NOT LISTED FOR SALE

1500 S Walnut St Bloomington, IN 47401

4 Beds
5.5 Baths
5,016 Sq Ft
6,970 Sq Ft Lot

Last Sold September 12, 2014

Last sale price $449,000 $90 Per Sq Ft

57 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Historic Home
  • Jackson Creek Middle School Rated A
  • Forced Air Heating System

About This Home

As of September 2014

A piece of Bloomington history. The Mitchell building was built in 1928. Fully occupied building with retail space in the first floor and 4 1-bedroom apartments in the upper floor. Very visible corner of Walnut and Hillside.

Last Agent to Sell the Property

Juan Carrasquel

The JuanSells.com Realty Co Listed on: 06/18/2014

Last Buyer's Agent

Gigi Larmour-Goldin

RE/MAX Acclaimed Properties

RE/MAX Acclaimed Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,350

Year Built

  • Built in 1928

Lot Details

  • 6,970 Sq Ft Lot
  • Corner Lot
  • Irregular Lot
  • Historic Home

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 12 Parking Spaces
  • Private Parking
  • Gravel Driveway

Location

  • Suburban Location

Schools

  • Templeton Elementary School
  • Jackson Creek Middle School
  • Bloomington South High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heat Pump System
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for tax, water
  • Assessor Parcel Number 53-08-09-207-018.000-009

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $1,624
  • Fuel Expense $984
  • Insurance Expense $2,242
  • Trash Expense $35
  • Water Sewer Expense $1,712

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,350

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Eightplex
  • Year Built: 1928
  • Age: 86
  • Style: Two Story
  • Architectural Style: Historic
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 6
  • Total Full Bathrooms: 5
  • Total Number of Half Bathrooms: 1
  • Legal Description: 015-10870-00 RAILROAD PARK PT LOT 1 |
  • Parcel Number ID: 53-08-09-207-018.000-009
  • Platted: Yes
  • Amenities: Near Walking Trail
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100
  • Monthly Gross Income: 4675
  • Year Taxes Payable: 2013-2014
  • Special Features: None

Interior Features

  • Total Sq Ft: 7524
  • Total Finished Sq Ft: 5016
  • Above Grade Finished Sq Ft: 5016
  • Below Grade Sq Ft: 2508
  • Price Per Sq Ft: 89.51
  • Basement Foundation: Unfinished
  • Flooring: Wood
  • Total Below Grade Sq Ft: 2508
  • Number Of Ranges Ovens: 4
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Brick
  • Roof Material: Rubber
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 12
  • Parking: Gravel, Private

Utilities

  • Cooling: Heat Pump, Wall AC
  • Heating Fuel: Gas, Forced Air
  • Sewer: City, Public
  • Water Utilities: City, Public
  • Annual Electric: 1624
  • Annual Fuel Expense: 984
  • Annual Insurance Expense: 2242
  • Annual Trash Expense: 35
  • Annual Water Sewer Expense: 1712

Schools

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

Lot Info

  • Lot Description: Corner, Irregular
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 6970
  • Estimated Lot Size Acres: 0.16

Rental Info

  • Owner Pays: Tax, Water

Multi Family

  • Gross Monthly Rent: 4675
  • Number Of Refrigerators: 4
  • Number Of Units: 6
  • Num Of1 Bedrooms: 4
  • Num Of Units Rented: 6

Tax Info

  • Annual Property Tax: 5350

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

Closed on
Mar 6, 2017
Sold by
Josh Alley
Bought by
Josh Alley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,000
Interest Rate
4.17%
Mortgage Type
Construction

Purchase Details

Listed on
Jun 18, 2014
Closed on
Sep 18, 2014
Sold by
Stoops Mark A
Bought by
Cream & Crimson Management Llc and Monon Rentals Llc
Seller's Agent
Juan Carrasquel
The JuanSells.com Realty Co
Buyer's Agent
Gigi Larmour-Goldin
RE/MAX Acclaimed Properties
List Price
$465,000
Sold Price
$449,000
Premium/Discount to List
-$16,000
-3.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
4.07%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 9, 2005
Sold by
Minnick R David
Bought by
Stoops Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
5.7%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 12, 2005
Sold by
Clark Doris M
Bought by
Minnick R David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
5.7%
Mortgage Type
Stand Alone Second
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 Buyer Sale Price Title Company
Josh Alley -- --
Alf Llc -- None Available
Cream & Crimson Management Llc -- None Available
Stoops Mark A -- None Available
Minnick R David -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alf Llc $650,000
Closed Alf Llc $217,000
Previous Owner Cream & Crimson Management Llc $352,000
Previous Owner Stoops Mark A $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2014 09/12/14 Sold $449,000 -3.4% $90 / Sq Ft
08/14/2014 08/14/14 Pending -- -- --
06/18/2014 06/18/14 For Sale $465,000 -- $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 $8,879 $433,700 $73,600 $360,100
2023 $4,112 $388,600 $73,600 $315,000
2022 $8,079 $399,000 $73,600 $325,400
2021 $8,588 $414,300 $73,600 $340,700
2020 $8,563 $414,300 $73,600 $340,700
2019 $7,935 $376,500 $73,600 $302,900
2018 $7,971 $376,500 $73,600 $302,900
2017 $7,737 $365,300 $73,600 $291,700
2016 $7,553 $363,900 $73,600 $290,300
2014 $4,845 $232,700 $73,600 $159,100
Source: Public Records

Agents Affiliated with this Home

  • Juan Carrasquel

    Seller's Agent in 2014

    Juan Carrasquel

    The JuanSells.com Realty Co

    (812) 369-0785

    148 Total Sales

    Section Image
  • Gigi Larmour-Goldin

    Buyer's Agent in 2014

    Gigi Larmour-Goldin

    RE/MAX

    84 Total Sales

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Map

Source: Indiana Regional MLS

MLS Number: 201425005

Indiana Regional MLS

APN: 53-08-09-207-018.000-009

Indiana Monroe County Bloomington 47401

1500 S Walnut St, Bloomington, IN

This home is located at 1500 S Walnut St, Bloomington, IN 47401 since 18 June 2014. This property was built in 1928. 1500 S Walnut St is a home located in Monroe County with nearby schools including Templeton Elementary School, Jackson Creek 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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