USLakeFront Lake survey & intelligence

$265,000

1239 Anchor Bay Rd, Bloomington, IN 47640

Sample listing
4
Bedrooms
1
Bathrooms
3,600
Square feet
220 ft
Shoreline
$1,205
Per shoreline ft

Classic A-frame with new seawall on Lake Monroe. Roughly 220 feet of owned shoreline on 3.5 acres, with 4 bedrooms across 3,600 square feet. Crib dock with lift. Water clarity on Lake Monroe averages around 6 feet and the lake is classified managed for water level. Dock and shoreline work fall under USACE Louisville District. This is a sample listing used to demonstrate the platform.

Features

Boat liftNew seawallGuest quartersWood stove

Property facts

Property typeHouse Year built1984 Lot size3.50 acres DockCrib dock with lift Water depth at dock11 ft ExposureSouth-facing ViewPanoramic Annual taxes$2,738 HOA$0/mo Short-term rentalPermitted Listed2026-08-05
$2,901
All-in monthly
$62,610
Cash to close
$13,925
Costs beyond the obvious

Up front

Down payment$53,000
Closing costs (est. 2.4%)$6,360
Septic inspection & pump$850
Water quality testing$400
Waterfront home inspection$800
Survey (shoreline frontage)$1,200
Total$62,610

Every year

Principal & interest$16,755
Property taxes$2,738
Hazard insurance$1,400
Flood insurance$2,400
Utilities$4,860
Maintenance reserve (1.1%)$2,915
Septic service$520
Well & water testing$260
Dock maintenance$900
Winterization / seasonal close$750
Shoreline / seawall reserve$1,320
Total$34,818
Adjust these assumptions →
$1,205
This home / shoreline ft
$4,252
Lake average
$74
Per square foot
Well below the lake average — this property prices at $1,205 per shoreline foot against a lake average near $4,252, a difference of -72%. Shoreline frontage is the metric that drives waterfront value, and it is almost never published.
Open the analyzer →
Modeled from the lake's estimated nightly rate and occupancy. Confirm local short-term rental rules before you rely on this.
Booked nights / year121 Gross revenue$47,124 Lodging tax−$5,184 Management−$8,388 Cleaning & supplies−$12,538 Net operating income$21,014 Against annual carry$-13,804
Model your own →
5.4
Lake score
C
Water grade
5 ft
Drawdown
Level stabilityManaged Typical clarity6 ft Dock authorityUSACE Louisville District
Full Lake Monroe report →
Comparable

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