$239,000
Original price: $259,000
2 Beds
2 Baths
1,352 sqft (on 0.29 acres)
4501-4503 E Stephens Dr, Bloomington, IN 47408
Est. Mortgage $1,502/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1962
0.29 acre lot
1 Car Garage
Local Information
- Map ViewExplore the area around 4501-4503 E Stephens Dr.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
Here is a rare opportunity to purchase a duplex in a sought-after neighborhood on Bloomington's Eastside, near to the IU Health hospital, Indiana University, IU sporting events, shopping, and restaurants. There is a HAND (Housing And Neighborhood Development) rental occupancy permit for six total occupants; the permit is good through July 10, 2029. Each side of the duplex features a spacious one bedroom floorplan of nearly 700 square feet per unit, with kitchen, living room, dining area, bedroom, bath, and storage. Unit 4501 has an attached one car garage. Many options are available for a new buyer/investor: Rent out one side and live in the other, Airbnb both units, or rent out both sides to long-term tenants. New roof and gutters were installed in 2025 and new garage door. The property is currently managed by Action Property Management. Action P.M. takes care of mowing and trimming. Tenants pay all utilities and handle their own snow removal. Unit 4503 is on a month-to-month lease beginning June 1, 2026 and would consider renewing. NOTES: Washer, dryer, and microwave for each unit are excluded; they belong to the tenants. A minimum of 24 hours' notice is required for showings as the duplex has tenants in both sides.
Last check for updates: about 3 hours ago
Listing courtesy of Melissa Murphy, (812) 327-6162
Century 21 Scheetz - Bloomington
Source: IRMLS, MLS#202615469
Also Listed on IRMLS.
Home Details for 4501-4503 E Stephens Dr
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MLS Status: Active |
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Beds & Baths Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 1352 Square Feet |
Appliances & Utilities Utilities: Cable Available, Cable ConnectedAppliances: Gas Water Heater |
Heating & Cooling Heating: Conventional,Wall FurnaceHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Conventional |
Gas & Electric Electric: Duke Energy IndianaGas: CenterPoint Energy |
Windows, Doors, Floors & Walls Flooring: Carpet, Vinyl |
Levels, Entrance, & Accessibility Stories: 1Levels: OneFloors: Carpet, Vinyl |
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Exterior Home Features Roof: AsphaltFencing: NoneOther Structures: NoneFoundation: Slab |
Parking & Garage Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 7Parking: Attached,Garage,Gravel,Off Street,On Street |
Frontage Road Surface Type: AsphaltNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 1352 Square Feet |
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Days on Market: 142 |
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Year Built Year Built: 1962 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: DuplexArchitecture: Ranch |
Building Construction Materials: Vinyl SidingNot a New ConstructionDoes Not Include Home Warranty |
Property Information Included in Sale: Building, LandParcel Number: 530536202005.000005 |
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Price List Price: $239,000 |
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Direction & Address City: BloomingtonCommunity: Eastern Heights |
School Information Elementary School: UniversityElementary School District: Monroe County Community School Corp.Jr High / Middle School: Tri-NorthJr High / Middle School District: Monroe County Community School Corp.High School: Bloomington NorthHigh School District: Monroe County Community School Corp. |
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Listing Agent Listing ID: 202615469 |
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Building Area Building Area: 1352 Square Feet |
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Community Features: None |
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HOA Fee: No HOA Fee |
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Lot Area: 0.29 acres |
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Listing Terms: Cash, Conventional |
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Expense Tenant Pays: Cable TV, Cooling, Electricity, Heating, Sewer, Trash Collection, Water |
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Owner Pays: Grounds Care |
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Mls Number: 202615469Attribution Contact: Cell: 812-327-6162Above Grade Unfinished Area: 1352 |
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None |
Around this home
Neighborhood Overview
Neighborhood stats provided by third party data sources.
