$615,000
$103K PRICE DROP

424 E Cottage Grove Ave Bloomington, IN 47408

Old Northeast Neighborhood

Estimated payment $4,086/month

Total Views 4,442
4 Beds
2 Baths
1,512 Sq Ft
$407 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Level Lot
  • University Elementary School Rated A
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

Charming 4-bedroom, 2-bath property in one of Bloomington’s most sought-after rental corridors. Leased at $4,250/month through July 2026, with rent increasing to $4,675/month from August 2026–July 2027. With consistent demand and redevelopment potential, this is a solid piece of a high-performing portfolio. Must be purchased with 422 E Cottage Grove and 609 N Dunn.

Listing Agent

Jeff Brawley

Brawley Real Estate Brokerage Phone: 844-254-7368 Listed on: 09/24/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,336

Year Built

  • Built in 1899

Lot Details

  • 3,049 Sq Ft Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Bungalow
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Schools

  • University Elementary School
  • Tri-North Middle School
  • Bloomington North High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Northeast Bloomington City Subdivision

Listing and Financial Details

  • The owner pays for building insurance, tax
  • Assessor Parcel Number 53-05-33-210-087.000-005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,336

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1899
  • Style: One Story
  • Architectural Style: Bungalow, Traditional
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: COTTAGE GROVVE PT LOT 14
  • Parcel Number ID: 53-05-33-210-087.000-005
  • Platted: Yes
  • Amenities: Basement
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 3024
  • Total Finished Sq Ft: 1512
  • Above Grade Finished Sq Ft: 1512
  • Below Grade Sq Ft: 1512
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Block
  • Flooring: Mixed, Wood
  • Total Below Grade Sq Ft: 1512
  • Number Of Disposals: 1
  • Number Of Microwaves: 1
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Vinyl
  • Stories: 1

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Of W D Hookups: 1

Schools

  • Elementary School: University

Lot Info

  • Lot Description: Level
  • Lot Dimensions: .07
  • Estimated Lot Sq Ft: 3049
  • Estimated Lot Size Acres: 0.07
  • Lot Number: 14

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Tax
  • Tenant Pays: Electric, Heating, Sewer, Trash Collection, Water

Tax Info

  • Annual Property Tax: 10336.46

Multi Family

  • Number Of Dishwashers: 1
  • Number Of Dryers: 1
  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Number Of Washers: 1
  • Number Of 4 Bedrooms: 1

MLS Schools

  • High School: Bloomington North
  • Middle School: Tri-North
  • School District: Monroe County Community School Corp.

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 $11,945 $377,600 $107,800 $269,800
2023 $3,817 $359,800 $103,700 $256,100
2022 $6,767 $333,500 $103,700 $229,800
2021 $6,272 $301,900 $71,300 $230,600
2020 $5,885 $285,200 $64,800 $220,400
2019 $5,997 $285,200 $64,800 $220,400
2018 $5,745 $272,600 $62,800 $209,800
2017 $5,686 $269,200 $62,800 $206,400
2016 $5,715 $275,000 $62,800 $212,200
2014 $5,517 $264,500 $62,800 $201,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2025 11/13/25 Price Changed $615,000 -14.3% $407 / Sq Ft
09/24/2025 09/24/25 For Sale $718,000 0.0% $475 / Sq Ft
09/18/2014 09/18/14 Rented $3,100 +3.3% --
09/18/2014 09/18/14 Under Contract -- -- --
06/11/2014 06/11/14 For Rent $3,000 -- --
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $676,000 Future Advance Clause Open End Mortgage
Previous Owner $205,300 New Conventional
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202538690

Indiana Regional MLS

APN: 53-05-33-210-087.000-005

Indiana Monroe County Bloomington 47408 Old Northeast

424 E Cottage Grove Ave, Bloomington, IN

For Sale

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 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.

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Jeff Brawley
Listing Agent
Jeff Brawley
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Brawley Real Estate
(812) 594-8202