Listing courtesy of Sterling Real Estate · Listing agent: Sally Baird · Cell: 812-345-0927

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ActiveCondominium

3874 S Laurel Court

$229,000

$248.37 / sq ft

Est. $1,877/mo

Bloomington, IN 47401Peppergrass

Original price $235,000 · Price reduced on September 9, 2026

  • 1-car garage
  • Pool
  • Basement
Bedrooms
2
Bathrooms
2
Living area
1,844 sq ft
Year built
1981
Type
Condominium
Listed
August 7, 2026
MLS #
202632166

About this home

Move-in ready townhouse in the popular Peppergrass neighborhood, offering flexible living space and low-maintenance convenience in a fantastic location. The main level features 2 bedrooms, 1 full bathroom, an updated kitchen with custom soft-close cabinetry, granite countertops, stainless steel appliances, and real hardwood flooring throughout the main living areas. The walk-out lower level adds incredible versatility with a large room most recently used as a third bedroom, a spacious family room, full bathroom, laundry room (including large-capacity washer and dryer), and even a second kitchen. The current owner successfully utilized this level as a rental, creating excellent potential for guests, extended family, or additional income opportunities. Beyond the home itself, the HOA provides exterior maintenance along with access to community amenities including a clubhouse, pool, tennis courts, and pickleball courts. Conveniently located just 3 miles from Indiana University’s Sample Gates and close to parks, trails, and everyday amenities, this property offers an easy lifestyle in one of Bloomington’s most popular neighborhoods.

Monthly payment estimate

$1,877/mo

Principal & interest
$1,253
Property taxes
$185
Homeowners insurance
$67
HOA dues
$372
Your loan

  • Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
  • Taxes: the seller's 2026 bill as reported to the MLS. Yours may differ once your own deductions apply.
  • Insurance: estimated at 0.35% of the price per year.
  • An estimate, not a loan offer. Your rate and payment depend on your credit, loan program and down payment.
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Property details

Interior

Levels
One
Total rooms
7
Total area
1,844 sq ft
Finished area above grade
922 sq ft
Finished area below grade
922 sq ft
Main level
922 sq ft
Below grade total
922 sq ft
Bedrooms above grade
2
Full baths, main level
1
Full baths, below grade
1
Basement
Full, Walk-Out Basement
Heating
Forced Air
Cooling
Central Air
Laundry
Lower Level

Exterior & parking

Style
Ranch
Construction
Vinyl Siding
Foundation
Block
Garage spaces
1
Attached garage
Yes
Garage type
Attached
Garage sq ft
308 sq ft
Private pool
Yes
Pool
Association
New construction
No

Waterfront & lake

Waterfront
No

Lot

Subdivision
Peppergrass
Lot features
0-2.9999
County
Monroe County
Township
Perry
Platted
Yes
Planned unit development
No
Directions
GPS friendly

Schools

Elementary school
Childs
Middle school
Jackson Creek
High school
Bloomington South
School district
Monroe County Community School Corp.

HOA & community

HOA fee
$372
HOA fee frequency
Monthly
Community amenities
Clubhouse, Pool, Tennis Court(s), Sidewalks
Other fees
$300
Other fees frequency
Annually
Other fees description
HOA insurance policy

Taxes & terms

Annual taxes
$2,222
Tax year
2026
Tax exemptions
Homestead
Listing terms
Cash, Conventional
Possession
At closing
Parcel number
53-08-16-415-011.000-009

Included in the sale

Included in sale
Dishwasher,Microwave,Refrigerator,Washer,Oven-Electric

Utilities

Water
City
Sewer
Public Sewer

Location

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$229,000

2 beds · 2 baths