NOT LISTED FOR SALE

1520 E Tailwater Ct Bloomington, IN 47401

Estimated Value: $762,986 - $930,000

4 Beds
3.5 Baths
4,294 Sq Ft
$201/Sq Ft Est. Value

Last Sold June 08, 2018

Last sale price $540,000 $126 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $5,213/month

101 Days on Market

Highlights

  • Access To Lake
  • Primary Bedroom Suite
  • Partially Wooded Lot
  • Jackson Creek Middle School Rated A
  • Open Floorplan
  • Traditional Architecture

About This Home

As of June 2018

Country peace, Amish crafted by Graber, with loads of distinctive upgrades. Prestigious location, set in the woods in Southern Monroe County offers hill top views, seclusion, yet easy access to 4-lane 37 & I69 & fishing 5 minutes away at Lake Monroe dam. Begin at the covered front porch with charming gazebo to catch every breeze, the elegant entry, a formal office, formal dining room with coffer ceiling & french doors. Nearby is the butler's station, half bath, over sized walk in pantry, sunny laundry room. An expanse of custom maple glazed cabinetry, granite counters, serving bar, breakfast bar, double ovens round out the kitchen, great room with commanding stone fire place, scraped wood floor, wine bar & chiller. Enjoy the luxurious main level master suite: jetted tub, marble counter with double sinks, recently added California closet storage. Upper level offers 2 generous sized bedrooms, a study/loft & sunny bathroom with claw foot tub! Below holds 4th bedroom, small office, family/theater room, plumbed for wet bar, a full bath, a lower foyer adjacent to garage & other room for exercise, hobby or pets. The 856 sq ft garage offers plenty of storage. A back patio is accessed from Master and breakfast room. Washer, dryer & wine chiller are included. Recent improvements: water heater, softener, gutter guards, microwave, dishwasher, exterior fan, new paint inside & out. Exclude: wall mirror in gym. "No drive by's, No trespassing. Home is monitored by security."

Last Buyer's Agent

Lisa Patrick

Brawley Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,127

Year Built

  • Built in 2008

Lot Details

  • 3.4 Acre Lot
  • Backs to Open Ground
  • Cul-De-Sac
  • Landscaped
  • Irregular Lot
  • Sloped Lot
  • Partially Wooded Lot

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Wood Siding
  • Stone Exterior Construction

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-in Bookshelves
  • Bar
  • Chair Railings
  • Crown Molding
  • Tray Ceiling
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Workshop
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Solid Surface Countertops
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathtub With Separate Shower Stall
  • Garden Bath

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Access To Lake
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Smart Home Wiring
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 53-11-34-201-016.000-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,127

Year Built

Built in 2008

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2008
  • Age: 10
  • Style: One and Half Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 14
  • Total Number of Rooms Below Grade: 5
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 4
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Legal Description: 004-14800-08 Tailwater Run Lot 8 |
  • Parcel Number ID: 53-11-34-201-016.000-006
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Bar, Breakfast Bar, Built-In Bookcase, Cable Ready, Ceiling-9+, Ceiling-Tray, Ceiling Fan(s), Chair Rail, Closet(s) Walk-in, Countertops-Solid Surf, Crown Molding, Foyer Entry, Garage Door Opener, Jet/Garden Tub, Landscaped, Open Floor Plan, Pantry-Walk In, Patio Open, Porch Covered, Wet Bar, Wiring-Smart Home, Stand Up Shower, Tub and Separate Shower, Workshop, Main Level Bedroom Suite, Formal Dining Room, Main Floor Laundry, Custom Cabinetry
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 98.2
  • Special Features: None

Interior Features

  • Total Sq Ft: 4414
  • Total Finished Sq Ft: 4294
  • Above Grade Finished Sq Ft: 2939
  • Below Grade Finished Sq Ft: 1355
  • Below Grade Sq Ft: 120
  • Price Per Sq Ft: 183.74
  • Basement: Yes
  • Basement Foundation: Full Basement, Walk-Out Basement, Finished
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Gas Log
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet, Tile
  • Living Great Room: Dimensions: 18x20, On Level: Main
  • Kitchen: Dimensions: 16x15, On Level: Main
  • Breakfast Room: Dimensions: 12x11, On Level: Main
  • Dining Room: Dimensions: 14x14, On Level: Main
  • Family Room: Dimensions: 18x14, On Level: Basement
  • Den: Dimensions: 14x15, On Level: Main
  • Recreation Room: Dimensions: 14x16, On Level: Basement
  • Extra Room: 2nd Office, Dimensions: 13x9, On Level: Basement
  • Bedroom 1: Dimensions: 17x19, On Level: Main
  • Bedroom 2: Dimensions: 14x15, On Level: Upper
  • Bedroom 3: Dimensions: 27x12, On Level: Upper
  • Bedroom 4: Dimensions: 15x16, On Level: Basement
  • Other Room1: Mud Room, Dimensions: 9x8, On Level: Basement
  • Loft: Dimensions: 12x8, On Level: Upper
  • Main Level Sq Ft: 2241
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1475

