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$1,399,000   Price Analysis
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2589 E Pedigo Bay Dr
Bloomington, IN 47401
5 bed 6 bath 5,103 SqFt ($274/SqFt)
5.03 acre lot. Built 2016
Listed 2024-02-13, HOA $113, Taxes $6,729
May be USDA loan restricted due to income limits
near Bloomington

Welcome to The Pedigo Bay

A private gated community on Lake Monroe! This 5 acre lakefront property is one of the largest in the neighborhood that offers plenty of privacy, road and lake frontage. This quality custom-built, 5 bedroom and 4.5 bathroom home spans over 5, 400 sq ft across a single level over a finished walkout basement with breathtaking wooded and partial lake views. The main level of the home offers a split floor plan and has multi-level ceiling heights with coffered ceilings in multiple areas. The naturally illuminated living and dining area flows seamlessly into a gourmet kitchen with a large center island with seating, custom cabinetry and brilliant stone countertops. The vaulted ceilings and oversized, perfectly oriented windows in the living room maximizes every inch of lush greenery and lake visibility.

The primary suite comes with a tray ceiling, deck access, a separate bath and tub, custom built-ins and a large walk-in closet. There are two additional bedrooms on the main level with a shared bathroom. The upper level offers a sizeable bonus room and guest bedroom. The lower portion of this residence presents a secondary gathering area that is perfect for entertainment and a family room with a wet bar, a wood stove and a recreational room. There is a guest suite accessible from both the interior and exterior of the house which serves as the perfect private guest suite. There are two additional rooms that a re being used as a second office and workshop. The wrap-around deck featuring multiple areas of outdoor seating includes a screened-in area for the coveted lake lifestyle and entertainment. The property bing located a short few minutes from HWY 37 makes it convenient for commuters to Indianapolis or Louisville.


Presented by Vatche Khachatrian at
CENTURY 21 Scheetz.
Listing Agent Photo

Property MLS #202404408 from IRMLS

Total Rooms: 13
Den Dimensions: 14 x 10
Extra Room-1 Dimensions: 9 x 10
Extra Room-2 Dimensions: 10 x 14
Extra Room-3 Dimensions: 16 x 33
Family Room Dimensions: 17 x 20
Game/Recreation Room Dimensions: 15 x 19
Den Level: Lower
Extra Room-1 Level: Main
Extra Room-2 Level: Lower
Extra Room-3 Level: Lower
Family Room Level: Lower
Game/Recreation Room Level: Basement
Living Room Level: Main
Basement Description: Walk-Out Basement, Finished
Extra Room-1 Description: Office
Extra Room-2 Description: storage/workshopt
Extra Room-3 Description: Greatroom/Bar

Bedrooms: 5
Bedrooms On Basement Level: 1
Bedroom 1 Dimensions: 15 x 15
Bedroom 2 Dimensions: 16 x 19
Bedroom 3 Dimensions: 13 x 14
Bedroom 4 Dimensions: 15 x 26
Bedroom 5 Dimensions: 15 x 16
Bedroom 1 Level: Main
Bedroom 2 Level: Main
Bedroom 3 Level: Main
Bedroom 4 Level: Upper
Bedroom 5 Level: Lower

Total Bathrooms: 4 / 2
Full Bathrooms: 4
1/2 Bathrooms: 2
Full Bathrooms On Main Level: 2
Half Bathrooms On Main Level: 1
Bathrooms On Basement Level: 2
Full Bathrooms On Basement Level: 1
Half Bathrooms On Basement Level: 1
Full Bathrooms On Upper Level: 1

Cooling Features: Heat Pump, Geothermal
Fireplace Features: Fireplace: Yes
Heating Features: Electric, Geothermal, Heat Pump
Number of Fireplaces: 1
Ceiling Fan
Geothermal Hvac

Furnished Description: Dishwasher, Microwave, Refrigerator, Washer, Cooktop-Electric, Dryer-Electric, Kitchen Exhaust Hood, Oven-Double, Oven-Electric, Water Heater Electric
Flooring: Hardwood Floors, Carpet, Ceramic Tile

