Full Moon Farm Mobile Home Park presents an outstanding, turnkey investment opportunity that combines strong in-place cash flow with compelling upside potential. This state-approved, well-established park currently generates over $140,000 in annual revenue from 10 mobile homes, 3 efficiency apartments, and on-site storage units, all supported by a solid rental history and well-maintained units. All roofs across the property have been replaced within the past year, significantly reducing near-term capital expenditures, and multiple interior updates have already been completed to further enhance tenant appeal and long-term durability. A key value-add advantage is the presence of existing sewer connections, allowing for additional units and future income growth without major infrastructure investment. Ideally positioned just minutes from Highway 37 and Westside’s thriving shopping and dining corridor, the property benefits from consistent tenant demand and market stability. With attractive current returns, minimal deferred maintenance, and clear expansion potential, Full Moon Farm Mobile Home Park represents a rare opportunity to acquire a high-performing asset with immediate income and scalable long-term upside. Seller financing may also be available, upon request, for up to 25% of the purchase price, offering additional flexibility and enhanced returns for qualified buyers.
Active
$897,000
6000 W State Road 45, Bloomington, IN 47403
33beds
--sqft
Multi Family
Built in 1970
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 232 days
- 283
- 16
Zillow last checked:
Listing updated:
Listed by:
Larry Carpenter III office:812-559-0458,
Carpenter Realty LLC
Source: IRMLS,MLS#: 202601983
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 33
- Bathrooms: 13
- Full bathrooms: 13
Heating
- Electric
Cooling
- Central Air, Window Unit(s)
Features
- Flooring: Vinyl
- Basement: Crawl Space
Interior area
- Total structure area: 0
- Finished area above ground: 0
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 13
- Parking features: Off Street Parking
Features
- Levels: One
- Stories: 1
Lot
- Size: 6.32 Acres
- Features: Irregular Lot
Details
- Additional structures: None
- Parcel number: 530915400022.000015
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1970
Utilities & green energy
- Sewer: City
- Water: City
Community & HOA
Community
- Subdivision: None
Location
- Region: Bloomington
Financial & listing details
- Tax assessed value: $653,300
- Annual tax amount: $9,826
- Date on market: 1/19/2026
- Inclusions: Building
- Lease term: Month To Month
- Total actual rent: 146400
- Tenant pays: Electricity
Estimated market value
Not available
Estimated sales range
Not available
$1,399/mo
Price history
| Date | Event | Price |
|---|---|---|
| 1/19/2026 | Listed for sale | $897,000-25.3% |
Source: | ||
| 6/3/2025 | Listing removed | $1,200,000 |
Source: | ||
| 11/2/2024 | Listed for sale | $1,200,000+41.2% |
Source: | ||
| 2/17/2018 | Sold | $850,000 |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,378 +2.7% | $653,300 +2.3% |
| 2024 | $9,134 +6.2% | $638,800 +7.3% |
| 2023 | $8,600 +1.6% | $595,200 +2.5% |
| 2022 | $8,466 -6.2% | $580,600 +2.9% |
| 2021 | $9,027 +124.3% | $564,200 -1.3% |
| 2020 | $4,024 -37.7% | $571,700 +108.4% |
| 2019 | $6,457 +48.4% | $274,300 +0.1% |
| 2018 | $4,350 +9.6% | $274,100 +0.3% |
| 2017 | $3,969 | $273,200 -0.1% |
| 2016 | $3,969 -0.9% | $273,400 +1% |
| 2014 | $4,005 -0.4% | $270,800 +0.3% |
| 2013 | $4,022 +6.4% | $270,000 +0.1% |
| 2012 | $3,782 +13.3% | $269,700 +9.5% |
| 2011 | $3,339 -23.5% | $246,400 -27.3% |
| 2009 | $4,362 | $338,700 |
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.Climate risks
Neighborhood: 47403
Nearby schools
Schools provided by the listing agent
- Elementary: Highland Park
- Middle: Batchelor
- 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.
