515 E Monroe Dam RD, Bloomington, IN 47401
515 E Monroe Dam RD, Bloomington, IN 47401,Video Tour
515 E Monroe Dam RD, Bloomington, IN 47401
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Listed by Berkshire Hathaway HomeServices Indiana Realty
$468,444
Est. payment /mo
3 Beds
2 Baths
1,560 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Site-Built Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,560 sqft

MLS Listing ID IRM202631031

Style Cabin

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1989

Annual Tax Amount $4,160

Tax Year 2025

Lot Size 5.000 Acres

Acres 5.0

Lot Dimensions 279x781

Property Sub-Type Site-Built Home

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.

Location

State IN

County Monroe County

Rooms

Basement Walk-Out Basement

Interior

Interior Features Alarm System-Security, Breakfast Bar, Ceiling Fan(s), Countertops-Stone, Deck Covered, Deck Open, Detector-Smoke, Disposal, Dryer Hook Up Electric, Eat-in Kitchen, Garage Door Opener, Kitchen Island, Open Floorplan, RV Parking, Stand Up Shower, Tub/Shower Combination, Workshop, See Remarks, Custom Cabinetry, Garage Utilities

Heating Forced Air, Heat Pump

Fireplaces Type None

Inclusions Dishwasher, Microwave, Refrigerator, Washer, Window Treatments, Dryer-Electric, Oven-Convection, Oven-Electric, Range-Electric, Water Heater Electric, Window Treatment-Blinds

Fireplace N

Exterior

Parking Features Gravel

Garage Spaces 4.0

Fence Partial, Chain Link

Waterfront Description None

View Y/N true

Building

Lot Description Heavy Woods, Irregular Lot, Rolling Lot, 3-5.9999, Wooded

Story Detached

Sewer Septic

Water City

Level or Stories Detached

New Construction No

Schools

Elementary Schools Lakeview

Middle Schools Jackson Creek

High Schools Bloomington South

School District Monroe County Community School Corp.

Others

Pets Allowed No

Tax ID 53-11-21-300-007.000-006

Acceptable Financing IRM202631031

Listing Terms IRM202631031

Special Listing Condition None

Virtual Tour https://www.zillow.com/view-imx/72ddfff6-0eb3-4d02-b7e5-15e6725c7034?wl=true&setAttribution=mls&initialViewType=pano


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