$550,000
$65K PRICE DROP

4977 E State Road 46 Bloomington, IN 47401

Estimated payment $3,268/month

Total Views 17,310
4 Beds
3 Baths
3,460 Sq Ft
$159 Price per Sq Ft

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.

Listing Agent

Chris Berg

eXp Realty LLC Brokerage Phone: 812-318-0050 Listed on: 06/12/2025

eXp Realty LLC

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,683

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1930
  • Age: 95
  • Style: One Story
  • Total Number of Rooms: 10
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: 012-09910-00 PT SE SE 36-9-1W 1.00A
  • Parcel Number ID: 53-05-36-400-021.000-004
  • Platted: Yes
  • Improvmnts In Last5 Yrs: Yes
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 4080
  • Total Finished Sq Ft: 3460
  • Above Grade Finished Sq Ft: 3460
  • Above Grade Unfinished Sq Ft: 620
  • Price Per Sq Ft: 158.96
  • Basement Foundation: Crawl, Slab
  • Basement Material: Block, Brick, Poured Concrete
  • Number Of Fireplaces: 2
  • Fireplace: Family Rm
  • Fireplace: Yes
  • Bedroom 1: Dimensions: 14x12, On Level: Main
  • Bedroom 2: Dimensions: 11x12, On Level: Main
  • Bedroom 3: Dimensions: 12x11, On Level: Main
  • Bedroom 4: Dimensions: 9x11, On Level: Main
  • Number of Main Level Full Bathrooms: 3

Exterior Features

  • Exterior: Block, Vinyl, Wood
  • Outbuilding1: None

Utilities

  • Cooling: Central Air, Wall AC
  • Heating Fuel: Electric, Wood, Forced Air, Other Heating System
  • Sewer: Septic
  • Water Utilities: Public

Schools

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

Lot Info

  • Lot Description: Irregular, Level, Partially Wooded, Rolling, Slope
  • Estimated Lot Sq Ft: 43560
  • Estimated Lot Size Acres: 1

Tax Info

  • Annual Taxes: 2682.94

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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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 $2,666 $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
Source: Public Records

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
Source: Indiana Regional MLS

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
Source: Public Records

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
Source: Public Records

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Source: Indiana Regional MLS

MLS Number: 202522459

Indiana Regional MLS

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