$2,800,000
SOLD JAN 3, 2025

1704 N Lincoln St Bloomington, IN 47408

2 Beds
2.5 Baths
1,112 Sq Ft
436 Sq Ft Lot

Recently Sold

$2,518 Per Sq Ft

0 Day on Market

About This Home

As of January 2025

Package of 14 units: 1704, 1706, 1708, 1710, 1714, 1715, 1718, 1720, 1722, 1723, 1724, 1726, 1729, and 1734 N Lincoln St. Each unit is same floor plan, 2 bed 2.5 bath, approx 1112 sqft.

Last Agent to Sell the Property

David Kerber

Bloomington Property Services Brokerage Email: dave@bloomingtonservices.com Listed on: 01/03/2025

Last Buyer's Agent

David Kerber

Bloomington Property Services Brokerage Email: dave@bloomingtonservices.com Listed on: 01/03/2025

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,905

Year Built

  • Built in 1990

Lot Details

  • 436 Sq Ft Lot
  • Lot Dimensions are 37x16

Parking

  • 2 Parking Spaces

Home Design

  • Planned Development
  • Vinyl Construction Material

Interior Spaces

  • 1,112 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • University Elementary School
  • Tri-North Middle School
  • Bloomington North High School

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • 14 Units
  • College Park Subdivision

Listing and Financial Details

  • Tenant pays for electric, water
  • The owner pays for association dues, maintenance
  • Assessor Parcel Number 53-05-28-316-022.000-005

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,905

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Complex
  • Year Built: 1990
  • Style: Condo
  • Bedrooms: 2
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: 013-27470-44 COLLEGE PARK LOT 4
  • Parcel Number ID: 53-05-28-316-022.000-005
  • Platted: Yes
  • Special Features: None

Interior Features

  • Total Sq Ft: 1112
  • Total Finished Sq Ft: 1112
  • Above Grade Finished Sq Ft: 1112
  • Flooring: Mixed
  • Number Of Disposals: 1
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Heat Pump
  • Sewer: City
  • Water Utilities: City
  • Number Of W D Hookups: 1

Schools

  • Elementary School: University

Lot Info

  • Lot Description: Planned Unit Development
  • Lot Dimensions: 37x16
  • Estimated Lot Sq Ft: 436
  • Estimated Lot Size Acres: 0.01

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Association Dues, Maintenance
  • Tenant Pays: Electric, Water

Multi Family

  • Number Of Dishwashers: 1
  • Number Of Dryers: 1
  • Number Of Refrigerators: 1
  • Number Of Units: 14
  • Number Of Washers: 1
  • Num Of2 Bedrooms: 14

MLS Schools

  • High School: Bloomington North
  • Middle School: Tri-North
  • School District: Monroe County Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2025
Closed on
Dec 31, 2024
Sold by
University Properties Vi Llc
Bought by
Knn Properties Llc
Seller's Agent
David Kerber
Bloomington Property Services
Buyer's Agent
David Kerber
Bloomington Property Services
List Price
$2,800,000
Sold Price
$2,800,000
Views
2
Current Estimated Value
$748,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,051,814
Avg. Annual Appreciation
-80.39%

Purchase Details

Closed on
Mar 11, 2020
Sold by
College Park Se Llc
Bought by
University Properties Vi Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000,000
Interest Rate
3.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 28, 2011
Sold by
Lukens John and Lukens Cassie
Bought by
College Park Se Llc

Purchase Details

Closed on
Feb 3, 2011
Sold by
College Park Llc
Bought by
Lukens John and Lukens Cassie
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 Type Sale Price Title Company
Deed $2,800,000 John Bethel Title Company
Warranty Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $25,000,000 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2025 01/03/25 Sold $2,800,000 0.0% $2,518 / Sq Ft
01/03/2025 01/03/25 Pending -- -- --
01/03/2025 01/03/25 For Sale $2,800,000 -- $2,518 / 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 $2,905 $141,600 $41,600 $100,000
2023 $1,431 $134,900 $40,000 $94,900
2022 $2,538 $125,100 $40,000 $85,100
2021 $2,329 $112,100 $40,000 $72,100
2020 $1,929 $93,500 $30,000 $63,500
2019 $1,733 $82,400 $20,000 $62,400
2018 $1,648 $78,200 $20,000 $58,200
2017 $1,493 $70,700 $18,000 $52,700
2016 $1,469 $70,700 $18,000 $52,700
2014 $1,483 $71,100 $18,000 $53,100
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2025

    David Kerber

    Bloomington Property Services

    (812) 287-9977

    14 Total Sales

    David Kerber
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Map

Source: Indiana Regional MLS

MLS Number: 202500730

Indiana Regional MLS

APN: 53-05-28-316-038.000-005

Indiana Monroe County Bloomington 47408

1704 N Lincoln St, Bloomington, IN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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