×
  • Left arrow.Go Back

  • Share

  • Add Note

  • Email to Friend

  • Ask a Question

  • Print

  • Heart Icon.Save

$434,000 $5,000on 11/12/2020

412 E 2nd Street Bloomington, IN 47401

  • 4 Beds
  • 4 Baths
  • 1,515 sq. Ft
Property Description
Welcome to the perfect home to accommodate your needs as an investment property. Located in the Vinegar Hill Historic District only a few blocks from the legendary Sample Gates, Jacobs School of Music, Maurer School of Law, and the School of Optometry at Indiana University. A wonderful location for renters to easily access campus and downtown shops. The home has been partitioned into 4 individual units complete with hardwood floors, stainless steel appliances, and updated kitchens / bathrooms. This home is great for students, university employees and anyone in the need of a home near the bustling streets of downtown Bloomington. Options are limitless for the use of this property. Prior to the onset of the pandemic, the property was used for short term rentals on AirBnb and VRBO. AirBnb and VRBO are great options for parents, grandparents, alumni, and freshmen traveling across the country for campus tours. Renting as an AirBnb / VRBO could mean double or triple the rent price. Since Covid19 the home has been leased on longer terms with each of the 4 units paying $100 monthly for utilities in addition to rent. The parking around the back of the property makes it simple for renters to get in and out of the home at ease. This home was designed for minimal maintenance if any necessary. The monthly gross rent is $3,700, with 2019’s rental income totaling $72,000 (see documents). Units 2, 3, and 4 will be sold fully furnished. The perfect investment property for a beginner, or to add to an existing portfolio.
Address:412 E 2nd Street Bloomington IN 47401
Status:Active
on site: 43 days
Price:$434,000
Bedrooms:4 Beds
Bathrooms:4 Full Baths
Sq. Feet:1,515
Year Built:1899
Lot Size:0.17
County: Monroe County
Township: Perry
School System : Monroe County Community
MLS #:202042627
Property Type:Fourplex

Lot Dimensions:.17
Directions:West on 4th st. turn right on Dunn. Turn right on 2 nd
Total Sq. Ft. :1,515
Basement:No
Loan Price
$2,616
Price And Interest $2,264/month
Property Tax $171/month
MTG INS $0/month
HOME INS $181/month
Price
$434,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$171/month
Home Owner Insurance
$2,172 / 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
DateOld PriceNew PricePercent Change
11/12/20 $439,000 $434,000 -1.14%
RoomSizeLevel
4th Bedroom 1 x 1 Info Not Available
5th Bedroom 4 x 4 Info Not Available
Family Room 800 x 800 Info Not Available
Annual Property Tax:$1,023
Tax Year:2019
Subdivision: Southeast Bloomington City
Zip Code:47401
High School:Bloomington South
Middle School:Jackson Creek
Elementary School:Rogers/Binford
Total Sq. Ft.:1,515
Brian Thompson, REALTOR®/Broker, F. C. Tucker Company, Inc.
Brian Thompson
Additional Phone (812) 336-7300
Active
412 E 2ndStreetE Bloomington, IN 47401

729 Hunter Avenue

Nearby Similar Homes Bathroom Icon4 Beds
Nearby Similar Homes Bedroom Icon2 Baths
Nearby Similar Homes Square Feet Icon1,548 sq. Ft

$3,200

Pending
412 E 2ndStreetE Bloomington, IN 47401

322 4Th Street

Nearby Similar Homes Bathroom Icon1 Beds
Nearby Similar Homes Bedroom Icon1 Baths
Nearby Similar Homes Square Feet Icon610 sq. Ft

$775

Active
412 E 2ndStreetE Bloomington, IN 47401

501 Cottage Grove Avenue

Nearby Similar Homes Bedroom Icon1 Baths
Nearby Similar Homes Square Feet Icon300 sq. Ft

$555

Active
412 E 2ndStreetE Bloomington, IN 47401

729 Hunter Avenue

Nearby Similar Homes Bathroom Icon4 Beds
Nearby Similar Homes Bedroom Icon2 Baths
Nearby Similar Homes Square Feet Icon1,548 sq. Ft

$3,200

Pending
412 E 2ndStreetE Bloomington, IN 47401

322 4Th Street

Nearby Similar Homes Bathroom Icon1 Beds
Nearby Similar Homes Bedroom Icon1 Baths
Nearby Similar Homes Square Feet Icon610 sq. Ft

$775

Active
412 E 2ndStreetE Bloomington, IN 47401

501 Cottage Grove Avenue

Nearby Similar Homes Bedroom Icon1 Baths
Nearby Similar Homes Square Feet Icon300 sq. Ft

$555

Active
412 E 2ndStreetE Bloomington, IN 47401

4220 Bethel Lane

Nearby Similar Homes Bathroom Icon4 Beds
Nearby Similar Homes Bedroom Icon4 Baths
Nearby Similar Homes Square Feet Icon2,400 sq. Ft

$50,000

Get more information

Listing provided courtesy of Eagle Pointe Realty Corp.

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.