1502 S College Avenue, Bloomington, IN 47403
Local realty services provided by:Better Homes and Gardens Real Estate Connections
Listed by:john saunderssaunders@saundersnassociates.com
Office:saunders & associates
MLS#:202530095
Source:Indiana Regional MLS
Price summary
- Price:$292,000
- Price per sq. ft.:$100.76
About this home
**OPEN HOUSE: Sunday, September 21st, from 11:30 AM to 2:00 PM.** The seller is offering a **$8,500 concession! ** This charming 1,449-square-foot home features 3 bedrooms and 1 bathroom. The property has an updated kitchen and bath, a waterproofed basement (also 1,449 square feet), a new roof, and attic insulation improved to R-42. The fireplace has been converted to gas logs for your convenience Additional highlights include new, easy-to-care-for LVT flooring (with hardwood underneath), as well as a new furnace and air conditioning system installed in 2021. Both the interior and exterior were freshly painted in 2024. Zoned ME Mixed-use Employment Mixed Uses: Airbnb, Real Estate Office, Law Office, Restaurant, Rental Property. Don't miss out on this opportunity! This bright and airy home, designed in the Arts & Crafts style, offers flexible living options with the choice of two bedrooms plus an office or three bedrooms. It features a full bathroom equipped with a jetted tub. Recent major updates have been completed within the last 90 days, including waterproofing and painting the basement, which has added 1,400 square feet of usable space. The fireplace has been upgraded to gas-burning logs with a remote control. For energy efficiency, the attic has been re-insulated with blown-in cellulose to an R-42+ rating. Additional upgrades include a high-efficiency furnace (installed in 2022), a Samsung induction range with a convection oven, a new LG microwave and dishwasher, and a GE energy-efficient French door refrigerator. The roof was replaced last fall with dimensional shingles, and the interior and exterior of the house have been repainted. Smart devices have also been installed, allowing you to control lights, plugs, and the thermostat from your phone or through Alexa and Google. Hardwood floors under Luxury Vinyl Tile. The property is zoned ME (mixed-use employment), making it suitable for various businesses that benefit from foot traffic, such as a beauty salon, tattoo parlor, accountant's or attorney's office, rental property, or Airbnb setup. The owner is willing to sell the property along with the furnishings, as they are relocating abroad. Additionally, there is potential to convert the home into a duplex. Conveniently located, the property is just 2 miles from College Mall and approximately 5 miles from the West Side Shopping area, which includes Lowe's, Menards, and Walmart. The downtown entertainment district and Indiana University campus
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Home facts
- Year built:1936
- Listing ID #:202530095
- Added:56 day(s) ago
- Updated:September 25, 2025 at 12:41 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Living area:1,449 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Asphalt
- Year built:1936
- Building area:1,449 sq. ft.
- Lot area:0.2 Acres
Schools
- High school:Bloomington South
- Middle school:Jackson Creek
- Elementary school:Templeton
Utilities
- Water:City
- Sewer:City
Finances and disclosures
- Price:$292,000
- Price per sq. ft.:$100.76
- Tax amount:$1,682
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