Exterior Features

  • Exterior: Stone, Wood, Fiber Cement
  • Roof Material: Asphalt
  • Outbuilding1: None
  • Water Features: Walk to Lake Access

Garage/Parking

  • Driveway: Asphalt
  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 26x29
  • Garage Sq Ft: 754
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Heat Pump, Propane Tank Rented
  • Sewer: Septic
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Water Company: Southern Monroe Water
  • Laundry: Dimensions: Mainx7, On Level: 8

Schools

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

Lot Info

  • Lot Description: Cul-De-Sac, Irregular, Partially Wooded, Slope
  • Lot Dimensions: Unknown
  • Estimated Lot Sq Ft: 148104
  • Estimated Lot Size Acres: 3.4

Green Features

  • Energy Efficient: Windows

Tax Info

  • Annual Taxes: 4127.22
  • Exemptions: Homestead, Mortgage, Supplemental

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2017
Sold by
Palfalvi Theodore M and Palfalvi Angela K
Bought by
Covert Brian J and Covert Amanda L
Current Estimated Value
$867,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 31, 2012
Closed on
May 29, 2013
Sold by
Balla Matthew D and Bales Jamie C
Bought by
Palfalvi Theodore M and Palfalvi Angela K
List Price
$549,900
Sold Price
$525,000
Premium/Discount to List
-$24,900
-4.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.41%
Original Mortgage
$325,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2009
Sold by
Vancleave Paul H and Fonzone Dinamarie
Bought by
Balla Matthew D and Bales Jamie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,720
Interest Rate
4.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2007
Sold by
Vancleave Dinamarie F
Bought by
Vancleave Paul H and Vancleave Dinamarie F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
6.47%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 7, 2006
Sold by
The Peoples State Bank
Bought by
Vancleave Dinamarie F

Purchase Details

Closed on
Jul 22, 2005
Sold by
Hillcrest Shoppes Inc
Bought by
The Peoples State Bank
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
Covert Brian J -- None Available
Palfalvi Theodore M -- None Available
Balla Matthew D -- None Available
Vancleave Paul H -- None Available
Vancleave Dinamarie F -- None Available
The Peoples State Bank -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Covert Brian J $420,000
Closed Covert Brian J $430,000
Previous Owner Covert Brian J $432,000
Previous Owner Palfalvi Theodore M $325,000
Previous Owner Bales Jamie C $0
Previous Owner Balla Matthew D $396,720
Previous Owner Vancleave Paul H $52,000
Previous Owner Vancleave Dinamarie F $338,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2018 06/08/18 Sold $540,000 -1.8% $126 / Sq Ft
04/25/2018 04/25/18 Price Changed $549,900 -3.5% $128 / Sq Ft
01/26/2018 01/26/18 For Sale $569,900 +8.6% $133 / Sq Ft
05/29/2013 05/29/13 Sold $525,000 -4.5% $106 / Sq Ft
04/16/2013 04/16/13 Pending -- -- --
10/31/2012 10/31/12 For Sale $549,900 -- $111 / 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 $5,550 $654,000 $58,300 $595,700
2023 $5,345 $629,500 $56,000 $573,500
2022 $4,993 $577,500 $56,000 $521,500
2021 $4,819 $544,200 $56,000 $488,200
2020 $5,033 $543,400 $56,000 $487,400
2019 $4,273 $532,900 $56,000 $476,900
2018 $4,224 $522,100 $56,000 $466,100
2017 $4,217 $521,000 $56,000 $465,000
2016 $4,127 $519,500 $56,000 $463,500
2014 $4,319 $546,300 $56,000 $490,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201803009

Indiana Regional MLS

APN: 53-11-34-201-016.000-006