NOT LISTED FOR SALE

Estimated Value: $375,000 - $565,000

6 Beds
6 Baths
2,617 Sq Ft
$172/Sq Ft Est. Value

Last Sold June 06, 2017

Last sale price $317,500 $121 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,891/month

65 Days on Market

Highlights

  • Tile Flooring
  • Central Air
  • Level Lot
  • Jackson Creek Middle School Rated A

About This Home

As of June 2017

6 units - fully leased, 1 parking space for each 1 bedroom, 1 bath apartment. All newly remodeled. Fresh asphalt, many new upgrades including most of the a/c units, wood laminate and tile flooring, baths and kitchens, roofs, porches, staircases all updated. Very cute, easy to rent. Minutes to IU Health-Bloomington Hospital, a shady and pretty little neighborhood. Coin operated laundry on site. Rent Roll and additional financial information available upon request. Each unit has a range & refrigerator. See attached document - Details - for more information.

Last Listed By

Tracee Lutes

RE/MAX Acclaimed Properties Listed on: 01/06/2017

RE/MAX Acclaimed Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,738

Year Built

  • Built in 1930

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 146 x 60
  • Level Lot

Home Design

  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2,617 Sq Ft Home
  • 2-Story Property

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Parking

  • 6 Parking Spaces
  • Off-Street Parking

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cooling, heating
  • The owner pays for lawn maintenance, sewer, snow removal, trash collection, water
  • Assessor Parcel Number 53-08-05-401-049.000-009

Community Details

Overview

  • 6 Units

Pet Policy

  • Pet Restriction

Building Details

  • Insurance Expense $3,675
  • Maintenance Expense $3,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,738

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Sixplex
  • Year Built: 1930
  • Age: 87
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 6
  • Total Full Bathrooms: 6
  • Legal Description: M M CAMPBELL LOT 52
  • Parcel Number ID: 53-08-05-401-049.000-009
  • Platted: Yes
  • Amenities: Off Street Parking
  • Grid: Southeast Monroe County-C000
  • Inside City Limits: Yes
  • Sp Lp Percent: 89.44
  • Monthly Gross Income: 3525
  • Special Features: None

Interior Features

  • Total Sq Ft: 2617
  • Total Finished Sq Ft: 2617
  • Above Grade Finished Sq Ft: 2617
  • Price Per Sq Ft: 121.32
  • Basement Foundation: Slab
  • Flooring: Laminate, Tile
  • Number Of Disposals: 6
  • Number Of Microwaves: 6
  • Number Of Ranges Ovens: 6

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 3675
  • Annual Maintenance Expense: 3000

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 146 x 60
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Lawn Maintenance, Sewer, Snow Removal, Trash Collection, Water
  • Tenant Pays: Cooling, Heating

Multi Family

  • Gross Monthly Rent: 3525
  • Number Of Dryers: 2
  • Number Of Refrigerators: 6
  • Number Of Units: 6
  • Number Of Washers: 2
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Number Of 4 Bedrooms: 1
  • Num Of Efficiencies: 1
  • Num Of Units Rented: 6

Tax Info

  • Annual Property Tax: 4738

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2017
Closed on
Jun 6, 2017
Sold by
Jt Crown Properties Llc
Bought by
Hat Living Llc
Seller's Agent
Tracee Lutes
RE/MAX Acclaimed Properties
List Price
$355,000
Sold Price
$317,500
Premium/Discount to List
-$37,500
-10.56%
Total Days on Market
65
Current Estimated Value
$450,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,115
Avg. Annual Appreciation
4.48%
Original Mortgage
$254,000
Outstanding Balance
$177,862
Interest Rate
4.03%
Mortgage Type
Commercial
Estimated Equity
$272,753

Purchase Details

Listed on
May 8, 2012
Closed on
Feb 28, 2013
Sold by
Wooton Carl D
Bought by
Jt Crown Properties Llc
Seller's Agent
Scott Owens
Owens Realty Group
Buyer's Agent
Scott Owens
Owens Realty Group
List Price
$189,000
Sold Price
$87,000
Premium/Discount to List
-$102,000
-53.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.42%
Original Mortgage
$159,000
Interest Rate
3.34%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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Range of Values:

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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
Hat Living Llc -- None Available
Jt Crown Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hat Living Llc $254,000
Previous Owner Jt Crown Properties Llc $159,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2017 06/06/17 Sold $317,500 -10.6% $121 / Sq Ft
03/12/2017 03/12/17 Pending -- -- --
01/06/2017 01/06/17 For Sale $355,000 +308.0% $136 / Sq Ft
02/28/2013 02/28/13 Sold $87,000 -54.0% $29 / Sq Ft
12/30/2012 12/30/12 Pending -- -- --
05/08/2012 05/08/12 For Sale $189,000 -- $64 / 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 $4,330 $471,600 $61,500 $410,100
2022 $7,425 $429,100 $61,500 $367,600
2021 $6,316 $367,100 $61,500 $305,600
2020 $6,254 $365,000 $56,700 $308,300
2019 $7,078 $371,100 $37,800 $333,300
2018 $7,264 $344,700 $37,800 $306,900
2017 $7,054 $334,000 $37,800 $296,200
2016 $6,407 $308,700 $37,800 $270,900
2014 $4,739 $227,600 $37,800 $189,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201700785

Indiana Regional MLS

APN: 53-08-05-401-049.000-009