NOT LISTED FOR SALE

112 E Southern Dr Bloomington, IN 47401

Estimated Value: $257,000 - $376,000

2 Beds
1.5 Baths
1,764 Sq Ft
$175/Sq Ft Est. Value

Last Sold May 26, 2021

Last sale price $307,500 $174 Per Sq Ft

Current estimated payment $1,893/month

6 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Entrance Foyer
  • Jackson Creek Middle School Rated A
  • Patio
  • Ceiling height of 9 feet or more

About This Home

As of May 2021

This home is located at 112 E Southern Dr, Bloomington, IN 47401 since 12 May 2021 and is currently estimated at $308,162, approximately $174 per square foot. This property was built in 1920. 112 E Southern Dr is a home located in Monroe County with nearby schools including Templeton Elementary School, Jackson Creek Middle School, and Bloomington High School South.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 6,172 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Asbestos Siding

Interior Spaces

  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Entrance Foyer
  • Partially Finished Basement
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Patio

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for cable, electric, heating, sewer, trash collection, water
  • Assessor Parcel Number 53-08-09-200-030.000-009

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1920
  • Style: One Story
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: 015-03710-00 Pt N1/2 Nw 9-8-1w .25a and 015-03720-00 Pt N1/2 NW 9-8-1W Plat 12 (100x15) & Plat 13 (100x130)
  • Parcel Number ID: 53-08-09-200-030.000-009
  • Platted: Yes
  • Amenities: Basement, Fireplace, Cable Available, Ceiling-9+, Countertops-Laminate, Eat-In Kitchen, Foyer Entry, Patio Open
  • Parcel Id2: 53-08-09-200-051.000-009
  • Special Features: None

Interior Features

  • Total Sq Ft: 2622
  • Total Finished Sq Ft: 1764
  • Above Grade Finished Sq Ft: 1764
  • Below Grade Sq Ft: 858
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Flooring: Wood, Tile, Vinyl
  • Total Below Grade Sq Ft: 858

Exterior Features

  • Exterior: Asbestos, Brick
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Of W D Hookups: 2

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 100x145 and 51x121
  • Estimated Lot Sq Ft: 6172
  • Estimated Lot Size Acres: 0.1417
  • Lot Number: 11

Rental Info

  • Tenant Pays: Cable, Electric, Heating, Sewer, Trash Collection, Water

Multi Family

  • Number Of Units: 2
  • Num Of2 Bedrooms: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2022
Sold by
Tunnel Road Investments Llc
Bought by
Montoya Rima
Current Estimated Value
$308,162

Purchase Details

Listed on
Oct 5, 2020
Closed on
Dec 11, 2020
Sold by
Bidwell Smith Andrea K and Sexton Janice E
Bought by
Hearne Development Llc
List Price
$225,000
Sold Price
$240,000
Premium/Discount to List
$15,000
6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.02%
Original Mortgage
$192,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 5, 2020
Closed on
Nov 6, 2020
Sold by
Bidwell Smith Andrea K and Sexton Janice E
Bought by
Hearne Development Llc
List Price
$225,000
Sold Price
$240,000
Premium/Discount to List
$15,000
6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
2.8%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Montoya Rima $630,000 Nations Title Agency
Hearne Development Llc $60,960 John Bethell Title Company, In
Hearne Development Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hearne Development Llc $192,000
Previous Owner Hearne Development Llc $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/26/2021 05/26/21 Sold $307,500 -9.6% $174 / Sq Ft
05/12/2021 05/12/21 For Sale $340,000 +41.7% $193 / Sq Ft
12/11/2020 12/11/20 Sold $240,000 +6.7% $136 / Sq Ft View Prior Sale
10/05/2020 10/05/20 For Sale $225,000 -- $128 / 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
2024 $3,372 $164,700 $56,100 $108,600
2023 $1,730 $163,500 $56,100 $107,400
2022 $3,033 $149,800 $51,000 $98,800
2021 $2,786 $134,400 $45,900 $88,500
2020 $2,743 $132,700 $45,900 $86,800
2019 $2,216 $105,400 $28,600 $76,800
2018 $2,166 $102,800 $28,600 $74,200
2017 $2,148 $101,700 $28,600 $73,100
2016 $2,080 $100,200 $28,600 $71,600
2014 $2,045 $98,200 $28,600 $69,600
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 202116967

Indiana Regional MLS

APN: 53-08-09-200-030.000-009