Spacious 3-Bed, 2-Bath Home on 1 Acre – Perfect for Investors or Handy Buyers!
This 1,300 sqft home sits on a private, 1-acre lot and offers immediate potential with two large decks, a full walk-out basement, and a detached 2-car garage, and is located just a few minutes from the east side.
Key Features:
- 3 bedrooms, 2 full baths – The master bedroom is a true suite with a walk-in closet and a private exterior door leading directly onto one of the two decks.
- Full walk-out basement (800 sq ft finished): Features one large finished family/rec room and one smaller finished room that’s great as a home office, workspace, or additional living area. Two additional unfinished rooms provide excellent storage or future expansion potential.
- Two large decks – One off the front door and one off the master suite.
- Detached 2-car garage with plenty of room for vehicles, tools, or a workshop.
- 1 full acre of land.
Important Disclosures (As-Is Estate Sale):
This home is being sold as-is in its current condition with the following known issues:
- House roof is 23 years old
- Garage roof is leaking and needs full replacement
- HVAC system is not functional and requires replacement
- Some plumbing repairs needed
- Some flooring replacement needed
- Property needs a deep cleaning
Don’t miss this opportunity to own a solid home with great bones on a full acre at a value price!
For sale by owner
$145,000
2440 N Mount Gilead Rd, Bloomington, IN 47408
3beds
1,300sqft
Est.:
SingleFamily
Built in 1966
1 Acres Lot
$-- Zestimate®
$112/sqft
$-- HOA
What's special
Two large decks
- 10 days |
- 1,394 |
- 51 |
Listed by:
Property Owner (812) 947-8022
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced air
Cooling
- Central
Appliances
- Included: Dishwasher
Features
- Flooring: Carpet, Hardwood
- Basement: Partially finished
Interior area
- Total interior livable area: 1,300 sqft
Property
Parking
- Total spaces: 5
- Parking features: Garage - Detached, Off-street
Features
- Exterior features: Vinyl
Lot
- Size: 1 Acres
Details
- Parcel number: 530630100009000003
Construction
Type & style
- Home type: SingleFamily
Materials
- Frame
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1966
Community & HOA
Location
- Region: Bloomington
Financial & listing details
- Price per square foot: $112/sqft
- Tax assessed value: $152,000
- Annual tax amount: $816
- Date on market: 5/15/2026
Estimated market value
Not available
Estimated sales range
Not available
$2,221/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2026 | Listed for sale | $145,000$112/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $816 +16% | $152,000 +7.5% |
| 2023 | $703 +10.5% | $141,400 +15.9% |
| 2022 | $637 +34.6% | $122,000 +6.9% |
| 2021 | $473 +17.6% | $114,100 +9.3% |
| 2020 | $402 -32.3% | $104,400 +10.5% |
| 2019 | $594 +53.5% | $94,500 +5.7% |
| 2018 | $387 +0.8% | $89,400 +2.3% |
| 2017 | $384 | $87,400 -7% |
| 2016 | $384 +2.7% | $94,000 +4% |
| 2014 | $374 -23.6% | $90,400 -13.2% |
| 2013 | $489 +9% | $104,200 +0.7% |
| 2012 | $449 +9.8% | $103,500 +2.6% |
| 2011 | $409 -24.6% | $100,900 -13.9% |
| 2010 | $542 +13.8% | $117,200 +2.5% |
| 2009 | $476 +0.6% | $114,300 +2% |
| 2007 | $474 | $112,100 |
| 2006 | -- | $112,100 +31.3% |
| 2005 | -- | $85,400 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 47408
Nearby schools
GreatSchools rating
- 9/10Unionville Elementary SchoolGrades: PK-6Distance: 3.4 mi
- 7/10Tri-North Middle SchoolGrades: 7-8Distance: 5.1 mi
- 9/10Bloomington High School NorthGrades: 9-12Distance: 5.2 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Indiana
- Monroe County
- Bloomington
- 47408
- 2440 N Mount Gilead Rd




