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    • $1,500,000

    509 N Washington St, Bloomington, IN 47408

    6beds
    2,627sqft
    : 
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    Single Family Residence
    Built in 1925
    8,712 Square Feet Lot
    $1,363,900 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Off-street parking
    509 N Washington is a fully leased 6 bed, 6 bath property located in one of Bloomington’s most desirable student rental areas, just steps from IU campus and Kirkwood Avenue. Currently generating $8,100/month from August 2025 to July 2026, rent increases to $8,910/month for the following lease term August 2026-July 2027. With off-street parking, a prime location, and high demand from large student groups, the property is already preleased two years in advance. This is a rare investment opportunity offering strong returns and long-term stability in the heart of IU student housing.
    340 days
    |
    177
    |
    2
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jeff Brawley Office:844-254-7368,

    Brawley Real Estate

    Source: IRMLS,MLS#: 202530690MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 6
      • Full bathrooms: 6
      • Main level bedrooms: 2
      Bedroom 1
      • Level: Main
      Bedroom 2
      • Level: Main
      Heating
      • Forced Air
      Cooling
      • Central Air
      Features
      • Basement: Crawl Space,Partial,Block
      • Has fireplace: No
      Interior area
      • Total structure area: 2,627
      • Total interior livable area: 2,627 sqft
      • Finished area above ground: 2,627
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Features
      • Levels: Two and Half Story
      • Stories: 2.5
      Lot
      • Size: 8,712 Square Feet
      • Dimensions: 62X143
      • Features: Level
      Details
      • Parcel number: 530533306044.000005

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Victorian
      • Property subtype: Single Family Residence
      Materials
      • Wood Siding
      Condition
      • New construction: No
      • Year built: 1925

      Utilities & green energy

      • Sewer: City
      • Water: City

      Community & HOA

      Community
      • Subdivision: Northeast Bloomington City
      Location
      • Region: Bloomington

      Financial & listing details

      • Tax assessed value: $632,000
      • Annual tax amount: $14,748
      • Date on market: 8/4/2025

        Estimated market value

        $1,363,900

        $1.30M - $1.43M

        $7,068/mo

        Price history

        DateEventPrice
        9/26/2025Listing removed$10,245$4/sqft
        Source: Zillow Rentals Report a problem
        8/4/2025Listed for sale$1,500,000+30.4%
        Source: IRMLS #202530690 Report a problem
        8/2/2025Listing removed$1,150,000
        Source: IRMLS #202530209 Report a problem
        8/1/2025Listed for sale$1,150,000
        Source: IRMLS #202530209 Report a problem
        7/17/2025Price change$10,245+4.5%$4/sqft
        Source: Zillow Rentals Report a problem
        5/6/2025Price change$9,800+1.8%$4/sqft
        Source: Zillow Rentals Report a problem
        9/18/2024Price change$9,625+8%$4/sqft
        Source: Zillow Rentals Report a problem
        6/4/2024Listed for rent$8,910-1%$3/sqft
        Source: Zillow Rentals Report a problem
        2/7/2024Listing removed--
        Source: Zillow Rentals Report a problem
        2/6/2024Price change$9,000+4.5%$3/sqft
        Source: Zillow Rentals Report a problem
        11/15/2023Listed for rent$8,610+6.3%$3/sqft
        Source: Zillow Rentals Report a problem
        9/16/2023Listing removed--
        Source: Zillow Rentals Report a problem
        9/6/2023Price change$8,100+3.8%$3/sqft
        Source: Zillow Rentals Report a problem
        7/25/2023Price change$7,800+34.5%$3/sqft
        Source: Zillow Rentals Report a problem
        6/5/2023Listed for rent$5,800+625%$2/sqft
        Source: Zillow Rentals Report a problem
        9/24/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        8/19/2021Price change$800-83.3%
        Source: Zillow Rental Manager Report a problem
        7/30/2021Listed for rent$4,800$2/sqft
        Source: Zillow Rental Manager Report a problem
        2/27/2021Listing removed--
        Source: Owner Report a problem
        11/24/2020Listing removed$4,800$2/sqft
        Source: Owner Report a problem
        10/20/2020Listed for rent$4,800$2/sqft
        Source: Owner Report a problem
        1/18/2020Listing removed$4,800$2/sqft
        Source: Owner Report a problem
        12/28/2019Listed for rent$4,800+6.7%$2/sqft
        Source: Owner Report a problem
        4/21/2019Listing removed$4,500$2/sqft
        Source: Owner Report a problem
        4/8/2019Listed for rent$4,500$2/sqft
        Source: Owner Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$13,773 +2.7%$671,300
        2024$13,408 +13.7%$671,300 +6.2%
        2023$11,795 +99.4%$632,000 +8.7%
        2022$5,916 -1.2%$581,300 +104.1%
        2021$5,990 -1%$284,800 -1.9%
        2020$6,054 +0.6%$290,300 +0.8%
        2019$6,017 +0.6%$287,900 +0.8%
        2018$5,983 +9.4%$285,500 +0.8%
        2017$5,467 $283,300 +6.3%
        2016$5,467 -0.3%$266,500 +1.4%
        2014$5,481 +100.8%$262,800 +2.5%
        2013$2,730 +2.5%$256,400 +0.4%
        2012$2,663 +11%$255,500 +5.3%
        2011$2,399 +0.4%$242,600 0%
        2010$2,390 +9.2%$242,700
        2009$2,190 -44%$242,700 +11.4%
        2007$3,912 $217,800
        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.
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        Climate risks

        Neighborhood: Old Northeast Downtown

        Getting around

        87 / 100
        Very Walkable
        37 / 100
        Some Transit
        64 / 100
        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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