NOT LISTED FOR SALE

1405 W Rock Crest Dr Bloomington, IN 47403

Estimated Value: $263,000 - $268,000

15 Beds
15 Baths
7,620 Sq Ft
$35/Sq Ft Est. Value

Last Sold November 15, 2019

Last sale price $650,000 $85 Per Sq Ft

Current estimated payment $1,945/month

59 Days on Market

Highlights

  • Clubhouse
  • Community Pool
  • Laundry closet
  • Bloomington High School South Rated A
  • 1 Car Attached Garage
  • Central Air

About This Home

As of November 2019

5plex condo, fully rented, located in Batchelor heights. Each unit has 3 bedrooms, 2 1/1 baths with a one car garage. Close to downtown Bloomington, Indiana University and I-69. Common area pool is available for your tenants. HOA fees are $55/unit and include common area pool/trash pick up.. Tenants pay water and electric.

Last Agent to Sell the Property

Trish Sterling

Sterling Real Estate Listed on: 09/16/2019

Last Buyer's Agent

Mary Willman

Jason Millican Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,970

Year Built

  • Built in 2002

Lot Details

  • 1,307

HOA Fees

  • $275 Monthly HOA Fees

Home Design

  • Planned Development
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 7,620 Sq Ft Home
  • 2-Story Property
  • Laminate Countertops
  • Laundry closet

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 15 Bedrooms

Parking

  • 1 Car Attached Garage
  • On-Street Parking
  • Off-Street Parking

Schools

  • Summit Elementary School
  • Batchelor Middle School
  • Bloomington South High School

Utilities

  • Central Air
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Level Lot
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electric, water
  • The owner pays for association dues, building insurance, lawn maintenance, maintenance
  • Assessor Parcel Number 53-08-17-304-032.000-008

Community Details

Overview

  • 5 Units
  • Batchelor Heights Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • Pet Restriction

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 5 Separate Water Meters
  • Insurance Expense $561

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,970

Year Built

Built in 2002

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fiveplex
  • Year Built: 2002
  • Age: 17
  • Style: Condo
  • Bedrooms: 15
  • Number Above Grade Bedrooms: 15
  • Total Bathrooms: 15
  • Total Full Bathrooms: 10
  • Total Number of Half Bathrooms: 5
  • Legal Description: 014-17091-69 BATCHELOR HEIGHTS SEC 1 LOT 69 014-17091-68 BATCHELOR HEIGHTS SEC 1 LOT 68 014-17091-67 BATCHELOR HEIGHTS SEC 1 LOT 67 014-17091-66 BATCHELOR HEIGHTS SEC 1 LOT 66 014-17091-65 BATCHELOR HEIGHTS SEC 1 LOT 65
  • Parcel Number ID: 53-08-17-304-032.000-008
  • Platted: Yes
  • Amenities: Off Street Parking, Cable Available, Cable Ready, Countertops-Laminate, Deck Open, Water Heater Electric
  • Location: City/Town/Suburb
  • Sp Lp Percent: 92.2
  • Annual Miscellaneous: 3300
  • Monthly Gross Income: 5519
  • County Zoning: Unknown
  • Year Taxes Payable: 2019
  • Special Features: None

Interior Features

  • Total Sq Ft: 7620
  • Total Finished Sq Ft: 7620
  • Above Grade Finished Sq Ft: 7620
  • Price Per Sq Ft: 85.3
  • Basement Foundation: Slab
  • Flooring: Carpet, Vinyl
  • Number Of Disposals: 5
  • Number Of Microwaves: 5
  • Number Of Ranges Ovens: 5

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 10
  • Parking: Garage, Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Conventional
  • Sewer: Public
  • Water Utilities: City
  • Annual Insurance Expense: 560.8
  • Number Electric Meters: 5
  • Number Gas Meters: 5
  • Number Of W D Hookups: 5
  • Number Water Meters: 5

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 275
  • Association Fees Frequency: Monthly
  • Common Amenities: Clubhouse, Swimming Pool
  • Other Fee Description: Exterior Insurance
  • Pet Restrictions: Yes

Schools

  • School District: Monroe County Community School Corp.
  • Elementary School: Summit
  • Middle School: Batchelor
  • High School: Bloomington South
  • Elementary School: Summit

Lot Info

  • Lot Description: Level, Planned Unit Development

Rental Info

  • Owner Pays: Association Dues, Building Insurance, Lawn Maintenance, Maintenance
  • Tenant Pays: Electric, Water

Multi Family

  • Gross Monthly Rent: 5519
  • Number Of Dishwashers: 5
  • Number Of Dryers: 5
  • Number Of Refrigerators: 5
  • Number Of Units: 5
  • Number Of Washers: 5
  • Number Of 3 Bedrooms: 5
  • Num Of Units Rented: 5

Tax Info

  • Annual Property Tax: 6970

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2019
Closed on
Nov 15, 2019
Sold by
Batchelor Heights Llc
Bought by
Mason Dm Properties Llc
Seller's Agent
Trish Sterling
Sterling Real Estate
Buyer's Agent
Mary Willman
Jason Millican Group
List Price
$705,000
Sold Price
$650,000
Premium/Discount to List
-$55,000
-7.8%
Current Estimated Value
$265,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$384,667
Avg. Annual Appreciation
-14.38%
Original Mortgage
$300,000
Outstanding Balance
$206,203
Interest Rate
3.5%
Mortgage Type
Commercial
Estimated Equity
$55,464
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
Mason Dm Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mason Dm Properties Llc $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2019 11/15/19 Sold $650,000 -7.8% $85 / Sq Ft
09/16/2019 09/16/19 For Sale $705,000 -- $93 / 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 $3,226 $219,600 $49,200 $170,400
2023 $1,365 $176,900 $40,000 $136,900
2022 $2,402 $165,800 $40,000 $125,800
2021 $2,256 $148,800 $30,000 $118,800
2020 $2,271 $142,200 $30,000 $112,200
2019 $1,609 $117,300 $20,000 $97,300
2018 $1,429 $102,900 $20,000 $82,900
2017 $1,430 $102,900 $20,000 $82,900
2016 $1,396 $102,200 $20,000 $82,200
2014 $1,304 $97,700 $20,000 $77,700
Source: Public Records

Agents Affiliated with this Home

  • Trish Sterling

    Seller's Agent in 2019

    Trish Sterling

    Sterling Real Estate

    (812) 327-5431

    188 Total Sales

    Trish Sterling
    Section Image
  • Mary Willman

    Buyer's Agent in 2019

    Mary Willman

    Jason Millican Group

    (812) 332-3001

    110 Total Sales

    Mary Willman
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201940799

Indiana Regional MLS

APN: 53-08-17-304-032.000-008

Indiana Monroe County Bloomington 47403

1405 W Rock Crest Dr, Bloomington, IN

This home is located at 1405 W Rock Crest Dr, Bloomington, IN 47403 since 16 September 2019 and is currently estimated at $265,333, approximately $34 per square foot. This property was built in 2002. 1405 W Rock Crest Dr is a home located in Monroe County with nearby schools including Summit Elementary School, Lora L. Batchelor Middle School, and Bloomington High School South.

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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