5 months on rocket

524 S Highland Ave, Bloomington, IN, 47401

$899,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths, 1 Partial
$226/SqFt
House

Location

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524 S Highland Ave, Bloomington$899,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingConcrete
Attached Garage1 space
Year Built1938
HeatingNatural Gas, Forced Air
CoolingCentral Air
FireplaceFamily Rm, Living/Great Rm, Fireplace Screen/Door, Gas Log, Wood Burning, Two
MLS #202420269
Lot Size0.18 Acres
StatusActive

About 524 S Highland Ave

Traditional 1930's English cottage home that has undergone two remarkable renovations over the last 2 decades, marrying the home's old charm and modern features beautifully. The home almost doubled in size as a result of the first transformative renovation, bringing a contemporary expansion to the home, complete with approximately 13-foot-tall ceilings, exposed steel beams and bamboo floors. The main level's living spaces flow gracefully, brightly lit from all around by the tall French doors and windows and anchored by a custom cook's kitchen with both bar top and eat-in space. The expansion also provided a main level primary ensuite bedroom with its own dedicated access to the tranquil enclosed brick courtyard. The most recent renovations and updates occurred within the last 5 years, bringing the home an additional completely new ensuite bathroom to one of the upstairs bedrooms. This most recent renovation included the expansion and remodel of the existing 2nd floor bathroom, as well as the addition of an additional HVAC system that is dedicated to the upstairs. The result is a remarkably sophisticated and unique home boasting almost 4000 finished square feet, three bedrooms and an office, three and a half baths, ample open living spaces for entertaining, two separate laundry areas (one on the main, one in the basement), an attached garage, large usable unfinished basement, and two HVAC systems designed to implement "zoned" heat/air for the ultimate comfort. This stunner is located just 2 blocks from Indiana University, in the heart of Elm Heights, one of Bloomington's most established and desirable neighborhoods.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1938

Listing Office:

  • Office Name: Sterling Real Estate
  • Office Phone: (704) 619-6833
  • Listing Agent: Kelly Murray

Interior Features

Interior Information:

  • Flooring Type: Hardwood Floors, Other, Ceramic Tile
  • Fireplace: Family Rm, Living/Great Rm, Fireplace Screen/Door, Gas Log, Wood Burning, Two

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Brick, Cement Board

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Concrete

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: East on 1st St, left on S Highland Ave. Home will be on the left. Parking is available in driveway, as well as in the shared alleyway alongside the north side of the home.

Price Information

Listing Price Info

Price Summary:

  • List Price: $899,000
  • Price Per SqFt: $226/SqFt

Tax Information:

  • Annual Amount: $7,081
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$294.7K

Med. Price/SqFt

$183

Avg. Days On Market

30

# of Sold Homes

99

524 S Highland Ave vs Bloomington

170 DAYS ON ROCKET

+140 Days

$899,000

+$604.2K More

$226/SqFt

+$42 More

KEY TAKEAWAY

This property is $604.2K more than the Median Sold Price and $42/SqFt more than other homes in Bloomington, IN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #202420269

Listing Office:

  • Office Name: Sterling Real Estate
  • Office Phone: (704) 619-6833
  • Listing Agent: Kelly Murray

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: 11/22/2024, 2:20:53 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$7,081$615,600
2019$6,755$666,700
2017$6,615$620,000

History based on county public records data.

Payment Calculator

$4,554

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,762

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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-635217
6
/10
  • Binford Elementary School

  • 2300 E 2nd St

  • 0.68 miles

  • Public District Grades 3-6

school-card-donut-635218
5
/10
  • Templeton Elementary School

  • 1400 S Brenda Ln

  • 0.84 miles

  • Public District Grades PK-6

school-card-donut-635219
5
/10
  • Fairview Elementary School

  • 627 W 8th St

  • 1.26 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,846. The most common annual income of people living in Bloomington, IN is less than $35k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

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.

Types of housing 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.

What is it like to live in Bloomington, IN?

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.

Is it easy to get around Bloomington, IN without a car?

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.

Transportation in Bloomington, IN.

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 524 S Highland Ave

What is the listing price of this property?

The listing price of 524 S Highland Ave property is $899,000.

What type of property is this?

The property 524 S Highland Ave is a house located in Bloomington, Indiana, 47401.

Is this property for sale now?

Active Listing: 524 S Highland 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 $7,081 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 524 S Highland Ave has 3 bedrooms and 3 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 524 S Highland Ave is 1938.

Rocket Homes›Indiana›Monroe County›Bloomington›47401›524 S Highland Ave

This home is located at 524 S Highland Ave in Bloomington, IN and zip code 47401. This home was built in 1938. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 05, 2024 and is currently priced at $899,000.

In October 2024 more than 13 listings in Bloomington, IN were sold above the asking price. During the same period more than 21 listings were sold at asking price, while more than 62 were sold below. The number of homes for sale in Bloomington, IN increased by 3.1% between September 2024 and October 2024. While the average time on the market in October 2024 was 30 days, the median list price was $294,750.

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

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