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. 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.
Single-familyProperty Type
1964Year Built
0.37 acresLot Size
$244Est. Price/Sq.Ft.
2 car garageParking
Listed by Kelly ONeill• Realty Executives Premier
•219-462-2224 (broker)
•info@RexPremier.com (broker)
Listed by Alexis O'Neill• Realty Executives Premier
•219-462-2224 (broker)
•info@RexPremier.com (broker)
Bought with Non-Member Agent• Non-Member MLS Office
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. 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.
NIRA MLS as Distributed by MLS Grid #825415
Oct 14, 2025
Sold
$550,000
$232/sq ft
Aug 4, 2025
Listed
$569,000
$240/sq ft
MRED as Distributed by MLS Grid #12420624
Oct 14, 2025
Sold (MLS) (Closed)
$550,000
$232/sq ft
Sep 15, 2025
Pending
—
Aug 4, 2025
Listed (Active)
$569,000
$240/sq ft
+40
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.
IRMLS #202432004
May 20, 2025
Price Changed
$599,900
$253/sq ft
Apr 28, 2025
Price Changed
$624,900
$263/sq ft
Sep 23, 2024
Price Changed
$644,900
$272/sq ft
Sep 11, 2024
Price Changed
$649,900
$274/sq ft
Aug 29, 2024
Price Changed
$684,900
$289/sq ft
Aug 21, 2024
Listed
$699,900
$295/sq ft
Year
Property tax
Land + Additions
Assessment*
2024
$3,703 (+0.4%)
$143,000 + $255,600
$398,600
2023
$3,687 (+10.6%)
$143,000 + $229,700
$372,700
2022
$3,334 (+3.5%)
$143,000 + $167,300
$310,300
2021
$3,221 (+4.8%)
$143,000 + $148,000
$291,000
2020
$3,072 (+6.2%)
$105,300 + $136,200
$241,500
2019
$2,892 (+6.4%)
$105,300 + $136,200
$241,500
2018
$2,719 (−4.8%)
$97,800 + $136,200
$234,000
2017
$2,856 (+9.8%)
$97,800 + $123,100
$220,900
2016
$2,601
$97,800 + $123,100
$220,900
2015
$2,602 (+3.0%)
$90,300 + $118,300
$208,600
2013
$2,525
$90,300 + $113,800
$204,100
Tax history for 3276 E Bailey Rd
Year
Property tax
Land + Additions
Assessment*
2024
$3,703 (+0.4%)
$143,000 + $255,600
$398,600
2023
$3,687 (+10.6%)
$143,000 + $229,700
$372,700
2022
$3,334 (+3.5%)
$143,000 + $167,300
$310,300
2021
$3,221 (+4.8%)
$143,000 + $148,000
$291,000
2020
$3,072 (+6.2%)
$105,300 + $136,200
$241,500
2019
$2,892 (+6.4%)
$105,300 + $136,200
$241,500
2018
$2,719 (−4.8%)
$97,800 + $136,200
$234,000
2017
$2,856 (+9.8%)
$97,800 + $123,100
$220,900
2016
$2,601
$97,800 + $123,100
$220,900
2015
$2,602 (+3.0%)
$90,300 + $118,300
$208,600
2013
$2,525
$90,300 + $113,800
$204,100
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.