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509 N Washington Street Bloomington, IN $ 1,500,000
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$ 1,500,000 Get more info
509 N Washington Street
$ 1,500,000
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Share Save

509 N Washington Street

Bloomington, IN, 47408
$ 1,500,000
Bedrooms6 Baths6.0 Sq 2,627

Monthly Estimate*

$ 9,358

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Single Family Home for sale in Bloomington, IN

for $1,500,000 with 6 bedrooms and 6 full baths. This 2,627 square foot home was built in 1925 on a lot size of 0.2.

509 N Washington is a fully leased 6 bed, 6 bath property located in one of Bloomington’s most desirable student rental areas, just steps from IU campus and Kirkwood Avenue. Currently generating $8,100/month from August 2025 to July 2026, rent increases to $8,910/month for the following lease term August 2026-July 2027. With off-street parking, a prime location, and high demand from large student groups, the property is already preleased two years in advance. This is a rare investment opportunity offering strong returns and long-term stability in the heart of IU student housing.

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Single Family Active

Price

$ 1,500,000

Bedrooms

6

Full Bath

6

Property Type

Single Family

Taxes

$ 14,748

Style

Victorian

Lot Size

0.2

Year Built

1925

Town/City

Bloomington

County/Region

Monroe

MLS | Web ID

202530690
Features
General
Sewer City
Heating Forced Air
Cooling Central Air
Laundry Y/N Upper
Fireplaces No
Status Active Active
Full Baths 6
Half Baths 0
Bathrooms 6
Year Built 1925
New Construction No
Subdivision Northeast Bloomington City
Style Two and Half Story
Township Bloomington
Class RESIDENTIAL
Type Site-Built Home
Age 100
REO No
Status Detail 0
Area Monroe County
High School Bloomington North
City Bloomington
School District Monroe County Community School C
Architctural Style Victorian
Total Sq Ft 2627
Elementary School University
Middle School Tri-North
Legal Description BOLLMAN PLACE LOT 14
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202530690
Agent First Name Jeff
Agent Last Name Brawley
DOM 126
Tax Year 2024
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Interior
Basement Crawl Partial Basement
Beds 6
Total Rooms 14
Full Baths Main 3
Full Baths Upper 3
Above Grade Bedrooms 6
Below Grade Baths 0
Below Grade Bedrooms 0
Full Baths Below Grade 0
Half Baths Below Grade 0
Half Baths Main 0
Half Baths Upper 0
1st Bedroom Level Main
1st Bedroom Width 10
2nd Bedroom Length 11
2nd Bedroom Level Main
2nd Bedroom Width 10
3rd Bedroom Length 15
3rd Bedroom Level Upper
3rd Bedroom Width 12
4th Bedroom Length 12
4th Bedroom Level Upper
4th Bedroom Width 14
5th Bedroom Length 12
5th Bedroom Level Upper
5th Bedroom Width 15
Basement Material Block
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Exterior
Exterior Wood
Pool No
Lot Size Area 8712
Lot Dimensions 62X143
Lot Description Level
Waterfront Y/N No
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* Excluded Features
List By
Jeff Brawley

Listing Agent

Brawley Real Estate

Broker

jeff.brawley@homefinder.org

Email

Affordability Calculator

$10,587
Per Month
88%
12%
0%
Monthly Principal & Interest
$9,358
Monthly Property Taxes
$1,229
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1235846 Elementary School
1235877 Middle School
Bloomington North High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/4/2025$1,500,000 Listed Price

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509 N Washington Street, Bloomington, IN, 47408 is a Single Family Home for sale at $1,500,000 with 2,627 sqft and a lot size of 0.2. 509 N Washington Street has 6 bedrooms, 6.0 baths, and was built in 1925. The property's zip code is 47408 which is in Bloomington, IN

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