NOT LISTED FOR SALE

212 S Roosevelt St Bloomington, IN 47408

Green Acres Neighborhood

Estimated Value: $234,000 - $317,000

3 Beds
2 Baths
1,440 Sq Ft
$192/Sq Ft Est. Value

Last Sold February 15, 2019

Last sale price $121,250 $84 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $1,798/month

54 Days on Market

Highlights

  • Wood Flooring
  • Jack-and-Jill Bathroom
  • 1 Car Garage
  • University Elementary School Rated A
  • Forced Air Heating and Cooling System
  • Wood Siding

About This Home

As of February 2019

Investors take notice of this 3 bedroom 2 bath home on the East side near campus currently being used as a rental, but would make a great owner occupied home with some improvements. The current lease is $1,200 per month plus utilities and ends 7/15/2019 with an occupancy permit for 5 unrelated adults. There is 2 bedrooms, 1 bath on the main level and 1 bedroom, 1 bath in the basement. Tenants take care of mowing and snow removal. This home has hardwood and tile floors throughout and with a little imagination and some refurbishment, it would make a nice duplex with increased rent or a nice 3 bedroom, 2 bath owner occupant home for someone looking to live on the East side and capable of gaining some sweat equity. Home is being sold "As Is" so make your offer accordingly.

Last Agent to Sell the Property

Marci Bowlen

Bruce Storm Real Estate & Mgmt. Listed on: 12/19/2018

Last Buyer's Agent

ECBOR NonMember

NonMember ELK

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,693

Year Built

  • Built in 1950

Lot Details

  • 6,300 Sq Ft Lot
  • Lot Dimensions are 50x126
  • Sloped Lot

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Laminate Countertops
  • Washer Hookup

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Jack-and-Jill Bathroom
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Sump Pump
  • Block Basement Construction
  • Laundry in Basement
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Parking

  • 1 Car Garage
  • Carport
  • Gravel Driveway
  • Off-Street Parking

Utilities

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

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, fuel, heating, lawn maintenance, sewer, snow removal, trash collection, water, deposit value
  • The owner pays for building insurance, maintenance, tax
  • Assessor Parcel Number 53-05-34-425-019.000-005

Community Details

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $500
  • Maintenance Expense $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,693

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1950
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 013-35180-00 Highland Homes Blk R Lots 27 & 28
  • Parcel Number ID: 53-05-34-425-019.000-005
  • Platted: Yes
  • Amenities: Basement, Countertops-Laminate, Deck Open, Water Heater Gas, Sump Pump, Washer Hook-Up, Jack & Jill Bath
  • Cross Street: East 3rd St.
  • Number Below Grade Bedrooms: 1
  • Road Access: City
  • Road Surface: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1440
  • Total Finished Sq Ft: 1440
  • Above Grade Finished Sq Ft: 720
  • Below Grade Finished Sq Ft: 720
  • Basement: Yes
  • Basement Foundation: Walk-Out Basement
  • Basement Material: Block
  • Flooring: Wood, Tile
  • Main Level Sq Ft: 720
  • Number Below Grade Bathrooms: 1
  • Total Below Grade Sq Ft: 720
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 4

Exterior Features

  • Exterior: Wood
  • Roof Material: Shingle
  • Stories: 1

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 4
  • Parking: Gravel, Off Street, Private

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: Vectren Energy
  • Water Company: Bloomington City Utility
  • Cable Company: Comcast
  • Annual Insurance Expense: 500
  • Annual Maintenance Expense: 1000
  • Number Electric Meters: 1
  • Number Gas Meters: 1
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Lot Info

  • Lot Description: Slope
  • Lot Dimensions: 50x126
  • Estimated Lot Sq Ft: 6300
  • Estimated Lot Size Acres: 0.14

Rental Info

  • Lease Term: 2 Years
  • Owner Pays: Building Insurance, Maintenance, Tax
  • Tenant Pays: Cable, Cooling, Electric, Fuel, Heating, Lawn Maintenance, Sewer, Snow Removal, Trash Collection, Water, Deposit Value

Tax Info

  • Annual Property Tax: 2692.86

Multi Family

  • Number Of Dishwashers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2018
Closed on
Feb 15, 2019
Sold by
Tjr Group Llc
Bought by
Lee Ryan M
Seller's Agent
Marci Bowlen
Bruce Storm Real Estate & Mgmt.
Buyer's Agent
ECBOR NonMember
NonMember ELK
List Price
$149,900
Sold Price
$121,250
Premium/Discount to List
-$28,650
-19.11%
Current Estimated Value
$276,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,343
Avg. Annual Appreciation
12.73%
Original Mortgage
$90,937
Outstanding Balance
$79,787
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$196,806

Purchase Details

Closed on
Jan 7, 2008
Sold by
Huang Yaling
Bought by
Tjr Group Llc

Purchase Details

Closed on
Aug 24, 2007
Sold by
Peterson Weimer Mary Beth and Stinson Sheri Lynn
Bought by
Huang Yaling

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,750
Interest Rate
6.77%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Lee Ryan M $121,250 Meridian Title Corporation
Tjr Group Llc -- None Available
Huang Yaling -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Ryan M $90,937
Previous Owner Huang Yaling $80,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2019 02/15/19 Sold $121,250 -19.1% $84 / Sq Ft
02/11/2019 02/11/19 Pending -- -- --
12/19/2018 12/19/18 For Sale $149,900 -- $104 / 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 $4,237 $206,500 $85,100 $121,400
2023 $4,188 $197,400 $81,800 $115,600
2022 $3,768 $185,700 $81,800 $103,900
2021 $2,910 $140,100 $64,400 $75,700
2020 $2,833 $137,300 $60,900 $76,400
2019 $2,868 $136,400 $45,200 $91,200
2018 $2,845 $135,000 $46,600 $88,400
2017 $2,693 $127,500 $42,900 $84,600
2016 $2,571 $123,700 $42,900 $80,800
2014 $2,399 $115,000 $42,900 $72,100
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Marci Bowlen

    Bruce Storm Real Estate & Mgmt.

    Section Image

  • E

    Buyer's Agent in 2019

    ECBOR NonMember

    NonMember ELK

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201854408

Indiana Regional MLS

APN: 53-05-34-425-019.000-005

Indiana Monroe County Bloomington 47408 Green Acres

212 S Roosevelt St, Bloomington, IN

Not Listed for Sale

MultiFamily

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Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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