#202505233, Kelly Harding, Listing office: Millican Realty
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
Virtual tour
Summary
- Heating: Natural Gas, Forced Air
- Cooling: Central Air
- List Price: $275,000
- Directions: S on Walnut, East on Hillside, Left at Park Ave. House will be on your right.
- Year Built: 1985
- Stories: 2
- Lot Size: 0.19 Acres
- MLS Number: 202433118
- Office Name: Century 21 Scheetz - Bloomington
- Office Phone: (812) 385-6302
- Listing Agent: Rebekah Sims
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Last updated on: 7/7/2025, 3:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
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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. The majority of Bloomington, IN residents have income less than $<35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
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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 1305 S Park Ave
The listing price of 1305 S Park Ave property is $275,000.
The property 1305 S Park Ave is a house located in Bloomington, Indiana, 47401.
Active Listing: 1305 S Park Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1305 S Park Ave are: Templeton Elementary School (GreatSchools Rating 5/10), Binford Elementary School (GreatSchools Rating 6/10), Childs Elementary School (GreatSchools Rating 8/10), The Bloomington Project School (GreatSchools Rating 7/10), Jackson Creek Middle School (GreatSchools Rating 7/10), Tri-North Middle School (GreatSchools Rating 6/10), Bloomington High School South (GreatSchools Rating 8/10), Bloomington Graduation School (GreatSchools Rating 2/10), The Academy of Science & Entrepreneurship (GreatSchools Rating 6/10).
The property at 1305 S Park Ave has 0 bathroom.
The year of construction for 1305 S Park Ave is 1985.
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 $275,000.
While more than 23 listings in Bloomington, IN in June 2025 were sold above asking price, there were more than 37 listings sold at asking price, and more than 109 were sold below. The inventory of homes for sale in Bloomington, IN between May and June 2025 increased by 5.5%. In June 2025 median list price was $315,000 and the average listing age was 26 days.