NOT LISTED FOR SALE

Estimated Value: $199,000 - $229,255

2 Beds
2 Baths
1,200 Sq Ft
$177/Sq Ft Est. Value

Last Sold April 19, 2024

Last sale price $199,000 $166 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,667/month

77 Days on Market

Highlights

  • Traditional Architecture
  • Covered patio or porch
  • Tile Flooring
  • Jackson Creek Middle School Rated A
  • 1 Car Detached Garage
  • Level Lot

About This Home

As of April 2024

Two units in building. Unit A is an efficiency unit but does have a separate bedroom; Unit B is 1BR/1BA. Two car garage in back allows tenants storage or garage parking. The garage is split in two. Unit B has a current lease through July 2025. Unit A has a lease starting in August 2024 but is vacant now. Easy access to downtown, IU, trails and parks; this property will maintain a solid rental history.

Last Agent to Sell the Property

Lisa Williamson

Orion Real Estate LLC Brokerage Phone: 812-334-5964 Listed on: 02/02/2024

Last Buyer's Agent

Gretchen Nall

Bloomington Rentals and Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,506

Year Built

  • Built in 1899

Lot Details

  • 8,760 Sq Ft Lot
  • Lot Dimensions are 60x146
  • Level Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Laminate Countertops
  • Laundry in Bathroom

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Detached Garage
  • Gravel Driveway
  • Off-Street Parking

Schools

  • Templeton Elementary School
  • Jackson Creek Middle School
  • Bloomington South High School

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, sewer, trash collection, water
  • The owner pays for building insurance, snow removal
  • Assessor Parcel Number 53-08-05-401-011.000-009

Community Details

Overview

  • 2 Units
  • Mcdoel Gardens Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,506

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1899
  • Age: 125
  • Style: One Story
  • Architectural Style: Traditional
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 01-12780-00 M M Campbell Lot 45
  • Parcel Number ID: 53-08-05-401-011.000-009
  • Platted: Yes
  • Amenities: Off Street Parking, Near Walking Trail, Countertops-Laminate, Porch Covered
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100
  • Monthly Gross Income: 1289
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 1200
  • Total Finished Sq Ft: 1200
  • Above Grade Finished Sq Ft: 1200
  • Price Per Sq Ft: 165.83
  • Flooring: Tile
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Wood
  • Roof Material: Asphalt
  • Stories: 1

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 2
  • Parking: Garage, Off Street

Utilities

  • Heating Fuel: Electricity
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Water Company: Bloomington City Utility
  • Number Electric Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 2

Schools

  • School District: Monroe County Community School Corp.
  • Elementary School: Templeton
  • Middle School: Jackson Creek
  • High School: Bloomington South
  • Elementary School: Templeton

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 60x146
  • Estimated Lot Sq Ft: 8760
  • Estimated Lot Size Acres: 0.2
  • Expiration Of Permit: 03/09/2024

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Snow Removal
  • Tenant Pays: Cable, Cooling, Electric, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 935
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of1 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 3506

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2024
Closed on
Apr 19, 2024
Sold by
Brothers Three Llc
Bought by
Decastro Anita A
Seller's Agent
Lisa Williamson
Orion Real Estate LLC
Buyer's Agent
Gretchen Nall
Bloomington Rentals and Realty
List Price
$225,000
Sold Price
$199,000
Premium/Discount to List
-$26,000
-11.56%
Total Days on Market
77
Views
87
Current Estimated Value
$212,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,064
Avg. Annual Appreciation
5.79%

Purchase Details

Closed on
Feb 5, 2019
Sold by
Gronquist Member Jim
Bought by
David Howard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.46%

Purchase Details

Closed on
Jan 31, 2019
Sold by
Greit Llc
Bought by
Brothers Three Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.46%

Purchase Details

Closed on
Oct 31, 2011
Sold by
Gronquist Jim M
Bought by
Greit Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
4.09%
Mortgage Type
Unknown
Source: Public Records

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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
Decastro Anita A $199,000 Capstone Title Partners
David Howard $480,000 --
Brothers Three Llc -- None Available
Greit Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brothers Three Llc $120,000
Previous Owner David Howard --
Previous Owner Brothers Three Llc $360,000
Previous Owner Greit Llc $102,000
Previous Owner Gronquist Jim M $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2024 04/19/24 Sold $199,000 0.0% $166 / Sq Ft
03/01/2024 03/01/24 Price Changed $199,000 -11.6% $166 / Sq Ft
02/02/2024 02/02/24 For Sale $225,000 -- $188 / 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 $5,724 $180,300 $57,400 $122,900
2022 $3,470 $171,400 $49,900 $121,500
2021 $2,981 $143,800 $43,400 $100,400
2020 $2,935 $142,000 $39,100 $102,900
2019 $2,910 $138,300 $26,900 $111,400
2018 $2,679 $127,000 $25,200 $101,800
2017 $2,618 $123,900 $25,200 $98,700
2016 $2,395 $115,400 $25,200 $90,200
2014 $2,355 $113,100 $25,200 $87,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202403409

Indiana Regional MLS

APN: 53-08-05-401-011.000-009