Bring your vision to Prospect Hill. Located in one of Bloomington's most desirable west-side neighborhoods, 618 Howe Street presents a rare opportunity for a builder, investor, or buyer with the vision to take on a major reconstruction project. Offered at $100,000 and sold AS IS, the property is currently in shell condition, with significant demolition and little framing completed and no roof in place. This is not a typical renovationit will require substantial reconstruction. But for the right buyer, the opportunity is compelling. A City of Bloomington Building Permit is already in place and transfers with the property to the new owner. The permit is valid through July 2, 2028. The permitted project includes engineered plans prepared by structural engineer Kevin Potter for an extensive renovation and addition that essentially reimagines and rebuilds the old existing home. A buyer can explore completing the existing permitted plans or pursue a different vision for the property, subject to applicable City and Historic District requirements. With R3 zoning, approximately 0.0895 acres, and a coveted Prospect Hill location, there is significant potential for someone who knows how to turn a challenging property into something exceptional. This is an opportunity to step in with much of the planning and permitting groundwork already completed and finish the projector take it in an entirely new direction (thought a new permit would need to be applied for). Property is being sold strictly AS IS. Buyer to independently verify all zoning, Historic District requirements, permit details, plans, development potential, existing conditions, and other information important to the buyer.
Based on the average sale price from the South Bend, IN office
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Default based on a 30-year fixed rate of 6.49% 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. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
618 W Howe Street Bloomington, IN is a Single Family Home for sale at $100000 with 1098 sqft and a lot size of 0.0895 Acres Acre(s). 618 W Howe Street Bloomington has 2 bedrooms, 2 baths and was built in 1899. The property's zip code is 47403 which is in Bloomington, IN
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.