About This Home

This 3-bedroom, 3-bathroom condo at 500 N Walnut Street #403 in Bloomington, IN is listed for $1,125,000 ($485 per sqft). Built in 2002, the home offers 2,319 sqft of living space on a N/A lot.

Key Features

  • Built in 2002
  • Fireplace

Property Details

1 story
2 full, 1 half
4-car garage
#403
2002

Amenities

FireplaceA/C
Listing Description

Rarely does a condominium like this become available in downtown Bloomington. Located in the highly desirable Lockerbie community, this premier fourth-floor residence offers 2,319 square feet with 3 bedrooms, 2.5 baths, two private balconies, four parking spaces, and exceptional storage-all within walking distance of downtown and Indiana University.

More than $170,000 has been invested in improvements since 2022, including a remodeled primary bath with heated floor, updated kitchen countertops, lighting, sink and disposal, new Trane HVAC, flooring, tile, carpet, appliances, and a new office with French doors and built-in bookcases.

Two balconies provide outdoor living from different exposures. The east-facing balcony looks toward the Indiana University campus and away from the street, offering treetop views and beautiful morning sunrises. Large patio doors bring abundant natural light into the living space and reinforce the connection between indoors and out.

The amenities further distinguish this residence. Unit 403 is the only condominium in Lockerbie with four parking spaces, providing the ability to have four building-access key fobs and four garage door openers, and it includes the largest storage unit in the parking garage.

Residents also have shared access to a fitness center. The secure building and dedicated parking provide an easy lock-and-leave lifestyle in the heart of Bloomington. Step outside and much of Bloomington is within walking distance-downtown restaurants and entertainment, Kirkwood Avenue, the Indiana University campus, and IU athletic facilities.

Whether used as a full-time residence or a Bloomington retreat, the combination of space, security, parking, storage, outdoor living, and walkability is difficult to duplicate. HOA services include high-speed internet, water, sewer, and trash pickup, adding convenience to the low-maintenance condominium lifestyle. Lockerbie residences do not often become available, and opportunities offering this particular combination of size, improvements, amenities, and location are especially rare in downtown Bloomington.

Monthly Cost Estimate

$6,890/mo

20% down · 6.5% · 30 years

Principal$814
Interest$4,875
Insurance$328
HOA$873

Estimates only. Actual payments may vary.

Location

500 N Walnut Street #403

Bloomington, IN 47404

Lockerbie Court

Property Details

Flooring

StoneVinylTileCarpet

Cooling

Central Air

Questions & Answers

This 3-bedroom, 3-bathroom condo at 500 N Walnut Street is listed at $1,125,000 ($485/sqft). The estimated monthly payment is $6,890 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $873/month.

Key features include: Built in 2002, 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# 202641504· Source: Indiana Uplands Realtor® Association· 3 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.

500 N Walnut Street #403, Bloomington, IN 47404

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