Address
717 & 801 N College Avenue Bloomington, IN
Price
$ 2,550,000
Property Attributes
- MLS#202210025
- TypeMulti-Family
- CountyMONROE
- CityBloomington
- AreaBloomington
- NeighborhoodKenwood
- Zip47404
- StyleVictorian
- Year Built1840
- Taxes$ 19221
- Price$ 2,550,000
- Bedrooms10
- Full Bathrooms9
- Half Bathrooms3
- Sqr Footage7249
Listing Provided Courtesy Of:
Kerry Feigenbaum with FC Tucker/Bloomington REALTORS
Data Source:
Indiana Regional MLS (IRMLS)
Property Description
Remarkable investment opportunity close to IU Campus and Bloomington's Downtown on highly visible College Avenue. Both properties sit side by side facing College Avenue with an empty lot in the center that is part of the 801 plat. Property is developable, see separate docs from Monroe County Planning attached and visit the planning department for further information. 801 N College was the former Scholars Inn Bed & Breakfast and offers 5 bedrooms and study with each room boasting an en suite (6 total full baths). The property has parking and a beautiful back yard with mature trees. This is currently rented to students and has leases in place thru August 2023. 717 N College was the former Scholars Inn Gourmet Cafe and Wine Bar. It was completely remodeled in 2020 and has been operating as a Vacation Rental since July 2020. Each level is rented separately or the entire house can be rented together with 2 separate listings on vacation rental sites. 717 would be sold turn key and buyers may take over VRBO and Air B&B listings with bookings through the fall and Graduation 2023. This property has 3 bedrooms and 2 full plus 2 half baths downstairs and an additional full bath and two bedrooms upstairs with a kitchenette. Each level has an expansive deck and the back of this property has 16 parking spots which generate income from Flexepark. Both houses were built before 1900 and exude all the charm you'd expect to find in homes of this era. See document attached for details of each property.
| Elementary School | Middle School | High School |
|---|---|---|
| Fairview Elementary School | Tri-North Middle School | Bloomington North High School |
| Price History | |
|---|---|
| 3/25/2022 | Listed $2,550,000 |
General Features
| # of Buildings | 2 |
|---|---|
| Age | 182 |
| Agent First Name | Kerry |
| Agent Last Name | Feigenbaum |
| Arch Style | Victorian |
| Assoc. Dues Frequency | Not Applicable |
| Basement | Cellar, Unfinished |
| Bathrooms | 12 |
| Beds | 10 |
| Cooling | Central Air, Multiple Cooling Units, Other |
| Elementary School | Fairview |
| Features | Ceiling Fan, Fireplace, Off Street Parking, Near Walking Trail, Storage, Breakfast Bar, Cable Ready, Detector-Carbon Monoxide, Detector-Smoke, Jet/Garden Tub, Water Heater Gas |
| Full Baths | 9 |
| Half Baths | 3 |
| Heating | Electricity, Gas, Conventional, Heat Pump, Multiple Heating Systems |
| High School | Bloomington North |
| Legal Description | (717) 013-41750-00 KENWOOD LOT 12 & PT LOT 13 (801) 013-33100-00 KENWOOD PT LOT 13, LOT 18, &; PT NW 33-9-1W; TOTAL .57A; PLAT L18 |
| Listing Area | Monroe County |
| Middle School | Tri-North |
| New Construction | No |
| Parking | Off Street |
| Pet Restrictions Y/n | No |
| Pool Y/N | No |
| REO | No |
| School District | Monroe County Community School C |
| Sewer | City |
| Status | Active |
| Status | Active |
| Stories | 2 |
| Style | Two Story |
| Subdivision | Kenwood |
| Tax Year | 2022/23 |
| Tenant Pays | Cable, Cooling, Electric, Heating, Sewer, Water |
| Total Sq Ft | 8419 |
| Type | Other |
| Virtual Tour | https://www.propertypanorama.com/instaview/irmls/202210025 |
| Year Built | 1840 |
Interior Features
| Above Grade Bedrooms | 10 |
|---|---|
| Basement Material | Block |
| Basement Y/n | Yes |
| Below Grade Unfin. Sqft | 1170 |
| Dishwasher(s) | 2 |
| Disposal(s) | 2 |
| Dryer(s) | 2 |
| Flooring | Carpet, Tile, Vinyl Tile, Wood |
| Microwaves | 3 |
| Ranges/Ovens | 2 |
| Refrigerators | 5 |
| Total Number of Units | 2 |
| Total Rooms Below Grade | 1 |
| Unit 1 Sqft | 3104 |
| Unit 1-# Of Bathrooms | 6 |
| Unit 1-# Of Bedrooms | 5 |
| Unit 2 Sqft | 4145 |
| Unit 2-# Of Bathrooms | 5 |
| Unit 2-# Of Bedrooms | 5 |
| W/D Hookups | 2 |
| Washers | 2 |
Exterior Features
| Approx. Lot Size Acres | 0.69 |
|---|---|
| Driveway | Asphalt |
| Exterior | Brick, Wood |
| Lot Description | Irregular, Partially Wooded, Historic Designation |
| Lot Dimensions | Unknown |
| Lot Size Area | 30056 |
| Number of Parking Spaces | 24 |
| Outbuilding | Shed |
| Roof Material | Dimensional Shingles, Shingle |
| Waterfront Y/N | No |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
IDX information is provided exclusively 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 deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided by the Indiana Regional MLS.
Information last updated on June 27, 2022 12:01 PM UTC
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MIBOR REALTOR® Association All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Weichert, Realtors® - Len Wilson & Associates - Lafayette may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2022 All rights reserved.
Last Updated: June 27, 2022 1:09 PM UTC
