NOT LISTED FOR SALE

Estimated Value: $265,000 - $374,000

6 Beds
3 Baths
2,550 Sq Ft
$126/Sq Ft Est. Value

Last Sold December 16, 2022

Last sale price $212,500 $83 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,069/month

62 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • Jackson Creek Middle School Rated A

About This Home

As of December 2022

Investment Property! This triplex on Fairview Street is in a great location, close to downtown, Catalent, and Switchyard Park. Main level 2 units are currently tenant occupied, basement unit is partially remodeled, some drywall left to hang. Property is in a flood plain. Triplex is being sold As-Is.

Last Agent to Sell the Property

Jill Smith

Quality Realty & Development Listed on: 10/08/2022

Last Buyer's Agent

Gigi Larmour-Goldin

RE/MAX Acclaimed Properties

RE/MAX Acclaimed Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,989

Year Built

  • Built in 1963

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150

Home Design

  • Triplex
  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Washer Hookup

Partially Finished Basement

  • Exterior Basement Entry
  • Sump Pump
  • Block Basement Construction
  • 1 Bathroom in Basement
  • 2 Bedrooms in Basement

Parking

  • 5 Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Location

  • Suburban Location

Schools

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

Utilities

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

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for electric, sewer, water
  • The owner pays for maintenance, tax
  • Assessor Parcel Number 53-08-05-400-016.000-009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,989

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1963
  • Age: 59
  • Style: One and Half Story
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: 015-30910-00 Seminary Pt Lot 54
  • Parcel Number ID: 53-08-05-400-016.000-009
  • Platted: Yes
  • Amenities: Off Street Parking, Near Walking Trail, Water Heater Gas, Sump Pump, Washer Hook-Up
  • Location: City/Town/Suburb
  • Number Below Grade Bedrooms: 2
  • Sp Lp Percent: 94.49
  • Monthly Gross Income: 1800
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 2550
  • Total Finished Sq Ft: 2550
  • Above Grade Finished Sq Ft: 1462
  • Below Grade Finished Sq Ft: 1088
  • Price Per Sq Ft: 145.35
  • Basement: Yes
  • Basement Foundation: Partial Basement, Outside Entrance
  • Basement Material: Block
  • Flooring: Carpet, Wood, Tile, Vinyl
  • Number Below Grade Bathrooms: 1
  • Total Below Grade Sq Ft: 1088
  • Number Of Disposals: 2
  • Number Of Ranges Ovens: 3
  • Number Ttl Rooms Below Grade: 4

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Metal
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 5
  • Parking: Gravel

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
  • Number Of W D Hookups: 3

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: Flood Plain
  • Lot Dimensions: 50x150
  • Estimated Lot Sq Ft: 7405
  • Estimated Lot Size Acres: 0.17

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Maintenance, Tax
  • Tenant Pays: Electric, Sewer, Water

Multi Family

  • Gross Monthly Rent: 1800
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of2 Bedrooms: 3
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 4989.24

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

Closed on
Oct 23, 2008
Sold by
Koontz Mary E
Bought by
Mary E Koontz Revocable Trust
Total Days on Market
62
Current Estimated Value
$321,364
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
Mary E Koontz Revocable Trust -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2022 12/16/22 Sold $212,500 -5.5% $83 / Sq Ft
12/09/2022 12/09/22 Pending -- -- --
12/05/2022 12/05/22 Price Changed $224,900 -10.0% $88 / Sq Ft
11/07/2022 11/07/22 Price Changed $249,900 -15.3% $98 / Sq Ft
10/08/2022 10/08/22 For Sale $295,000 -- $116 / 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 $3,189 $301,400 $51,800 $249,600
2022 $5,444 $268,900 $45,100 $223,800
2021 $4,989 $240,700 $39,200 $201,500
2020 $4,675 $226,200 $35,300 $190,900
2019 $4,843 $230,300 $24,300 $206,000
2018 $4,447 $211,000 $21,200 $189,800
2017 $4,285 $202,900 $21,200 $181,700
2016 $4,004 $192,900 $21,200 $171,700
2014 $3,848 $184,800 $21,200 $163,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202241989

Indiana Regional MLS

APN: 53-08-05-400-016.000-009