Address
1115 N Walnut Street, Bloomington, IN
Price
$ 3,535,000
Property Attributes
  • MLS#202342882
  • TypeMulti-Family
  • CountyMONROE
  • CityBloomington
  • AreaBloomington
  • NeighborhoodKenwood
  • Zip47404
  • StyleApartment Building
  • Year Built2021
  • Taxes$ 26297
  • Price$ 3,535,000
  • Bedrooms10
  • Full Bathrooms8
  • Half Bathrooms1
  • Sqr Footage10756
Data Source:
Indiana Regional MLS (IRMLS)
Property Description

Recently built mixed use building on a 4/10-acre lot just blocks from IU Stadium. Main level commercial lease to single tenant (Stampfli Associates, CPAs). There are 8 luxury apartments on the 2nd and 3rd floors. There is an ADA lift to the second floor. Doug Bruce Architecture projects up to 11 additional units could be built above parking lot bringing significant added value.

Elementary School Middle School High School
University Elementary School Tri-North Middle School Bloomington North High School
Price History
11/27/2023 Listed $3,535,000

General Features

Heating Forced Air
Cooling Central Air
Sewer Public
Pool Y/N No
# of Buildings 1
Status Active
Full Baths 8
Half Baths 1
Bathrooms 9
Year Built 2021
Parking Paved
New Construction No
Tenant Pays Cooling,Electric,Heating,Parking
Subdivision Kenwood
Style Three Story
Stories 3
Township Bloomington
Class INVESTMENT
Type Apartment Building
Age 2
Net Income 155240.12
Rent Income 218600
Zoning Description MM-Mixed-Use Medium-Scale
FIPS Code 18105
OwnerPays Building Insurance,Lawn Maintenance,Maintenance,Tax,Trash Collection,Water
Features ADA Features,Balcony,Breakfast Bar,Ceiling-9+,Countertops-Stone,Open Floor Plan
Inside City Limits Yes
REO No
Annual Insurance Expense 14897
Annual Trash Expense 987
Status Active
Auction Y/N No
Area Monroe County
Location City/Town/Suburb,Near College Campus
High School Bloomington North
City Bloomington
School District Monroe County Community School C
Assoc. Dues Frequency Not Applicable
Pet Restrictions Y/N No
Total Sq Ft 10756
Street Name Walnut
Elementary School University
Middle School Tri-North
Legal Description 013-09790-00 Kenwood N1/2 Lot 107 & Lot 108,013-39890-00 KENWOOD LOT 107
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202342882
Agent First Name Jim
Agent Last Name Regester
DOM 143
Tax Year 2023

Interior Features

Basement Crawl
Flooring Laminate
Beds 10
Total Number of Units 9
Microwaves 8
Refrigerators 8
Washers 8
Dryer(s) 8
Dishwasher(s) 8
Disposal(s) 8
Total Finished SqFt 10756
Basement Y/N No
Above Grade Bedrooms 10
Ranges/Ovens 8
W/D Hookups 8
Above Grade Finished SqFt 10756
Num. of 1 Bedrooms 6
Num. of 2 Bedrooms 2

Exterior Features

Exterior Stone
Number of Parking Spaces 25
Lot Size Area 17424
Lot Dimensions 132x132
Lot Description 0-2.9999
Outbuilding None
Approx. Lot Size Acres 0.4
Waterfront Y/N No

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided by the Indiana Regional MLS. Information last updated on April 25, 2024 1:12 PM UTC

Property vs Multi-Family Average in 47404

Price
AVG $1.9M
$3.54M
Taxes
AVG $14,470
$26,297
Visits
AVG 105
177
Data Provided by Inside Real Estate®
Year Built
AVG 1981
2021
Walkscore
AVG 84
84
Data Provided by Walkscore® not using MLS data

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