Here is a post I found from the forum at www.indianainfo.net
My brother and I fished Monroe Lake down around the dam for about 3-4 hours thursday afternoon. I mostly went to to check out the boat and make sure it was running and everything worked.
Water was 42 degrees, very stained, and there was a steady breeze. The lake is up, and the dam road ramp was almost completely submerged (it's not too hard to launch form the road there, though). We saw a lot of loons working the open water, but we couldn't find fish. Fished cranks, spinners, and worms along the main points and around cover, and drifted nightcrawlers and shad as well. No luck. We then gave up and went down to the tailwaters and fished for about another hour until just before dark. The gate was open, the water was up over the stairs, and there were several people fishing down there. Nobody cuaght anything that I could see.
At least the sun was shining, and the boat is running, and I wasn't at work. Still searching for that first picture of '08 though.
-MAtt
Hope that helps!!