618 W Howe St, Bloomington, IN 47403-2231

Property Description

Bring your vision to Prospect Hill. Located in one of Bloomington's most desirable west-side neighborhoods, 618 Howe Street presents a rare opportunity for a builder, investor, or buyer with the vision to take on a major reconstruction project. Offered at $100,000 and sold AS IS, the property is currently in shell condition, with significant demolition and little framing completed and no roof in place. This is not a typical renovation—it will require substantial reconstruction. But for the right buyer, the opportunity is compelling. A City of Bloomington Building Permit is already in place and transfers with the property to the new owner. The permit is valid through July 2, 2028. The permitted project includes engineered plans prepared by structural engineer Kevin Potter for an extensive renovation and addition that essentially reimagines and rebuilds the old existing home. A buyer can explore completing the existing permitted plans or pursue a different vision for the property, subject to applicable City and Historic District requirements. With R3 zoning, approximately 0.0895 acres, and a coveted Prospect Hill location, there is significant potential for someone who knows how to turn a challenging property into something exceptional. This is an opportunity to step in with much of the planning and permitting groundwork already completed and finish the project—or take it in an entirely new direction (thought a new permit would need to be applied for). Property is being sold strictly AS IS. Buyer to independently verify all zoning, Historic District requirements, permit details, plans, development potential, existing conditions, and other information important to the buyer.