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  • $550,000

    3276 E Bailey Rd, Monticello, IN 47960

    5beds
    2,372sqft
    Single Family Residence
    Built in 1964
    0.37 Acres Lot
    $540,700 Zestimate®
    $232/sqft
    $2,374 Estimated rent

    Home value

    $540,700

    $514,000 - $568,000

    $2,374/mo

    Zestimate® history
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    What's special

    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 gathering. 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.

    Zillow last checked: 8 hours ago

    Listing updated: October 14, 2025 at 04:17pm

    Listing courtesy of:

    Kelly O'Neill 219-313-7904,

    Realty Executives Premier Illinois

    Bought with:

    Non Member

    NON MEMBER

    Source: MRED as distributed by MLS GRID,MLS#: 12420624MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    Primary bedroom
    • Features: Bathroom (Full)
    • Level: Second
    • Area: 288 Square Feet
    • Dimensions: 18X16
    Bedroom 2
    • Level: Second
    • Area: 120 Square Feet
    • Dimensions: 12X10
    Bedroom 3
    • Level: Second
    • Area: 88 Square Feet
    • Dimensions: 11X8
    Bedroom 4
    • Level: Main
    • Area: 81 Square Feet
    • Dimensions: 9X9
    Bedroom 5
    • Level: Main
    • Area: 72 Square Feet
    • Dimensions: 9X8
    Kitchen
    • Level: Main
    • Area: 266 Square Feet
    • Dimensions: 19X14
    Laundry
    • Level: Main
    • Area: 60 Square Feet
    • Dimensions: 10X6
    Living room
    • Level: Main
    • Area: 306 Square Feet
    • Dimensions: 18X17
    Heating
    • Natural Gas
    Cooling
    • Central Air
    Features
    • Basement: Crawl Space
    • Number of fireplaces: 2
    • Fireplace features: Wood Burning, Gas Log, Gas Starter, Family Room, Master Bedroom
    Interior area
    • Total structure area: 2,372
    • Total interior livable area: 2,372 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: On Site, Garage Owned, Attached, Garage
    • Attached garage spaces: 2
    Accessibility
    • Accessibility features: No Disability Access
    Features
    • Stories: 2
    • Exterior features: Fire Pit
    • Has view: Yes
    • View description: Front of Property
    • Water view: Front of Property
    • Waterfront features: Lake Front
    Lot
    • Size: 0.37 Acres
    • Features: Cul-De-Sac
    Details
    • Parcel number: 918331000013900013
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding
    Condition
    • New construction: No
    • Year built: 1964

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Well

    Community & neighborhood

    Location
    • Region: Monticello

    Other

    Other facts
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    10/14/2025Sold$550,000-3.3%$232/sqft
    Source: MRED as distributed by MLS GRID #12420624 Report a problem
    9/15/2025Pending sale$569,000$240/sqft
    Source: NIRA #825415 Report a problem
    8/4/2025Listed for sale$569,000-5.2%$240/sqft
    Source: NIRA #825415 Report a problem
    7/7/2025Listing removed$599,900
    Source: IRMLS #202432004 Report a problem
    5/20/2025Price change$599,900-4%
    Source: IRMLS #202432004 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,687 +10.6%$398,600 +6.9%
    2023$3,334 +3.5%$372,700 +20.1%
    2022$3,221 +4.8%$310,300 +6.6%

    Find assessor info on the county website

    Neighborhood: 47960

    Nearby schools

    GreatSchools rating
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