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(SOLD) $285,000

401 E Grimes Lane Bloomington, IN  47401

  • 3 Beds
  • 3 Baths
  • 1,552 sq. Ft

Property Description for 401 E Grimes Lane Bloomington, IN 47401

Discover the perfect blend of charm and convenience in this beautiful 1920-built home, ideally situated in the heart of downtown Bloomington. This inviting 3-bedroom, 3-bathroom residence offers over 2,000 square feet of living space, including a full walkout basement and sits on two spacious lots. As you step inside, you'll be greeted by the warmth of hardwood floors that extend through most of the main level. The living room features a wood-burning fireplace, creating a cozy atmosphere for gatherings. Enjoy your morning coffee or relax in the evenings on the enclosed front porch with views of Grimes Lane. Property is being sold As-Is. The layout includes two bedrooms and a full bath on the main level, while the third bedroom and a full bathroom are located upstairs, providing privacy and versatility. The partially finished basement offers a large multi-purpose space, perfect for a family room, home office, or guest suite, along with an additional full bathroom. Outdoor enthusiasts will appreciate the expansive outdoor space that the two lots provides, ideal for gardening, entertaining, or simply unwinding. The property also boasts a three-car garage and an expansive driveway, ensuring ample off-street parking and room for all your hobbies. Location is key, and this home delivers! Enjoy a leisurely half-mile walk to Bryan Park, just one mile to the vibrant Kirkwood Avenue, and a little over a mile to Indiana University’s campus. This prime downtown location offers the best of Bloomington right at your doorstep. This is not just a home; it’s a lifestyle opportunity waiting for you. Don’t miss out on the chance to own a piece of Bloomington’s history in an unbeatable location!

Address:401 E Grimes Lane Bloomington IN 47401
Status:Sold
Sold On: 9/20/2024
Price:$299,900
Bedrooms:3 Beds
Bathrooms:3 Full Baths
Sq. Feet:1,552
Year Built:1920
Lot Size:0.38
County: Monroe County
Township: Perry
School System : Monroe County Community
MLS #:202431370
Property Type:Site-Built Home

Lot Dimensions:126 x 132
Lot Description:Corner
Directions:Take S College to S Walnut, Turn Left onto Grimes Lane. House is on the left at the intersection of Grimes and Grant.
Total Sq. Ft. :1,552
Garage:Detached
Basement:Yes

Loan Price
$1,943
Price And Interest $1,487/month
Property Tax $337/month
MTG INS $0/month
HOME INS $119/month
Price
$285,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$337/month
Home Owner Insurance
$1,428 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Master Bedroom 13 x 10 Main
2nd Bedroom 13 x 11 Main
3rd Bedroom 14 x 16 Upper
Kitchen 16 x 10 Main
Family Room 26 x 19 Basement
Dining Room 13 x 13 Main
Living Room 19 x 13 Main

Semi-Annual Property Tax:$2,024
Tax Year:2023
Mandatory HOA Fee:$

Subdivision: None
Zip Code:47401

High School:Bloomington South
Middle School:Jackson Creek
Elementary School:Templeton

Total Sq. Ft.:1,552
Appliances:Microwave, Oven-Gas, Range-Gas
Exterior Features:Cement Board
Fuel:Gas, Forced Air
Fireplace(s):Living/Great Rm, Wood Burning
Cool:None
Heat:Gas, Forced Air
Total Rooms:7
Brian Thompson, REALTOR®/Broker, F. C. Tucker Company
Brian Thompson
Additional Phone (812) 336-7300
F.C. Tucker Company

Listing provided courtesy of Micah Heath with Keller Williams - Indy Metro South LLC

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
$207.41
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 203 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.