Financial
Distress signals
Property profile

4505 3rd St Bloomington, IN 47401

OFF-MARKET
Retail space
Property ID
US31-1267332
6,840 SF 0.85 ac lot Built 1974
Last sale Mar 2026 · $1,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This mixed-use commercial building is approximately 7,000 square feet and was constructed in 1974. The interior is served by central air conditioning and forced-air heating, with carpet and concrete flooring, and the exterior is built with block and stucco. The property includes a slab foundation and an asphalt parking lot that had been seal coated and maintained. It is located at 4505 East 3rd Street on Bloomington’s East side, and the MC (Mixed-use Corridor) zoning designation allows for multiple uses, supporting a range of commercial occupancy options.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$409k
Assessed land$149k
Assessed improvement$260k
Effective rate1.06%

Value estimate

· Sep 2026
$320k
$288k – $352k
Submarket $/SF estimate$940k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$152/SF
Submarket average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$83 – $214

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMONROE

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant23.4
Law Firm19.2
Auto Repair Shop19.1

Location

4505 3rd St Bloomington, IN 47401-5553
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2611 3rd, Bloomington, IN 47401-5345 $2,150,000 Apr 2025 42,000 SF
328 Walnut, Bloomington, IN 47401-3507 $490,000 Jan 2022 No data
2701 3rd, Bloomington, IN 47401-5433 $1,021,199 Nov 2019 10,856 SF
3160 Walnut, Bloomington, IN 47401-7337 $550,000 Jul 2019 9,460 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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