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1941 E Waters Edge Dr #120, Bloomington, IN, 47401

2beds
2baths
900sqft
$230,000
$256price/sqft
$1,588/moest. monthly cost
$63,520/yrincome needed

About This Home

A rare find at Eagle pointe a ground level Waters Edge unit with fantastic views! Total electric, 2 bedroom and 2 full Bath. When you enter you will notice the notice the bright, open floor plan, new carpet, wood burning fireplace in living room. The Kitchen comes with a stainless appliance package, breakfast bar, and nice pantry. The best is the fantastic 10x30 screened in private balcony overlooking the water. Current owner spends most of her time in this area, enjoying the views, wildlife, and fresh air. Water's Edge is one of the few condo's that have access to the walking trails right behind the units, access to dock your kayaks, swimming, or a picnic at the gazebo in the cove. Waters Edge is located in a gated resort community with 18-hole golf course, pickleball, pool, tennis court, and on-site restaurant with scheduled live music. Great location to Bloomington, Bedford, & Crane. ONLY 1 STEP, DONT MISS OUT!

Getting Around

2
WalkingCar-Dependent
0
TransitNo Nearby Transit
1
BikeSomewhat Bikeable

Schools

8/10
9/10
10/10

Construction

Condition

  • Year built: 1987

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Wood Siding

Type & Style

  • Home type: Condo
  • Architectural style: Ranch
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Disposal,Range/Oven Hook Up Elec,Dishwasher,Microwave,Refrigerator,Washer,Dryer-Electric,Washer/Dryer Stacked,Electric Range
  • Laundry features: Electric Dryer Hookup,Main Level,Washer Hookup

Bedroom1

  • Level: Main

Bedroom2

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bedrooms: 2

Features

  • 1st Bdrm En Suite,Walk-In Closet(s),Laminate Counters,Open Floorplan,Stand Up Shower,Main Level Bedroom Suite
  • Door features: Six Panel Doors
  • Window features: Window Treatments,Blinds
  • Flooring: Carpet,Tile
  • Number of fireplaces: 1
  • Fireplace features: Living Room,Wood Burning
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 900

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 900
  • Total interior livable area: 900 sqft

Kitchen

  • Level: Main
  • Area: 99

Living Room

  • Level: Main
  • Area: 270

Property

Details

  • Parcel number: 530040299556.000006

Features

  • Levels: One
  • Stories: 1
  • Pool features: Association
  • Patio & porch: Screened
  • Exterior features: Balcony,Tennis Court(s)
  • On waterfront: Yes
  • Waterfront features: Walk to Lake Access,Canal Front,Ski Lake,Lake
  • Waterbody name: Lake Monroe
  • Frontage length: Channel/Canal Frontage(100),Water Frontage(100)

Lot

  • Features: Other,Lake,Rural Subdivision,Near Walking Trail

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters Across Indiana Counties

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,163$13,956
Home Insurance *$100$1,200
Property Taxes $141$1,692
Electricity $184$2,212
Total$1,588$19,056
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$54,445/yr
40% on housing$47,640/yr
45% on housing$42,346/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.8%
9.8%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 7.5%
7.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$256This listing

vs Other Active Listings

Avg $/sqft

ZIP 47401$172
Monroe County$167

vs Homes Sold Last Month

Median $/sqft

ZIP 47401$176
Monroe County$183

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-22Price change$230,000
2026-07-06Listed for sale$234,000

For Sale by Agent

AgentSusie Hendricks
BrokerageRE/MAX Acclaimed Properties

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