$100,000
SOLD MAR 14, 2018

1306 S Walnut St Bloomington, IN 47401

2 Beds
2 Baths
1,114 Sq Ft
3,572 Sq Ft Lot

Recently Sold

$90 Per Sq Ft

17% Below List Price

214 Days on Market

Highlights

  • Wood Flooring
  • Jackson Creek Middle School Rated A
  • 1-Story Property

About This Home

As of October 2019

Located just South of downtown, this duplex is currently rented for $500.00 per month for each side. New roof in 2016, and a new water heater in 2013. The tenants pay the electric. There is a shared boiler for heat located in the full basement, along with two washer/drier hookups. 1320, and 1316/1316 1/2 S Walnut Street are also for sale.

Last Agent to Sell the Property

A.J. Bowlen

RE/MAX Acclaimed Properties Listed on: 08/11/2017

RE/MAX Acclaimed Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,267

Year Built

  • Built in 1925

Lot Details

  • 3,572 Sq Ft Lot
  • Lot Dimensions are 42 x 85

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for fuel, tax, water
  • Assessor Parcel Number 53-08-04-311-028.000-009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,267

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1925
  • Age: 93
  • Style: One Story
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 015-55760-00 Cazee Pt Lots 2(s 39') & 3(n 3'); Cont: Diamond Prop 1-27-03
  • Parcel Number ID: 53-08-04-311-028.000-009
  • Platted: Yes
  • Amenities: Basement
  • Sp Lp Percent: 83.4
  • Monthly Gross Income: 1000
  • Special Features: None

Interior Features

  • Total Sq Ft: 2228
  • Total Finished Sq Ft: 1114
  • Above Grade Finished Sq Ft: 1114
  • Below Grade Sq Ft: 1114
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Wood
  • Total Below Grade Sq Ft: 1114
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum, Brick
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Window
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Number Of W D Hookups: 2

Schools

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

Lot Info

  • Lot Dimensions: 42 X 85
  • Estimated Lot Sq Ft: 3572
  • Estimated Lot Size Acres: 0.082
  • Zoning: C General Commercial

Rental Info

  • Owner Pays: Fuel, Tax, Water
  • Tenant Pays: Electric

Multi Family

  • Gross Monthly Rent: 1000
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of Efficiencies: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 2266.56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2019
Closed on
Oct 11, 2019
Sold by
Patel Hetal V
Bought by
Joseph Dugan Brendan
Seller's Agent
Jeff Brawley
Brawley Real Estate
Buyer's Agent
Beth Freeman
White & Co Real Estate
List Price
$129,900
Sold Price
$117,786
Premium/Discount to List
-$12,114
-9.33%
Current Estimated Value
$213,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,925
Avg. Annual Appreciation
10.66%
Interest Rate
3.57%

Purchase Details

Listed on
Jun 21, 2019
Closed on
Oct 9, 2019
Sold by
Stallion Investments Llc
Bought by
Dugan Brendan Joseph
Seller's Agent
Jeff Brawley
Brawley Real Estate
Buyer's Agent
Beth Freeman
White & Co Real Estate
List Price
$129,900
Sold Price
$117,786
Premium/Discount to List
-$12,114
-9.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.57%

Purchase Details

Listed on
Aug 11, 2017
Closed on
Mar 7, 2018
Sold by
David K Hays Llc
Bought by
Hetal V Patel Llc
Seller's Agent
A.J. Bowlen
RE/MAX Acclaimed Properties
List Price
$119,900
Sold Price
$100,000
Premium/Discount to List
-$19,900
-16.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.84%

Purchase Details

Closed on
Dec 28, 2007
Sold by
Hays David K
Bought by
Wwhb Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$852,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2007
Sold by
Diamond Properties Llc
Bought by
Hays David K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 24, 2003
Sold by
Thomas Wayne Darrell and Thomas Jane L
Bought by
Diamond Properties Llc
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 Type Sale Price Title Company
Deed $117,800 --
Warranty Deed -- None Available
Deed $215,000 --
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed -- No Value Available
Open $176,430 FHA
Previous Owner $852,000 Purchase Money Mortgage
Previous Owner $76,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2019 10/15/19 Sold $117,786 -9.3% $106 / Sq Ft
06/21/2019 06/21/19 For Sale $129,900 +29.9% $117 / Sq Ft
03/14/2018 03/14/18 Sold $100,000 -16.6% $90 / Sq Ft
03/13/2018 03/13/18 Pending -- -- --
08/11/2017 08/11/17 For Sale $119,900 -- $108 / 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 $2,021 $167,100 $32,800 $134,300
2023 $1,452 $165,600 $32,800 $132,800
2022 $1,304 $151,800 $32,800 $119,000
2021 $1,067 $131,400 $22,600 $108,800
2020 $877 $117,300 $17,000 $100,300
2019 $856 $114,300 $14,000 $100,300
2018 $2,324 $110,300 $13,800 $96,500
2017 $2,306 $109,200 $13,800 $95,400
2016 $2,267 $109,200 $13,800 $95,400
2014 $2,336 $112,200 $13,800 $98,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201737312

Indiana Regional MLS

APN: 53-08-04-311-028.000-009