3276 E Bailey Rd Monticello, IN 47960
Estimated payment $3,466/month
Total Views
337
5
Beds
4
Baths
2,372
Sq Ft
$240
Price per Sq Ft
Highlights
- Hot Property
- Fireplace in Primary Bedroom
- Cul-De-Sac
- Lake Front
- Whirlpool Bathtub
- Living Room
About This Home
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. 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.
Listing Agent
Realty Executives Premier Illinois License #475186498 Listed on: 08/04/2025
Open House Schedule
-
Sunday, August 10, 202511:00 am to 12:30 pm8/10/2025 11:00:00 AM +00:008/10/2025 12:30:00 PM +00:00Hosted by Alexis O'Neill from 10:00am- 1130am ESTAdd to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,703
Year Built
- Built in 1964
Lot Details
- 0.37 Acre Lot
- Lake Front
- Cul-De-Sac
HOA Fees
- $15 Monthly HOA Fees
Parking
- 2 Car Garage
Interior Spaces
- 2,372 Sq Ft Home
- 2-Story Property
- Wood Burning Fireplace
- Gas Log Fireplace
- Family Room with Fireplace
- 2 Fireplaces
- Living Room
- Dining Room
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- Fireplace in Primary Bedroom
- 4 Full Bathrooms
- Dual Sinks
- Whirlpool Bathtub
- Separate Shower
Utilities
- Central Air
- Heating System Uses Natural Gas
- Well
Map
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | $3,703 | $398,600 | $143,000 | $255,600 |
| 2023 | $3,687 | $372,700 | $143,000 | $229,700 |
| 2022 | $3,334 | $310,300 | $143,000 | $167,300 |
| 2021 | $3,221 | $291,000 | $143,000 | $148,000 |
| 2020 | $3,072 | $241,500 | $105,300 | $136,200 |
| 2019 | $2,892 | $234,000 | $97,800 | $136,200 |
| 2018 | $2,719 | $224,500 | $97,800 | $126,700 |
| 2017 | $2,856 | $223,300 | $97,800 | $125,500 |
| 2016 | $2,602 | $220,900 | $97,800 | $123,100 |
| 2014 | $2,223 | $205,300 | $90,300 | $115,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/04/2025 08/04/25 | For Sale | $569,000 | -- | $240 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Similar Homes in Monticello, IN
Source: Midwest Real Estate Data (MRED)
MLS Number: 12420624
APN: 91-83-31-000-013.900-013
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