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785 W Main St, Bloomfield, IN, 47424

5beds
6baths
4,228sqft
$199,900
$47price/sqft
$1,761/moest. monthly cost
$70,440/yrincome needed

About This Home

Opportunity awaits with this spacious 5-bedroom, 4 full bath, 1 half-bath home situated on approximately 0.97 acres along State Road 54 at the edge of Bloomfield. Offering over 4,000 square feet of living space, this unique property provides room to grow, entertain, work, or create the layout that best fits your needs. Inside, you'll find generously sized rooms, multiple living areas, and a rare basement shower room that adds additional functionality. The home's size and layout offer endless possibilities for a large family, multigenerational living, hobby space, home office needs, or future updates tailored to your vision. Outside, the nearly one-acre lot provides a park-like setting with mature trees, established landscaping, and excellent visibility from Highway 54. The location offers convenient access to Bloomfield while maintaining a sense of privacy and space. The property is in need of repairs, updates, and general TLC and is priced accordingly at just $199,900, presenting an excellent opportunity for buyers looking to build equity through improvements. Whether you're searching for a large residence, an investment opportunity, or a property with potential for alternative uses, this home deserves a closer look. Currently utilized as a residential property. Buyers are encouraged to perform their own due diligence regarding zoning, permitted uses, and any potential future applications of the property. Being sold as-is.

Getting Around

36
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

7/10
4/10
Bloomfield Middle SchoolGrades 6-80.2 mi
5/10

Construction

Condition

  • Year built: 1933

Materials

  • Construction materials: Limestone

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Oven,Electric Range

Basement

  • Has basement: Yes
  • Basement: Walk-Out Access,Unfinished

Bedroom1

  • Level: Main

Bedroom2

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 6
  • Full bathrooms: 4
  • 1/2 bathrooms: 2
  • Main level bedrooms: 2

Dining Room

  • Level: Main
  • Area: 150

Features

  • Flooring: Hardwood,Carpet
  • Number of fireplaces: 1
  • Fireplace features: Living Room
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 4,228

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 6,278
  • Total interior livable area: 4,228 sqft

Kitchen

  • Level: Main
  • Area: 108

Living Room

  • Level: Main
  • Area: 550

Property

Details

  • Parcel number: 280822443003.000025

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 0.97 Acres
  • Features: Level,Rolling Slope,City/Town/Suburb

Parking

  • Total spaces: 2
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Strong Wind
Tornado
Winter Weather
Earthquake
Hail
Heat Wave
Inland Flooding
Ice Storm
Lightning

FEMA Declared Disasters Across Indiana Counties

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,010$12,120
Home Insurance *$220$2,640
Property Taxes $144$1,728
Electricity $387$4,650
Total$1,761$21,132
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$60,377/yr
40% on housing$52,830/yr
45% on housing$46,960/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.9%
7.9%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: -2.9%
-2.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$47This listing

vs Other Active Listings

Avg $/sqft

ZIP 47424$114
Greene County$104

vs Homes Sold Last Month

Median $/sqft

ZIP 47424
Greene County$107

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-06-05Listed for sale$199,900

For Sale by Agent

AgentNatasha Rowlett
BrokerageWilliams Carpenter Realtors

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