4977 E State Road 46 Bloomington, IN 47408
Listing Courtesy of: INDIANA REGIONAL MLS, INC / eXp Realty LLC / Chris Berg - Contact:  Cell: 812-318-0050

  4977 E State Road 46 Bloomington, IN 47408

Active (6 Days)
$599,000

Description

10% CAP Rate! Two New Homes. One Incredible Opportunity. Welcome to a one-of-a-kind property offering not one, but two fully renovated homes on a single parceljust minutes from all that Bloomington has to offer. Whether you're looking for a multi-generational setup, a primary home with guest space, or a smart investment opportunity, this property checks every box. Home One is a beautifully updated 3-bedroom, 2-bath residence featuring a brand new roof, new HVAC system, and a stunning open-concept kitchen with quartz countertops. Luxury bathrooms, updated flooring, fresh paint, and modern cabinetry complete the homes crisp, contemporary feel. Just 200 feet away sits Home Two, a converted barn turned high-end retreat. The upper level offers 1 bedroom, 1 bath, and an open-concept kitchen and living area with new floors, cabinets, and paint. The lower level is a creative flex spacecomplete with polished concrete floors, panoramic windows overlooking the forest, and a potential office or second bedroom setup. Two covered decks provide plenty of room for entertaining, relaxing, or hosting unforgettable gatherings. Rent this home to pay for your primary? This is more than a homeits a lifestyle and an opportunity. Dont miss it.

MLS #:
202524187
Taxes
$2,683(2023)
Lot Size
1 acres
Type
Multifamily
Year Built
1930
Style
Other
School District
Monroe County Community School Corp.
County
Monroe County
Community
None

Listed By

Chris Berg, eXp Realty LLC, Contact: Cell: 812-318-0050
Source
INDIANA REGIONAL MLS, INC
Last checked Jul 1 2025 at 12:05 AM GMT+0000
Bathroom Details
Subdivision
  • None
Lot Information
  • Irregular
  • Level
  • Partially Wooded
  • Rolling
  • Slope
Heating and Cooling
  • Forced Air
  • Central Air
  • Multiple Cooling Units
  • Other
Basement Information
  • Crawl
  • Slab
Flooring
  • Concrete
  • Laminate
  • Mixed
Exterior Features
  • Block
  • Vinyl
  • Wood
Utility Information
  • Utilities: City, Public
  • Sewer: Septic
School Information
  • Elementary School: University
  • Middle School: Tri-North
  • High School: Bloomington North
Parking
  • Gravel
  • Lot
Living Area
  • 3,460 sqft
Additional Information: eXp Realty LLC | Cell: 812-318-0050
Location
   
Calculate drive times to this property
 
Powered by INRIX® Drive Time

Powered by Walk Score®

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by C21 Scheetz and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: 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. © 2025 Indiana Regional MLS.. 6/30/25 17:05