5601 S Handy Road
Bloomington, IN
$175,000
5601 S Handy Road, Bloomington, IN 47401
Bloomington, IN 47401
MLS# IRM202640211
Listed today
About this home
Potential Alert!! checkout this unique property situated on 3.5 acres on Bloomington’s desirable south side. Offering incredible versatility, this parcel features two separate single-family dwellings—both being sold strictly as-is—making it an ideal setup for a multi-unit rental portfolio, a family compound, or a value-add flip. Left Unit: A charming 2-bedroom, 1-bath home featuring a solid limestone exterior and an detached 1-car garage. It just needs a buyer with vision to bring its classic character back to life. Right Unit: A 2-bedroom, 1-bath single-family home with vinyl siding, offering a great canvas for renovations and updates. Location is everything, and this property delivers. Enjoy room to spread out on expansive acreage while staying just minutes from southside amenities, including easy access to Lake Monroe for boating, fishing, racing, and outdoor recreation. Whether you're searching to build passive income or execute a high-upside transformation, 5601 S Handy Rd is packed with opportunity. Bring your contractor and your vision!
Property Details
- Type
- Residential
- Year Built
- 1899
- Lot Size
- 3.5 acres
- Listed
- today
- County
- Monroe County
- Listing Office
- Carpenter, REALTORS-Bloomington
Mortgage Calculator
Estimate principal and interest for this listing.
$35,000
Estimated monthly payment
$885/mo
- Principal & interest
- $885
- Loan amount
- $140,000
Estimate only — not MLS listing data. Does not include taxes, insurance, or other costs. Rates change daily.
Listed by Carpenter, REALTORS-Bloomington.





