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$519,900

12924 N 1225 W Monticello, IN 47960

3 beds
3 full, 1 partial
0.3 acres
$254 / sqft
House

Property details

About 12924 N 1225 W

Just 30 minutes from I-65/SR 43, discover this stunning and fully renovated Lake Freeman waterfront home — the perfect weekend escape or an incredible short-term rental investment! With 75% of available weekends booked since the start of 2025 and $11,800 in future summer reservations, this 3-bedroom, 3.5-bath gem is ready to perform. Step inside and you’re welcomed by rich, thin plank hardwood floors that flow throughout, leading you into the expansive 24x13 primary suite — one of three en suite bedrooms. This suite is a showstopper, featuring vaulted wood ceilings, a gas fireplace, wet bar, and floor-to-ceiling windows with panoramic lake views — the perfect retreat or reading nook. The generous walk-in closet includes built-ins, while the ensuite bath features dual vanities, ample storage, and a garden tub/shower combo. The second main-floor bedroom includes a beautifully renovated en suite bathroom with a faux Carrera tiled shower, a sleek new vanity, and wood-look ceramic tile flooring. The heart of the home, however, is the open-concept lower level, where a wall of windows showcases sweeping lake views and floods the space with natural light. The kitchen is a chef’s dream, outfitted with soft-close custom wood cabinetry, high-end appliances, handcrafted wood backsplash and trim, and stunning concrete countertops, including an oversized island with seating for 8–10 — ideal for entertaining. The adjacent living and dining areas offer flexible layout options and blend seamlessly with the kitchen, creating a warm and social gathering space. Just off the kitchen is the third en suite bedroom, which feels like a boutique hotel suite. Its spa-like bath features a walk-in glass shower with black metal framing, a bench seat, and modern fixtures, plus a spacious closet hidden behind a stylish sliding barn door. Major updates mean peace of mind: metal roof (2022), new well, concrete driveway (room for 3-4 cars to park), retaining wall, and a massive lakefront deck. The serene and private beach offers a cozy firepit area and a brand-new swim dock with a ladder leading into shallow water perfect for swimming — only 3 feet deep near the shore, extending to about 15 feet. Also, this is only a 20 minute walk to the Madam Carroll!! So whether you’re looking for a high-performing Airbnb investment, a gorgeous lakeside getaway, or a combination of both, this Lake Freeman stunner has it all — incredible views, thoughtful updates, and unforgettable charm.

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Lot size0.258 Acres
Year built1940
MLS #202522531
WaterfrontLake Front
Fireplace1st Bdrm

Virtual tour

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Fireplace: 1st Bdrm
  • Total Bedroom Count: 3
  • Waterfront: Lake Front
  • Exterior: Vinyl
  • Heating: Forced Air
  • Cooling: Central Air
  • List Price: $519,900
  • Price/SqFt: $253
  • Annual Tax Amount: $106
  • Tax Year: 2023
  • Lot: Waterfront, Lake/Pond
  • Directions: Take US-421, turn left onto N 1200 W, turn left onto W 1250 N, turn right onto N 1225 W, home is on the left
  • Year Built: 1940
  • Lot Size: 0.258 Acres
  • MLS Number: 202522531
  • Office Name: Keller Williams Lafayette
  • Office Phone: (765) 413-0497
  • Listing Agent: Gregory Sporre

IDX The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). 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. ©2011-2025 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/9/2025, 12:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Jul 08, 2022
Home Sold
$270,000

Tax history

YearAssessmentProperty Tax
2023$198,200$106
2021$33,500$89
2020$31,900$84
2019$31,000$175

History based on county public records data.

Nearby schools

7

Oaklawn Elementary School

Public District KG-4

0.5 mi

402 E South St

5

Meadowlawn Elementary School

Public District KG-5

1.2 mi

715 W Ohio St

7

Eastlawn Elementary School

Public District PK-4

7.0 mi

47 S 1300 E

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $63,628. The most common annual income of people living in Monticello, IN is between $35k-100k. Most families are married, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

26%
<35k
53%
35k-100k
18%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

28%
Single, No Kids
10%
Single, with Kids
39%
Married, No Kids
23%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
10%
12-17 yrs old
18%
18-34 yrs old
43%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • NASCARNASCAR
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Bass Pro ShopsBass Pro Shops
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Jimmy JohnsJimmy Johns
  • Hardee'sHardee's
  • ApplebeesApplebees

What do the neighbors drive?

  • ChevroletChevrolet
  • GMCGMC
  • RamRam

What do the neighbors listen to?

  • New CountryNew Country
  • Classic CountryClassic Country
  • OldiesOldies
All data provided by Home Junction and Claritas

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Frequently asked questions

About 12924 N 1225 W

The listing price of 12924 N 1225 W property is $519,900.

The property 12924 N 1225 W is a house located in Monticello, Indiana, 47960.

Active Listing: 12924 N 1225 W is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 12924 N 1225 W are: Oaklawn Elementary School (GreatSchools Rating 7/10), Meadowlawn Elementary School (GreatSchools Rating 5/10), Eastlawn Elementary School (GreatSchools Rating 7/10), Roosevelt Middle School (GreatSchools Rating 5/10), North White Middle School (GreatSchools Rating 4/10), Delphi Community Middle School (GreatSchools Rating 6/10), Twin Lakes Senior High School (GreatSchools Rating 5/10), Frontier Jr-Sr High School (GreatSchools Rating 5/10), North White High School (GreatSchools Rating 5/10).

According to the records, the last property tax for 2023 is $106 (source: MLS/based on county public records data).

The last sale was on July 8, 2022 for $270,000 (source: MLS/tax record).

The property at 12924 N 1225 W has 3 bedrooms and 3 full and 1 half bathrooms.

The year of construction for 12924 N 1225 W is 1940.

This home is located at 12924 N 1225 W in Monticello, IN and zip code 47960. This home, which was built in 1940, sits on a 0.26 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 13, 2025 and is currently priced at $519,900.

In June 2025, from all listings sold in Monticello, IN there were more than 2 sold above asking price, over 13 sold below and more than 2 were sold right at the asked price. In June 2025 in Monticello, IN there were 5.8% more homes for sale than in May.

From Rocket Homes Real Estate and based on county public records data.

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