Skip main navigation
Active
    • Price cut: $10K (5/7)
    $689,900

    402 E 1st St, Bloomington, IN 47401

    5beds
    2,455sqft
    : 
    Loading
    Get pre-qualified
    Multi Family
    Built in 1920
    -- sqft lot
    $656,700 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Here's your chance to own a 1920's 5 bedroom, 3 bath investment property in the heart of Bloomington's Bryan Park/Elm Heights neighborhood. This classic craftsman home has the iconic front porch, leading you into a wide open living space with original windows, woodwork, and floors. Updated kitchen and full bathroom along with addition of laundry room in the last 2 years. Currently rented at $4750/month for 25-26 school year and $5,000/month for 26-27. Elusive 5 person HAND permit on file as well good until 5-28-28. This would be a great property to begin or add to your portfolio given its proximity to campus, the B-line Trail and downtown. Off street parking on the side of the house and a big, beautiful back yard make this one a must see.
    16 days
    |
    286
    |
    4
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Tim Ballard alignedpg@gmail.com,

    Cornerstone Realtors

    Source: IRMLS,MLS#: 202624790MLS Logo

    Loading...

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Natural Gas, Forced Air
      Cooling
      • Central Air
      Features
      • Ceiling Fan(s)
      • Flooring: Wood
      • Basement: Full,Unfinished,Stone
      Interior area
      • Total structure area: 3,631
      • Total interior livable area: 2,455 sqft
      • Finished area above ground: 2,455
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 5
      • Parking features: Off Street, Off Street Parking
      Features
      • Levels: One and One Half
      • Stories: 2
      Lot
      • Size: 8,712 Square Feet
      • Dimensions: 55X150
      • Features: Level
      Details
      • Additional structures: None
      • Parcel number: 530804113059.000009

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Craftsman
      • Property subtype: Multi Family
      Materials
      • Wood Siding
      • Foundation: Basement
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1920

      Utilities & green energy

      • Sewer: City
      • Water: City

      Community & HOA

      Community
      • Subdivision: Bryan Park
      Location
      • Region: Bloomington

      Financial & listing details

      • Tax assessed value: $423,000
      • Annual tax amount: $8,659
      • Date on market: 6/23/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Inclusions: Building, Lease
      • Lease term: 12 Months
      • Total actual rent: 57000
      • Tenant pays: Cable TV, Cooling, Electricity, Fuel, Heating, Sewer, Trash Collection, Water

        Estimated market value

        $656,700

        $624,000 - $690,000

        $4,007/mo

        Price history

        DateEventPrice
        5/7/2026Price change$689,900-1.4%
        Source: IRMLS #202547902 Report a problem
        4/27/2026Price change$699,900-6%
        Source: IRMLS #202547902 Report a problem
        2/10/2026Price change$744,900-3%
        Source: IRMLS #202547902 Report a problem
        12/3/2025Listed for sale$768,000+56.7%
        Source: IRMLS #202547902 Report a problem
        11/15/2023Sold$490,000-2%
        Source: IRMLS #202333334 Report a problem
        9/18/2023Pending sale$499,900
        Source: IRMLS #202333334 Report a problem
        9/13/2023Listed for sale$499,900
        Source: IRMLS #202333334 Report a problem
        8/25/2023Listing removed--
        Source: Zillow Rentals Report a problem
        8/23/2023Price change$2,750-6.8%$1/sqft
        Source: Zillow Rentals Report a problem
        8/16/2023Price change$2,950-1.7%$1/sqft
        Source: Zillow Rentals Report a problem
        7/27/2023Price change$3,000-7.7%$1/sqft
        Source: Zillow Rentals Report a problem
        7/17/2023Price change$3,250-7.1%$1/sqft
        Source: Zillow Rentals Report a problem
        6/20/2023Listed for rent$3,500+20.7%$1/sqft
        Source: Zillow Rentals Report a problem
        10/25/2020Listing removed$2,900$1/sqft
        Source: Bloomington Rentals and Realty #202042790 Report a problem
        10/22/2020Listed for rent$2,900$1/sqft
        Source: Bloomington Rentals and Realty #202042790 Report a problem
        10/13/2019Listing removed$2,900$1/sqft
        Source: Zillow Rental Manager Report a problem
        9/30/2019Price change$2,900-1.7%$1/sqft
        Source: Zillow Rental Manager Report a problem
        9/12/2019Listed for rent$2,950+1.7%$1/sqft
        Source: Bloomington Rentals and Realty Inc and NH Properties LLC Report a problem
        10/23/2018Listing removed$2,900$1/sqft
        Source: Bloomington Rentals Inc /NH Properties LLC and Griffin Realty Holding Report a problem
        9/20/2018Listed for rent$2,900$1/sqft
        Source: Bloomington Rentals Inc /NH Properties LLC and Griffin Realty Holding Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,660 -2.3%$423,000
        2024$8,864 +16.8%$423,000 +1%
        2023$7,591 +16.7%$418,900 +11.7%
        2022$6,507 +3.7%$374,900 +19.4%
        2021$6,275 +4.1%$313,900 +3.4%
        2020$6,029 +6.8%$303,600 +5.9%
        2019$5,647 +7.1%$286,700 +7%
        2018$5,272 +4.6%$267,900 +7.3%
        2017$5,040 $249,600 +1.3%
        2016$5,040 +1.2%$246,400 +3%
        2014$4,980 +4.9%$239,200 +4.5%
        2013$4,749 +3.3%$228,800 +0.5%
        2012$4,599 +4.1%$227,700 -0.1%
        2011$4,419 -0.4%$227,900
        2010$4,438 +13.9%$227,900 +8.7%
        2009$3,898 +3.1%$209,600 -0.5%
        2007$3,782 $210,700

        Find assessor info on the county website

        Monthly payment

        Est. payment

        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.
        Get pre-qualified

        Climate risks

        Neighborhood: Bryan Park

        Getting around

        81 / 100
        Very Walkable
        36 / 100
        Some Transit
        76 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Rogers/Binford
        • 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.

        Skip to the end of the carouselSkip to the beginning of the carousel

        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.

        Browse local experts

        Similar homes

        Skip to the end of the carouselSkip to the beginning of the carousel

              Nearby cities

              Nearby neighborhoods

              Nearby zip codes

              Other Bloomington Topics

                Search
                Updates
                Favorites
                Home Loans
                Inbox