$325,000

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

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Summary

  • MLS Number: 202433118
  • Office Name: Century 21 Scheetz - Bloomington
  • Office Phone: (812) 385-6302
  • Listing Agent: Rebekah Sims

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: 3/6/2025, 3:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home with an outbuilding, a storage unit, stairs, driveway, and a front lawn

$325,000

1305 S Park Ave

$3,859

closing credit¹

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0.5% sale price²

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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $32,010. Residents of Bloomington, IN typically earn less than $<35k each year. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

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 CoursesContinuing Education Courses
  • NBA/WNBANBA/WNBA
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Banana RepublicBanana Republic
  • H&MH&M

Where do the neighbors go to eat?

  • QdobaQdoba
  • StarbucksStarbucks
  • SonicSonic

What do the neighbors drive?

  • VolkswagenVolkswagen
  • PontiacPontiac
  • InfinitiInfiniti

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • AlternativeAlternative
  • Talk/PersonalityTalk/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.

Over 9 listings were sold over their listed price in February 2025 in Bloomington, IN. In the same period over 67 listings were sold below the listed price and 12 listings were sold for the listed price. The number of homes for sale in Bloomington, IN increased by 16.3% between January and February 2025. The median list price of listings available in February 2025 was $302,000, while the average time on the real estate market was 104 days.

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

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