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Off market
  • Tax assessed value
    $172,300

    304 E Southern Dr, Bloomington, IN 47401

    47beds
    24,643sqft
    Other
    Built in 2007
    -- sqft lot
    $-- Zestimate®
    $7/sqft
    $1,134 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,134/mo

    Zestimate® history
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    $1,092/mo

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    What's special

    This is an amazing investment opportunity with 11 buildings totaling 15 units. There are a total of 47 bedrooms, 50 full baths and 4 half baths. This package has 100% occupancy. All units were built between 2007 and 2015 and are in great condition. Located just blocks south of Indiana University and on the bus line, the location is awesome. Within two blocks of these units are restaurants and shops. A newly constructed pedestrian/biking trail is adjacent to this property which leads to Bloomington's newest park, Switchyard Park. This park is being built on 65 acres and features an 11,000 sq. ft. pavilion for rental, banquet and festival space, an amphitheater, community gardens, athletic courts and fitness stations, skate park, dog park and so much more. Switchyard Park is scheduled to open in May of 2020. This is a fast growing area of Bloomington and now is the time to invest.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 47
    • Bathrooms: 54
    • Full bathrooms: 50
    • 1/2 bathrooms: 4
    • Main level bathrooms: 47
    Heating
    • Other, Electric
    Cooling
    • Central
    Features
    • Laminate Counters
    • Flooring: Carpet, Linoleum / Vinyl
    • Basement: None
    Interior area
    • Total interior livable area: 24,643 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 54
    Features
    • Exterior features: Vinyl
    Lot
    • Size: 1.47 Acres
    • Topography: Level
    Details
    • Parcel number: 530809201050000009

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Detached
    • Property subtype: Other
    Materials
    • Frame
    • Foundation: Crawl/Raised
    • Roof: Asphalt
    Condition
    • Year built: 2007

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City

    Community & HOA

    Location
    • Region: Bloomington

    Financial & listing details

    • Price per square foot: $7/sqft
    • Tax assessed value: $172,300
    • Annual tax amount: $3,533
    • Lease term: 12 Months
    • Tenant pays: Electricity, Sewer, Water, Heating, Cooling

    Price history

    DateEventPrice
    5/4/2019Listing removed$2,700,000$110/sqft
    Source: RE/MAX Acclaimed Properties #201854138 Report a problem
    12/17/2018Listed for sale$2,700,000$110/sqft
    Source: RE/MAX Acclaimed Properties #201854138 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,533 -3.3%$172,300 -0.2%
    2024$3,655 +13.2%$172,600 -0.1%
    2023$3,227 +3.8%$172,700 +8.3%
    2022$3,109 -0.6%$159,400 +6.3%
    2021$3,127 -1.9%$150,000 -0.9%
    2020$3,188 -0.9%$151,300 -0.2%
    2019$3,218 -0.2%$151,600 -0.7%
    2018$3,225 +8578.7%$152,700
    2017$37 $152,700 +4.9%
    2016$37 -0.9%$145,600 +7988.9%
    2014$37 +0.3%$1,800
    2013$37 +15.6%$1,800 -93.8%
    2012$32 -94.2%$28,900
    2011$560 -0.4%$28,900
    2010$563 +4.7%$28,900
    2009$537 +3.6%$28,900
    2007$519 $28,900
    Find assessor info on the county website

    Neighborhood: 47401

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Templeton
    • Middle: Jackson Creek
    • High: Bloomington South
    • District: Monroe County Community School Corp.

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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