2 months on rocket

1305 S Park Ave, Bloomington, IN, 47401

$345,500

Home List Price

$4,103*

Closing Credit

0 Baths
House

Location

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1305 S Park Ave, Bloomington$345,500

Buyer Closing Credits

$4,103*

1.25% Loan Amount

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Property Highlights

Home TypeOther
Year Built1985
HeatingNatural Gas, Forced Air
CoolingCentral Air
MLS #202433118
Lot Size0.19 Acres
StatusActive

About 1305 S Park Ave

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.

Property Details

Property Features

Property Information:

  • Year Built: 1985
  • Stories: 2

Listing Office:

  • Office Name: Century 21 Scheetz - Bloomington
  • Office Phone: (812) 385-6302
  • Listing Agent: Rebekah Sims

Virtual/3D Tour

  • Virtual Tour: 1305 S Park Ave
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Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: S on Walnut, East on Hillside, Left at Park Ave. House will be on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $345,500

Tax Information:

  • Annual Amount: $3,404
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Bloomington, IN.

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Bloomington, IN

City

Med. Sold Price

$294.7K

Med. Price/SqFt

$183

Avg. Days On Market

30

# of Sold Homes

99

1305 S Park Ave vs Bloomington

68 DAYS ON ROCKET

+38 Days

$345,500

+$50.7K More

KEY TAKEAWAY

This property is $50.7K more than the Median Sold Price in Bloomington, IN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #202433118

Listing Office:

  • Office Name: Century 21 Scheetz - Bloomington
  • Office Phone: (812) 385-6302
  • Listing Agent: Rebekah Sims

IDX The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). 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. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 8:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,404$182,000
2019$3,336$161,900
2017$3,160$151,900

History based on county public records data.

Payment Calculator

$1,792

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,102

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2201856
5
/10

  • Templeton Elementary School

  • 1400 South Brenda Ln

  • 0.15 miles

  • Public District Grades PK-6

school-card-donut-2201857
6
/10

  • Binford Elementary School

  • 2300 E 2nd St

  • 1.14 miles

  • Public District Grades 3-6

school-card-donut-2201858
8
/10

  • Childs Elementary School

  • 2211 S High St

  • 1.27 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,010. The majority of Bloomington, IN residents have income less than $35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Bloomington, IN

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Bloomington, IN?

The housing landscape in Bloomington is diverse, with single-family homes being a significant component, complemented by a selection of apartments and townhouses. The architectural styles vary, with a mix of modern, traditional, and craftsman influences. A substantial portion of the housing stock was developed in the latter part of the 20th century, reflecting a period of growth and expansion.

Is Bloomington, IN a good place to live?

Bloomington is celebrated for its vibrant cultural scene and the presence of Indiana University, which infuses the city with a youthful energy. The community prides itself on a blend of academic, artistic, and musical events throughout the year, contributing to the city's dynamic and inclusive atmosphere.

Are things conveniently located in Bloomington, IN?

Residents of Bloomington benefit from a robust educational system, including a number of public and private schools that cater to various educational needs. The city is home to multiple healthcare facilities offering a range of services from primary care to specialized treatments. Retail and dining options are plentiful, showcasing local flavors and contributing to the city's charm. Efforts are continuously made to adapt services to the evolving needs of the population.

What does the transportation in Bloomington, IN look like?

Bloomington's transport infrastructure supports both private and public transit options, with a network of roads and highways facilitating travel in and around the city. Public transportation is available, with schedules designed to accommodate commuters and students. The city is also attentive to walkability and bikeability, particularly in areas with higher pedestrian traffic. Ride-sharing services are operational, providing additional mobility solutions for residents and visitors.

Frequently Asked Questions About 1305 S Park Ave

What is the listing price of this property?

The listing price of 1305 S Park Ave property is $345,500.

What type of property is this?

The property 1305 S Park Ave is a house located in Bloomington, Indiana, 47401.

Is this property for sale now?

Active Listing: 1305 S Park Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,404 (source: MLS/based on county public records data).

Which year was this property built?

The year of construction for 1305 S Park Ave is 1985.

Rocket Homes›Indiana›Monroe County›Bloomington›47401›1305 S Park Ave

This home is located at 1305 S Park Ave in Bloomington, IN and zip code 47401. This home was built in 1985. It has been listed on Rocket Homes since August 29, 2024 and is currently priced at $345,500.

Bloomington, IN housing market in October 2024 saw over 13 listings sold above listed price, more than 21 sold at listed price and over 62 sold below. The inventory of homes for sale in Bloomington, IN between September 2024 and October 2024 increased by 3.1%. Listings spent 30 days on the market in October 2024, and had a median list price of $294,750 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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