NOT LISTED FOR SALE

Estimated Value: $109,250 - $137,000

3 Beds
2 Baths
-- Sq Ft
6,970 Sq Ft Lot

Last Sold July 01, 2024

Last sale price $97,000

Est. 22% increase in value since last sale

Current estimated payment $745/month

6 Days on Market

Highlights

  • Ranch Style House
  • Porch
  • Ceiling Fan
  • 1.5 Car Detached Garage
  • Soaking Tub
  • 1-minute walk to Fell Avenue Park

About This Home

As of July 2024

Ranch style home Duplex, across from IWU, great investment property. Unit 2 has all hardwood floors, except the bathroom and kitchen which are vinyl flooring. Unit one, which faces 208 Union, Bl, has one bedroom, living room, kitchen, bathroom and closet. Unit 2, which faces 1221 N Madison Street, Bl, has two bedrooms, living room, large kitchen and a bathroom. Features a man cave or she shed garage 1.5 car with an over hang that creates a cover porch. Both units have new furnace unit 1 is 6 months, unit 2 is 3 years old, AC new in unit 2 (4 years). Some newer windows 10 years old or newer from Window World. Rebuilt side porch recently. Enclosed front porch. Blown in insulation has been added to the attic. The crawlspace has a thermal barrier and sealed up. Insulated door on the garage, the walls and ceiling are insulated. Could add heat very easily just needs propane or gas. Roof is 8 years old. Fenced yard. Water is not separate, it is billed to the west side Unit 2 (1221 N. Madison) Unit 1 is a bedroom ,living room ,kitchen , bath and a huge closet. Unit 1 is month to month would like to remain tenants. Owner in unit 2 would like to stay till August but negotiable. Unit 2 is a 2 bedroom, huge living room and kitchen AND HAS LAUNDRY ACCESS IN THE BASEMENT. Made into a duplex in the 1980's.Electric and gas are separate and run on average $110 for both a month for unit 2 also uses the garage, owners says rent could be $850. Extra insulation blown in attic and walls. There is off street parking and some alley parking as well as the oversized 1.5 car garage

Last Agent to Sell the Property

Becky Gerig

RE/MAX Choice License #475132489 Listed on: 05/15/2024

RE/MAX Choice

Last Buyer's Agent

Steve Abdullah

HomeSmart Realty Group Illinois License #475188859

HomeSmart Realty Group Illinois

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,756

Year Built

  • Built in 1915 | Remodeled in 1982

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 56x120

Parking

  • 1.5 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Ranch Style House
  • Brick Foundation
  • Asphalt Roof

Interior Spaces

  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms
  • Soaking Tub
  • Separate Shower

Schools

  • Bent Elementary School
  • Bloomington Jr High Middle School
  • Bloomington High School

Additional Features

  • Porch
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,756

Year Built

Built in 1915 | Remodeled in 1982

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Subdivision Name: Not Applicable
  • Year Built: 1915
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 1982
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 1982

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Basement Description: Unfinished
  • Bathroom Amenities: Separate Shower,Soaking Tub
  • Below Grade Bedrooms: 0

Exterior Features

  • ExteriorFeatures: Porch
  • Foundation Details: Brick/Mortar
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Other

Garage/Parking

  • Garage Spaces: 1.5
  • ParkingTotal: 1.5
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Conversion YN: Y

Schools

  • Elementary School: Bent Elementary
  • High School: Bloomington High School
  • Middle/Junior School: Bloomington Jr High School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.16
  • Lot Dimensions: 56X120
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 23

Tax Info

  • Tax Annual Amount: 1755.68
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2024
Closed on
Jul 1, 2024
Sold by
Overfelt Gregory
Bought by
Qiao Rengui
Seller's Agent
Becky Gerig
RE/MAX Choice
Buyer's Agent
Steve Abdullah
HomeSmart Realty Group Illinois
List Price
$99,900
Sold Price
$97,000
Premium/Discount to List
-$2,900
-2.9%
Views
40
Current Estimated Value
$118,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,563
Avg. Annual Appreciation
13.64%
Original Mortgage
$100,000
Outstanding Balance
$73,194
Interest Rate
6.24%
Mortgage Type
New Conventional
Estimated Equity
$45,369

Purchase Details

Closed on
Sep 7, 2012
Sold by
Overfelt Gregory and Overfelt Grege
Bought by
Overfelt Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
3.66%

Purchase Details

Closed on
May 27, 2008
Sold by
Heartland Bank & Trust Company
Bought by
Overfelt Greg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,050
Interest Rate
5.96%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Qiao Rengui $97,000 Illinois Title Group
Overfelt Gregory -- None Available
Overfelt Greg $84,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Qiao Rengui $100,000
Previous Owner Overfelt Gregory $73,000
Previous Owner Overfelt Greg $76,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2024 07/01/24 Sold $97,000 -2.9% --
05/22/2024 05/22/24 Pending -- -- --
05/15/2024 05/15/24 For Sale $99,900 -- --
Source: Midwest Real Estate Data (MRED)

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 $1,542 $27,908 $8,001 $19,907
2022 $1,542 $24,143 $6,921 $17,222
2021 $1,368 $22,101 $6,336 $15,765
2020 $1,661 $25,599 $6,034 $19,565
2019 $1,656 $25,599 $6,034 $19,565
2018 $1,650 $25,599 $6,034 $19,565
2017 $1,650 $25,599 $6,034 $19,565
2016 $1,647 $25,599 $6,034 $19,565
2015 $1,642 $25,599 $6,034 $19,565
2014 $1,590 $25,599 $6,034 $19,565
2013 -- $25,599 $6,034 $19,565
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12056958

Midwest Real Estate Data (MRED)

APN: 14-33-378-001