NOT LISTED FOR SALE

1005 W Cascade Ave Bloomington, IN 47404

18 Beds
17 Baths
9,600 Sq Ft
0.54 Acres

Last Sold March 28, 2022

Last sale price $682,000 $71 Per Sq Ft

800 Days on Market

Highlights

  • Patio
  • Jack-and-Jill Bathroom
  • Forced Air Heating and Cooling System
  • Tri-North Middle School Rated A

About This Home

As of March 2022

A total of 6 units all currently rented. Units consist of one 2 bed with 1.5 baths, one 4 bed with 2.5 baths, and four 3 bed with 2.5 baths. Bus stop at the end of Cascade Ave provides simple transportation needs. Included is the parking lot next door as well providing ample space for tenants. Conveniently located close to 45/46 and Kinser Pike, walking distance to the Stadium and grocery store. Tenants pay all utilities and each unit has separate meters.

Last Agent to Sell the Property

Aaron Steele

FC Tucker/Bloomington REALTORS Listed on: 11/01/2019

FC Tucker/Bloomington REALTORS

Last Buyer's Agent

Aaron Steele

FC Tucker/Bloomington REALTORS Listed on: 11/01/2019

FC Tucker/Bloomington REALTORS

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $7,112

Year Built

  • Built in 1992

Lot Details

  • 0.54

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 9,600 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 18 Bedrooms
  • Jack-and-Jill Bathroom

Parking

  • 12 Parking Spaces
  • Driveway
  • Paved Parking
  • Parking Lot
  • Off-Street Parking

Schools

  • Arlington Heights Elementary School
  • Tri-North Middle School
  • Bloomington North High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Patio
  • 0.54 Acre Lot
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, fuel, heating, water
  • The owner pays for building insurance, tax, trash collection
  • Assessor Parcel Number 53-05-29-400-098.000-005

Community Details

Overview

  • 6 Units

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 6 Separate Water Meters
  • Insurance Expense $3,000
  • Trash Expense $816

Property Details

Home Type

Apartment

Est. Annual Taxes

$7,112

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1992
  • Age: 30
  • Style: Two Story
  • Bedrooms: 18
  • Number Above Grade Bedrooms: 18
  • Total Bathrooms: 17
  • Total Full Bathrooms: 11
  • Total Number of Half Bathrooms: 6
  • Legal Description: 013-27565-00 PT NW SE 29-9-1W .54A; PLAT 344; ANNEXED 3-1-02 FROM 012-27565-00
  • Parcel Number ID: 53-05-29-400-098.000-005
  • Platted: Yes
  • Amenities: Off Street Parking, Cable Available, Deck Open, Patio Open, Water Heater Electric, Water Heater Gas, Jack & Jill Bath
  • Inside City Limits: Yes
  • Location: City/Town/Suburb, Near College Campus
  • Sp Lp Percent: 86.33
  • Monthly Gross Income: 5200
  • Restrictions Yn: Yes
  • Year Taxes Payable: 2019
  • Special Features: None

Interior Features

  • Total Sq Ft: 9600
  • Total Finished Sq Ft: 9600
  • Above Grade Finished Sq Ft: 9600
  • Price Per Sq Ft: 71.04
  • Basement Foundation: Slab
  • Basement Material: Poured Concrete
  • Flooring: Mixed
  • Number Of Ranges Ovens: 6

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Asphalt
  • Stories: 2

Garage/Parking

  • Driveway: Asphalt
  • Number Of Parking Spaces: 12
  • Parking: Lot, Off Street, Paved

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Water Company: Bloomington City Utility
  • Annual Insurance Expense: 3000
  • Annual Trash Expense: 816
  • Number Electric Meters: 6
  • Number Gas Meters: 6
  • Number Of W D Hookups: 6
  • Number Water Meters: 6

Schools

  • School District: Monroe County Community School Corp.
  • Elementary School: Arlington Heights
  • Middle School: Tri-North
  • High School: Bloomington North
  • Elementary School: Arlington Heights

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: Unknown
  • Estimated Lot Sq Ft: 23522
  • Estimated Lot Size Acres: 0.54

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Tax, Trash Collection
  • Tenant Pays: Cable, Cooling, Electric, Fuel, Heating, Water

Multi Family

  • Gross Monthly Rent: 5200
  • Number Of Dishwashers: 6
  • Number Of Dryers: 6
  • Number Of Refrigerators: 6
  • Number Of Units: 6
  • Number Of Washers: 6
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 4
  • Number Of 4 Bedrooms: 1
  • Num Of Units Rented: 6

Tax Info

  • Annual Property Tax: 7112.48

MLS Schools

  • High School: Bloomington North
  • Middle School: Tri-North
  • School District: Monroe County Community School Corp.

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2022 03/28/22 Sold $682,000 -13.7% $71 / Sq Ft
11/22/2021 11/22/21 For Sale $790,000 0.0% $82 / Sq Ft
11/22/2021 11/22/21 Price Changed $790,000 +15.8% $82 / Sq Ft
11/11/2021 11/11/21 Off Market $682,000 -- --
11/11/2020 11/11/20 For Sale $850,000 +24.6% $89 / Sq Ft
10/30/2020 10/30/20 Off Market $682,000 -- --
01/02/2020 01/02/20 Price Changed $850,000 -10.5% $89 / Sq Ft
11/01/2019 11/01/19 For Sale $950,000 -- $99 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201948088

Indiana Regional MLS