Dining Room Dimensions: 16 x 16
Dining Room Level: Main
Kitchen Dimensions: 16 x 13
Kitchen Level: Main

Water Body Name: Lake Monroe
Lake

Masonry
Road Surface Type: Asphalt

Lakefront
Lot Description: 3-5.9999, Lake, Water View, Waterfront-Medium Bank
Lot Size Acres: 5.03
Lot Size Dimensions: irregular
Lot Size Square Feet: 219107

Driveway: Concrete
Garage Spaces: 3
Garage Description: Attached
Garage Dimensions: 36 x 28
Garage Sqft: 1008

Association: Yes
Association Fee: 680
Association Fee Frequency: Semi-Annually
Calculated Total Monthly Association Fees: 113

Elementary School: Lakeview
High School: Bloomington South
Middle School: Jackson Creek
School District: Monroe County Community School C

Lakeview Elementary School is a public elementary school located approximately 2.7 miles away.
directions icon Map directions

Jackson Creek Middle School is a public middle school located approximately 8.4 miles away.
directions icon Map directions

Bloomington High School South is a public high school located approximately 9.8 miles away.
directions icon Map directions

Community Features: Ceiling-9+, Ceiling Fan(s), Ceilings-Vaulted, Closet(s) Walk-in, Countertops-Stone, Crown Molding, Detector-Smoke, Disposal, Porch Covered, Porch Screened, Main Level Bedroom Suite, Custom Cabinetry

Annual Tax Amount: 7211
Source Listing Status: Active
County: Monroe County
Directions: From South HWY 37 to Monroe Dam road, turn right to Valley Mission road, turn left on Pedigo Bay drive
Tax Year: 2023
Source Property Type: RESIDENTIAL
Source Neighborhood: Pedigo Bay
Parcel Number: 53-11-35-200-009.000-006
Property Location: Lake, Near Walking Trail
Subdivision: Pedigo Bay
Township: Clear Creek
Property Subtype: Site-Built Home
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$514,500 + $190,500
$705,000
$6,729
2020$506,600 + $190,500
$697,100
$6,966
2019$502,200 + $190,500
$692,700
$6,013
2018$480,800 + $190,500
$671,300
$9,381
2017$455,400 + $190,300
$645,700
$10,468
2017$559,200 + $190,300
$749,500
$10,468
2016$unknown + $190,300
$190,300
$8,862
2015$unknown + $205,300
$205,300
$2,592
2013$unknown + $177,100
$177,100
$2,416
2012$unknown + $1,600
$1,600
$21
2011$unknown + $1,500
$1,500
$19
2010$unknown + $1,300
$1,300
$16
2008$unknown + $1,100
$1,100
$14

Listed 2024-02-13
$1,399,000
IRMLS
Listing removed 2024-02-01
$1,529,000
IRMLS
Listing removed 2024-01-01
$1,529,000
IRMLS
Listed 2023-08-26
$1,529,000
IRMLS
Listing removed 2014-03-04
$225,000
Bloomington
Listing removed 2013-06-18
$225,000
IRMLS
Sold 2012-01-01
$175,000
Public Record
Listed 2001-06-14
$225,000
Bloomington
Listed 2001-06-14
$225,000
IRMLS

Total Square Feet Living: 5103
Year Built: 2016
Above Grade Finished Area: 3035
BelowGradeFinishedArea: 2068
Below Grade Unfinished Area: 320
Construction Materials: Poured Concrete
Property Age: 8
Roof: Shingle
Levels or Stories: 1
House Style: One Story
Total Area Main: 2468
Total Area Sqft: 5423
Total Area Upper: 567
Total Below Grade Area: 2388
Architectural Style: Contemporary, Walkout Ranch

Sewer: Private
Water Source: Public

Green Energy Efficient: Energy Efficient: Insulation, Windows
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.