Market trends in Bloomington
Last updated August 2026
Avg. sale price
$339K
$16.5KMoM
Sale-to-List Price
98.2%
0.1%MoM
Price per sq ft
$192
$4MoM
Available listings
706
6MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.64 | Multi-Family Home | $550,000 | 10/31/25 | 3 | 2 | 1,179 | |
1.63 | Multi-Family Home | $390,000 | 06/30/26 | 4 | 2 | 1,315 | |
1.43 | Multi-Family Home | $279,500 | 07/31/26 | 3 | 1 | 928 | |
1.63 | Multi-Family Home | $405,000 | 07/15/26 | 4 | 2 | 1,018 | |
1.75 | Multi-Family Home | $325,000 | 03/03/26 | 3 | 2 | 1,184 | |
1.69 | Multi-Family Home | $240,000 | 03/10/26 | 2 | 1 | 744 | |
2.17 | Multi-Family Home | $330,000 | 01/30/26 | 3 | 1 | 1,200 | |
2.28 | Multi-Family Home | $300,000 | 06/08/26 | 3 | 1 | 1,040 | |
2.38 | Multi-Family Home | $360,000 | 05/19/26 | 3 | 1 | 1,064 | |
1.67 | Multi-Family Home | $1,450,000 | 09/10/26 | 10 | 10 | 4,358 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.06 | $315,000 | 3 | 2 | 1,560 | Recently Sold | |
0.07 | $264,700 | 2 | 1 | 1,040 | Off Market | |
0.05 | $322,600 | 5 | 2.5 | 1,774 | Off Market | |
0.05 | $308,700 | 3 | 1.5 | 1,240 | Off Market | |
0.08 | $410,000 | 3 | 2 | 1,620 | For Sale | |
0.10 | $258,800 | 3 | 1 | 992 | Off Market | |
0.16 | $362,000 | 2 | 1.5 | 1,680 | Off Market | |
0.14 | $385,000 | 4 | 3 | 2,136 | Recently Sold | |
0.13 | $339,900 | 4 | 2 | 1,794 | Recently Sold | |
0.15 | $306,900 | 3 | 2 | 2,036 | Off Market | |
0.16 | $230,000 | 4 | 2 | 1,400 | Recently Sold |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 25, 2026 Source: IRMLS #202615469 | PriceChange | $239,000 Price decreased by 8% |
Apr 29, 2026 Source: IRMLS #202615469 | Listed For Sale | $259,000 |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Melissa Murphy, Century 21 Scheetz - Bloomington
Agent Phone: (812) 327-6162
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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Frequently asked questions about 4501-4503 E Stephens Dr
- What is the estimated monthly payment for 4501-4503 E Stephens Dr?Based on a $239,000 list price with 20% down at today's rates, the estimated monthly payment for 4501-4503 E Stephens Dr in Bloomington, IN is approximately $1,523 (about $1,305 principal & interest, $143 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 4501-4503 E Stephens Dr compare to homes in Bloomington?4501-4503 E Stephens Dr in Bloomington, IN is listed at $239,000, about 29% below the $339K median sale price in Bloomington.
- What are the closest schools to 4501-4503 E Stephens Dr?The closest schools to 4501-4503 E Stephens Dr in Bloomington, IN are Bloomington High School North (rated 9/10), Tri-North Middle School (rated 7/10), University Elementary School (Pre-K, rated 8/10).
- Does 4501-4503 E Stephens Dr have air conditioning?Yes, 4501-4503 E Stephens Dr in Bloomington, IN has air conditioning.
- Is there a virtual tour of 4501-4503 E Stephens Dr?Yes, a virtual tour of 4501-4503 E Stephens Dr in Bloomington, IN is available.
4501-4503 E Stephens Dr, Bloomington, IN 47408 is a 2 bedroom, 2 bathroom, 1,352 sqft multi-family built in 1962. 4501-4503 E Stephens Dr is located in Eastern Heights, Bloomington. This property is currently available for sale and was listed by IRMLS on Apr 29, 2026. The MLS # for this home is MLS# 202615469.