3480 E Bailey Road

Monticello, IN
$ 510,000 Beds 3 Baths 2 Sq 2,300 Virtual Tour
Monthly Estimate* How much can I afford?

Experience lakefront living in this 2,300 sq. ft. waterfront home featuring 3 bedrooms and 2 baths with amazing water views. Two spacious living areas provide flexible gathering spaces, while the eat-in kitchen offers a comfortable setting for everyday meals and entertaining. Large windows invite natural light and frame the lake beyond. All this in a golf cart friendly community with a bait and tackle shop on the street. Step outside to a generous, lake-level lot with 50 feet of steel seawall and a triple boat liftdesigned for effortless days on the water. The covered dock is more than just boat storage, it's a true waterfront entertaining area with space to relax, host friends and enjoy sunset evenings right at the water's edge. An attached 3-car garage with high ceilings adds exceptional storage for vehicles, lake toys, and all your gear, combining functionality with convenience. A rare blend of indoor comfort and outdoor enjoyment, this property delivers the full lakefront lifestyle in a prime location. These homes don't come available often, don't miss your opportunity!

Single Family

  • Price
  • $ 510,000
  • City
  • Monticello
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • WHITE
  • Half Bathrooms
  • 0
  • Area
  • Monon
  • Lot Size
  • 0.22 Acres
  • Zip
  • 47960
  • Sqr Footage
  • 2,300
  • Year Built
  • 1958
  • Taxes
  • $ 3624
  • Style
  • Traditional
  • MLS#
  • 202606027
Listed By: James Tonnsen with Trueblood Real Estate; Agt: 864-449-4309
Data Source: Indiana Regional MLS (IRMLS)

Features

General

Sewer Regional
Heating Gas
Kitchen Level Main
Cooling Central Air
Laundry Y/N Main
Fireplaces Yes
Water Access Type Lakefront
Garage Attached
Amenities Ceiling Fan(s),Deck Covered,Deck Open,Deck on Waterfront,Detector-Smoke,Disposal,Dryer Hook Up Electric,Eat-In Kitchen,Firepit,Garage Door Opener
Status Active
Full Baths 2
Bathrooms 2
Year Built 1958
New Construction No
Subdivision Bailey Road
Style Two Story
Township Monon
Class RESIDENTIAL
Type Site-Built Home
Age 68
FIPS Code 18181
Associated Document Count 3
REO No
Status Active
Auction Y/N No
Annual Taxes 3624
Area White County
Location Lake
High School North White Jr/Sr
City Monticello
School District North White School Corp.
Assoc. Dues Frequency Not Applicable
Architectural Style Traditional
Total Sq Ft 2300
Elementary School North White Primary
Middle School North White Jr/Sr
Legal Description OUT E NW 31-28-03 .22
Agent First Name James
Agent Last Name Tonnsen
DOM 160
Tax Year 2026

Interior Features

Basement None
Fireplace(s) 1
Flooring Tile,Vinyl
Kitchen Length 13
Laundry Room Width 7
Laundry Room Length 10
Kitchen Width 30
Beds 3
Total Rooms 10
Fireplace Kitchen
Family Room Width 13
Living Room Width 17
Family Room Length 23
Living Room Length 19
Full Baths Main 2
Total Finished SqFt 2300
Basement Y/N No
Above Grade Bedrooms 3
1st Bedroom Level Upper
1st Bedroom Width 13
2nd Bedroom Length 15
2nd Bedroom Level Upper
2nd Bedroom Width 13
3rd Bedroom Length 16
3rd Bedroom Level Main
3rd Bedroom Width 8
Above Grade Finished SqFt 2300
Living/Great Rm Level Main

Exterior Features

Exterior Vinyl
Water Frontage 50
Driveway Concrete
Pool No
Waterfront Lake
Garage Length 39
Garage Width 32
Lot Size Area 9583
Lot Dimensions 50x190
Lot Description Level,Waterfront,0-2.9999
Fence Partial,Pet Fence,Wood
Garage SqFt 1248
Water Features Pier/Dock,Boat Lot
Well Type Private
Water Name Lake Shafer
Approx. Lot Size Acres 0.22
Garage Capacity 3
Off Street Parking Y/N Yes
ROOF MATERIAL Shingle
Lake Ski Lake
Waterfront Y/N Yes
Garage Y/N Yes

Amenities

  • Foreclosure
  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Lafayette, IN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School North White Primary Elementary School
Middle School North White Jr/Sr Middle School
High School North White Jr/Sr High School

Price History

2/26/2026 Listed $529,900
3/31/2026 2% - $520,000
7/10/2026 2% - $510,000

Property vs Zip Code Average in 47960

Price
AVG $370K
$510K
Taxes
AVG $2,046
$3,624
Year Built
AVG 1965
1958
Visits
AVG 61
81
Data Provided by Inside Real Estate®

3480 E Bailey Road Monticello, IN is a Single Family Home for sale at $510000 with 2300 sqft and a lot size of 0.22 Acres Acre(s). 3480 E Bailey Road Monticello has 3 bedrooms, 2 baths and was built in 1958. The property's zip code is 47960 which is in Monticello, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.