NOT LISTED FOR SALE

1000 E Atwater Ave Bloomington, IN 47401

Elm Heights Neighborhood

Estimated Value: $551,000 - $771,521

8 Beds
3.5 Baths
2,480 Sq Ft
$274/Sq Ft Est. Value

Last Sold April 26, 2016

Last sale price $725,000 $292 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $4,561/month

326 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Eat-In Kitchen
  • Binford Elementary School Rated A
  • Covered Patio or Porch
  • 4-minute walk to Harmony School Neighborhood Playground

About This Home

As of April 2016

Due to health reasons seller is selling this 8 bedroom, 3 1/2 bath boarding house. Occupancy permit is updated, paved parking, basement, close to IU campus, sororities, fraternities, bookstore. Hardwood floors, fireplace, appliances stay, central kitchen. Historical designation on this property.

Last Agent to Sell the Property

Jason Millican

Jason Millican Group Listed on: 06/03/2015

Last Buyer's Agent

Jeff Brawley

Brawley Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,963

Year Built

  • Built in 1920

Lot Details

  • 8,712 Sq Ft Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Double Pane Windows
  • Partially Finished Basement
  • Block Basement Construction

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms

Parking

  • 11 Parking Spaces
  • Driveway
  • Paved Parking

Schools

  • Rogers/Binford Elementary School
  • Jackson Creek Middle School
  • Bloomington North High School

Utilities

  • Window Unit Cooling System
  • High-Efficiency Furnace
  • Cable TV Available

Additional Features

  • ENERGY STAR/Reflective Roof
  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable
  • The owner pays for building insurance, cooling, electric, heating, lawn maintenance, maintenance, parking, sewer, water
  • Assessor Parcel Number 53-08-04-102-032.000-009

Community Details

Overview

  • 8 Units

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • Electric Expense $1,500
  • Fuel Expense $1,000
  • Insurance Expense $3,000
  • Maintenance Expense $1,000
  • Trash Expense $1,000
  • Water Sewer Expense $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,963

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1920
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 8
  • Total Bathrooms: 4
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Legal Description: 015-57720-00 Elm Heights Lot 24. |
  • Parcel Number ID: 53-08-04-102-032.000-009
  • Platted: Yes
  • Amenities: Basement, Fireplace, Cable Available, Countertops-Laminate, Eat-In Kitchen, Porch Covered
  • Location: City/Town/Suburb
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 3321
  • Total Finished Sq Ft: 2480
  • Above Grade Finished Sq Ft: 2480
  • Below Grade Sq Ft: 841
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block
  • Flooring: Carpet, Vinyl, Wood
  • Total Below Grade Sq Ft: 841
  • Number Of Ranges Ovens: 1
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Wood
  • Roof Material: Asphalt
  • Stories: 2

Garage/Parking

  • Driveway: Asphalt
  • Number Of Parking Spaces: 11
  • Parking: Paved

Utilities

  • Cooling: Window
  • Heating Fuel: Conventional
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Water Company: Bloomington City Utility
  • Cable Company: Comcast
  • Hvac: High Efficiency Furnace
  • Annual Electric: 1500
  • Annual Fuel Expense: 1000
  • Annual Insurance Expense: 3000
  • Annual Maintenance Expense: 1000
  • Annual Trash Expense: 1000
  • Annual Water Sewer Expense: 1000

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • Elementary School: Rogers/Binford

Lot Info

  • Lot Description: Level
  • Lot Dimensions: .20
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2

Green Features

  • Energy Efficient: Roofing
  • Energy Efficient Windows/Doors: Double Pane Windows

Rental Info

  • Lease Term: Negotiable
  • Owner Pays: Building Insurance, Cooling, Electric, Heating, Lawn Maintenance, Maintenance, Parking, Sewer, Water
  • Tenant Pays: Cable

Tax Info

  • Annual Property Tax: 6962.54

Multi Family

  • Number Of Refrigerators: 1
  • Number Of Units: 8
  • Num Of Efficiencies: 8

MLS Schools

  • High School: Bloomington North
  • Middle School: Jackson Creek
  • School District: Monroe County Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2015
Closed on
Apr 26, 2016
Sold by
Windhorse Properties Llc
Bought by
Bmi Properties Llc
Seller's Agent
Jason Millican
Jason Millican Group
Buyer's Agent
Jeff Brawley
Brawley Real Estate
List Price
$800,000
Sold Price
$725,000
Premium/Discount to List
-$75,000
-9.38%
Current Estimated Value
$680,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$44,870
Avg. Annual Appreciation
-0.66%

Purchase Details

Closed on
Feb 26, 2014
Sold by
Thunderbolt Properties Llc
Bought by
Windhorse Properties Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bmi Properties Llc -- None Available
Windhorse Properties Llc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2016 04/26/16 Sold $725,000 -9.4% $292 / Sq Ft
04/24/2016 04/24/16 Pending -- -- --
06/03/2015 06/03/15 For Sale $800,000 -- $323 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,792 $576,000 $214,500 $361,500
2023 $5,611 $530,300 $214,500 $315,800
2022 $10,948 $540,700 $214,500 $326,200
2021 $10,644 $513,500 $214,500 $299,000
2020 $10,614 $513,500 $214,500 $299,000
2019 $10,314 $490,500 $214,500 $276,000
2018 $10,482 $497,400 $214,500 $282,900
2017 $10,516 $497,900 $214,500 $283,400
2016 $7,802 $375,900 $214,500 $161,400
2014 $6,963 $334,400 $214,500 $119,900
Source: Public Records

Agents Affiliated with this Home

  • Jason Millican

    Seller's Agent in 2016

    Jason Millican

    Jason Millican Group

    (317) 372-9999

    1 in this area

    119 Total Sales

    Jason Millican
    Section Image
  • Jeff Brawley

    Buyer's Agent in 2016

    Jeff Brawley

    Brawley Real Estate

    (812) 327-5331

    2 in this area

    69 Total Sales

    Jeff Brawley
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201525719

Indiana Regional MLS

APN: 53-08-04-102-032.000-009

Indiana Monroe County Bloomington 47401 Elm Heights

1000 E Atwater Ave, Bloomington, IN

Not Listed for Sale

MultiFamily

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