405 West Terrace Drive, Bloomington, IN, USA
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At a glance
This off-market mobile in Bloomington, IN has 3 beds, 2 baths, 1,352 sq ft and an asking price of $125,000. ARV is about $192,000. Tagged as a wholesale opportunity. Posted Apr 2, 2026.
mobileListed Apr 2, 2026Closes Jun 1, 2026Subject to: no
Property overview
405 West Terrace Drive, Bloomington, IN, USA, 47403
3
Bedrooms
2
Bathrooms
1,352
Sq ft
2008
Year built
Lot rent
0
Rehab level
CosmeticLightModerateHeavyComplete
Indicated: Moderate
Property access
Occupancy
Vacant
Access
lockbox
Viewing
anytime
Time
flexible
- Parking
- Street
- A/C
- Electric
- Construction
- Any
Full listing copy (as provided)
Solid opportunity for investors looking for a fix & flip or rental in a strong market. This manufactured home on a permanent foundation offers a great layout, good square footage, and plenty of upside with the right updates.
💰 Asking Price: $125,000
📈 ARV: ~$192,000
🔧 Estimated Repairs: $30,000–$40,000
🛏 3 Bed / 2 Bath
📏 1,352 sq ft
🏗 Built: 2008
🌳 Lot Size: .28 acres
🏠 Occupancy: Vacant
🔨 Condition
Medium rehab needed. Property will require:
- New flooring
- Interior paint
- Kitchen updates
- Bathroom updates
💡 Why This Deal Works
- Strong spread between purchase price and ARV
- Newer build (2008) reduces major structural concerns
- Manufactured home on permanent foundation (easier financing/resale)
- Good lot size in a desirable Bloomington market
- Ideal for flip or long-term rental
⚡ Deal Details
- Off-market opportunity
- Assignment of contract
- Cash or hard money only
- Property sold as-is
- Buyer to verify all information
Realtor commission
✓
Commission
Commission Offered
Property location
Timeline
Posted Apr 2, 2026 · Updated Apr 2, 2026
Strategy: Wholesale
