331 South Grant Street

Bloomington, IN 47401

$675,000
Price
4
Beds
6
Baths
3,326 Sq. Ft.
$203 / Sq. Ft.
3,326
Sq. Ft.
$203
per Sq. Ft.

Description

6 unit apartment building with High Density Multi-Family Zoning in great location adjacent to Bloomington's thriving downtown and to Indiana University! This building has a max load of 5 people per unit- a redevelopment plan could allow for a very dense new building! Good rental history as is. Total monthly rents are $4650. There's a large 2car garage the owner has used for storage. Don’t miss the tremendous potential found in this A+ location!6 unit apartment building with High Density Multi-Family Zoning in great location adjacent to Bloomington's thriving downtown and to Indiana University! This building has a max load of 5 people per unit- a redevelopment plan could allow for a very dense new building! Good rental history as is. Total monthly rents are $4650. There's a large 2car garage the owner has used for storage. Don’t miss the tremendous potential found in this A+ location!
  1. Listed by Andy Walker • RE/MAX Acclaimed Properties

Property Details for 331 South Grant Street

Style
Two Story
Subdivision
Southeast Bloomington City
Waterfront
No
Pet Restrictions
Yes
LISTING UPDATED: 11/08/2024 09:26 PM

Property Details for 331 South Grant Street

StatusActive
MLS #202443462
Days on Market13
Taxes$10,777 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Sixplex
Year Built1920
Lot Size0.22 AC / 9,727 SF
CountyMonroe County

