$550,000
SOLD OCT 14, 2025

3276 E Bailey Rd Monticello, IN 47960

5 Beds
4 Baths
2,372 Sq Ft
0.37 Acres

Recently Sold

$232 Per Sq Ft

3% Below List Price

41 Days on Market

Highlights

  • Lake Front
  • Whirlpool Bathtub
  • Living Room
  • Fireplace in Primary Bedroom
  • Cul-De-Sac
  • Laundry Room

About This Home

As of October 2025

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.

Last Agent to Sell the Property

Kelly O'Neill

Realty Executives Premier Illinois License #475186498 Listed on: 08/04/2025

Realty Executives Premier Illinois

Last Buyer's Agent

Non Member

NON MEMBER

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

Outdoor Features

  • Fire Pit

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Well

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,703

Year Built

Built in 1964

Lot Details

0

HOA Fees

$15 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1964
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning, Gas Log, Gas Starter
  • Fireplaces: 2
  • LivingArea: 2372
  • Room Type: Bedroom 5
  • Estimated Total Finished Sq Ft: 2372
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Below Grade Bedrooms: 0
  • Fireplace Location: Family Room,Master Bedroom
  • Total Sq Ft: 2372

Exterior Features

  • Construction Materials: Vinyl Siding
  • ExteriorFeatures: Fire Pit
  • Lot Features: Cul-De-Sac
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: Yes
  • Master Association Fee Frequency: Yearly
  • Master Association Fee: 175

Fee Information

  • Association Fee Includes: None

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.37
  • Lot Dimensions: 16117
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 3703
  • Tax Year: 2024
  • Tax Exemptions: None

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
10/14/2025 10/14/25 Sold $550,000 -3.3% $232 / Sq Ft
09/14/2025 09/14/25 Pending -- -- --
08/04/2025 08/04/25 For Sale $569,000 -- $240 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12420624

Midwest Real Estate Data (MRED)

APN: 91-83-31-000-013.900-013