Great Investment Opportunity! 6 acres of land zoned residential less than 3 miles from downtown Bloomington and Indiana University. There are 2 parcels with 7 structures currently on the property: 3 single family homes (2 of which are currently leased), 2 detached garages (1 with an efficiency apartment upstairs), a metal shop building (currently leased) and a shed. Zoning: RS3.5 -PRO 6 Overlay The PRO 6 overlay allows the following uses: detached single family homes, two family dwellings, townhouses, and apartments.
Closed
$800,000
1609-1629&1701 W Allen St, Bloomington, IN 47403
7beds
4,173sqft
Multi Family
Built in 1950
-- sqft lot
$827,300 Zestimate®
$--/sqft
$1,294 Estimated rent
Home value
$827,300
$736,000 - $927,000
$1,294/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Heather Groves cell:812-606-4239,
Sterling Real Estate
Bought with:
BLOOM NonMember
NonMember BL
Source: IRMLS,MLS#: 202323902
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Baseboard, Conventional, Fireplace(s)
Cooling
- Central Air, Window Unit(s), Multi Units
Features
- Ceiling Fan(s), Storage, Cathedral Ceiling(s), Laminate Counters, Kitchen Island
- Flooring: Carpet, Tile, Vinyl
- Basement: Crawl Space
- Has fireplace: Yes
Interior area
- Total structure area: 7,773
- Total interior livable area: 4,173 sqft
- Finished area above ground: 4,173
- Finished area below ground: 0
Property
Parking
- Total spaces: 20
- Parking features: Detached, Off Street, Paved, Private, Off Street Parking, Asphalt, Gravel
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Stories: 2
- Fencing: None
Lot
- Size: 6 Acres
- Dimensions: 326' x 874' approximately
- Features: Level, 6-9.999, Near Walking Trail
Details
- Additional structures: Pole/Post Building
- Additional parcels included: 5308-05-300-007.000-008
- Parcel number: 530805300020.000008
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Metal Siding, Vinyl Siding, Wood Siding
- Roof: Dimensional Shingles
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Electric: Duke Energy Indiana
- Gas: CenterPoint Energy
- Sewer: City, Septic Tank
- Water: City, Bloomington City Utility
- Utilities for property: Cable Available
Community & HOA
Community
- Subdivision: None
Location
- Region: Bloomington
Financial & listing details
- Annual tax amount: $6,695
- Date on market: 10/25/2023
- Listing terms: Cash,Conventional
- Inclusions: Building, Land, Lease
- Lease term: 12 Months,Renewal Option
- Total actual rent: 41940
- Tenant pays: Cable TV, Cooling, Electricity, Fuel, Heating, Sewer, Trash Collection, Deposit Value
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 10/24/2023 | Sold | $800,000-5.9% |
Source:  IRMLS #202323902 Report a problem | ||
| 7/10/2023 | Listed for sale | $850,000 |
Source: IRMLS #202323902 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 47403
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Nearby schools
GreatSchools rating
- 6/10Templeton Elementary SchoolGrades: PK-6Distance: 1.5 mi
- 9/10Jackson Creek Middle SchoolGrades: 7-8Distance: 3.1 mi
- 10/10Bloomington High School SouthGrades: 9-12Distance: 1.6 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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$827,300
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$843,846
- Indiana
- Monroe County
- Bloomington
- 47403
- 1609-1629&1701 W Allen St
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