NOT LISTED FOR SALE

221 E 16th St Bloomington, IN 47408

Estimated Value: $581,000 - $903,000

3 Beds
2 Baths
2,761 Sq Ft
$242/Sq Ft Est. Value

Last Sold June 19, 2019

Last sale price $170,000 $62 Per Sq Ft

Est. 293% increase in value since last sale

Current estimated payment $4,352/month

Highlights

  • Wood Flooring
  • Corner Lot
  • Ceiling Fan
  • University Elementary School Rated A
  • Forced Air Heating System
  • 5-minute walk to Miller-Showers Park

About This Home

As of June 2019

This home is located at 221 E 16th St, Bloomington, IN 47408 since 08 June 2019 and is currently estimated at $668,335, approximately $242 per square foot. This property was built in 1920. 221 E 16th St is a home located in Monroe County with nearby schools including University Elementary School, Tri-North Middle School, and Bloomington High School North.

Last Agent to Sell the Property

Melissa Murphy

Century 21 Scheetz - Bloomington Listed on: 06/08/2019

Century 21 Scheetz - Bloomington

Last Buyer's Agent

Jeff Brawley

Brawley Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,121

Year Built

  • Built in 1920

Lot Details

  • 6,926 Sq Ft Lot
  • Lot Dimensions are 56x124
  • Corner Lot
  • Level Lot

Home Design

  • Duplex

Interior Spaces

  • 2,761 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Crawl Space
  • Laminate Countertops
  • Washer Hookup

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • University Elementary School
  • Tri-North Middle School
  • Bloomington North High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Tenant pays for electric
  • The owner pays for sewer, water
  • Assessor Parcel Number 53-05-33-202-021.000-005

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Water Meter
  • Insurance Expense $890
  • Water Sewer Expense $480

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,121

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1920
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 013-24870-00 FULWIDERS LOT 59
  • Parcel Number ID: 53-05-33-202-021.000-005
  • Platted: Yes
  • Amenities: Ceiling Fan, Cable Available, Cable Ready, Countertops-Laminate, Water Heater Electric, Washer Hook-Up
  • Inside City Limits: Yes
  • Special Features: None

Interior Features

  • Total Sq Ft: 2761
  • Total Finished Sq Ft: 2761
  • Above Grade Finished Sq Ft: 2761
  • Basement Foundation: Crawl
  • Flooring: Carpet, Laminate, Wood
  • Number Of Ranges Ovens: 2

Exterior Features

  • Stories: 2

Utilities

  • Cooling: Window
  • Heating Fuel: Forced Air
  • Sewer: Public
  • Water Utilities: Public
  • Annual Insurance Expense: 889.92
  • Annual Water Sewer Expense: 480
  • Number Electric Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 1

Condo/Co-op/Association

  • Common Amenities: Sidewalks

Schools

  • Elementary School: University

Lot Info

  • Lot Description: Corner, Level, 0-2.9999
  • Lot Dimensions: 56x124
  • Estimated Lot Sq Ft: 6926
  • Estimated Lot Size Acres: 0.159

Rental Info

  • Owner Pays: Sewer, Water
  • Tenant Pays: Electric

Tax Info

  • Exemptions: Homestead
  • Annual Property Tax: 2121.24

Multi Family

  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1

MLS Schools

  • High School: Bloomington North
  • Middle School: Tri-North
  • School District: Monroe County Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2020
Sold by
Porch Swing Homes Llc
Bought by
Patane Steven and Patane Leslie
Current Estimated Value
$668,335

Purchase Details

Closed on
Apr 3, 2020
Sold by
Bmi Properties Llc
Bought by
Porch Sweing Homers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
3.4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jun 8, 2019
Closed on
Jun 19, 2019
Sold by
Miioszewicz Jeremy and Calahan Lili
Bought by
Bmi Properties Llc
Seller's Agent
Melissa Murphy
Century 21 Scheetz - Bloomington
Buyer's Agent
Jeff Brawley
Brawley Real Estate
List Price
$178,500
Sold Price
$170,000
Premium/Discount to List
-$8,500
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.25%

Purchase Details

Closed on
Jul 17, 2010
Sold by
Miloszewicz Jeremy
Bought by
Miloszewicz Jeremy and Calahan Lili
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Patane Steven $425,000 John Bethell Title Company, In
Porch Sweing Homers Llc $170,000 John Bethell Title Company, In
Bmi Properties Llc $170,000 John
Miloszewicz Jeremy -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Porch Sweing Homers Llc $127,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2019 06/19/19 Sold $170,000 -4.8% $62 / Sq Ft
06/08/2019 06/08/19 Pending -- -- --
06/08/2019 06/08/19 For Sale $178,500 -- $65 / 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 $10,326 $503,300 $84,700 $418,600
2023 $10,274 $484,300 $81,500 $402,800
2022 $9,072 $447,100 $81,500 $365,600
2021 $9,068 $436,500 $54,300 $382,200
2020 $3,405 $165,000 $48,900 $116,100
2019 $2,182 $162,100 $48,900 $113,200
2018 $2,121 $158,200 $48,900 $109,300
2017 $1,803 $148,300 $39,100 $109,200
2016 $1,682 $143,100 $39,100 $104,000
2014 $1,608 $138,400 $39,100 $99,300
Source: Public Records

Agents Affiliated with this Home

  • Melissa Murphy

    Seller's Agent in 2019

    Melissa Murphy

    Century 21 Scheetz - Bloomington

    (812) 327-6162

    85 Total Sales

    Melissa Murphy
    Section Image
  • Jeff Brawley

    Buyer's Agent in 2019

    Jeff Brawley

    Brawley Real Estate

    (812) 327-5331

    70 Total Sales

    Jeff Brawley
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201923556

Indiana Regional MLS

APN: 53-05-33-202-021.000-005

Indiana Monroe County Bloomington 47408

221 E 16th St, Bloomington, IN

Not Listed for Sale

MultiFamily

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