Listing courtesy of Cornerstone Realtors · Listing agent: Tim Ballard · alignedpg@gmail.com
402 E 1st Street
Bloomington, IN 47401Bryan Park
Original price $689,900 · Price reduced on September 22, 2026
- Basement
- Bedrooms
- 5
- Bathrooms
- 3
- Living area
- 2,455 sq ft
- Lot
- 0.2 ac
- Year built
- 1920
- Type
- Other
- Listed
- June 23, 2026
- MLS #
- 202624790
About this home
Here's your chance to own a 1920's 5 bedroom, 3 bath investment property in the heart of Bloomington's Bryan Park/Elm Heights neighborhood. This classic craftsman home has the iconic front porch, leading you into a wide open living space with original windows, woodwork, and floors. Updated kitchen and full bathroom along with addition of laundry room in the last 2 years. Currently rented at $5,000/month for the 26-27 school year. Elusive 5 person HAND permit on file as well good until 5-28-28. This would be a great property to begin or add to your portfolio given its proximity to campus, the B-line Trail and downtown. Off street parking on the side of the house and a big, beautiful back yard make this one a must see.
Monthly payment estimate
$4,613/mo
- Principal & interest
- $3,694
- Property taxes
- $722
- Homeowners insurance
- $197
- Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
- Taxes: the seller's 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 and One Half
- Stories
- 2
- Total area
- 3,631 sq ft
- Finished area above grade
- 2,455 sq ft
- Unfinished area below grade
- 1,176 sq ft
- Below grade total
- 1,176 sq ft
- Bedrooms above grade
- 5
- Basement
- Full, Unfinished
- Flooring
- Wood
- Heating
- Natural Gas, Forced Air
- Cooling
- Central Air
- Amenities
- Basement, Ceiling Fan, Off Street Parking
Exterior & parking
- Style
- Craftsman
- Construction
- Wood Siding
- Roof
- Shingle
- Foundation
- Stone
- Parking
- Off Street
- Private pool
- No
- New construction
- No
Waterfront & lake
- Waterfront
- No
Lot
- Subdivision
- Bryan Park
- Lot features
- Level
- Lot size (acres)
- 0.2 ac
- Lot dimensions
- 55X150
- County
- Monroe County
- Township
- Perry
- Platted
- Yes
- Planned unit development
- No
- Directions
- Take E 1st property is on south side of street
Schools
- Elementary school
- Rogers/Binford
- Middle school
- Jackson Creek
- High school
- Bloomington South
- School district
- Monroe County Community School Corp.
Taxes & terms
- Annual taxes
- $8,660
- Tax year
- 24
- Tax exemptions
- No Exemptions
- Listing terms
- Cash, Conventional, FHA, VA
- Possession
- Subject to Tenants' rights
- Parcel number
- 53-08-04-113-059.000-009
Included in the sale
- Included in sale
- Building,Lease
Utilities
- Water
- City
- Sewer
- Public Sewer
Income & commercial
- Units
- 1
- Annual gross rent
- $57,000
- Net operating income
- $46,374
- Lease term
- 12 Months
- Parking spaces
- 5
- Pets allowed
- No
- Tenant pays
- Cable TV, Cooling, Electricity, Fuel, Heat, Sewer, Trash Collection, Water
- Electric meters
- 1
- Gas meters
- 1
- Water meters
- 1
- Insurance (annual)
- $1,466
Location
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