NOT LISTED FOR SALE

1301 E Chambers Pike Bloomington, IN 47408

Estimated Value: $342,000 - $788,783

3 Beds
3 Baths
1,800 Sq Ft
$361/Sq Ft Est. Value

Last Sold May 10, 2021

Last sale price $700,000 $389 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,156/month

369 Days on Market

Highlights

  • 47.85 Acre Lot
  • Marlin Elementary School Rated A
  • 2 Car Attached Garage

About This Home

As of May 2021

Fantastic turn key, equestrian business & facility. Breeding and boarding equestrian facility generating over 50k/year profit with much more potential for even more revenue! This awesome property has a 3 bed 3 bath house with a full walkout basement! There is an impressive 180x84’ barn with 38 horse stalls, an indoor arena, 30+/- acres of pasture for them to roam with a functional hot fence, AND 3 additional large outbuildings for whatever else you may need. Additionally, the property features a small pond and about 16 acres of woods for all your fishing, hiking, or hunting desires! With all these features you could raise an impressive herd, show at 4H, or just simply enjoy the peace and quiet while raising whatever herd size you desire.

Last Agent to Sell the Property

Nick George

Whitetail Properties Listed on: 02/21/2020

Last Buyer's Agent

Kristen Schwark

Ebeyer Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,824

Year Built

  • Built in 2007

Lot Details

  • 47.85

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property
  • Attic Access Panel
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • 47.85 Acre Lot
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 530214100003000017

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,824

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 2007
  • Garage Y N: Yes
  • Lot Size Acres: 47.85
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: SeeRemarks
  • Property Description: Fantastic turn key, equestrian business & facility. Breeding and boarding equestrian facility generating over 50k/year profit with much more potential for even more revenue! This awesome property has a 3 bed 3 bath house with a full walkout basement! There is an impressive 180x84’ barn with 38 horse stalls, an indoor arena, 30+/- acres of pasture for them to roam with a functional hot fence, AND 3 additional large outbuildings for whatever else you may need. Additionally, the property features a small pond and about 16 acres of woods for all your fishing, hiking, or hunting desires! With all these features you could raise an impressive herd, show at 4H, or just simply enjoy the peace and quiet while raising whatever herd size you desire.
  • Transaction Type: Sale
  • Lifestyles: Other/See Remarks
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished
  • Appliances: Other
  • Levels: Two
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access
  • Living Area: 1800
  • Other Equipment: Not Applicable
  • Room Count: 2
  • Eating Area: Other Eating Area
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1800
  • Main Level Sq Ft: 1800
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1800
  • Below Grade Sq Ft: 0

Exterior Features

  • Construction Materials: Other
  • Disclosures: Not Applicable
  • Foundation Details: See Remarks
  • List Price: 749999
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Other/See Remarks
  • Garage Parking Description: Attached

Utilities

  • Sewer: Septic Tank
  • Cooling: Other
  • Heating: See Remarks
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Other

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 530214100003000017
  • Acres: >20 Acres
  • Lot Number: n/a
  • Lot Size: 338,026

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 5824
  • Semi Annual Property Tax Amt: 2912
  • Tax Exemption: None

MLS Schools

  • School District: Monroe County Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2020
Closed on
Apr 30, 2021
Sold by
Musgrave Robert L and Musgrave Janet Sue
Bought by
Renschler Jason and Renschler Janelle
Seller's Agent
Nick George
Whitetail Properties
Buyer's Agent
Kristen Schwark
Ebeyer Realty, LLC
List Price
$799,000
Sold Price
$700,000
Premium/Discount to List
-$99,000
-12.39%
Current Estimated Value
$670,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,993
Avg. Annual Appreciation
-0.12%
Original Mortgage
$595,000
Outstanding Balance
$525,221
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$171,299

Purchase Details

Closed on
May 27, 2020
Sold by
Musgrave Robert L and Musgrave Janet Sue
Bought by
Musgrave Robert L and Musgrave Janet Sue
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
Renschler Jason -- None Available
Musgrave Robert L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Renschler Jason $595,000
Previous Owner Musgrave Robert L $362,780
Previous Owner Musgrave Robert L $75,200
Previous Owner Musgrave Robert L $373,000
Previous Owner Musgrave Robert L $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2021 05/10/21 Sold $700,000 0.0% $389 / Sq Ft
02/25/2021 02/25/21 Pending -- -- --
02/16/2021 02/16/21 Off Market $700,000 -- --
10/24/2020 10/24/20 Price Changed $749,999 -6.1% $417 / Sq Ft
02/21/2020 02/21/20 For Sale $799,000 -- $444 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $5,843 $622,000 $91,600 $530,400
2023 $3,608 $632,100 $86,300 $545,800
2022 $6,836 $601,600 $70,800 $530,800
2021 $5,669 $501,000 $47,900 $453,100
2020 $5,990 $520,100 $47,700 $472,400
2019 $4,851 $445,100 $51,600 $393,500
2018 $5,039 $448,800 $52,300 $396,500
2017 $5,205 $454,900 $50,600 $404,300
2016 $6,138 $459,400 $52,100 $407,300
2014 $4,129 $462,900 $46,500 $416,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21696345

MIBOR Broker Listing Cooperative®

APN: 53-02-11-400-003.000-017