NOT LISTED FOR SALE

2040 E Waters Edge Dr Bloomington, IN 47401

Estimated Value: $205,000 - $470,000

3 Beds
2.5 Baths
1,400 Sq Ft
$272/Sq Ft Est. Value

Last Sold September 27, 2024

Last sale price $450,000 $321 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $2,749/month

28 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Lake View
  • Jackson Creek Middle School Rated A
  • Gated Community
  • Community Lake

About This Home

As of September 2024

Stunning 3-Bedroom, 2.5-Bath End Unit Townhome on Golf Course and Lake Monroe Discover the epitome of modern living in this beautifully renovated 3-bedroom, 2.5-bath end unit townhome, nestled on the serene fairways of a prestigious golf course with picturesque views of Lake Monroe. This meticulously updated residence is being sold fully furnished, allowing you to move right in and start enjoying its many exceptional features. As you enter, you'll be greeted by a tastefully renovated interior, featuring custom cabinetry throughout, new electrical and plumbing fixtures, and solid wood floors on the main level. The stairs and bedrooms are adorned with plush carpeting for added comfort. The home boasts a brand-new efficiency heating and cooling unit, water heater, and water filtration system, ensuring modern conveniences and energy efficiency. The living space is further enhanced by elegant 5-inch baseboards, a freshly painted neutral decor, and custom fireplaces-one in the living room and another in the master bedroom. The master suite also offers a walk-in closet and private extended decking, perfect for relaxing while enjoying the view. Both full bathrooms and the half-bath showcase custom cabinetry, luxurious tile flooring, and stylish showers. The custom kitchen features upgraded stainless steel appliances and is complemented by efficient stacked washer and dryer units. All new windows, doors, and light fixtures add to the home's pristine condition. The outdoor space is equally impressive, with extended wraparound decking on the main level and private, extended decking off the master bedroom. An attic fan and new insulation in both the attic and crawlspace ensure optimal airflow and comfort throughout the home. Every detail of this property has been carefully curated to offer a blend of luxury, comfort, and functionality. With its breathtaking views, modern amenities, and move-in-ready condition, this townhome is truly a rare find.

Last Agent to Sell the Property

Susan Slaven

Eagle Pointe Realty Brokerage Email: sslaven@homefinder.org License #RB14024771 Listed on: 08/12/2024

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,074

Year Built

  • Built in 1983

Lot Details

  • 653

HOA Fees

  • $419 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 1,400 Sq Ft Home
  • 2-Story Property
  • Aluminum Window Frames
  • Family or Dining Combination
  • Lake Views
  • Crawl Space

Kitchen

  • Electric Cooktop
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Bedroom
  • Walk-In Closet

Laundry

  • Laundry closet
  • Dryer
  • Washer

Utilities

  • Programmable Thermostat
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot PLATTED
  • Assessor Parcel Number 530040299060000006
  • Seller Concessions Not Offered

Community Details

Overview

  • Association fees include home owners, insurance, lawncare, nature area, snow removal, tennis court(s), trash, walking trails
  • Waters Edge Subdivision
  • Community Lake

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,074

Year Built

Built in 1983

Lot Details

0

HOA Fees

$419 per month

Listing Details

  • Property Sub Type: Townhouse
  • Architectural Style: Contemporary
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1983
  • Building Area Total: 1400
  • Garage Y N: No
  • Subdivision Name: Waters Edge
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: sslaven@homefinder.org
  • Attribution Contact: sslaven@homefinder.org
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Cooktop, Dishwasher, Dryer, Electric Water Heater, Disposal, Ice Maker, Washer, Water Heater, Wine Cooler
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Bedroom
  • Fireplaces: 1
  • Interior Amenities: Programmable Thermostat, Walk-in Closet(s), Window Metal
  • Living Area: 1400
  • Eating Area: Dining Combo/Family Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Main Level Sq Ft: 1400
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Crawl Space
  • List Price: 459900
  • View: Lake
  • View Y N: Yes
  • Waterfront: No

Utilities

  • Cooling: Central Electric
  • Heating: Electric
  • Laundry Features: Laundry Closet
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association Amenities: Insurance, Snow Removal, Tennis Court(s), Trash, Trail(s)
  • Association Fee: 1256
  • Association Fee Frequency: Quarterly
  • Association YN: Yes
  • Community Features: Clubhouse, Fitness Center, Gated, Golf, Lake, Pool, Restaurant, Street Lights, Tennis Court(s)

Fee Information

  • Association Fee Includes: Association Home Owners, Entrance Common, Insurance, Lawncare, Nature Area, Snow Removal, Tennis Court(s), Trash, Walking Trails

Lot Info

  • Lot Features: Gated Community
  • Property Attached Yn: Yes
  • Horse Amenities: None
  • Parcel Number: 530040299060000006
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 4074
  • Tax Lot: PLATTED
  • Semi Annual Property Tax Amt: 2037
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2024
Closed on
Sep 27, 2024
Sold by
Bir Erin
Bought by
Wavle Sharon Marie
Seller's Agent
Susan Slaven
Eagle Pointe Realty
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$499,900
Sold Price
$450,000
Premium/Discount to List
-$49,900
-9.98%
Views
30
Current Estimated Value
$384,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$65,402
Avg. Annual Appreciation
-16.30%

Purchase Details

Listed on
Apr 15, 2021
Closed on
May 6, 2021
Sold by
Pearcy Thomas F and Pearcy Carolyn P
Bought by
Bir Allan C and Bir Erin
Buyer's Agent
Diana Martin
NonMember MEIAR
List Price
$309,900
Sold Price
$320,000
Premium/Discount to List
$10,100
3.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.58%

Purchase Details

Closed on
Nov 22, 2006
Sold by
Bartholomew Lorimer Kathy and Kathy Bartholomew Lorimer 2003
Bought by
Pearcy Thomas F and Pearcy Carolyn P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,800
Interest Rate
6.41%
Mortgage Type
New Conventional
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
Wavle Sharon Marie $450,000 John Bethel Title Company
Bir Allan C -- None Available
Pearcy Thomas F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pearcy Thomas F $137,500
Previous Owner Pearcy Thomas F $140,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2024 09/27/24 Sold $450,000 -2.2% $321 / Sq Ft
09/09/2024 09/09/24 Pending -- -- --
08/28/2024 08/28/24 Price Changed $459,900 -8.0% $329 / Sq Ft
08/12/2024 08/12/24 For Sale $499,900 +56.2% $357 / Sq Ft
05/07/2021 05/07/21 Sold $320,000 +3.3% $229 / Sq Ft
04/18/2021 04/18/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $309,900 -- $221 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $2,469 $316,200 $0 $316,200
2023 $4,075 $316,200 $0 $316,200
2022 $4,075 $275,000 $0 $275,000
2021 $2,811 $185,000 $0 $185,000
2020 $2,795 $175,000 $0 $175,000
2019 $2,347 $170,500 $0 $170,500
2018 $2,367 $170,500 $0 $170,500
2017 $2,367 $170,500 $0 $170,500
2016 $2,325 $170,500 $0 $170,500
2014 $2,335 $170,500 $0 $170,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21995696

MIBOR Broker Listing Cooperative®

APN: 53-00-40-299-060.000-006