$292,000
OPEN SUN 11:30AM - 1:30PM $12K PRICE INCREASE

1502 S College Ave Bloomington, IN 47403

Estimated payment $1,696/month

Total Views 21,165
3 Beds
1 Bath
1,449 Sq Ft
$202 Price per Sq Ft

Highlights

  • Craftsman Architecture
  • Wood Flooring
  • Stone Countertops
  • Jackson Creek Middle School Rated A
  • Corner Lot
  • Covered Patio or Porch

About This Home

**OPEN HOUSE: Sunday, September 21st, from 11:30 AM to 2:00 PM.** The seller is offering a **$8,500 concession! ** This charming 1,449-square-foot home features 3 bedrooms and 1 bathroom. The property has an updated kitchen and bath, a waterproofed basement (also 1,449 square feet), a new roof, and attic insulation improved to R-42. The fireplace has been converted to gas logs for your convenience Additional highlights include new, easy-to-care-for LVT flooring (with hardwood underneath), as well as a new furnace and air conditioning system installed in 2021. Both the interior and exterior were freshly painted in 2024. Zoned ME Mixed-use Employment Mixed Uses: Airbnb, Real Estate Office, Law Office, Restaurant, Rental Property. Don't miss out on this opportunity! This bright and airy home, designed in the Arts & Crafts style, offers flexible living options with the choice of two bedrooms plus an office or three bedrooms. It features a full bathroom equipped with a jetted tub. Recent major updates have been completed within the last 90 days, including waterproofing and painting the basement, which has added 1,400 square feet of usable space. The fireplace has been upgraded to gas-burning logs with a remote control. For energy efficiency, the attic has been re-insulated with blown-in cellulose to an R-42+ rating. Additional upgrades include a high-efficiency furnace (installed in 2022), a Samsung induction range with a convection oven, a new LG microwave and dishwasher, and a GE energy-efficient French door refrigerator. The roof was replaced last fall with dimensional shingles, and the interior and exterior of the house have been repainted. Smart devices have also been installed, allowing you to control lights, plugs, and the thermostat from your phone or through Alexa and Google. Hardwood floors under Luxury Vinyl Tile. The property is zoned ME (mixed-use employment), making it suitable for various businesses that benefit from foot traffic, such as a beauty salon, tattoo parlor, accountant's or attorney's office, rental property, or Airbnb setup. The owner is willing to sell the property along with the furnishings, as they are relocating abroad. Additionally, there is potential to convert the home into a duplex. Conveniently located, the property is just 2 miles from College Mall and approximately 5 miles from the West Side Shopping area, which includes Lowe's, Menards, and Walmart. The downtown entertainment district and Indiana University campus

Listing Agent

John Saunders

Saunders & Associates Brokerage Email: saunders@saundersnassociates.com Listed on: 07/31/2025

Open House Schedule

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,682

Year Built

  • Built in 1936

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66'x132'
  • Landscaped
  • Corner Lot
  • Level Lot
  • Property is zoned ME - Mixed-Use Employment, ME Look in documents above.

Home Design

  • Craftsman Architecture
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1-Story Property
  • Wired For Data
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Living Room with Fireplace
  • Washer and Electric Dryer Hookup

Kitchen

  • Electric Oven or Range
  • Stone Countertops

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower
  • Garden Bath

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Video Cameras
  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • Gravel Driveway
  • Off-Street Parking

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Heating System Uses Gas
  • Smart Home Wiring
  • Cable TV Available

Additional Features

  • Energy-Efficient HVAC
  • Covered Patio or Porch
  • Suburban Location

Community Details

  • Southwest Bloomington City Subdivision

Listing and Financial Details

  • Assessor Parcel Number 53-08-09-207-015.000-009
  • $7,500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,682

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1936
  • Age: 89
  • Style: One Story
  • Architectural Style: Craftsman
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: RAILROAD PARK LOT 18
  • Parcel Number ID: 53-08-09-207-015.000-009
  • Platted: Yes
  • Amenities: Cable Available, Cable Ready, Ceiling-9+, Ceiling Fan(s), Countertops-Stone, Detector-Smoke, Dryer Hook Up Electric, Jet/Garden Tub, Landscaped, Near Walking Trail, Patio Open, Porch Covered, Range/Oven Hook Up Elec, Storm Doors, Storm Windows, Wiring-Data, Wiring-Smart Home, Alarm System-Sec. Cameras, Tub/Shower Combination, Sump Pump, Washer Hook-Up
  • Cross Street: Hillside & College
  • Improvmnts In Last5 Yrs: Yes
  • Inside City Limits: Yes
  • Location: City/Town/Suburb, Near College Campus, Near Walking Trail
  • Zoning Description: ME Look in documents above.
  • Year Taxes Payable: 23 pay 24
  • Special Features: OpenHouse
  • Stories: 1

Interior Features

  • Total Sq Ft: 2898
  • Total Finished Sq Ft: 1449
  • Above Grade Finished Sq Ft: 1449
  • Below Grade Sq Ft: 1449
  • Price Per Sq Ft: 201.52
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Laminate
  • Living Great Room: Dimensions: 20x13, On Level: Main
  • Kitchen: Dimensions: 12x10, On Level: Main
  • Family Room: Dimensions: 13x12
  • Bedroom 1: Dimensions: 14x11, On Level: Main
  • Bedroom 2: Dimensions: 11x11, On Level: Main
  • Bedroom 3: Dimensions: 12x11, On Level: Main
  • Main Level Sq Ft: 1449
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1449

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Asphalt
  • Outbuilding1: None

Garage/Parking

  • Driveway: Gravel
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Water Company: Bloomington City Utility
  • Cable Company: Comcast/Xfinity
  • Hvac: High Efficiency Furnace

Schools

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

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 66'X132'
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2
  • Lot Number: 18

Green Features

  • Energy Efficient: HVAC

Tax Info

  • Annual Taxes: 1682
  • Exemptions: Homestead, Mortgage

MLS Schools

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

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2024 $2,639 $185,600 $63,800 $121,800
2023 $3,517 $184,300 $63,800 $120,500
2022 $1,558 $171,700 $63,800 $107,900
2021 $1,214 $142,600 $44,000 $98,600
2020 $992 $126,200 $33,000 $93,200
2019 $938 $120,500 $27,300 $93,200
2018 $871 $115,000 $25,400 $89,600
2017 $851 $113,500 $25,400 $88,100
2016 $832 $113,500 $25,400 $88,100
2014 $550 $91,800 $25,400 $66,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2025 09/17/25 Price Changed $292,000 -1.4% $202 / Sq Ft
09/03/2025 09/03/25 Price Changed $296,000 +5.8% $204 / Sq Ft
08/25/2025 08/25/25 Price Changed $279,899 0.0% $193 / Sq Ft
08/11/2025 08/11/25 Price Changed $279,900 -0.9% $193 / Sq Ft
08/06/2025 08/06/25 Price Changed $282,500 -0.9% $195 / Sq Ft
07/31/2025 07/31/25 Price Changed $285,000 +1.8% $197 / Sq Ft
07/31/2025 07/31/25 For Sale $280,000 -- $193 / Sq Ft
Source: Indiana Regional MLS

Source: Indiana Regional MLS

MLS Number: 202530095

Indiana Regional MLS

APN: 53-08-09-207-015.000-009