418 North Grant Street

Bloomington, IN 47408

$796,000
Price
5
Beds
3
Baths
1,664 Sq. Ft.
$478 / Sq. Ft.
1,664
Sq. Ft.
$478
per Sq. Ft.

Description

Located in a prime spot close to Indiana University and the vibrant Kirkwood nightlife, 418 N Grant offers an attractive opportunity for investors. This 5-bedroom, 3-bathroom property generates steady rental income, with current monthly rent of $5,100 through July 2025, increasing to $5,650 from August 2025 to July 2026. Tenants enjoy convenient off-street parking and a location that’s perfect for student living, making it highly desirable and easy to lease. Don't miss out on this income-generating...Located in a prime spot close to Indiana University and the vibrant Kirkwood nightlife, 418 N Grant offers an attractive opportunity for investors. This 5-bedroom, 3-bathroom property generates steady rental income, with current monthly rent of $5,100 through July 2025, increasing to $5,650 from August 2025 to July 2026. Tenants enjoy convenient off-street parking and a location that’s perfect for student living, making it highly desirable and easy to lease. Don't miss out on this income-generating asset in a sought-after area! Per tenant leases, tenants pay all utility costs.
  1. Listed by Jeff Brawley • Brawley Real Estate

Property Details for 418 North Grant Street

Style
Two Story
Subdivision
Northeast Bloomington City
Waterfront
No
Pet Restrictions
No
LISTING UPDATED: 11/05/2024 09:39 PM

Property Details for 418 North Grant Street

StatusActive
MLS #202442958
Days on Market16
Taxes$10,774 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Other
Year Built1899
Lot Size0.09 AC / 3,920 SF
CountyMonroe County

Building Information for 418 North Grant Street

Stories2Residences1Year Built1899Building Size-Lot Size0.09 AC / 3,920 SF

Property Information for 418 North Grant Street

Summary
Location and General Information
  • Area: Monroe County
  • City: Bloomington
  • Zip + 4: 3738
  • Zip Code: 47408
  • State: IN
  • Township: Bloomington
  • Geo Latitude: 39
  • Geo Longitude: -87
  • Fips Code: 18105
  • Directions To Property: N Grant just South of Ninth Street
Taxes and HOA
  • Assessed Value $: $555,000.00
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2024
  • Parcel Number Id: 53-05-33-302-015.000-005
School Information
  • School District: Monroe County Community School Corp.
  • Elementary: University
  • Middle School: Tri-North
  • High School: Bloomington North
Parking
  • Number Of Parking Spaces: 2
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Other
  • Approx Lot Size Acres: 0.09
  • Lot Dimensions: Irregular
  • Lot Number: 1
  • Below Grade Unfin Sqft: 768.0
  • Total Square Feet: 2432.0
  • Approx Lot Size Sqft: 3920.0
  • Above Grade Finished Sqft: 1664.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 768.0
  • Total Finished Sqft: 1664.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Level
Property and Assessments
  • New Construction: No
  • Year Built: 1899
  • Age: 125
  • Planned Unit Development: No
Utilities
  • Sewer: City
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Amenities: Basement
  • Exterior: Vinyl
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
Interior Features
  • Number of Dishwashers: 1
  • Number of Disposals: 1
  • Number of Dryers: 1
  • Number of Microwaves: 1
  • Number of Ranges/Ovens: 1
  • Number of Refrigerators: 1
  • Number of W/D Hookups: 1
  • Number of Washers: 1
  • Basement Material: Block
  • Basement: Yes
  • Basement/Foundation: Full Basement
  • Cooling: Central Air
  • Flooring: Ceramic Tile, Wood
  • Heating/Fuel: Forced Air
  • Stories: 2
  • Number of Above Grade Bedrooms: 5
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 5
  • Total Number of Full Baths: 3
  • Total Number of Half Baths: 0
  • Total Baths: 3
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 0
  • Num Of 2 Bedrooms: 0
  • Num Of 3 Bedrooms: 0
  • Num Of 4 Bedrooms: 1
Multi Family
Multi-Family Information
  • Num of Efficiencies: 0
  • Num of Units Rented: 1
  • Number of Units: 1
Income & Expenses Information
  • Annual Electric Expense: $.00
  • Annual Fuel Expense: $.00
  • Annual Gross Rent $: $61,200
  • Annual Insurance Expense: $0
  • Annual Maint. Expense: $0
  • Annual Misc: $0
  • Annual Net Income: $50,426
  • Annual Property Tax: $10,774
  • Annual Trash Expense: $0
  • Annual Water/Sewer Exp: $0
  • Gross Monthly Income: $5,100
  • Gross Monthly Rent: $5,100
Rental
Rental Information
  • Lease Term: 1 Year
  • Owner Pays: Lawn Maintenance, Tax
  • Tenant Pays: Electric, Fuel, Sewer, Trash Collection, Water

Property History for 418 North 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 418 North Grant Street

Taxable ValueLand$98,300Additions$456,700Total$555,000
Tax Record2023$5,887 ($491 / month)
Home Facts
Beds5Baths3Total Finished SqFt1,664 SqFtAbove Grade Finished SqFt1,664 SqFtStories2Lot Size3,920 SqFtStyleSingle Family ResidenceYear Built1899Year Renovated1999CountyMONROEAPN53-05-33-302-015.000-005Fireplace TypeHas Fireplace

Schools near 418 North Grant Street

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 - 9 to 12
Rating
School
Distance
University Elementary School
PublicPK to 6

Tri-North Middle School
Public7 to 8

Bloomington High School North
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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418 North Grant Street is a multi-family home for sale in Bloomington, IN 47408. This property was listed for sale on November 5, 2024 by Brawley Real Estate, it's currently listed at $796,000. It has been on the market for a total of 16 days and was last sold on August 1, 2014. This listing's school district is Monroe County Com Sch Corp. Nearby schools include University Elementary School, Tri-North Middle School and Bloomington High School North. 418 North Grant Street is a 5-bed, 3-bath, 1,664 sqft multi-family home built in 1899.

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 Brawley Real Estate

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.