NOT LISTED FOR SALE

1120 N Lincoln St Bloomington, IN 47408

Estimated Value: $254,000 - $310,000

3 Beds
2 Baths
1,250 Sq Ft
$229/Sq Ft Est. Value

Last Sold October 12, 2012

Last sale price $141,000 $113 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $1,966/month

64 Days on Market

Highlights

  • Ranch Style House
  • University Elementary School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of October 2012

REMODELED 3 BR, 2 BA residential investment home that has been completely remodeled by previous owner with a new kitchen, 2 full baths, additional 3rd bedroom & all windows & doors. Additional improvements by new owner include: Replaced and reinforced the foundation, New Refrigerator, New Washer and Dryer, New Carpet down stairs, New storm door down stairs, New storm drain down stairs, Fixed the top bathroom had a major leak now does not. Excellent location short distance to IU campus, stadium & downtown Bloomington! Hardwood floors, nice front porch & yard for students to enjoy! Lower level has its own outside access from the back. Appl.+W&D! Currently leased for $1500/month (utilities not included) from August 2012 to August 2013. Permit for 3 which expires in 2013. Near bus line! Items excluded from sale: Tenant's possessions.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,924

Year Built

  • Built in 1899

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 66x50
  • Zoning described as RC-Residential Core

Home Design

  • Ranch Style House
  • Stone Exterior Construction

Interior Spaces

  • Block Basement Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 530533201001000005

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,924

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1899
  • Age: 113
  • Architectural Style: Ranch
  • Total Number of Rooms: 5
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Legal Description: Northview Pt Lot 1
  • Parcel Number ID: 530533201001000005
  • Platted: Yes
  • Location: Near College Campus
  • Zoning Description: RC-Residential Core
  • Special Features: None

Interior Features

  • Total Sq Ft: 1700
  • Total Finished Sq Ft: 1250
  • Above Grade Finished Sq Ft: 850
  • Below Grade Finished Sq Ft: 400
  • Below Grade Sq Ft: 450
  • Price Per Sq Ft: 165.88
  • Basement Material: Block
  • Living Great Room: Dimensions: 11x18, On Level: Main
  • Kitchen: Dimensions: 12x13, On Level: Main
  • Bedroom 2: Dimensions: 10x21, On Level: Lower
  • Bedroom 3: Dimensions: 9x11, On Level: Main
  • Bedroom 4: Dimensions: 10x11, On Level: Main
  • Main Level Sq Ft: 1250
  • Total Below Grade Sq Ft: 850

Exterior Features

  • Exterior: Stone

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Laundry: Dimensions: 12xLower, On Level: 15

Schools

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

Lot Info

  • Lot Dimensions: 66x50
  • Estimated Lot Size Acres: 0.12

Tax Info

  • Annual Taxes: 1923.98

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2012
Closed on
Oct 10, 2012
Sold by
1120 N Lincoln Llc
Bought by
B & L Rentals Llc
List Price
$149,900
Sold Price
$141,000
Premium/Discount to List
-$8,900
-5.94%
Current Estimated Value
$286,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,838
Avg. Annual Appreciation
5.67%
Original Mortgage
$105,750
Outstanding Balance
$20,727
Interest Rate
3.87%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$265,415

Purchase Details

Closed on
Jun 30, 2008
Sold by
Lewis Elliot R
Bought by
1120 N Lincoln Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,150
Interest Rate
6.05%
Mortgage Type
Unknown
Source: Public Records

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
B & L Rentals Llc -- None Available
1120 N Lincoln Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open B & L Rentals Llc $105,750
Previous Owner B And L Rentals Llc $105,750
Previous Owner 1120 N Lincoln Llc $15,000
Previous Owner 1120 N Lincoln Llc $118,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2012 10/12/12 Sold $141,000 -5.9% $113 / Sq Ft
09/07/2012 09/07/12 Pending -- -- --
07/05/2012 07/05/12 For Sale $149,900 -- $120 / 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 $4,579 $223,200 $63,800 $159,400
2023 $2,386 $224,900 $61,400 $163,500
2022 $4,224 $208,200 $61,400 $146,800
2021 $3,604 $173,500 $40,900 $132,600
2020 $3,427 $166,100 $36,800 $129,300
2019 $3,425 $162,900 $36,800 $126,100
2018 $3,366 $159,700 $36,800 $122,900
2017 $3,172 $150,200 $29,400 $120,800
2016 $3,018 $145,200 $29,400 $115,800
2014 $2,893 $138,700 $29,400 $109,300
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 446271

Indiana Regional MLS

APN: 53-05-33-201-001.000-005