NOT LISTED FOR SALE

1323 N Washington St Bloomington, IN 47408

Estimated Value: $407,000 - $3,450,014

30 Beds
18 Baths
9,936 Sq Ft
$132/Sq Ft Est. Value

Last Sold June 28, 2016

Last sale price $1,650,000 $166 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $8,503/month

817 Days on Market

Highlights

  • Balcony
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • University Elementary School Rated A
  • Ceramic Tile Flooring
  • 4-minute walk to Miller-Showers Park

About This Home

As of June 2016

This listing is a PRIME location and a SOLID investment. 6 units total each including 5 bedroom, 3 full baths, living room, kitchen, study, and 4 car garages some which have been converted to a rec room. All appliances including washer and dryer also included in each unit. Site includes off street parking as well. Blocks from Indiana Memorial stadium and IU and City public transportation. Each unit rents for $2,400/mo. Great rental history. Occupancy permit for 5. This listing includes 2 separate parcels

Last Agent to Sell the Property

John Seeber

Millican Realty Listed on: 01/29/2014

Last Buyer's Agent

Jason Millican

Jason Millican Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,158

Year Built

  • Built in 2002

Lot Details

  • 0.6 Acre Lot
  • Irregular Lot

Home Design

  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Fire and Smoke Detector
  • Eat-In Kitchen
  • Basement

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 30 Bedrooms
  • 18 Full Bathrooms

Parking

  • 4 Car Garage
  • Basement Garage
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Balcony

Schools

  • Arlington Heights Elementary School
  • Tri-North Middle School
  • Bloomington North High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electric, sewer, water
  • The owner pays for building insurance, lawn maintenance, maintenance, snow removal, tax, trash collection
  • Assessor Parcel Number 53-05-28-300-069.000-005

Community Details

Overview

  • 6 Units

Building Details

  • 6 Separate Electric Meters
  • 1 Separate Water Meter
  • Insurance Expense $4,402
  • Trash Expense $1,323

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,158

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Sixplex
  • Year Built: 2002
  • Age: 14
  • Style: Two Story
  • Bedrooms: 30
  • Number Above Grade Bedrooms: 30
  • Total Bathrooms: 18
  • Total Full Bathrooms: 18
  • Legal Description: 0130651001 Miller Courts Lot 23 0130367001 Miller Courts Lot 24 |
  • Parcel Number ID: 53-05-28-300-069.000-005
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Off Street Parking, Balcony, Deck Open, Detector-Smoke, Eat-In Kitchen, Water Heater Electric
  • Cross Street: 20th
  • Location: Near College Campus
  • Parcel Id2: 530528300117000005
  • Sp Lp Percent: 94.29
  • Monthly Gross Income: 14400
  • Year Taxes Payable: 2014
  • Special Features: None

Interior Features

  • Total Sq Ft: 9936
  • Total Finished Sq Ft: 9936
  • Above Grade Finished Sq Ft: 9936
  • Price Per Sq Ft: 166.06
  • Basement: Yes
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Ceramic Tile
  • Main Level Sq Ft: 868
  • Number Of Disposals: 6
  • Number Of Microwaves: 6
  • Number Of Ranges Ovens: 6

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 24
  • Parking: Garage, Lot, Off Street, Paved, Private

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electricity, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Hvac: Ceiling Fan
  • Annual Insurance Expense: 4402
  • Annual Trash Expense: 1323
  • Number Electric Meters: 6
  • Number Of W D Hookups: 6
  • Number Water Meters: 1

Schools

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

Lot Info

  • Lot Description: Irregular
  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 26136
  • Estimated Lot Size Acres: 0.6

Rental Info

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

Multi Family

  • Gross Monthly Rent: 2400
  • Number Of Dishwashers: 6
  • Number Of Dryers: 6
  • Number Of Refrigerators: 6
  • Number Of Units: 6
  • Number Of Washers: 6
  • Num Of Units Rented: 6

Tax Info

  • Annual Property Tax: 19158.06

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

Closed on
Mar 24, 2025
Sold by
Banks Jonathan
Bought by
727Centre Llc
Current Estimated Value
$1,311,754

Purchase Details

Listed on
Jan 29, 2014
Closed on
Jun 24, 2016
Sold by
Seeber John and Seeber Thomas M
Bought by
Banks Jonathan A and Shulman Ken W
Seller's Agent
John Seeber
Millican Realty
Buyer's Agent
Jason Millican
Jason Millican Group
List Price
$1,728,000
Sold Price
$1,650,000
Premium/Discount to List
-$78,000
-4.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.00%
Original Mortgage
$904,120
Interest Rate
3.58%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jan 29, 2014
Closed on
May 18, 2016
Sold by
Seeber Thomas M
Bought by
Seeber John and Seeber Thomas M
Seller's Agent
John Seeber
Millican Realty
Buyer's Agent
Jason Millican
Jason Millican Group
List Price
$1,728,000
Sold Price
$1,650,000
Premium/Discount to List
-$78,000
-4.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$904,120
Interest Rate
3.58%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 18, 2014
Sold by
Seeber Thomas M
Bought by
Reese And Gigi 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
727Centre Llc -- Slotegraaf Niehoff, P. C.
Banks Jonathan A -- None Available
Seeber John -- None Available
Reese And Gigi Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Banks Jonathan A $904,120
Previous Owner Seeber Thomas M $526,000
Previous Owner Seeber Thomas M $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2016 06/28/16 Sold $1,650,000 -4.5% $166 / Sq Ft
04/25/2016 04/25/16 Pending -- -- --
01/29/2014 01/29/14 For Sale $1,728,000 -- $174 / 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 $16,268 $792,900 $119,000 $673,900
2023 $8,021 $756,200 $114,400 $641,800
2022 $14,317 $705,600 $114,400 $591,200
2021 $14,243 $685,600 $69,200 $616,400
2020 $13,658 $661,900 $69,200 $592,700
2019 $14,067 $669,000 $69,200 $599,800
2018 $13,854 $657,400 $66,400 $591,000
2017 $14,649 $693,600 $53,200 $640,400
2016 $10,443 $502,500 $53,200 $449,300
2014 $10,026 $480,700 $53,200 $427,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    John Seeber

    Millican Realty

    (812) 333-0550

    John Seeber
    Section Image
  • Jason Millican

    Buyer's Agent in 2016

    Jason Millican

    Jason Millican Group

    (317) 372-9999

    117 Total Sales

    Jason Millican
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201402155

Indiana Regional MLS

APN: 53-05-28-300-069.000-005

Indiana Monroe County Bloomington 47408

1323 N Washington St, Bloomington, IN

This home is located at 1323 N Washington St, Bloomington, IN 47408 since 29 January 2014 and is currently estimated at $1,311,754, approximately $132 per square foot. This property was built in 2002. 1323 N Washington 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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