Listing courtesy of Carpenter Realty LLC · Listing agent: Larry Carpenter III · office: 812-559-0458

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6000 W State Rd 45 Road

$847,000

$81.44 / sq ft

Est. $5,702/mo

Bloomington, IN 47403

Original price $897,000 · Price reduced on September 21, 2026

  • 6.3 acres
Bedrooms
33
Bathrooms
13
Living area
10,400 sq ft
Lot
6.32 ac
Year built
1970
Type
Other
Listed
January 19, 2026
MLS #
202601983

About this home

Full Moon Farm Mobile Home Park presents an outstanding, turnkey investment opportunity that combines strong in-place cash flow with compelling upside potential. This state-approved, well-established park currently generates over $140,000 in annual revenue from 10 mobile homes, 3 efficiency apartments, and on-site storage units, all supported by a solid rental history and well-maintained units. All roofs across the property have been replaced within the past year, significantly reducing near-term capital expenditures, and multiple interior updates have already been completed to further enhance tenant appeal and long-term durability. A key value-add advantage is the presence of existing sewer connections, allowing for additional units and future income growth without major infrastructure investment. Ideally positioned just minutes from Highway 37 and Westside’s thriving shopping and dining corridor, the property benefits from consistent tenant demand and market stability. With attractive current returns, minimal deferred maintenance, and clear expansion potential, Full Moon Farm Mobile Home Park represents a rare opportunity to acquire a high-performing asset with immediate income and scalable long-term upside.

Monthly payment estimate

$5,702/mo

Principal & interest
$4,636
Property taxes
$819
Homeowners insurance
$247
Your loan

  • Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
  • Taxes: the seller's 2025 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
Stories
1
Total area
10,400 sq ft
Finished area above grade
10,400 sq ft
Bedrooms above grade
33
Basement
Crawl Space
Flooring
Vinyl
Heating
Electric
Cooling
Central Air, Window Unit(s)
Amenities
Off Street Parking

Exterior & parking

Construction
Vinyl Siding
Private pool
No
Outbuilding 1
1,600 sq ft
New construction
No

Waterfront & lake

Waterfront
No

Lot

Lot features
Irregular Lot
Lot size (acres)
6.32 ac
Lot dimensions
6.32 Acres
County
Monroe County
Township
Van Buren
Platted
Yes
Planned unit development
No
Directions
West on South Road 45

Schools

Elementary school
Highland Park
Middle school
Batchelor
High school
Bloomington North
School district
Monroe County Community School Corp.

Taxes & terms

Annual taxes
$9,826
Tax year
2025
Possession
Tenant Rights
Parcel number
53-09-15-400-022.000-015

Included in the sale

Included in sale
Building

Utilities

Water
City
Sewer
Public Sewer

Income & commercial

Units
13
Annual gross rent
$146,400
Net operating income
$106,338
Lease term
Month To Month
Parking spaces
13
Pets allowed
No
Tenant pays
Electricity
Insurance (annual)
$3,600
Water & sewer (annual)
$12,960
Electric (annual)
$396
Trash (annual)
$3,280
Maintenance (annual)
$10,000

Location

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