For Sale188d on marketHistoric · 98 yrs
515 W Allen St
Bloomington, IN, 47403 • McDoel Gardens • Monroe County
$246,500
$283/sqft
Down payment assistance available
2Beds
1Baths
872Sqft
0.18 acLot
1928Built
Property DNA
Bungalow Style
Built 1928 · 98 years of history
McDoel Gardens
McDoel Gardens
Outdoor Living
Deck · Porch Covered
Shed
Shed
This home is getting attention
Listed 188 days ago · 624 views · 25 saves
Market activity
Demand and pricing signals for this listing
624 views
People checking out this listing
25 saves
Buyers have saved this home
188 days on market
Established listing
$283/sqft
Price per square foot
About this home
Single Family · Built 1928 · Historic
If you've been looking for a renovated two bedroom bungalow with a great backyard and off-street parking, look no further! This McDoel Gardens cutie has been lovingly refurbished and used as an Airbnb for short term rentals. With this premium location a buyer could use this as an owner-occupied home, a long-term rental, or an Airbnb. Located only one mile from downtown restaurants, bars, and shopping and 1.7 miles from IU's Sample Gates, this property is hard to beat! The sellers are offering this property fully furnished and equipped with everything needed for a turnkey move-in! Walk to Hopscotch Coffee and Cardinal Spirits for a taste of some local favorites and enjoy the B-Line trail for biking, jogging, or leisurely strolls. The full basement is dry and offers lots of potential for an additional hangout space, workout or hobby room, and loads of storage! If you don't schedule a showing soon, you'll be sad you didn't! NOTE: Property taxes will be roughly half if new buyer files a Homestead exemption.
Standout features identified
Our analysis highlights full basement, off-street parking, and additional hangout space as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,620/month
Principal & Interest$1,291
Property Tax$247
Insurance$82
Down payment20% ($49,300)
3%50%
Est. 6.84% rate · 30yr fixed · $197,200 loan
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At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1928
HeatingNatural Gas, Forced Air
CoolingCentral Air
ParkingOpen Parking
Lot7,840 sqft
Days on Zillow188 Days
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleBungalow
Year built1928
Stories1
Systems
HeatingNatural Gas, Forced Air
CoolingCentral Air
RoofAsphalt
ConstructionWood Siding
Water / SewerCity, Bloomington City Utility / City
Parking & Outdoor
ParkingGravel
BasementFull,Unfinished,Block
Lot7,840 sqft
Location & Tax
NeighborhoodMcDoel Gardens
Annual tax$3,560
Parcel530805403003000009
Bathrooms & Fees
Full baths1
Features & details
16 categories of property features
Interior Features
Interior
Laminate Counters
Appliances
Dishwasher
Microwave
Refrigerator
Washer
Dryer-Electric
Gas Oven
Gas Range
Gas Water Heater
Flooring
Laminate
Heating
Natural Gas
Forced Air
Cooling
Central Air
Fireplace
None
Windows
Window Treatments
Exterior Features
Parking
Gravel
Construction
Wood Siding
Patio & Porch
Deck
Porch Covered
Lot Features
Level
0-2.9999
City/Town/Suburb
Near College Campus
Community
Sidewalks
Utilities
Cable Available
Cable Connected
Gas
CenterPoint Energy
Other Equipment
Sump Pump
Other Structures
Shed
Room details
5 rooms detailed
Bedroom1
MainBedroom2
MainDining Room
MainKitchen
MainLiving Room
MainListing insights
Market data and value estimates
StatusFor Sale
Days on market188
Est. value$237,200
Est. rent$1,534/mo
Tax rate0.72%
Price/sqft$283
On marketOct 2, 2025
PostedOct 2, 2025
Last sold$145,000
MLS statusActive Under Contract
MLS updatedMar 16, 2026
Tour days6
Views624
Favorites25
How are the schools in Bloomington?
3 schools rated nearby
Location
Bloomington, IN, 47403
Price history
2 events
DateEventPrice$/sqftSource
Oct 2, 2025Listed For Sale$246,500—IRMLS
Apr 21, 2022Sold$145,000—IRMLS
Listed For Sale$246,500
Oct 2, 2025•IRMLS
Sold$145,000
Apr 21, 2022•IRMLS
Tax history
18 years of records
YearTax paidAssessed value
Apr 8, 2024$3,784$173,900
Apr 8, 2023$3,108$178,800
Apr 8, 2022$248$156,500
Apr 8, 2021$243$131,800
Apr 8, 2020$238$122,900
Apr 8, 2019$234$118,700
Apr 8, 2018$229$114,900
Apr 8, 2017$220$110,800
Apr 8, 2016$220$103,100
Apr 8, 2014$216$98,400
Apr 8, 2013$212$96,100
Apr 8, 2012$208$96,800
Apr 8, 2011$203$92,200
Apr 8, 2010$200$92,200
Apr 8, 2009$196$87,700
Apr 8, 2007$276$83,200
Apr 8, 2006—$75,400
Apr 8, 2005—$60,900
Nearby homes
Neighborhood details
Local context around this listing
Bloomington, IN • Monroe County
Nearby neighborhoods
Arlington ValleyBroadviewElm HeightsFritz TerraceGentry EstatesNorth Kinser PointNorthwood EstatesOld Northeast DowntownSmithville-SandersWest Pointe
Nearby cities
BloomingtonEllettsvilleGosportSpencerSpringvilleStinesvilleUnionville
Nearby zip codes
47401474034740447405474064740847434474594746247490
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