500 N Walnut Street
Bloomington, IN, 47404 $ 1,125,000
Bedrooms3 Baths2.1 Sq 2,319 Monthly Estimate*
$ 7,770
for $1,125,000 with 3 bedrooms and 2 full baths, 1 half bath. This 2,319 square foot condo was built in 2002.
Rarely does a condominium like this become available in downtown Bloomington. Located in the highly desirable Lockerbie community, this premier fourth-floor residence offers 2,319 square feet with 3 bedrooms, 2.5 baths, two private balconies, four parking spaces, and exceptional storageall within walking distance of downtown and Indiana University. More than $170,000 has been invested in improvements since 2022, including a remodeled primary bath with heated floor, updated kitchen countertops, lighting, sink and disposal, new Trane HVAC, flooring, tile, carpet, appliances, and a new office with French doors and built-in bookcases. Two balconies provide outdoor living from different exposures. The east-facing balcony looks toward the Indiana University campus and away from the street, offering treetop views and beautiful morning sunrises. Large patio doors bring abundant natural light into the living space and reinforce the connection between indoors and out. The amenities further distinguish this residence. Unit 403 is the only condominium in Lockerbie with four parking spaces, providing the ability to have four building-access key fobs and four garage door openers, and it includes the largest storage unit in the parking garage. Residents also have shared access to a fitness center. The secure building and dedicated parking provide an easy lock-and-leave lifestyle in the heart of Bloomington. Step outside and much of Bloomington is within walking distancedowntown restaurants and entertainment, Kirkwood Avenue, the Indiana University campus, and IU athletic facilities. Whether used as a full-time residence or a Bloomington retreat, the combination of space, security, parking, storage, outdoor living, and walkability is difficult to duplicate. HOA services include high-speed internet, water, sewer, and trash pickup, adding convenience to the low-maintenance condominium lifestyle. Lockerbie residences do not often become available, and opportunities offering this particular combination of size, improvements, amenities, and location are especially rare in downtown Bloomington.
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FeaturesGeneralSewer City
Heating Gas Forced Air
Kitchen Level Main
Cooling Central Air
Laundry Y/N Main
Fireplaces Yes
Garage Attached
Amenities 1st Bdrm En Suite Alarm System-Security Balcony Breakfast Bar Built-In Bookcase Ceiling-9+ Countertops-Stone Elevator Fire Sprinkler System Foyer Entry Garage Door Opener Intercom Open Floor Plan Spl
Status Active Active
Full Baths 2
Half Baths 1
Bathrooms 3
Year Built 2002
New Construction No
Subdivision Lockerbie Court
Style One Story
Township Bloomington
Class RESIDENTIAL
Type Condo/Villa
Age 24
Unit Number 403
REO No
Status Detail 0
Common Amenities Exercise Room Security Sidewalks
Dining Room Level Main
Area Monroe County
Location City/Town/Suburb Near College Campus Gated Community
High School Bloomington North
City Bloomington
School District Monroe County Community School C
HOA Fees $ 873
Architectural Style Other
Total Sq Ft 2319
Elementary School University
Middle School Tri-North
Legal Description 013-22600-43 LOCKERBIE COURT UNIT 403
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202641504
Agent First Name Shane
Agent Last Name Gibson
DOM 0
Tax Year 2026
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InteriorBasement Daylight
Fireplace(s) 1
Flooring Carpet Tile Vinyl Stone
Beds 3
Total Rooms 7
Dining Room Length 19
Dining Room Width 12
Fireplace Living/Great Rm
Living Room Width 18
Other Room 1 Description Primary Bath Ensuite
Living Room Length 22
Full Baths Main 2
Full Baths Upper 0
Above Grade Bedrooms 3
Below Grade Baths 0
Below Grade Bedrooms 0
Full Baths Below Grade 0
Half Baths Below Grade 0
Half Baths Main 1
Half Baths Upper 0
1st Bedroom Level Main
1st Bedroom Width 18
2nd Bedroom Length 17
2nd Bedroom Level Main
2nd Bedroom Width 12
3rd Bedroom Length 12
3rd Bedroom Level Main
3rd Bedroom Width 12
Extra Room Description Office
Extra Room Length 11
Extra Room Level Main
Extra Room Width 8
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ExteriorExterior Brick
Driveway Concrete
Pool No
Garage Length 20
Garage Width 20
Lot Dimensions N/A
Lot Description 0-2.9999
Garage Capacity 4
Waterfront Y/N No
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* Excluded FeaturesList ByShane GibsonListing Agent
shane@sweetmaplerealty.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $7,770
- Monthly Property Taxes
- $519
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbyCondo listings in Bloomington, IN
Average List Price $357,104
Percent of Sale Price 68%
About Bloomington, IN 85,394 Population
21% Since 2002
$ 37,587 Median Income
23.35 Median Age
17% Households with Children
Trends Information provided by ATTOM Data Solutions.
1235846 Elementary School
1235877 Middle School
Bloomington North High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/7/2026 | $1,125,000 | | Listed Price |