NOT LISTED FOR SALE

216 E Burks Dr Bloomington, IN 47401

Estimated Value: $365,166 - $465,000

9 Beds
7 Baths
6,424 Sq Ft
$64/Sq Ft Est. Value

Sale Details

Date Sold: March 24, 2017

Last sale price $235,000 $37 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,798 / mo

77 Days on Market

Highlights

  • Corner Lot
  • Balcony
  • Laundry in Utility Room
  • Jackson Creek Middle School Rated A
  • 2 Car Attached Garage
  • Landscaped

About This Home

As of March 2017

A fantastic return on investment is found in this SE side Bloomington duplex! Currently rented for $2,625/mo unit 216 is a 5bd 3.5ba 2 car, and 218 is 4bd 2.5ba 2car-this is a tremendous amount of space and revenue for this super location. Great rental history and condition as well. Do the math and don’t miss this super return on investment!

Last Agent to Sell the Property

Andy Walker

RE/MAX Acclaimed Properties Listed on: 11/09/2016

RE/MAX Acclaimed Properties

Co-Listed By

Amy Rhoda

Revestco, LLC

Last Buyer's Agent

Scott Newland

Brawley Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,000

Year Built

  • Built in 1995

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 110x90
  • Landscaped
  • Corner Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Laundry in Utility Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 9 Bedrooms

Finished Basement

  • Block Basement Construction
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Schools

  • Templeton Elementary School
  • Batchelor Middle School
  • Bloomington South High School

Utilities

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

Additional Features

  • Balcony
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, fuel, heating, parking, sewer
  • The owner pays for building insurance, lawn maintenance, snow removal, tax
  • Assessor Parcel Number 53-08-16-301-001.000-009

Community Details

Overview

  • 2 Units
  • Walnut Springs Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $2,500
  • Maintenance Expense $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,000

Year Built

Built in 1995

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1995
  • Style: Two Story
  • Bedrooms: 9
  • Total Bathrooms: 7
  • Total Full Bathrooms: 5
  • Total Number of Half Bathrooms: 2
  • Legal Description: 015-22040-36 Walnut Springs Ph I Lot 36 |
  • Parcel Number ID: 53-08-16-301-001.000-009
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Off Street Parking, Balcony, Cable Available, Cable Ready, Landscaped
  • Location: City/Town/Suburb
  • Number Below Grade Bedrooms: 1
  • Special Features: None

Interior Features

  • Total Sq Ft: 6424
  • Total Finished Sq Ft: 6424
  • Above Grade Finished Sq Ft: 5009
  • Below Grade Finished Sq Ft: 1415
  • Basement: Yes
  • Basement Foundation: Finished, Partial Basement
  • Basement Material: Block
  • Flooring: Carpet, Laminate
  • Number Below Grade Bathrooms: 1
  • Total Below Grade Sq Ft: 1415
  • Number Of Disposals: 2
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Brick, Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Garage, Off Street, Paved

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 2500
  • Annual Maintenance Expense: 1000
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 2

Schools

  • Elementary School: Templeton

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 110x90
  • Estimated Lot Sq Ft: 10019
  • Estimated Lot Size Acres: 0.23

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance, Snow Removal, Tax
  • Tenant Pays: Cable, Cooling, Electric, Fuel, Heating, Parking, Sewer

Tax Info

  • Exemptions: Mortgage
  • Annual Property Tax: 5000

Multi Family

  • Number Of Dishwashers: 2
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Number Of 4 Bedrooms: 2

MLS Schools

  • High School: Bloomington South
  • Middle School: Batchelor
  • School District: Monroe County Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2021
Sold by
Newland Scott L
Bought by
Dawa Rentals Llc
Current Estimated Value
$408,792

Purchase Details

Listed on
Nov 9, 2016
Closed on
Mar 24, 2017
Sold by
Fetsis John P
Bought by
Newland Scott L
Seller's Agent
Andy Walker
RE/MAX Acclaimed Properties
Buyer's Agent
Scott Newland
Brawley Real Estate
List Price
$244,900
Sold Price
$235,000
Premium/Discount to List
-$9,900
-4.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.32%
Original Mortgage
$230,743
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 20, 2013
Sold by
Smith Paulette V
Bought by
Fetsis John P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
4.14%
Mortgage Type
Purchase Money 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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Purchase History

Date Buyer Sale Price Title Company
Dawa Rentals Llc -- None Available
Newland Scott L $235,000 John Bethell Title
Fetsis John P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Newland Scott L $230,743
Previous Owner Fetsis John P $168,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2017 03/24/17 Sold $235,000 -4.0% $37 / Sq Ft
01/25/2017 01/25/17 Pending -- -- --
11/09/2016 11/09/16 For Sale $244,900 0.0% $38 / Sq Ft
07/26/2013 07/26/13 Rented $1,500 -14.3% --
07/26/2013 07/26/13 Under Contract -- -- --
03/01/2013 03/01/13 For Rent $1,750 -- --
Source: Indiana Regional MLS

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
2025 $7,159 $352,100 $22,700 $329,400
2024 $7,159 $349,700 $22,700 $327,000
2023 $3,662 $346,100 $22,700 $323,400
2022 $6,339 $313,100 $22,700 $290,400
2021 $4,171 $289,200 $22,700 $266,500
2020 $3,750 $265,000 $18,300 $246,700
2019 $3,136 $223,900 $18,300 $205,600
2018 $3,036 $217,700 $22,400 $195,300
2017 $3,015 $216,100 $22,400 $193,700
2016 $4,423 $216,100 $22,400 $193,700
2014 $4,853 $236,100 $22,400 $213,700
Source: Public Records

Agents Affiliated with this Home

  • Andy Walker

    Seller's Agent in 2017

    Andy Walker

    RE/MAX

    (812) 325-1290

    252 Total Sales

    Andy Walker
    Section Image

  • A

    Seller Co-Listing Agent in 2017

    Amy Rhoda

    Revestco, LLC

    (812) 583-0919

    73 Total Sales

    Amy Rhoda
    Section Image
  • Scott Newland

    Buyer's Agent in 2017

    Scott Newland

    Brawley Real Estate

    (812) 345-3317

    47 Total Sales

    Scott Newland
    Section Image
  • Linda Kidwell

    Seller's Agent in 2013

    Linda Kidwell

    Camelot Realty Group

    (812) 825-4234

    10 Total Sales

    Linda Kidwell
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201651269

Indiana Regional MLS

APN: 53-08-16-301-001.000-009

Indiana Monroe County Bloomington 47401

216 E Burks Dr, Bloomington, IN

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Based on information submitted to the MLS GRID

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