720 W Washington Street
Monticello, IN, 47960 $ 349,900
Baths0.0 Monthly Estimate*
$ 2,154
Studio for $349,900. The lot size is 2.168.
Rare opportunity to own a truly unique and versatile property in the heart of Monticelloa well-known resort destination featuring two beautiful lakes and the iconic Indiana Beach Amusement Park. Situated on approximately 2 acres with full city utilities (water, sewer, gas, and electric), this impressive 1920s barn offers endless potential for redevelopment or immediate storage use. Originally constructed as a stable, the structure features solid concrete block construction paired with a full dimensional wood frame hip roof and interior framework that showcases its historic character. The main level offers over 4,400 square feet with a concrete floor, highlighted by two elevated rooms featuring warm knotty pine walls, wood flooring, and a charming fireplaceperfect for office, lounge, or private event space use. The expansive loft provides approximately 3,200 square feet beneath the striking hip roof, creating a dramatic open space ideal for events, dining, or creative redevelopment. The main barn measures approximately 114 x 38, with an additional 114 x 18 shed addition on the north side, partially heated, offering flexibility for storage, prep space, or expansion. With over 9,500 square feet total, this property is not only well-suited for conversion into an event venue, restaurant, brewery, or mixed-use destination, but also offers exceptional storage capacity for equipment, vehicles, inventory, or business operations. Its location in a high-traffic resort market, combined with its historic charm and substantial footprint, make it a standout investment with tremendous upside potential. Bring your vision and unlock the possibilities this one-of-a-kind property has to offer. Property is currently zone R-2.
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FeaturesGeneralRoad Frontage City
Status Active Active
Parking Garage Lot Off Street Unpaved
Subdivision None
Township Union
Class LOTS AND LAND
Present Use Multi-Family Other
Type Residential Land
Inside City Limits Yes
REO No
Status Detail 0
Area White County
Location City
High School Twin Lakes
City Monticello
School District Twin Lakes School Corp.
Elementary School Meadowlawn
Middle School Roosevelt
Legal Description OUT SW NW 33-27-3 2.049 & PT W NW .20 (50'X177.3') EX PT SW 1/4 NW 1/4 33-27-3 0.081
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202612026
Agent First Name Bart
Agent Last Name Hickman
DOM 6
Tax Year 2026
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ExteriorRoad Surface Asphalt
Road Access City
Lot Size Area 94438
Lot Dimensions 2.168
Land Features Barn
Waterfront Y/N No
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* Excluded FeaturesList ByBart HickmanListing Agent
Real Estate Network L.L.CBroker
Bart@Homes-By-Network.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,154
- Monthly Property Taxes
- $105
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbyLots and land listings in Monticello, IN
Average List Price $136,816
Percent of Sale Price 61%
About Monticello, IN 5,515 Population
-4% Since 2002
$ 40,981 Median Income
40.82 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
1235872 Elementary School
1235893 Middle School
Twin Lakes High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/8/2026 | $349,900 | | Listed Price |