1502 South College Avenue

Bloomington, IN 47403

$320,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This property is located in the "Mixed-Use Employment" zoning district of Bloomington, Indiana, ideal for a mix of office spaces and medium-scale multifamily developments. Currently, it features an office with a reception area and a two-bedroom, one-bath residence, equipped for computer networking and cable TV, with room for four telephone lines. This space is suitable for professionals like attorneys, accountants, and real estate brokers, or it can be used as a rental property or an Airbnb. Conveniently,...This property is located in the "Mixed-Use Employment" zoning district of Bloomington, Indiana, ideal for a mix of office spaces and medium-scale multifamily developments. Currently, it features an office with a reception area and a two-bedroom, one-bath residence, equipped for computer networking and cable TV, with room for four telephone lines. This space is suitable for professionals like attorneys, accountants, and real estate brokers, or it can be used as a rental property or an Airbnb. Conveniently, downtown Bloomington is just 1.5 miles away, the campus is 1.75 miles away, and College Mall is 2 miles away, making it an accessible location for getting around town. New Roof 08/2024, Exterior paint 08/2024 Interior paint 07/2024, Furnace and Central Air Conditioning 6 years old.
  1. Listed by John Saunders • Saunders & Associates

Property Details for 1502 South College Avenue

Subdivision
None
Waterfront
No
LISTING UPDATED: 11/05/2024 08:15 PM

Property Details for 1502 South College Avenue

StatusActive
MLS #202440936
Days on Market14
Taxes$1,682 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial / Mixed Use
Year Built1936
Lot Size20.00 AC / 871,200 SF
CountyMonroe County

Building Information for 1502 South College Avenue

Stories1Residences-Year Built1936Lot Size20.00 AC / 871,200 SF

Property Information for 1502 South College Avenue

Summary
Location and General Information
  • Area: Monroe County
  • City: Bloomington
  • Zip Code: 47403
  • State: IN
  • Township: Perry
  • Cross Street: Hillside & College
  • Geo Latitude: 39
  • Geo Longitude: -87
  • Road Access: City
  • Fips Code: 18105
  • Directions To Property: From the square: Take College Ave South to Hillside, Turn Right on Hillside and follow to the dead end, the property is on your left.
  • Location: City, Commercial
Taxes and HOA
  • Parcel Description: Corner
  • Annual Taxes: $1,682
  • Year Taxes Payable: 23 pay 24
  • Parcel Number Id: 53-08-09-207-015.000-009
Parking
  • Number Of Parking Spaces: 4
  • Parking: Gravel, Off-Street, Private, Public, Street
Property
Lot Information
  • Class: COMMERCIAL
  • Property Subtype: Mixed Use
  • Approx Lot Size Acres: 20.0
  • Lot Dimensions: 66X132
  • Approx Lot Size Sqft: 871200.0
Property and Assessments
  • New Construction: No
  • Year Built: 1936
  • Age: 88
  • Documents Available: LBP Form, Sellers Disclosure, None
  • Planned Unit Development: No
Green Features
  • Exemptions: Homestead, Mortgage
Utilities
  • Cable Company: Comcast
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Sewer: City
  • Water Company: Bloomington City Utility
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Exterior: Aluminum, Brick
  • Fence: None
  • Platted: Yes
  • Roof Material: Asphalt
Interior Features
  • Basement: Yes
  • Basement/Foundation: Full Basement, Unfinished
  • Cooling: Central Air
  • Flooring: Laminate
  • Heating/Fuel: Gas, Conventional, Forced Air
  • Stories: 1
Multi Family
Multi-Family Information
  • Number of Buildings: 1

Property History for 1502 South College Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1502 South College Avenue

Taxable ValueLand$63,800Additions$120,500Total$184,300
Tax Record2023$3,517 ($293 / month)
Home Facts
Beds4Baths1.5Total Finished SqFt1,449 SqFtAbove Grade Finished SqFt1,449 SqFtStories1Lot Size8,712 SqFtStyleSingle Family ResidenceYear Built1920Year Renovated1970CountyMONROEAPN53-08-09-207-015.000-009Fireplace TypeHas Fireplace

Schools near 1502 South College Avenue

This home is within Monroe County Com Sch Corp.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Templeton Elementary School
PublicPK to 6

Jackson Creek Middle School
Public7 to 8

Bloomington High School South
Public9 to 12

Bloomington Graduation School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1502 South College Avenue is a mixed use property for sale in Bloomington, IN 47403. This property was listed for sale on October 22, 2024 by Saunders & Associates, it's currently listed at $320,000. This listing's school district is Monroe County Com Sch Corp. Nearby schools include Templeton Elementary School, Jackson Creek Middle School and Bloomington High School South. 1502 South College Avenue is a 0-bed, 0-bath, mixed use property built in 1936.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Saunders & Associates

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.