Discover a unique investment opportunity in the heart of Bloomington, just steps away from Indiana University campus, Switchyard Park, and vibrant downtown. This exceptional property offers two homes for the price of one: a charming three-bedroom, one-bath main residence and a 260 sq. ft. tiny home, currently rented and generating immediate income. The main house boasts beautifully refinished hardwood floors, elegant arched doorways, and classic trim that showcase its unique character. Behind it, the cozy one-bedroom, one-bath tiny home (requiring 24-hour notice for viewings) provides additional rental potential. Whether you're looking to offset your mortgage, create a guest house, or maximize your real estate portfolio, this versatile property delivers value in a prime location. Don't miss this rare chance to invest in one of Bloomington's most desirable areas – schedule your viewing today and experience the potential of this distinctive property firsthand.
Closed
$288,000
1316 S Walnut St, Bloomington, IN 47401
4beds
1,360sqft
Single Family Residence
Built in 1925
1,742.4 Square Feet Lot
$270,500 Zestimate®
$--/sqft
$2,035 Estimated rent
Home value
$270,500
$238,000 - $303,000
$2,035/mo
Zestimate® history
Owner options
List your home for rent
$2,035/mo
Rent Zestimate®
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$2,035/mo
Rent Zestimate®
Refinance and save
$1,721/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,721/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Angie Lamb angie@angielamb.com,
Keller Williams - Indy Metro South LLC
Bought with:
Lisa Patrick, RB17001237
Brawley Real Estate
Source: IRMLS,MLS#: 202424804
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 4
Bedroom 1
- Level: Main
Bedroom 2
- Level: Main
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Refrigerator, Washer, Dryer-Gas, Humidifier, Gas Oven, Gas Range, Gas Water Heater
Features
- Windows: Blinds
- Basement: Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,452
- Total interior livable area: 1,360 sqft
- Finished area above ground: 1,360
- Finished area below ground: 0
Property
Features
- Levels: One
- Stories: 1
Lot
- Size: 1,742 sqft
- Dimensions: 45x42
- Features: Other
Details
- Additional parcels included: 5308-04-311-021.000-009
- Parcel number: 530153245000.000009
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Aluminum Siding, Brick
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: City
- Water: City
Community & neighborhood
Location
- Region: Bloomington
- Subdivision: None
Price history
| Date | Event | Price |
|---|---|---|
| 10/15/2024 | Sold | $288,000-2.4% |
Source:  IRMLS #202424804 Report a problem | ||
| 8/7/2024 | Price change | $295,000-1.7% |
Source: IRMLS #202424804 Report a problem | ||
| 7/5/2024 | Listed for sale | $300,000 |
Source: IRMLS #202424804 Report a problem | ||
| 6/28/2024 | Listing removed | -- |
Source:  MIBOR as distributed by MLS GRID #21986452 Report a problem | ||
| 6/21/2024 | Listed for sale | $300,000+58%$221/sqft |
Source: MIBOR as distributed by MLS GRID #21986452 Report a problem | ||
| 5/6/2020 | Listing removed | $189,900$140/sqft |
Source: Seasons of Indiana Real Estate LLC #202011552 Report a problem | ||
| 3/31/2020 | Listing removed | $1,099$1/sqft |
Source: Sarge Property Management, Inc. Report a problem | ||
| 3/31/2020 | Listed for sale | $189,900+65.1%$140/sqft |
Source: Seasons of Indiana Real Estate LLC #202011552 Report a problem | ||
| 12/10/2019 | Price change | $1,099-8.4%$1/sqft |
Source: Sarge Property Management, Inc. Report a problem | ||
| 11/4/2019 | Price change | $1,200-7.7%$1/sqft |
Source: Sarge Property Management, Inc. Report a problem | ||
| 10/22/2019 | Listed for rent | $1,300$1/sqft |
Source: Sarge Property Management, Inc. Report a problem | ||
| 3/15/2018 | Sold | $115,000$85/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,359 +18.4% | $146,600 -6.7% |
| 2024 | $1,148 +16.4% | $157,100 +11.4% |
| 2023 | $986 +17.1% | $141,000 +11.1% |
| 2022 | $842 -9.1% | $126,900 +11.2% |
| 2021 | $926 -58.5% | $114,100 -5.8% |
| 2020 | $2,229 +2.7% | $121,100 +14.2% |
| 2019 | $2,171 +1.3% | $106,000 +2.9% |
| 2018 | $2,144 +2.2% | $103,000 +1.5% |
| 2017 | $2,097 | $101,500 +1.8% |
| 2016 | $2,097 +0.5% | $99,700 -0.5% |
| 2014 | $2,086 +1.3% | $100,200 +1% |
| 2013 | $2,059 -2.7% | $99,200 -5.3% |
| 2012 | $2,117 +30.6% | $104,800 +25.4% |
| 2011 | $1,621 -0.4% | $83,600 |
| 2010 | $1,628 +4.7% | $83,600 |
| 2009 | $1,555 | $83,600 |
Find assessor info on the county website
Neighborhood: 47401
Nearby schools
GreatSchools rating
- 6/10Templeton Elementary SchoolGrades: PK-6Distance: 0.5 mi
- 9/10Jackson Creek Middle SchoolGrades: 7-8Distance: 2.3 mi
- 10/10Bloomington High School SouthGrades: 9-12Distance: 0.7 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.
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Estimated market value
$270,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$270,500
- Indiana
- Monroe County
- Bloomington
- 47401
- 1316 S Walnut St
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