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Mariah Cressy

mariahcressy@cressyeverett.com +1(574) 339-4941

Listed by United Country Coffey Realty & Auction

$300,000

Est. payment - /mo

10 Beds

2 Baths

2,478 SqFt

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Key Details

Property Type Single Family Home

Sub Type Site-Built Home

Listing Status Pending

Purchase Type For Sale

Square Footage 2,478 sqft

MLS Listing ID IRM202629115

Bedrooms 10

Full Baths 2

HOA Y/N No

Year Built 1948

Annual Tax Amount $7,257

Tax Year 2026

Lot Size 7,840 Sqft

Acres 0.18

Lot Dimensions .18

Property Sub-Type Site-Built Home

Property Description

**AUCTION – LIST PRICE IS THE OPENING BID PRICE. Established IU campus-area investment property at 409 S Swain Ave, conveniently located just off Atwater Avenue. This one-story property offers approximately 2,478 finished SF, including approximately 1,113 SF of finished basement space. County records identify 8 bedrooms, 4 full baths, two kitchen sinks and two water heaters. The property is classified by the county as Other Commercial Housing. Situated on approximately 0.18 acres, additional features include central heat and A/C, a 525 SF concrete patio and approximately 2,500 SF of asphalt paving providing valuable off-street parking. Located near Indiana University, the Jacobs School of Music, IU facilities, dining, entertainment and downtown Bloomington. One of seven edge-of-campus investment properties being offered as part of a generational real estate portfolio auction. Online bidding opens August 27. Live/Simulcast Auction September 3 at 1 PM ET at the Bloomington Convention Center. Buyers should independently verify zoning, permitted uses and all property information. IMPORTANT PROPERTY VIEWING & INSPECTION INFORMATION Due to the properties being currently occupied by multiple tenants, all properties included in this auction will be available for viewing and inspection on ONE DAY ONLY: Friday, August 14 | 9:00 AM – 5:00 PM During this designated inspection event, all auction properties will be open and available for prospective buyers, real estate agents, inspectors, contractors, and other professionals to walk through and evaluate. No private or individual showings will be available before or after August 14. Real estate agents will not be able to schedule separate showing appointments for their clients. Buyers are strongly encouraged to attend on August 14 and complete any desired inspections or due diligence during this time. Buyers may bring their real estate agent, inspector, contractor, or other advisors with them. Please plan accordingly, as August 14 will be the only opportunity. ZONING: Residential multifamily (RM)

Location

State IN

County Monroe County

Rooms

Basement Full

Interior

Heating Gas

Fireplace N

Exterior

View Y/N true

Building

Lot Description 0-2.9999

Story One

Sewer Public Sewer

Water City

Level or Stories One

New Construction No

Schools

Elementary Schools Rogers/Binford

Middle Schools Jackson Creek

High Schools Bloomington South

School District Monroe County Community School Corp.

Others

Pets Allowed No

Tax ID 53-08-03-204-019.000-009

Acceptable Financing IRM202629115

Listing Terms IRM202629115

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202629115

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Mariah Cressy

+1(574) 339-4941

Broker

409 S Swain AVE Bloomington, IN 47401

Mariah Cressy

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby Locations

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