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2538 N Mount Gilead Rd, Bloomington, IN, 47408

$225,900

Home List Price

$2,683*

Closing Credit

2 Bedrooms
2 Full Baths
1,440 SqFt
$157/SqFt
House
Schools Nearby

Location

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2538 N Mount Gilead Rd, Bloomington$225,900

Buyer Closing Credits

$2,683*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1940
HeatingForced Air, Propane
CoolingCentral Air
BasementYes
MLS #21969915
Lot Size1.00 Acres
StatusActive

About 2538 N Mount Gilead Rd

Enjoy country living in this 3 bedroom 2 bath home conveniently located on Bloomington's East side just minutes from shopping. Take in the view of wildlife from the 3 decks this home has or enjoy a campfire from the firepit. This home has been updated with Pella windows and security doors, newer roof with 30 year warranty, spray foam insulation, and a ring doorbell is included. There is also a 2 car detached garage, this home has everything you are looking for!

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1940
  • Living Area: 1,440 SqFt

Listing Office:

  • Office Name: Bear Real Estate Sales, LLC
  • Office Email: penny@bearrealestatesales.com
  • Listing Agent: Penny Scroggins

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Gas Oven, Refrigerator
  • Basement: Yes
  • Interior: Hardwood Floors

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Lot Features

Lot Information:

  • Lot Size: 1.00 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Propane
  • Cooling: Central Air

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $225,900
  • Price Per SqFt: $157/SqFt

Tax Information:

  • Annual Amount: $265
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Bloomington, IN.

Med. Sold Price

$320K

Med. Price/SqFt

$188

Avg. Days On Market

28

# of Sold Homes

51

2538 N Mount Gilead Rd vs Bloomington

37 DAYS ON ROCKET

+9 Days

$225,900

-$94.1K Less

$157/SqFt

-$31 Less

KEY TAKEAWAY

This property is $94.1K less than the Median Sold Price and $31/SqFt less than other homes in Bloomington, IN.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #21969915

Listing Office:

  • Office Name: Bear Real Estate Sales, LLC
  • Office Email: penny@bearrealestatesales.com
  • Listing Agent: Penny Scroggins

IDX Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Copyright ©2024 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Last updated on: 4/28/2024, 11:46:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$265$88,600
2019$236$78,000
2017$233$71,400

History based on county public records data.

Payment Calculator

$1,195

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$744

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2930861
8
/10
  • University Elementary School

  • 1111 N Russell Rd

  • 2.05 miles

  • Public District Grades PK-6

school-card-donut-2930862
8
/10
  • Unionville Elementary School

  • 8144 E State Road 45

  • 3.29 miles

  • Public District Grades KG-6

school-card-donut-2930863
7
/10
  • Binford Elementary School

  • 2300 E 2nd St

  • 3.64 miles

  • Public District Grades 3-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $69,014. The majority of Bloomington, IN residents have income between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2538 N Mount Gilead Rd

What is the listing price of this property?

The listing price of 2538 N Mount Gilead Rd property is $225,900.

What type of property is this?

The property 2538 N Mount Gilead Rd is a house located in Bloomington, Indiana, 47408.

Is this property for sale now?

Active Listing: 2538 N Mount Gilead Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $265 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2538 N Mount Gilead Rd has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 2538 N Mount Gilead Rd is 1,440 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2538 N Mount Gilead Rd is 1940.

Rocket HomesIndianaMonroe CountyBloomington474082538 N Mount Gilead Rd

This home is located at 2538 N Mount Gilead Rd in Bloomington, IN and zip code 47408. This 1,440 square foot home, which was built in 1940, sits on a 1.00 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 22, 2024 and is currently priced at $225,900.

Bloomington, IN housing market in March 2024 saw over 14 listings sold above listed price, more than 13 sold at listed price and over 24 sold below. Between February 2024 and March 2024, Bloomington, IN real estate market has seen increase in the number of listings by 103.7%. Listings spent 28 days on the market in March 2024, and had a median list price of $320,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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