Ellettsville, IN 47429 122 S Sale Street

Historic preservation rehab project! The nonprofit group, Bloomington Restorations, Inc. seeks rehabber to return this charming home to its original glory. Historic preservation covenants and restrictions apply to exterior only. Inside can be changed or altered any way you wish, although there are some pretty cool window openings and super tall ceilings! There are no restrictions regarding the resale of the property but historic preservation covenants (for exterior only) will remain in place. The home is completely gutted inside and could be reconfigured in a number of ways. Cash/renovation financing only. Federal or state tax credits of up to 20% of the rehabilitation costs may be available for owner occupants or incoming producing uses (buy, rehab and rent). That's right. You may be able to recoup 20% of the cost of rehab!