515 E Monroe Dam Road , Bloomington, IN 47401

$474,000
  • 515 E Monroe Dam Road , Bloomington, IN 47401 Main Photo

50 Total Photos [Click to View All]

Active
BEDS3 BATHS2 full SQUARE FEET1,560 MLS#22117546
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONNo Subdivision

Property Description

Just minutes from the Salt Creek Recreation Area boat ramp, this thoughtfully renovated 3-bedroom, 2-bath retreat on 5 private wooded acres offers the perfect blend of Lake Monroe adventure, peaceful seclusion, and exceptional versatility. Whether you're searching for a weekend getaway, a full-time residence, or a property with outstanding short-term rental potential, this one checks all the boxes. Inside, the open-concept floor plan centers around a stunning new kitchen featuring white soft-close cabinetry, quartz countertops, stainless steel appliances, a classic tile backsplash, and a large center island with breakfast bar seating. New flooring, updated lighting, and modern finishes throughout create a bright, welcoming space that comfortably sleeps up to 12 guests, making it ideal for hosting family and friends or accommodating larger groups. Outside, the possibilities continue with an oversized detached two-car garage, a 32' x 28' insulated pole barn with electricity, a covered parking area, and plenty of room to park an RV, boats, trailers, and recreational equipment. Whether you're spending the day on Lake Monroe, exploring Hoosier National Forest, or relaxing around the property, you'll appreciate the space to store all your outdoor toys. Paynetown State Recreation Area, beaches, marinas, and miles of hiking trails are just minutes away, while Indiana University and downtown Bloomington are approximately 15 minutes from your doorstep. With its generous sleeping capacity, abundant parking, exceptional storage, and prime location near both Lake Monroe and IU, this property offers outstanding flexibility as a personal retreat or a short-term rental for lake visitors, university events, football weekends, graduation ceremonies, and other Bloomington-area activities. If you've been searching for a place where lake living, outdoor adventure, and investment opportunity come together, you've just found it.

515 E Monroe Dam Road | MLS# 22117546

This single family home located at 515 E Monroe Dam Road , Bloomington, IN 47401 is currently listed for sale with an asking price of $474,000. This property was built in 1989 and has 3 bedrooms and 2 full baths with 1560 sq. ft. E Monroe Dam Road is located in the No Subdivision subdivision. Search No Subdivision real estate on jaredmccormick.ikeyrealty.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central Air, Heat Pump
Garage: 4
Heating: Electric, Forced Air, Heat Pump
Home Style: Ranch
Lot Size: 5.00 Acres
Stories: 1.0
Taxes: $4,160
Year Built: 1989

Appliances

Dishwasher
Dryer
Electric Water Heater
Disposal
Microwave
Convection Oven
Electric Oven
Refrigerator
Washer
Other

Feature Descriptions

Barn: Pole
Basement: Finished
Bath: 1(Full-Basement), 1(Full-Main)
Days on Site: 21
Eating Area: Dining Combo/Kitchen
Equipment: Dehumidifier, Security System Owned, Smoke Alarm
Exterior: Wood Siding
ExteriorFeatures: Barn Pole, Storage, RV Hookup, Other
Foundation: Block
Garage/Parking Infromation: Finished Garage, Garage Door Opener, Service Door, Other
InteriorFeatures: Breakfast Bar, Kitchen Island, Paddle Fan, Hi-Speed Internet Availbl, Eat-in Kitchen, Pantry, Smart Thermostat, Wood Work Painted
Outbuilding(s): Yes
Security: yes
Total Rooms: 6
Utility Options: Cable Available, Electricity Connected, Septic System, Water Connected
Water: Public

Room Sizes

Primary Bedroom: 12x11
Bedroom 2: 9x9
Bedroom 3: 24x12
Family Room: 18x13
Kitchen: 15x12
Laundry: 10x5

Local Schools

High School: Bloomington High School South
Middle School: Jackson Creek Middle School
Elementary School: Lakeview Elementary School

Listed By / Shown By

Listed By

Agency Name: Berkshire Hathaway Home
Agency Phone: 317-841-6380

Shown By

Agent Name: Jared McCormick
Agent Phone: (317) 340-4636
Agency Title: Key Realty

IDX logo

Estimate Your Payment

Estimated Payment

$ 3,136.34 per month $2,651.42 Principal & Interest $346.67 Property Tax $138.25 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder