16 days on rocket

1398 E Rhorer Rd, Bloomington, IN, 47401

$580,000

Home List Price

$6,888*

Closing Credit

4 Bedrooms
3 Full Baths
$342/SqFt
House
Schools Nearby

Location

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1398 E Rhorer Rd, Bloomington$580,000

Buyer Closing Credits

$6,888*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Garage2 spaces
Year Built1973
HeatingNatural Gas, Other
CoolingCentral Air, Other
FireplaceLiving/Great Rm
MLS #202416860
Lot Size1.25 Acres
StatusActive

About 1398 E Rhorer Rd

Nestled on 1.25 acres of serene landscape, this picturesque property offers the best of rustic charm and modern comfort. The main house, a part log cabin, features cozy yet spacious living quarters with one bedroom and two full baths, perfect for intimate gatherings or peaceful retreats. Additionally, an auxiliary dwelling situated over the two-car garage provides ample space with three bedrooms and one bath, ideal for accommodating guests or generating rental income. With its versatile layout, this property is a prime candidate for a charming bed and breakfast venture, offering guests a unique and inviting experience amidst nature's tranquility. Whether you're seeking a private sanctuary or a lucrative investment opportunity, this property embodies the essence of rustic elegance and promises a lifestyle of relaxation and hospitality. Property has been approved by Monroe County Planning to be used as a bed & breakfast.

Property Details

Property Features

Property Information:

  • Architectural Style: Cabin/Cottage
  • Year Built: 1973

Listing Office:

  • Office Name: FC Tucker/Bloomington REALTORS
  • Office Email: heather.bland@homefinder.org
  • Listing Agent: Heather Bland

Interior Features

Interior Information:

  • Fireplace: Living/Great Rm

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Wood

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No

Virtual/3D Tour

  • Virtual Tour: 1398 E Rhorer Rd

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Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 1.25 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Other
  • Cooling: Central Air, Other

Other

Directions Information:

  • Directions: From Old SR 37, turn onto Rhorer Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $580,000
  • Price Per SqFt: $342/SqFt

Tax Information:

  • Annual Amount: $2,552
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Bloomington, IN.

Med. Sold Price

$320K

Med. Price/SqFt

$175

Avg. Days On Market

40

# of Sold Homes

50

1398 E Rhorer Rd vs Bloomington

16 DAYS ON ROCKET

-24 Days

$580,000

+$260K More

$342/SqFt

+$167 More

KEY TAKEAWAY

This property is $260K more than the Median Sold Price and $167/SqFt more than other homes in Bloomington, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #202416860

Listing Office:

  • Office Name: FC Tucker/Bloomington REALTORS
  • Office Email: heather.bland@homefinder.org
  • Listing Agent: Heather Bland

IDX The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). 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. ©2011-2024 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2024, 7:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,552$190,200
2019$2,607$190,200
2017$2,641$191,700

History based on county public records data.

Payment Calculator

$2,962

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,805

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4684389
4
/10
  • Clear Creek Elementary School

  • 300 W Clear Creek Dr

  • 1.17 miles

  • Public District Grades PK-6

school-card-donut-4684390
8
/10
  • Childs Elementary School

  • 2211 S High St

  • 1.34 miles

  • Public District Grades PK-6

school-card-donut-4684391
5
/10
  • Templeton Elementary School

  • 1400 South Brenda Ln

  • 2.12 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,214. Residents of Bloomington, IN typically earn between $35k-100k each year. The most common type of family is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1398 E Rhorer Rd

What is the listing price of this property?

The listing price of 1398 E Rhorer Rd property is $580,000.

What type of property is this?

The property 1398 E Rhorer Rd is a house located in Bloomington, Indiana, 47401.

Is this property for sale now?

Active Listing: 1398 E Rhorer Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,552 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1398 E Rhorer Rd has 4 bedrooms and 3 bathrooms.

Which year was this property built?

The year of construction for 1398 E Rhorer Rd is 1973.

Rocket Homes›Indiana›Monroe County›Bloomington›47401›1398 E Rhorer Rd

This home is located at 1398 E Rhorer Rd in Bloomington, IN and zip code 47401. This home was built in 1973. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 13, 2024 and is currently priced at $580,000.

In April 2024 more than 8 listings in Bloomington, IN were sold above the asking price. During the same period more than 18 listings were sold at asking price, while more than 24 were sold below. Between March 2024 and April 2024, Bloomington, IN real estate market has seen increase in the number of listings by 64.5%. Listings spent 40 days on the market in April 2024, and had a median list price of $320,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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