3276 E Bailey Road, Monticello, IN 47960

$550,000
5
BD
4
BA
2,372
SqFt

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Sold Price
$550,000
List Price
$569,000
Status
CLOSED
MLS#
825415
Closing Date
Oct 14, 2025
Year Built
1964
Days On Market
71
Bedrooms
5
Bathrooms
4
Living Area
2,372
Township
Monon
Subdivision
George Spencer Sub

Property Description

Welcome to your dream lakefront home, perfectly positioned on the peaceful shores of Lake Shafer's Big Monon Bay. This beautifully remodeled 5-bedroom, 4-bathroom residence was completely updated in 2011 and offers the ideal blend of luxury, comfort, and direct water access. Step inside to find an open-concept main level with picturesque lake views, a spacious living room with wood burning fireplace, and a gourmet kitchen featuring granite countertops, a large island, and ample cabinetry--perfect for entertaining. Off the living room, sliding doors lead to a covered porch, offering a serene space to relax and take in the stunning surroundings, rain or shine. The main floor also includes two generously sized bedrooms and 2 bathrooms. Upstairs, the expansive primary suite is a true sanctuary with breathtaking views, a cozy gas fireplace, private en suite bath featuring a jetted whirlpool tub, walk-in glass shower. Two additional bedrooms and a full bathroom provide plenty of space for guests or family. Outdoor living is elevated with a double jet ski lift and permanent boat lift with party deck above which is deal for sunbathing, enjoying sunsets, or hosting summer gatherings. The property also comes equipped with irrigation for easy lawn and landscape maintenance. Located in a no-wake zone, Big Monon Bay is perfect for swimming, kayaking, paddle boarding, and relaxing on calm waters--making it a safe and fun environment for all ages while being just a short boat drive away from the main lake. Whether you're looking for a weekend escape or a year-round residence, this rare lakefront gem offers it all--space, style, and an unbeatable waterfront lifestyle.

Additional Information

Acres
0.37
Taxes
$3,687
Water
Well
Heating
Forced Air
Appliances
Dishwasher, Refrigerator, Washer, Microwave, Gas Range, Dryer
School District
North White
Agent Name
Kelly ONeill

Listing courtesy of Kelly ONeill from Realty Executives Premier.

Selling Office: Non-Member MLS Office.

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