Listing provided courtesy of Susan Slaven RealtySusan SlavenMLS# 202621779MLS ProviderContact Information: Cell: 812-325-5473
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Discover lakeside living at its finest with Hoosier Lake House! This sprawling ranch-style retreat situated on over five picturesque acres overlooking the sparkling waters of Lake Monroe. Blending timeless character with modern luxury, this home also offers excellent income-producing potential, boasting a proven record as a successful Airbnb and VRBO rental.The main level spans nearly 2,800 square feet and features four bedrooms and two full baths, all conveniently located on one level. Three bedrooms showcase rich hardwood flooring, while the kitchen, dining, and family rooms feature vaulted ceilings and expansive windows framing breathtaking panoramic lake views.The recently renovated kitchen is a chef's dream, complete with custom cabinetry, quartz countertops, matching stainless-steel appliances, and thoughtful design elements throughout. The adjoining dining and family rooms share a stunning wall of windows and the Kitchen/ Living Room share a double-faced gas fireplace, creating a warm and inviting atmosphere accented by bamboo flooring.Step outside to enjoy over 600 square feet of new decking, wrapping around the back and side of the home—perfect for entertaining or simply soaking in the serene natural surroundings. A separate 12x12 deck offers additional space with two picnic tables ideally positioned for lakeside gatherings.The walkout basement provides an additional 1,000 square feet of flexible living space, including a kitchenette, full bath, and multiple flex rooms ideal for guests, recreation, or storage. It also features a dedicated fitness room equipped for Bikram yoga, with heat capability up to 104°F. Recent updates include: New roof (2025) /several New windows and doors/ Upgraded mechanical room with two electrical panels/ Brand-new water heater (2025)/ Reverse osmosis filtration system/ Fiber-optic high-speed internet. The laundry room can easily be transitioned into a shared laundry/butler's pantry, offering extra convenience. Select furnishings are negotiable, and the property will be sold as-is with a one-year home warranty provided by the sellers.One of the property's most extraordinary features is its private boat slip—a 16x26-foot dock located within a well-maintained association. With bylaws in place and a modest $300 annual fee, slips of this caliber are an exceptionally rare find on Lake Monroe.Surrounded by mature trees, natural rock formations, and geode-rich soil, the land is truly a geologist's playground.

Source: Indiana Regional MLS, MLS#: 202621779

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  • Property Type
    Residential
  • Lot
    5.36 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 7716 S Patton Road


Schools

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School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/5/2026Source: MIBOR Added to Database
June 05, 2026
6/5/2026Source: Indiana Regional MLS Added to Database
June 05, 2026