Why Live in Old Northeast
Old Northeast is a historic Bloomington neighborhood with a median build year of 1925, featuring a mix of small Craftsman, American Foursquares, Dutch Colonials, and Victorian homes. The area also includes townhouses, apartments, and many homes converted into rentals, with rentals being predominant. Narrow roads and alleyways encourage walking, and the neighborhood's proximity to Indiana University brings a lively student presence. Residents enjoy easy access to IU's outdoor attractions, such as Dunn’s Woods and Dunn Meadow, as well as the Kirkwood Observatory. The nearby B-Line Trail connects to Rev. Ernest D. Butler Park and Switchyard Park. Downtown Bloomington, just a short walk away, is home to diverse restaurants like The Trojan Horse and Samira Restaurant, shopping at Tivoli Fashions and Rewind Records, and nightlife at Tap Bloomington. The area hosts events like the Fourth Street Festival of the Arts and performances at the Buskirk-Chumley Theater. Bloomington Transit buses serve the neighborhood, and residents are a few miles from Interstate 69, which leads to Indianapolis. Students are zoned to attend highly rated schools, including University Elementary School, Tri-North Middle School, and Bloomington High School North, notable for its strong STEM and athletic programs.
Frequently Asked Questions
Is Old Northeast a good place to live?
Old Northeast is a good place to live. Old Northeast is considered fairly walkable and bikeable with some transit options. Old Northeast has 5 parks for recreational activities. It has a median age of 26. The average household income is $36,555 which is below the national average. College graduates make up 71% of residents. A majority of residents in Old Northeast are renters, with 96.5% of residents renting and 3.5% of residents owning their home. A
local real estate agent serving Old Northeast can help you decide if this neighborhood is the right one for you. Learn more on our
Old Northeast neighborhood guide.
Is Old Northeast, IN a safe neighborhood?
Old Northeast, IN is less safe than the average neighborhood in the United States. It received a crime score of 8 out of 10.
How much do you need to make to afford a house in Old Northeast?
The median home price in Old Northeast is $735,000. If you put a 20% down payment of $147,000 and had a 30-year fixed mortgage with an interest rate of 6.09%, your estimated principal and interest payment would be $3,560 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $153K a year to afford the median home price in Old Northeast. Learn how much home you can afford with our
Home Affordability Calculator. The average household income in Old Northeast is $37K.
What are the best public schools in Old Northeast?
The best public schools that serve Old Northeast are:
What are the best private schools in Old Northeast?
The best private schools that serve Old Northeast are:
What are the most popular zip codes in Old Northeast, Bloomington, IN?
What are the most popular neighborhoods near Old Northeast, Bloomington, IN?
Are home prices dropping in Old Northeast?
Yes, home prices in Old Northeast are down 17% in the last 12 months.
Home Trends in Old Northeast, IN
On average, homes in Old Northeast, Bloomington sell after 17 days on the market compared to the national average of 54 days. The median sale price for homes in Old Northeast, Bloomington over the last 12 months is $267,500, down 15% from the median home sale price over the previous 12 months.
Median Sale Price
$267,500
Median Single Family Sale Price
$737,060
Median Townhouse Sale Price
$498,500
Median 2 Bedroom Sale Price
$737,940
Median 1 Bedroom Sale Price
$601,575
Average Price Per Sq Ft
$438
Number of Homes for Sale
9
Last 12 months Home Sales
4
Median List Price
$735,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-15%