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$255,000 (Sold)

401 N Clark Street Bloomington, IN 47408

  • 3 Beds
  • 2 Baths
  • 1,440 sq. Ft
Property Description
This home is currently a student rental and zoned R3 under the upcoming Unified Development Ordinance this home will be located in an area designated as Residential Multifamily. The Home sits on a big corner lot, it has 1440sq foot of living space with 3 Bedrooms, 2 full baths, an office area, living room, dining and kitchen. The roof is new, the furnace is 5 years old and there is a new gas stove. There is ample off street parking for multiple vehicles. There is an enormous amount of potential to reconfigure the current living areas to accommodate multiple bedrooms, the home also has a large unfinished attic area that could be converted into living space. Within one block of the IU campus, the home is a very short distance to many University Locations and Activities. The property is ideal for a parent looking for a return on their investment by purchase a home for their student instead of throwing rent money down the drain. The home does not have to be a rental and could be used as a family residence with an in-law suite or, income producing partial rental. For an Investors looking for a new opportunity, the possibilities are limitless. Parking in the front of the home must be leased from the City of Bloomington.
Address:401 N Clark Street Bloomington IN 47408
Status:Sold
Sold On: 5/7/2021
Price:$300,000
Bedrooms:3 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,440
Year Built:1957
Lot Size:0.01
County: Monroe County
Township: Bloomington
School System : Monroe County Community
MLS #:202106807
Property Type:Site-Built Home

Lot Dimensions:irregular
Lot Description:Corner
Directions:From State Hwy 46 turn on East Eastgate Lane follow to N Hillsdale Drive and go left follow to E 8th and go right to home on corner of Clark and 8th there is ample parking in the back of the home on the alley.
Total Sq. Ft. :1,440
Basement:No
Loan Price
$1,907
Price And Interest $1,330/month
Property Tax $471/month
MTG INS $0/month
HOME INS $106/month
Price
$255,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$471/month
Home Owner Insurance
$1,272 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS
Tucker Customer Care
Tucker Mortgage
Office +317-472-9201
Courtesy of Tucker Mortgage
RoomSizeLevel
Master Bedroom 12 x 12 Main
2nd Bedroom 9 x 10 Main
3rd Bedroom 11 x 10 Main
Kitchen 7 x 10 Main
Dining Room 24 x 10 Main
Living Room 12 x 14 Main
Annual Property Tax:$2,824
Tax Year:2020
Subdivision: None
Zip Code:47408
High School:Bloomington North
Middle School:Tri-North
Elementary School:University
Total Sq. Ft.:1,440
Exterior Features:Brick
Fuel:Gas
Fireplace(s):None
Cool:Central Air
Heat:Gas
Total Rooms:7
Brian Thompson, REALTOR®/Broker, F. C. Tucker Company, Inc.
Brian Thompson
Additional Phone (812) 336-7300
F.C. Tucker Company, Inc
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Listing provided courtesy of Owen County Home Company.

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, Inc. 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.