Backup offersTour
$10,000 Closing Credit¹
#202503995, Donald Griffin, Listing Office: Griffin Realty Holdings LLC
$1,125,000 List price
425 N Walnut St Bloomington, IN 47404
$10,000
Closing credit¹
0.10 acres
House
Property details
About 425 N Walnut St
This exceptional multi-unit property offers an ideal investment in the thriving Bloomington rental market. Located in a prime area near downtown and Indiana University, 425 N Walnut Street consists of 4 units, combining for a total of 7 bedrooms, 4 bathrooms, and a bonus commercial space. The property is fully leased through July 2026, providing stable cash flow with current rental income of $8,500 per month through July 2025, increasing to $8,900 per month for the following lease term (August 2025 - July 2026). With a strong rental demand driven by proximity to IU and Bloomington's downtown, this property is positioned to deliver long-term value appreciation and consistent returns. Investors will benefit from both the immediate rental income and future growth potential.
Highlights
Home typeOther
HeatingForced Air
StatusActive
CoolingCentral Air
Lot size0.1 Acres
Year built1969
MLS #202439246
Virtual tour
Summary
- Heating: Forced Air
- Cooling: Central Air
- List Price: $1,125,000
- Annual Tax Amount: $10,953
- Tax Year: 2023
- Directions: On N Walnut just before 9th Street
- Year Built: 1969
- Stories: 2
- Lot Size: 0.1 Acres
- MLS Number: 202439246
- Office Name: Brawley Real Estate
- Office Phone: (812) 336-6888
- Listing Agent: Jeff Brawley
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, 8:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,125,000
425 N Walnut St
$10,000
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 19, 2019 | Home Sold | $550,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $1,032,600 | $10,953 |
| 2021 | $479,700 | $10,102 |
| 2020 | $489,600 | $9,977 |
| 2019 | $471,600 | $10,008 |
| 2017 | $262,900 | $5,584 |
History based on county public records data.
Nearby schools
5
Fairview Elementary School
Public District PK-6
0.3 mi
•627 W 8th St
5
Templeton Elementary School
Public District PK-6
1.3 mi
•1400 S Brenda Ln
3
Arlington Heights Elementary School
Public District PK-6
1.4 mi
•700 W Parrish Rd
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 $13,797. The majority of Bloomington, IN residents have income less than $<35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
90%
<35k
8%
35k-100k
0%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
96%
Single, No Kids
1%
Single, with Kids
3%
Married, No Kids
0%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
1%
<11 yrs old
0%
12-17 yrs old
90%
18-34 yrs old
7%
35-64 yrs old
2%
65+ yrs old
What do the neighbors do for fun?
NBA/WNBA
Major League Soccer (MLS)
Symphony or Opera
Where do the neighbors shop?
Express/Express For Men
Banana Republic
Chico's
Where do the neighbors go to eat?
Starbucks
Sonic
Boston Market
What do the neighbors drive?
Pontiac
Infiniti
Volvo
What do the neighbors listen to?
Urban Contemporary
Talk/Personality
Rhythmic Contemporary Hits
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 425 N Walnut St
The listing price of 425 N Walnut St property is $1,125,000.
The property 425 N Walnut St is a house located in Bloomington, Indiana, 47404.
Active Listing: 425 N Walnut St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 425 N Walnut St are: Fairview Elementary School (GreatSchools Rating 5/10), Templeton Elementary School (GreatSchools Rating 5/10), Arlington Heights Elementary School (GreatSchools Rating 3/10), 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 High School South (GreatSchools Rating 8/10), Bloomington Graduation School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $10,953 (source: MLS/based on county public records data).
The last sale was on June 19, 2019 for $550,000 (source: MLS/tax record).
The property at 425 N Walnut St has 0 bathroom.
The year of construction for 425 N Walnut St is 1969.
This home is located at 425 N Walnut St in Bloomington, IN and zip code 47408. This home, which was built in 1969, sits on a 0.10 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since October 9, 2024 and is currently priced at $1,125,000.
In April 2025, from all listings sold in Bloomington, IN there were more than 24 sold above asking price, over 76 sold below and more than 34 were sold right at the asked price. In April 2025 in Bloomington, IN there were 21.4% more homes for sale than in March. The median list price of listings available in April 2025 was $310,187, while the average time on the real estate market was 88 days.
From Rocket Homes Real Estate and based on county public records data.