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$1,995,000 $55,000on 9/26/2024

419 N Walnut Street Bloomington, IN  47404

EXPLORE TUCKER LUXURY

Property Description for 419 N Walnut Street Bloomington, IN 47404

**SELLER FINANCING AVAILABLE** This Property is located just a few blocks from the Bloomington Courthouse Square and is walking distance to the campus of Indiana University. Prime downtown location that last sold in 1986. With over 8000 square feet, this Building has always played a prominent role in the evolution of Bloomington’s vibrant Downtown District and was recently the home of a brewing company. The building went through a total renovation in 2017 that included: a new rubber roof, new exterior including doors and windows, replacement of all HVAC units and duct work, new bathrooms along with a private office with full bath and multiple storage areas. All electrical, plumbing and fire suppression systems were also replaced. Additional improvements include a full kitchen, several walk-in coolers, and an overhead garage door. Even has a laundry room. Lots of natural daylight flows throughout. Wall to wall radius steel truss roof structure with minimal interior columns offers a wide expanse of remodel configurations and possibilities. In years past as a music nightclub, legendary artists including John Mellencamp, Stevie Ray Vaughan, and Bo Diddley along with national and local acts performed at this venue. Additionally, it has always enjoyed being a hub for all IU basketball and other televised sporting events along with being a favorite location for private bookings and social events. The possibilities are endless for this property. This property could be a Recreation/Community Center, Fitness Center, Retail. Lots of space to make your entrepreneurial dreams come true! Lease Available at $8950/month NNN

Address:419 N Walnut Street Bloomington IN 47404
Status:Active
on site: 309 days
Price:$1,995,000
Bathrooms:0
Year Built:1980
Lot Size:0.20
County: Monroe County
Township: Bloomington
MLS #:202403850
Property Type:Restaurant/Bar

Lot Dimensions:Irregular
Directions:Take North Walnut Street from Downtown. Property is located on Westside of the Street.
Basement:No

Loan Price
$12,546
Price And Interest $10,407/month
Property Tax $1,308/month
MTG INS $0/month
HOME INS $831/month
Price
$1,995,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$1,308/month
Home Owner Insurance
$9,972 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
09/26/24 $2,050,000 $1,995,000 -2.68%
08/30/24 $2,150,000 $2,050,000 -4.65%
08/19/24 $2,100,000 $2,150,000 2.38%
07/24/24 $2,188,000 $2,100,000 -4.02%
07/01/24 $2,249,000 $2,188,000 -2.71%
05/17/24 $2,300,000 $2,249,000 -2.22%
04/24/24 $2,400,000 $2,300,000 -4.17%
03/22/24 $2,495,000 $2,400,000 -3.81%

RoomSizeLevel
3rd Bedroom 2 x 8273 Info Not Available
Den 1 x 8273 Info Not Available

Semi-Annual Property Tax:$7,849
Tax Year:2024
Mandatory HOA Fee:$

Subdivision: None
Zip Code:47404

EXPLORE TUCKER LUXURY
Chris Cockerham, REALTOR®/Broker, F. C. Tucker Company
Chris Cockerham
Phone (812) 330-7525
Additional Phone (812) 336-7300
F.C. Tucker Company

Listing provided courtesy of Chris Cockerham with FC Tucker/Bloomington REALTORS

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 856 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.