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4
beds
4
baths
2,880
square ft

406 E Hillside Drive
Bloomington, Indiana 47401

Closed / MLS #202409773 / Multiple Unit (2-4) / Bloomington
Listing information updated 4/25/2024 at 5:03pm
Superior condition apartment building, The Elmer on Hillside (named after original owner, Elmer Smallwood). This 4 unit building was completely rebuilt from the ground up in 2012, including the original front facade restored. From new foundation to the solar panels on the roof and everything in between, you'll love this ultra low maintenance investment opportunity (no grass to mow!). Each unit has the same layout (see floorplan in photos) and higher end finishes. One bedroom, one bath, washer/dryer in unit and plenty of closet space. The units are heated with two mini split systems each. Each unit has its own secure storage space in the walkout basement. Landlord pays water/sewer/trash (Approximately $1500/year) and internet ($2062/year). Sprinkler/fire alarm system is managed by Koorsen ($1200/year). Electric for the basement heat/AC/electric is covered by the solar panels. Each tenant pays their own electric. The owner is in the process of updating rents to $1200/month. Leases for 2024-2025 have been signed for Apartments 3 and 4 ($1150 and $1200). Active leasing is underway for Apartments 1 and 2. Owner manages property. Walk through video available on YouTube.
Exterior Type:
Ext. Insulated
Basement:
Full Basement,Walk-Out Basement
Beds Above Grade:
4
Cooling System:
Multiple Cooling Units
Heating System:
Electricity
Appliances:
Building, Lease, Solar Panels - Owned
Pool:
No
Age:
11 Years
Parking Spaces:
4
Water Front:
No
Square Feet:
2,880
Lot Size:
0.14
Acreage:
0.14
Other:
4750 x 1
Tax Amount:
$6,437
Tax Year:
2024
Zip Code:
47401
City:
Bloomington
County:
Monroe County
School District(s):
Monroe County Community School C
Elementary School:
Templeton
Middle School:
Jackson Creek
High School:
Bloomington South

Listing Agent: Deborah Tomaro

Listing Office: Deb Tomaro Real Estate

Agent Contact Information: deb.tomaro@homefinder.org

Disclaimer: IDX information provided by the Indiana Regional MLS. 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.

$371,473
Average Sale Price
69
Average Days On The Market
97%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 406 E Hillside Drive, Bloomington, IN 47401

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406 E Hillside Drive, Bloomington, IN 47401 is a multiple unit (2-4) which sold for . 406 E Hillside Drive features 4 Beds, 4 Baths. This multiple unit (2-4) has been listed on @properties IND since March 25th, 2024 and was built in 2013. Nearby schools include Templeton, Jackson Creek, and Bloomington South.