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$1,795,900

1111 N Walnut Street Bloomington, IN  47404

EXPLORE TUCKER LUXURY

Property Description for 1111 N Walnut Street Bloomington, IN 47404

Prime investment opportunity situated near the IU Stadium, positioned at the coveted intersection of North Walnut and 15th St. This exceptional property boasts a spacious 4/10ths-acre parcel of land adorned with a meticulously renovated building spanning over 8000 square feet. Currently under lease to the Bloomington Center for Growing Culturally, the lease is set to conclude on October 31st, 2025. Recent enhancements have significantly elevated the property's value, including the installation of four brand-new AC units, a partial roof replacement, and the successful conversion of drop ceiling lights to energy-efficient LED lighting. Moreover, an alternative investment property encompassing 4/10ths of an acre stands as an enticing prospect for those seeking diverse investment avenues.

Address:1111 N Walnut Street Bloomington IN 47404
Status:Active
on site: 454 days
Price:$1,795,900
Bathrooms:0
Year Built:1961
Lot Size:0.40
County: Monroe County
Township: Bloomington
MLS #:202330595
Property Type:Office

Lot Dimensions:175x130
Directions:Northwest corner of North Walnut & 15th Street.
Basement:No

Loan Price
$10,205
Price And Interest $9,368/month
Property Tax $89/month
MTG INS $0/month
HOME INS $748/month
Price
$1,795,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$89/month
Home Owner Insurance
$8,976 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
3rd Bedroom 2 x 2 Info Not Available
Den 1 x 8326 Info Not Available

Semi-Annual Property Tax:$531
Tax Year:2023
Mandatory HOA Fee:$

Subdivision: Northeast Bloomington City
Zip Code:47404

EXPLORE TUCKER LUXURY
Brian Thompson, REALTOR®/Broker, F. C. Tucker Company
Brian Thompson
Additional Phone (812) 336-7300
F.C. Tucker Company

Listing provided courtesy of Jim Regester with RE/MAX Realty Professionals

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

209
Avg. DOM
$207.79
Avg. $ / Sq.Ft.
$ 349,900
Med. List Price

The house prices in Bloomington are not dropping at the moment. There has been a increase in price of $27,937.93. 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 Up. The average house price is $349,900.00 and the average price per square feet is $207.82 per square feet. At the moment, the amount of homes listed is exactly 3361 houses, with 586 with active status, 34 with pending status and 2741 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 $3,465.61. 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 66 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 697 minutes ago.

At the moment we have 8 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 2137.89 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.