NOT LISTED FOR SALE

1316 S Walnut St Bloomington, IN 47401

Bloomington Area

Estimated Value: $271,000 - $297,000

4 Beds
2 Baths
1,360 Sq Ft
$212/Sq Ft Est. Value

Sale Details

Date Sold: October 15, 2024

Last sale price $288,000 $212 Per Sq Ft

Current estimated payment $1,671 / mo

61 Days on Market

Highlights

  • Bungalow
  • 1-Story Property
  • Central Air
  • Jackson Creek Middle School Rated A

About This Home

As of October 2024

Discover a unique investment opportunity in the heart of Bloomington, just steps away from Indiana University campus, Switchyard Park, and vibrant downtown. This exceptional property offers two homes for the price of one: a charming three-bedroom, one-bath main residence and a 260 sq. ft. tiny home, currently rented and generating immediate income. The main house boasts beautifully refinished hardwood floors, elegant arched doorways, and classic trim that showcase its unique character. Behind it, the cozy one-bedroom, one-bath tiny home (requiring 24-hour notice for viewings) provides additional rental potential. Whether you're looking to offset your mortgage, create a guest house, or maximize your real estate portfolio, this versatile property delivers value in a prime location. Don't miss this rare chance to invest in one of Bloomington's most desirable areas – schedule your viewing today and experience the potential of this distinctive property firsthand.

Last Agent to Sell the Property

Angie Lamb

Keller Williams - Indy Metro South LLC Brokerage Email: scott@indymetrohomes.com Listed on: 07/03/2024

Keller Williams - Indy Metro South LLC

Last Buyer's Agent

Lisa Patrick

Brawley Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,386

Year Built

  • Built in 1925

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 45x42

Parking

  • Off-Street Parking

Home Design

  • Bungalow
  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Templeton Elementary School
  • Jackson Creek Middle School
  • Bloomington South High School

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 53-01-53-245-000.000-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,386

Year Built

Built in 1925

Lot Details

1,742 Sq Ft Lot

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1925
  • Style: One Story
  • Architectural Style: Bungalow
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 015-32450-00 CAZEE PT LOT 4 and 015-32460-00 CAZEE PT LOT 4
  • Parcel Number ID: 53-01-53-245-000.000-009
  • Platted: Yes
  • Parcel Id2: 53-08-04-311-021.000-009
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2452
  • Total Finished Sq Ft: 1360
  • Above Grade Finished Sq Ft: 1360
  • Below Grade Sq Ft: 1092
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Bedroom 1: Dimensions: 13x9, On Level: Main
  • Bedroom 2: Dimensions: 12x9, On Level: Main
  • Bedroom 3: Dimensions: 11x9, On Level: Main
  • Bedroom 4: Dimensions: 10x10, On Level: Main
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1092

Exterior Features

  • Exterior: Aluminum, Brick
  • Outbuilding1: None

Garage/Parking

  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City

Schools

  • Elementary School: Templeton

Lot Info

  • Lot Dimensions: 45x42
  • Estimated Lot Sq Ft: 1742
  • Estimated Lot Size Acres: 0.04

Tax Info

  • Annual Taxes: 2385.92
  • Exemptions: Homestead, Supplemental

MLS Schools

  • High School: Bloomington South
  • Middle School: Jackson Creek
  • School District: Monroe County Community School Corp.

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2024
Closed on
Oct 11, 2024
Sold by
Bought by
Seller's Agent
Angie Lamb
Keller Williams - Indy Metro South LLC
Buyer's Agent
Lisa Patrick
Brawley Real Estate
List Price
$300,000
Sold Price
$288,000
Premium/Discount to List
-$12,000
-4%
Views
59
Current Estimated Value
$287,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$293
Avg. Annual Appreciation
-0.06%

Purchase Details

Closed on
Aug 31, 2022
Sold by
Bought by

Purchase Details

Closed on
May 6, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
0.033%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
0.037%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 7, 2018
Sold by
Bought by

Purchase Details

Closed on
Dec 28, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$852,000
Interest Rate
0.0627%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$288,000 Title Alliance Of Indy Metro L
$259,000 Lenders Escrow And Title Servi
-- None Available
$129,900 Salem Title Corp
$215,000 John Bethell Title Company Inc
$215,000 --
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $171,000
Previous Owner $1,500,000
Previous Owner $852,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/15/2024 10/15/24 Sold $288,000 -2.4% $212 / Sq Ft
08/07/2024 08/07/24 Price Changed $295,000 -1.7% $217 / Sq Ft
07/03/2024 07/03/24 For Sale $300,000 -- $221 / Sq Ft
Source: Indiana Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,096 $146,600 $29,200 $117,400
2024 $1,359 $157,100 $29,200 $127,900
2023 $574 $141,000 $29,200 $111,800
2022 $986 $126,900 $26,600 $100,300
2021 $842 $114,100 $23,900 $90,200
2020 $926 $121,100 $23,900 $97,200
2019 $2,229 $106,000 $14,900 $91,100
2018 $2,171 $103,000 $14,900 $88,100
2017 $2,144 $101,500 $14,900 $86,600
2016 $2,069 $99,700 $14,900 $84,800
2014 $2,086 $100,200 $14,900 $85,300
Source: Public Records

Agents Affiliated with this Home

  • Angie Lamb

    Seller's Agent in 2024

    Angie Lamb

    Keller Williams - Indy Metro South LLC

    (812) 322-2967

    23 Total Sales

    Angie Lamb
    Section Image

  • L

    Buyer's Agent in 2024

    Lisa Patrick

    Brawley Real Estate

    (812) 325-1234

    17 Total Sales

    Lisa Patrick
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202424804

Indiana Regional MLS

APN: 53-01-53-245-000.000-009

Indiana Monroe County Bloomington 47401

1316 S Walnut St, Bloomington, IN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Based on information submitted to the MLS GRID

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