$1,200,000

542 S Walnut St Bloomington, IN 47401

Estimated payment $8,178/month

Total Views 14,281
0.66 Acre
$1,818,182 Price per Acre
28,750 Sq Ft Lot

About This Lot

GREAT DOWNTOWN LOCATION just South of the Square and the Post Office that sits in between Walnut and College. This rare 2/3 acre downtown parcel includes 100' of frontage on Walnut and 100' of frontage on College Avenue. It is zoned Mixed Use Downtown, which allows Multi-Family and/or Commercial. *Listing agent is part owner of this property.*

Listing Agent

James Regester

RE/MAX Realty Professionals Brokerage Phone: 812-323-1231 Listed on: 06/14/2024

RE/MAX Realty Professionals

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $18,607

Lot Details

  • 0.66 Acre Lot
  • Lot Dimensions are 288.75' x 100
  • Property fronts an easement
  • Finished Lot(s)
  • The community has rules related to zoning restrictions
  • Property is zoned MD - Mixed-Use Downtown, Multi-Family/Commerical

Parking

  • Driveway

Location

  • City Lot

Schools

  • Rogers/Binford Elementary School
  • Jackson Creek Middle School
  • Bloomington South High School

Community Details

  • Southeast Bloomington City Subdivision

Listing and Financial Details

  • Assessor Parcel Number 53-08-04-215-009.000-009

Property Details

Property Type

Land

Est. Annual Taxes

$18,607

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Commercial Land
  • Legal Description: 015-25930-00 Monroe Co Comm Sch Pt Lots 3 & 6 N 100'
  • Parcel Number ID: 53-08-04-215-009.000-009
  • Platted: Yes
  • Cross Street: 1st & 2nd Streets
  • Inside City Limits: Yes
  • Location: City
  • Road Access: City
  • Road Surface: Asphalt
  • Zoning Description: Multi-Family/Commerical
  • Parcel Description: 0-2.9999
  • Restrictions: Zoning Restrictions
  • Platted Development: Yes
  • Type Use: Commercial, Multi-Family
  • Year Taxes Payable: 2024
  • Special Features: None

Exterior Features

  • Road Frontage: City

Utilities

  • Water Utilities: Available
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Water Company: Bloomington City Utility
  • Electricity Type: Available
  • Fuel Type: Available
  • Sewer Type: Available

Schools

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

Lot Info

  • Lot Dimensions: 288.75' x 100
  • Estimated Lot Sq Ft: 28750
  • Estimated Lot Size Acres: 0.66
  • Easements: Yes

Tax Info

  • Annual Taxes: 18606.88

MLS Schools

  • High School: Bloomington South
  • Middle School: Jackson Creek
  • 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 $4,864 $237,600 $237,600 $0
2023 $9,303 $879,300 $594,000 $285,300
2022 $17,996 $888,800 $594,000 $294,800
2021 $17,911 $864,100 $594,000 $270,100
2020 $17,841 $863,200 $594,000 $269,200
2019 $17,918 $848,300 $594,000 $254,300
2018 $17,886 $842,200 $594,000 $248,200
2017 $16,165 $761,800 $594,000 $167,800
2016 $15,812 $761,800 $594,000 $167,800
2014 $14,625 $702,400 $594,000 $108,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2024 06/14/24 For Sale $1,200,000 -- --
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Deed $900,000 Title Plus
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,160,000 Future Advance Clause Open End Mortgage
Previous Owner $1,087,000 Future Advance Clause Open End Mortgage
Previous Owner $1,070,000 Future Advance Clause Open End Mortgage
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202421867

Indiana Regional MLS

APN: 53-08-04-215-009.000-009