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20
Photos
1502 S College Avenue, Bloomington, IN 47403
$320,000 Asking Price
$---/mo Est. Payment Get Prequalified »
2
beds
1
bath
2,898
sqft
Built in
1936
Step into the charming Arts & Crafts style home, built in the 1930s, featuring fourteen 9-over-1 windows, 3 entry doors, and a cozy fireplace. With over 1400 sq ft on the main level and a full poured concrete foundation wall basement, this property offers great potential. Currently configured as a 2 bedroom, 1 bathroom, kitchen, dining room, office, and living room, the office can easily be transformed into a 3rd bedroom. Situated in the heart of Bloomington, this property offers a prime location with the B-Line Trail and Switchyard Park visible across the creek during winter months. With close proximity to 2nd Street Kroger, downtown, and other amenities, this is the ideal spot to live or work. The property is zoned as ME (Mixed-use Employment), offering versatile usage as an office, rental property, or even an Airbnb. The house's original construction allows for easy reconfiguration into two sections: the front as an office with a reception area and the rear as the living area, which boasts a new kitchen, bathroom, dining room, and two bedrooms. Renovations in 1999 included a new electrical wiring system, CAT 5 computer networking, cable TV, and a multi-phone line system. In 2011, a new roof was installed, and the home was painted. In 2018, high-efficiency upgrades were made to the furnace and air conditioning system, and in 2024, the roof was replaced and the home was repainted inside and out. The kitchen and bathroom have also been tastefully updated. Also, there's a Royal Spa hot tub. This property is not just a home; it's an opportunity waiting to be seized. Don't miss out—schedule your viewing today! No Showings until Monday October 7, 2024 Owner is Licensed RE Broker Updates: New Roof 09/15/2024, HVAC 07/2018, New LVT Flooring 09/25/2024, CAT 5, TV cabling, 4 phone line capabilities.
Features & Amenities
Interior
- Basement:
- Full Basement
- Flooring:
- Laminate,Vinyl
- A/C:
- Central Air
- Heating:
- Gas,Forced Air
- Fireplace:
- Living/Great Rm, Fireplace, Fireplaces: 1
Exterior
- General:
- Aluminum
- Style:
- Craftsman
Construction
- Roofing:
- Asphalt
- General:
- One Story, Full Basement
Location
- HOA Amenities:
- Not Applicable
- School District:
- Monroe County Community School Corp.
Lot
- Driveway:
- Gravel
- Zoning:
- ME - Mixed-Use Employment, RAILROAD PARK LOT 18, 53-08-09-207-015.000-009
Utilities
- Water:
- City
This listing courtesy of:
Saunders & Associates, John Saunders
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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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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