2525 W Fountain
Bloomington, IN 47404-2782
- 2 beds
- 1 bath
- – sqft
- ~1 acre lot
- – on site
Extremely multifunctional property 5 minutes from downtown Bloomington! Recently used by owner as an Airbnb on the upper level and a cleaning service on the lower level this ranch over a basement on over an acre of ground has many angles of use. The current structure has multiple business uses as the ME zoning allows for commercial and multifamily on the site. There's an amazing amount of parking that can accommodate another structure being built that has commercial and multifamily use as part of the allowed zoning. The current Airbnb use generated approx.. 15k last yr being used to approx. a third of the capacity in terms of dates available(owner only used as much as they could clean and restock on a regular basis themselves). Don’t miss the possibilities this ranch over a basement accommodates in terms of revenue generation. In addition to the commercial aspects this would also allow you to live in house and lease the lower level. So many possibilities!!!
Listing courtesy of IRMLS
Last checked:
Checking…
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Last updated Jun 13, 2024
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MLS# 202417431 —
The Building
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Year Built:1959
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New Construction:No
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Architecural Style:Ranch, Walkout Ranch
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Style:One Story
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Amenities:Deck Open, Dryer Hook Up Electric, Eat-In Kitchen, Porch Open, Tub/Shower Combination, Washer Hook-Up
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Roof Material:Asphalt
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Exterior:Aluminum
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Basement:Yes
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Basement/Foundation:Walk-Out Basement
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Total SqFt:1600
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Total Below Grade SqFt:800
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Total Finished SqFt:800
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Main Level SqFt:800
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Above Grade Finished SqFt:800
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Below Grade Unfinished SqFt:800
Interior
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Flooring:Hardwood Floors, Ceramic Tile
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Fireplace:None
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Kitchen Level:Main
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Living/Great Room Level:Main
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Fireplace:No
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Laundry Level:Basement
Room Dimensions
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1st Bedroom Length:14
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1st Bedroom Width:12
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2nd Bedroom Length:12
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2nd Bedroom Width:12
Location
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Directions to Property:West on 11th St, go Right on Fountain Drive, follow to the property on the Left in the curve.
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Cross Street:11th St
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Latitude:39.177054
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Longitude:-86.560278
The Property
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Parcel# ID:53-05-31-100-016.000-005
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Property Subtype:Site-Built Home
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Location:City/Town/Suburb
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Lot Dimensions:Irregular
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Lot Description:Partially Wooded, Slope, 0-2.9999
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Approx Lot Size SqFt:45738
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Approx Lot Size Acres:1.05
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Fence:None
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Driveway:Asphalt
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Waterfront:No
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Water Features:None
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Annual Taxes:3426.22
Beds
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Total # Bedrooms:2
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1st Bedroom Level:Main
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2nd Bedroom Level:Main
Baths
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Total Baths:2
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Total Half Baths:1
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Total Full Baths:1
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# of Full Baths Main:1
The Listing
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Unbranded Virtual Tour:https://www.propertypanorama.com/instaview/irmls/202417431
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Buyer Broker Compensation:2.5%
Heating & Cooling
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Heating/Fuel:Electric
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Cooling:Central Air
Utilities
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Water Utility:City
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Sewer:Septic
Schools
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Elementary:Fairview
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Middle School:Tri-North
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High School:Bloomington North
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School District:Monroe County Community School Corp.
The Community
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Subdivision:None
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Common Amenties:None
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Pool:No
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Association Dues Frequency:Not Applicable
Parking
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Garage:No
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Off Street Parking:Yes
Monthly cost estimate
Asking price
$279,900
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,498
|
Taxes | $3,811 |
Insurance | $76 |
Utilities | N/A |
Total | $5,385/mo.* |
*This is an estimate |
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/13/24
Jun 13, 2024
|
Price Changed | IRMLS | $279,900 | -6.7% |
5/16/24
May 16, 2024
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Listed / Active | IRMLS | $299,900 |