$468,444
Original price: $474,000
3 Beds
2 Baths
1,560 sqft (on 5 acres)
515 E Monroe Dam Rd, Bloomington, IN 47401
Est. Mortgage $2,809/mo*
Get Pre-QualifiedWe estimate this home will sell faster than 86% nearby.
Home Highlights
Single-Family Home
Built in 1989
5 acre lot
$300/sqft
Garage
Local Information
- Map ViewExplore the area around 515 E Monroe Dam Rd.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
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.
Last check for updates: about 14 hours ago
Listing Provided by: Christopher Fahy, (317) 847-6203
Berkshire Hathaway Home
Julie Getty-Downham, (317) 710-6696
Source: MIBOR as distributed by MLS GRID, MLS#22117546
We estimate this home will sell faster than 86% nearby.
Home Details for 515 E Monroe Dam Rd
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MLS Status: Active |
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Interior Details Basement: FinishedNumber of Rooms: 6Types of Rooms: Bedroom 2, Bedroom 3, Family Room, Kitchen, Laundry |
Beds & Baths Number of Bedrooms: 3Main Level Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2Number of Bathrooms (main level): 1 |
Dimensions and Layout Living Area: 1560 Square Feet |
Appliances & Utilities Utilities: Electricity Connected, Water ConnectedAppliances: Dishwasher, Dryer, Electric Water Heater, Disposal, Microwave, Convection Oven, Electric Oven, Refrigerator, Washer, OtherDishwasherDisposalDryerLaundry: Main LevelMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: Electric,Forced Air,Heat PumpHas CoolingAir Conditioning: Central Air,Heat PumpHas HeatingHeating Fuel: Electric |
Gas & Electric Electric: 200+ Amp Service, 220 Volts in Garage, 220 Volts in WorkshopHas Electric on Property |
Windows, Doors, Floors & Walls Window: Wood Work Painted |
Levels, Entrance, & Accessibility Stories: 1Levels: One |
View Has a ViewView: Forest, Pasture, Rural, Trees/Woods |
Security Security: Security System Owned, Smoke Detector(s) |
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Exterior Home Features Patio / Porch: Covered, DeckFencing: Fenced, Chain Link, Partial, GateOther Structures: Barn PoleExterior: Storage, RV Hookup, OtherFoundation: Block |
Parking & Garage Number of Garage Spaces: 4Number of Covered Spaces: 4Other Parking: Garage Parking Other(Finished Garage, Garage Door Opener, Service Door, Other)No CarportHas a GarageNo Attached GarageParking Spaces: 4Parking: Detached,Gravel,Garage Door Opener,Guest,RV Access/Parking,Storage,Workshop in Garage,Other |
Water & Sewer Sewer: Septic Tank |
Farm & Range Horse Amenities: None |
Finished Area Finished Area (below surface): 520 Square Feet |
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Cumulative Days on Market: 44Days on Market: 46 |
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Year Built Year Built: 1989 |
Property Type / Style Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Ranch |
Building Construction Materials: Wood SidingNot a New ConstructionNot Attached PropertyNo Additional Parcels |
Property Information Condition: Updated/RemodeledParcel Number: 531121300007000006 |
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Price List Price: $468,444Price Per Sqft: $300 |
Status Change & Dates Possession Timing: Close Of Escrow, Negotiable |
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Direction & Address City: BloomingtonCommunity: No Subdivision |
School Information Elementary School: Lakeview Elementary SchoolJr High / Middle School: Jackson Creek Middle SchoolHigh School: Bloomington High School SouthHigh School District: Monroe County Community Sch Corp |
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Listing Agent Listing ID: 22117546 |
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Building Area Building Area: 1560 Square Feet |
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No HOA |
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Lot Area: 5 Acres |
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BasementMls Number: 22117546 |
Around this home
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Smithville-Sanders
At least 4 Trulia users voted on each feature.
