516 S Mitchell Street Bloomington, IN ^$ 579,000

516 S Mitchell Street

^$ 579,000

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Recently Listed

516 S Mitchell Street

Bloomington, IN, 47401

^$ 579,000

Studio Baths3.0 Sq 2,704

Monthly Estimate*

^$ 3,656

516 S Mitchell Street, Bloomington, IN 47401 - Image 1

516 S Mitchell Street, Bloomington, IN 47401 - Image 2

516 S Mitchell Street, Bloomington, IN 47401 - Image 3

516 S Mitchell Street, Bloomington, IN 47401 - Image 4

516 S Mitchell Street, Bloomington, IN 47401 - Image 5

516 S Mitchell Street, Bloomington, IN 47401 - Image 6

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Studio

Multi-Family Home for sale in Bloomington, IN

for $579,000 with 3 full baths. This 2,704 square foot home was built in 1948.

This charming limestone home with a huge big backyard has a large, entertaining kitchen and a two car side load garage. There are twobedrooms on the main level and five bedrooms up with three baths. Rental permit on file for three. Prime location just a block and a half from the IndianaUniversity campus and activities.

Multi-Family Active

Price

^$ 579,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 8,309

Style

Year Built

1948

Town/City

Bloomington

County/Region

Monroe

MLS | Web ID

202632832

Features

General

Heating Forced Air

Cooling Central Air

Sewer City

Status Active Active

Full Baths 3

Half Baths 0

Bathrooms 3

Year Built 1948

New Construction No

Tenant Pays Cable Electric Water

Subdivision Southeast Bloomington City

Style Two Story

Stories Count 2

Township Perry

Class INVESTMENT

Type Other

Age 78

Net Income 31290.64

Rent Income 39600

Features Basement

REO No

Status Detail 0

Area Monroe County

High School Bloomington South

City Bloomington

School District Monroe County Community School C

Total Sq Ft 4056

Elementary School Rogers/Binford

Middle School Jackson Creek

Legal Description 015-32840-00 Hunters Park Lot 16

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202632832

Agent First Name Jeff

Agent Last Name Franklin

DOM 1

Tax Year 2026

Interior

Basement Unfinished

Flooring Wood

Beds 7

Total Number of Units 1

Microwaves 1

Refrigerators 1

Washers 1

Dryer(s) 1

Dishwasher(s) 1

Disposal(s) 1

Above Grade Bedrooms 7

Below Grade Baths 0

Below Grade Bedrooms 0

Total Rooms Below Grade 0

Ranges/Ovens 1

W/D Hookups 1

Exterior

Exterior Stone

Pool No

Number of Parking Spaces 1

Lot Size Area 6970

Lot Dimensions Irregular

Lot Description Irregular

Outbuilding None

Waterfront Y/N No

* Excluded Features

List By

Jeff Franklin

Listing Agent

Fc Tucker/Bloomington Realtors

Broker

franklin@tuckerbloomington.com

Affordability Calculator

$4,348

Per Month

Monthly Principal & Interest: $3,656
Monthly Property Taxes: $692
Monthly Home Insurance: --

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Down Payment

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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

Trends
Schools

Multi-family listings in Bloomington, IN

Average List Price ^$782,438

Percent of Sale Price 35%

About Bloomington, IN

85,394 Population

21% Since 2002

^$37,587 Median Income

23.35 Median Age

17% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1237630 Elementary School

1236228 Middle School

Bloomington South High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/12/2026	$579,000		Listed Price

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516 S Mitchell Street, Bloomington, IN, 47401 is a Multi-Family Home for sale at $579,000 with 2,704 sqft. 516 S Mitchell Street is a studio with 3.0 baths and was built in 1948. The property's zip code is 47401 which is in Bloomington, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the Multiple Listing Service of the Indiana Regional Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Indiana Regional Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 8/13/2026.

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516 S Mitchell Street

Multi-Family Home for sale in Bloomington, IN

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