While
there are larger lakes in the state, the man-made lakes of Freeman and Shafer
are unequaled anywhere in Indiana because the two dams maintain a nearly
constant water level in the lakes throughout the year. With
the completion of Norway Dam in 1923 just north of Monticello, and Oakdale Dam
in 1925 a few miles south of Monticello, the framework was set for the Twin
Lakes area to become one of the largest vacation spots in the Midwest. The
lakes offer something for everyone, from speed boating, waverunning, fishing,
swimming and sailing. The lakes are home to numerous summer cottages and many
year-round homes as well as an abundance of resorts and commercial
enterprises. With their central
location between Indianapolis and Chicago, Lake Shafer and Lake Freeman are the
best kept secret in real estate values. Purchasing a home on one of these lakes will be one of the best
investments you’ll ever make!
