$225,000

5988 E State Road 45 Bloomington, IN 47408

Estimated payment $1,265/month

Total Views 362
3 Beds
2.5 Baths
1,600 Sq Ft
$141 Price per Sq Ft

Highlights

  • Popular Property
  • Partially Wooded Lot
  • Concrete Flooring
  • Senior Community
  • Central Air
  • Wood Siding

About This Home

This 1950-built ranch over a full basement offers nearly 3,000 square feet of opportunity in a solid, well-built home with great bones. Featuring a classic floorplan, spacious rooms, and a sturdy structure, this property is ready for a full cosmetic makeover to unlock its true value. Whether you’re an experienced investor, a contractor, or a visionary homeowner, the possibilities are endless. Bring your tools, creativity, and vision—this is your chance to transform a timeless 1950s build into a modern showpiece. Being sold as-is.

Listing Agent

John McCormack

RE/MAX Acclaimed Properties Brokerage Phone: 470-334-0037 Listed on: 08/13/2025

RE/MAX Acclaimed Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $468

Year Built

  • Built in 1950

Lot Details

  • 0.88 Acre Lot
  • Partially Wooded Lot

Home Design

  • Wood Siding
  • Stone Exterior Construction

Interior Spaces

  • 1-Story Property
  • Concrete Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms

Partially Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Block Basement Construction
  • 2 Bathrooms in Basement

Parking

  • 2 Parking Spaces
  • Private Parking
  • Gravel Driveway
  • Paved Parking

Location

  • Suburban Location

Schools

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

Utilities

  • Central Air
  • Septic System

Community Details

  • Senior Community
  • Northeast Monroe County Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 53-06-18-300-026.000-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$468

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1950
  • Age: 75
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: 003-16250-00 Pt SW SW 18-9-1E (0.40 Ac.) Plat 45 & 003-16260-00 Pt SW SW 18-9-1E (0.40 Ac.) Plat 50
  • Parcel Number ID: 53-06-18-300-026.000-003
  • Platted: Yes
  • Amenities: Basement
  • Location: City/Town/Suburb
  • Year Taxes Payable: 2025
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 2712
  • Total Finished Sq Ft: 1600
  • Above Grade Finished Sq Ft: 1600
  • Below Grade Sq Ft: 1112
  • Price Per Sq Ft: 140.63
  • Basement: Yes
  • Basement Foundation: Partial Basement, Walk-Out Basement, Outside Entrance
  • Basement Material: Block
  • Flooring: Concrete
  • Main Level Sq Ft: 1600
  • Number Below Grade Bathrooms: 2
  • Total Below Grade Sq Ft: 1112
  • Number Of Disposals: 1
  • Number Of Microwaves: 1
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Stone, Wood
  • Stories: 1

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 2
  • Parking: Paved, Private

Utilities

  • Cooling: Central Air
  • Heating Fuel: Conventional
  • Sewer: Septic
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Water Company: BBP
  • Number Of W D Hookups: 1

Schools

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

Lot Info

  • Lot Description: Partially Wooded, 0-2.9999
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 38333
  • Estimated Lot Size Acres: 0.88

Rental Info

  • Owner Pays: Cooling, Electric, Heating, Lawn Maintenance, Sewer, Snow Removal, Tax, Trash Collection, Water

Tax Info

  • Exemptions: Homestead, Over 65
  • Annual Property Tax: 468.34

Multi Family

  • Gross Monthly Rent: 468.34
  • Number Of Dishwashers: 1
  • Number Of Dryers: 1
  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Number Of Washers: 1
  • Number Of 3 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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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 $468 $189,300 $34,700 $154,600
2023 $472 $171,800 $26,400 $145,400
2022 $377 $149,200 $26,400 $122,800
2021 $446 $139,200 $26,400 $112,800
2020 $438 $141,900 $26,400 $115,500
2019 $391 $123,400 $19,800 $103,600
2018 $384 $111,400 $19,800 $91,600
2017 $519 $108,300 $19,800 $88,500
2016 $491 $106,000 $19,800 $86,200
2014 $1,327 $101,600 $19,800 $81,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2025 08/13/25 For Sale $225,000 -- $141 / Sq Ft
Source: Indiana Regional MLS

Mortgage History

Date Status Loan Amount Loan Type
Closed $57,000 Unknown
Source: Public Records

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Source: Indiana Regional MLS

MLS Number: 202532081

Indiana Regional MLS

APN: 53-06-18-300-026.000-003