About This Home

This 5-bedroom, 2-bathroom single family at 1506 E Richland Drive in Bloomington, IN is listed for $369,900 ($151 per sqft). Built in 1962, the home offers 2,452 sqft of living space on a 0.32 acres lot.

Key Features

  • Built in 1962
  • 0.32 acre lot
  • Fireplace

Property Details

2 full
2-car garage
1962

Amenities

FireplaceHardwoodA/C
Listing Description

Enjoy a country-neighborhood feel with the convenience of Bloomington just minutes away. Located on a low-traffic street with Marlin Elementary access from the neighborhood, this sprawling mid-century modern tri-level offers mature surroundings, a private backyard, and plenty of room to spread out.

Multiple living spaces provide flexibility for everyday life, while the basement can serve as an entertainment space, den, music room, home office, or hobby area. Both bathrooms have been updated, and a large screened-in porch overlooks the private backyard, adding another comfortable place to gather or relax.

Additional improvements include 35-year-rated architectural roof shingles and an updated Presby septic system. The owner will also provide a limited home warranty paid at closing. The location is a standout-only about 3 miles from Indiana University's Memorial Stadium and approximately 4 minutes to Marlin Elementary and Griffy Lake Dam, 9 minutes to Bloomington High School North, and 12 minutes to the downtown Bloomington square.

Indiana University, IU Health, and I-69 are all easily accessible for Bloomington, Indianapolis, and Crane commuters. Griffy Lake, Lake Lemon, Morgan-Monroe State Forest, Oliver Winery, and Butler Winery are also nearby. Mid-century character, flexible living space, updated bathrooms, backyard privacy, and a country-neighborhood setting-all remarkably close to Indiana University and Bloomington.

Monthly Cost Estimate

$1,978/mo

20% down · 6.5% · 30 years

Principal$268
Interest$1,603
Insurance$108

Estimates only. Actual payments may vary.

Location

1506 E Richland Drive

Bloomington, IN 47408

Fairwood Terrace

Property Details

Flooring

HardwoodCarpetTile

Cooling

Central Air

Questions & Answers

This 5-bedroom, 2-bathroom single family at 1506 E Richland Drive is listed at $369,900 ($151/sqft). The estimated monthly payment is $1,978 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1962, 0.32 acre lot, Fireplace.

This property is listed by Shane Gibson and can be reached at 3174423561.

SG

Shane Gibson

Agent at Sweet Maple Realty

(317) 442-3561

Listed by Sweet Maple Realty · Broker phone: 3174423561

MLS# 202633590· Source: Indiana Uplands Realtor® Association· 48 days on PropertySimple

Copyright © 2026 Indiana Uplands Realtor® Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1506 E Richland Drive, Bloomington, IN 47408

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