NOT LISTED FOR SALE

Estimated Value: $348,000 - $442,000

4 Beds
3 Baths
1,934 Sq Ft
$205/Sq Ft Est. Value

Last Sold December 28, 2012

Last sale price $158,400 $82 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $2,546/month

84 Days on Market

Highlights

  • Ranch Style House
  • Covered Patio or Porch
  • Central Vacuum
  • University Elementary School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of December 2012

-Charming duplex located on Bloomington South east side. Each side consists of the following, private entry with front porch, an eat in kitchen, living room with large picture window , two bedrooms, bath and a large unfinished basement offering many possibilities (second unit currently using their basement as an artist studio). There is a 3 car detached garage. Currently Unit A uses the two car garage; Unit B uses the one car garage and maintains the lovely garden. There is additional off street parking. If this is purchased by an Owner occupier the owner could qualify for a Homestead tax credit and taxes would be nearly half. This is also listed in the MLS as # 20124107 under Residential. Located on Bus Line, easy access to shopping and INDIANA UNIVERISTY. Both sides currently leased until July 31, 2013 at $590/each unit.

Last Agent to Sell the Property

Trish Sterling

Sterling Real Estate Listed on: 09/02/2012

Last Buyer's Agent

Ron Plecher

RE/MAX Realty Professionals

RE/MAX Realty Professionals

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,768

Year Built

  • Built in 1965

Lot Details

  • 0.33

Parking

  • 1 Car Garage

Home Design

  • Ranch Style House
  • Poured Concrete
  • Stone Exterior Construction

Interior Spaces

  • 1,934 Sq Ft Home
  • Central Vacuum

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Additional Features

  • Covered Patio or Porch
  • 0.33 Acre Lot

Community Details

  • 2 Units
  • Park Ridge East Subdivision

Listing and Financial Details

  • Tenant pays for cable, electric, fuel, trash collection, water
  • Assessor Parcel Number 53-05-36-303-006.000-005

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,768

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1965
  • Age: 47
  • Architectural Style: Ranch
  • Bedrooms: 4
  • Total Bathrooms: 3
  • Legal Description: 013-28430-00 PARK RIDGE EAST PT 5 LOT277 TRUSTEE, W/L EST ROBERT CODE |
  • Parcel Number ID: 53-05-36-303-006.000-005
  • Platted: Yes
  • Amenities: Central Vacuum System, Porch Covered, Water Heater Electric
  • Zoning Description: RM-Residential Multifamily
  • Monthly Gross Income: 14160
  • Year Taxes Payable: 2011/2012
  • Special Features: None

Interior Features

  • Total Sq Ft: 3868
  • Total Finished Sq Ft: 1934
  • Basement Material: Poured Concrete

Exterior Features

  • Exterior: Stone

Garage/Parking

  • Number Of Parking Spaces: 3

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air

Schools

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

Lot Info

  • Estimated Lot Size Acres: 0.33

Rental Info

  • Tenant Pays: Cable, Electric, Fuel, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 14160
  • Number Of Units: 2

Tax Info

  • Annual Property Tax: 2767.66

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
Sep 2, 2012
Closed on
Dec 27, 2012
Sold by
Greenfield Banking Co
Bought by
Cocalis David and Cocalis Peter
Seller's Agent
Trish Sterling
Sterling Real Estate
Buyer's Agent
Ron Plecher
RE/MAX Realty Professionals
List Price
$169,900
Sold Price
$158,400
Premium/Discount to List
-$11,500
-6.77%
Current Estimated Value
$395,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,200
Avg. Annual Appreciation
7.50%
Original Mortgage
$128,131
Outstanding Balance
$88,905
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$306,695

Purchase Details

Closed on
Jan 25, 2012
Sold by
J P Morgan Chase Bank N A
Bought by
Greenfield Banking Co
Source: Public Records

Range of Values:

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Average Value
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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
Cocalis David -- None Available
Greenfield Banking Co -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cocalis David $128,131
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2012 12/28/12 Sold $158,400 -6.8% $82 / Sq Ft
11/25/2012 11/25/12 Pending -- -- --
09/02/2012 09/02/12 For Sale $169,900 -- $88 / 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 $4,694 $356,100 $135,000 $221,100
2023 $2,743 $359,400 $87,000 $272,400
2022 $4,907 $327,200 $75,000 $252,200
2021 $3,371 $230,000 $65,000 $165,000
2020 $3,027 $211,300 $55,000 $156,300
2019 $2,769 $192,700 $45,000 $147,700
2018 $2,451 $174,000 $40,000 $134,000
2017 $2,419 $178,300 $30,000 $148,300
2016 $2,167 $166,300 $30,000 $136,300
2014 $1,961 $154,200 $30,000 $124,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 446079

Indiana Regional MLS

APN: 53-05-36-303-006.000-005