$10,000

closing credit¹

425 N Walnut St Bloomington, IN 47404

$1,150,000
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

  • MLS Number: 202439246
  • Office Name: Brawley Real Estate
  • Office Phone: (812) 336-6888
  • Listing Agent: Jeff Brawley

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: 2/16/2025, 3:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of property exterior featuring cooling unit, a balcony, and covered porch

$1,150,000

425 N Walnut St

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jun 19, 2019
Home Sold
$550,000

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

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 majority of families are single, no kids. Residents of this area typically have post secondary degree education.

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/WNBANBA/WNBA
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Symphony or OperaSymphony or Opera

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Banana RepublicBanana Republic
  • Chico'sChico's

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • SonicSonic
  • Boston MarketBoston Market

What do the neighbors drive?

  • PontiacPontiac
  • InfinitiInfiniti
  • VolvoVolvo

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Talk/PersonalityTalk/Personality
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

Living in Bloomington, IN

About 425 N Walnut St

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 $1,150,000.

Over 3 listings were sold over their listed price in January 2025 in Bloomington, IN. In the same period over 54 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 2.5% between December and January 2025. While the average time on the market in January 2025 was 62 days, the median list price was $309,000.

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

More resources