1115 North Walnut Street

Bloomington, IN 47404

$3,535,000
Price
10
Beds
8
Baths
1
1/2 Bath
10,756 Sq. Ft.
$329 / Sq. Ft.
10,756
Sq. Ft.
$329
per Sq. Ft.

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.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.
  1. Listed by Jim Regester • RE/MAX Realty Professionals

Property Details for 1115 North Walnut Street

Style
Three Story
Subdivision
Kenwood
Waterfront
No
Pet Restrictions
No

Location

Listing Courtesy of RE/MAX Realty Professionals
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LISTING UPDATED: 11/27/2023 09:12 PM

Property Details for 1115 North Walnut Street

StatusActive
MLS #202342882
Days on Market164
Taxes$26,298 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Apartment Building
Year Built2021
CountyMonroe County

Location

Listing Courtesy of RE/MAX Realty Professionals
Add your commute

Building Information for 1115 North Walnut Street

Building/Complex1115 N Walnut StFloor-Stories3Residences9Pet Policy-Year Built2021Building Size-

Payment Calculator

$21,483 per month

30 year fixed, 7.25% Interest

Principal and Interest

$19,292

Property Taxes

$2,192

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1115 North Walnut Street

Summary
Location and General Information
  • Area: Monroe County
  • City: Bloomington
  • Zip Code: 47404
  • City Zoning: MM - Mixed-Use Medium-Scale
  • State: IN
  • Township: Bloomington
  • Cross Street: W 15th St
  • Geo Latitude: 39
  • Geo Longitude: -87
  • Inside City Limits: Yes
  • Zoning Description: MM-Mixed-Use Medium-Scale
  • Fips Code: 18105
  • Directions To Property: North of the intersection of North Walnut Street & 15th Street on the West side of the street.
  • Location: City/Town/Suburb, Near College Campus
Taxes and HOA
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2023
  • Parcel Number Id: 53-05-33-204-085.000-005
  • Parcel Id 2: 53-05-33-204-080.000-005
School Information
  • School District: Monroe County Community School Corp.
  • Elementary: University
  • Middle School: Tri-North
  • High School: Bloomington North
Parking
  • Number Of Parking Spaces: 25
  • Parking: Paved
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Apartment Building
  • Approx Lot Size Acres: 0.4
  • Lot Dimensions: 132x132
  • Below Grade Unfin Sqft: 0.0
  • Total Square Feet: 10756.0
  • Approx Lot Size Sqft: 17424.0
  • Above Grade Finished Sqft: 10756.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 0.0
  • Total Finished Sqft: 10756.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: 0-2.9999
Property and Assessments
  • New Construction: No
  • Year Built: 2021
  • Age: 2
  • Planned Unit Development: No
Utilities
  • Electric Company: Duke Energy Indiana
  • Sewer: Public
  • Water Company: Bloomington City Utility
  • Water Utility: Public
Interior and Exterior Features
Exterior Features
  • Amenities: ADA Features, Balcony, Breakfast Bar, Ceiling-9+, Countertops-Stone, Open Floor Plan
  • Exterior: Stone
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
Interior Features
  • Number of Dishwashers: 8
  • Number of Disposals: 8
  • Number of Dryers: 8
  • Number of Microwaves: 8
  • Number of Ranges/Ovens: 8
  • Number of Refrigerators: 8
  • Number of W/D Hookups: 8
  • Number of Washers: 8
  • Basement: No
  • Basement/Foundation: Crawl
  • Cooling: Central Air
  • Flooring: Laminate
  • Heating/Fuel: Forced Air
  • Stories: 3
  • Number of Above Grade Bedrooms: 10
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 10
  • Total Number of Full Baths: 8
  • Total Number of Half Baths: 1
  • Total Baths: 9
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 6
  • Num Of 2 Bedrooms: 2
  • Num Of 3 Bedrooms: 0
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 0
  • Num of Units Rented: 9
  • Number of Buildings: 1
  • Number of Units: 9
Income & Expenses Information
  • Annual Electric Expense: $.00
  • Annual Fuel Expense: $.00
  • Annual Gross Rent $: $218,600
  • Annual Insurance Expense: $14,897
  • Annual Maint. Expense: $7,200
  • Annual Misc: $6,931
  • Annual Net Income: $155,240
  • Annual Property Tax: $26,298
  • Annual Trash Expense: $987
  • Annual Water/Sewer Exp: $7,047
  • Gross Monthly Income: $18,217
  • Gross Monthly Rent: $18,217
Rental
Rental Information
  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance, Tax, Trash Collection, Water
  • Tenant Pays: Cooling, Electric, Heating, Parking

Property History for 1115 North Walnut 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 1115 North Walnut Street

Taxable ValueLand$156,800Additions$1,103,300Total$1,260,100
Tax Record2022$26,298 ($2,191 / month)
Home Facts
Baths1Total Finished SqFt10,756 SqFtAbove Grade Finished SqFt10,756 SqFtStories3Lot Size13,068 SqFtStyleMulti-Family Res (5+ Units)Year Built2021CountyMONROEAPN53-05-33-204-085.000-005

Schools near 1115 North Walnut 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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1115 North Walnut Street is a multi-family home for sale in Bloomington, IN 47404. This property was listed for sale on November 27, 2023 by RE/MAX Realty Professionals, it's currently listed at $3,535,000. 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. 1115 North Walnut Street is a 10-bed, 8.5-bath, 10,756 sqft multi-family home built in 2021.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Realty Professionals

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.