$239,900

Estimated payment $1,711/month

Total Views 5,910
5 Beds
2 Baths
2,082 Sq Ft
$115 Price per Sq Ft

Highlights

  • Corner Lot
  • Covered Patio or Porch
  • 1-Story Property
  • Tri-North Middle School Rated A
  • Bungalow

About This Home

Exceptional Investment Opportunity – Two Homes, One Lot! Measurements and room counts are for both homes. Rare opportunity to own two income-producing homes for the price of one! 614 W 12th Street and 714 N Fairview are adjacent properties situated on a single city lot at the corner of 12th and Fairview—just minutes from downtown Bloomington, Indiana University, and local shopping and dining. Each home carries a valid HAND occupancy permit allowing up to three unrelated adults (614 W 12th valid through March 2, 2026, and 714 N Fairview valid through June 21, 2026), offering strong rental potential. 614 W 12th Street: Two spacious bedrooms, one full bath, and an unfinished basement. Currently under-rented to long-term tenants at $550/month until July1, 2026 leaving room for significant upside. 714 N Fairview: Three bedrooms, one full bath, and an unfinished basement. Currently rented for $800/month until July 15, 2026. With dependable tenants in place, solid rental potential, and potential for increased cash flow, this property represents an excellent opportunity for investors seeking steady income, future appreciation, or the flexibility to live in one home while renting the other.

Listing Agent

Alice Chastain

RE/MAX Acclaimed Properties Brokerage Phone: 812-322-6256 Listed on: 10/08/2025

RE/MAX Acclaimed Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,322

Year Built

  • Built in 1899

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 132 x72
  • Corner Lot
  • Property is zoned R3 - Residential Small Lot

Home Design

  • Bungalow

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Parking

  • Driveway
  • Off-Street Parking

Schools

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

Additional Features

  • Covered Patio or Porch
  • Suburban Location
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 53-05-32-113-024.000-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,322

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1899
  • Style: One Story
  • Architectural Style: Bungalow
  • Bedrooms: 5
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: MAPLE HEIGHTS LOT 9
  • Parcel Number ID: 53-05-32-113-024.000-005
  • Platted: Yes
  • Amenities: Near Walking Trail, Porch Covered
  • Cross Street: Fairview
  • Inside City Limits: Yes
  • Location: City/Town/Suburb, Near College Campus, Near Walking Trail
  • Road Access: City
  • Road Surface: Asphalt
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 3620
  • Total Finished Sq Ft: 2082
  • Above Grade Finished Sq Ft: 2082
  • Below Grade Sq Ft: 1538
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Block
  • Living Great Room: Dimensions: 13x11, On Level: Main
  • Kitchen: Dimensions: 14x13, On Level: Main
  • Bedroom 1: Dimensions: 14x11, On Level: Main
  • Bedroom 2: Dimensions: 25x11, On Level: Upper
  • Bedroom 3: Dimensions: 14x14, On Level: Main
  • Bedroom 4: Dimensions: 15x7, On Level: Main
  • Bedroom 5: Dimensions: 14x9, On Level: Main
  • Main Level Sq Ft: 1718
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1538

Exterior Features

  • Outbuilding1: Shed, Dimensions: 44x20, 880

Garage/Parking

  • Off Street Parking: Yes

Utilities

  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City

Schools

  • Elementary School: Fairview

Lot Info

  • Lot Description: Corner, 0-2.9999
  • Lot Dimensions: 132 x72
  • Estimated Lot Sq Ft: 9583
  • Estimated Lot Size Acres: 0.22
  • Lot Number: 9

Tax Info

  • Annual Taxes: 5322.12

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 $5,322 $259,400 $71,100 $188,300
2023 $5,100 $240,400 $66,400 $174,000
2022 $4,338 $213,800 $57,800 $156,000
2021 $3,623 $174,400 $39,300 $135,100
2020 $3,496 $169,400 $34,700 $134,700
2019 $3,320 $157,900 $34,700 $123,200
2018 $3,151 $149,500 $34,100 $115,400
2017 $3,115 $147,500 $34,100 $113,400
2016 $2,833 $136,300 $34,100 $102,200
2014 $2,989 $143,300 $34,100 $109,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2025 10/08/25 For Sale $239,900 -- $115 / Sq Ft
Source: Indiana Regional MLS

Source: Indiana Regional MLS

MLS Number: 202540730

Indiana Regional MLS

APN: 53-05-32-113-024.000-005