**AUCTION – LIST PRICE IS THE OPENING BID PRICE. Established IU campus-area investment property at 409 S Swain Ave, conveniently located just off Atwater Avenue. This one-story property offers approximately 2,478 finished SF, including approximately 1,113 SF of finished basement space. County records identify 8 bedrooms, 4 full baths, two kitchen sinks and two water heaters. The property is classified by the county as Other Commercial Housing. Situated on approximately 0.18 acres, additional features include central heat and A/C, a 525 SF concrete patio and approximately 2,500 SF of asphalt paving providing valuable off-street parking. Located near Indiana University, the Jacobs School of Music, IU facilities, dining, entertainment and downtown Bloomington. One of seven edge-of-campus investment properties being offered as part of a generational real estate portfolio auction. Online bidding opens August 27. Live/Simulcast Auction September 3 at 1 PM ET at the Bloomington Convention Center. Buyers should independently verify zoning, permitted uses and all property information. IMPORTANT PROPERTY VIEWING & INSPECTION INFORMATION Due to the properties being currently occupied by multiple tenants, all properties included in this auction will be available for viewing and inspection on ONE DAY ONLY: Friday, August 14 | 9:00 AM – 5:00 PM During this designated inspection event, all auction properties will be open and available for prospective buyers, real estate agents, inspectors, contractors, and other professionals to walk through and evaluate. No private or individual showings will be available before or after August 14. Real estate agents will not be able to schedule separate showing appointments for their clients. Buyers are strongly encouraged to attend on August 14 and complete any desired inspections or due diligence during this time. Buyers may bring their real estate agent, inspector, contractor, or other advisors with them. Please plan accordingly, as August 14 will be the only opportunity. ZONING: Residential multifamily (RM)
Active
Est. $300,000
409 S Swain Ave, Bloomington, IN 47401
10beds
2,478sqft
Single Family Residence
Built in 1948
7,840 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Two kitchen sinks
- 45 days
- 305
- 14
Zillow last checked:
Listing updated:
Listed by:
Cody Coffey Offc:812-822-3200,
United Country Coffey Realty & Auction
Source: IRMLS,MLS#: 202629115
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 5
Bedroom 1
- Level: Main
Bedroom 2
- Level: Main
Dining room
- Level: Main
- Area: 72
- Dimensions: 8 x 9
Kitchen
- Level: Main
- Area: 100
- Dimensions: 10 x 10
Heating
- Natural Gas
Cooling
- Central Air
Features
- Basement: Full,Block
- Has fireplace: No
Interior area
- Total structure area: 2,478
- Total interior livable area: 2,478 sqft
- Finished area above ground: 1,365
- Finished area below ground: 1,113
Video & virtual tour
Property
Features
- Levels: One
- Stories: 1
Lot
- Size: 7,840 Square Feet
- Features: 0-2.9999, City/Town/Suburb, Near College Campus
Details
- Parcel number: 530803204019.000009
- Zoning: RM
- Special conditions: Auction
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1948
Utilities & green energy
- Sewer: City
- Water: City
Community & HOA
Community
- Subdivision: None
Location
- Region: Bloomington
Financial & listing details
- Tax assessed value: $367,000
- Annual tax amount: $7,257
- Date on market: 7/20/2026
Estimated market value
Not available
Estimated sales range
Not available
$2,947/mo
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,513 -0.8% | $367,000 |
| 2024 | $7,571 +17.6% | $367,000 +2.6% |
| 2023 | $6,441 +15.7% | $357,800 +12.5% |
| 2022 | $5,568 +0.8% | $318,100 +18.4% |
| 2021 | $5,523 -2.3% | $268,600 +0.5% |
| 2020 | $5,654 +4.6% | $267,200 -0.6% |
| 2019 | $5,408 +5.5% | $268,900 +4.8% |
| 2018 | $5,126 +10.9% | $256,600 +5.7% |
| 2017 | $4,621 | $242,700 +6.8% |
| 2016 | $4,621 -0.5% | $227,200 +1.9% |
| 2014 | $4,643 -1.7% | $223,000 -2% |
| 2013 | $4,724 +3.1% | $227,600 +0.4% |
| 2012 | $4,580 +14.1% | $226,800 +9.5% |
| 2011 | $4,016 +1.7% | $207,100 +2.2% |
| 2010 | $3,947 +9.4% | $202,700 +4.5% |
| 2009 | $3,608 +9.3% | $194,000 +5.5% |
| 2007 | $3,299 | $183,800 |
Find assessor info on the county website
Climate risks
Neighborhood: Elm Heights
Nearby schools
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.