100 % Say it's quiet
100 % Say car is needed
90 % Say there's wildlife
89 % Say people would walk alone at night
88 % Say parking is easy
86 % Say there's holiday spirit
71 % Say streets are well-lit
52 % Say neighbors are friendly
50 % Say it's dog friendly
50 % Say kids play outside
33 % Say yards are well-kept
30 % Say it's walkable to grocery stores
25 % Say they plan to stay for at least 5 years
14 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Bloomington
Last updated August 2026
Avg. sale price
$339K
$16.5KMoM
Sale-to-List Price
98.2%
0.1%MoM
Price per sq ft
$192
$4MoM
Available listings
706
6MoM
Home Value
Trulia Estimate
$456KSince last month
Increased$62K (+15.7%)Since last year
Increased$79K (+20.9%)Since last sale
Increased$141K (+44.7%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +202% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $456K |
| August 2026 | $463K |
| July 2026 | $394K |
| June 2026 | $399K |
| May 2026 | $397K |
| April 2026 | $393K |
| March 2026 | $389K |
| February 2026 | $386K |
| January 2026 | $375K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.12 | Single-Family Home | $535,000 | 08/21/26 | 4 | 3 | 1,792 | |
0.61 | Single-Family Home | $1,050,000 | 02/20/26 | 4 | 4.5 | 5,169 | |
0.87 | Single-Family Home | $445,000 | 10/27/25 | 3 | 2.5 | 1,843 | |
1.03 | Single-Family Home | $201,000 | 07/06/26 | 3 | 2 | 1,328 | |
1.13 | Single-Family Home | $315,000 | 12/18/25 | 3 | 2 | 2,153 | |
1.02 | Single-Family Home | $319,900 | 09/14/26 | 2 | 2 | 2,050 | |
1.52 | Single-Family Home | $270,000 | 01/05/26 | 3 | 2 | 1,662 | |
1.08 | Single-Family Home | $380,000 | 12/02/25 | 3 | 2.5 | 2,536 | |
1.14 | Single-Family Home | $345,000 | 11/07/25 | 3 | 2.5 | 1,608 | |
0.82 | Single-Family Home | $530,000 | 12/15/25 | 3 | 2.5 | 3,026 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.49 | $700,000 | - | - | - | Recently Sold | |
0.50 | - | - | - | - | Off Market | |
0.57 | - | - | - | - | Off Market | |
0.59 | $949,000 | 3 | 3 | 4,557 | For Sale | |
0.61 | $1,050,000 | 4 | 4.5 | 5,169 | Recently Sold | |
0.64 | $933,500 | 6 | 5.5 | 6,071 | Off Market | |
0.70 | $281,600 | 3 | 2 | 1,700 | Off Market | |
0.70 | $334,600 | 3 | 2 | 1,991 | Off Market | |
0.73 | $262,500 | 2 | 2 | 1,539 | For Sale | |
0.73 | $235,600 | 2 | 2 | 1,400 | Off Market | |
0.73 | $259,100 | 3 | 2 | 1,772 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 12, 2026 Source: MIBOR as distributed by MLS GRID #22117546 | PriceChange | $468,444 Price decreased by 1% |
Jul 31, 2026 Source: IRMLS #202631031 | Listed For Sale | $474,000 |
Oct 21, 2022 Source: MIBOR as distributed by MLS GRID #21873466 | Sold | $315,000 |
Sep 26, 2022 Source: MIBOR as distributed by MLS GRID #21873466 | Pending | $349,900 |
Sep 15, 2022 Source: IRMLS #202230866 | PriceChange | $349,900 Price decreased by 7% |
Aug 3, 2022 Source: MIBOR as distributed by MLS GRID #21873466 | PriceChange | $374,900 Price decreased by 6% |
Jul 26, 2022 Source: IRMLS #202230866 | Listed For Sale | $399,900 |
Mar 22, 2019 Source: N/A | Sold | $215,000 |
Feb 18, 2019 Source: Agent Provided | Listed For Sale | $215,000 |
Aug 7, 2016 Source: Agent Provided | ListingRemoved | $165,000 |
May 10, 2016 Source: Agent Provided | PriceChange | $165,000 Price decreased by 13% |
Feb 6, 2016 Source: Agent Provided | Listed For Sale | $189,500 |
Jan 4, 2016 Source: Agent Provided | ListingRemoved | $195,000 |
Jun 2, 2015 Source: Agent Provided | PriceChange | $195,000 Price decreased by 2% |
Oct 28, 2014 Source: Agent Provided | PriceChange | $199,500 Price decreased by 5% |
Aug 23, 2014 Source: Agent Provided | PriceChange | $210,000 Price decreased by 7% |
May 6, 2014 Source: Agent Provided | Listed For Sale | $225,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $3,837 | $280,600 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Christopher Fahy, Berkshire Hathaway Home
Agent Phone: (317) 847-6203
Based on information submitted to the MLS GRID as of 2026-09-14 23:43:19 PDT. 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. Some IDX listings have been excluded from this website. Click here for more information
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Frequently asked questions about 515 E Monroe Dam Rd
- What is the estimated monthly payment for 515 E Monroe Dam Rd?Based on a $468,444 list price with 20% down at today's rates, the estimated monthly payment for 515 E Monroe Dam Rd in Bloomington, IN is approximately $2,914 (about $2,558 principal & interest, $281 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 515 E Monroe Dam Rd compare to homes in Bloomington?515 E Monroe Dam Rd in Bloomington, IN is listed at $468,444, about 38% above the $339K median sale price in Bloomington.
- What are the closest schools to 515 E Monroe Dam Rd?The closest schools to 515 E Monroe Dam Rd in Bloomington, IN are Bloomington High School South (rated 10/10), Jackson Creek Middle School (rated 8/10), Lakeview Elementary School (Pre-K, rated 7/10).
- What is 515 E Monroe Dam Rd estimated to be worth?Trulia's estimated value for 515 E Monroe Dam Rd in Bloomington, IN is $455,700.
- Does 515 E Monroe Dam Rd have air conditioning?Yes, 515 E Monroe Dam Rd in Bloomington, IN has air conditioning.
- Does 515 E Monroe Dam Rd have laundry facilities?Yes, 515 E Monroe Dam Rd in Bloomington, IN has in-unit laundry.
515 E Monroe Dam Rd, Bloomington, IN 47401 is a 3 bedroom, 2 bathroom, 1,560 sqft single-family home built in 1989. 515 E Monroe Dam Rd is located in Smithville-Sanders, Bloomington. This property is currently available for sale and was listed by MIBOR as distributed by MLS GRID on Jul 31, 2026. The MLS # for this home is MLS# 22117546.