Listing courtesy of Sweet Maple Realty · Listing agent: Shane Gibson · office: 317-442-3561
500 N Walnut Street
Bloomington, IN 47404Lockerbie Court
- 4-car garage
- Fireplace
- Basement
- Bedrooms
- 3
- Bathrooms
- 2.5
- Living area
- 2,319 sq ft
- Year built
- 2002
- Type
- Condominium
- Listed
- October 7, 2026
- MLS #
- 202641504
About this home
Rarely does a condominium like this become available in downtown Bloomington. Located in the highly desirable Lockerbie community, this premier fourth-floor residence offers 2,319 square feet with 3 bedrooms, 2.5 baths, two private balconies, four parking spaces, and exceptional storage—all within walking distance of downtown and Indiana University. More than $170,000 has been invested in improvements since 2022, including a remodeled primary bath with heated floor, updated kitchen countertops, lighting, sink and disposal, new Trane HVAC, flooring, tile, carpet, appliances, and a new office with French doors and built-in bookcases. Two balconies provide outdoor living from different exposures. The east-facing balcony looks toward the Indiana University campus and away from the street, offering treetop views and beautiful morning sunrises. Large patio doors bring abundant natural light into the living space and reinforce the connection between indoors and out. The amenities further distinguish this residence. Unit 403 is the only condominium in Lockerbie with four parking spaces, providing the ability to have four building-access key fobs and four garage door openers, and it includes the largest storage unit in the parking garage. Residents also have shared access to a fitness center. The secure building and dedicated parking provide an easy lock-and-leave lifestyle in the heart of Bloomington. Step outside and much of Bloomington is within walking distance—downtown restaurants and entertainment, Kirkwood Avenue, the Indiana University campus, and IU athletic facilities. Whether used as a full-time residence or a Bloomington retreat, the combination of space, security, parking, storage, outdoor living, and walkability is difficult to duplicate. HOA services include high-speed internet, water, sewer, and trash pickup, adding convenience to the low-maintenance condominium lifestyle. Lockerbie residences do not often become available, and opportunities offering this particular combination of size, improvements, amenities, and location are especially rare in downtown Bloomington.
Monthly payment estimate
$7,878/mo
- Principal & interest
- $6,158
- Property taxes
- $519
- Homeowners insurance
- $328
- HOA dues
- $873
- 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
- 2,319 sq ft
- Finished area above grade
- 2,319 sq ft
- Bedrooms above grade
- 3
- Full baths, main level
- 2
- Half baths, main level
- 1
- Basement
- Daylight
- Flooring
- Carpet, Tile, Vinyl, Stone
- Heating
- Natural Gas, Forced Air
- Cooling
- Central Air
- Fireplaces
- 1
- Fireplace features
- Living/Great Rm
- Laundry
- Main Level
- Interior features
- 1st Bdrm En Suite, Alarm System-Security, Balcony, Breakfast Bar, Built-in Features, High Ceilings, Countertops-Stone, Elevator, Entrance Foyer, Intercom, Open Floorplan, Split Br Floor Plan, Alarm System-Sec. Cameras, Main Level Bedroom Suite, Main Floor Laundry
Exterior & parking
- Construction
- Brick
- Garage spaces
- 4
- Attached garage
- Yes
- Garage type
- Attached
- Garage sq ft
- 400 sq ft
- Parking
- Garage Door Opener, Concrete
- Private pool
- No
- Other structures
- Outbuilding
- New construction
- No
Waterfront & lake
- Waterfront
- No
Lot
- Subdivision
- Lockerbie Court
- Lot features
- 0-2.9999
- Location type
- City/Town/Suburb,Near College Campus,Gated Community
- County
- Monroe County
- Township
- Bloomington
- Platted
- Yes
- Planned unit development
- No
- Directions
- GIS Friendly Location
Schools
- Elementary school
- University
- Middle school
- Tri-North
- High school
- Bloomington North
- School district
- Monroe County Community School Corp.
HOA & community
- HOA fee
- $873
- HOA fee frequency
- Monthly
- Community amenities
- Exercise Room, Security, Sidewalks
Taxes & terms
- Annual taxes
- $6,223
- Tax year
- 2026
- Tax exemptions
- Homestead
- Possession
- Negotiable
- Parcel number
- 53-05-33-306-009.000-005
Included in the sale
- Included in sale
- Dishwasher,Microwave,Refrigerator,Washer,Cooktop-Gas,Dryer-Gas,Kitchen Exhaust Hood,Oven-Built-In,Water Heater Electric
Utilities
- Water
- City
- Sewer
- Public Sewer
Rooms
| Room | Level | Dimensions | Features |
|---|---|---|---|
| Living Room | Main | 22 × 18 ft | — |
| Dining Room | Main | 19 × 12 ft | — |
| Kitchen | Main | 17 × 12 ft | — |
| Bedroom 1 | Main | 18 × 18 ft | — |
| Bedroom 2 | Main | 17 × 12 ft | — |
| Bedroom 3 | Main | 12 × 12 ft | — |
| Extra Room 1 | Main | 11 × 8 ft | Office |
| Other Room | — | 12 × 12 ft | Primary Bath Ensuite |
| Laundry | Main | 11 × 6 ft | — |
Location
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