SELLER IS OFFERING A $5000.00 BUYER INCENTIVE!! Beautifully updated two-story, walk-out basement home in the desirable Woodgate neighborhood! This 4-bedroom, 3 full bath and 2, half baths in this home offers an inviting combination of modern style, space, and functionality. The finished walkout basement is a standout feature, complete with a beautiful bar and additional living space perfect for entertaining, relaxing, or hosting guests. The home also features a spacious bonus room, providing flexibility for a home office, playroom, or an additional bedroom. Storage is plentiful with a 12x11 and a 7x3 storage rooms. Outside, a 10x10 storage shed provides even more space for lawn equipment, gardening tools, and outdoor essentials. Enjoy the peaceful setting backing up to the woods. With thoughtful updates throughout, generous living space, and a desirable neighborhood location, this home is one you won’t want to miss! Buyer may apply the $5000 concession towards closing cost, prepaid expenses, or other allowable expenses of their choice.
For Sale By Owner in Woodgate! ??3982 W Ribbon Lane, Bloomington, IN 47404 Message me to tour this beautifully updated 4-bedroom, 2 full bath, 2 half bath home in the highly sought-after Woodgate neighborhood! Offering 3,363 finished square feet, this spacious home blends comfort, style, and functionality with room for everyone. Features you’ll love: • Fully finished basement featuring a one-of-a-kind, fully functional custom bar—perfect for entertaining! • New roof • New HVAC system • Fresh interior paint throughout • Freshly stained back deck • Spacious primary suite with double vanity, large soaking tub, and walk-in closet • Large closets throughout • Kitchen with stainless steel appliances and a cozy breakfast nook • Expansive backyard with plenty of space to relax or entertain • Attached 2-car garage • Built in 2003 ?? Offered at $475,000 This move-in-ready home has been meticulously maintained and updated, making it an incredible opportunity in one of Bloomington’s most desirable neighborhoods. ?? For more information or to schedule a private showing, contact the owner directly. The seller is handling the sale directly and intends to work with buyers who are not currently represented by a real estate broker in this transaction. Prospective buyers will be asked to confirm their representation status before scheduling a private showing. To encourage direct, unrepresented offers, the seller may consider a favorable pricing adjustment or a cash credit at closing for qualified buyers who proceed without broker representation, subject to terms and acceptance.
Year
Property tax
Land + Additions
Assessment*
2024
$3,219 (−1.7%)
$75,600 + $305,000
$380,600
2023
$3,276 (+9.1%)
$75,600 + $307,300
$382,900
2022
$3,004 (+7.6%)
$60,000 + $273,400
$333,400
2021
$2,791 (+7.1%)
$50,000 + $244,200
$294,200
2020
$2,607 (+18.7%)
$45,000 + $232,200
$277,200
2019
$2,196 (+4.9%)
$35,000 + $216,800
$251,800
2018
$2,093 (−4.9%)
$35,000 + $207,100
$242,100
2017
$2,201 (+18.3%)
$35,000 + $192,200
$227,200
2016
$1,861 (+12.7%)
$35,000 + $177,400
$212,400
2015
$1,652 (−1.1%)
$35,000 + $172,900
$207,900
2013
$1,671
$35,000 + $170,000
$205,000
Public record
Public record
Zoning
Beds
3
Baths
3
Stories
2
Lot width
—
Lot depth
—
Lot size
9,148 Sq. Ft.
Year renovated
2003
Finished Sq. Ft.
2,718
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,718
Year built
2003
Style
Single Family Residential
County
Monroe County
APN
530413200115000011
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 13, 2026.
MR
Medium Density Residential District
The character of the Medium Density Residential (MR) District is defined as that which is primarily intended for residential development in areas in urban service areas, where public sewer service is available. Its purposes are: to encourage the development of moderately-sized residential lots in areas where public services exist to service them efficiently; to discourage the development of nonresidential uses; to protect the environmentally sensitive areas, including floodplain, watersheds, karst, and steep slopes; and to maintain the character of the surrounding neighborhood. Therefore, the number of uses permitted in the MR District is limited. Some uses are conditionally permitted. The conditions placed on these uses are to insure their compatibility with the residential uses. The development of new residential activities proximate to known mineral resource deposits or extraction operations may be buffered by distance.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 105° expected this year, 18 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Bloomington, IN • 47404
Average low and high temperatures (°F)
34
18
43
26
62
40
69
49
72
54
82
65
86
70
81
64
80
57
68
49
55
39
43
29
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
84/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.9 hrs
5.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3982 W Ribbon Ln
$459,867
$33 under list price of $460K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $410K to $589K.