1316 S Walnut Street, Bloomington, IN 47401

$295,000 Asking Price

4 beds
2 baths
2,452  sqft
Built in 1925

Discover a unique investment opportunity in the heart of Bloomington, just steps away from Indiana University campus, Switchyard Park, and vibrant downtown. This exceptional property offers two homes for the price of one: a charming three-bedroom, one-bath main residence and a 260 sq. ft. tiny home, currently rented and generating immediate income. The main house boasts beautifully refinished hardwood floors, elegant arched doorways, and classic trim that showcase its unique character. Behind it, the cozy one-bedroom, one-bath tiny home (requiring 24-hour notice for viewings) provides additional rental potential. Whether you're looking to offset your mortgage, create a guest house, or maximize your real estate portfolio, this versatile property delivers value in a prime location. Don't miss this rare chance to invest in one of Bloomington's most desirable areas – schedule your viewing today and experience the potential of this distinctive property firsthand.

Features & Amenities

Interior

Basement:
Full Basement,Unfinished
A/C:
Central Air
Heating:
Gas

Exterior

General:
Aluminum,Brick
Style:
Bungalow

Construction

General:
One Story, Full Basement,Unfinished

Location

HOA Amenities:
Not Applicable
School District:
Monroe County Community School Corp.

Lot

Zoning:
015-32450-00 CAZEE PT LOT 4 and 015-32460-00 CAZEE PT LOT 4, 53-01-53-245-000.000-009

Utilities

Water:
City

This listing courtesy of:
Keller Williams - Indy Metro South LLC, Angie Lamb

About Bloomington, IN

Housing

Number of Units
59,766
Median Home Value
$209,648
Median Rent
$862

47.68% of housing units are renter occupied.

8.21% are vacant.

Commute

Car
64.81%
Public Transportation
2.43%
Walk to Work
5.15%
Work from Home
25.81%
Other
0.38%

The median travel time to work is 15 minutes.

People

Population
131,573
Median Age
33.90
Median Household Size
2.47

Education

High School
22.12%
Associate’s Degree
7.30%
Bachelor’s Degree
24.80%
Graduate Degree
22.32%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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