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1605 E University St, Bloomington, IN, 47401

2beds
1baths
768sqft
$295,000
$384price/sqft
$2,321/moest. monthly cost
$92,840/yrincome needed

About This Home

Property is leased until July 31st, 2026. Incredible! This adorable 1950s home has a prime location just blocks to Indiana University and is in exquisite condition. Loads of charm is available in this ranch with a charming fireplace, beautiful hardwood flooring and eat in kitchen. Enjoy the tranquility in the wonderfully private backyard. This stretch of University Street is near a “T“ intersection and is quieter with less through traffic and more destination oriented pattern.

Getting Around

66
WalkingSomewhat Walkable
31
TransitSome Transit
70
BikeVery Bikeable

Schools

--
Rogers Elementary SchoolGrades K-20.4 mi
8/10
10/10

Construction

Condition

  • Year built: 1953

Materials

  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Basement

  • Basement: Crawl Space

Bedroom1

  • Level: Main

Bedroom2

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 2

Features

  • Finished area below ground: 0
  • Finished area above ground: 768

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 768
  • Total interior livable area: 768 sqft

Kitchen

  • Level: Main
  • Area: 99

Living Room

  • Level: Main
  • Area: 221

Property

Details

  • Parcel number: 530803208071.000009

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 9,583 sqft
  • Features: Irregular Lot

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 WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Winter Weather

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 $1,491$17,892
Home Insurance *$129$1,548
Property Taxes $517$6,204
Electricity $184$2,212
Total$2,321$27,852
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$79,577/yr
40% on housing$69,630/yr
45% on housing$61,893/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: 9.8%
9.8%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 7.5%
7.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$384This listing

vs Other Active Listings

Avg $/sqft

ZIP 47401$172
Monroe County$167

vs Homes Sold Last Month

Median $/sqft

ZIP 47401$176
Monroe County$183

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
2026-05-14Listing removed$1,450
2026-05-05Listed for rent$1,450
2026-02-24Price change$314,000
2025-08-12Listed for sale$325,000
2024-09-30Listing removed$1,450
2024-09-12Listed for rent$1,450
2019-12-23Listing removed$1,150
2019-09-11Listed for rent$1,150
2018-10-29Listing removed$1,100
2018-09-10Listed for rent$1,100
2017-09-13Listing removed$975
2017-09-08Listed for rent$975
2010-09-09Sold$110,000

For Sale by Agent

AgentJeff Franklin
BrokerageFC Tucker/Bloomington REALTORS

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