1321 E Atwater Ave, Bloomington, IN, 47401
About This Home
AUCTION – ***LIST PRICE IS THE OPENING BID PRICE.*** IU campus-area investment property located along E Atwater Ave near Indiana University. This 1-story property offers approximately 1,038 SF above grade plus approximately 500 SF of finished basement area, with 2 bedrooms and 1 full bath. Features include a full walk-out basement, central heat and A/C, fireplace, open porch and garage. Situated on approximately 0.08 acres with sidewalks and public utilities. MLS records identify the property as MM – Mixed-Use Medium-Scale zoning, creating an important consideration for investors evaluating the property's current and potential future use. Convenient to Indiana University, IU facilities, dining, downtown Bloomington and the greater campus community. Part of a generational portfolio of investment properties being offered at auction near Indiana University. Property inspection Friday, August 14 from 9 AM–5 PM. Online bidding opens August 27. Live/Simulcast Auction September 3 at 1 PM ET at the Bloomington Convention Center. Buyers should independently verify zoning, permitted uses, square footage, occupancy, rental information and all property information. IMPORTANT PROPERTY VIEWING & INSPECTION INFORMATION Due to the properties being currently occupied by multiple tenants, all properties included in this auction will be available for viewing and inspection on ONE DAY ONLY: Friday, August 14 | 9:00 AM – 5:00 PM During this designated inspection event, all auction properties will be open and available for prospective buyers, real estate agents, inspectors, contractors, and other professionals to walk through and evaluate. No private or individual showings will be available before or after August 14. Real estate agents will not be able to schedule separate showing appointments for their clients. Buyers are strongly encouraged to attend on August 14 and complete any desired inspections or due diligence during this time. Buyers may bring their real estate agent, inspector, contractor, or other advisors with them. Please plan accordingly, as August 14 will be the only opportunity. ZONING: Mixed use medium scale. (MM)
Getting Around
Very Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Year built: 1946
Materials
- Construction materials: Aluminum Siding
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Basement
- Has basement: Yes
- Basement: Full,Walk-Out Access,Block
Bedroom1
- Level: Main
Bedroom2
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 2
Dining Room
- Level: Main
- Area: 120
Features
- Number of fireplaces: 1
- Fireplace features: 1st Bdrm
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 1,038
Heating & Cooling
- Heating features: Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 1,058
- Total interior livable area: 1,038 sqft
Kitchen
- Level: Main
- Area: 110
Living Room
- Level: Main
- Area: 273
Property
Details
- Parcel number: 530803204056.000009
- Zoning: MM
- Special condition: Auction
Features
- Levels: One
- Stories: 1
Lot
- Lot size: 3,484 sqft
- Features: 0-2.9999
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
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,011 | $12,132 |
| Home Insurance * | $87 | $1,044 |
| Property Taxes | $343 | $4,116 |
| Electricity | $184 | $2,212 |
| Total | $1,625 | $19,500 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
Wildfire
HailWindHow 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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2024-04-12 | Listing removed | -- |
| 2024-03-30 | Listed for rent | $1,300 |
| 2019-10-14 | Listing removed | $1,050 |
| 2019-10-02 | Listed for rent | $1,050 |
| 2019-03-06 | Listing removed | $1,025 |
| 2019-02-27 | Listed for rent | $1,025 |
| 2018-03-09 | Listing removed | $1,025 |
| 2018-01-26 | Listed for rent | $1,025 |
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