Listing courtesy of Sweet Maple Realty · Listing agent: Shane Gibson · office: 317-442-3561

Virtual tour
ActiveCondominium

500 N Walnut Street

$1,125,000

$485.12 / sq ft

Est. $7,878/mo

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
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.
Change taxes, insurance and more in the full calculator

Get pre-approved

Know your real budget before you tour, and make a stronger offer. We'll connect you with a local lender.

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

RoomLevelDimensionsFeatures
Living RoomMain22 × 18 ft—
Dining RoomMain19 × 12 ft—
KitchenMain17 × 12 ft—
Bedroom 1Main18 × 18 ft—
Bedroom 2Main17 × 12 ft—
Bedroom 3Main12 × 12 ft—
Extra Room 1Main11 × 8 ftOffice
Other Room—12 × 12 ftPrimary Bath Ensuite
LaundryMain11 × 6 ft—

Location

Loading map...

Similar homes

$1,125,000

3 beds · 2.5 baths