$82,000
SOLD OCT 11, 2016

1585 E Rayletown Rd Bloomington, IN 47401

2 Beds
1 Bath
924 Sq Ft
5.5 Acres

Recently Sold

$89 Per Sq Ft

14% Below List Price

202 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Baseboard Heating
  • Jackson Creek Middle School Rated A
  • Central Air

About This Home

As of October 2016

This home is located at 1585 E Rayletown Rd, Bloomington, IN 47401 and is currently priced at $82,000, approximately $88 per square foot. This property was built in 1923. 1585 E Rayletown Rd is a home located in Monroe County with nearby schools including Lakeview Elementary School, Jackson Creek Middle School, and Bloomington High School South.

Last Agent to Sell the Property

Cody Coffey

United Country Coffey Realty & Auction Listed on: 02/19/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $832

Year Built

  • Built in 1923

Lot Details

  • 5.5 Acre Lot
  • Rural Setting

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Block Basement Construction

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Baseboard Heating
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 53-08-27-300-013.002-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$832

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1923
  • Age: 93
  • Style: Two Story
  • Total Number of Rooms: 4
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 014-16740-00 PT SE SW 27-8-1W 5.50A
  • Parcel Number ID: 53-08-27-300-013.002-008
  • Platted: Yes
  • Location: Rural
  • Sp Lp Percent: 86.32
  • Special Features: None

Interior Features

  • Total Sq Ft: 1848
  • Total Finished Sq Ft: 924
  • Above Grade Finished Sq Ft: 924
  • Below Grade Sq Ft: 924
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Basement Material: Block
  • Flooring: Hardwood Floors, Carpet
  • Living Great Room: Dimensions: 13x19, On Level: Main
  • Kitchen: Dimensions: 12x14, On Level: Main
  • Dining Room: Dimensions: 13x13, On Level: Main
  • Bedroom 1: Dimensions: 10x12, On Level: Main
  • Bedroom 2: Dimensions: 19x19, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 924

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: Outbuilding, Dimensions: 25x20

Garage/Parking

  • Driveway: Asphalt, Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 22x23
  • Garage Sq Ft: 506

Utilities

  • Cooling: Central Air
  • Heating Fuel: Baseboard
  • Sewer: Septic
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: Vectren Energy
  • Water Company: Eastern Monroe Water Corp
  • Cable Company: Comcast

Schools

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

Lot Info

  • Lot Description: 3-5.9999
  • Lot Dimensions: 5.5A
  • Estimated Lot Sq Ft: 239580
  • Estimated Lot Size Acres: 5.5

Tax Info

  • Annual Taxes: 832.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2017
Sold by
Beck Roger and Beck Tina
Bought by
Hearne Brian L and Hearne Leanna J

Purchase Details

Listed on
Feb 19, 2016
Closed on
Oct 11, 2016
Sold by
Chevalier Sandra and Houston Diana
Bought by
Hearne Brian L and Hearne Leanna J
Seller's Agent
Cody Coffey
United Country Coffey Realty & Auction
List Price
$95,000
Sold Price
$82,000
Premium/Discount to List
-$13,000
-13.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.60%
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 Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $95,400 Credit Line Revolving
Open $500,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2025 03/05/25 For Sale $979,900 +1095.0% $186 / Sq Ft
10/11/2016 10/11/16 Sold $82,000 -13.7% $89 / Sq Ft
09/08/2016 09/08/16 Pending -- -- --
02/19/2016 02/19/16 For Sale $95,000 -- $103 / 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 $8,006 $904,500 $65,900 $838,600
2023 $5,906 $676,800 $65,900 $610,900
2022 $5,633 $627,600 $48,000 $579,600
2021 $4,918 $540,500 $43,000 $497,500
2020 $5,025 $526,200 $43,000 $483,200
2019 $4,277 $521,100 $40,000 $481,100
2018 $2,017 $273,600 $70,000 $203,600
2017 $2,110 $153,000 $68,800 $84,200
2016 $2,060 $152,100 $68,800 $83,300
2014 $797 $150,000 $68,800 $81,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201606561

Indiana Regional MLS

APN: 53-08-27-300-013.002-008