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7587 S Shady Side Dr, Bloomington, IN, 47401

$875,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Full Baths
$259/SqFt
House
Schools Nearby

Location

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7587 S Shady Side Dr, Bloomington$875,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Garage3 spaces
Year Built1963
HeatingForced Air
CoolingCentral Air
WaterfrontLake Front
FireplaceGas Log, Basement, One
MLS #202407183
Lot Size2.00 Acres
StatusActive

About 7587 S Shady Side Dr

Ultra rare opportunity to own a home on the picturesque shores of Lake Monroe! These homes rarely hit the market. This 4-bed, 3-full bath retreat underwent an extensive remodel this year using all high-end finishes. Step inside and marvel at the modern open-concept layout with gorgeous vinyl plank floors and large windows that flood the rooms with natural light. Enjoy the breathtaking panoramic views of the glistening waters and lush forests that envelop this idyllic haven. Sizable kitchen features gorgeous granite countertops, SS appliances and a breakfast bar that overlooks the living room. Inviting 16x30 screened-in porch that overlooks the lake is the perfect spot to unwind and enjoy the sounds of nature. Completely finished walkout basement features a family room with cozy fireplace, additional bedroom with direct views of the lake, full bath, and a large laundry room. Expansive multi-level decks overlooking the lake are the perfect locations for family and friends to gather. Hot tub on the lower deck remains with the home. This amazing property also offers a heated 3-car detached garage. Above the garage features a newly finished 1-bedroom apartment with full kitchen, living room, and large deck that offers the same breathtaking views of the lake as the primary home - an ideal space for family, friends, or rental income. Beyond the property, explore hiking trails in the adjacent national park, indulge in lake water sports, or visit the nearby town for local cuisine and culture. Homes on Lake Monroe rarely come on the market, making this a truly exceptional opportunity.

Property Details

Property Features

Property Information:

  • Architectural Style: Walkout Ranch
  • Year Built: 1963

Listing Office:

  • Office Name: Steve Lew Real Estate Group
  • Listing Agent: Steve Lew

Interior Features

Interior Information:

  • Flooring Type: Vinyl
  • Fireplace: Gas Log, Basement, One

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: Lake Front
  • Exterior: Vinyl

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: No

Virtual/3D Tour

  • Virtual Tour: 7587 S Shady Side Dr

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Lot Features

Lot Information:

  • Lot: Rolling/Hilly, Waterfront, Views, Wooded
  • Lot Size: 2.00 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $875,000
  • Price Per SqFt: $259/SqFt

Tax Information:

  • Annual Amount: $2,379
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Bloomington, IN.

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Bloomington, IN

City

Med. Sold Price

$320K

Med. Price/SqFt

$188

Avg. Days On Market

28

# of Sold Homes

51

7587 S Shady Side Dr vs Bloomington

55 DAYS ON ROCKET

+27 Days

$875,000

+$555K More

$259/SqFt

+$71 More

KEY TAKEAWAY

This property is $555K more than the Median Sold Price and $71/SqFt more than other homes in Bloomington, IN.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Number: #202407183

Listing Office:

  • Office Name: Steve Lew Real Estate Group
  • Listing Agent: Steve Lew

IDX The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2024, 10:25:17 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,379$310,200
2019$2,407$311,400
2017$2,400$310,700

History based on county public records data.

Payment Calculator

$4,435

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,690

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3956100
6
/10

  • Lakeview Elementary School

  • 9090 S Strain Ridge Rd

  • 4.00 miles

  • Public District Grades PK-6

school-card-donut-3956101
3
/10

  • Clear Creek Elementary School

  • 300 W Clear Creek Dr

  • 5.44 miles

  • Public District Grades PK-6

school-card-donut-3956102
9
/10

  • Childs Elementary School

  • 2211 S High St

  • 5.94 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,153. The majority of Bloomington, IN residents have income between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7587 S Shady Side Dr

What is the listing price of this property?

The listing price of 7587 S Shady Side Dr property is $875,000.

What type of property is this?

The property 7587 S Shady Side Dr is a house located in Bloomington, Indiana, 47401.

Is this property for sale now?

Active Listing: 7587 S Shady Side Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,379 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7587 S Shady Side Dr has 5 bedrooms and 3 bathrooms.

Which year was this property built?

The year of construction for 7587 S Shady Side Dr is 1963.

Rocket Homes›Indiana›Monroe County›Bloomington›47401›7587 S Shady Side Dr

This home is located at 7587 S Shady Side Dr in Bloomington, IN and zip code 47401. This home was built in 1963. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 06, 2024 and is currently priced at $875,000.

Over 14 listings were sold over their listed price in March 2024 in Bloomington, IN. In the same period over 24 listings were sold below the listed price and 13 listings were sold for the listed price. The number of homes for sale in Bloomington, IN increased by 103.7% between February 2024 and March 2024. In March 2024, listings were on the market for 28 days. During the same period, the median list price in this real estate market was $320,000.

From Rocket Homes Real Estate and based on county public records data.

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