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Courtesy of Sweet Maple Realty, Shane Gibson, office: 317-442-3561
3 Beds
3 Baths
2,319 sqft

$1,125,000

500 N Walnut Street Unit: 403, Bloomington IN, 47404

Price per sqft$485.12
Built in2002
Property size2,319 sqft
Property typeCondominium

Overview

Active

Updated 40h ago

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.

$7,485/mo

Est. mortgage payment based on a $1,125,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
202641504

Interior Features

Bedrooms
3
Bathrooms
3
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Other Property Details

Taxes
$6,223
Tax Frequency
Annually
Association Fee Frequency
Monthly
Garage
Yes
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Listings courtesy of Indiana Regional MLS as distributed by MLS GRID 

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Data last updated 4:24 AM UTC, 10/9/2026

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