NOT LISTED FOR SALE

163 E Willow Ct Bloomington, IN 47401

Estimated Value: $341,000 - $604,000

6 Beds
6 Baths
2,714 Sq Ft
$154/Sq Ft Est. Value

Sale Details

Date Sold: July 11, 2016

Last sale price $158,000 $58 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $2,537 / mo

101 Days on Market

Highlights

  • Utility Room in Garage
  • Cul-De-Sac
  • Laundry in Utility Room
  • Jackson Creek Middle School Rated A
  • 1 Car Attached Garage
  • Landscaped

About This Home

As of July 2016

Perfect Investment! Duplex; each unit 3BR/2.5BA. Attached 1 car garage for each unit. Located in well established neighborhood on the Southside of Bloomington on cul-de-sac. This property is fully rented with leases in place. Cap rate and financials available upon request. This property is priced to sell!

Last Agent to Sell the Property

Amy Rhoda

Revestco LLC Listed on: 02/11/2016

Last Buyer's Agent

Zakary Szymanski

Stellar Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,470

Year Built

  • Built in 1994

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 83x99
  • Cul-De-Sac
  • Landscaped

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,714 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Utility Room in Garage
  • Laundry in Utility Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Location

  • Suburban Location

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, heating, maintenance, sewer, trash collection, water
  • The owner pays for building insurance, lawn maintenance, maintenance, tax
  • Assessor Parcel Number 53-08-16-301-011.000-009

Community Details

Overview

  • 2 Units
  • Walnut Springs Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,170
  • Maintenance Expense $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,470

Year Built

Built in 1994

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1994
  • Style: Two Story
  • Bedrooms: 6
  • Total Bathrooms: 6
  • Total Full Bathrooms: 4
  • Total Number of Half Bathrooms: 2
  • Legal Description: Walnut Springs PHI L 32 |
  • Parcel Number ID: 53-08-16-301-011.000-009
  • Platted: Yes
  • Amenities: Ceiling Fan, Off Street Parking, Cable Available, Garage Door Opener, Landscaped, Garage Utilities
  • Location: City/Town/Suburb
  • Special Features: None

Interior Features

  • Total Sq Ft: 2714
  • Total Finished Sq Ft: 2714
  • Above Grade Finished Sq Ft: 2714
  • Basement Foundation: Slab
  • Flooring: Carpet, Laminate
  • Number Of Disposals: 2
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 10

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 4
  • Parking: Garage, Paved

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: Public
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Water Company: Bloomington City Utility
  • Cable Company: Comcast, Private
  • Hvac: Ceiling Fan
  • Annual Insurance Expense: 1170
  • Annual Maintenance Expense: 1000
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 2

Schools

  • Elementary School: Templeton

Lot Info

  • Lot Description: Cul-De-Sac
  • Lot Dimensions: 83x99
  • Estimated Lot Sq Ft: 7841
  • Estimated Lot Size Acres: 0.18
  • Lot Number: 32

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance, Tax
  • Tenant Pays: Cable, Cooling, Electric, Heating, Maintenance, Sewer, Trash Collection, Water

Tax Info

  • Annual Property Tax: 3470

Multi Family

  • Number Of Dishwashers: 2
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 1

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
Feb 11, 2016
Closed on
Jul 11, 2016
Sold by
Wynalda Mark E and Wynalda Imelda
Bought by
Smith Alexander R
Seller's Agent
Amy Rhoda
Revestco LLC
Buyer's Agent
Zakary Szymanski
Stellar Realty Group
List Price
$164,900
Sold Price
$158,000
Premium/Discount to List
-$6,900
-4.18%
Current Estimated Value
$417,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,438
Avg. Annual Appreciation
10.48%
Original Mortgage
$126,400
Outstanding Balance
$99,805
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$317,633
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Smith Alexander R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Alexander R $126,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2016 07/11/16 Sold $158,000 -4.2% $58 / Sq Ft
05/22/2016 05/22/16 Pending -- -- --
02/11/2016 02/11/16 For Sale $164,900 -- $61 / Sq Ft
Source: Indiana Regional MLS

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
2025 $3,469 $252,600 $22,000 $230,600
2024 $3,469 $252,400 $22,000 $230,400
2023 $3,697 $256,100 $22,000 $234,100
2022 $3,197 $232,200 $22,000 $210,200
2021 $2,983 $215,100 $22,000 $193,100
2020 $2,583 $192,000 $17,800 $174,200
2019 $2,141 $163,000 $17,800 $145,200
2018 $2,078 $159,300 $17,800 $141,500
2017 $2,008 $159,000 $17,800 $141,200
2016 $1,425 $159,000 $17,800 $141,200
2014 $3,469 $166,600 $17,800 $148,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201618757

Indiana Regional MLS

APN: 53-08-16-301-011.000-009

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