1305 S Park Avenue, Bloomington, IN 47401
Local realty services provided by:ERA First Advantage Realty, Inc.
Listed by:rebekah simsCell: 812-385-6302
Office:century 21 scheetz - bloomington
MLS#:202433117
Source:Indiana Regional MLS
Price summary
- Price:$275,000
- Price per sq. ft.:$150.44
About this home
The 2024 appraised value was $410k! Instant equity! This spacious and versatile property, located just 1 mile south of Indiana University, offers an ideal investment opportunity with immediate income potential. Currently rented, this home is perfectly situated for student, professional or generational living. Featuring a unique layout, the property provides the option for one tenant or owner to enjoy their own private upstairs floor, complete with a full kitchen, while two other tenants/owners can share the main floor, which includes a kitchenette. The convenience of having separate living spaces under one roof is further enhanced by the large outdoor living space. Laundry room located on the main level. New as of 2019: entire roof system (shingles, framing, trusses, gutters with leaf guards), drywall, insulation, 2nd floor windows, kitchen cabinetry, flooring, appliances, bathroom, etc. With its proximity to the university and flexible living arrangement, this property is a rare find that promises both comfort and profitability.
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Home facts
- Year built:1985
- Listing ID #:202433117
- Added:398 day(s) ago
- Updated:September 24, 2025 at 03:03 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,828 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Shingle
- Year built:1985
- Building area:1,828 sq. ft.
- Lot area:0.19 Acres
Schools
- High school:Bloomington South
- Middle school:Jackson Creek
- Elementary school:Templeton
Utilities
- Water:City
- Sewer:City
Finances and disclosures
- Price:$275,000
- Price per sq. ft.:$150.44
- Tax amount:$5,597
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