NOT LISTED FOR SALE

1890 S Walnut St Bloomington, IN 47401

24 Beds
24 Baths
13,018 Sq Ft
0.48 Acres

Last Sold December 07, 2021

Last sale price $869,600 $67 Per Sq Ft

224 Days on Market

Highlights

  • Tile Flooring
  • Jackson Creek Middle School Rated A
  • Forced Air Heating System

About This Home

As of December 2021

22 one bedroom and 1 two bedroom apartment units located just south. All units are leased and the new City occupancy permit doesn’t expire until 1/11/25. There is seldom a vacancy in these close in one bedroom apartments that offer below market rental rates. The roof was recently replaced and the parking lot has nearly new blacktop. Call to arrange a preview. Conveniently located off of South Walnut and close to Switchyard park and walking trail.

Last Agent to Sell the Property

Jimmie Coffey

United Country Coffey Realty & Auction Listed on: 04/27/2021

Co-Listed By

Tim Ellis

Tim Ellis Realtors & Auctioneers Inc.

Last Buyer's Agent

Jimmie Coffey

United Country Coffey Realty & Auction Listed on: 04/27/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,581

Year Built

  • Built in 1967

Lot Details

  • 0.48 Acre Lot
  • Irregular Lot

Home Design

  • Apartment
  • Slab Foundation
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 13,018 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 24 Bedrooms
  • 24 Full Bathrooms

Parking

  • 18 Parking Spaces
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, fuel, water
  • The owner pays for tax
  • Assessor Parcel Number 53-08-09-200-070.000-009

Community Details

Overview

  • 23 Units

Building Details

  • Electric Expense $8,000
  • Fuel Expense $4,000
  • Insurance Expense $5,500
  • Maintenance Expense $5,000
  • Trash Expense $3,500
  • Water Sewer Expense $3,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,581

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1967
  • Age: 54
  • Style: Attached
  • Bedrooms: 24
  • Number Above Grade Bedrooms: 24
  • Total Bathrooms: 24
  • Total Full Bathrooms: 24
  • Legal Description: 015-44070-00 PT SW NW 9-8-1W .48; PLAT 56
  • Parcel Number ID: 53-08-09-200-070.000-009
  • Platted: Yes
  • Amenities: Off Street Parking, Near Walking Trail
  • Sp Lp Percent: 91.54
  • Annual Miscellaneous: 500
  • Monthly Gross Income: 11945
  • Special Features: None

Interior Features

  • Total Sq Ft: 13018
  • Total Finished Sq Ft: 13018
  • Above Grade Finished Sq Ft: 13018
  • Price Per Sq Ft: 66.8
  • Basement Foundation: Slab
  • Flooring: Carpet, Tile
  • Number Of Ranges Ovens: 23

Exterior Features

  • Exterior: Stone, Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 18

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 8000
  • Annual Fuel Expense: 4000
  • Annual Insurance Expense: 5500
  • Annual Maintenance Expense: 5000
  • Annual Trash Expense: 3500
  • Annual Water Sewer Expense: 3000

Schools

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

Lot Info

  • Lot Description: Irregular
  • Lot Dimensions: 0.48
  • Estimated Lot Sq Ft: 20909
  • Estimated Lot Size Acres: 0.48
  • Expiration Of Permit: 01/11/2025

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Tax
  • Tenant Pays: Electric, Fuel, Water

Multi Family

  • Gross Monthly Rent: 11945
  • Number Of Refrigerators: 23
  • Number Of Units: 23
  • Num Of1 Bedrooms: 22
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 23

Tax Info

  • Annual Property Tax: 12581.22

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2021 12/07/21 Sold $869,600 -8.5% $67 / Sq Ft
06/22/2021 06/22/21 Price Changed $950,000 +94999900.0% $73 / Sq Ft
04/27/2021 04/27/21 For Sale $1 -- $0 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202114393

Indiana Regional MLS