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Active under contract
  • $1,125,000

    500 N Walnut St APT 403, Bloomington, IN 47404

    3beds
    2,319sqft
    : 
    $7,901/mo
    Get pre-qualified
    Condominium
    Built in 2002
    -- sqft lot
    $1,068,800 Zestimate®
    $--/sqft
    $873/mo HOA

    What's special

    Premier fourth-floor residenceExceptional storageTwo private balconiesUpdated kitchen countertopsNew trane hvac
    Rarely does a condominium like this become available in downtown Bloomington. Located in the highly desirable Lockerbie community, this premier fourth-floor residence offers 2,319 square feet with 3 bedrooms, 2.5 baths, two private balconies, four parking spaces, and exceptional storage—all within walking distance of downtown and Indiana University. More than $170,000 has been invested in improvements since 2022, including a remodeled primary bath with heated floor, updated kitchen countertops, lighting, sink and disposal, new Trane HVAC, flooring, tile, carpet, appliances, and a new office with French doors and built-in bookcases. Two balconies provide outdoor living from different exposures. The east-facing balcony looks toward the Indiana University campus and away from the street, offering treetop views and beautiful morning sunrises. Large patio doors bring abundant natural light into the living space and reinforce the connection between indoors and out. The amenities further distinguish this residence. Unit 403 is the only condominium in Lockerbie with four parking spaces, providing the ability to have four building-access key fobs and four garage door openers, and it includes the largest storage unit in the parking garage. Residents also have shared access to a fitness center. The secure building and dedicated parking provide an easy lock-and-leave lifestyle in the heart of Bloomington. Step outside and much of Bloomington is within walking distance—downtown restaurants and entertainment, Kirkwood Avenue, the Indiana University campus, and IU athletic facilities. Whether used as a full-time residence or a Bloomington retreat, the combination of space, security, parking, storage, outdoor living, and walkability is difficult to duplicate. HOA services include high-speed internet, water, sewer, and trash pickup, adding convenience to the low-maintenance condominium lifestyle. Lockerbie residences do not often become available, and opportunities offering this particular combination of size, improvements, amenities, and location are especially rare in downtown Bloomington.
    24 days
    565
    18

    Zillow last checked:

    Listing updated:

    Listed by:

    Shane Gibson office:317-442-3561,

    Sweet Maple Realty

    Source: IRMLS,MLS#: 202641504MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      • Main level bedrooms: 3
      Bedroom 1
      • Level: Main
      Bedroom 2
      • Level: Main
      Dining room
      • Level: Main
      • Area: 228
      • Dimensions: 19 x 12
      Kitchen
      • Level: Main
      • Area: 204
      • Dimensions: 17 x 12
      Living room
      • Level: Main
      • Area: 396
      • Dimensions: 22 x 18
      Heating
      • Natural Gas, Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Microwave, Refrigerator, Washer, Gas Cooktop, Dryer-Gas, Exhaust Fan, Oven-Built-In, Electric Water Heater
      • Laundry: Main Level
      Features
      • 1st Bdrm En Suite, Breakfast Bar, Bookcases, Ceiling-9+, Stone Counters, Elevator, Entrance Foyer, Open Floorplan, Split Br Floor Plan, Main Level Bedroom Suite
      • Flooring: Carpet, Tile, Vinyl, Stone
      • Basement: Daylight
      • Number of fireplaces: 1
      • Fireplace features: Living Room
      Interior area
      • Total structure area: 2,319
      • Total interior livable area: 2,319 sqft
      • Finished area above ground: 2,319
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      • Parking features: Attached, Garage Door Opener, Concrete
      • Attached garage spaces: 4
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Balcony
      Lot
      • Features: 0-2.9999, City/Town/Suburb, Near College Campus
      Details
      • Additional structures: Outbuilding
      • Parcel number: 530533306009.000005
      • Other equipment: Intercom

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Other
      • Property subtype: Condominium
      Materials
      • Brick
      Condition
      • New construction: No
      • Year built: 2002

      Utilities & green energy

      • Sewer: City
      • Water: City

      Community & HOA

      Community
      • Features: Fitness Center, Security, Sidewalks, Gated
      • Security: Security System, Fire Sprinkler System, Closed Circuit Camera(s)
      • Subdivision: Lockerbie Court
      HOA
      • Has HOA: Yes
      • HOA fee: $873 monthly
      Location
      • Region: Bloomington

      Financial & listing details

      • Tax assessed value: $583,400
      • Annual tax amount: $6,223
      • Date on market: 10/7/2026

        Estimated market value

        $1,068,800

        $1.02M - $1.12M

        $2,648/mo

        Price history

        DateEventPrice
        10/7/2026Listed for sale$1,125,000+87.8%
        Source: IRMLS #202641504 Report a problem
        10/27/2021Listed for sale$599,000
        Source: IRMLS #202143614 Report a problem
        10/23/2021Contingent$599,000
        Source: IRMLS #202143614 Report a problem
        10/15/2021Listed for sale$599,000+36.1%
        Source: IRMLS #202143614 Report a problem
        1/29/2013Sold$440,000-2.2%$190/sqft
        Source: Agent Provided Report a problem
        9/11/2012Listed for sale$450,000$194/sqft
        Source: REMAX Realty Professionals #20124197 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,135 +9.4%$583,400 -6.1%
        2024$6,522 +17.7%$621,000 +8%
        2023$5,542 +31.8%$575,000 +15%
        2022$4,206 -49%$500,000 +25%
        2021$8,254 -1.9%$400,000
        2020$8,411 +2.3%$400,000
        2019$8,219 -52.8%$400,000 +2.6%
        2018$17,415 +116%$390,000
        2017$8,064 $390,000
        2016$8,064 +0.4%$390,000 +1.3%
        2014$8,030 +0.5%$385,000
        2013$7,993 +16.1%$385,000 +6.9%
        2012$6,886 -1.6%$360,000 -5.3%
        2011$7,002 -6%$380,000 -10.6%
        2010$7,448 -1%$425,000 -5.6%
        2009$7,526 $450,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Old Northeast Downtown

        Getting around

        89 / 100
        Very Walkable
        37 / 100
        Some Transit
        73 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: University
        • 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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