NOT LISTED FOR SALE

1516 E Matlock Rd Bloomington, IN 47408

Estimated Value: $331,000 - $431,000

4 Beds
2 Baths
3,770 Sq Ft
$103/Sq Ft Est. Value

Last Sold February 28, 2018

Last sale price $243,000 $64 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,538/month

13 Days on Market

Highlights

  • Primary Bedroom Suite
  • Traditional Architecture
  • Forced Air Heating and Cooling System
  • University Elementary School Rated A
  • Eat-In Kitchen
  • 2 Car Garage

About This Home

As of February 2018

Great location!! Easy access to IU stadium, pool, tennis and basketball activities. There is so much space in this house. The homes foundation was built in 1940 but the house had a complete tear-down and rebuild in 1999. It has 4 bedrooms and 2 full bathrooms, one bedroom is the entire upper floor. Plenty of room for entertaining with a large deck off the Dining Room. The master bedroom is enormous with 9 ft. ceilings and has it's own bathroom with garden tub. Finished basement with separate laundry area, family room, rec room and bedroom. Oversized garage with lots of space for your own tools and hobby area with garage door opener. Easy commute to Indy. Occupancy permit for 3 expires 5/30/2020.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,685

Year Built

  • Built in 1940

Lot Details

  • 0.52 Acre Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Basement Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Partially Finished Basement

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

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 53-05-27-300-022.000-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,685

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1940
  • Age: 78
  • Style: One and Half Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 11
  • Total Number of Rooms Below Grade: 4
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: PT NW SW 27-9-W 1.52A |
  • Parcel Number ID: 53-05-27-300-022.000-005
  • Platted: Yes
  • Amenities: Deck Open, Eat-In Kitchen, Garage Door Opener, Main Level Bedroom Suite
  • Investment Property: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 93.5
  • Special Features: None

Interior Features

  • Total Sq Ft: 3770
  • Total Finished Sq Ft: 3770
  • Above Grade Finished Sq Ft: 2722
  • Below Grade Finished Sq Ft: 1048
  • Price Per Sq Ft: 89.27
  • Basement: Yes
  • Basement Foundation: Full Basement, Partially Finished
  • Basement Material: Block
  • Living Great Room: Dimensions: 17x12, On Level: Main
  • Kitchen: Dimensions: 13x11, On Level: Main
  • Dining Room: Dimensions: 11x8, On Level: Main
  • Family Room: Dimensions: 15x11, On Level: Lower
  • Den: Dimensions: 15x11, On Level: Lower
  • Recreation Room: Dimensions: 24x11, On Level: Lower
  • Bedroom 1: Dimensions: 22x28, On Level: Main
  • Bedroom 2: Dimensions: 10x11, On Level: Main
  • Bedroom 3: Dimensions: 10x10, On Level: Main
  • Bedroom 4: Dimensions: 30x22, On Level: Upper
  • Bedroom 5: On Level: N/A
  • Main Level Sq Ft: 1730
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1048

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Basement
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 31x22
  • Garage Sq Ft: 682
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: City
  • Laundry: Dimensions: Lowerx6, On Level: 20

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 22651
  • Estimated Lot Size Acres: 0.52

Tax Info

  • Annual Taxes: 1685.32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2018
Closed on
Feb 28, 2018
Sold by
London Poa Pamela
Bought by
Alley Member Joshua J
List Price
$259,900
Sold Price
$243,000
Premium/Discount to List
-$16,900
-6.5%
Current Estimated Value
$387,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,303
Avg. Annual Appreciation
6.27%
Original Mortgage
$243,000
Outstanding Balance
$139,737
Interest Rate
4.04%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$247,566

Purchase Details

Closed on
Sep 26, 2016
Sold by
London Alan and London Pamela
Bought by
London Alan and London Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2015
Sold by
Zivot Samuel Isaac
Bought by
London Alan and London Pamela

Purchase Details

Closed on
Oct 24, 2011
Sold by
London Alan Eric
Bought by
Zivot Samuel Isaac

Purchase Details

Closed on
May 4, 2011
Sold by
Zivot Samuel Isaac
Bought by
Zivot Samuel Isaac and London Alan Eric

Purchase Details

Closed on
Mar 1, 2011
Sold by
Whikehart Lewis
Bought by
Zivot Samuel Isaac
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
Alley Member Joshua J $243,000 --
Cream & Crimson Management Llc $243,000 John Bethell Title Company Inc
London Alan -- None Available
London Alan -- None Available
Zivot Samuel Isaac -- None Available
Zivot Samuel Isaac -- None Available
Zivot Samuel Isaac -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cream & Crimson Management Llc $243,000
Previous Owner London Alan $133,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2018 02/28/18 Sold $243,000 -6.5% $64 / Sq Ft
01/28/2018 01/28/18 Pending -- -- --
01/15/2018 01/15/18 For Sale $259,900 -- $69 / 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 $6,071 $295,900 $32,000 $263,900
2023 $2,990 $281,900 $30,800 $251,100
2022 $5,208 $256,700 $30,800 $225,900
2021 $4,907 $236,200 $23,100 $213,100
2020 $4,736 $229,500 $23,100 $206,400
2019 $4,851 $230,700 $23,100 $207,600
2018 $2,161 $206,900 $23,100 $183,800
2017 $2,126 $204,400 $23,100 $181,300
2016 $1,685 $174,200 $23,100 $151,100
2014 $1,658 $171,800 $23,100 $148,700
2013 $1,658 $170,200 $23,100 $147,100
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 201801582

Indiana Regional MLS

APN: 53-05-27-300-022.000-005

Indiana Monroe County Bloomington 47408

1516 E Matlock Rd, Bloomington, IN

This home is located at 1516 E Matlock Rd, Bloomington, IN 47408 since 15 January 2018 and is currently estimated at $387,303, approximately $102 per square foot. This property was built in 1940. 1516 E Matlock Rd 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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