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
515 E Monroe Dam RD, Bloomington, IN 47401
515 E Monroe Dam RD, Bloomington, IN 47401
515 E Monroe Dam RD, Bloomington, IN 47401
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Michelle Kelly

Michelle Kelly

+1(317) 809-3350
Listed by Christopher Fahy • Berkshire Hathaway Home
$ 474,000
Est. payment | /mo

3 Beds

2 Baths

1,560 SqFt

Save Virtual Tour
$ 474,000
Est. payment | /mo
Save Virtual Tour

3 Beds

2 Baths

1,560 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,560 sqft

Price per Sqft $303

Subdivision No Subdivision

MLS Listing ID 22117546

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1989

Tax Year 2025

Lot Size 5.000 Acres

Acres 5.0

Property Sub-Type Single Family Residence

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

Rooms

Basement Finished

Main Level Bedrooms 2

Kitchen Kitchen Updated

Interior

Interior Features Breakfast Bar, Kitchen Island, Paddle Fan, Hi-Speed Internet Availbl, Eat-in Kitchen, Pantry, Smart Thermostat, Wood Work Painted

Heating Electric, Forced Air, Heat Pump

Cooling Central Air, Heat Pump

Equipment Dehumidifier, Security System Owned, Smoke Alarm

Fireplace Y

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

Exterior

Exterior Feature Barn Pole, Storage, RV Hookup, Other

Garage Spaces 4.0

Utilities Available Cable Available, Electricity Connected, Septic System, Water Connected

View Y/N true

Water Access Desc Public

View Forest, Pasture, Rural, Trees/Woods

Building

Story One

Foundation Block

Water Public

Architectural Style Ranch

Structure Type Wood Siding

New Construction false

Schools

Elementary Schools Lakeview Elementary School

Middle Schools Jackson Creek Middle School

High Schools Bloomington High School South

School District Monroe County Community Sch Corp

Others

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

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515 E Monroe Dam RD