$243,000
SOLD JUN 6, 2025

1948 E Waters Edge Dr Unit 51 Bloomington, IN 47401

Smithville-Sanders Neighborhood
2 Beds
2 Baths
900 Sq Ft
$244/mo HOA Fee

Recently Sold

$270 Per Sq Ft

5% Below List Price

34 Days on Market

Highlights

  • Community Cabanas
  • Access To Lake
  • Gated Community
  • Jackson Creek Middle School Rated A
  • Basketball Court
  • Golf Course View

About This Home

As of June 2025

Water, Water, Water! That’s all you can say about the breathtaking, wide-open view of Lake Monroe from this beautifully maintained 2-bedroom, 2-bath condo in the desirable Village of Water’s Edge. Enjoy panoramic lake views from the spacious deck, accessible from both the living room and the primary bedroom through sliding glass doors. The upper level home features vaulted ceilings and skylights that enhance the open feel, and has been meticulously cared for. Recent upgrades include new stainless steel kitchen appliances, a new water heater, and Trex decking for easy maintenance. The home also includes a Bose speaker system and is being sold fully furnished—see the exclusions list for artwork. The community offers a private pool, tennis court, sport court, and access to the Clubhouse and Restaurant. Plus, you're just a short drive to Fourwinds Marina, making this the perfect retreat for lake lovers. HVAC system replaced in 2021—move in with peace of mind and start enjoying lake life right away!

Last Agent to Sell the Property

Susan Slaven

Susan Slaven Realty Brokerage Phone: 812-325-5473 Listed on: 04/12/2025

Last Buyer's Agent

Jamie Morris

Century 21 Scheetz - Bloomington

Century 21 Scheetz - Bloomington

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,742

Year Built

  • Built in 1983

Lot Details

  • Waterfront
  • Private Streets

HOA Fees

  • $244 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Contemporary Architecture
  • Planned Development
  • Shingle Roof
  • Cement Board or Planked

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Golf Course Views
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient HVAC

Outdoor Features

  • Access To Lake
  • Sun Deck
  • Waterski or Wakeboard
  • Lake Property
  • Lake, Pond or Stream
  • Basketball Court

Schools

  • Lakeview Elementary School
  • Jackson Creek Middle School
  • Bloomington South High School

Utilities

  • Central Air
  • High-Efficiency Furnace
  • ENERGY STAR Qualified Water Heater

Listing and Financial Details

  • Assessor Parcel Number 53-00-40-299-086.000-006

Community Details

Overview

  • $68 Other Monthly Fees
  • Pointe Waters Edge Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Cabanas
  • Community Pool

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,742

Year Built

Built in 1983

Lot Details

0

HOA Fees

$244 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Condo/Villa
  • Waterfront: Yes
  • Year Built: 1983
  • Age: 42
  • Style: One Story
  • Architectural Style: Contemporary
  • Total Number of Rooms: 7
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 004-02990-86 Waters Edge PH2 BLDG K unit 7
  • Parcel Number ID: 53-00-40-299-086.000-006
  • Platted: Yes
  • Amenities: Breakfast Bar, Ceilings-Vaulted, Closet(s) Walk-in, Court-Basketball, Court-Recreational, Court-Tennis, Deck Open, Deck on Waterfront, Detector-Smoke, Disposal, Near Walking Trail
  • Location: Lake, Gated Community
  • Planned Unit Dev: Yes
  • Road Access: Private
  • Road Surface: Asphalt
  • Sp Lp Percent: 95.29
  • Year Taxes Payable: 2024
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 900
  • Total Finished Sq Ft: 900
  • Above Grade Finished Sq Ft: 900
  • Price Per Sq Ft: 270
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Wood Burning, One
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Living Great Room: Dimensions: 16x18, On Level: Upper
  • Kitchen: Dimensions: 12x9, On Level: Upper
  • Dining Room: On Level: Upper
  • Bedroom 1: Dimensions: 13x12, On Level: Upper
  • Bedroom 2: Dimensions: 11x10, On Level: Upper

Exterior Features

  • Exterior: Cement Board
  • Roof Material: Shingle
  • Outbuilding1: None
  • Pool: Association
  • Pool: Yes
  • Lake Type: Ski Lake
  • Water Features: Walk to Lake Access
  • Water Name: Lake Monroe

Garage/Parking

  • Driveway: Asphalt

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric
  • Sewer: Public
  • Water Utilities: Public
  • Electric Company: Duke Energy Indiana
  • Water Company: Southern Monroe Water
  • Hvac: High Efficiency Furnace
  • Water Type: Lake

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 731.67
  • Association Fees Frequency: Quarterly
  • Common Amenities: Cabana, Clubhouse, Security, Swimming Pool, Tennis Courts
  • Other Fee Description: PSA- security gates/clubhouse/main roads
  • Other Fees Dollar: 205.28

Schools

  • School District: Monroe County Community School Corp.
  • Elementary School: Lakeview
  • Middle School: Jackson Creek
  • High School: Bloomington South
  • Elementary School: Lakeview

Green Features

  • Energy Efficient: Appliances, HVAC, Water Heater

Lot Info

  • Lot Description: Golf Frontage, Waterfront, Planned Unit Development

Tax Info

  • Annual Taxes: 2741.57

Multi Family

  • Water Access: Easement/Other

MLS Schools

  • High School: Bloomington South
  • Middle School: Jackson Creek
  • School District: Monroe County Community School Corp.

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2025 06/06/25 Sold $243,000 -4.7% $270 / Sq Ft
04/12/2025 04/12/25 For Sale $255,000 -- $283 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Susan Slaven

    Seller's Agent in 2025

    Susan Slaven

    Susan Slaven Realty

    (812) 824-4700

    136 in this area

    161 Total Sales

    Susan Slaven
    Section Image
  • Jamie Morris

    Buyer's Agent in 2025

    Jamie Morris

    Century 21 Scheetz - Bloomington

    (812) 322-6742

    8 in this area

    152 Total Sales

    Jamie Morris
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202512558

Indiana Regional MLS

Indiana Monroe County Bloomington 47401 Smithville-Sanders

1948 E Waters Edge Dr Unit 51, Bloomington, IN

This home is located at 1948 E Waters Edge Dr Unit 51, Bloomington, IN 47401 and is currently priced at $243,000, approximately $270 per square foot. This property was built in 1983. 1948 E Waters Edge Dr Unit 51 is a home located in Monroe County with nearby schools including Lakeview Elementary School, Jackson Creek Middle School, and Bloomington High School South.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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