5507 E Colonial Oaks Dr

Monticello IN 47960

1488 sq. ft.

14519 sq. ft.

Single-Family

Last sold for $470,000

Cody Miller, last sold this property on 09 January 2026 after -20 days on market.

Overview

Welcome to 5507 Colonial Oaks — a once in a lifetime opportunity to own the most breathtaking views on Lake Freeman. Enjoy expansive, panoramic vistas spanning over 8,000 feet from your private shoreline to the opposite shore, overlooking the renowned Ski-Island. The main level showcases modern, contemporary updates, including beautiful LVP flooring, a quartz-topped island and countertops, a stylish tiled backsplash, floor-to-ceiling cabinets, a farmhouse sink with matching stainless steel appliances, and high-end fixtures throughout. The thoughtfully redesigned floor plan floods the space with natural light through oversized lakeside windows, offering spectacular views in the open-concept living, dining, and kitchen areas. Downstairs features a walkout basement, a third bedroom, and an 11x11 utility/laundry room that is plumbed for a second full bathroom. Outside, you'll find an entertainer's dream setup: a 20x22 garage with an attached pergola, a 20x15 paver patio, and a spacious 29x27 deck leading to your private pier equipped with a boat lift and jet ski lift. Enjoy 60 feet of pristine main lake frontage for endless lakeside fun. Another noteworthy update includes a new furnace and AC installed in 2024. For the ultimate lake lifestyle, a 2024 Viaggio Tri-Toon and Yamaha Waverunner are available separately. Schedule your visit today and experience all this incredible property has to offer!

Features

3 bedrooms

1 bathroom

2 carspaces

2 garage spaces

1488 sq. ft. floor area

14519 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Monticello over the last 12 months, the estimated median property value of 5507 E Colonial Oaks Dr is $285k.

Median value

$285k

Estimated value range

$107.7k - $895k

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Monticello. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5507 E Colonial Oaks Dr

2026

Sold

$470,000

09 Jan 2026 by Cody Miller, of Raeco Realty

2018

Sold

$230,000

28 Sep 2018 by Chris Thayer, of REAL ESTATE NETWORK L.L.C

2016

Sold

$200,000

19 Jul 2016 by Gregory Vogel, of VOGEL REAL ESTATE

Happy sellers in Monticello

We have insufficient information to provide an overview of customer satisfaction for Monticello. Viewing the agent profiles, reviews and sales for Monticello can provide insights for this location.