$999,900
SOLD MAR 31, 2025
8 Beds
4 Baths
3,000 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$333 Per Sq Ft

152 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • Binford Elementary School Rated A
  • Bar
  • Level Lot

About This Home

As of March 2025

This income-producing duplex is located near Indiana University and offers steady rental income. Due to it's great location, the property is fully leased through July 2026! Each of the two units features 4 bedrooms, 2 bathrooms, and off-street parking. The current monthly rent is $7,575. In August 2025, the monthly rent increases to $8,100. This investment opportunity presents a promising return due to its prime location and strong tenant demand! Don't miss your opportunity to score this amazing property!

Last Agent to Sell the Property

Jeff Brawley

Brawley Real Estate Brokerage Phone: 812-336-6888 Listed on: 09/06/2024

Last Buyer's Agent

Lorraine Fowler

RE/MAX Acclaimed Properties

RE/MAX Acclaimed Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,278

Year Built

  • Built in 1899

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot
  • Historic Home

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Bar

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Schools

  • Rogers/Binford Elementary School
  • Jackson Creek Middle School
  • Bloomington South High School

Additional Features

  • Covered Patio or Porch
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electric, heating, sewer, trash collection, water
  • The owner pays for building insurance, lawn maintenance, tax
  • Assessor Parcel Number 53-08-03-207-009.000-009

Community Details

Overview

  • 2 Units
  • Northeast Bloomington City Subdivision

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • Insurance Expense $5,186
  • Maintenance Expense $4,022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,278

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1899
  • Style: Two Story
  • Bedrooms: 8
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: WILLIAMS LOT 12
  • Parcel Number ID: 53-08-03-207-009.000-009
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Bar, Porch Covered
  • Special Features: None

Interior Features

  • Total Sq Ft: 4440
  • Total Finished Sq Ft: 3000
  • Above Grade Finished Sq Ft: 3000
  • Below Grade Sq Ft: 1440
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block
  • Flooring: Laminate, Wood
  • Total Below Grade Sq Ft: 1440
  • Number Of Disposals: 2
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Brick
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 5186
  • Annual Maintenance Expense: 4021.68
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • Elementary School: Rogers/Binford

Lot Info

  • Lot Description: Level, Historic Designation
  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 8276
  • Estimated Lot Size Acres: 0.19
  • Lot Number: 12
  • Expiration Of Permit: 11/01/2025

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance, Tax
  • Tenant Pays: Electric, Heating, Sewer, Trash Collection, Water

Tax Info

  • Annual Property Tax: 17278

Multi Family

  • Number Of Dishwashers: 2
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Number Of 4 Bedrooms: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2024
Closed on
Mar 26, 2025
Sold by
Bmi Properties Llc
Bought by
Huang Yuquan
Seller's Agent
Jeff Brawley
Brawley Real Estate
Buyer's Agent
Lorraine Fowler
RE/MAX Acclaimed Properties
List Price
$999,900
Sold Price
$999,900
Views
91

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-28.14%

Purchase Details

Listed on
Jan 14, 2013
Closed on
Apr 25, 2013
Sold by
Schumm Steven and Schumm Cherie
Bought by
Lost Shoe Investments Llc
Seller's Agent
Lori Todd
Choice Realty & Management
Buyer's Agent
Tom White
White & Co Real Estate
List Price
$565,000
Sold Price
$525,000
Premium/Discount to List
-$40,000
-7.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.54%
Original Mortgage
$372,000
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 2012
Sold by
Schumm Steven
Bought by
Schumm Steven and Schumm Cherie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2011
Sold by
Dave And Grant Properties Llc
Bought by
Schumm Steve

Purchase Details

Closed on
Feb 26, 2008
Sold by
Trustees Of Indiana University
Bought by
Dave And Grant 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
$500,000
Interest Rate
5.75%
Mortgage Type
Future Advance Clause Open End Mortgage
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 Type Sale Price Title Company
Deed $999,900 John Bethel Title Company
Warranty Deed -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed -- Nations Title Agency Inc
Special Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $372,000 Purchase Money Mortgage
Previous Owner $185,000 New Conventional
Previous Owner $500,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2025 09/27/25 For Rent $4,050 0.0% --
03/31/2025 03/31/25 Sold $999,900 0.0% $333 / Sq Ft
02/05/2025 02/05/25 For Sale $999,900 0.0% $333 / Sq Ft
02/05/2025 02/05/25 Pending -- -- --
10/30/2024 10/30/24 Price Changed $999,900 -16.0% $333 / Sq Ft
09/23/2024 09/23/24 Price Changed $1,189,900 -2.9% $397 / Sq Ft
09/06/2024 09/06/24 For Sale $1,225,000 0.0% $408 / Sq Ft
11/01/2014 11/01/14 Rented $2,700 -10.0% --
11/01/2014 11/01/14 Under Contract -- -- --
06/19/2014 06/19/14 For Rent $3,000 0.0% --
04/26/2013 04/26/13 Sold $525,000 -7.1% $175 / Sq Ft View Prior Sale
01/23/2013 01/23/13 Pending -- -- --
01/14/2013 01/14/13 For Sale $565,000 -- $188 / 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 $15,524 $758,300 $148,700 $609,600
2023 $7,854 $742,300 $147,200 $595,100
2022 $13,582 $670,800 $129,200 $541,600
2021 $11,838 $571,100 $118,700 $452,400
2020 $10,940 $529,300 $114,600 $414,700
2019 $11,790 $560,700 $72,900 $487,800
2018 $11,336 $537,900 $75,100 $462,800
2017 $11,103 $525,700 $75,100 $450,600
2016 $10,602 $510,800 $75,100 $435,700
2014 $10,034 $481,900 $75,100 $406,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202434444

Indiana Regional MLS

APN: 53-08-03-207-009.000-009