NOT LISTED FOR SALE

221 E Ellis Rd Bloomington, IN 47408

Estimated Value: $163,000 - $223,000

4 Beds
2 Baths
1,865 Sq Ft
$103/Sq Ft Est. Value

Last Sold May 24, 2018

Last sale price $102,000 $55 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,185/month

22 Days on Market

Highlights

  • Partially Wooded Lot
  • Eat-In Kitchen
  • Ceiling Fan
  • Marlin Elementary School Rated A
  • Laundry in Utility Room
  • Baseboard Heating

About This Home

As of May 2018

Limestone duplex is a great investment opportunity on the north side of Bloomington. Continue to use as a rental or live in half and rent the other side! Each of the 2 units has 2 bedrooms and one bath all on one level with attached carport areas. Recent vinyl in kitchen and baths, refinished hardwood in living area and bedrooms. Tenants pay all utilities except water!

Last Buyer's Agent

Jan Deckard

ABACUS Realty & Management

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,799

Year Built

  • Built in 1964

Lot Details

  • 0.58 Acre Lot
  • Lot Dimensions are 125x194
  • Partially Wooded Lot

Home Design

  • Duplex
  • Stone Exterior Construction

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Laminate Flooring
  • Laundry in Utility Room
  • Partially Finished Basement

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Garage
  • Carport

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for cable, electric, lawn maintenance, sewer, trash collection
  • The owner pays for water
  • Assessor Parcel Number 53-05-04-200-005.000-004

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Water Sewer Expense $840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,799

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1964
  • Age: 54
  • Style: One Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 012-20280-00 Pt Se Nw 4-9-1W .58A; Plat 38 |
  • Parcel Number ID: 53-05-04-200-005.000-004
  • Platted: Yes
  • Amenities: Ceiling Fan, Countertops-Laminate, Eat-In Kitchen, Water Heater Electric
  • Sp Lp Percent: 92.81
  • Annual Miscellaneous: 100
  • Monthly Gross Income: 1300
  • Special Features: None

Interior Features

  • Total Sq Ft: 2796
  • Total Finished Sq Ft: 1865
  • Above Grade Finished Sq Ft: 1865
  • Below Grade Sq Ft: 931
  • Price Per Sq Ft: 54.69
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Flooring: Laminate
  • Total Below Grade Sq Ft: 931
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Stone
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Cooling: Window
  • Heating Fuel: Baseboard
  • Sewer: Public
  • Water Utilities: Public
  • Annual Insurance Expense: 1000
  • Annual Water Sewer Expense: 840
  • Number Electric Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 1

Schools

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

Lot Info

  • Lot Description: Partially Wooded
  • Lot Dimensions: 125x194
  • Estimated Lot Sq Ft: 25265
  • Estimated Lot Size Acres: 0.58

Rental Info

  • Lease Term: Negotiable
  • Owner Pays: Water
  • Tenant Pays: Cable, Electric, Lawn Maintenance, Sewer, Trash Collection

Multi Family

  • Gross Monthly Rent: 1300
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 1799

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2018
Closed on
May 24, 2018
Sold by
Howard Williams
Bought by
Deckard Livia
Buyer's Agent
Jan Deckard
ABACUS Realty & Management
List Price
$109,900
Sold Price
$102,000
Premium/Discount to List
-$7,900
-7.19%
Current Estimated Value
$189,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,399
Avg. Annual Appreciation
8.86%

Purchase Details

Closed on
May 20, 2008
Sold by
Innamorati Chester J
Bought by
Williams Howard N and Williams Lindsey R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,600
Interest Rate
6.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2005
Sold by
Grooms Kenneth B and Grooms Karen L
Bought by
Innamorati Chester J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.8%
Mortgage Type
New Conventional
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
Deckard Livia $102,000 --
Deckard Livia C $102,000 John Bethell Title Company Inc
Williams Howard N -- None Available
Innamorati Chester J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Howard N $85,400
Previous Owner Williams Howard N $84,600
Previous Owner Innamorati Chester J $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2018 05/24/18 Sold $102,000 -7.2% $55 / Sq Ft
04/25/2018 04/25/18 For Sale $109,900 -- $59 / 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 $1,781 $194,100 $43,100 $151,000
2023 $1,725 $184,600 $41,500 $143,100
2022 $1,448 $170,100 $41,500 $128,600
2021 $1,197 $138,700 $29,000 $109,700
2020 $1,087 $124,700 $24,900 $99,800
2019 $968 $113,400 $16,600 $96,800
2018 $1,005 $113,400 $16,600 $96,800
2017 $1,799 $111,800 $16,600 $95,200
2016 $2,086 $111,800 $16,600 $95,200
2014 $1,674 $114,700 $16,600 $98,100
Source: Public Records

Agents Affiliated with this Home

  • Jan Deckard

    Buyer's Agent in 2018

    Jan Deckard

    ABACUS Realty & Management

    (812) 327-5732

    21 Total Sales

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Map

Source: Indiana Regional MLS

MLS Number: 201816222

Indiana Regional MLS

APN: 53-05-04-200-005.000-004

Indiana Monroe County Bloomington 47408

221 E Ellis Rd, Bloomington, IN

This home is located at 221 E Ellis Rd, Bloomington, IN 47408 since 25 April 2018 and is currently estimated at $192,680, approximately $103 per square foot. This property was built in 1964. 221 E Ellis Rd is a home located in Monroe County with nearby schools including Marlin Elementary School, Tri-North Middle School, and Bloomington High School North.

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 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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