NOT LISTED FOR SALE

1636 E Moffett Ln Bloomington, IN 47401

Estimated Value: $358,000 - $408,000

7 Beds
4 Baths
2,916 Sq Ft
$128/Sq Ft Est. Value

Last Sold May 25, 2023

Last sale price $350,000 $120 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,309/month

20 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Bloomington High School South Rated A
  • Carpet

About This Home

As of May 2023

Four unit apartment building with 3) 2 bedroom/1 bathroom units and 1) 1 bedroom/1 bathroom unit. Lots of paved parking, communal laundry area, and large back yard. Very well maintained.

Last Agent to Sell the Property

Bob Double

Valu-net Realty Listed on: 04/12/2023

Last Buyer's Agent

Brent Chitty

Stafford Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,962

Year Built

  • Built in 1974

Lot Details

  • 0.95 Acre Lot
  • Sloped Lot

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Basement

  • Walk-Out Basement
  • Block Basement Construction
  • 2 Bathrooms in Basement
  • 3 Bedrooms in Basement

Parking

  • 8 Parking Spaces
  • Off-Street Parking

Schools

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

Utilities

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

Listing and Financial Details

  • Tenant pays for cable, electric
  • The owner pays for building insurance, lawn maintenance, water
  • Assessor Parcel Number 53-08-27-300-036.001-008

Community Details

Overview

  • 4 Units

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • Electric Expense $2,574
  • Fuel Expense $893
  • Insurance Expense $2,395
  • Maintenance Expense $7,194
  • Trash Expense $758
  • Water Sewer Expense $694

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,962

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1974
  • Style: Two Story
  • Bedrooms: 7
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: 014-10230-00 PT NW SW 27-8-1-W .95A; PLAT 304
  • Parcel Number ID: 53-08-27-300-036.001-008
  • Platted: Yes
  • Amenities: Basement, Off Street Parking
  • Number Below Grade Bedrooms: 3
  • Special Features: None

Interior Features

  • Total Sq Ft: 3016
  • Total Finished Sq Ft: 2916
  • Above Grade Finished Sq Ft: 1508
  • Below Grade Finished Sq Ft: 1408
  • Below Grade Sq Ft: 100
  • Basement: Yes
  • Basement Foundation: Walk-Out Basement
  • Basement Material: Block
  • Flooring: Carpet, Mixed, Vinyl
  • Number Below Grade Bathrooms: 2
  • Total Below Grade Sq Ft: 1508
  • Number Of Ranges Ovens: 4
  • Number Ttl Rooms Below Grade: 7

Exterior Features

  • Exterior: Brick, Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 8

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: City
  • Annual Electric: 2573.74
  • Annual Fuel Expense: 892.61
  • Annual Insurance Expense: 2395.32
  • Annual Maintenance Expense: 7193.77
  • Annual Trash Expense: 757.5
  • Annual Water Sewer Expense: 693.85
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • Elementary School: Lakeview

Lot Info

  • Lot Description: Slope
  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 41382
  • Estimated Lot Size Acres: 0.95

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance, Water
  • Tenant Pays: Cable, Electric

Tax Info

  • Annual Property Tax: 3961.72

Multi Family

  • Number Of Dishwashers: 4
  • Number Of Dryers: 1
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 3

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

Listed on
Apr 12, 2023
Closed on
May 25, 2023
Sold by
Rodecker William
Bought by
Moffet Properties Llc
Seller's Agent
Bob Double
Valu-net Realty
Buyer's Agent
Brent Chitty
Stafford Real Estate
List Price
$395,000
Sold Price
$350,000
Premium/Discount to List
-$45,000
-11.39%
Views
19
Current Estimated Value
$373,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,406
Avg. Annual Appreciation
2.45%

Purchase Details

Listed on
Aug 15, 2019
Closed on
Sep 10, 2019
Sold by
Elkins Rentals Llc
Bought by
Rodecker William
Seller's Agent
Randy May
May & May Properties
Buyer's Agent
Randy May
May & May Properties
List Price
$269,900
Sold Price
$245,000
Premium/Discount to List
-$24,900
-9.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.09%

Purchase Details

Closed on
Nov 20, 2018
Sold by
Elkins Scott B and Elkins Beverly C
Bought by
Elkins Rentals Llc

Purchase Details

Closed on
Dec 27, 2016
Sold by
Elkins Scott B and Elkins Beverly C
Bought by
Elkins Scott B and Elkins Beverly C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Moffet Properties Llc $350,000 John Bethel Title Company
Rodecker William $247,500 John
Elkins Rentals Llc -- None Available
Elkins Scott B -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/25/2023 05/25/23 Sold $350,000 -11.4% $120 / Sq Ft
04/12/2023 04/12/23 For Sale $395,000 +61.2% $135 / Sq Ft
09/09/2019 09/09/19 Sold $245,000 -9.2% $84 / Sq Ft View Prior Sale
08/15/2019 08/15/19 For Sale $269,900 -- $93 / 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
2024 $4,411 $301,100 $39,500 $261,600
2023 $2,283 $298,300 $39,500 $258,800
2022 $3,870 $267,100 $34,600 $232,500
2021 $3,661 $243,600 $29,600 $214,000
2020 $3,823 $241,700 $29,600 $212,100
2019 $2,853 $209,500 $24,700 $184,800
2018 $2,751 $199,900 $24,700 $175,200
2017 $2,720 $197,500 $24,700 $172,800
2016 $2,591 $191,400 $24,700 $166,700
2014 $2,503 $187,600 $24,700 $162,900
Source: Public Records

Agents Affiliated with this Home

  • Bob Double

    Seller's Agent in 2023

    Bob Double

    Valu-net Realty

    (812) 327-5194

    229 Total Sales

    Bob Double
    Section Image

  • B

    Buyer's Agent in 2023

    Brent Chitty

    Stafford Real Estate

    (812) 325-4453

    6 Total Sales

    Brent Chitty
    Section Image

  • R

    Seller's Agent in 2019

    Randy May

    May & May Properties

    (812) 327-7705

    16 Total Sales

    Randy May
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202310892

Indiana Regional MLS

APN: 53-08-27-300-036.001-008

Indiana Monroe County Bloomington 47401

1636 E Moffett Ln, Bloomington, IN

Not Listed for Sale

MultiFamily

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