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$345,500 ↓$4,400on 10/17/2024

1305 S Park Avenue Bloomington, IN  47401

  • 3 Beds
  • 2 Baths
  • 1,828 sq. Ft

Property Description for 1305 S Park Avenue Bloomington, IN 47401

The 2024 appraised value came in at $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.

Address:1305 S Park Avenue Bloomington IN 47401
Status:Active
on site: 104 days
Price:$345,500
Bedrooms:3 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,828
Year Built:1985
Lot Size:0.19
County: Monroe County
Township: Perry
School System : Monroe County Community
MLS #:202433118
Property Type:Other

Lot Dimensions:irregular
Directions:S on Walnut, East on Hillside, Left at Park Ave. House will be on your right.
Total Sq. Ft. :1,828
Basement:No

Loan Price
$2,012
Price And Interest $1,802/month
Property Tax $66/month
MTG INS $0/month
HOME INS $144/month
Price
$345,500
Down Payment %
0 %
Down Payment
$0
Property Taxes
$66/month
Home Owner Insurance
$1,728 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
10/17/24 $349,900 $345,500 -1.26%

RoomSizeLevel
2nd Bedroom 3 x null Info Not Available
3rd Bedroom null x 1 Info Not Available
4th Bedroom 1 x 1 Info Not Available
5th Bedroom 1 x 1 Info Not Available

Semi-Annual Property Tax:$399
Tax Year:24 pay 25
Mandatory HOA Fee:$

City:Bloomington
Subdivision: Bryan Park
Zip Code:47401

School System:Monroe County Community
High School:Bloomington South
Middle School:Jackson Creek
Elementary School:Templeton

Total Sq. Ft.:1,828
Brian Thompson, REALTOR®/Broker, F. C. Tucker Company
Brian Thompson
Additional Phone (812) 336-7300
F.C. Tucker Company
VISIT MY PROFILE

Listing provided courtesy of Rebekah Sims with Century 21 Scheetz - Bloomington

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





Bloomington Market Report

224
Avg. DOM
$206.08
Avg. $ / Sq.Ft.
$ 339,900
Med. List Price

The house prices in Bloomington are indeed dropping at the moment. There has been a decrease in price of $73,395.13. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Bloomington are going Down. The average house price is $345,250.00 and the average price per square feet is $206.56 per square feet. At the moment, the amount of homes listed is exactly 1526 houses, with 560 with active status, 26 with pending status and 940 sold in Bloomington .

The most popular place to buy a home in Bloomington is 5307 - Monroe - Perry. 5307 - Monroe - Perry is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Bloomington .

The average amount of property taxes you would have to pay for a home in Bloomington is $3,442.72. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Bloomington are staying listed for an average of 67 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Bloomington was 92 minutes ago.

At the moment we have 1 open houses that you can visit.

The cost of the most expensive home in Bloomington is $3,999,999.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Bloomington is $1,100.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Bloomington in year 1875 and the newest built house is in year 2024.

The average size of properties in Bloomington is 2142.17 sq.ft. , the biggest one being 11303 sq.ft. and the smaller being 504 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.

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