Lakefront Building
For Sale
$219,900
31 N Diamond Point Road, Monticello, IN 47960
LAND - Monticello, IN
Property SizeContact for details
Lot Size0.42 Acres
Days on Market97
Property Features for 31 N Diamond Point Road
General Information
Property type
Land
Property subtype
Other
Zoning description
residential
Subdivision
Hinterland Trail(s)
Lot features
Lake, Slope, Waterfront, Waterfront- Medium Bank, Subdivision, Rural
Elementary school
Twin Lakes
Middle school
Twin Lakes
High school
Twin Lakes
Elementary school district
Twin Lakes School Corp.
Middle school district
Twin Lakes School Corp.
High school district
Twin Lakes School Corp.
Directions
IND 39 north from US 24/IND 39 intersection east of Monticello, north to CR 100 North, follow west, down hill onto Diamond Pt.
Standard status
Active
APN
91-73-28-000-006.600-020
Lot size
0.42 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
Hinterland Trails Subdivision 1 Lot 31 & Lot 32
Tax Annual Amount
474
Legal Description
Hinterland Trails Subdivision 1 Lot 31 & Lot 32
Utilities
Water front features
Lake
Water front
1
Listing Agency:
VOGEL REAL ESTATE
(574) 583-3981
Listed By:
Gregory Vogel II, Gri
(574) 870-3987
Added: May 28
Changed: Aug 3
Last Checked: Sep 1 at 9:06AM
MLS# 202620737
Copyright © 2026 White County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This offering includes two separate building lots on Lake Freeman, each with its own parcel number. The lots have approximately 167 feet of combined waterfrontage and feature a gentle slope toward the water. The building sites are described as elevated and compacted and positioned out of the flood zone. Improvements referenced in the remarks include a new gravel driveway to the water and a riprap seawall along the shoreline.
Access is via an asphalt county road, with utilities noted as available in the subdivision, including sewer, overhead electric, and internet and natural gas. The property is described as located in a calm area with access to ski areas and across the lake from the town limits of Monticello.
For buyers looking to develop on Lake Freeman, the split-parcel structure supports building two homes or tailoring plans to separate lots. The combination of waterfront frontage, shoreline stabilization, and elevated building sites outside the flood zone is well suited for residential construction where site readiness and buildable conditions are priorities.
Access is via an asphalt county road, with utilities noted as available in the subdivision, including sewer, overhead electric, and internet and natural gas. The property is described as located in a calm area with access to ski areas and across the lake from the town limits of Monticello.
For buyers looking to develop on Lake Freeman, the split-parcel structure supports building two homes or tailoring plans to separate lots. The combination of waterfront frontage, shoreline stabilization, and elevated building sites outside the flood zone is well suited for residential construction where site readiness and buildable conditions are priorities.
Key Highlights
- Two Lake Freeman building lots with 167'+/- of waterfrontage and a gentle slope to the water
- Elevated and compacted building sites reported out of the flood zone
- Nice riprap seawall and rocks lakeside
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
121
Businesses Nearby
Explore this area
Business Placement
Demographics for 47960, IN
15,029
Population
9,757
Households
1.5
Avg Household Size
47
Median Age
18%
College-Educated
91%
High-School Grad
118.3 sq mi
ZIP Area
127
Density / Sq Mi
$61,087
Median Household Income
$38,389
Median Earnings
$852
Median Rent
$179,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Waterfront Land - Two shovel-ready lakefront parcels offer gentle waterfront access with building sites outside the flood zone.
Where is this waterfront land located?
The property is located at 31 N Diamond Point Road Monticello, IN.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: Two Lake Freeman building lots with 167'+/- of waterfrontage and a gentle slope to the water; Elevated and compacted building sites reported out of the flood zone; Nice riprap seawall and rocks lakeside
