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

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516 S Mitchell Street

$579,000

$214.13 / sq ft

Est. $4,030/mo

Bloomington, IN 47401Southeast Bloomington City

  • Basement
Bedrooms
7
Bathrooms
3
Living area
2,704 sq ft
Lot
0.16 ac
Year built
1948
Type
Other
Listed
August 12, 2026
MLS #
202632832

About this home

This charming limestone home with a huge big backyard has a large, entertaining kitchen and a two car side load garage. There are twobedrooms on the main level and five bedrooms up with three baths. Rental permit on file for three. Prime location just a block and a half from the IndianaUniversity campus and activities.

Monthly payment estimate

$4,030/mo

Principal & interest
$3,169
Property taxes
$692
Homeowners insurance
$169
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
Stories
2
Total area
4,056 sq ft
Finished area above grade
2,704 sq ft
Unfinished area below grade
1,352 sq ft
Below grade total
1,352 sq ft
Bedrooms above grade
7
Basement
Unfinished
Flooring
Wood
Heating
Forced Air
Cooling
Central Air
Amenities
Basement

Exterior & parking

Construction
Stone
Private pool
No
New construction
No

Waterfront & lake

Waterfront
No

Lot

Subdivision
Southeast Bloomington City
Lot features
Irregular Lot
Lot size (acres)
0.16 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
$8,309
Tax year
2026
Possession
Subject to Tenant Right
Parcel number
53-08-03-203-037.000-009

Included in the sale

Included in sale
Building,Lease

Utilities

Water
City
Sewer
Public Sewer

Income & commercial

Units
1
Annual gross rent
$39,600
Net operating income
$31,291
Lease term
12 Months
Parking spaces
1
Pets allowed
Yes
Tenant pays
Cable TV, Electricity, Water

Location

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$579,000

7 beds · 3 baths