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515 E Monroe Dam Road
Bloomington, IN 47401

$474,000 - Status: Active
Beds: 3
Baths: 2 full
SQFT: 1,560
MLS# 202631031

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.

Property Features

MLS#: 202631031
Zip: 47401
Subdivision:
Development: Clear Creek
Property Type: Residential - Single Family
Basement: Walk-Out Basement
Cooling: Central Air
Days on Site: 1
Garage: 4
Heating: Forced Air, Heat Pump
Home Style: Cabin/Cottage
Lot Size: 5.00 acres
Roof Type: Asphalt
Taxes: $4,160
Year Built: 1989

Feature Descriptions

Above Grade Finished SQFT: 1040
Amenities: 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 Floor Plan, RV Parking, Stand Up Shower, Tub/Shower Combination, W
Below Grade Finished SQFT: 520
Exterior: Wood
Garage SQFT: 672
Location: Rural, Other
Lot Description: Heavily Wooded, Irregular, Rolling, 3-5.9999, Wooded
Lot Dimensions: 279x781
Number of Rooms: 6
Sale Inclusions: Dishwasher, Microwave, Refrigerator, Washer, Window Treatments, Dryer-Electric, Oven-Convection, Oven-Electric, Range-Electric, Water Heater Electric, Window Treatment-Blinds
Sewer: Septic
Total Finished SQFT: 1560
Water: City

Room Sizes

Bedroom 1: 12x11 Level - Main
Bedroom 2: 9x9 Level - Main
Bedroom 3: 24x12 Level - Basement
Family Room: 18x13 Level - Main
Kitchen: 15x12 Level - Main
Laundry: 10x5 Level - Main

Local Schools

High School: Bloomington South
Middle School: Jackson Creek
Elementary School: Lakeview
School District: Monroe County Community School Corp.

515 E Monroe Dam Road | MLS# 202631031

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 within the Monroe County Community School Corp. school district. Search Bloomington real estate on www.coldwellbanker1stchoice.com today.

Listed By / Shown By

Listed By

Agency Name: Berkshire Hathaway HomeServices Indiana Realty
Agency Contact: Cell: 317-847-6203
Agent Name: Chris Fahy

Shown By

Agency Title: Coldwell Banker 1st Choice
Agency Phone: (219) 324-2121

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IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS

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