Back 1502 S College Ave
Off Market

1502 S College Ave

Bloomington IN 47403

3
1
2898 sq. ft.
8712 sq. ft.
Single-Family
Last sold for $287,800
John SaundersJohn Saunders, last sold this property on 23 October 2025 after -97 days on market.

Overview

**OPEN HOUSE: Sunday, September 21st, from 11:30 AM to 2:00 PM.** The seller is offering a **$8,500 concession! ** This charming 1,449-square-foot home features 3 bedrooms and 1 bathroom. The property has an updated kitchen and bath, a waterproofed basement (also 1,449 square feet), a new roof, and attic insulation improved to R-42. The fireplace has been converted to gas logs for your convenience Additional highlights include new, easy-to-care-for LVT flooring (with hardwood underneath), as well as a new furnace and air conditioning system installed in 2021. Both the interior and exterior were freshly painted in 2024. Zoned ME Mixed-use Employment Mixed Uses: Airbnb, Real Estate Office, Law Office, Restaurant, Rental Property. Don't miss out on this opportunity! This bright and airy home, designed in the Arts & Crafts style, offers flexible living options with the choice of two bedrooms plus an office or three bedrooms. It features a full bathroom equipped with a jetted tub. Recent major updates have been completed within the last 90 days, including waterproofing and painting the basement, which has added 1,400 square feet of usable space. The fireplace has been upgraded to gas-burning logs with a remote control. For energy efficiency, the attic has been re-insulated with blown-in cellulose to an R-42+ rating. Additional upgrades include a high-efficiency furnace (installed in 2022), a Samsung induction range with a convection oven, a new LG microwave and dishwasher, and a GE energy-efficient French door refrigerator. The roof was replaced last fall with dimensional shingles, and the interior and exterior of the house have been repainted. Smart devices have also been installed, allowing you to control lights, plugs, and the thermostat from your phone or through Alexa and Google. Hardwood floors under Luxury Vinyl Tile. The property is zoned ME (mixed-use employment), making it suitable for various businesses that benefit from foot traffic, such as a beauty salon, tattoo parlor, accountant's or attorney's office, rental property, or Airbnb setup. The owner is willing to sell the property along with the furnishings, as they are relocating abroad. Additionally, there is potential to convert the home into a duplex. Conveniently located, the property is just 2 miles from College Mall and approximately 5 miles from the West Side Shopping area, which includes Lowe's, Menards, and Walmart. The downtown entertainment district and Indiana University campus

Features

3 bedrooms
1 bathroom
2898 sq. ft. floor area
8712 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Bloomington over the last 12 months, the estimated median property value of 1502 S College Ave is $286k.

Median value
$286k
Estimated value range
$89k - $985k
Median days on market
35
Estimated value trend
2%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Bloomington. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1502 S College Ave

2025
Sold
$287,800
23 Oct 2025 by John Saunders, of Saunders & Associates

Happy sellers in Bloomington

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We have insufficient information to provide an overview of customer satisfaction for Bloomington. Viewing the agent profiles, reviews and sales for Bloomington can provide insights for this location.

Local market activity for 3 bedroom single-family properties in Bloomington

In the last 12 months, 186 three-bedroom single-family properties similar to 1502 S College Ave, have been sold.

This represents a 10% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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