Listing courtesy of FC Tucker/Bloomington REALTORS · Listing agent: Jeff Franklin · franklin@tuckerbloomington.com

Virtual tour
ActiveSite-Built Home

501 S Highland Avenue

$725,000

$421.27 / sq ft

Est. $5,084/mo

Bloomington, IN 47401Southeast Bloomington City

  • Fireplace
  • Basement
Bedrooms
8
Bathrooms
3
Living area
2,321 sq ft
Lot
0.1 ac
Year built
1925
Type
Site-Built Home
Listed
August 14, 2026
MLS #
202633283

About this home

Rare investment opportunity for an absolutely primo duplex an arm’s length from Indiana University campus. This south of campus stunning home on a corner lot has a permit for eight with an upper level unit with six total bedrooms, and two full baths with hardwood floors, a beautiful kitchen and great rental history. The lower level apartment is two bedroom one bath and has an entrance to the north side. These pristine units. are ideally located on the south side of the Indiana University campus, near restaurants, coffee shops, the bookstore, and all of the Indiana University activities.

Monthly payment estimate

$5,084/mo

Principal & interest
$3,968
Property taxes
$904
Homeowners insurance
$212
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

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Property details

Interior

Levels
Two
Total rooms
12
Total area
2,602 sq ft
Finished area above grade
1,721 sq ft
Finished area below grade
600 sq ft
Unfinished area below grade
281 sq ft
Below grade total
881 sq ft
Bedrooms above grade
6
Bedrooms below grade
2
Full baths, main level
1
Full baths, upper level
1
Full baths, below grade
1
Basement
Full, Partially Finished
Heating
Natural Gas, Forced Air
Cooling
Central Air
Fireplaces
1
Fireplace features
Living/Great Rm
Laundry
Main Level

Exterior & parking

Construction
Vinyl Siding
Private pool
No
New construction
No

Waterfront & lake

Waterfront
No

Lot

Subdivision
Southeast Bloomington City
Lot features
Irregular Lot
Lot size (acres)
0.1 ac
Lot dimensions
Irregular
County
Monroe County
Township
Perry
Platted
Yes
Planned unit development
No
Directions
GPS Friendly

Schools

Elementary school
Rogers/Binford
Middle school
Jackson Creek
High school
Bloomington South
School district
Monroe County Community School Corp.

Taxes & terms

Annual taxes
$10,848
Tax year
2026
Possession
Subject to Tenants Rights
Parcel number
53-08-03-207-012.000-009

Utilities

Water
City
Sewer
Public Sewer

Income & commercial

Gas meters
12

Location

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$725,000

8 beds · 3 baths