402 E 1st St Bloomington, IN 47401
Bryan Park NeighborhoodEstimated payment $4,714/month
Highlights
- Craftsman Architecture
- Wood Flooring
- Forced Air Heating and Cooling System
- Binford Elementary School Rated A
- Laundry in Utility Room
- Ceiling Fan
About This Home
Here's your chance to own a 1920's 5 bedroom, 3 bath investment property in the heart of Bloomington's Bryan Park/Elm Heights neighborhood. This classic craftsman home has the iconic front porch, leading you into a wide open living space with original windows, woodwork, and floors. Updated kitchen and full bathroom along with addition of laundry room in the last 2 years. Currently rented at $4750/month for 25-26 school year and $5,000/month for 26-27. Elusive 5 person HAND permit on file as well good until 5-28-28. This would be a great property to begin or add to your portfolio given its proximity to campus, the B-line Trail and downtown. Off street parking on the side of the house and a big, beautiful back yard make this one a must see.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,660
Year Built
- Built in 1920
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 55x150
- Level Lot
Home Design
- Craftsman Architecture
- Shingle Roof
- Wood Siding
Interior Spaces
- 2-Story Property
- Ceiling Fan
- Wood Flooring
- Laundry in Utility Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Stone or Rock in Basement
Parking
- 5 Parking Spaces
- Off-Street Parking
Schools
- Rogers/Binford Elementary School
- Jackson Creek Middle School
- Bloomington South High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Listing and Financial Details
- The owner pays for building insurance, lawn maintenance, tax
- Assessor Parcel Number 53-08-04-113-059.000-009
- Seller Concessions Not Offered
Community Details
Overview
- Bryan Park Subdivision
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Insurance Expense $1,466
Map
Home Values in the Area
Average Home Value in this Area
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 | $8,660 | $423,000 | $155,400 | $267,600 |
| 2023 | $4,432 | $418,900 | $155,400 | $263,500 |
| 2022 | $7,591 | $374,900 | $135,100 | $239,800 |
| 2021 | $6,507 | $313,900 | $118,000 | $195,900 |
| 2020 | $6,275 | $303,600 | $118,000 | $185,600 |
| 2019 | $6,029 | $286,700 | $75,100 | $211,600 |
| 2018 | $5,647 | $267,900 | $72,500 | $195,400 |
| 2017 | $5,272 | $249,600 | $72,500 | $177,100 |
| 2016 | $5,114 | $246,400 | $72,500 | $173,900 |
| 2014 | $4,980 | $239,200 | $66,500 | $172,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/03/2025 12/03/25 | For Sale | $768,000 | +56.7% | $313 / Sq Ft | |
| 11/15/2023 11/15/23 | Sold | $490,000 | -2.0% | $200 / Sq Ft | View Prior Sale |
| 09/18/2023 09/18/23 | Pending | -- | -- | -- | |
| 09/13/2023 09/13/23 | For Sale | $499,900 | 0.0% | $204 / Sq Ft | |
| 11/11/2021 11/11/21 | Rented | $2,900 | 0.0% | -- | |
| 11/03/2021 11/03/21 | For Rent | $2,900 | -3.3% | -- | |
| 10/24/2020 10/24/20 | Rented | $3,000 | +3.4% | -- | |
| 10/22/2020 10/22/20 | For Rent | $2,900 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $335,000 | -- | |
| Warranty Deed | $335,000 | John Bethell Title | |
| Warranty Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $200,000 | New Conventional | |
| Previous Owner | $235,000 | Future Advance Clause Open End Mortgage |
Source: Indiana Regional MLS
MLS Number: 202547902
APN: 53-08-04-113-059.000-009
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