Building Information for 331 South Grant Street

Stories2Residences6Year Built1920Building Size-Lot Size0.22 AC / 9,727 SF

Property Information for 331 South Grant Street

Summary
Location and General Information
  • Area: Monroe County
  • City: Bloomington
  • Zip Code: 47401
  • City Zoning: RH - Residential High-Density Multifamily
  • State: IN
  • Township: Perry
  • Geo Latitude: 39
  • Geo Longitude: -87
  • Inside City Limits: Yes
  • Fips Code: 18105
  • Directions To Property: From East 3rd Street downtown, South on Grant, property is on the East side of Grant.
  • Location: City/Town/Suburb, Near College Campus
Taxes and HOA
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2024
  • Parcel Number Id: 53-08-04-203-029.000-009
School Information
  • School District: Monroe County Community School Corp.
  • Elementary: Rogers/Binford
  • Middle School: Jackson Creek
  • High School: Bloomington South
Parking
  • Number Of Parking Spaces: 6
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Sixplex
  • Approx Lot Size Acres: 0.2233
  • Lot Dimensions: Irregular
  • Below Grade Unfin Sqft: 635.0
  • Total Square Feet: 3961.0
  • Approx Lot Size Sqft: 9727.0
  • Above Grade Finished Sqft: 3326.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 635.0
  • Total Finished Sqft: 3326.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Irregular
  • Outbuilding Length: 24.0
  • Outbuilding Sqft: 600
  • Outbuilding Width: 25.0
Property and Assessments
  • New Construction: No
  • Year Built: 1920
  • Age: 104
  • Planned Unit Development: No
Green Features
  • Exemptions: No Exemptions
Utilities
  • 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
  • Amenities: Basement, Off Street Parking, Deck Covered, Porch Covered
  • Exterior: Aluminum, Vinyl
  • Outbuilding: Outbuilding
  • Platted: Yes
  • Pool: No
Interior Features
  • Number of Dishwashers: 0
  • Number of Disposals: 0
  • Number of Dryers: 1
  • Number of Microwaves: 0
  • Number of Ranges/Ovens: 6
  • Number of Refrigerators: 6
  • Number of W/D Hookups: 1
  • Number of Washers: 1
  • Basement Material: Block
  • Basement: Yes
  • Basement/Foundation: Partial Basement
  • Cooling: Central Air, Multiple Cooling Units, Window
  • Flooring: Carpet, Laminate, Mixed
  • Heating/Fuel: Gas, Forced Air
  • Stories: 2
  • Number of Above Grade Bedrooms: 4
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 4
  • Total Number of Full Baths: 6
  • Total Number of Half Baths: 0
  • Total Baths: 6
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 4
  • Num Of 2 Bedrooms: 0
  • Num Of 3 Bedrooms: 0
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 2
  • Num of Units Rented: 6
  • Number of Units: 6
  • RI/MF Occup Permit: Yes
Income & Expenses Information
  • Annual Electric Expense: $3,386.00
  • Annual Fuel Expense: $2,462.00
  • Annual Gross Rent $: $55,800
  • Annual Insurance Expense: $0
  • Annual Maint. Expense: $0
  • Annual Misc: $0
  • Annual Net Income: $38,101
  • Annual Property Tax: $10,777
  • Annual Trash Expense: $0
  • Annual Water/Sewer Exp: $1,074
  • Gross Monthly Income: $4,650
  • Gross Monthly Rent: $4,650
Unit Information
Unit 1
  • Unit 1-Num of Bathrooms: 1
  • Unit 1-Num of Bedrooms: 1
  • Unit 1-Basement: No
  • Unit 1-Currently Rented: Yes
  • Unit 1-Electric: Owner
  • Unit 1-Garage: No
  • Unit 1-Gas: Owner
  • Unit 1-Lease Exp Date: 07-21-2025
  • Unit 1-Rent Frequency: Monthly
  • Unit 1-Unit Number: 1
  • Unit 1-Unit Rent $: $950
Unit 2
  • Unit 2-Num of Bathrooms: 1
  • Unit 2-Num of Bedrooms: 1
  • Unit 2-Basement: No
  • Unit 2-Currently Rented: Yes
  • Unit 2-Electric: Owner
  • Unit 2-Garage: No
  • Unit 2-Gas: Owner
  • Unit 2-Lease Exp Date: 07-14-2025
  • Unit 2-Rent Frequency: Monthly
  • Unit 2-Unit Number: 2
  • Unit 2-Unit Rent $: $750
Unit 3
  • Unit 3-Num of Bathrooms: 1
  • Unit 3-Num of Bedrooms: 1
  • Unit 3-Basement: No
  • Unit 3-Currently Rented: Yes
  • Unit 3-Electric: Owner
  • Unit 3-Garage: No
  • Unit 3-Gas: Owner
  • Unit 3-Lease Exp. Date: 07-14-2025
  • Unit 3-Rent Frequency: Monthly
  • Unit 3-Unit Number: 3
  • Unit 3-Unit Rent $: $800
Unit 4
  • Unit 4-Num of Bedrooms: 0
  • Unit 4-Num of Rooms: 1
  • Unit 4-Basement: No
  • Unit 4-Currently Rented: Yes
  • Unit 4-Electric: Owner
  • Unit 4-Garage: No
  • Unit 4-Gas: Owner
  • Unit 4-Lease Exp Date: 06-13-2025
  • Unit 4-Rent Frequency: Monthly
  • Unit 4-Unit Number: 4
  • Unit 4-Unit Rent $: $675
Unit 5
  • Unit 5-Num of Bedrooms: 0
  • Unit 5-Num of Rooms: 1
  • Unit 5-Basement: No
  • Unit 5-Currently Rented: Yes
  • Unit 5-Electric: Owner
  • Unit 5-Garage: No
  • Unit 5-Gas: Owner
  • Unit 5-Lease Exp Date: 08-01-2025
  • Unit 5-Rent Frequency: Monthly
  • Unit 5-Unit Number: 5
  • Unit 5-Unit Rent $: $725
Unit 6
  • Unit 6-Num of Bathrooms: 1
  • Unit 6-Num of Bedrooms: 1
  • Unit 6-Basement: No
  • Unit 6-Currently Rented: Yes
  • Unit 6-Electric: Owner
  • Unit 6-Garage: No
  • Unit 6-Gas: Owner
  • Unit 6-Lease Exp Date: 06-17-2025
  • Unit 6-Rent Frequency: Monthly
  • Unit 6-Unit Number: 6
  • Unit 6-Unit Rent $: $750
Rental
Rental Information
  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Electric, Heating, Lawn Maintenance, Sewer, Snow Removal, Trash Collection, Water
  • Tenant Pays: Cable

Property History for 331 South Grant Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 331 South Grant Street

Taxable ValueLand$107,000Additions$402,300Total$509,300
Tax Record2023$5,389 ($449 / month)
Home Facts
Baths6Total Finished SqFt3,326 SqFtAbove Grade Finished SqFt3,326 SqFtStories2Lot Size9,583 SqFtStyleMulti-Family Dwelling (2-4)Year Built1920Year Renovated1990CountyMONROEAPN53-08-04-203-029.000-009

Schools near 331 South Grant Street

This home is within Monroe County Com Sch Corp.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - K to 2
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Binford Elementary School
PublicPK to 6

Rogers Elementary School
PublicK to 2

Jackson Creek Middle School
Public7 to 8

Bloomington High School South
Public9 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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331 South Grant Street is a multi-family home for sale in Bloomington, IN 47401. This property was listed for sale on November 8, 2024 by RE/MAX Acclaimed Properties, it's currently listed at $675,000. It has been on the market for a total of 13 days and was last sold on June 30, 2015. This listing's school district is Monroe County Com Sch Corp. Nearby schools include Binford Elementary School, Rogers Elementary School and Jackson Creek Middle School. 331 South Grant Street is a 4-bed, 6-bath, 3,326 sqft multi-family home built in 1920.

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Listing Courtesy of RE/MAX Acclaimed Properties

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