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506 E University St; Bloomington, IN Property Details

506 E University St, Bloomington, IN is a Single Family that was built in 1920. This property is currently a cash purchase and is not for sale. Our records show that 506 E University St has 3 bedrooms, and 2 bathrooms, and a total of 1,664 square feet. The lot size of 506 E University St is 12,197 square feet.

Off market
506 E University St Bloomington, IN 47401
$513,700 Estimated Value
3 Beds
2 Baths
1,664 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1920
  • Est. Equity / %: $497,000 / 100%
  • Gross Yield: 8.946%
  • APN: 53-08-04-218-003.000-009
  • Situs County: Monroe
  • Length Of Ownership: 20 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 9

Structure

  • Building Style: Brick
  • Stories: 2
  • Building Condition: Average
  • Building Quality: C+
  • Roof Cover Type: Asphalt
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 1,664/SqFt
  • Lot: 12,197/SqFt
  • Living: 1,664/SqFt
  • Basement: 936/SqFt
  • Building: 1,664/SqFt
  • Ground: 1,664/SqFt
  • Basement Finished: 900/SqFt
  • Basement Unfinished: 936/SqFt

Legal Description

  • Description: POTTERS PARK LOT 18 & W 1/2 LOT 15
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Monroe County Community School Corporation
  • Lat / Lon: 39.160294 / -86.52823
  • Subdivision: Potter Park Addition
  • Property Class: Residential
  • County Use Code: 1

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4829
  • Bathroom Fixtures: 10
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Central

Ownership Info

506 E University St has no associated ownership info
506 E University St has no associated ownership info.

Taxes

506 E University St has 10 associated Taxes items

506 E University St, Bloomington, IN pays taxes in Monroe County, IN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $513,700. The APN we've located for 506 E University St is 53-08-04-218-003.000-009.

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Taxes
  • Assessed Value:  $513,700
  • Assessed Year:  2025
  • Assessed County:  Monroe
  • APN:  53-08-04-218-003.000-009
  • Assessed Land Value:  193700
  • Market Land Value:  193700
  • Tax Amount:  10155.88
  • Tax Year:  2025
  • Market Value:  513700
  • Market Year:  2025

Tax History

506 E University St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $513,700 Land Value $193,700 Improvement Value $320,000 Tax Amount $10,155.88 Change Rate -0.039524% Assessed CR Tax Rate +0.01977%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $10,573.8 Change Rate +1.048305% Assessed CR Tax Rate
Year 2023 Assessed Value $487,900 Land Value $193,700 Improvement Value $294,200 Tax Amount $5,162.22 Change Rate -0.410083% Assessed CR Tax Rate +0.01058%
Year 2022 Assessed Value $432,200 Land Value $168,500 Improvement Value $263,700 Tax Amount $8,750.76 Change Rate +0.16461% Assessed CR Tax Rate +0.020247%
Year 2021 Assessed Value $362,500 Land Value $147,100 Improvement Value $215,400 Tax Amount $7,513.9 Change Rate +0.034237% Assessed CR Tax Rate +0.020728%
Year 2020 Assessed Value $299,100 Land Value $94,700 Improvement Value $204,400 Tax Amount $7,265.16 Change Rate +0.100288% Assessed CR Tax Rate +0.02429%
Year 2019 Assessed Value $314,000 Land Value $58,600 Improvement Value $255,400 Tax Amount $6,602.96 Change Rate +0.082154% Assessed CR Tax Rate +0.021029%
Year 2018 Assessed Value $289,500 Land Value $54,000 Improvement Value $235,500 Tax Amount $6,101.68 Change Rate +0.092207% Assessed CR Tax Rate +0.021077%
Year 2017 Assessed Value $264,500 Land Value $54,000 Improvement Value $210,500 Tax Amount $5,586.56 Change Rate +0.011889% Assessed CR Tax Rate +0.021121%
Year 2016 Assessed Value $260,900 Land Value $54,000 Improvement Value $206,900 Tax Amount $5,520.92 Change Rate Assessed CR Tax Rate +0.021161%
Year 2014 Assessed Value $258,900 Land Value $49,500 Improvement Value $209,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $5,390.56 Change Rate Assessed CR Tax Rate