NOT LISTED FOR SALE

1398 E Rhorer Rd Bloomington, IN 47401

Estimated Value: $375,000 - $568,000

4 Beds
3 Baths
1,698 Sq Ft
$271/Sq Ft Est. Value

Last Sold December 18, 2024

Last sale price $496,900 $293 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $2,536/month

190 Days on Market

Highlights

  • 2 Car Detached Garage
  • In-Law or Guest Suite
  • 1-Story Property
  • Binford Elementary School Rated A
  • En-Suite Primary Bedroom
  • Central Air

About This Home

As of December 2024

Nestled on 1.25 acres of serene landscape, this picturesque property offers the best of rustic charm and modern comfort. The main house, a part log cabin, features cozy yet spacious living quarters with one bedroom and two full baths, perfect for intimate gatherings or peaceful retreats. Additionally, an auxiliary dwelling situated over the two-car garage provides ample space with three bedrooms and one bath, ideal for accommodating guests. With its versatile layout, this property is a prime candidate for a charming bed and breakfast venture, offering guests a unique and inviting experience amidst nature's tranquility. This property embodies the essence of rustic elegance and promises a lifestyle of relaxation and hospitality.

Last Agent to Sell the Property

Heather Bland

FC Tucker/Bloomington REALTORS Brokerage Email: heather.bland@homefinder.org Listed on: 05/13/2024

FC Tucker/Bloomington REALTORS

Last Buyer's Agent

Sally Baird

Sterling Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,010

Year Built

  • Built in 1973

Lot Details

  • 1.25 Acre Lot
  • Chain Link Fence
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Cabin
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Living Room with Fireplace
  • Crawl Space
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • In-Law or Guest Suite

Schools

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

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 53-08-21-100-011.000-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,010

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1973
  • Style: One Story
  • Architectural Style: Cabin/Cottage
  • Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: 014-27340-00 PT NE NE 21-8-1W 1.25A; Plat 215
  • Parcel Number ID: 53-08-21-100-011.000-008
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Guest Quarters, Main Floor Laundry
  • Investment Property: Yes
  • Parcel Id2: 014-27340-00
  • County Zoning: Unknown
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1698
  • Total Finished Sq Ft: 1698
  • Above Grade Finished Sq Ft: 1698
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Living Great Room: Dimensions: 21x17, On Level: Main
  • Kitchen: Dimensions: 22x11, On Level: Main
  • Extra Room: Cabin Sunroom/Den, Dimensions: 20x10, On Level: Main
  • Bedroom 1: Dimensions: 15x13, On Level: Main
  • Bedroom 2: Dimensions: 11x9, On Level: Upper
  • Bedroom 3: Dimensions: 10x9, On Level: Upper
  • Bedroom 4: Dimensions: 10x9, On Level: Upper
  • Main Level Sq Ft: 1156
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Wood
  • Outbuilding1: None
  • Fence: Chain Link

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 23x22
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Other Heating System
  • Sewer: City
  • Water Utilities: City

Schools

  • Elementary School: Rogers/Binford

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 54450
  • Estimated Lot Size Acres: 1.25

Tax Info

  • Annual Taxes: 3010.3

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
May 13, 2024
Closed on
Dec 18, 2024
Sold by
Bland Holdings Inc
Bought by
Ruegsegger Joshua
Seller's Agent
Heather Bland
FC Tucker/Bloomington REALTORS
Buyer's Agent
Sally Baird
Sterling Real Estate
List Price
$600,000
Sold Price
$496,900
Premium/Discount to List
-$103,100
-17.18%
Views
143
Current Estimated Value
$460,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,573
Avg. Annual Appreciation
-6.90%

Purchase Details

Closed on
Feb 21, 2024
Sold by
1398 Rhorer Rd Llc
Bought by
Bland Holdings Inc

Purchase Details

Listed on
Jul 20, 2022
Closed on
Aug 31, 2022
Sold by
Teddy Bear Real Estate Llc
Bought by
1398 Rhorer Rd Llc
Seller's Agent
Tracee Lutes
RE/MAX Acclaimed Properties
Buyer's Agent
Tracee Lutes
RE/MAX Acclaimed Properties
List Price
$250,000
Sold Price
$220,000
Premium/Discount to List
-$30,000
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.49%

Purchase Details

Closed on
Aug 19, 2006
Sold by
Rhorer Maxine
Bought by
Teddy Bear Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.78%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Ruegsegger Joshua $496,900 Capstone Title Partners
Bland Holdings Inc $250,000 Capstone Title Partners
1398 Rhorer Rd Llc $220,000 Capstone Title Partners
Teddy Bear Real Estate Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Teddy Bear Real Estate Llc $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/18/2024 12/18/24 Sold $496,900 -0.6% $293 / Sq Ft
08/06/2024 08/06/24 Price Changed $499,999 -5.7% $294 / Sq Ft
07/22/2024 07/22/24 Price Changed $530,000 -3.6% $312 / Sq Ft
07/01/2024 07/01/24 Price Changed $550,000 -1.8% $324 / Sq Ft
06/14/2024 06/14/24 Price Changed $560,000 -3.4% $330 / Sq Ft
05/29/2024 05/29/24 Price Changed $580,000 -3.3% $342 / Sq Ft
05/13/2024 05/13/24 For Sale $600,000 +172.7% $353 / Sq Ft
08/31/2022 08/31/22 Sold $220,000 -12.0% $190 / Sq Ft View Prior Sale
07/20/2022 07/20/22 Pending -- -- --
07/20/2022 07/20/22 For Sale $250,000 -- $216 / 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 $1,548 $225,100 $125,000 $100,100
2023 $1,505 $200,700 $125,000 $75,700
2022 $2,817 $194,400 $125,000 $69,400
2021 $2,759 $188,300 $125,000 $63,300
2020 $2,936 $190,200 $125,000 $65,200
2019 $2,552 $190,200 $125,000 $65,200
2018 $2,607 $192,400 $125,000 $67,400
2017 $2,641 $191,700 $125,000 $66,700
2016 $2,594 $191,700 $125,000 $66,700
2014 $2,539 $190,300 $125,000 $65,300
Source: Public Records

Agents Affiliated with this Home

  • Heather Bland

    Seller's Agent in 2024

    Heather Bland

    FC Tucker/Bloomington REALTORS

    (812) 322-1666

    38 Total Sales

    Heather Bland
    Section Image
  • Sally Baird

    Buyer's Agent in 2024

    Sally Baird

    Sterling Real Estate

    (812) 345-0927

    149 Total Sales

    Sally Baird
    Section Image
  • Tracee Lutes

    Seller's Agent in 2022

    Tracee Lutes

    RE/MAX

    (812) 322-2650

    236 Total Sales

    Tracee Lutes
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202416860

Indiana Regional MLS

APN: 53-08-21-100-011.000-008

Indiana Monroe County Bloomington 47401

1398 E Rhorer Rd, Bloomington, IN

Not Listed for Sale

Detached

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