NOT LISTED FOR SALE

Estimated Value: $416,697 - $550,000

3 Beds
1.5 Baths
1,513 Sq Ft
$303/Sq Ft Est. Value

Last Sold February 12, 2015

Last sale price $253,500 $168 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $3,040/month

166 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Formal Dining Room
  • Binford Elementary School Rated A
  • Corner Lot
  • 4-minute walk to Harmony School Neighborhood Playground

About This Home

As of February 2015

Fantastic location in the heart of Bloomington, IU campus, and close to Bryan Park. Located in Elm Heights, which is one of the most historic and desired neighborhoods in Bloomington, 1001 E. 1st is convenient to many amenities. Close to campus, the park, Bloomingfoods, downtown, or to many of the shops, restaurants, cafes, bars, and boutiques. This 3 bedroom, 1 study, 1.5 bath, 2,416 square foot home has much to offer besides location. The owner has done numerous upgrades and improvements to the property and a list is provided with the pictures. The home is light and bright with new windows and blinds. It features a newly poured concrete drive and back patio. The patio area has a hard lined gas grill perfect for the grilling and the home has a walkout upper deck balcony perfect for the chilling. Enjoy the sights and sounds of the neighborhood on the balcony while enjoying your morning coffee or evening glass of wine. On the main level you will find the kitchen, dining room, living room, study and half bath. Upstairs is the full bath, 3 bedrooms, and walkout to the balcony. Downstairs has the laundry area, storage, and finished media room. Original hardwood floors upstairs add to the character while the downstairs has fresh carpet. The new concrete drive provides excellent parking. The yard is landscaped and while small, there is hardly any upkeep or mowing required. The owner is in process of getting an updated occupancy permit for 3 and has rented for $2,000 a month. Whether you are looking for the ideal student home, the perfect residence close to IU, or an investment, 1001 1st St. has numerous possibilities. This property has no exemptions so taxes will be much lower if a homestead, mortgage, or other exemption is applied.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,917

Year Built

  • Built in 1930

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 112 x 28
  • Landscaped
  • Corner Lot

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Insulated Windows
  • Living Room with Fireplace
  • Formal Dining Room
  • Attic Fan
  • Washer and Electric Dryer Hookup

Kitchen

  • Electric Oven or Range
  • Laminate Countertops
  • Utility Sink
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Finished Basement

  • Sump Pump
  • Stone or Rock in Basement

Home Security

  • Home Security System
  • Storm Doors

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Central Air
  • Heating System Uses Gas
  • Cable TV Available

Additional Features

  • Energy-Efficient HVAC
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 53-08-04-100-011.000-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,917

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1930
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: 015-45140-00 Seminary PT Lot 105
  • Parcel Number ID: 53-08-04-100-011.000-009
  • Platted: Yes
  • Amenities: Alarm System-Security, Balcony, Cable Available, Cable Ready, Ceiling-9+, Ceiling Fan(s), Countertops-Laminate, Deck Open, Disposal, Dryer Hook Up Electric, Landscaped, Patio Open, Range/Oven Hook Up Elec, Utility Sink, Wiring-Security System, Tub/Shower Combination, Formal Dining Room, Sump Pump, Washer Hook-Up
  • Investment Property: Yes
  • Location: City/Town/Suburb, Near College Campus
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2416
  • Total Finished Sq Ft: 1513
  • Above Grade Finished Sq Ft: 1315
  • Below Grade Finished Sq Ft: 198
  • Below Grade Sq Ft: 903
  • Basement: Yes
  • Basement Foundation: Finished
  • Basement Material: Stone
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Flooring: Hardwood Floors, Carpet, Vinyl
  • Living Great Room: Dimensions: 16x20, On Level: Main
  • Kitchen: Dimensions: 9x12, On Level: Main
  • Dining Room: Dimensions: 11x12, On Level: Main
  • Family Room: Dimensions: 18x11, On Level: Basement
  • Den: Dimensions: 8x12, On Level: Main
  • Bedroom 1: Dimensions: 10x13, On Level: Upper
  • Bedroom 2: Dimensions: 10x16, On Level: Upper
  • Bedroom 3: Dimensions: 10x11, On Level: Upper
  • Main Level Sq Ft: 1513
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1101

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None

Utilities

  • Cooling: Attic Fan, Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: 12xBasement, On Level: 10

Lot Info

  • Lot Description: Corner, 0-2.9999
  • Lot Dimensions: 112 x 28
  • Estimated Lot Sq Ft: 3049
  • Estimated Lot Size Acres: 0.07

Green Features

  • Energy Efficient: HVAC
  • Energy Efficient Windows/Doors: Double Pane Windows, Insulated Glass Windows, Storm Doors

Tax Info

  • Annual Taxes: 4916.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2014
Closed on
Feb 11, 2015
Sold by
Lloyd Lawrence E
Bought by
Unland Mark H and Unland Mary Kathleen
List Price
$259,900
Sold Price
$253,500
Premium/Discount to List
-$6,400
-2.46%
Current Estimated Value
$459,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,674
Avg. Annual Appreciation
5.60%
Original Mortgage
$190,100
Outstanding Balance
$145,387
Interest Rate
3.72%
Mortgage Type
FHA
Estimated Equity
$313,787

Purchase Details

Closed on
Jul 31, 2009
Sold by
Gazarkiewicz Joseph F and Gallas Michele O
Bought by
Lloyd Lawrence E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,800
Interest Rate
5.49%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Unland Mark H -- None Available
Lloyd Lawrence E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Unland Mark H $190,100
Previous Owner Lloyd Lawrence E $180,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2015 02/12/15 Sold $253,500 -2.5% $168 / Sq Ft
12/07/2014 12/07/14 Pending -- -- --
06/24/2014 06/24/14 For Sale $259,900 -- $172 / 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 $7,667 $374,500 $114,700 $259,800
2023 $7,768 $367,100 $113,500 $253,600
2022 $6,690 $330,400 $99,600 $230,800
2021 $5,868 $283,100 $91,600 $191,500
2020 $5,543 $268,200 $88,300 $179,900
2019 $5,684 $270,300 $56,200 $214,100
2018 $5,471 $259,600 $56,500 $203,100
2017 $5,434 $257,300 $56,500 $200,800
2016 $5,251 $253,000 $56,500 $196,500
2014 $4,999 $240,100 $56,500 $183,600
2013 $4,999 $236,900 $56,500 $180,400
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 201426027

Indiana Regional MLS

APN: 53-08-04-100-011.000-009