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Listed by Michelle Chandler • Keller Williams Indy Metro Partners

$599,000

Est. payment - /mo

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6 Beds

2 Baths

3,616 SqFt

Active

521 S Grant ST Bloomington, IN 47401

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Kelly Church

tempkellychurchexp@gmail.com +1(765) 621-5818

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,616 sqft

Price per Sqft $165

Subdivision No Subdivision

MLS Listing ID 22102682

Bedrooms 6

Full Baths 2

HOA Y/N No

Year Built 1908

Tax Year 2025

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type Single Family Residence

Property Description

RARE INVESTMENT OPPORTUNITY JUST 1.5 BLOCKS FROM INDIANA UNIVERSITY! This Grant Street property offers exceptional flexibility with 6-person occupancy approval and approval for use as a duplex-giving the next owner multiple options: rent it as one large 6-bedroom home, operate it as two rental units, or make it your own residence. And the location is hard to beat. You're approximately 1.5 blocks from IU's campus and just 3 blocks from restaurants, bars, shopping and Bloomington nightlife, making this an incredibly convenient location for students and tenants. The property also offers private off-street parking plus street parking. Under the current ownership, the home has been consistently rented as one large residence to six students. The main level features 3 bedrooms, a kitchen, full bath, huge great room, additional living room and enclosed porch, along with hardwood floors, built-in bookshelves and plenty of character. Upstairs you'll find 3 additional bedrooms, a second kitchen and bathroom, hardwood floors and spacious closets. Shared laundry and abundant storage are located in the basement. Central air is on both floors and new in 2026 for the upstairs. Furnace is 4 and a half yrs old and water heater is new 2025. With its proximity to IU, established rental history, 6-person occupancy approval and duplex-use flexibility, properties with this combination of location and versatility are hard to find. Explore long-term rental, potential short-term rental where permitted, owner occupancy, or other possibilities allowed by applicable regulations. Students can walk to class, dining and nightlife-and investors get a property with multiple ways to make the numbers work. All room dimensions are approximate and should be independently verified by buyer. Buyer to verify occupancy permits, rental status, zoning, allowable uses and any short-term rental requirements.

Location

State IN

County Monroe

Rooms

Basement Egress Window(s), Full, Storage Space, Unfinished, Walk-Out Access

Main Level Bedrooms 3

Interior

Interior Features Breakfast Bar, Built-in Features, High Ceilings, Paddle Fan, Hi-Speed Internet Availbl, Eat-in Kitchen, Wired for Data, Walk-In Closet(s)

Heating Forced Air

Cooling Central Air, Other

Flooring Hardwood

Equipment Smoke Alarm

Fireplace N

Appliance Electric Oven, Refrigerator, Water Heater

Exterior

Exterior Feature Storage Shed

Garage Spaces 1.0

View Y/N true

Water Access Desc Public

View Neighborhood

Building

Story Two

Foundation Block, Full

Water Public

Architectural Style Dutch Colonial

Structure Type Stone

New Construction false

Schools

Elementary Schools University Elementary School

Middle Schools Jackson Creek Middle School

High Schools Bloomington High School South

School District Monroe County Community Sch Corp

Others

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NEARBY SCHOOL & BUSINESS

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Kelly Church

Agent

+1(765) 621-5818

521 S Grant ST Bloomington, IN 47401

Kelly Church

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

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521 S Grant ST