515 E Monroe Dam Rd
Bloomington, IN 47401
Smithville-Sanders- 3 Beds
- 2 Baths
- 1,560 sqft (on 5 acres)
3 Beds
2 Baths
1,560 sqft
(on 5 acres)
Home Highlights
Parking
Garage
Outdoor
Deck
Climate Control
Heating & Cooling
Price/Sqft
$304
Listed
Less than a day ago
Local Information
-- 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.
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: Master Bedroom, 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: 1Days on Market: <1 day on Trulia |
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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: $474,000Price Per Sqft: $304 |
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 |
Last check for updates: about 4 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

Market trends in Bloomington
Last updated June 2026
Avg. sale price
$319K
$18.15KMoM
Sale-to-List Price
98.2%
0.1%MoM
Price per sq ft
$184
$4MoM
Available listings
752
12MoM
Price History for 515 E Monroe Dam Rd
| Date | Price | Event | Source |
|---|---|---|---|
| 07/31/2026 | $474,000 | Listed For Sale | IRMLS #202631031 |
| 10/21/2022 | $315,000 | Sold | MIBOR as distributed by MLS GRID #21873466 |
| 09/26/2022 | $349,900 | Pending | MIBOR as distributed by MLS GRID #21873466 |
| 09/15/2022 | $349,900 | PriceChange | IRMLS #202230866 |
| 08/03/2022 | $374,900 | PriceChange | MIBOR as distributed by MLS GRID #21873466 |
| 07/26/2022 | $399,900 | Listed For Sale | IRMLS #202230866 |
| 03/22/2019 | $215,000 | Sold | N/A |
| 02/18/2019 | $215,000 | Listed For Sale | Agent Provided |
| 08/07/2016 | $165,000 | ListingRemoved | Agent Provided |
| 05/10/2016 | $165,000 | PriceChange | Agent Provided |
| 02/06/2016 | $189,500 | Listed For Sale | Agent Provided |
| 01/04/2016 | $195,000 | ListingRemoved | Agent Provided |
| 06/02/2015 | $195,000 | PriceChange | Agent Provided |
| 10/28/2014 | $199,500 | PriceChange | Agent Provided |
| 08/23/2014 | $210,000 | PriceChange | Agent Provided |
| 05/06/2014 | $225,000 | Listed For Sale | Agent Provided |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $3,837 |
| Assessment | $280,600 |
Home facts updated by county records
Comparable Sales for 515 E Monroe Dam Rd
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
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 | |
1.52 | 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 | |
1.06 | Single-Family Home | $395,000 | 11/05/25 | 3 | 2.5 | 2,340 | |
1.06 | Single-Family Home | $407,631 | 10/13/25 | 3 | 2.5 | 2,018 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 515 E Monroe Dam Rd.
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.
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 2026-07-31 10:43:10 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
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.

