NOT LISTED FOR SALE

Estimated Value: $287,000 - $424,000

4 Beds
2 Baths
870 Sq Ft
$384/Sq Ft Est. Value

Last Sold December 29, 2021

Last sale price $250,000 $287 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,064/month

42 Days on Market

Highlights

  • Porch
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • Tri-North Middle School Rated A
  • Vinyl Flooring

About This Home

As of December 2021

Come see this fantastic investment opportunity. This duplex is located just a short distance from the Sample Gates and all the other downtown Bloomington activities. Newly renovated and currently rented, each of the units includes 2 bedrooms and a full bath with an open kitchen and living room area. Beautiful vinyl plank flooring throughout with updated vanities. Units include Central A/C along with plenty of parking. This property has the potential to rent for $850 each month per side.

Last Listed By

Todd Durnil

RE/MAX Realty Professionals Listed on: 11/16/2021

RE/MAX Realty Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,971

Year Built

  • Built in 1971

Lot Details

  • 6,970 Sq Ft Lot
  • Sloped Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 870 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Block Basement Construction
  • Crawl Space

Parking

  • 4 Parking Spaces
  • Private Parking
  • Gravel Driveway
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, heating
  • The owner pays for building insurance, tax, water
  • Assessor Parcel Number 53-05-32-409-013.000-005

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $710
  • Maintenance Expense $250
  • Water Sewer Expense $900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,971

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1971
  • Age: 50
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 013-00900-00 FULLER & WALDRON LOT 41
  • Parcel Number ID: 53-05-32-409-013.000-005
  • Platted: Yes
  • Amenities: Off Street Parking, Porch Open
  • Cross Street: Elm St
  • Grid: Northwest Bloomington Cit-1000
  • Location: City/Town/Suburb, Near College Campus, Near Walking Trail
  • Sp Lp Percent: 100
  • Monthly Gross Income: 1600
  • Special Features: None

Interior Features

  • Total Sq Ft: 870
  • Total Finished Sq Ft: 870
  • Above Grade Finished Sq Ft: 870
  • Price Per Sq Ft: 287.36
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Flooring: Vinyl
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum, Brick
  • Roof Material: Asphalt
  • Stories: 1

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 4
  • Parking: Gravel, Off Street, Private

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: 710
  • Annual Maintenance Expense: 250
  • Annual Water Sewer Expense: 900

Schools

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

Lot Info

  • Lot Description: Slope, 0-2.9999
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 6970
  • Estimated Lot Size Acres: 0.16

Rental Info

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

Multi Family

  • Gross Monthly Rent: 1600
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 2971.44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2021
Sold by
Pacheco Chase Miller
Bought by
Pacheco Carl R and Pacheco Jill P
Total Days on Market
42
Current Estimated Value
$334,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Outstanding Balance
$154,927
Interest Rate
3.05%
Mortgage Type
Seller Take Back
Estimated Equity
$179,236

Purchase Details

Closed on
Aug 26, 2019
Sold by
Samuelsen Robert R and Samuelsen Ellen R
Bought by
Pacheco Chase Miller

Range of Values:

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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
Pacheco Carl R $190,000 None Available
Pacheco Chase Miller -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pacheco Carl R $170,000
Previous Owner Samuelsen Robert R $105,000
Previous Owner Samuelsen Robert R $105,000
Previous Owner Samuelsen Robert R $57,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2021 12/29/21 Sold $250,000 0.0% $287 / Sq Ft
11/16/2021 11/16/21 For Sale $250,000 -- $287 / 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
2023 $2,532 $238,700 $95,200 $143,500
2022 $4,291 $211,500 $82,800 $128,700
2021 $3,286 $158,200 $46,000 $112,200
2020 $2,971 $144,000 $36,800 $107,200
2019 $3,011 $145,300 $33,100 $112,200
2018 $3,024 $145,200 $38,600 $106,600
2017 $2,876 $138,400 $33,800 $104,600
2016 $2,851 $140,200 $33,800 $106,400
2014 $2,772 $132,900 $33,800 $99,100
Source: Public Records

Agents Affiliated with this Home

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Source: Indiana Regional MLS

MLS Number: 202148034

Indiana Regional MLS

APN: 53-05-32-409-013.000-005