
4977 E State Road 46 Bloomington, IN 47401
Estimated payment $3,268/month
Highlights
- Partially Wooded Lot
- 2 Fireplaces
- Forced Air Heating and Cooling System
- University Elementary School Rated A
- 1-Story Property
- Level Lot
About This Home
Two Homes. One Incredible Opportunity. Welcome to a one-of-a-kind property offering not one, but two fully renovated homes on a single parcel—just minutes from all that Bloomington has to offer. Whether you're looking for a multi-generational setup, a primary home with guest space, or a smart investment opportunity, this property checks every box. Home One is a beautifully updated 3-bedroom, 2-bath residence featuring a brand new roof, new HVAC system, and a stunning open-concept kitchen with quartz countertops. Luxury bathrooms, updated flooring, fresh paint, and modern cabinetry complete the home’s crisp, contemporary feel. Just 200 feet away sits Home Two, a converted barn turned high-end retreat. The upper level offers 1 bedroom, 1 bath, and an open-concept kitchen and living area with new floors, cabinets, and paint. The lower level is a creative flex space—complete with polished concrete floors, panoramic windows overlooking the forest, and a potential office or second bedroom setup. Two covered decks provide plenty of room for entertaining, relaxing, or hosting unforgettable gatherings. Rent this home to pay for your primary? This is more than a home—it’s a lifestyle and an opportunity. Don’t miss it.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,683
Year Built
- Built in 1930
Lot Details
- 1 Acre Lot
- Level Lot
- Irregular Lot
- Partially Wooded Lot
Home Design
- Brick Foundation
- Slab Foundation
- Poured Concrete
- Wood Siding
- Block Exterior
- Vinyl Construction Material
Interior Spaces
- 1-Story Property
- 2 Fireplaces
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Basement
- Block Basement Construction
- Crawl Space
Schools
- University Elementary School
- Tri-North Middle School
- Bloomington North High School
Utilities
- Forced Air Heating and Cooling System
- Cooling System Mounted In Outer Wall Opening
- Heating System Uses Wood
- Septic System
Listing and Financial Details
- Assessor Parcel Number 53-05-36-400-021.000-004
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 | $2,666 | $180,000 | $52,000 | $128,000 |
2023 | $2,683 | $173,200 | $50,000 | $123,200 |
2022 | $2,420 | $166,500 | $50,000 | $116,500 |
2021 | $1,535 | $99,300 | $45,000 | $54,300 |
2020 | $1,525 | $94,100 | $40,000 | $54,100 |
2019 | $1,303 | $83,800 | $30,000 | $53,800 |
2018 | $1,348 | $83,700 | $30,000 | $53,700 |
2017 | $1,346 | $83,100 | $30,000 | $53,100 |
2016 | $1,559 | $83,100 | $30,000 | $53,100 |
2014 | $1,200 | $82,200 | $30,000 | $52,200 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/22/2025 07/22/25 | Price Changed | $550,000 | -8.2% | $159 / Sq Ft |
06/24/2025 06/24/25 | For Sale | $599,000 | +399.2% | $173 / Sq Ft |
10/03/2024 10/03/24 | Sold | $120,000 | 0.0% | $42 / Sq Ft |
07/31/2024 07/31/24 | For Sale | $120,000 | -58.8% | $42 / Sq Ft |
08/25/2023 08/25/23 | Sold | $291,000 | -3.0% | $70 / Sq Ft |
07/27/2023 07/27/23 | Pending | -- | -- | -- |
07/25/2023 07/25/23 | For Sale | $300,000 | -- | $72 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $120,000 | Title Alliance Of Indy Metro L | |
Deed | $291,000 | Title Alliance Of Indy Metro |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $29,300 | New Conventional | |
Previous Owner | $91,500 | Unknown | |
Previous Owner | $62,000 | New Conventional |
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Source: Indiana Regional MLS
MLS Number: 202522459

APN: 53-05-36-400-021.000-004
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