5601 S Handy Road

Bloomington, IN

$175,000

5601 S Handy Road, Bloomington, IN 47401

Bloomington, IN 47401

MLS# IRM202640211

Listed today

2 Beds
1 Baths
800 Sq. Ft.

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.

Similar Homes in Bloomington

1815 S Walnut Street, Bloomington
$34,800

0 Beds • 2 Baths

1815 S Walnut Street

Bloomington, IN 47401

Dohman Team

1815 S Walnut Street, Bloomington
$34,800

0 Beds • 2 Baths

1815 S Walnut Street

Bloomington, IN 47401

Dohman Team

1321 E Hunter Avenue, Bloomington
$5,000

4 Beds • 4 Baths · 2,294 Sq. Ft.

1321 E Hunter Avenue

Bloomington, IN 47401-5105

Bloomington Rentals and Realty

Indiana Regional MLSMIBOR Broker Listing Cooperative

Listings displayed by Mark Dietel Realty

Based on information submitted to the MLS GRID as of September 28, 2026 at 8:45 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IRMLS is the source of this listing information as distributed by MLS GRID.

The compilations of listings and each individual listing are © 2026 MLS GRID. All rights reserved. The listing content is owned by the MLS GRID and is protected by federal copyright law.

IDX information is provided exclusively for consumers' personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by IRMLS as amended from time to time.

Some IDX listings have been excluded from this website.

Please report suspected listing-data inaccuracies to Mark Dietel Realty. Contact us or call (317) 426-9911.

Copyright complaints: DMCA notice.

MIBOR Broker Listing Cooperative® Disclaimer

© 2026 MIBOR REALTOR® Association

IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service.

Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID

IDX information is provided exclusively for consumers' personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the Broker Listing Cooperative listing service as of September 28, 2026 at 8:45 PM EDT. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Based on information submitted to the MLS GRID as of September 28, 2026 at 8:45 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.