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.
Active under contract
$1,125,000
500 N Walnut St APT 403, Bloomington, IN 47404
3beds
2,319sqft
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
- 25 days
- 568
- 19
Zillow last checked:
Listing updated:
Listed by:
Shane Gibson office:317-442-3561,
Sweet Maple Realty
Source: IRMLS,MLS#: 202641504
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
| Date | Event | Price |
|---|---|---|
| 10/7/2026 | Listed for sale | $1,125,000+87.8% |
Source: | ||
| 10/27/2021 | Listed for sale | $599,000 |
Source: | ||
| 10/23/2021 | Contingent | $599,000 |
Source: | ||
| 10/15/2021 | Listed for sale | $599,000+36.1% |
Source: | ||
| 1/29/2013 | Sold | $440,000-2.2%$190/sqft |
Source: Agent Provided Report a problem | ||
| 9/11/2012 | Listed for sale | $450,000$194/sqft |
Source: REMAX Realty Professionals #20124197 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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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Neighborhood: Old Northeast Downtown
Nearby schools
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.







