1305 Park, Bloomington, IN 47401 - Myers Trust

1305 Park, Bloomington, IN 47401

Overview

MLS ID: #202433118
Price: $ 345,500
Sq Ft: 1,828
Finished Sq Ft: 1,828
Lot Size: 0.19 Acres
Year Built: 1985
Bedrooms: 3
Full Bathrooms: 2
Half Bathrooms:
Taxes: $ 797
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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.

MLS ID: 202433118

Details

# of Units 1
Price Per Unit 345,500
Above Grade Finished SF 1,828
Above Grade Unfinished SF 2
Combined Finished SF 1,828
Below Grade Finished SF 0
Below Grade Unfinished SF 0
Total Below Grade SF 0
Total Sq Ft 1,828
Lot Dimensions irregular
Approx Lot Size SqFt 8,276
Approx Lot Size Acres 0.190
Garage SF 0
Water Front No
Style Two Story
New Construction No
Elementary School Templeton
Middle School Jackson Creek
Senior Bloomington South
District Monroe County Community School C
# Bedrooms 3
# of Full Baths 2
# of Half Baths 0
# Above Grade Bedrooms 7
Rec Room 1 x 1
Bedroom 2 3 x
Bedroom 4 1 x 1
Bedroom 5 1 x 1
Loft 1 x 1
Extra Room 1 x 1
Laundry Room 4 x
Annual Gross Rent Income $21,600.00
Annual Sewer Expense $0.00
Annual Fuel Expense $0.00
Annual Electric Expense $0.00
Annual Trash Expense $0.00
Annual Property Tax $5,597.00

Map

Listing Office: Century 21 Scheetz - Bloomington

Listing Agent: Rebekah Sims

Disclaimer:

Property information is provided by the Indiana Regional MLS. The IDX information is provided exclusively for consumers' 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 data is deemed reliable but is not guaranteed accurate by the IRMLS. Featured Properties may have updated information provided by Myers Trust.