Extremely multifunctional property 5 minutes from downtown Bloomington! Recently used by owner as an Airbnb on the upper level and a cleaning service on the lower level this ranch over a basement on over an acre of ground has many angles of use. The current structure has multiple business uses as the ME zoning allows for commercial and multifamily on the site. There's an amazing amount of parking that can accommodate another structure being built that has commercial and multifamily use as part of the allowed zoning. The current Airbnb use generated approx. $15k last yr being used to approx. a third of the capacity in terms of dates available (owner only used as much as they could clean and restock on a regular basis themselves.) Don’t miss the possibilities this ranch over a basement accommodates in terms of revenue generation. In addition to the commercial aspects this would also allow you to live in house and lease the lower level. So many possibilities!!!
Closed
$247,000
2525 W Fountain Dr, Bloomington, IN 47404
2beds
800sqft
Single Family Residence
Built in 1959
1.05 Acres Lot
$269,400 Zestimate®
$--/sqft
$1,540 Estimated rent
Home value
$269,400
$256,000 - $283,000
$1,540/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Andy Walker Cell:812-325-1290,
RE/MAX Acclaimed Properties
Bought with:
Wanqing (Megan) Dohman, RB15001456
Century 21 Scheetz - Bloomington
Source: IRMLS,MLS#: 202417431
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bedrooms: 2
Bedroom 1
- Level: Main
Bedroom 2
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Microwave, Refrigerator, Electric Range, Electric Water Heater
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Eat-in Kitchen, Tub/Shower Combination
- Flooring: Hardwood, Ceramic Tile
- Basement: Walk-Out Access,Block
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,600
- Total interior livable area: 800 sqft
- Finished area above ground: 800
- Finished area below ground: 0
Property
Parking
- Parking features: Asphalt
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Porch
- Fencing: None
Lot
- Size: 1.05 Acres
- Features: Few Trees, Sloped, 0-2.9999, City/Town/Suburb
Details
- Additional structures: Shed
- Parcel number: 530531100016.000005
- Zoning: ME
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch,Walkout Ranch
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1959
Utilities & green energy
- Electric: Duke Energy Indiana
- Sewer: Septic Tank
- Water: City, Bloomington City Utility
Community & HOA
Community
- Features: None
- Subdivision: None
Location
- Region: Bloomington
Financial & listing details
- Tax assessed value: $145,600
- Annual tax amount: $3,426
- Date on market: 5/16/2024
- Listing terms: Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 9/18/2024 | Sold | $247,000-1.2% |
Source:  IRMLS #202417431 Report a problem | ||
| 8/12/2024 | Price change | $249,900-5.7% |
Source: IRMLS #202417431 Report a problem | ||
| 7/12/2024 | Price change | $264,900-5.4% |
Source: IRMLS #202417431 Report a problem | ||
| 6/13/2024 | Price change | $279,900-6.7% |
Source: IRMLS #202417431 Report a problem | ||
| 5/16/2024 | Listed for sale | $299,900 |
Source: IRMLS #202417431 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,328 -2.9% | $145,600 -10.2% |
| 2024 | $3,426 +8.6% | $162,200 +0.4% |
| 2023 | $3,155 +3.5% | $161,500 +3.9% |
| 2022 | $3,048 -2.1% | $155,500 +6% |
| 2021 | $3,112 -2.5% | $146,700 -2.7% |
| 2020 | $3,190 -0.5% | $150,800 |
| 2019 | $3,207 +0.6% | $150,800 |
| 2018 | $3,188 +3.3% | $150,800 +0.5% |
| 2017 | $3,085 | $150,100 +1.3% |
| 2016 | $3,085 -0.4% | $148,200 -0.2% |
| 2014 | $3,097 +0.8% | $148,500 +0.3% |
| 2013 | $3,073 +3.3% | $148,000 +0.5% |
| 2012 | $2,975 +0.8% | $147,300 -2.8% |
| 2010 | $2,952 +4.8% | $151,600 |
| 2009 | $2,817 | $151,600 |
Find assessor info on the county website
Neighborhood: 47404
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Nearby schools
GreatSchools rating
- 5/10Fairview Elementary SchoolGrades: PK-6Distance: 1.2 mi
- 7/10Tri-North Middle SchoolGrades: 7-8Distance: 0.7 mi
- 9/10Bloomington High School NorthGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Fairview
- Middle: Tri-North
- High: Bloomington North
- 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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- Indiana
- Monroe County
- Bloomington
- 47404
- 2525 W Fountain Dr
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