$162,500
SOLD JUL 18, 2016

2047 W Arbor Ridge Way Bloomington, IN 47403

3 Beds
2 Baths
1,363 Sq Ft
$185/mo HOA Fee

Recently Sold

$119 Per Sq Ft

2% Below List Price

14 Days on Market

Highlights

  • Primary Bedroom Suite
  • Open Floorplan
  • Great Room
  • Jackson Creek Middle School Rated A
  • Backs to Open Ground
  • Covered Patio or Porch

About This Home

As of October 2022

Move in ready ranch condo in Arbor Ridge! Since purchasing, the sellers have replaced all of the flooring except baths, installed stainless steel appliances in the kitchen, and added a pull down ladder and decking in the attic over the garage for storage. Flexible, open floor plan with three bedrooms, 2 full baths, a covered front porch and a back patio off the dining room.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,311

Year Built

  • Built in 2005

HOA Fees

  • $185 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Entrance Foyer
  • Great Room
  • Home Security System
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Utilities

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

Additional Features

  • Covered Patio or Porch
  • Backs to Open Ground

Listing and Financial Details

  • Assessor Parcel Number 53-01-53-291-039.000-009

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,311

Year Built

Built in 2005

Lot Details

0

HOA Fees

$185 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Condo/Villa
  • Year Built: 2005
  • Age: 11
  • Style: One Story
  • Architectural Style: Bungalow
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Arbor Ridge Phase 1 at Sudbury Farm Unit 39
  • Parcel Number ID: 53-01-53-291-039.000-009
  • Platted: Yes
  • Amenities: Alarm System-Security, Attic Pull Down Stairs, Attic Storage, Cable Available, Cable Ready, Ceiling Fan(s), Closet(s) Walk-in, Disposal, Foyer Entry, Garage Door Opener, Near Walking Trail, Open Floor Plan, Patio Open, Porch Covered, Main Level Bedroom Suite, Great Room
  • Location: Near Walking Trail
  • Sp Lp Percent: 98.48
  • Zoning Description: PUD
  • Special Features: None

Interior Features

  • Total Sq Ft: 1363
  • Total Finished Sq Ft: 1363
  • Above Grade Finished Sq Ft: 1363
  • Basement Foundation: Slab
  • Flooring: Carpet, Laminate
  • Living Great Room: Dimensions: 13x20, On Level: Main
  • Kitchen: Dimensions: 11x11, On Level: Main
  • Dining Room: Dimensions: 10x11, On Level: Main
  • Extra Room: Entry, Dimensions: 6x13, On Level: Main
  • Bedroom 1: Dimensions: 12x14, On Level: Main
  • Bedroom 2: Dimensions: 11x12, On Level: Main
  • Bedroom 3: Dimensions: 11x12, On Level: Main
  • Main Level Sq Ft: 1363
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Stone, Vinyl
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x22
  • Garage Sq Ft: 440

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: Public
  • Laundry: Dimensions: 6xMain, On Level: 8

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 185
  • Association Fees Frequency: Monthly

Schools

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

Lot Info

  • Lot Description: Level
  • Zoning: PUD Planned Unit Development District

Tax Info

  • Annual Taxes: 1311.46
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2022
Closed on
Oct 27, 2022
Sold by
The Wallace L Spencer And Elizabeth G Sp
Bought by
Smith Jo Ann
Seller's Agent
Gigi Larmour-Goldin
RE/MAX Acclaimed Properties
Buyer's Agent
Jeffrey Franklin
FC Tucker/Bloomington REALTORS
List Price
$245,900
Sold Price
$247,000
Premium/Discount to List
$1,100
0.45%
Views
36
Current Estimated Value
$299,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,300
Avg. Annual Appreciation
5.61%

Purchase Details

Listed on
May 4, 2016
Closed on
Jul 15, 2016
Sold by
Mosier James D and Mosierq Judith L
Bought by
Spencer Wallace L and Spencer Elizabeth G
List Price
$165,000
Sold Price
$162,500
Premium/Discount to List
-$2,500
-1.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.89%

Purchase Details

Listed on
Jun 24, 2011
Closed on
May 3, 2012
Sold by
Pauly Michael E and Pauly Patricia R
Bought by
Mosier James D and Mosier Judith L
Seller's Agent
James Regester
RE/MAX Realty Professionals
Buyer's Agent
Beth Ellis
Tim Ellis Realtors & Auctioneers Inc.
List Price
$155,000
Sold Price
$133,750
Premium/Discount to List
-$21,250
-13.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.73%
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 Type Sale Price Title Company
Deed $247,000 John Bethel Title Company
Warranty Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $17,400 Credit Line Revolving
Previous Owner $110,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2022 10/27/22 Sold $247,000 +0.4% $181 / Sq Ft
10/15/2022 10/15/22 For Sale $245,900 +51.3% $180 / Sq Ft
07/18/2016 07/18/16 Sold $162,500 -1.5% $119 / Sq Ft
05/18/2016 05/18/16 Pending -- -- --
05/04/2016 05/04/16 For Sale $165,000 +23.4% $121 / Sq Ft
05/04/2012 05/04/12 Sold $133,750 -13.7% $98 / Sq Ft
03/19/2012 03/19/12 Pending -- -- --
06/24/2011 06/24/11 For Sale $155,000 -- $114 / 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 $2,323 $234,500 $70,000 $164,500
2023 $2,305 $234,700 $70,000 $164,700
2022 $2,174 $220,000 $70,000 $150,000
2021 $1,862 $192,300 $62,500 $129,800
2020 $1,751 $184,800 $62,500 $122,300
2019 $1,480 $161,500 $35,000 $126,500
2018 $1,323 $148,900 $35,000 $113,900
2017 $1,332 $149,600 $35,000 $114,600
2016 $1,319 $150,900 $35,000 $115,900
2014 $1,259 $146,100 $35,000 $111,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201619677

Indiana Regional MLS

APN: 53-01-53-291-039.000-009