Will need some work to finish this cozy rental or expand for full time living. Concrete block construction with 1/4 slab basement. Aluminum siding. Stone chimney with rigid stainless liner and wood stove. Building plans for 12’x24’ deck in back. 1/2 acre, high efficiency 2 stage gas furnace(propane) washer & dryer included. Gas range included. Monroe Co septic inspection report on file. Convenient to eaststide, IU hospital, Mall, golf course.
Median sale price in this area is $365,706. (369% higher than this home)
PRICE DROP
3 price drops
22% of homes in this area have had a price drop in the past month.
Property details
Exterior
Property Features
Year Built: 1960
Living Area: 1365
Public facts
Beds: 2
Baths: 1.0
Finished Sq. Ft.: 1,365
Unfinished Sq. Ft.: —
Total Sq. Ft.: 1,365
Stories: 1.0
Lot Size: 0.5 acres
Style: Single Family Residential
Year Built: 1940
Year Renovated: 1960
County: Monroe County
APN: 530630100012000003
Home facts updated by county records on Nov 9, 2026
Sale and tax history for 2470 N Mount Gilead Rd
Sale History
Tax History
Date
Event
Price
FSBO.com #cmttklnyw012ws6019bsn577b
Oct 5, 2026
Price Changed
$78,000
$57/sq ft
Sep 28, 2026
Price Changed
$85,000
$62/sq ft
Sep 21, 2026
Price Changed
$99,000
$73/sq ft
Sep 9, 2026
Listed
$120,000
$88/sq ft
IRMLS #202131492
Aug 30, 2021
Sold
$72,000
$53/sq ft
Aug 2, 2021
Listed
$75,000
$55/sq ft
Looking for a property in a great location that is in need of a complete overhaul? This could be the home for you. This property has lots of potential to become a great rental, flip or home of your own. Being sold as-is and priced accordingly.
Year
Property tax
Land + Additions
Assessment*
2025
$652 (−5.2%)
$39,400 + $90,000
$129,400
2024
$688 (+12.4%)
$39,400 + $87,700
$127,100
2023
$612 (+72.1%)
$35,700 + $82,500
$118,200
2022
$355 (−8.9%)
$26,300 + $57,800
$84,100
2021
$390 (−62.0%)
$26,300 + $53,000
$79,300
2020
$1,027 (+16.9%)
$22,500 + $52,800
$75,300
2019
$878 (+4.8%)
$18,800 + $46,600
$65,400
2018
$838 (+1.9%)
$15,000 + $46,600
$61,600
2017
$822 (+2.9%)
$14,100 + $45,900
$60,000
2016
$799 (+6.1%)
$14,100 + $45,300
$59,400
2015
$753 (−0.1%)
$14,100 + $44,200
$58,300
2013
$754
$14,100 + $43,300
$57,400
Public record
Public record
Zoning
Beds
2
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
0.5 Acres
Year renovated
1960
Finished Sq. Ft.
1,365
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,365
Year built
1940
Style
Single Family Residential
County
Monroe County
APN
530630100012000003
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Nov 9, 2026.
RE2.5
AREA 3
Estate Residential 2.5 District
The intent of this district is to required minimum lot sizes of 2. 5 acres where sensitive environmental resources exist. Such environmental resources may include karst formations, wetlands, hillsides, heavily wooded land, and the lake’s watersheds. The dual purposes of this district are: A. To protect such sensitive environmental resources.; B. To permit a rural level of development which will not endanger and can be used to protect these sensitive resources.
Zone overlays
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 104° expected this year, 19 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
Historical weather
Bloomington, IN • 47408
Average low and high temperatures (°F)
34°
19°
43°
27°
61°
41°
69°
49°
71°
54°
82°
66°
85°
70°
81°
64°
80°
58°
68°
50°
54°
40°
42°
29°
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
92/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Bloomington. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.5 hrs
5.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2470 N Mount Gilead Rd
There isn’t enough information to generate an accurate estimate at this time. Learn More