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$200,000

508 S Cory Lane Bloomington, IN  47403-2033

  • 3 Beds
  • 1 Baths
  • 1,338 sq. Ft

Property Description for 508 S Cory Lane Bloomington, IN 47403-2033

Discover the potential in this charming 3 bedroom bungalow situated on a generous 1.5-acre lot. Zoned RS 3.5 with the prospect to subdivide. The adjacent property is zoned CA which also allows the possibility of rezoning for multi-unit development. The opportunities here are boundless. This bungalow offers a versatile canvas with its timeless appeal, it could serve as a fantastic rental income source or be transformed into an owner-occupied home. Conveniently located close to downtown, west side shopping, and easy access to I69, this property boasts a prime location. Additionally, the property features a detached 576 square foot two-car garage, built in 1996, a screened-in front porch and a fenced-in rear and side yard. Don't miss your chance to explore the potential and possibilities of this property.

Address:508 S Cory Lane Bloomington IN 47403-2033
Status:Active
on site: 21 days
Price:$200,000
Bedrooms:3 Beds
Bathrooms:1 Full Baths
Sq. Feet:1,338
Year Built:1914
Lot Size:1.50
County: Monroe County
Township: Perry
School System : Monroe County Community
MLS #:202442123
Property Type:Site-Built Home

Lot Dimensions:Irregular
Lot Description:0-2.9999
Directions:From West 3rd St, turn South on Cory Lane or from West 2nd St, turn North on Cory Lane, property is on the West side of the street.
Total Sq. Ft. :1,338
Garage:Detached
Basement:Yes

Loan Price
$1,351
Price And Interest $1,043/month
Property Tax $225/month
MTG INS $0/month
HOME INS $83/month
Price
$200,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$225/month
Home Owner Insurance
$996 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Master Bedroom 21 x 9 Main
2nd Bedroom 11 x 11 Main
3rd Bedroom 10 x 10 Main
Kitchen 14 x 10 Main
Dining Room 14 x 12 Main
Living Room 32 x 13 Main

Semi-Annual Property Tax:$1,351
Tax Year:2023
Mandatory HOA Fee:$

City:Bloomington
Subdivision: None
Zip Code:47403-2033

School System:Monroe County Community
High School:Bloomington South
Middle School:Batchelor
Elementary School:Fairview

Total Sq. Ft.:1,338
Appliances:Refrigerator, Range-Electric
Exterior Features:Vinyl
Fuel:Forced Air
Fireplace(s):Living/Great Rm, One
Cool:Central Air
Heat:Forced Air
Total Rooms:7
Brian Thompson, REALTOR®/Broker, F. C. Tucker Company
Brian Thompson
Additional Phone (812) 336-7300
F.C. Tucker Company
VISIT MY PROFILE

Listing provided courtesy of Gigi Larmour-Goldin with RE/MAX Acclaimed Properties

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 655 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.

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