Listing courtesy of Susan Slaven Realty · Cell: 812-325-5473

Virtual tour
ActiveSite-Built Home

8318 S Ashley Avenue

$834,900

$160.96 / sq ft

Est. $5,353/mo

Bloomington, IN 47401Bellevista

Original price $915,000 · Price reduced on October 6, 2026

  • On Lake Monroe
  • 5.7 acres
  • 4-car garage
  • Fireplace
  • Basement
  • Energy efficient
Bedrooms
7
Bathrooms
5.5
Living area
8,238 sq ft
Lot
5.7 ac
Year built
2000
Type
Site-Built Home
Listed
May 29, 2026
MLS #
202620611

About this home

Nestled on approximately 5.7 scenic acres with a stocked pond filled with bluegill, this spacious brick and concrete residence offers an incredible opportunity to create your dream estate just minutes from Lake Monroe and the Eagle Pointe Golf Resort. Surrounded by mature trees and natural beauty, the setting alone is truly a showstopper, featuring a picturesque concrete driveway, wooded privacy, and endless space for entertaining, recreation, and peaceful everyday living. Designed with flexibility and functionality in mind, the home offers three levels of living space, including a finished walk-out basement with 9-foot ceilings and its own full kitchen—ideal for multi-generational living, guest accommodations, entertaining, or potential income-producing opportunities. With a total of four bedrooms, plus three en-suite bedrooms, and 4.5 bathrooms, the floor plan provides exceptional space for family and guests alike. The main-level primary suite features two oversized walk-in closets along with a spacious bathroom complete with double sink vanities and a jacuzzi tub. Every bedroom throughout the home includes its own walk-in closet. tall ceilings, beautiful wood doors and baseboards, and three fireplaces—capable of both wood-burning and gas use—add warmth and character throughout the property. Additional features include: • Two full kitchens • Three laundry rooms with one located on each level • Oversized four-car garage • Electric fence system • Two furnace systems replaced in 2020 • Two water heaters replaced in 2020 • Roof replacement in 2020 with 30-year dimensional shingles and transferable warranty This is a fabulous home with outstanding bones, mechanical updates already completed, and endless potential for a new owner to implement cosmetic improvements and personal design touches. Whether you envision a private retreat, entertaining estate, multi-generational residence, or investment opportunity, this property offers a rare combination of space, setting, structure, and possibilities.

Monthly payment estimate

$5,353/mo

Principal & interest
$4,570
Property taxes
$539
Homeowners insurance
$244
Your loan

  • Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
  • Taxes: the seller's 2025 bill as reported to the MLS. Yours may differ once your own deductions apply.
  • Insurance: estimated at 0.35% of the price per year.
  • An estimate, not a loan offer. Your rate and payment depend on your credit, loan program and down payment.
Change taxes, insurance and more in the full calculator

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Property details

Interior

Levels
Three
Total rooms
28
Total area
8,238 sq ft
Finished area above grade
5,187 sq ft
Finished area below grade
3,051 sq ft
Main level
3,051 sq ft
Upper level
2,136 sq ft
Below grade total
3,051 sq ft
Bedrooms above grade
6
Bedrooms below grade
1
Full baths, main level
1
Full baths, upper level
3
Full baths, below grade
1
Half baths, main level
1
Basement
Slab, Full, Walk-Out Basement, Finished, Outside Entrance
Flooring
Hardwood, Carpet, Laminate, Tile
Heating
Propane, Conventional, Multiple Heating Systems, Propane Tank Rented
Cooling
Central Air, Multiple Cooling Units
HVAC
Energy Star A/C, High Efficiency Furnace, Zoned Air Condtioning, Zoned Heating
Fireplaces
3
Fireplace features
Fire Pit, Family Room, Living/Great Rm, 1st Bdrm, Gas Log, Wood Burning, Three +, Gas Starter, Vented
Appliances
Disposal
Laundry
Main Level
Interior features
1st Bdrm En Suite, Breakfast Bar, Built-in Features, High Ceilings, Ceiling-Tray, Ceiling Fan(s), Vaulted Ceiling(s), Chair Rail, Walk-In Closet(s), Crown Molding, Detector-Smoke, Eat-in Kitchen, Entrance Foyer, Jet/Garden Tub, Guest Quarters, Natural Woodwork, Open Floorplan, Six Panel Doors, Storm Doors, Double Vanity, Utility Sink, Kitchenette, RV Parking, Stand Up Shower, Tub and Separate Shower, Tub/Shower Combination, Main Level Bedroom Suite, Formal Dining Room, Garage-Heated, Great Room, Main Floor Laundry, Custom Cabinetry, Garage Utilities
Windows
Double Pane Windows
Doors
Storm Door(s)

