$243,000
SOLD JUN 6, 2025

1948 E Waters Edge Dr Bloomington, IN 47401

2 Beds
2 Baths
900 Sq Ft
$312/mo HOA Fee

Recently Sold

$270 Per Sq Ft

5% Below List Price

18 Days on Market

Highlights

  • Contemporary Architecture
  • Vaulted Ceiling
  • Walk-In Closet
  • Jackson Creek Middle School Rated A
  • Skylights
  • Storage

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

Eagle Pointe Realty Brokerage Email: sslaven@homefinder.org License #RB14024771 Listed on: 05/01/2025

Last Buyer's Agent

Jamie Morris

CENTURY 21 Scheetz

CENTURY 21 Scheetz

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,322

Year Built

  • Built in 1983

Lot Details

  • Two or More Common Walls

HOA Fees

  • $312 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor
  • Block Foundation

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Wired For Sound
  • Vaulted Ceiling
  • Paddle Fans
  • Skylights
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Storage

Kitchen

  • Electric Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Utilities

  • Heating Available
  • Electric Water Heater
  • High Speed Internet

Community Details

  • Association fees include home owners, clubhouse, entrance private, exercise room, golf, insurance, lawncare, ground maintenance, maintenance structure, maintenance, nature area, pickleball court, management, security, snow removal, tennis court(s), trash, walking trails
  • Association Phone (812) 824-3230
  • Waters Edge Subdivision
  • Property managed by Pegasus

Listing and Financial Details

  • Tax Lot PLATTED
  • Assessor Parcel Number 530040299086000006
  • Seller Concessions Not Offered

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,322

Year Built

Built in 1983

Lot Details

0

HOA Fees

$312 per month

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1983
  • Building Area Total: 900
  • Garage Y N: No
  • Subdivision Name: Waters Edge
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Floor Number: 2
  • Lifestyles: Walk Up
  • Unit Entry Level: 2
  • F H A Certified: No
  • MBR_AttributionContact: sslaven@homefinder.org
  • Attribution Contact: sslaven@homefinder.org
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Basement: No
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Disposal, MicroHood, Electric Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Interior Amenities: Raised Ceiling(s), Paddle Fan, Hi-Speed Internet Availbl, Skylight(s), Storage, Surround Sound Wiring, Walk-in Closet(s)
  • Living Area: 900
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 900
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Wood
  • Foundation Details: Block

Utilities

  • Heating: Electric
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association Amenities: Clubhouse, Exercise Course, Fitness Center, Golf Course, Insurance, Maintenance Grounds, Maintenance, Pickleball Court(s), Management, Security, Snow Removal, Tennis Court(s), Trash, Trail(s)
  • Association Fee: 937
  • Association Fee Frequency: Quarterly
  • Association Phone: 812-824-3230
  • Association YN: Yes
  • Management Company Name: Pegasus
  • H O A Disclosures: Covenants & Restrictions,Rental Restrictions,Rules & Regulations
  • Condo Description Location: Building Private Entry
  • Condo Type: Vertical

Fee Information

  • Association Fee Includes: Association Home Owners, Clubhouse, Entrance Private, Exercise Room, Golf, Insurance, Lawncare, Maintenance Grounds, Maintenance Structure, Maintenance, Nature Area, Pickleball Court, Management, Security, Snow Removal, Tennis Court(s), Trash, Walking Trails, See Remarks, Other

Lot Info

  • Property Attached Yn: Yes
  • Horse Amenities: None
  • Parcel Number: 530040299086000006
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 3322
  • Tax Lot: PLATTED
  • Semi Annual Property Tax Amt: 1661

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2020
Sold by
Hegner Thomas D and Hegner Kristine K
Bought by
Hegner Thomas D and Hegner Kristine K
Current Estimated Value
$243,983

Purchase Details

Closed on
Jun 8, 2007
Sold by
Havely Louis D and Havely Diane
Bought by
Hegner Thomas D and Hegner Kristine K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Interest Rate
6.21%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $121,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2025 06/06/25 Sold $243,000 -4.7% $270 / Sq Ft
05/19/2025 05/19/25 Pending -- -- --
05/01/2025 05/01/25 For Sale $255,000 -- $283 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,397 $226,800 $0 $226,800
2023 $3,289 $210,000 $0 $210,000
2022 $2,741 $185,000 $0 $185,000
2021 $2,481 $160,000 $0 $160,000
2020 $2,368 $145,000 $0 $145,000
2019 $1,830 $130,000 $0 $130,000
2018 $1,845 $130,000 $0 $130,000
2017 $1,817 $128,000 $0 $128,000
2016 $1,785 $128,000 $0 $128,000
2014 $1,753 $128,000 $0 $128,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22036149

MIBOR Broker Listing Cooperative®

APN: 53-00-40-299-086.000-006