NOT LISTED FOR SALE

Estimated Value: $344,000 - $383,000

3 Beds
2 Baths
1,620 Sq Ft
$225/Sq Ft Est. Value

Last Sold October 12, 2021

Last sale price $300,000 $185 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,173/month

75 Days on Market

Highlights

  • Covered patio or porch
  • Eat-In Kitchen
  • Walk-In Closet
  • University Elementary School Rated A
  • Covered Deck
  • Forced Air Heating and Cooling System

About This Home

As of October 2021

Hard to find newer build in the heart of campus! Property shows well and feels like a home. Currently leased until July 31st, 2022 for $1650/mo. Main level bedroom with walk in closet, full bath alongside and laundry area. Large living room, eat in kitchen. Upstairs are 2 additional bedrooms and a full bath. Lots of closets. Large covered deck and side deck off kitchen. Off street parking area. Each bedroom is $550. Tenants are responsible for Electric, Water, Sewer, Cable, Telephone, Internet, Trash. Landlord takes care of yard maintenance and snow removal.

Last Listed By

Amanda Richardson

FC Tucker/Bloomington REALTORS Listed on: 06/10/2021

FC Tucker/Bloomington REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,150

Year Built

  • Built in 2010

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1,620 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring
  • Crawl Space
  • Laundry in Bathroom

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 3 Parking Spaces
  • Driveway

Outdoor Features

  • Covered Deck
  • Covered patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, electric, trash collection, water
  • The owner pays for lawn maintenance, maintenance, tax
  • Assessor Parcel Number 53-05-34-415-001.000-005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,150

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 2010
  • Age: 11
  • Style: Two Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Highland Homes Blk U Lot 30 and 31
  • Parcel Number ID: 53-05-34-415-001.000-005
  • Platted: Yes
  • Amenities: Cable Available, Closet(s) Walk-in, Countertops-Laminate, Deck Covered, Eat-In Kitchen, Porch Covered
  • Grid: Northeast Bloomington Cit-2000
  • Inside City Limits: Yes
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 92.31
  • Monthly Gross Income: 1650
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1620
  • Total Finished Sq Ft: 1620
  • Above Grade Finished Sq Ft: 1620
  • Price Per Sq Ft: 185.19
  • Basement Foundation: Crawl
  • Flooring: Vinyl
  • Number Of Disposals: 1
  • Number Of Microwaves: 1
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 3

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Of W D Hookups: 1

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: irr
  • Estimated Lot Sq Ft: 6098
  • Estimated Lot Size Acres: 0.14

Rental Info

  • Owner Pays: Lawn Maintenance, Maintenance, Tax
  • Tenant Pays: Cable, Electric, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 1650
  • Number Of Dishwashers: 1
  • Number Of Dryers: 1
  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 3
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 5150.5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2021
Closed on
Oct 5, 2021
Sold by
Shasta Holdings Llc
Bought by
Managuli Ravi and Managuli Anitha
Seller's Agent
Amanda Richardson
FC Tucker/Bloomington REALTORS
Buyer's Agent
Tim Ballard
Aligned Property Group
List Price
$349,900
Sold Price
$300,000
Premium/Discount to List
-$49,900
-14.26%
Total Days on Market
75
Current Estimated Value
$364,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,942
Avg. Annual Appreciation
5.58%
Original Mortgage
$225,000
Outstanding Balance
$207,392
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$157,550

Purchase Details

Listed on
Feb 22, 2019
Closed on
Apr 4, 2019
Sold by
Downs Thomas Michael and Downs Shannon Kay
Bought by
Shasta Holdings Llc
Seller's Agent
Trish Sterling
Sterling Real Estate
Buyer's Agent
Amanda Richardson
FC Tucker/Bloomington REALTORS
List Price
$250,000
Sold Price
$225,000
Premium/Discount to List
-$25,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.80%
Interest Rate
4.31%

Purchase Details

Listed on
Feb 22, 2019
Closed on
Mar 15, 2019
Sold by
Member
Bought by
Michael Downs Thomas
Seller's Agent
Trish Sterling
Sterling Real Estate
Buyer's Agent
Amanda Richardson
FC Tucker/Bloomington REALTORS
List Price
$250,000
Sold Price
$225,000
Premium/Discount to List
-$25,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.31%

Purchase Details

Listed on
Feb 22, 2019
Closed on
Mar 14, 2019
Sold by
Shebang Llc
Bought by
Downs Thomas Michael and Downs Shannon Kay
Seller's Agent
Trish Sterling
Sterling Real Estate
Buyer's Agent
Amanda Richardson
FC Tucker/Bloomington REALTORS
List Price
$250,000
Sold Price
$225,000
Premium/Discount to List
-$25,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.31%

Purchase Details

Closed on
Feb 26, 2009
Sold by
Laughlin Timothy R
Bought by
Shebang Llc

Purchase Details

Closed on
May 11, 2007
Sold by
Wilson Warren Grant
Bought by
Laughlin Timothy R

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
Managuli Ravi $300,000 None Available
Shasta Holdings Llc -- None Available
Michael Downs Thomas $225,000 --
Downs Thomas Michael -- None Available
Shebang Llc -- None Available
Laughlin Timothy R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Managuli Ravi $225,000
Previous Owner Michael Downs Thomas --
Previous Owner Shebang Llc $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2021 10/12/21 Sold $300,000 -7.7% $185 / Sq Ft
06/19/2021 06/19/21 Price Changed $325,000 -7.1% $201 / Sq Ft
06/10/2021 06/10/21 For Sale $349,900 +55.5% $216 / Sq Ft
03/15/2019 03/15/19 Sold $225,000 -10.0% $139 / Sq Ft
02/22/2019 02/22/19 For Sale $250,000 -- $154 / 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 $1,685 $320,300 $81,800 $238,500
2022 $3,240 $298,400 $81,800 $216,600
2021 $5,410 $260,400 $64,400 $196,000
2020 $5,151 $249,600 $60,900 $188,700
2019 $4,359 $207,300 $45,200 $162,100
2018 $3,844 $182,400 $23,300 $159,100
2017 $3,711 $175,700 $21,500 $154,200
2016 $3,483 $167,600 $21,500 $146,100
2014 $3,229 $154,800 $21,500 $133,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202121626

Indiana Regional MLS

APN: 53-05-34-415-001.000-005