Exterior & parking

Construction
Brick, Stone
Roof
Shingle
Foundation
Poured Concrete
Garage spaces
4
Attached garage
Yes
Garage type
Attached
Garage sq ft
1,081 sq ft
Parking
Garage Door Opener, Concrete
Private pool
No
Fencing
Invisible
New construction
No
Energy-efficient features
Appliances, HVAC, Roof, Thermostat, Water Heater, Windows

Waterfront & lake

Waterfront
No
Body of water
Lake Monroe
Water access
Frontage Lot
Water feature
Pond

Lot

Subdivision
Bellevista
Lot features
Landscaped, Corner Lot, Level, Part Wooded, Wooded
Lot size (acres)
5.7 ac
Lot dimensions
5.7000
Location type
Lake,Rural Subdivision
Inside city limits
No
County
Monroe County
Township
Clear Creek
Road frontage
County Road
Road surface
Asphalt
Platted
Yes
Planned unit development
No
Directions
HWY 37 South to the Harrodsburg Monroe Resv. exit continue on to Pointe Rd and left at Strain Ridge Rd. turn left onto S. Anne Ave. Turn right on to Ashley avenue and the home will be on your right.

Schools

Elementary school
Lakeview
Middle school
Jackson Creek
High school
Bloomington South
School district
Monroe County Community School Corp.

HOA & community

HOA fee
$0
Association restrictions
Yes

Taxes & terms

Annual taxes
$6,473
Tax year
2025
Tax exemptions
Homestead, Mortgage, Supplemental
Listing terms
Cash, Conventional, 2nd Mortgage, VA
Possession
negotiable
Parcel number
53-00-40-174-013.000-006

Included in the sale

Included in sale
Dishwasher,Microwave,Refrigerator,Washer,Window Treatments,Cooktop-Electric,Cooktop-Gas,Dryer-Electric,Ice Maker,Laundry-Stacked W/D,Oven-Electric,Range-Electric,Warming Drawer,Water Heater Electric,Water Heater Gas,Window Treatment-Blinds

Utilities

Water
Public
Sewer
Public Sewer
Utilities
Cable Available
Electric provider
Duke Energy Indiana
Water provider
Southern Monroe Water

Income & commercial

Gas meters
12

Rooms

RoomLevelDimensionsFeatures
Living RoomMain15 × 12 ft—
Dining RoomMain15 × 12 ft—
Family RoomMain30 × 30 ft—
KitchenMain18 × 20 ft—
Breakfast RoomMain11 × 10 ft—
DenLower23 × 35 ft—
Bedroom 1Main25 × 28 ft—
Bedroom 2Upper26 × 14 ft—
Bedroom 3Upper17 × 12 ft—
Bedroom 4Upper16 × 12 ft—
Bedroom 5Upper14 × 20 ft—
Recreation RoomLower35 × 20 ft—
LoftUpper30 × 20 ft—
Extra Room 1Upper14 × 15 ftBedroom
Other RoomMain14 × 18 ftPrimary bedroom attached
Other Room 2Lower15 × 23 ftBedroom 7
Other Room 3Lower13 × 15 ftkitchen
LaundryMain15 × 14 ft—

Location

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$834,900

7 beds · 5.5 baths