Just renovated, great location! This home has new paint and flooring throughout. Easy access to Campus, IU stadium, pool, and other athletic facilities. This house is very spacious! It has 4 bedrooms and 2 full bathrooms, one bedroom is the entire upper floor. Multiple living areas throughout. There is over 1048 of finish square feet in the basement alone. Plenty of room for entertaining with a large deck off the dining space overlooking the big back yard. The master bedroom is enormous with 9 ft. ceilings and has it's own bathroom with garden tub. Finished basement with separate laundry area, family room, rec. room and bedroom. Oversized garage (682 Square feet) with lots of space for your stuff! Mowing included.
South Griffy, located between Griffy Lake Nature Preserve and downtown Bloomington, is a wooded and residential Bloomington neighborhood with lakeside trails and hillside streets. The neighborhood’s character concentrates at the Griffy Lake trailhead area, where trail maps, parking pull-offs, and steady foot traffic set an outdoors-first rhythm. Housing leans toward mid-century ranches and contemporary builds tucked into mature trees, with winding roads that follow the terrain. Lake views and shaded paths shape daily routines more than storefronts. For culture and a post-hike table, pillars nearby include The Bluebird Nightclub, Cardinal Spirits, and the Buskirk-Chumley Theater.
Provided by Walk Score and Local Logic
Historical weather
Bloomington, IN • 47408
Average low and high temperatures (°F)
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Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 105° expected this year, 18 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Sun exposure
In this area, properties receive around 9.8 hours in
June and 3.5 hours in December, placing it below the
U.S. average for solar exposure.
This property is priced $493 below the rental estimate which makes this a great deal!
Asking rent
$3,450
Rental estimate
$3,943
Nearby comparable rentals
The Rental Estimate uses 0 recent nearby rental.
Sale and tax history for 1516 E Matlock Rd
Sale History
Tax History
Date
Event
Price
APPFOLIO #2
Aug 19, 2026
Listed for Rent
$3,450
$1/sq ft
Jun 19, 2026
Rental Removed
$3,150
$1/sq ft
Jun 17, 2026
Listed for Rent
$3,150
$1/sq ft
Sep 11, 2025
Rental Removed
$3,150
$1/sq ft
Aug 22, 2025
Listed for Rent
$3,150
$1/sq ft
Oct 21, 2024
Rental Removed
$3,100
$1/sq ft
Sep 26, 2024
Price Changed
$3,100
$1/sq ft
Sep 20, 2024
Listed for Rent
$3,050
$1/sq ft
RENT. #1
Nov 20, 2022
Rental Removed
—
IRMLS #201801582
Feb 28, 2018
Sold
$243,000
$64/sq ft
Jan 15, 2018
Listed
$259,900
$69/sq ft
+14
Great location!! Easy access to IU stadium, pool, tennis and basketball activities. There is so much space in this house. The homes foundation was built in 1940 but the house had a complete tear-down and rebuild in 1999. It has 4 bedrooms and 2 full bathrooms, one bedroom is the entire upper floor. Plenty of room for entertaining with a large deck off the Dining Room. The master bedroom is enormous with 9 ft. ceilings and has it's own bathroom with garden tub. Finished basement with separate laundry area, family room, rec room and bedroom. Oversized garage with lots of space for your own tools and hobby area with garage door opener. Easy commute to Indy. Occupancy permit for 3 expires 5/30/2020.
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We estimate that 1516 E Matlock Rd would rent between $3,943 / mo.1516 E Matlock Rd is located in Bloomington, the 47408 zipcode, and the Monroe County Com School Corporation.