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1115 N Walnut Street

Bloomington, IN 47404
  • $3,535,000
  • STATUS: Active
  • ON SITE: 89 Days
  • MLS #: 202342882
UPDATED: 67 min ago
$3,535,000
  • 10
    BEDS
  • 0.4
    ACRES
  • 8
    BATHS
  • 1
    1/2 BATHS
  • 10,756
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
2021
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing provided by Jim Regester of RE/MAX Realty Professionals: Offc: 812-323-1231.

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.

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© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or McAfee Home Group | Century 21 Realty, Inc.. Data last updated: 2024-02-25T18:29:02.547.

www.myindianahomes.com/homes/145503822
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1115 N Walnut Street Bloomington, IN 47404

  • Price: $3,535,000
  • Status: Active
  • On Site: 89 Days
  • Updated: 67 min ago
  • MLS #: 202342882
10
Beds
8
Baths
1
½ Baths
0.4
Acres
10,756
SQFT
$329
$/SQFT
2021
Built
Neighborhood:
Kenwood
County:
Monroe
Area:
Monroe
Elementary School:
University
Middle School:
Tri-North
High School:
Bloomington North
School District:
Monroe County Community School C
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.
Exterior Features

Exterior Stone Location City/Town/SuburbNear College Campus Lot Description 0-2.9999 Lot Dimensions 132x132 Outbuilding None Parking Paved Parking Spaces 25 Pool YN No Style Three Story Waterfront YN No

Interior Features

Above Grade Bedrooms 10 Above Grade Finished Sqft 10756 Above Grade Unfin Sq Ft 0 Amenities ADA FeaturesBalconyBreakfast BarCeiling-9+Countertops-StoneOpen Floor Plan Basement Foundation Crawl Basement YN No Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 0 Cooling Central Air Dishwashers 8 Disposals 8 Dryers 8 Flooring Laminate Heating Fuel Forced Air Microwaves 8 Ranges Ovens 8 Refrigerators 8 Rooms Below Grade 0 Total Baths 9 Total Below Grade Sqft 0 Total Sq Ft 10756 Wash Dry Hookups 8 Washers 8

Property Features

Annual Electric Expense 0 Annual Fuel Expense 0 Annual Gross Rent 218600 Annual Insurance Expense 14897 Annual Maint Expense 7200 Annual Misc 6931.46 Annual Net Income 155240.12 Annual Property Tax 26297.86 Annual Trash Expense 987 Annual Water Sewer Exp 7046.56 Assoc Dues Frequency Not Applicable Auction Y / N No Buildings 1 Cross Street W 15th St Efficiencies 0 Electric Company Duke Energy Indiana For Sale Or Rent For Sale Four Bedrooms 0 Gross Monthly Income 18217 Gross Monthly Rent 18217 Inside City Limits Yes Lease Term 1 Year New Construction No One Bedrooms 6 Owner Pays Building InsuranceLawn MaintenanceMaintenanceTaxTrash CollectionWater Owner Real Estate License YN No Pet Restrictions YN No Planned Unit Dev YN No Property Sub Type Apartment Building Proposed Financing CashConventional Reo YN No Sale Includes BuildingBusiness Sewer Public Tenant Pays CoolingElectricHeatingParking Three Bedrooms 0 Township Bloomington Two Bedrooms 2 Units Rented 9 Water Company Bloomington City Utility Water Utility Public Year Taxes Payable 2023 Zoning Description MM-Mixed-Use Medium-Scale

Listing provided by Jim Regester of RE/MAX Realty Professionals: Offc: 812-323-1231.

© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or McAfee Home Group | Century 21 Realty, Inc..


© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or McAfee Home Group | Century 21 Realty, Inc.. Data last updated: 2024-02-25T18:29:02.547.

 
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McAfee Home Group | Century 21 Realty, Inc.
2928 E Dupont Rd
Fort Wayne IN, 46825
Listing provided by Jim Regester of RE/MAX Realty Professionals: Offc: 812-323-1231.