NOT LISTED FOR SALE

1207 W 2nd St Bloomington, IN 47403

Estimated Value: $703,000

1.78 Acres
$394,944 Price per Acre
77,537 Sq Ft Lot

Last Sold February 16, 2018

Last sale price $305,000

Est. 130% increase in value since last sale

Current estimated payment $4,262/month

6 Days on Market

About This Lot

As of February 2018

Located just minutes from Bloomington's Westside and Downtown Bloomington. Total of 1.78 Acres available zoned Commercial Arterial. See attached survey.

Last Agent to Sell the Property

James Regester

RE/MAX Realty Professionals Listed on: 02/07/2018

RE/MAX Realty Professionals

Last Buyer's Agent

Andy Walker

RE/MAX Acclaimed Properties

RE/MAX Acclaimed Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,119

Year Built

  • 1936

Lot Details

  • 1.78 Acre Lot
  • Finished Lot(s)
  • The community has rules related to zoning restrictions
  • Zoning described as commercial arterial

Parking

  • Off-Street Parking

Location

  • City Lot

Schools

  • Templeton Elementary School
  • Batchelor Middle School
  • Bloomington South High School

Listing and Financial Details

  • Assessor Parcel Number 53-08-05-200-034.000-009

Property Details

Property Type

Land

Est. Annual Taxes

$6,119

Year Built

1936

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Commercial Land
  • Legal Description: 015-29250-01 Pt Seminary Lot 154 |
  • Parcel Number ID: 53-08-05-200-034.000-009
  • Platted: Yes
  • Cross Street: Patterson Drive
  • Grid: Southwest Bloomington Cit-4000
  • Inside City Limits: Yes
  • Location: City
  • Road Access: City
  • Road Surface: Paved
  • Sp Lp Percent: 87.39
  • Zoning Description: commercial arterial
  • Parcel Description: Corner, Irregular, 0-2.9999
  • Restrictions: Zoning Restrictions
  • Type of Sale: Traditional
  • Options: Sell Entirely
  • Side Of Road: South
  • Type Use: Commercial
  • Year Taxes Payable: 2015
  • Special Features: None
  • Year Built: 1936

Exterior Features

  • Road Frontage: City

Garage/Parking

  • Parking: Off Street

Utilities

  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Water Company: Bloomington City Utility
  • Electricity Type: Available
  • Fuel Type: Electric
  • Sewer Type: Public

Schools

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

Lot Info

  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 77537
  • Estimated Lot Size Acres: 1.78

Tax Info

  • Annual Taxes: 6119.28

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2020
Sold by
Dcnk Properties Llc
Bought by
Dcnk Properties Llc
Total Days on Market
6
Current Estimated Value
$703,000

Purchase Details

Closed on
Mar 6, 2020
Sold by
Omega Visions Llc
Bought by
Dcnk Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
3.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Feb 7, 2018
Closed on
Feb 14, 2018
Sold by
Ackerman Steven L and Lynch Kim Douglas
Bought by
Omega Visions Llc
Seller's Agent
James Regester
RE/MAX Realty Professionals
Buyer's Agent
Andy Walker
RE/MAX Acclaimed Properties
List Price
$349,000
Sold Price
$305,000
Premium/Discount to List
-$44,000
-12.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.07%
Original Mortgage
$408,000
Interest Rate
3.95%
Mortgage Type
Construction

Purchase Details

Listed on
Feb 7, 2018
Closed on
Feb 8, 2018
Sold by
Ackerman Steven L
Bought by
Mary Friedman
Seller's Agent
James Regester
RE/MAX Realty Professionals
Buyer's Agent
Andy Walker
RE/MAX Acclaimed Properties
List Price
$349,000
Sold Price
$305,000
Premium/Discount to List
-$44,000
-12.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
3.95%
Mortgage Type
Construction
Source: Public Records

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    • 2.14 Acres
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    James Regester RE/MAX Realty Professionals

    Section Image
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Range of Values:

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Average Value
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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
Dcnk Properties Llc -- None Available
Nase Properties Llc -- None Available
Dcnk Properties Llc $990,000 Title Plus
Omega Visions Llc -- None Available
Mary Friedman $305,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dcnk Properties Llc $960,000
Previous Owner Omega Visions Llc $408,000
Previous Owner Omega Visions Llc $225,000
Previous Owner Lynch Kim Douglas $114,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2018 02/16/18 Sold $305,000 -12.6% --
02/13/2018 02/13/18 Pending -- -- --
02/07/2018 02/07/18 For Sale $349,000 -- --
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 $4,015 $379,500 $379,500 $0
2022 $7,684 $379,500 $379,500 $0
2021 $7,866 $379,500 $379,500 $0
2020 $5,519 $267,000 $267,000 $0
2019 $5,654 $267,700 $267,000 $700
2018 $5,685 $267,700 $267,000 $700
2017 $5,681 $267,700 $267,000 $700
2016 $5,556 $267,700 $267,000 $700
2014 $6,119 $293,900 $267,000 $26,900
Source: Public Records

Agents Affiliated with this Home

  • James Regester

    Seller's Agent in 2018

    James Regester

    RE/MAX

    (812) 323-1231

    128 Total Sales

    James Regester
    Section Image
  • Andy Walker

    Buyer's Agent in 2018

    Andy Walker

    RE/MAX

    (812) 325-1290

    228 Total Sales

    Andy Walker
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201804548

Indiana Regional MLS

APN: 53-08-05-200-034.000-009

Indiana Monroe County Bloomington 47403

1207 W 2nd St, Bloomington, IN

This home is located at 1207 W 2nd St, Bloomington, IN 47403 since 07 February 2018 and is currently estimated at $703,000. This property was built in 1936. 1207 W 2nd St is a home located in Monroe County with nearby schools including Templeton Elementary School, Jackson Creek Middle School, and Bloomington High School South.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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