$3,995,000

1201 W Allen St Bloomington, IN 47403

2.7 acres
Condo

Property details

About 1201 W Allen St

Welcome to Hilltop Village, a charming 40-unit apartment complex nestled on 2.66 acres in an attractive location! This exceptional property comprises nine separate ranch-style buildings, providing 39 one-bedroom units, all remodeled within the past two years, offering modern comforts and style. The remaining unit has two separate entrances and serves as an office on one side, while the other side has been transformed into a common area laundry facility for the tenant's convenience. The office has the potential to be easily converted into an efficiency unit, further expanding the income-generating possibilities for the new owner. In an area with high rental demand, this complex offers a serene and convenient housing option that has proven itself when it comes to attracting renters. Seven of nine roofs have been replaced, breaker boxes upgraded along with telecom wiring, all units have been renovated similarly in finishes and all are similar in layout (open concept)/size.

Highlights

Home typeCondominium
HeatingElectric, Baseboard, Wall Furnace
StatusActive
CoolingWall Unit(s)
Lot size2.66 Acres
Year built1985
MLS #202511570

Virtual tour

Summary

  • Heating: Electric, Baseboard, Wall Furnace
  • Cooling: Wall Unit(s)
  • List Price: $3,995,000
  • Directions: 1/10 mile West of the intersection of West Allen Street and South Patterson Drive, on the South side of the street.
  • Year Built: 1985
  • Stories: 1
  • Lot Size: 2.66 Acres
  • MLS Number: 202511570
  • Office Name: CRM Properties, Inc
  • Office Phone: (765) 431-9111
  • Listing Agent: Audra Cannon

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. ©2011-2025 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: 5/2/2025, 10:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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1201 W Allen St

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Price information

Property sales

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Tax history

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Nearby schools

5

Fairview Elementary School

Public District PK-6

1.0 mi

627 W 8th St

4

Summit Elementary School

Public District PK-6

1.0 mi

1450 W Countryside Ln

5

Templeton Elementary School

Public District PK-6

1.1 mi

1400 S Brenda Ln

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $39,243. Residents of Bloomington, IN typically earn between $35k-100k each year. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

46%
<35k
51%
35k-100k
3%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

62%
Single, No Kids
8%
Single, with Kids
22%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
5%
12-17 yrs old
38%
18-34 yrs old
37%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • College BasketballCollege Basketball
  • Symphony or OperaSymphony or Opera
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • DillardsDillards
  • Chico'sChico's
  • H&MH&M

Where do the neighbors go to eat?

  • Logan's RoadhouseLogan's Roadhouse
  • Boston MarketBoston Market
  • Bob EvansBob Evans

What do the neighbors drive?

  • HyundaiHyundai
  • VolvoVolvo
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • RockRock
  • Talk/PersonalityTalk/Personality
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

Living 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.

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.

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.

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.

About 1201 W Allen St

The listing price of 1201 W Allen St property is $3,995,000.

The property 1201 W Allen St is a condo located in Bloomington, Indiana, 47403.

Active Listing: 1201 W Allen St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1201 W Allen St are: Fairview Elementary School (GreatSchools Rating 5/10), Summit Elementary School (GreatSchools Rating 4/10), Templeton Elementary School (GreatSchools Rating 5/10), The Bloomington Project School (GreatSchools Rating 7/10), Tri-North Middle School (GreatSchools Rating 6/10), Batchelor Middle School (GreatSchools Rating 5/10), The Academy of Science & Entrepreneurship (GreatSchools Rating 6/10), Bloomington Graduation School (GreatSchools Rating 2/10), Bloomington High School South (GreatSchools Rating 8/10).

The property at 1201 W Allen St has 0 bathroom.

The year of construction for 1201 W Allen St is 1985.

This home is located at 1201 W Allen St in Bloomington, IN and zip code 47403. This home, which was built in 1985, sits on a 2.66 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 6, 2025 and is currently priced at $3,995,000.

In April 2025 more than 24 listings in Bloomington, IN were sold above the asking price. During the same period more than 34 listings were sold at asking price, while more than 76 were sold below. The inventory of homes for sale in Bloomington, IN between March and April 2025 increased by 21.4%. While the average time on the market in April 2025 was 88 days, the median list price was $310,187.

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

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