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Sold for $75,000 on 03/06/25
  • $75,000

    5601 S Handy Rd, Bloomington, IN 47401

    5beds
    2,480sqft
    SingleFamily
    Built in 1980
    3.5 Acres Lot
    $283,400 Zestimate®
    $30/sqft
    $3,216 Estimated rent

    Home value

    $283,400

    $210,000 - $366,000

    $3,216/mo

    Zestimate® history
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    $3,216/mo

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    $3,216/mo

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    $363/mo

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    $363/mo

    Est. payment

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    What's special

    Three Houses on a 3.5 Acre parcel. Front houses on Handy Rd are both two bedroom houses and the third house to the back is a one bedroom. There are two detached garages on the property. One house could be an owner occupied home with the other two used as rental houses to pay the mortgage. OR all three could be rentals as an investment property near Lake Monroe. The neighborhood homes across and along Handy Rd are very well kept and full of owners who take good care of their properties. This is a Fixer Upper Opportunity with some excellent potential. The houses do need some TLC and are being sold AS-IS. The adjacent property behind at 5631 S Handy Rd, with a house on 7 Acres is also for sale by the same Seller (See MLS#201539989.) There is a driveway easement back to 5631 to the north of the red and stone house at 5621 from Handy, which is not currently being used as the drive. This property is just 8 miles from downtown Bloomington, 4 miles to Kroger South, and only 4 miles to Moores Creek Launching Ramp on Lake Monroe.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Other
    Cooling
    • Central
    Features
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 2,480 sqft

    Property

    Parking
    • Parking features: Off-street, Garage
    Lot
    • Size: 3.50 Acres
    Details
    • Parcel number: 530826300030000008

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • Year built: 1980

    Community & neighborhood

    Location
    • Region: Bloomington

    Price history

    DateEventPrice
    3/6/2025Sold$75,000-50%$30/sqft
    Source: Public Record
    12/1/2015Listing removed$150,000$60/sqft
    Source: RE/MAX Realty Professionals #201540018
    8/21/2015Listed for sale$150,000$60/sqft
    Source: RE/MAX Realty Professionals #201540018

    Public tax history

    YearProperty taxesTax assessment
    2024$3,789 +16.8%$254,000 +0.6%
    2023$3,244 +37.6%$252,600 +12.8%
    2022$2,358 -15.9%$223,900 +17.3%

    Find assessor info on the county website

    Neighborhood: 47401

    Nearby schools

    GreatSchools rating
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    $283,400
    2% more+ $5,668
    With Zillow Showcase(estimated)
    $289,068