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515 W Allen Street, Bloomington, IN 47403

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For Sale

$246,500

2 beds • 1 baths • 872 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • 1928
    Year built

  • $282.68
    Price per square foot

Explore this Property

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.
MLS# 202539984

Listed By CENTURY 21 Scheetz

Property Features

  • Basement
    Full, Unfinished
  • Cooling
    Central A/C
  • Exterior Description
    Wood Siding
  • Flooring
    Laminate
  • Lot Description
    Level
  • Lot Size
    0.18 Acres
  • Roof
    Asphalt Shingle Roof
  • Sewer
    City, Public
  • Style
    Other Style

Home seller Meet the Agent,
Melissa Murphy

Get to know the neighborhood. A local affiliated CENTURY 21 agent will help you set up tours, give advice, and negotiate with sellers.

Melissa Murphy

of CENTURY 21 Scheetz

(812) 327-6162
Learn More About Me

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
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  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.