Find us on Google+ 512 S Fess, Bloomington, IN 47401 | MLS 201625234 | Listing Information | Carpenter Realtors
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512 S Fess,

Bloomington IN, 47401 (Closed)
Sold Price:
$275,000
Date:07/08/2016
|
2 beds, 2 baths, 1,376 sqft
|
MLS# 201625234
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Last Updated: 12/4/2016 2:07 AM
Description for 512 S Fess Bloomington, IN 47401
Check out this amazing new construction and investment opportunity in historic Elm Heights neighborhood! This duplex offers so much more than meets the eye. The seller has secured approval from the City of Bloomington Planning Department for all variances necessary to construct an addition onto the west side of the structure. The approval from the City of Bloomington allows the purchaser to expand the structure from two 1 bedroom units into: one 2 bedroom/2 bath unit and one 3 bedroom/3 bath unit. The plan also provides for on-site parking (two spaces per unit for a total of four spaces). The property has already undergone review by the Historic Preservation Commission and the Historic Preservation Commission chose NOT to pursue local historic designation for the property. Both 1 bedroom units are rented through July/August 2017, however, each lease contains an early termination option which allows the purchaser to terminate both leases on June 1, 2017. The existing structure has undergone significant renovations. The plumbing, electrical, and HVAC (a new heat pump was installed) were completely replaced in 2009. Period appropriate renovations have also been made including refinished floors, restored woodwork, new appliances, as well as new fixtures and tile floors in both units' bathrooms. This is a unique chance for new construction in this part of town! It's located two blocks from IU Law school buildings.
Price
Sold Price:
$275,000
Sold Date:07/08/2016
Monroe County
2
2
1,376 (approx)
201625234
Closed
Description
Check out this amazing new construction and investment opportunity in historic Elm Heights neighborhood! This duplex offers so much more than meets the eye. The seller has secured approval from the City of Bloomington Planning Department for all variances necessary to construct an addition onto the west side of the structure. The approval from the City of Bloomington allows the purchaser to expand the structure from two 1 bedroom units into: one 2 bedroom/2 bath unit and one 3 bedroom/3 bath unit. The plan also provides for on-site parking (two spaces per unit for a total of four spaces). The property has already undergone review by the Historic Preservation Commission and the Historic Preservation Commission chose NOT to pursue local historic designation for the property. Both 1 bedroom units are rented through July/August 2017, however, each lease contains an early termination option which allows the purchaser to terminate both leases on June 1, 2017. The existing structure has undergone significant renovations. The plumbing, electrical, and HVAC (a new heat pump was installed) were completely replaced in 2009. Period appropriate renovations have also been made including refinished floors, restored woodwork, new appliances, as well as new fixtures and tile floors in both units' bathrooms. This is a unique chance for new construction in this part of town! It's located two blocks from IU Law school buildings.
Listing Information
Property Type: Single Family, 1 Story
2 2
0.15 Acres 1,376 (approx) 1920
1 Concrete
Perry//
City
City Sewer
Neighborhood
School Information
District: Monroe County Community School C
ROGERS/BINFORD JACKSON CREEK BLOOMINGTON SOUTH
Room Information
Main Floor
10X12
10X12
Interior Features
Central Air
Forced Air
Crawl
Exterior / Lot Features
Concrete
45X148
Other
Driving Directions
South Fess
Financial Considerations
53-08-04-107-007.00>
$4,153
Listing Price History

Bloomington Real Estate

Bloomington is located in Indiana. Bloomington, Indiana 47401 has a population of 80,440.

The median household income in Bloomington, Indiana 47401 is $27,116. The median household income for the surrounding county is $38,675 compared to the national median of $53,046. The median age of people living in Bloomington 47401 is 23.4 years.

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Courtesy: Griffin Realty Donald Griffin
Information is provided exclusively for consumers' personal, noncommercial use, that it 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. Copyright 2016, Indiana Regional MLS (IRMLS)
Information is deemed reliable but is not guaranteed.

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