Welcome to Hilltop Village, a charming 40-unit apartment complex nestled on 2.66 acres in an attractive location! This exceptional property comprises nine separate ranch-style buildings, providing 39 one-bedroom units, all remodeled within the past two years, offering modern comforts and style. The remaining unit has two separate entrances and serves as an office on one side, while the other side has been transformed into a common area laundry facility for the tenant's convenience. The office has the potential to be easily converted into an efficiency unit, further expanding the income-generating possibilities for the new owner. In an area with high rental demand, this complex offers a serene and convenient housing option that has proven itself when it comes to attracting renters. Seven of nine roofs have been replaced, breaker boxes upgraded along with telecom wiring, all units have been renovated similarly in finishes and all are similar in layout (open concept)/size.
Pending
$3,995,000
1201 W Allen St, Bloomington, IN 47403
40beds
23,310sqft
Multi Family
Built in 1985
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Common area laundry facilityRanch-style buildingsModern comforts and styleRenovated similarly in finishes
- 456 days |
- 28 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Audra Cannon Cell:765-431-9111,
CRM Properties, Inc
Source: IRMLS,MLS#: 202511570
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 40
- Bathrooms: 40
- Full bathrooms: 40
Heating
- Electric, Baseboard, Wall Furnace
Cooling
- Wall Unit(s)
Appliances
- Included: Electric Water Heater
Features
- Open Floorplan
- Flooring: Vinyl
- Has basement: No
Interior area
- Total structure area: 23,310
- Total interior livable area: 23,310 sqft
- Finished area above ground: 23,310
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 40
Features
- Stories: 1
- Patio & porch: Patio
Lot
- Size: 2.66 Acres
- Dimensions: 460x260
- Features: 0-2.9999, Landscaped
Details
- Additional structures: None
- Parcel number: 530805300004.000009
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stone
- Foundation: Slab
Condition
- New construction: No
- Year built: 1985
Utilities & green energy
- Sewer: City
- Water: City
- Utilities for property: Cable Available
Community & HOA
Community
- Subdivision: None
Location
- Region: Bloomington
Financial & listing details
- Annual tax amount: $40,922
- Date on market: 4/6/2025
- Listing terms: Cash,Conventional
- Inclusions: Building, Land, Lease
- Lease term: 12 Months
- Total actual rent: 390168
- Tenant pays: Electricity
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/27/2025 | Pending sale | $3,995,000 |
Source:  IRMLS #202511570 Report a problem | ||
| 4/6/2025 | Listed for sale | $3,995,000-7.1% |
Source: IRMLS #202511570 Report a problem | ||
| 2/29/2024 | Listing removed | $4,300,000 |
Source: IRMLS #202332690 Report a problem | ||
| 11/3/2023 | Price change | $4,300,000-2.3% |
Source: IRMLS #202332690 Report a problem | ||
| 9/8/2023 | Listed for sale | $4,400,000+76% |
Source: IRMLS #202332690 Report a problem | ||
| 1/8/2021 | Listing removed | -- |
Source:  IRMLS Report a problem | ||
| 10/5/2020 | Listed for sale | $2,500,000$107/sqft |
Source: Bloomington Property Services #201922472 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 47403
Nearby schools
GreatSchools rating
- 6/10Templeton Elementary SchoolGrades: PK-6Distance: 1.2 mi
- 9/10Jackson Creek Middle SchoolGrades: 7-8Distance: 2.9 mi
- 10/10Bloomington High School SouthGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Templeton
- Middle: Jackson Creek
- High: Bloomington South
- District: Monroe County Community School Corp.
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Indiana
- Monroe County
- Bloomington
- 47403
- 1201 W Allen St
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