NOT LISTED FOR SALE

125 S Union St Bloomington, IN 47408

Green Acres Neighborhood

Estimated Value: $323,000 - $477,000

29 Beds
18 Baths
15,000 Sq Ft
$25/Sq Ft Est. Value

Last Sold November 30, 2016

Last sale price $2,600,000 $173 Per Sq Ft

Current estimated payment $2,365/month

Highlights

  • 8 Acre Lot
  • ENERGY STAR Certified Homes
  • Double Pane Windows
  • University Elementary School Rated A
  • Traditional Architecture
  • Energy-Efficient Appliances

About This Home

As of November 2016

9 properties:115, 125, 213 S Union, 723 E 10th,806 E 11th,2400 E 7th,305,315, 313 E 12th all sold as package. Various upgrades, properties in great location and good condition, rent roll on file, all currently rented.

Last Agent to Sell the Property

Jason Millican

Jason Millican Group Listed on: 11/29/2016

Last Buyer's Agent

Jason Millican

Jason Millican Group Listed on: 11/29/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $38,000

Year Built

  • Built in 1930

Lot Details

  • 8 Acre Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Spanish Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 15,000 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Laminate Countertops
  • Washer Hookup

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 29 Bedrooms

Partially Finished Basement

  • Block Basement Construction
  • Crawl Space

Parking

  • 18 Parking Spaces
  • Gravel Driveway

Eco-Friendly Details

  • Energy-Efficient Appliances
  • ENERGY STAR Certified Homes
  • ENERGY STAR Qualified Equipment for Heating

Location

  • Suburban Location

Schools

  • Rogers/Binford Elementary School
  • Tri-North Middle School
  • Bloomington North High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, heating
  • The owner pays for sewer, water
  • Assessor Parcel Number 53-05-34-420-006.000-005

Community Details

Overview

  • 9 Units

Pet Policy

  • Pet Restriction

Building Details

  • Insurance Expense $8,000
  • Maintenance Expense $6,000
  • Trash Expense $1,800
  • Water Sewer Expense $1,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$38,000

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1930
  • Age: 86
  • Architectural Style: Ranch, Spanish, Traditional
  • Bedrooms: 29
  • Number Above Grade Bedrooms: 29
  • Total Bathrooms: 18
  • Total Full Bathrooms: 16
  • Total Number of Half Bathrooms: 2
  • Legal Description: Various see deeds |
  • Parcel Number ID: 53-05-34-420-006.000-005
  • Platted: Yes
  • Amenities: Ceiling Fan, Cable Available, Countertops-Laminate, Water Heater Electric, Washer Hook-Up
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100
  • Annual Miscellaneous: 1000
  • Monthly Gross Income: 27000
  • Year Taxes Payable: 2015/2016
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 15000
  • Total Finished Sq Ft: 15000
  • Above Grade Finished Sq Ft: 15000
  • Price Per Sq Ft: 173.33
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Basement Material: Block
  • Flooring: Carpet, Laminate, Vinyl
  • Number Of Ranges Ovens: 9

Exterior Features

  • Exterior: Aluminum, Brick, Stone, Vinyl
  • Roof Material: Asphalt
  • Stories: 1

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 18
  • Parking: Gravel

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Water Company: Bloomington City Utility
  • Cable Company: Comcast
  • Hvac: Energy Star Heating
  • Annual Insurance Expense: 8000
  • Annual Maintenance Expense: 6000
  • Annual Trash Expense: 1800
  • Annual Water Sewer Expense: 1800
  • Number Of W D Hookups: 9

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 8 acres
  • Estimated Lot Sq Ft: 348480
  • Estimated Lot Size Acres: 8

Green Features

  • Energy Efficient: Appliances
  • Green Certifications: Energy Star
  • Energy Efficient Windows/Doors: Double Pane Windows

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Sewer, Water
  • Tenant Pays: Cable, Cooling, Electric, Heating

Multi Family

  • Gross Monthly Rent: 27000
  • Number Of Refrigerators: 9
  • Number Of Units: 9
  • Num Of2 Bedrooms: 2
  • Number Of 3 Bedrooms: 1
  • Number Of 4 Bedrooms: 4
  • Num Of Units Rented: 9

Tax Info

  • Annual Property Tax: 38000

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2016
Closed on
Nov 30, 2016
Sold by
J & B Leasing Llc
Bought by
Pollert Richard and Pollert Joetta
Seller's Agent
Jason Millican
Jason Millican Group
Buyer's Agent
Jason Millican
Jason Millican Group
List Price
$2,600,000
Sold Price
$2,600,000
Total Days on Market
0
Current Estimated Value
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,225,000
Avg. Annual Appreciation
-21.04%

Purchase Details

Closed on
Jan 29, 2015
Sold by
Leisz Jack R and Leisz Barbara J
Bought by
J & B Leasing Llc
Source: Public Records

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
Pollert Richard -- None Available
J & B Leasing Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner J & B Leasing Llc $55,000
Previous Owner Leisz Jack R $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2016 11/30/16 Sold $2,600,000 0.0% $173 / Sq Ft
11/29/2016 11/29/16 Pending -- -- --
11/29/2016 11/29/16 For Sale $2,600,000 -- $173 / 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 $3,125 $294,600 $99,500 $195,100
2022 $5,574 $274,700 $99,500 $175,200
2021 $5,509 $265,200 $78,300 $186,900
2020 $5,202 $252,100 $74,100 $178,000
2019 $5,240 $249,200 $55,000 $194,200
2018 $5,374 $255,000 $58,900 $196,100
2017 $5,151 $243,900 $54,300 $189,600
2016 $2,770 $133,300 $54,300 $79,000
2014 $2,599 $124,600 $54,300 $70,300
2013 $2,599 $134,400 $54,300 $80,100
Source: Public Records

Agents Affiliated with this Home

  • Jason Millican

    Seller's Agent in 2016

    Jason Millican

    Jason Millican Group

    (317) 372-9999

    121 Total Sales

    Jason Millican
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Map

Source: Indiana Regional MLS

MLS Number: 201653607

Indiana Regional MLS

APN: 53-05-34-420-006.000-005

Indiana Monroe County Bloomington 47408 Green Acres

125 S Union St, Bloomington, IN

This home is located at 125 S Union St, Bloomington, IN 47408 since 29 November 2016 and is currently estimated at $375,000, approximately $25 per square foot. This property was built in 1930. 125 S Union St is a home located in Monroe County with nearby schools including University Elementary School, Tri-North Middle School, and Bloomington High School North.

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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