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… Read More 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. Read Less
Courtesy of , Berkshire Hathaway HomeServices Indiana Realty
Listing Snapshot
Days Online
0
Beds
3
Full Baths
2
Square Ft.
1,560
Lot Size
5 Acres
Year Built
1989
MLS Number
202631031
30 Days Snapshot Of 47401
$392k
-8%
(avg) sold price
51
+2%
homes sold
56
+7%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Walk-Out Basement
Building
1,040 finished above grade sqft, Area: 1560, Architectural Style: Cabin, Building Area: 1560, Construction Materials: Wood Siding, Built in 1989
Cooling
Central Air
Fence
Partial, Chain Link
Floors
Flooring: Vinyl
Garage
4 spaces
Heating
Forced Air, Heat Pump
Laundry
Main Level
Lot
Features: Heavy Woods, Irregular Lot, Rolling Lot, 3-5.9999, Wooded, 5 acres, Size: 217800, Dimensions: 279x781
Parking
Gravel
Roof
Asphalt
Sewer
Septic
Utilities
Water Source: City
Taxes
Annual Taxes: $4,160, Year: 2025
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