Listing courtesy of Carpenter Realty LLC · Listing agent: Larry Carpenter III · office: 812-559-0458
6000 W State Rd 45 Road
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
- 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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