11846 W Lookout Drive

Monticello, IN
$ 195,000 Beds 3 Baths 1 Sq 882 Virtual Tour
Monthly Estimate* How much can I afford?

Lake cottage with an easement to Lake Freeman with dock and lift! This low maintenance 3-bedroom, 1-bath home offers 882 sq. ft. of efficient living space and sits on a corner lot just a short stroll from the water. The property includes 15 feet of Lake Freeman easement access, complete with a boat dock and covered boat liftmaking it easy to keep your boat protected and ready for the next day on the lake. All three bedrooms are located upstairs, providing separation from the main living area. One upper bedroom features its own private deck, creating a quiet outdoor space to relax. A covered deck off the main level offers views of Lake Freeman, making it the perfect place for morning coffee or winding down after a day on the water. Ideal as a weekend getaway or a manageable lake retreat, this property delivers convenient lake access and practical amenities at an attractive price point.

Single Family

  • Price
  • $ 195,000
  • City
  • Monticello
  • Bedrooms
  • 3
  • Full Bathrooms
  • 1
  • County
  • CARROLL
  • Half Bathrooms
  • 0
  • Area
  • Jefferson
  • Lot Size
  • 0.1 Acres
  • Zip
  • 47960
  • Sqr Footage
  • 882
  • Year Built
  • 1950
  • Taxes
  • $ 973
  • Style
  • Site-Built Home
  • MLS#
  • 202606799
Listed By: Bart Hickman with REAL ESTATE NETWORK L.L.C; Cell: 574-870-4269
Data Source: Indiana Regional MLS (IRMLS)

Features

General

Sewer Regional
Heating Gas,Forced Air
Kitchen Level Main
Cooling Central Air
Laundry Y/N Main
Fireplaces No
Water Access Type Frontage Lot
Amenities Balcony,Ceiling Fan(s),Deck Covered,Eat-In Kitchen,Stand Up Shower,Main Floor Laundry
Status Active
Full Baths 1
Bathrooms 1
Year Built 1950
New Construction No
Subdivision Sunset Park
Style One and Half Story
Township Jefferson
Class RESIDENTIAL
Type Site-Built Home
Age 76
FIPS Code 18015
Associated Document Count 2
REO No
Status Active
Auction Y/N No
Annual Taxes 973.82
Area Carroll County
Location Lake
High School Twin Lakes
City Monticello
School District Twin Lakes School Corp.
Assoc. Dues Frequency Annually
HOA Fees $ 150
Total Sq Ft 882
Elementary School Twin Lakes
Middle School Twin Lakes
Legal Description 008-12001-00 UNIT 2 SUNDET PARK BLK 8 LOT 1
Agent First Name Bart
Agent Last Name Hickman
DOM 197
Tax Year 2026

Interior Features

Basement Crawl,Slab
Flooring Carpet,Laminate
Kitchen Length 18
Kitchen Width 9
Beds 3
Total Rooms 5
Living Room Width 16
Living Room Length 18
Full Baths Main 1
Total Finished SqFt 882
Basement Y/N No
Above Grade Bedrooms 3
1st Bedroom Level Upper
1st Bedroom Width 9
2nd Bedroom Length 10
2nd Bedroom Level Upper
2nd Bedroom Width 7
3rd Bedroom Length 7
3rd Bedroom Level Upper
3rd Bedroom Width 5
Above Grade Finished SqFt 882
Living/Great Rm Level Main
Basement Material Block

Exterior Features

Exterior Vinyl
Water Frontage 15
Pool No
Waterfront Lake
Lot Size Area 4356
Lot Dimensions 20 X 115,IRR
Lot Description Corner,Level,Lake,Water View
Water Features Pier/Dock,Walk to Lake Access,Boat Lot,Assoc,Deeded
Well Type Private
Water Name Lake Freeman
Approx. Lot Size Acres 0.1
ROOF MATERIAL Dimensional Shingles
Lake Ski Lake
Waterfront Y/N Yes
Garage Y/N No

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

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Lafayette, IN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Twin Lakes Elementary School
Middle School Twin Lakes Middle School
High School Twin Lakes High School

Price History

3/3/2026 Listed $247,500
4/15/2026 8% - $229,900
5/7/2026 5% - $219,900
6/23/2026 5% - $209,900
8/25/2026 8% - $195,000

Property vs Zip Code Average in 47960

Price
AVG $370K
$200K
Taxes
AVG $2,046
$973
Year Built
AVG 1965
1950
Visits
AVG 61
199
Data Provided by Inside Real Estate®

11846 W Lookout Drive Monticello, IN is a Single Family Home for sale at $195000 with 882 sqft and a lot size of 0.1 Acres Acre(s). 11846 W Lookout Drive Monticello has 3 bedrooms, 1 baths and was built in 1950. The property's zip code is 47960 which is in Monticello, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.