550 S Walnut St, Bloomington, IN 47401 Property Records

Monroe County property record for 550 S Walnut St, Bloomington, IN 47401

Property Summary

Property TypeRestaurant
Details785 sqft · built 1989
Lot Size0.496 acres (21,606 sqft)
OwnerCompany Name on Record
Tax Bill$8,700 (2025)
Deeds & MortgagesJan 2022 Mortgage
Flood ZoneZone X (minimal risk)
APN015-54680-00

Property Details

APN / Parcel Number

Primary APN015-54680-00
Alternative APN
  • 53-08-04-215-006.000-009

Interior

Plumbing Fixtures5 Plumbing Fixtures
Stories1 Story
Building Area785 sqft Building Perimeter

Exterior

Year BuiltBuilt 1989
Effective Year BuiltEffective 1989
Lot Area21,606 sqft (0.496 acres)

Utilities, Heating & Cooling

Heating FuelGas
SewerConnected

Location & Zoning

Account Number015-54680-00
Street Address550 S WALNUT ST
CityBLOOMINGTON
StateIN
Zip47401-4618
Property CategoryCommercial
Property TypeCommercial > Retail > Restaurant
Legal DescriptionMCCSC SUB DIV 1 PT L3 & 6 & LOTS 4 & 5
Legal SubdivisionMCCSC SUB
Legal Lot Number4-5
JurisdictionMONROE IN
Township / Civil DivisionPERRY
Census Block Group1
Census Block1002
Census Tract301

Historic Designation

Source: NPS National Register of Historic Places, as of August 1, 2026

Historic DistrictWithin the Courthouse Square Historic District
listed 1990 · 57 contributing resources · NRIS 90001931

Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.

Owner

Source: Monroe County records, as of June 22, 2026

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of RecordCompany Name on Record
Mailing Address1995 N PARK PL SE, 430, ATLANTA, GA 30339-7426
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Record UpdatedSep 20, 2026

January 2022: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionMONROE IN
Recording DateJan 5, 2022
Property Address550 S WALNUT ST, BLOOMINGTON, IN 47401-4618
Document Number2022000289
Map ReferenceMB 5 PG 85
Instrument DateDec 23, 2021
Instrument2022000289
Transaction TypeTransfer
Record UpdatedFeb 17, 2022

Transaction

Tax$0.00
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address1995 N PARK PL SE STE 430, 430, ATLANTA, GA 30339-7426

Mortgage

Document Number2022000290
DateJan 5, 2022
Instrument2022000290
Lender
NameTRUIST BANK
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term119 Months
DueDec 28, 2031

Tax Assessment & Valuation

Source: Monroe County assessment roll, as of June 22, 2026

Property Jurisdictions

TypeName
StateIndiana
MunicipalityBloomington City
CountyMonroe County
County SubdivisionPerry Township
Unified School DistrictMonroe County Community School Corporation (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$8,700.00 (+8.33%)$554,100 (+35.31%) Land $496,800 Building $57,300$554,100 (+35.31%) Land $496,800 Building $57,300
2024$8,031.00 (-5.89%)
2023$409,500 (-2.85%) Land $356,400 Building $53,100$409,500 (-2.85%) Land $356,400 Building $53,100
2022$8,534.00$421,500 Land $356,400 Building $65,100$421,500 Land $356,400 Building $65,100

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective September 17, 2024 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Nearest Special Flood Hazard AreaZone AE, within 500 ft
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies4 in force
Nearby Flood Claims7 (2008–2021)
Most Recent ClaimJun 2021 · rainfall accumulation
Claims by Event
  • Severe Storms, Flooding, And Tornadoes, Jun 2008 · 2 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemCITY OF BLOOMINGTON UTILITIES
serves 83,000 people · EPA ID IN5253002
Water SourceSurface water
Last State InspectionOct 2023
Lead5 ppb (2023–2025)
action level 15 ppb

Violations Reported to EPA

Water QualityTurbidity
resolved · Aug 2024
Treatment and ProcedureCorrosion control
Jan 2018
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 439 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
AT&T
Fiber · Fixed Wireless · DSL in parts of the area
5,000 / 5,000
Xfinity
Cable · Fiber in parts of the area
2,000 / 250
Verizon
Fixed Wireless
300 / 20
T-Mobile
Fixed Wireless
100 / 20

May also be available: GigabitNow.

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