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7587 S Shady Side Drive

Bloomington, IN 47401

5 beds
3 baths
3,376 sqft
~2 acre lot
$259 per sqft
1963 build

Ultra rare opportunity to own a home on the picturesque shores of Lake Monroe! These homes rarely hit the market. This 4-bed, 3-full bath retreat underwent an extensive remodel this year using all high-end finishes. Step inside and marvel at the modern open-concept layout with gorgeous vinyl plank floors and large windows that flood the rooms with natural light. Enjoy the breathtaking panoramic views of the glistening waters and lush forests that envelop this idyllic haven. Sizable kitchen features gorgeous granite countertops, SS appliances and a breakfast bar that overlooks the living room. Inviting 16x30 screened-in porch that overlooks the lake is the perfect spot to unwind and enjoy the sounds of nature. Completely finished walkout basement features a family room with cozy fireplace, additional bedroom with direct views of the lake, full bath, and a large laundry room. Expansive multi-level decks overlooking the lake are the perfect locations for family and friends to gather. Hot tub on the lower deck remains with the home. This amazing property also offers a heated 3-car detached garage. Above the garage features a newly finished 1-bedroom apartment with full kitchen, living room, and large deck that offers the same breathtaking views of the lake as the primary home - an ideal space for family, friends, or rental income. Beyond the property, explore hiking trails in the adjacent national park, indulge in lake water sports, or visit the nearby town for local cuisine and culture. Homes on Lake Monroe rarely come on the market, making this a truly exceptional opportunity.

Listing courtesy of MIBOR / Steve Lew Real Estate Group, LLC

Last checked: Checking… • Last updated Apr 23, 2024 •

MLS# 21952674 —

The Building

Year Built:

1963
New Construction:

false
Construction Materials:

Vinyl Siding
Architectural Style:

TraditonalAmerican
Levels:

One
Basement:

true
Basement:

Finished, Finished Ceiling, Finished Walls, Full, Storage Space, Walk Out
Foundation Details:

Block
Patio And Porch Features:

Covered Patio, Deck Main Level, Deck UP, Multiple Decks, Screened
Exterior Features:

Barn Mini, Carriage/Guest House
Accessibility Features:

No
Green Certification:

No
Building Area Total:

3376
Below Grade Finished Area:

1046

Interior

Rooms:

8
Rooms Total:

11
Rooms Total:

8
Interior Features:

Attic Access, Breakfast Bar, Hi-Speed Internet Availbl, Windows Vinyl, Wood Work Painted
Kitchen Features:

Kitchen Updated
Eating Area:

Dining Combo/Kitchen,Formal Dining Room
Laundry Features:

In Basement
Fireplaces Total:

1
Fireplace Features:

Basement

Room Dimensions

SqFt:

2330
Main Level SqFt:

2330
Living Area:

3376

Location

Directions:

Use GPS
Latitude:

39.061198
Longitude:

-86.459428

The Property

View:

true
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Attached:

false
Parcel Number:

531207200012000006
Acres:

1-3 Acres
Lot Features:

Mature Trees
Lot Size Acres:

2
Lot Size SqFt:

87,120 Sqft
Price Per Acre:

437500
Additional Parcels:

false
View:

Lake
View:

true
Waterfront:

true
Waterfront Features:

Lake Front
Horse Amenities:

None

Listing Agent

Contact info:

Taxes

Tax Lot:

None
Tax Year:

2022
Semi Annual Property Tax Amt:

1324

Beds

Beds:

4
Bedrooms:

4
Bedrooms Total:

5
Main Level Bedrooms:

4
Primary Bedroom Description:

Deck,Porch
# of Bedrooms Basement:

1

Baths

Baths:

3
Full Baths:

3
Full Baths:

2
Full Baths Main:

2
Full Baths Basement:

1

The Listing

Buyer's Brokerage Compensation:

2.25

Heating & Cooling

Heating:

Forced Air
Cooling:

Central Electric

Utilities

Water Source:

Municipal/City
Solid Waste:

No

Appliances

Appliances:

Dishwasher, Dryer, Gas Oven, Refrigerator, Washer

Schools

High School District:

Monroe County Community Sch Corp

The Community

Subdivision Name:

No Subdivision
Association:

false

Parking

Parking Features:

Detached
Garage:

true
Garage Spaces:

3
Garage SqFt:

864

Monthly cost estimate

Asking price

$875,000

Expense	Monthly cost
Mortgage	$4,685
Taxes	$220
Insurance	$240
Utilities	$213 See report
Total	$5,358/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
4/19/24 Apr 19, 2024	Price Changed	MIBOR	$875,000	-2.1%
2/27/24 Feb 27, 2024	Price Changed	MIBOR	$894,100	-0.6%
11/10/23 Nov 10, 2023	Listed / Active	MIBOR	$899,100

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This house located in IN 47401 is currently for sale for $875,000. 7587 S Shady Side Drive is a 3,376 square foot house with 5 beds and 3 baths. This house is in the attendance area of Lakeview Elementary School, Jackson Creek Middle School, and Bloomington High School South.

Listing Courtesy of: MIBOR and Steve Lew Real Estate Group, LLC.

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Data is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.