Movoto Real Estate
Sold on 02/29/2024
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500 S Mitchell St, Bloomington, IN 47401

$412,000

Last sold 02/29/2024 for $445K

  • 3

    bed

  • 2

    bath

  • 1,728

    Sqft

Multi-family not for sale

About 500 S Mitchell St

Property type Multi-family
Neighborhood
Year built 1947
HOA fee $0/month
Lot size 6,970 Sqft
Movoto estimate
Parking 3 garage spaces
Rental estimate
Property description
Excellent investment opportunity! 2 blocks to campus!!! 3 bedroom with 3 occupancy permit. Zero vacancy rental history. Invest in Bloomington today!
Listed by
Listing Agent - Chris Clark
Listing Agent Contact: Cell: 812-322-1871
Listing Office - Century 21 Scheetz - Bloomington
Source: IRMLS mls logo
MLS#202401732 • last updated 2 years ago
Movoto checked IRMLS for data 6 minutes ago
Overview
Cooling/AC Central Air
Heating Gas
Levels/Style 2, Two Story
Status Sold
MLS # 202401732
Virtual Tour N/A
Type INVESTMENT
SubType Other
SqFt (Total) 2592
SqFt (Finished) 1728
Lot Size (SqFt) 6970
L:ot Size (Acres) 0.16
Property Taxes 4817
Foreclosure (Y/N) No
Year Built 1947
Short Sale (Y/N) No
HOA Fees $ Not Applicable
Number of Units 1
Interior
Total # Bathrooms 2
# Full Baths 1
# Half Baths 1
Total # Bedrooms 3
Basement Block
Flooring Ceramic Tile, Wood
Exterior
Roof Asphalt
Exterior Aluminum
Basement/ Foundation Full Basement, Unfinished
Driveway Gravel
Parking Gravel, Off Street, Public, Street
Lot Dimensions Irregular
Other Structure(s) None
Lot Desc Corner
Amenities / Utilities
Sewer City
Electricity Duke Energy Indiana
Water City, Bloomington City Utility
Gas CenterPoint Energy
Amenities Basement, Fireplace, Off Street Parking, Storage, Built-In Bookcase, Cable Available, Water Heater Gas, Washer Hook-Up
Location
Location City/Town/Suburb, Near College Campus
Area Monroe County
Subdivision Elm Heights
High School Bloomington South
Middle School Tri-North
Elementary School Rogers/Binford
School District Monroe County Community School Corp.
APN 53-08-03-203-041.000-009
Waterfront Y/N No
Directions Take Atwater To Mitchell St. Turn South On Mitchell. Home Will Be On Your Right.
City Zoning R3 - Residential Small Lot
Multifamily Details
Owner Pays Building Insurance, Lawn Maintenance, Maintenance, Snow Removal, Tax
Tenant Pays Cable, Cooling, Electric, Heating, Sewer, Trash Collection
Annual Net Income 26260
Gross Monthly Rent $ 2725
Annual Gross Rent $ 32700
$412K
Range: $321K-$502K
Last 30 days 
Rental est.: $980/month
Gross rent multiplier: 37.8
  • Feb 2024
    mls logo MLS # 202401732
  • Feb 29, 2024 Sold
    $445,000 (-2.8%)
  • Jan 17, 2024 Listed
    $457,800 (+167.7%)
  • May 2001
    mls logo MLS # 404511
  • May 23, 2001 Sold
    $171,000 (-2.2%)
  • Mar 29, 2001 Listed
    $174,900
  • Year Property taxes Tax assessment
  • 2024
    $6,318 +94.9%
    $308,600 +0.72%
  • 2023
    $3,242 -70.0%
    $306,400 -0.71%
  • 2022
    $10,801 +124.5%
    $308,600 +13.41%
  • 2021
    $4,811 +0.6%
    $272,100 +17.23%
  • 2020
    $4,783 -0.7%
    $232,100 +0.3%
  • 2019
    $4,817 +7.1%
    $231,400 +1.0%
  • 2018
    $4,499 +12.1%
    $229,100 +12.8%
  • 2016
    $4,012
    $203,100
  • 2012
    $4,012
  • 500 S Mitchell St
    $445K
  • Eastside
    $449K -5% y/y
  • 47401
    $410K 0% y/y
  • Bloomington
    $374K -1% y/y
No chart available
Statistics calculated by Movoto

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6/10
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7/10
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Source: GreatSchools.org © 2026. All rights reserved.

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