507 N Smith Rd is a 1,116 square foot multi-family home on a 0.38 acre lot with 2 bedrooms and 2 bathrooms. Based on Redfin's Bloomington data, we estimate the home's value is $256,583.
Multi-familyProperty Type
1966Year Built
0.38 acresLot Size
$230Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$256,583
$41K since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 28% lower than the average sale price ($356K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2024
$4,155 (+1.4%)
$26,700 + $175,800
$202,500
2023
$4,099 (+12.2%)
$25,700 + $167,500
$193,200
2022
$3,652 (+16.8%)
$25,700 + $154,300
$180,000
2021
$3,126 (+5.1%)
$19,300 + $131,200
$150,500
2020
$2,976 (−1.9%)
$16,100 + $128,100
$144,200
2019
$3,034 (−0.2%)
$16,100 + $128,100
$144,200
2018
$3,041 (+0.6%)
$16,100 + $128,100
$144,200
2017
$3,022 (−4.7%)
$16,100 + $126,900
$143,000
2016
$3,171 (+0.9%)
$16,100 + $136,500
$152,600
2015
$3,144 (+2.1%)
$16,100 + $136,000
$152,100
2013
$3,079
$16,100 + $132,200
$148,300
Tax history for 507 N Smith Rd
Year
Property tax
Land + Additions
Assessment*
2024
$4,155 (+1.4%)
$26,700 + $175,800
$202,500
2023
$4,099 (+12.2%)
$25,700 + $167,500
$193,200
2022
$3,652 (+16.8%)
$25,700 + $154,300
$180,000
2021
$3,126 (+5.1%)
$19,300 + $131,200
$150,500
2020
$2,976 (−1.9%)
$16,100 + $128,100
$144,200
2019
$3,034 (−0.2%)
$16,100 + $128,100
$144,200
2018
$3,041 (+0.6%)
$16,100 + $128,100
$144,200
2017
$3,022 (−4.7%)
$16,100 + $126,900
$143,000
2016
$3,171 (+0.9%)
$16,100 + $136,500
$152,600
2015
$3,144 (+2.1%)
$16,100 + $136,000
$152,100
2013
$3,079
$16,100 + $132,200
$148,300
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
RM
AREA 3
Residential Multifamily District
The RM district is intended to accommodate medium scale residential development, plus related civic and residential-supportive uses, at a scale that is larger than neighborhood-scale but smaller than urban-scale to ensure an adequate mix of housing types throughout the community. This district may be used as a transition between urban neighborhoods and more intense residential, commercial, and institutional development.
Zone overlays
Permitted uses
Include but are not limited to:
Housing-Multiple units
Housing-Senior
Park & open space
Property details
Interior
Basement Information
Basement Type: Finished
Bathroom Information
# of Full Baths: 2
# of Bathroom Fixtures: 8
Heating & Cooling
Heating Fuel Type: Gas
Heating Type: Warm Air
Room Information
# of Rooms: 7
Exterior
Exterior Information
Physical Condition: Average
Construction Type: Wood
Building Type: Row Type
Property Information
Living Sq. Ft: 1,116
Adjusted Gross Sq. Ft: 1,116
Building Sq. Ft: 1,116
# of Stories: 1
Legal Description: PT SE 35-9-1W .38 PLAT 55 HOMESTEAD ON 013-42270-00
Parking & Garage Information
Parking Type: Detached Garage
Garage/Parking Sq. Ft: 552
Garage / Carport Type: Detached
Lot Information
# of Buildings: 1
Land Sq. Ft: 16,553
Municipality Name: BLOOMINGTON TOWNSHIP
Acres: 0.38
County Use Description: 2 FAMILY UNPLATTED 0-9.99 AC
Utility Information
Electricity / Wiring Type: Available
Sewer Type: Public
Water Service Type: Public
Financial
Assessor Information
Assessment Year: 2024
Tax District County: BLOOMINGTON CITY-BLOOMINGTON T
Public facts
Beds: 2
Baths: 2.0
Sq. Ft.: 1,116
Stories: 1.0
Lot Size: 0.38 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1966
Year Renovated: 1976
County: Monroe County
APN: 530535400029000005
Home facts updated by county records on Jul 16, 2026
Around this home
Schools
University Elementary School
Public PreK-6 • Assigned • 0.5mi
8/10
Tri-North Middle School
Public 7-8 • Assigned • 3.5mi
7/10
Bloomington High School North
Public 9-12 • Assigned • 4.1mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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
Historical weather
Bloomington, IN • 47408
Average low and high temperatures (°F)
34
19
43
27
61
41
69
49
71
54
82
66
86
71
83
65
80
59
70
49
54
40
42
29
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.7 hours in
June and 3.5 hours in December, placing it below the
U.S. average for solar exposure.
9.7 hrs
3.5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$244,000 – $296,000
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