NOT LISTED FOR SALE

2050 E Waters Edge Dr Bloomington, IN 47401

Estimated Value: $215,000 - $252,000

2 Beds
2 Baths
960 Sq Ft
$167/mo HOA Fee

Last Sold May 09, 2014

Last sale price $125,000 $130 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $1,709/month

45 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Lake Property
  • Jackson Creek Middle School Rated A
  • Waterfront
  • Clubhouse

About This Home

As of May 2014

Amazing Price for this desirable upper unit at Waters Edge with a fantastic view of Lake Monroe! This 2 bedroom, 2 bath condo offers great space with a very nice interior! The front covered deck area is 27 x 4 and the huge back deck (30 x 10) has panoramic views of the lake. This is a GREAT buy at this price! Compare to others in the area to see the value this offers. This is priced for a quick sale so do not delay! Call for showings today!

Last Buyer's Agent

Bonnie Gammon

RE/MAX Realty Professionals

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,910

Year Built

  • Built in 1983

Lot Details

  • Waterfront

HOA Fees

  • $167 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Ranch Style House
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 960 Sq Ft Home
  • Vaulted Ceiling
  • Living Room with Fireplace
  • Water Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Sun Deck
  • Lake Property
  • Lake, Pond or Stream
  • Covered Deck

Utilities

  • Central Air
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 53-00-40-299-055.000-006

Community Details

Overview

  • $50 Other Monthly Fees

Recreation

  • Golf Course Community
  • Community Pool
  • Putting Green

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,910

Year Built

Built in 1983

Lot Details

0

HOA Fees

$167 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Condo/Villa
  • Waterfront: Yes
  • Year Built: 1983
  • Age: 31
  • Style: One Story
  • Architectural Style: Contemporary, Ranch
  • Total Number of Rooms: 4
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Waters Edge Phase 1 Building 1
  • Parcel Number ID: 53-00-40-299-055.000-006
  • Platted: Yes
  • Amenities: Cable Ready, Ceilings-Vaulted, Deck Covered, Deck Open, Deck on Waterfront
  • Grid: Southeast Monroe County-C000
  • Location: Lake, Gated Community
  • Sp Lp Percent: 96.23
  • Special Features: None

Interior Features

  • Total Sq Ft: 960
  • Total Finished Sq Ft: 960
  • Above Grade Finished Sq Ft: 960
  • Fireplace: Living/Great Rm
  • Living Great Room: Dimensions: 15x18, On Level: Main
  • Kitchen: Dimensions: 9x11, On Level: Main
  • Bedroom 1: Dimensions: 11x14, On Level: Main
  • Bedroom 2: Dimensions: 10x11, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Wood
  • Roof Material: Shingle
  • Outbuilding1: None
  • Pool: Association
  • Pool: Yes
  • Water Name: Lake Monroe

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric
  • Sewer: Public
  • Water Utilities: Public
  • Water Type: Lake

Condo/Co-op/Association

  • Association Fees: 501
  • Association Fees Frequency: Quarterly
  • Common Amenities: Clubhouse, Golf Course, Putting Green, Swimming Pool, Tennis Courts
  • Other Fee Description: PSA Fee
  • Other Fees Dollar: 150

Schools

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

Lot Info

  • Lot Description: Waterfront, Lake, Water View

Tax Info

  • Annual Taxes: 1910.18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2014
Closed on
May 9, 2014
Sold by
Marencik James G and Wall Marenick Wendy
Bought by
Jonas Robert William and Jonas Kathleen Harsh
Buyer's Agent
Bonnie Gammon
RE/MAX Realty Professionals
List Price
$129,900
Sold Price
$125,000
Premium/Discount to List
-$4,900
-3.77%
Current Estimated Value
$231,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,134
Avg. Annual Appreciation
6.01%
Original Mortgage
$100,000
Outstanding Balance
$32,768
Interest Rate
4.41%
Mortgage Type
New Conventional
Estimated Equity
$208,982
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
Jonas Robert William -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jonas Robert William $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2014 05/09/14 Sold $125,000 -3.8% $130 / Sq Ft
04/01/2014 04/01/14 Pending -- -- --
02/15/2014 02/15/14 For Sale $129,900 -- $135 / 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 $3,397 $226,800 $0 $226,800
2023 $3,289 $210,000 $0 $210,000
2022 $2,697 $185,000 $0 $185,000
2021 $2,436 $160,000 $0 $160,000
2020 $2,321 $145,000 $0 $145,000
2019 $1,788 $130,000 $0 $130,000
2018 $1,803 $130,000 $0 $130,000
2017 $1,775 $128,000 $0 $128,000
2016 $1,744 $128,000 $0 $128,000
2014 $1,712 $128,000 $0 $128,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201403541

Indiana Regional MLS

APN: 53-00-40-299-055.000-006