515 E Monroe Dam Rd

1,560 Sq. Ft.
$304 / Sq. Ft.
1,560
Sq. Ft.
$304
per Sq. Ft.

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...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.
  1. Listed by Christopher Fahy • Berkshire Hathaway Home
  2. Listed by Julie Getty-Downham

Property Details for 515 East Monroe Dam Road

Architectural Style
Ranch
Subdivision Name
No Subdivision
Township
Clear Creek
Waterfront
No
LISTING UPDATED: 07/31/2026 01:04 PM

Property Details for 515 East Monroe Dam Road

StatusActive
MLS #22117546
Days on Market1
Taxes$2,080 semi-annually
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1989
Lot Size5.00 AC / 217,800 SF
CountyMonroe County

Location

Listing Courtesy of Berkshire Hathaway Home
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Building Information for 515 East Monroe Dam Road

Stories-Year Built1989Building Size-Lot Size5.00 AC / 217,800 SF

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$2,756 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,409

Property Taxes

$347

HOA Dues

$0

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Property Information for 515 East Monroe Dam Road

Summary
Location and General Information
  • City: Bloomington
  • County Or Parish: Monroe
  • Directions: GPS Friendly
  • Postal Code: 47401
  • State Or Province: IN
  • View: Forest, Pasture, Rural, Trees/Woods
  • View: Yes
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 531121300007000006
  • Semi Annual Property Tax Amt: 2080
  • Tax Exemption: None
  • Tax Year: 2025
  • TaxLot: 1
School Information
  • Elementary School: Lakeview Elementary School
  • High School: Bloomington High School South
  • Middle Or Junior School: Jackson Creek Middle School
  • School District: Monroe County Community Sch Corp
Parking
  • Garage YN: Yes
  • Garage Parking Other: Finished Garage,Garage Door Opener,Service Door,Other
  • Garage Spaces: 4.0
  • Garage SqFt: 635
Property
Lot Information
  • Acreage: 5-10 Acres
  • Lot Description: Irregular Lot, Rural - Not Subdivision, Mature Trees, Wooded, See Remarks, Other
  • Lot Size Square Feet: 217800.0
  • Lot Size Acres: 5.0
  • Main Level SqFt: 1040
  • New Construction: False
  • Other Structures: Outbuilding
  • Living SqFt: 0.0
  • Sqft Total: 1040.0
  • Sq Ft Total: 1560.0
  • Year Built Numeric: 1989
  • Below Grade Finished Area: 520.0
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: No
Utilities
  • Electric: 200+ Amp Service, 220 Volts in Garage, 220 Volts in Workshop
  • Sewer: Septic
  • Solid Waste: No
  • Utilities: Cable Available, Electricity Connected, Septic System, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Siding
  • Exterior Features: Barn Pole, Storage, RV Hookup, Other
  • Foundation Details: Block
  • Pool Private: No
  • Horse Amenities: None
  • Fencing: Chain Link, Partial, Gate
Interior Features
  • Accessibility Features: No
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Disposal, Microwave, Convection Oven, Electric Oven, Refrigerator, Washer, Other
  • Areas Interior: Bedroom Other on Main,Other
  • Basement Description: Finished
  • Basement YN: Yes
  • Cooling: Central Air, Heat Pump
  • Eating Area: Dining Combo/Kitchen
  • Fireplaces Total: 0
  • Heating: Electric, Forced Air, Heat Pump
  • Interior Features: Breakfast Bar, Kitchen Island, Paddle Fan, Hi-Speed Internet Availbl, Eat-in Kitchen, Pantry, Smart Thermostat, Wood Work Painted
  • Levels: One
  • Kitchen Features: Kitchen Updated
  • Additional Equipment: Dehumidifier, Security System Owned, Smoke Alarm
  • Smart Home Features: Thermostat - Programmable,Thermostat - WiFi
  • Room List: Primary Bedroom, Bedroom 2, Bedroom 3, Family Room, Kitchen, Laundry
  • Room and Features: Primary Bedroom-Main, Bedroom 2-Main, Bedroom 3-Basement, Family Room-Main, Kitchen-Main, Laundry-Main
  • Spa: No
  • Main Level Bedrooms: 2
  • Laundry Features: Main Level
  • Num Bedrooms Upper: 0
  • Num Bedrooms Basement: 1
  • Rooms Basement: 1
Room Information
Room Information
  • Rooms MU: 5
  • Rooms Total MU: 5
  • Total Rooms: 6
Room 1
  • Room Level: Main
  • Room Dimensions: 12x11
  • Room Type: Primary Bedroom
Room 2
  • Room Level: Main
  • Room Dimensions: 9x9
  • Room Type: Bedroom 2
Room 3
  • Room Level: Basement
  • Room Dimensions: 24x12
  • Room Type: Bedroom 3
Room 4
  • Room Level: Main
  • Room Dimensions: 18x13
  • Room Type: Family Room
Room 5
  • Room Level: Main
  • Room Dimensions: 15x12
  • Room Type: Kitchen
Room 6
  • Room Level: Main
  • Room Dimensions: 10x5
  • Room Type: Laundry
Bathrooms
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Count: 2
  • Full Baths Basement: 1
  • Full Baths Main: 1
  • Full Baths MU: 1
  • Full Baths Upper: 0
  • Half Baths Basement: 0
  • Half Baths Main: 0
  • Half Baths MU: 0
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 2
  • Bedrooms MU: 2
  • Bedrooms Total: 3

Property History for 515 East Monroe Dam Road

DateEvent & SourcePriceAppreciation
Jul 31, 2026

Listed (Active)

Indiana Regional MLS #202631031

$474,000—
Jul 31, 2026

Listed (Active)

MIBORMLS #22117546

$474,000—
Oct 21, 2022

Sold (Public Record)

Public Record #1510530706

$315,000

+12.8% / yr

DateEvent & SourcePrice
07/31/2026

Listed (Active)

Indiana Regional MLS #202631031

$474,000
07/31/2026

Listed (Active)

MIBORMLS #22117546

$474,000
10/21/2022

Sold (Public Record)

Public Record #1510530706

$315,000

+12.8% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 515 East Monroe Dam Road

Taxable ValueLand$70,000Additions$210,600Total$280,600
Tax Record2025$4,160 ($347 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,560 SqFtAbove Grade Finished SqFt1,040 SqFtFinished Basement SqFt520 SqFtStories1Lot Size217,800 SqFtStyleSingle Family ResidenceYear Built1989Year Renovated1999ZoningAGRRCountyMONROEAPN53-11-21-300-007.000-006

Schools near 515 East Monroe Dam Road

This home is within Monroe County Com Sch Corp.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Lakeview Elementary School
PublicPK to 6

Jackson Creek Middle School
Public7 to 8

Bloomington High School South
Public9 to 12

Bloomington Graduation School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

515 East Monroe Dam Road is a single family home for sale in Bloomington, IN 47401. This property was listed for sale on July 31, 2026 by Berkshire Hathaway Home, it's currently listed at $474,000. It has been on the market for a total of 1 days and was last sold on October 21, 2022. This listing's school district is Monroe County Com Sch Corp. Nearby schools include Lakeview Elementary School, Jackson Creek Middle School and Bloomington High School South. 515 East Monroe Dam Road is a 3-bed, 2-bath, 1,560 sqft single family home built in 1989.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway Home

Based on information submitted to the MLS GRID as of 07/31/2026 01:04 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.