4 months on rocket

542 S Walnut St, Bloomington, IN, 47401

$1,200,000

Land

Location

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Property Highlights

Home TypeBusiness
WaterfrontNone
MLS #202421867
Lot Size0.66 Acres
StatusActive

About 542 S Walnut St

GREAT DOWNTOWN LOCATION just South of the Square and the Post Office that sits in between Walnut and College. This rare 2/3 acre downtown parcel includes 100' of frontage on Walnut and 100' of frontage on College Avenue. It is zoned Mixed Use Downtown, which allows Multi-Family and/or Commercial. *Listing agent is part owner of this property.*

Property Details

Property Features

Listing Office:

  • Office Name: RE/MAX Realty Professionals
  • Office Phone: (812) 323-1231
  • Listing Agent: Jim Regester

Exterior Features

Exterior Information:

  • Waterfront: None

Lot Features

Lot Information:

  • Lot Size: 0.66 Acres

Other

Directions Information:

  • Directions: On South Walnut, between Rally's and the Post Office.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,200,000

Tax Information:

  • Annual Amount: $17,918
  • 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

542 S Walnut St vs Bloomington

143 DAYS ON ROCKET

+113 Days

$1,200,000

+$905.2K More

KEY TAKEAWAY

This property is $905.2K more than the Median Sold Price in Bloomington, IN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #202421867

Listing Office:

  • Office Name: RE/MAX Realty Professionals
  • Office Phone: (812) 323-1231
  • Listing Agent: Jim Regester

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, 8:20:53 AM 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$17,918$863,200
2019$17,886$848,300
2017$16,165$761,800

History based on county public records data.

Payment Calculator

$6,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,664

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NMLS#3030

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-2084631
5
/10
  • Fairview Elementary School

  • 627 W 8th St

  • 0.74 miles

  • Public District Grades PK-6

school-card-donut-2084632
5
/10
  • Templeton Elementary School

  • 1400 South Brenda Ln

  • 0.75 miles

  • Public District Grades PK-6

school-card-donut-2084633
6
/10
  • Binford Elementary School

  • 2300 E 2nd St

  • 1.58 miles

  • Public District Grades 3-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,136. The majority of Bloomington, IN residents have income less than $35k annually. The majority of families are single, no kids. Most residents in this area 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 542 S Walnut St

What is the listing price of this property?

The listing price of 542 S Walnut St property is $1,200,000.

What type of property is this?

The property 542 S Walnut St is land located in Bloomington, Indiana, 47401.

Is this property for sale now?

Active Listing: 542 S Walnut St 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 $17,918 (source: MLS/based on county public records data).
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Rocket HomesIndianaMonroe CountyBloomington47401542 S Walnut St

This home is located at 542 S Walnut St in Bloomington, IN and zip code 47401. It has been listed on Rocket Homes since June 14, 2024 and is currently priced at $1,200,000.

While more than 13 listings in Bloomington, IN in October 2024 were sold above asking price, there were more than 21 listings sold at asking price, and more than 62 were sold below. Between September 2024 and October 2024, Bloomington, IN real estate market has seen increase in the number of listings 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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