Listed with Edward Buthelezi, Carpenter, REALTORS-Bloomington, Cell: 812-671-3070

Price $175,000
Status Active
Beds 2
Baths 1 Bath
Home size 800 sqft
Lot Size 3.50 ac
Days on Market 23
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 Type(s): Single Family
Last Updated 9/28/2026 Tract None
Year Built 1899 County Monroe

SCHOOLS

School District Monroe County Community School C
Elementary School Lakeview
Jr. High School Jackson Creek
High School Bloomington South

Additional Details

AIR None
BASEMENT None
CONSTRUCTION Vinyl Siding
HEAT None
LOT 3.5 acre(s)
LOT DESCRIPTION Irregular Lot
LOT DIMENSIONS irregular
SEWER Septic Tank
STYLE 1 Level
SUBDIVISION None
TAXES 3034
WATER Public
Listed with Edward Buthelezi, Carpenter, REALTORS-Bloomington, Cell: 812-671-3070
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Indiana Regional MLS®. 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. Data is deemed reliable but is not guaranteed accurate by the MLS.
Copyright© 2026 IRMLS. All rights reserved.
Last Updated On: 10/21/26 4:11 AM PDT
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This IDX solution is (c) Diverse Solutions 2026.

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