1 month on rocket

2589 E Pedigo Bay Dr, Bloomington, IN, 47401

$1,299,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Full Baths, 2 Partial
$255/SqFt
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

2589 E Pedigo Bay Dr, Bloomington$1,299,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingConcrete
Attached Garage3 spaces
Year Built2016
HeatingElectric, Geothermal, Heat Pump
CoolingGeothermal, Heat Pump
WaterfrontLake Front
FireplaceLiving/Great Rm, Gas Log, Basement, Wood Burning Stove
MLS #202435697
Lot Size5.03 Acres
StatusActive

About 2589 E Pedigo Bay Dr

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 spacious 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 are 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 being located a short few minutes from HWY 37 makes it convenient for commuters to Indianapolis or Louisville.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary, Walkout Ranch
  • Year Built: 2016

Listing Office:

  • Office Name: Century 21 Scheetz - Bloomington
  • Office Phone: (812) 320-1670
  • Listing Agent: Vatche Khachatrian

Interior Features

Interior Information:

  • Flooring Type: Carpet, Ceramic Tile, Hardwood Floors
  • Fireplace: Living/Great Rm, Gas Log, Basement, Wood Burning Stove

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: Lake Front
  • Exterior: Masonry

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Concrete

Lot Features

Lot Information:

  • Lot: Lake/Pond, Views, Waterfront
  • Lot Size: 5.03 Acres

Utilities

Utilities Information:

  • Heating: Electric, Geothermal, Heat Pump
  • Cooling: Geothermal, Heat Pump

Other

Directions Information:

  • Directions: From South HWY 37 to Monroe Dam road, turn right to Valley Mission road, turn left on Pedigo Bay drive

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,299,000
  • Price Per SqFt: $255/SqFt

HOA Fees:

  • Amount: $680
  • Frequency: Semi-Annually

Tax Information:

  • Annual Amount: $6,013
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Bloomington, IN

City

Med. Sold Price

$294.7K

Med. Price/SqFt

$183

Avg. Days On Market

30

# of Sold Homes

99

2589 E Pedigo Bay Dr vs Bloomington

50 DAYS ON ROCKET

+20 Days

$1,299,000

+$1.0M More

$255/SqFt

+$71 More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $71/SqFt more than other homes in Bloomington, IN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #202435697

Listing Office:

  • Office Name: Century 21 Scheetz - Bloomington
  • Office Phone: (812) 320-1670
  • Listing Agent: Vatche Khachatrian

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: 11/5/2024, 5:20:51 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$6,013$697,100
2019$9,382$692,700
2017$10,469$749,500

History based on county public records data.

Payment Calculator

$6,664

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,961

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

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-2153506
7
/10

  • Lakeview Elementary School

  • 9090 S Strain Ridge Rd

  • 2.40 miles

  • Public District Grades PK-6

school-card-donut-2153507
3
/10

  • Needmore Elementary School

  • 278 Trogdon Ln

  • 5.97 miles

  • Public District Grades KG-5

school-card-donut-2153508
3
/10

  • Heltonville Elementary School

  • 580 Diamond Rd

  • 7.51 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $90,179. The most common annual income of people living in Bloomington, IN is between $35k-100k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Bloomington, IN

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Bloomington, IN?

The housing landscape in Bloomington is diverse, with single-family homes being a significant component, complemented by a selection of apartments and townhouses. The architectural styles vary, with a mix of modern, traditional, and craftsman influences. A substantial portion of the housing stock was developed in the latter part of the 20th century, reflecting a period of growth and expansion.

Is Bloomington, IN a good place to live?

Bloomington is celebrated for its vibrant cultural scene and the presence of Indiana University, which infuses the city with a youthful energy. The community prides itself on a blend of academic, artistic, and musical events throughout the year, contributing to the city's dynamic and inclusive atmosphere.

Are things conveniently located in Bloomington, IN?

Residents of Bloomington benefit from a robust educational system, including a number of public and private schools that cater to various educational needs. The city is home to multiple healthcare facilities offering a range of services from primary care to specialized treatments. Retail and dining options are plentiful, showcasing local flavors and contributing to the city's charm. Efforts are continuously made to adapt services to the evolving needs of the population.

What does the transportation in Bloomington, IN look like?

Bloomington's transport infrastructure supports both private and public transit options, with a network of roads and highways facilitating travel in and around the city. Public transportation is available, with schedules designed to accommodate commuters and students. The city is also attentive to walkability and bikeability, particularly in areas with higher pedestrian traffic. Ride-sharing services are operational, providing additional mobility solutions for residents and visitors.

Frequently Asked Questions About 2589 E Pedigo Bay Dr

What is the listing price of this property?

The listing price of 2589 E Pedigo Bay Dr property is $1,299,000.

What type of property is this?

The property 2589 E Pedigo Bay Dr is a house located in Bloomington, Indiana, 47401.

Is this property for sale now?

Active Listing: 2589 E Pedigo Bay 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 $6,013 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2589 E Pedigo Bay Dr has 5 bedrooms and 4 full and 2 half bathrooms.

Which year was this property built?

The year of construction for 2589 E Pedigo Bay Dr is 2016.

Rocket Homes›Indiana›Lawrence County›Bloomington›47401›2589 E Pedigo Bay Dr

This home is located at 2589 E Pedigo Bay Dr in Bloomington, IN and zip code 47401. This home was built in 2016. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since September 16, 2024 and is currently priced at $1,299,000.

While more than 13 listings in Bloomington, IN in October 2024 were sold above asking price, there were more than 21 listings sold at asking price, and more than 62 were sold below. The number of homes for sale in Bloomington, IN increased by 3.1% between September 2024 and October 2024. While the average time on the market in October 2024 was 30 days, the median list price was $294,750.

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

More Resources