Listing provided courtesy of Deb Tomaro Real EstateDeborah TomaroMLS# 202618905MLS ProviderContact Information: [email protected]
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Classic Bloomington limestone offering the flexibility to work beautifully as either an owner-occupied home or a smart investment opportunity. Located near downtown and Bryan Park, this spacious property combines character, function, and long-term potential in one of Bloomington's most desirable locations. With 3&4 bedrooms plus an office and 3 full bathrooms, the layout provides plenty of room to spread out whether you're looking for a primary residence, housing for an IU student, or a property with income potential. Generous bedroom sizes, a large living and dining room combination with a working fireplace, and an additional lower-level family room create comfortable spaces for both everyday living and entertaining. The current owners have maintained the home as a comfortable residence for their IU student, with rents intentionally kept below market for the current group of family and friend tenants. The property holds a rental permit for five (a rare find!), offering flexibility and strong future potential for buyers considering investment opportunities. Inside, thoughtful upgrades help the home stand apart from typical rentals, including a gourmet professional range, walk-in pantry, walk-in shower, specialty glass tile details, and a tankless water heater that helps ensure plenty of hot water for a full household. The unfinished basement ceiling was a stylistic choice reflecting an industrial design aesthetic rather than the result of damage, and buyers looking for a more finished appearance could easily update the space with painted ceilings (see photos for inspiration). Outside, buyers will appreciate the low-maintenance yard and the rare convenience of abundant off-street parking near campus. The property includes a 660 sq ft garage plus driveway parking for 4+ vehicles. Possession is available after August 7, making this an excellent opportunity to secure a well-located Bloomington limestone property before the next school year begins.

Source: Indiana Regional MLS, MLS#: 202618905

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  • Property Type
    Residential
  • Lot
    0.13 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 120 E Dixie Street


Schools

School data unavailable,
School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/23/2026Source: Indiana Regional MLS Added to Database
June 23, 2026
6/20/2026Source: Indiana Regional MLS Price Reduction
$420,000 -1.2%
6/5/2026Source: Indiana Regional MLS Price Reduction
$425,000 -1.2%
5/18/2026Source: Indiana Regional MLS Added to Database
May 18, 2026