SUB LOT 32 & RICHEY PARK SEPTIC LOT 32A
Parking
  • Garage Description: Detached, On Street, Driveway, Concrete, Additional Parking, Garage Door Opener
Property
Lot Information
  • Lot Square Footage: 13,260.00
  • Square Footage: 912.0
  • Square Footage Source: Assessor
  • Acres: .30
Property and Assessments
  • Property Type: Residential
  • Property Subtype 1: Single Family Residence
  • Year Built: 1945
  • Lot Description: Back Yard, Private, Landscaped, Cul-De-Sac
Utilities
  • Electric: 100 Amp Service
Interior and Exterior Features
Exterior Features
  • Exterior Features: Private Yard
  • Out Buildings: Garage(s), Shed(s)
  • Levels: One
Interior Features
  • Appliances: Dryer, Washer, Refrigerator, Microwave, Electric Range
  • Basement Type: Finished, Walk-Out Access
  • Basement: Yes
  • Total Full Baths: 1
  • Total 1/2 Baths: 0
  • Total 3/4 Baths: 0
  • Total Baths: 1
  • Bedrooms: 2
  • Basement Sq Ft: 396.0
  • Cooling: Ceiling Fan(s), Other
  • Heat Type: Baseboard
  • Interior Features: Ceiling Fan(s), Pantry, Open Floorplan, Eat-in Kitchen
  • Total # of Rooms: 5
Room 1
  • Room Dimensions: 13.0 x 11.0
  • Room Type: Family Room
Room 2
  • Room Dimensions: 12.0 x 10.0
  • Room Type: Primary Bedroom
Room 3
  • Room Dimensions: 11.0 x 6.0
  • Room Type: Bedroom 2
Room 4
  • Room Description: Walk out
  • Room Dimensions: 17.0 x 10.0
  • Room Type: Living Room
Room 5
  • Room Description: Walk out
  • Room Dimensions: 11.0 x 11.0
  • Room Type: Kitchen

Property History for 5639 Richey Lane

DateEvent & SourcePriceAppreciation
Nov 3, 2025

Price Change

Northwest Indiana REALTORS® Association #826084

$549,999
Sep 24, 2025

Price Change

Northwest Indiana REALTORS® Association #826084

$569,999
Aug 19, 2025

Listed (Active)

Indiana Regional MLS #202532998

$574,999
Aug 15, 2025

Listed (Active)

Northwest Indiana REALTORS® Association #826084

$574,999
Dec 20, 2023

Sold

Indiana Regional MLS #202334107

$480,000
Nov 22, 2023

Pending

Indiana Regional MLS #202334107

Sep 19, 2023

Listed (Active)

Indiana Regional MLS #202334107

$549,900
Jul 19, 2022

Sold

Indiana Regional MLS #202225192

$349,900
Jun 25, 2022

Pending

Indiana Regional MLS #202225192

Jun 22, 2022

Listed (Active)

Indiana Regional MLS #202225192

$349,900
DateEvent & SourcePrice
11/03/2025

Price Change

Northwest Indiana REALTORS® Association #826084

$549,999
09/24/2025

Price Change

Northwest Indiana REALTORS® Association #826084

$569,999
08/19/2025

Listed (Active)

Indiana Regional MLS #202532998

$574,999
08/15/2025

Listed (Active)

Northwest Indiana REALTORS® Association #826084

$574,999
12/20/2023

Sold

Indiana Regional MLS #202334107

$480,000
11/22/2023

Pending

Indiana Regional MLS #202334107

09/19/2023

Listed (Active)

Indiana Regional MLS #202334107

$549,900
07/19/2022

Sold

Indiana Regional MLS #202225192

$349,900
06/25/2022

Pending

Indiana Regional MLS #202225192

06/22/2022

Listed (Active)

Indiana Regional MLS #202225192

$349,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5639 Richey Lane

Taxable ValueLand$136,800Additions$173,200Total$310,000
Tax Record2024$4,812 ($401 / month)
Home Facts
Beds2Baths1Total Finished SqFt912 SqFtAbove Grade Finished SqFt912 SqFtStories1Lot Size3,093 SqFtStyleSingle Family ResidenceYear Built1945CountyWHITEAPN91-63-28-000-009.600-020

Schools near 5639 Richey Lane

This home is within Twin Lakes School Corp.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Oaklawn Elementary School
PublicK to 4

Roosevelt Middle School
Public6 to 8

Twin Lakes Senior High School
Public9 to 12

Meadowlawn Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5639 Richey Lane is a single family home for sale in Monticello, IN 47960. This property was listed for sale on August 15, 2025 by McColly Real Estate, it's currently listed at $549,999. It has been on the market for a total of 132 days and was last sold on December 20, 2023. This listing's school district is Twin Lakes School Corp. Nearby schools include Oaklawn Elementary School, Roosevelt Middle School and Twin Lakes Senior High School. 5639 Richey Lane is a 2-bed, 1-bath, 912 sqft single family home built in 1945.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of McColly Real Estate; Brigid

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS, Northwest Indiana REALTORS® Association Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association, Northwest Indiana REALTORS® AssociationSoutheastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/25/2025 02:46 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.