Potential Alert!! checkout this unique property situated on 3.5 acres on Bloomington’s desirable south side. Offering incredible versatility, this parcel features two separate single-family dwellings—both being sold strictly as-is—making it an ideal setup for a multi-unit rental portfolio, a family compound, or a value-add flip. Left Unit: A charming 2-bedroom, 1-bath home featuring a solid limestone exterior and an detached 1-car garage. It just needs a buyer with vision to bring its classic character back to life. Right Unit: A 2-bedroom, 1-bath single-family home with vinyl siding, offering a great canvas for renovations and updates. Location is everything, and this property delivers. Enjoy room to spread out on expansive acreage while staying just minutes from southside amenities, including easy access to Lake Monroe for boating, fishing, racing, and outdoor recreation. Whether you're searching to build passive income or execute a high-upside transformation, 5601 S Handy Rd is packed with opportunity. Bring your contractor and your vision!
Active
$175,000
5601 S Handy Rd, Bloomington, IN 47401
2beds
800sqft
Single Family Residence
Built in 1899
3.5 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Vinyl sidingExpansive acreageSolid limestone exterior
- 23 days
- 1,440
- 66
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Edward Buthelezi Cell:812-671-3070,
Carpenter, REALTORS-Bloomington
Source: IRMLS,MLS#: 202640211
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 2
Bedroom 1
- Level: Main
Bedroom 2
- Level: Main
Kitchen
- Level: Main
- Area: 132
- Dimensions: 12 x 11
Living room
- Level: Main
- Area: 180
- Dimensions: 20 x 9
Heating
- None
Cooling
- None
Features
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 800
- Total interior livable area: 800 sqft
- Finished area above ground: 800
- Finished area below ground: 0
Video & virtual tour
Property
Features
- Levels: One
- Stories: 1
Lot
- Size: 3.5 Acres
- Features: Irregular Lot
Details
- Parcel number: 530826300030.000008
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Limestone
Condition
- New construction: No
- Year built: 1899
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Subdivision: None
Location
- Region: Bloomington
Financial & listing details
- Tax assessed value: $200,000
- Annual tax amount: $3,034
- Date on market: 9/28/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,377/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/28/2026 | Listed for sale | $175,000+133.3% |
Source: | ||
| 3/6/2025 | Sold | $75,000-50%$94/sqft |
Source: Public Record Report a problem | ||
| 12/1/2015 | Listing removed | $150,000$188/sqft |
Source: RE/MAX Realty Professionals #201540018 Report a problem | ||
| 8/21/2015 | Listed for sale | $150,000$188/sqft |
Source: RE/MAX Realty Professionals #201540018 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,643 -3.8% | $200,000 -21.3% |
| 2024 | $3,789 +16.8% | $254,000 +0.6% |
| 2023 | $3,244 +37.6% | $252,600 +12.8% |
| 2022 | $2,358 -15.9% | $223,900 +17.3% |
| 2021 | $2,803 +27% | $190,900 +5.1% |
| 2020 | $2,208 -53.2% | $181,600 +10.3% |
| 2019 | $4,722 +108% | $164,600 |
| 2018 | $2,271 -15.7% | $164,600 +0.7% |
| 2017 | $2,693 | $163,400 |
| 2016 | $2,693 +0.3% | $163,400 -18.7% |
| 2014 | $2,683 +0.8% | $201,100 +0.7% |
| 2013 | $2,663 +43.7% | $199,800 +38% |
| 2010 | $1,853 +15.5% | $144,800 |
| 2009 | $1,604 | $144,800 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 47401
Nearby schools
Schools provided by the listing agent
- Elementary: Lakeview
- Middle: Jackson Creek
- High: Bloomington South
- District: Monroe County Community School Corp.
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.



