4501-4503 E Stephens Dr
Bloomington, IN 47408
Eastern Heights
2 Beds
2 Baths
1,352 sqft (on 0.29 acres)
2 Beds
2 Baths
1,352 sqft
(on 0.29 acres)
Local Information
- Map ViewExplore the area around 4501-4503 E Stephens Dr.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
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Description
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.
Home Highlights
Parking
1 Car Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
76 days ago
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: 76 |
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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 |
Last check for updates: about 5 hours ago
Listing courtesy of Melissa Murphy, (812) 327-6162
Century 21 Scheetz - Bloomington
Source: IRMLS, MLS#202615469
Also Listed on IRMLS.
Market trends in Bloomington
Last updated June 2026
Avg. sale price
$319K
$18.15KMoM
Sale-to-List Price
98.2%
0.1%MoM
Price per sq ft
$184
$4MoM
Available listings
752
12MoM
Price History for 4501-4503 E Stephens Dr
| Date | Price | Event | Source |
|---|---|---|---|
| 06/25/2026 | $239,000 | PriceChange | IRMLS #202615469 |
| 04/29/2026 | $259,000 | Listed For Sale | IRMLS #202615469 |
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Comparable Sales for 4501-4503 E Stephens Dr
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 | |
1.75 | 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 | |
2.77 | Multi-Family Home | $535,000 | 08/28/25 | 3 | 2 | 1,127 | |
2.77 | Multi-Family Home | $535,000 | 08/28/25 | 4 | 3 | 1,281 | |
2.91 | Multi-Family Home | $360,000 | 01/23/26 | 3 | 2 | 994 |
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SOLDJUN 5, 2026Kathy Scheid, The Indiana Team LLC, IRMLS
SOLDMAY 26, 2026Zakary Szymanski, Stellar Realty Group, IRMLS
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Assigned Schools
These are the assigned schools for 4501-4503 E Stephens Dr.
- Bloomington High School North
- 9-12
- Public
- 1528 Students
9/10GreatSchools RatingParent Rating AverageAs a former student, I guess I did pretty well. I was definitely not in the top 10% (or even top 25%) of my class but required no remediation in college. Now have earned a B.S. in Business from IU, as well as a J.D., and three other Masters. I felt the academics were more difficult than my college studies (except perhaps law school) I must say that the languages offered are fewer, but it is a good school.Other Review1y ago - University Elementary School
- PK-6
- Public
- 536 Students
9/10GreatSchools RatingParent Rating AverageIncredible administration and staff with a highly diverse student population.Parent Review1y ago - Tri-North Middle School
- 7-8
- Public
- 569 Students
7/10GreatSchools RatingParent Rating AverageI have had a grand ol' time in this here school!Student Review4y ago 
Check out schools near 4501-4503 E Stephens Dr.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
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.
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.