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Prospect Hill

Prospect Hill

Neighborhood in Bloomington, Indiana

Monroe County 47403, 47404

$314,211 Average Value
$209 Average Price per Sq Ft
4 Homes For Sale

One of Bloomington’s earliest local historic districts

Prospect Hill carries the honor of being Bloomington’s first local historic district. Formally established on a hill in the 1890s, the neighborhood was once one of the city’s most affluent communities. Today, after a long resurgence, Prospect Hill offers potential residents' rich architectural diversity with proximity to art galleries, shops and downtown Bloomington’s dining scene. A few of the city’s significant historic sites also belong to this neighborhood. Among them is the Paris Dunning House, a restored red brick Greek Revival and Federal-style mansion that once served as the home to one of Bloomington’s early settlers and the Indiana governor. Angela Van Rooy, the city’s neighborhood services program manager, says Prospect Hill’s appeal is “definitely its historic character. There are a lot of cute houses of different scales. For people interested in historic preservation, it’s a huge draw. And the walkability is fantastic.”

From cottages to ornate Queen Anne homes

While many homes here date back to the turn of the 20th century, some — including the Paris Dunning House — were built years before the Civil War. Gabled-ell houses and cottages with pyramidal roofs are typical throughout Prospect Hill. Other styles include Craftsman bungalows, Queen Annes, Free Classics and ornate builds like Mansard and Elizabethan Revival. Residents here enjoy the community's mature tree canopy along Rogers Street’s and neighborhood street murals like the pollen-themed painting at Fairview and Howe streets. Prices can go from about $175,000 for a home that's less than 1,000-square-feet to $450,000 for a roughly 2,000-square-foot build.

Morning stops at Rainbow Bakery and within minutes of downtown

Although Prospect Hill is only a few blocks from downtown Bloomington, the neighborhood boasts its own corner of shops and dining staples. Morning commuters can pick up various treats and coffees at the Rainbow Bakery, which is hard to miss with its bright rainbow-colored sign hanging over its entrance. The cafe’s baked goods include an assortment of cupcakes, doughnuts and cakes. Nearby, Juannita’s is the go-to spot on this side of town for Mexican fare. Or for those looking for a night-time hangout, downtown has several watering holes to choose from including the Crazy Horse, the Alley Bar and Tap Bloomington. Kroger is one of the nearest chain grocery stores. “It’s so close to downtown, we walk to dinner regularly and to whatever else you want to do downtown,” says Glenda Murray, president of the Prospect Hill Neighborhood Association.

Basketball courts, playground and convenient access to B-Line Trail

The 2-acre Building Trades Park serves as the neighborhood’s main green space and its amenities include a playground and basketball courts. The park is also undergoing a massive renovation with planned additions like a futsal court. Nearby, the Rose Hill Cemetery is at once a peaceful burial site and a scenic green space that many use to walk. One of its tombstones marks a vacant grave for a Monroe County native who was a victim of the ill-fated Titanic. For bikers and joggers, there’s also the 3-mile B-Line Trail which passes through several neighborhoods on this end of town and stops at the new Switchyard Park about 1 mile south. For some time indoors, the WonderLab Science Museum offers educational and interactive exhibits for children.

STEM focus at Bloomington High School North

Students may start their educational journeys at Fairview Elementary School, which gets a B from the ratings site Niche. Students may then attend Tri-North Middle School and Bloomington High School North, both of which receive A grades from Niche. Tri-North Middle’s extracurricular activities include a jazz band. Bloomington High School North is also ranked by Niche as one of the 20 best schools in the state, reflecting the district’s focus on science and technology programming. The high school also offers drone-flying and competitive video gaming clubs.

Annual neighborhood picnics in Building Trades Park

Prospect Hill recently re-launched its annual picnics, which the neighborhood plans to continue running throughout late spring and early fall. The most recent picnic occurred in July 2024, when many neighbors gathered at the Building Trades Park pavilion to share dishes and mingle. “When we have them in the park, there’s the playground right there. For families with younger kids, we can all watch their kids play and still visit, with one another,” Murray says. Being a few minutes from downtown also puts the neighborhood close to some of the city’s biggest celebrations. Annual events include downtown’s Lotus World Music and Arts Festival, which takes place over several days each September.

Biker friendly and close to I-69

Prospect Hill has some bike routes that go to and from the downtown, and the Bloomington Transit buses also serve the area. The neighborhood is about 2 miles from Interstate 69, which goes to Indianapolis about 55 miles north. The Monroe County Airport is just outside Bloomington, but the facility mainly handles general aviation. City residents usually head to the Indianapolis International Airport for commercial flights. Prospect Hill previously neighbored the IU Health Bloomington Hospital before the medical institution moved to its new location off the Indiana State Road 45/46 bypass. However, the neighborhood remains close to several other medical practices around West Second Street.

Important to know

The neighborhood has an overall CAP Index crime score of 8 out of 10, or double the national average. Burglarly and larcecy incidents impact much of that score.

Yann Ranaivo
Written By
Yann Ranaivo
Zach Manwell
Photography Contributed By
Zach Manwell
Chris Freeman
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Chris Freeman

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Jeffrey Franklin, an experienced agent in this neighborhood.

Parks in this Area

Crime and Safety

1 - Low Crime, 10 - High Crime Prospect Hill US
Homicide 5 4
Sexual Assault 8 4
Assault with Weapon 4 4
Robbery 6 4
Burglary 10 4
Motor Vehicle Theft 6 4
Larceny 10 4
Crime Score 8 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$285,000
Median Single Family Price
$270,000
Median Townhouse Price
$495,000
Median 2 Bedroom Price
$330,000
Average Price Per Sq Ft
$209
Number of Homes for Sale
4
Last 12 months Home Sales
19
Months of Supply
2.50
Median List Price
$289,900
Median Discount From 1st List Price
5%
Median Home Sale Price YoY Change
5%

Home Facts

Number of Homes in Neighborhood
336
Median Year Built
1920
Avg. Single Family Home Size Sq Ft
1,413
Significantly below the national average
1,937
Average Townhouse Size Sq Ft
1,839
Average 2 Bedroom Size Sq Ft
1,421
Median Lot Size Sq Ft
6,534

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Jeffrey Franklin, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
1,296
Median Age
29
Population under 18
18.7%
Below the national average
23.8%
Population over 65
8.8%
Below the national average
19.1%

Finances

Median Household Income
$29,463
Significantly below the national average
$71,702
Average Household Income
$54,657

Education and Workforce

High School Graduates
94.6%
College Graduates
61.3%
Significantly above the national average
34.1%
Advanced Degrees
30.9%
Above the national average
13.3%
% Population in Labor Force
62%

Area Factors

Very Bikeable

Bike Score®

70 / 100

Somewhat Walkable

Walk Score®

63 / 100

Some Transit

Transit Score®

34 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Prospect Hill