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$250,000   Price Analysis
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508 S Cory Ln
Bloomington, IN 47403
3 bed 1 bath 1,338 SqFt ($186/SqFt)
1.5 acre lot. Built 1914
Listed 2024-04-24, Taxes $2,380
Ⓧ USDA Ineligible
due to location

near Bloomington

Discover the potential in this charming 3 bedroom bungalow situated on a generous 1.5-acre lot.

Zoned RS 3.5 with the prospect to subdivide. The adjacen t property is zoned CA which also allows the possibility of rezoning for multi-unit development. The opportunities here are boundless. This bungalow offrs a versatile canvas with its timeless appeal, it could serve as a fantastic rental income source or be transformed into an owner-occupied home.

Conveniently located close to downtown, west side shopping and easy access to I69, this property boasts a prime location. Additionally, the property features a detached 576 square foot two-car garage, built in 1996, a screened-in front porch and a fenced-in rear and side yard. Don't miss your chance to explore the potential and possibilities of this property.


Presented by Gigi Larmour-Goldin at
RE/MAX Acclaimed Properties.
Listing Agent Photo

Property MLS #202413978 from IRMLS

Bedrooms: 3

Total Bathrooms: 1 / 0
Full Bathrooms: 1

Cooling Features: Central Air
Heating Features: Forced Air

Furnished Description: Building
Flooring: Carpet, Wood, Vinyl

Basement Description: Full Basement, Unfinished

Lot Description: 0-2.9999
Lot Size Acres: 1.5
Lot Size Dimensions: irregular
Lot Size Square Feet: 65340

Garage Spaces: 2

Elementary School: Fairview
High School: Bloomington South
Middle School: Batchelor
School District: Monroe County Community School C

Fairview Elementary School is a public elementary school located approximately 1.3 miles away.
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Tri-North Middle School is a public middle school located approximately 1.4 miles away.
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Bloomington High School North is a public high school located approximately 2.6 miles away.
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Eagle View Junior-Senior High School is a private middle and high school located approximately 1.3 miles away.
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Number of Units: 1
Number of 3 Bedroom Units: 1
Bedrooms in Unit-1: 3
Total Bathrooms in Unit-1: 1
Total Rooms in Unit-1: 6
Unit-1 Square Feet: 1338

Lease Term: Negotiable

Community Features: Off Street Parking

Source Listing Status: Active
County: Monroe County
Cross Street: 2nd/3rd Streets
Directions: From West 3rd St, turn South on Cory Lane or from West 2nd St, turn North on Cory Lane, property is on the West side of the street.
Tax Year: 2023
Source Property Type: INVESTMENT
Number of Separate Electric Meters: 1
Number of Separate Water Meters: 1
Parcel Number: 53-08-06-100-037.000-008
Postal Code Plus 4: 2033
Township: Perry
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$113,500 + $43,800
$157,300
$2,380
2020$98,100 + $43,800
$141,900
$2,266
2019$95,800 + $21,400
$117,200
$1,607
2018$85,600 + $21,400
$107,000
$1,484
2017$82,800 + $21,400
$104,200
$1,469
2017$84,400 + $21,400
$105,800
$1,469
2016$82,700 + $21,400
$104,100
$1,422
2015$80,800 + $21,400
$102,200
$1,380
2013$80,200 + $21,400
$101,600
$1,354
2012$76,700 + $21,400
$98,100
$1,282
2011$73,900 + $21,400
$95,300
$1,209
2010$73,900 + $21,400
$95,300
$1,158
2008$71,300 + $19,900
$91,200
$1,154

Price Changed 2024-06-05
$250,000
IRMLS
Price Changed 2024-06-05
$250,000
IRMLS
Listing removed 2024-04-24
$299,900
IRMLS
Listing removed 2024-04-24
$299,900
IRMLS
Listed 2024-04-24
$275,000
IRMLS
Listed 2024-04-24
$275,000
IRMLS
Listed 2023-10-30
$299,900
IRMLS
Listing removed 2023-10-30
$399,900
IRMLS
Listing removed 2023-10-30
$399,900
IRMLS
Listed 2023-10-30
$299,900
IRMLS
Listed 2023-10-27
$399,900
IRMLS
Listed 2023-10-27
$399,900
IRMLS

Total Square Feet Living: 1338
Year Built: 1914
Above Grade Finished Area: 1338
Below Grade Unfinished Area: 1020
Property Age: 110
Levels or Stories: 1
House Style: One Story
Total Area Main: 1338
Total Area Sqft: 2358
Total Below Grade Area: 1020

Sewer: City
City
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.