Tour
#202522459, Chris Berg, Listing office: eXp Realty LLC
Property details
About 4977 E State Road 46
10% CAP Rate! Two New Homes. One Incredible Opportunity. Welcome to a one-of-a-kind property offering not one, but two fully renovated homes on a single parcel—just minutes from all that Bloomington has to offer. Whether you're looking for a multi-generational setup, a primary home with guest space, or a smart investment opportunity, this property checks every box. Home One is a beautifully updated 3-bedroom, 2-bath residence featuring a brand new roof, new HVAC system, and a stunning open-concept kitchen with quartz countertops. Luxury bathrooms, updated flooring, fresh paint, and modern cabinetry complete the home’s crisp, contemporary feel. Just 200 feet away sits Home Two, a converted barn turned high-end retreat. The upper level offers 1 bedroom, 1 bath, and an open-concept kitchen and living area with new floors, cabinets, and paint. The lower level is a creative flex space—complete with polished concrete floors, panoramic windows overlooking the forest, and a potential office or second bedroom setup. Two covered decks provide plenty of room for entertaining, relaxing, or hosting unforgettable gatherings. Rent this home to pay for your primary? This is more than a home—it’s a lifestyle and an opportunity. Don’t miss it.
Highlights
Home typeOther
HeatingForced Air
StatusActive
CoolingCentral Air, Multi Unit(s), Other
Lot size1 Acres
Year built1930
MLS #202524187
Virtual tour
Summary
- Heating: Forced Air
- Cooling: Central Air, Multi Unit(s), Other
- List Price: $599,000
- Annual Tax Amount: $2,682
- Tax Year: 2023
- Directions: East on highway 46 toward Columbus. About 1/4 mile on the left past Bruster's Ice Cream
- Year Built: 1930
- Stories: 2
- Lot Size: 1 Acres
- MLS Number: 202524187
- Office Name: eXp Realty LLC
- Office Phone: (812) 318-0050
- Listing Agent: Chris Berg
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: 7/7/2025, 4:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 28, 2023 | Home Sold | $291,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $173,200 | $2,682 |
| 2021 | $99,300 | $1,525 |
| 2020 | $94,100 | $1,302 |
| 2019 | $83,800 | $1,348 |
| 2017 | $83,100 | $1,346 |
History based on county public records data.
Nearby schools
7
University Elementary School
Public District PK-6
1.2 mi
•1111 N Russell Rd
6
Binford Elementary School
Public District 3-6
2.3 mi
•2300 E 2nd St
8
Childs Elementary School
Public District PK-6
3.1 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 $66,471. Residents of Bloomington, IN typically earn between $35k-100k each year. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
30%
<35k
49%
35k-100k
19%
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?
41%
Single, No Kids
6%
Single, with Kids
34%
Married, No Kids
19%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
7%
12-17 yrs old
23%
18-34 yrs old
42%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
NBA/WNBA
Symphony or Opera
Continuing Education Courses
Where do the neighbors shop?
Express/Express For Men
Chico's
H&M
Where do the neighbors go to eat?
Starbucks
Boston Market
Qdoba
What do the neighbors drive?
Pontiac
Volvo
Volkswagen
What do the neighbors listen to?
Urban Contemporary
Talk/Personality
Alternative
All data provided by Home Junction and Claritas
Similar homes for sale
Tour
#202522534, Kristi Gibbs, Listing office: Century 21 Scheetz - Bloomington
#22043669, Jay Kohlmeier, Listing office: Trueblood Real Estate
Tour
#202520288, Wendy Fulkerson Kohlmeier, Listing office: Trueblood Real Estate, LLC
Tour
#202520019, Andy Walker, Listing office: RE/MAX Acclaimed Properties
Tour
#202504114, Jen, NMSP Bratton, Listing office: Brawley Real Estate
#202510332, Jeff Franklin, Listing office: FC Tucker/Bloomington REALTORS
Tour
#202510420, Eileen Mejia, Listing office: Mejia Realty LLC
Tour
#202510045, Eileen Mejia, Listing office: Mejia Realty LLC
Tour
#202505141, Steph DiVohl, Listing office: RE/MAX Realty Professionals
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 4977 E State Road 46
The listing price of 4977 E State Road 46 property is $599,000.
The property 4977 E State Road 46 is a house located in Bloomington, Indiana, 47408.
Active Listing: 4977 E State Road 46 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 4977 E State Road 46 are: University Elementary School (GreatSchools Rating 7/10), 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).
According to the records, the last property tax for 2023 is $2,682 (source: MLS/based on county public records data).
The last sale was on August 28, 2023 for $291,000 (source: MLS/tax record).
The property at 4977 E State Road 46 has 0 bathroom.
The year of construction for 4977 E State Road 46 is 1930.
This home is located at 4977 E State Road 46 in Bloomington, IN and zip code 47401. This home, which was built in 1930, sits on a 1.00 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since June 24, 2025 and is currently priced at $599,000.
Bloomington, IN housing market in June 2025 saw over 23 listings sold above listed price, more than 37 sold at listed price and over 109 sold below. In June 2025 in Bloomington, IN there were 5.5% more homes for sale than in May. In June 2025, listings were on the market for 26 days. During the same period, the median list price in this real estate market was $315,000.
From Rocket Homes Real Estate and based on county public records data.