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Off market
    • Tax assessed value
    $435,100

    412 E 2nd St, Bloomington, IN 47401

    4beds
    1,515sqft
    MultiFamily
    Built in 1899
    -- sqft lot
    $-- Zestimate®
    $287/sqft
    $3,378 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $3,378/mo

    Zestimate® history
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    $2,626/mo

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    $2,626/mo

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    What's special

    Location, location, location! This renovated 4 unit investment property located in the historic Vinegar Hill District adjacent to downtown Bloomington is only a few blocks from the Sample Gates, Law School , School of Optometry , and the Jacobs School of Music at Indiana University! This is a fantastic location for tenants to access both IU and downtown Bloomington. Currently leased year to year this property is also an excellent short term rental option if an owner wanted to increase revenue by using some or all of the units for AirBnb or VRBO. There are two 1bedroom units and two efficiency units. The units were remodeled w/AirBnb use in mind-they all can connect to another unit for great rental flexibility. Ample parking for residents and guests. Great location, revenue, and they are super easy to lease-what more could an investor want!

    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: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Forced air, Gas
    Cooling
    • Wall
    Appliances
    • Included: Dishwasher, Garbage disposal, Range / Oven, Refrigerator
    Features
    • Flooring: Laminate
    • Basement: None
    Interior area
    • Total interior livable area: 1,515 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 6
    Features
    • Entry location: Unit 1 Level(Main),Unit 2 Level(Main),Unit 3 Level(Main),Unit 4 Level(Main)
    • Patio & porch: Porch
    • Exterior features: Vinyl
    Lot
    • Size: 6,969 sqft
    • Features: 0 to 2.9999 Acres, On College Campus
    Details
    • Parcel number: 530804220004000009

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Foundation: Crawl/Raised
    • Roof: Asphalt
    Condition
    • Year built: 1899

    Utilities & green energy

    • Electric: Duke Energy Indiana
    • Gas: Vectren Energy
    • Sewer: City
    • Water: City, Bloomington City Utility

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Location
    • Region: Bloomington

    HOA & financial

    Other financial information
    • Total actual rent: 39600

    Other

    Other facts
    • Appliances: Dishwasher, Range/Oven, Refrigerator, Disposal, Electric Water Heater
    • Roof: Shingle
    • HeatingYN: true
    • Flooring: Laminate
    • CoolingYN: true
    • Heating: Natural Gas
    • RoomsTotal: 11
    • NumberOfUnitsTotal: 4
    • OwnerPays: Sewer, Trash Collection, Grounds Care, Insurance, Water, Taxes, Snow Removal, Electricity, Maintenance, Cooling, Heating
    • ConstructionMaterials: Aluminum Siding
    • LeaseTerm: Month To Month, Unit 1 Rent Frequency(Monthly), Unit 2 Rent Frequency(Monthly), Unit 3 Rent Frequency(Monthly), Unit 4 Rent Frequency(Monthly)
    • PetsAllowed: Yes
    • FarmLandAreaUnits: Square Feet
    • TrashExpense: 0
    • WaterSewerExpense: 480
    • NumberOfUnitsLeased: 4
    • RoadFrontageType: City Street
    • MaintenanceExpense: 1649
    • OpenParkingYN: true
    • PatioAndPorchFeatures: Porch
    • CommunityFeatures: Sidewalks
    • TenantPays: Other, Unit 1 Electric, Unit 2 Electric, Unit 3 Electric, Unit 4 Electric, Unit 1 Gas, Unit 2 Gas, Unit 3 Gas, Unit 4 Gas
    • SecurityFeatures: Smoke Detector(s)
    • Cooling: Wall Unit(s)
    • ParkingFeatures: Gravel, Gravel Driveway
    • Basement: Cellar, Block, Exterior Entry
    • BelowGradeFinishedArea: 0
    • RoadSurfaceType: Asphalt
    • GrossIncome: 3300
    • TotalActualRent: 39600
    • NumberOfSeparateElectricMeters: 1
    • NumberOfSeparateGasMeters: 1
    • WaterSource: City, Bloomington City Utility
    • NumberOfSeparateWaterMeters: 1
    • OtherExpense: 0
    • Sewer: City
    • MlsStatus: Active
    • EntryLocation: Unit 1 Level(Main),Unit 2 Level(Main),Unit 3 Level(Main),Unit 4 Level(Main)
    • Gas: Vectren Energy
    • LotFeatures: 0 to 2.9999 Acres, On College Campus
    • Electric: Duke Energy Indiana
    • TaxAnnualAmount: 3825
    • ListPriceLow: 434000
    • ElectricExpense: 1574
    • FuelExpense: 540
    • InsuranceExpense: 1023
    • NetOperatingIncome: 30509
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    6/30/2022Listing removed--
    Source: RE/MAX International Report a problem
    5/31/2022Pending sale$449,900$297/sqft
    Source: RE/MAX International #202220389 Report a problem
    5/31/2022Contingent$449,900
    Source: IRMLS #202220389 Report a problem
    5/26/2022Listed for sale$449,900+3.7%
    Source: IRMLS #202220389 Report a problem
    1/12/2021Listing removed$434,000$286/sqft
    Source: IRMLS #202042627 Report a problem
    11/12/2020Price change$434,000-1.1%$286/sqft
    Source: Eagle Pointe Realty Corp #202042627 Report a problem
    10/21/2020Price change$439,000+9.8%$290/sqft
    Source: Eagle Pointe Realty Corp #202042627 Report a problem
    6/29/2020Price change$399,900-3.1%$264/sqft
    Source: The JuanSells.com Realty Co #202012052 Report a problem
    4/24/2020Price change$412,500-2.9%$272/sqft
    Source: The JuanSells.com Realty Co #202012052 Report a problem
    4/4/2020Listed for sale$425,000+102.4%$281/sqft
    Source: The JuanSells.com Realty Co #202012052 Report a problem
    7/25/2016Listing removed$210,000$139/sqft
    Source: RE/MAX ACCLAIMED PROPERTIES (BLOOMINGTON) #201618454 Report a problem
    5/30/2016Price change$210,000-10.6%$139/sqft
    Source: RE/MAX ACCLAIMED PROPERTIES (BLOOMINGTON) #201618454 Report a problem
    4/28/2016Listed for sale$235,000$155/sqft
    Source: RE/MAX Acclaimed Properties #201618454 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,907 +50.7%$435,100
    2024$5,912 +2.1%$435,100 +55.7%
    2023$5,793 +41.1%$279,400 -2.3%
    2022$4,104 +0.3%$286,100 +44.5%
    2021$4,092 +8.5%$198,000
    2020$3,772 -1.4%$198,000 +10.4%
    2019$3,825 -0.3%$179,400 -1.2%
    2018$3,835 +1.5%$181,500 -0.1%
    2017$3,777 $181,600 -0.7%
    2016$3,777 -0.6%$182,900 +0.2%
    2014$3,800 +0.3%$182,500 -0.1%
    2013$3,790 +3.3%$182,600 +0.5%
    2012$3,670 +12.1%$181,700 +7.6%
    2011$3,275 -0.4%$168,900
    2010$3,289 +4.7%$168,900
    2009$3,141 +8.1%$168,900 +4.4%
    2007$2,904 $161,800

    Find assessor info on the county website

    Neighborhood: Elm Heights

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    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: 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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