Video tour
$3,883 Closing Credit¹
#202505419, Derek Morgan, Listing Office: Unreal Estate LLC
$325,000 List price
1305 S Park Ave Bloomington, IN 47401
$3,859
Closing credit¹
0.2 acres
House
Property details
About 1305 S Park Ave
The 2024 appraised value came in at $410k! Instant equity! This spacious and versatile property, located just 1 mile south of Indiana University, offers an ideal investment opportunity with immediate income potential. Currently rented, this home is perfectly situated for student, professional or generational living. Featuring a unique layout, the property provides the option for one tenant or owner to enjoy their own private upstairs floor, complete with a full kitchen, while two other tenants/owners can share the main floor, which includes a kitchenette. The convenience of having separate living spaces under one roof is further enhanced by the large outdoor living space. Laundry room located on the main level. New as of 2019: entire roof system (shingles, framing, trusses, gutters with leaf guards), drywall, insulation, 2nd floor windows, kitchen cabinetry, flooring, appliances, bathroom, etc. With its proximity to the university and flexible living arrangement, this property is a rare find that promises both comfort and profitability.
Highlights
Home typeOther
HeatingNatural Gas, Forced Air
StatusActive
CoolingCentral Air
Lot size0.19 Acres
Year built1985
MLS #202433118
Virtual tour
Summary
- MLS Number: 202433118
- Office Name: Century 21 Scheetz - Bloomington
- Office Phone: (812) 385-6302
- Listing Agent: Rebekah Sims
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: 3/15/2025, 12:55:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$325,000
1305 S Park Ave
$3,859
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
5
Templeton Elementary School
Public District PK-6
0.2 mi
•1400 S Brenda Ln
6
Binford Elementary School
Public District 3-6
1.1 mi
•2300 E 2nd St
8
Childs Elementary School
Public District PK-6
1.3 mi
•2211 S High St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $32,010. Most Bloomington, IN residents have annual incomes less than $<35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
56%
<35k
36%
35k-100k
7%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
80%
Single, No Kids
3%
Single, with Kids
11%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
4%
<11 yrs old
2%
12-17 yrs old
75%
18-34 yrs old
14%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Continuing Education Courses
NBA/WNBA
Major League Soccer (MLS)
Where do the neighbors shop?
Express/Express For Men
Banana Republic
H&M
Where do the neighbors go to eat?
Qdoba
Starbucks
Sonic
What do the neighbors drive?
Volkswagen
Pontiac
Infiniti
What do the neighbors listen to?
Urban Contemporary
Alternative
Talk/Personality
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Bloomington, IN
About 1305 S Park Ave
This home is located at 1305 S Park Ave in Bloomington, IN and zip code 47401. This home, which was built in 1985, sits on a 0.19 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since August 29, 2024 and is currently priced at $325,000.
In February 2025 more than 9 listings in Bloomington, IN were sold above the asking price. During the same period more than 12 listings were sold at asking price, while more than 67 were sold below. The inventory of homes for sale in Bloomington, IN between January and February 2025 increased by 16.3%. While the average time on the market in February 2025 was 104 days, the median list price was $302,000.
From Rocket Homes Real Estate and based on county public records data.