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Prospect Hill Homes for Sale

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    $499,000

    • 5 Beds
    • 3 Baths
    • 634 Sq Ft

    308 S Madison St, Bloomington, IN 47403

    Great investment for an owner-occupant with added income unit (or in-law unit), or fully rent both units (308 & 308.5 S Madison). Located in the heart of downtown Bloomington! Easy access to Indiana University, Kirkwood Ave, Bloomingfoods, Farmers' Market, B-Line trail, etc . Occupancy permit in-place for 7 total. The main house (308 S Madison) has 5 bedrooms and 2 full bathrooms. It boasts a

    Scott Owens Owens Realty Group

    308 S Madison St, Bloomington, IN 47403
  • /2

    $1,200,000

    • Land
    • 0.66 Acre
    • $1,818,182 per Acre

    542 S Walnut St, Bloomington, IN 47401

    GREAT DOWNTOWN LOCATION just South of the Square and the Post Office that sits in between Walnut and College. This rare 2/3 acre downtown parcel includes 100' of frontage on Walnut and 100' of frontage on College Avenue. It is zoned Mixed Use Downtown, which allows Multi-Family and/or Commercial. *Listing agent is part owner of this property.*

    James Regester Realty Professionals

    542 S Walnut St, Bloomington, IN 47401
  • /36

    $249,900

    • 3 Beds
    • 1 Bath
    • 1,024 Sq Ft

    925 W 2nd St, Bloomington, IN 47403

    Great location 3 bedroom, 1 bath on W 2nd Street. A sweet bungalow with abundant potential to upgrade and restore the original wood floors and solid wood doors. The private front porch gives great outdoor space with a deep back yard ready for some homesteading and garden beds. The basement space has seemingly unlimited space for laundry, storage or workshop and has an easy entrance from the back

    Don Griffin Griffin Realty Holdings LLC

    925 W 2nd St, Bloomington, IN 47403
  • /41

    $750,000

    • 3 Beds
    • 2.5 Baths
    • 5,788 Sq Ft

    403 W Kirkwood Ave, Bloomington, IN 47404

    Located just two blocks from the Courthouse Square in downtown Bloomington, this iconic 1895 Victorian landmark-known as the Batman House-was built by John Waldron, Sr. as a wedding gift for his daughter and son-in-law, Ira C. Batman. Designed by architect John Nichols, the home blends French Second Empire, Queen Anne, and Romanesque Revival styles and features an extraordinary use of Indiana

    Brian Sample RE/MAX Acclaimed Properties

    403 W Kirkwood Ave, Bloomington, IN 47404
  • /35

    $495,000

    • 5 Beds
    • 4.5 Baths
    • 2,485 Sq Ft

    339 S Fairview St, Bloomington, IN 47403

    Welcome to 339 S Fairview Street — a thoughtfully updated 5-bedroom, 4.5-bathroom home that effortlessly blends 19th-century charm with 21st-century convenience. Nestled in the historic Prospect Hill neighborhood just blocks from downtown and the B-Line Trail, this beautifully renovated property offers over 2,400 square feet of flexible living space—perfect for multi-household living, investors,

    Theresa Sicinski RE/MAX Acclaimed Properties

    339 S Fairview St, Bloomington, IN 47403

Why Live in Prospect Hill

Prospect Hill in Bloomington, Indiana, is a historic neighborhood populated by homes that date back to the turn of the 20th century, with some predating the Civil War. Architectural styles include gabled-ell houses, Craftsman bungalows, Queen Annes, along with ornate Mansard and Elizabethan Revivals. The area is characterized by its mature tree canopy and street murals, such as the pollen-themed painting at Fairview and Howe Streets. Building Trades Park, the neighborhood's main green space, offers a playground and basketball courts. The park also hosts annual community picnics. Rose Hill Cemetery has a peaceful walking area, and the 3-mile B-Line Trail is popular among bikers and joggers. The WonderLab Science Museum nearby has interactive exhibits for children. Prospect Hill is just a few blocks from downtown Bloomington, but it has its own local shops and restaurants, including Rainbow Bakery and Juannita’s. Downtown nightlife options include Crazy Horse, the Alley Bar, and Tap Bloomington. The neighborhood is close to major city events like the Lotus World Music and Arts Festival. Transportation options include bike routes, Bloomington Transit buses, and Interstate 69. Students in Prospect Hill attend highly rated schools, including Tri-North Middle School and Bloomington High School North, both known for their strong academic programs and extracurricular activities.

Frequently Asked Questions

Is Prospect Hill a good place to live?
Prospect Hill is a good place to live. Prospect Hill is considered fairly walkable and very bikeable with some transit options. Prospect Hill has 4 parks for recreational activities. It has a median age of 30. The average household income is $72,051 which is below the national average. College graduates make up 64.6% of residents. A majority of residents in Prospect Hill are renters, with 76.3% of residents renting and 23.7% of residents owning their home. A local real estate agent serving Prospect Hill can help you decide if this neighborhood is the right one for you. Learn more on our Prospect Hill neighborhood guide.
Is Prospect Hill, IN a safe neighborhood?
Prospect Hill, IN is less safe than the average neighborhood in the United States. It received a crime score of 7 out of 10.
How much do you need to make to afford a house in Prospect Hill?
The median home price in Prospect Hill is $354,950. If you put a 20% down payment of $71,000 and had a 30-year fixed mortgage with an interest rate of 6.1%, your estimated principal and interest payment would be $1,720 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $74K a year to afford the median home price in Prospect Hill. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Prospect Hill is $72K.
What are the best public schools in Prospect Hill?
The best public schools that serve Prospect Hill are:
What are the best private schools in Prospect Hill?
The best private schools that serve Prospect Hill are:
What are the most popular zip codes in Prospect Hill, Bloomington, IN?
The most popular zip codes in Prospect Hill, Bloomington, IN include 47403, 47401, 47404, 47408 and 47429.
What are the most popular neighborhoods near Prospect Hill, Bloomington, IN?
The most popular neighborhoods near Prospect Hill, Bloomington, IN are Bryan Park, Prospect Hill, Elm Heights, Old Northeast and Broadview.

Home Trends in Prospect Hill, IN

Housing Trends

Median Sale Price
$335,000
Median Single Family Sale Price
$322,000
Median Townhouse Sale Price
$524,500
Median 2 Bedroom Sale Price
$351,200
Average Price Per Sq Ft
$235
Number of Homes for Sale
4
Last 12 months Home Sales
13
Months of Supply
3.70
Median List Price
$354,950
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
22%
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