120 E Dixie Street, Bloomington, IN 47401

Classic Bloomington limestone offering the flexibility to work beautifully as either an owner-occupied home or a smart investment opportunity. Located near downtown and Bryan Park, this spacious property combines character, function, and long-term potential in one of Bloomington’s most desirable locations.

With 3–4 bedrooms plus an office and 3 full bathrooms, the layout provides plenty of room to spread out whether you’re looking for a primary residence, housing for an IU student, or a property with income potential. Generous bedroom sizes, a large living and dining room combination with a working fireplace, and an additional lower-level family room create comfortable spaces for both everyday living and entertaining.

The current owners have maintained the home as a comfortable residence for their IU student, with rents intentionally kept below market for the current group of family and friend tenants. The property holds a rental permit for five (a rare find!), offering flexibility and strong future potential for buyers considering investment opportunities.

Inside, thoughtful upgrades help the home stand apart from typical rentals, including a gourmet professional range, walk-in pantry, walk-in shower, specialty glass tile details, and a tankless water heater that helps ensure plenty of hot water for a full household.

The unfinished basement ceiling was a stylistic choice reflecting an industrial design aesthetic rather than the result of damage, and buyers looking for a more finished appearance could easily update the space with painted ceilings (see photos for inspiration).

Outside, buyers will appreciate the low-maintenance yard and the rare convenience of abundant off-street parking near campus. The property includes a 660 sq ft garage plus driveway parking for 4+ vehicles. Possession is available after August 7, making this an excellent opportunity to secure a well-located Bloomington limestone property before the next school year begins.