NOT LISTED FOR SALE

1640 S Bellemeade Dr Bloomington, IN 47401

Estimated Value: $975,000 - $1,297,000

5 Beds
4.5 Baths
5,534 Sq Ft
$205/Sq Ft Est. Value

Last Sold October 29, 2013

Last sale price $582,500 $105 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $6,556/month

88 Days on Market

Highlights

  • RV Parking in Community
  • Open Floorplan
  • Cathedral Ceiling
  • Binford Elementary School Rated A
  • Lake Property
  • Partially Wooded Lot

About This Home

As of October 2013

The facade of this architectural jewel belies the contemporary masterpiece that lies within. Steve Alexander designed this spacious open home to take advantage of its spectacular 5+ acre site. Ideal for those who love to entertain, the oak floored celebration hall connects the formal living room & great room, while affording lush nature views. The well appointed kitchen & breakfast nook span over 25 feet. From the great room, one can enter the large screened porch adjoining over 1000 SF of tiered decks. Also on the main floor is a spectacular master suite. There are three fireplaces on the main level, including a 2 story limestone beauty in the living room. Upstairs are 3 more spacious BRs and 3 baths, an incredible music loft built for a grand piano, reading nooks, & walk-in storage. Staircases at both ends of the home create a circular flow. The expansive lower level is partially finished, has a 4th fireplace & is plumbed for a full bath & kitchenette. An antidote to boring--this hom

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,650

Year Built

  • Built in 1990

Lot Details

  • 5.1 Acre Lot
  • Backs to Open Ground
  • Property has an invisible fence for dogs
  • Landscaped
  • Partially Wooded Lot
  • Zoning described as CR-Conservation Residential

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Built-in Bookshelves
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • 4 Fireplaces
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Screened Porch
  • Wood Flooring
  • Walk-Out Basement
  • Attic Fan

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Electric Oven or Range
  • Kitchen Island
  • Stone Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Double Vanity
  • Bathtub With Separate Shower Stall
  • Garden Bath

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • Lake Property
  • Lake, Pond or Stream
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Septic System
  • Cable TV Available

Community Details

  • RV Parking in Community

Listing and Financial Details

  • Assessor Parcel Number 53-07-07-101-021.000-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,650

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1990
  • Style: Two Story
  • Bedrooms: 5
  • Total Bathrooms: 5
  • Total Full Bathrooms: 4
  • Total Number of Half Bathrooms: 1
  • Legal Description: Bellemeade Subdivision Lot 17
  • Parcel Number ID: 53-07-07-101-021.000-014
  • Platted: Yes
  • Amenities: Built-In Bookcase, Cable Ready, Ceiling-9+, Ceiling-Cathedral, Ceiling Fan(s), Ceilings-Vaulted, Closet(s) Walk-in, Countertops-Stone, Deck Open, Eat-In Kitchen, Garage Door Opener, Garden Tub, Kitchen Island, Landscaped, Open Floor Plan, Pantry-Walk In, Patio Open, Porch Covered, Porch Screened, Range/Oven Hook Up Elec, Skylight(s), Twin Sink Vanity, RV Parking, Stand Up Shower, Tub and Separate Shower
  • Grid: Southeast Monroe County-C000
  • Location: Lake
  • Zoning Description: CR-Conservation Residential
  • Special Features: None

Interior Features

  • Total Sq Ft: 6918
  • Total Finished Sq Ft: 5534
  • Above Grade Finished Sq Ft: 4318
  • Below Grade Finished Sq Ft: 1216
  • Below Grade Sq Ft: 1384
  • Basement Foundation: Walk-Out Basement
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 4
  • Fireplace: Gas Log, Wood Burning
  • Flooring: Hardwood Floors
  • Living Great Room: Dimensions: 18x25, On Level: Main
  • Kitchen: Dimensions: 11x16, On Level: Main
  • Breakfast Room: Dimensions: 9x11, On Level: Main
  • Dining Room: Dimensions: 17x22, On Level: Main
  • Family Room: Dimensions: 22x50, On Level: Lower
  • Bedroom 1: Dimensions: 14x32, On Level: Main
  • Bedroom 2: Dimensions: 10x11, On Level: Main
  • Bedroom 3: Dimensions: 10x17, On Level: Upper
  • Bedroom 4: Dimensions: 12x13, On Level: Upper
  • Bedroom 5: Dimensions: 11x14, On Level: Upper
  • Loft: Dimensions: 15x16, On Level: Upper
  • Main Level Sq Ft: 5534
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 2600

Exterior Features

  • Exterior: Brick, Wood
  • Outbuilding1: None
  • Fence: Invisible

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 150x24

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Public
  • Hvac: Attic Fan
  • Laundry: Dimensions: 8xMain, On Level: 6
  • Water Type: Pond

Lot Info

  • Lot Description: Partially Wooded
  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 222156
  • Estimated Lot Size Acres: 5.1

Green Features

  • Energy Efficient: Thermostat/Controllers

Tax Info

  • Annual Taxes: 6650.48
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 21, 2014
Sold by
Sterling Thomas L
Bought by
Sterling Thomas L and Ucan Jorge Alberto
Current Estimated Value
$1,135,551

Purchase Details

Listed on
Jun 7, 2013
Closed on
Oct 29, 2013
Sold by
Bucci Thomas and Bucci Luanne
Bought by
Sterling Thomas L
List Price
$639,000
Sold Price
$582,500
Premium/Discount to List
-$56,500
-8.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.72%
Original Mortgage
$417,000
Outstanding Balance
$314,278
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$821,273
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Sterling Thomas L -- None Available
Sterling Thomas L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sterling Thomas L $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2013 10/29/13 Sold $582,500 -8.8% $105 / Sq Ft
09/03/2013 09/03/13 Pending -- -- --
06/07/2013 06/07/13 For Sale $639,000 -- $115 / 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 $6,994 $897,700 $129,700 $768,000
2023 $3,032 $774,000 $112,800 $661,200
2022 $5,555 $708,800 $112,800 $596,000
2021 $4,838 $611,600 $112,800 $498,800
2020 $4,791 $614,200 $112,800 $501,400
2019 $4,822 $610,900 $112,800 $498,100
2018 $4,862 $610,900 $112,800 $498,100
2017 $4,771 $595,300 $112,800 $482,500
2016 $4,674 $588,900 $112,800 $476,100
2014 $4,693 $591,600 $112,800 $478,800
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 456877

Indiana Regional MLS

APN: 53-07-07-101-021.000-014