NOT LISTED FOR SALE

2221 E 7th St Bloomington, IN 47408

Green Acres Neighborhood

Estimated Value: $305,000 - $344,908

3 Beds
1.5 Baths
1,680 Sq Ft
$195/Sq Ft Est. Value

Last Sold April 19, 2023

Last sale price $300,000 $179 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,061/month

6 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Forced Air Heating and Cooling System
  • University Elementary School Rated A

About This Home

As of April 2023

This 3 story home is a 3 bed, 1.5 bath is located on the east side of Indiana University campus, north of 3rd Street. It is near the 45/46 Bypass and College Mall. Main level includes living room, big dining room, kitchen, 2 main level bedrooms and 1 full bath. Top level includes a loft bedroom with a half bath. Basement includes a wash/dryer and plenty of room for entertaining. This home also includes off street parking with a carport. New A/C in 2022. Currently leased through 7/18/2024. 24-hour notice required for showings. Subject to tenants' rights.

Last Listed By

Matt Carter

Mackie Properties Listed on: 03/21/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,745

Year Built

  • Built in 1940

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 63x100
  • Corner Lot

Home Design

  • Shingle Roof

Interior Spaces

  • 1.5-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Luxury Vinyl Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 3 Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Schools

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

Additional Features

  • Suburban Location
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, heating, lawn maintenance, sewer, snow removal, trash collection, water
  • The owner pays for building insurance, maintenance, tax
  • Assessor Parcel Number 53-05-34-412-004.000-005

Community Details

Overview

  • Highland Homes Subdivision

Pet Policy

  • Pet Restriction

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,745

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1940
  • Age: 83
  • Style: One and Half Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: 013-47540-00 HIGHLAND HOMES BLK O E1/2 LOTS 18-21
  • Parcel Number ID: 53-05-34-412-004.000-005
  • Platted: Yes
  • Amenities: Basement
  • Inside City Limits: Yes
  • Location: City/Town/Suburb, Near College Campus
  • Sp Lp Percent: 105.26
  • Monthly Gross Income: 1762
  • Year Taxes Payable: 2023
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 2544
  • Total Finished Sq Ft: 1680
  • Above Grade Finished Sq Ft: 1680
  • Below Grade Sq Ft: 864
  • Price Per Sq Ft: 178.57
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Carpet, Vinyl Tile, Wood, Vinyl
  • Total Below Grade Sq Ft: 864
  • Number Of Disposals: 1
  • Number Of Ranges Ovens: 1
  • Number Ttl Rooms Below Grade: 2

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Shingle
  • Stories: 1.5

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 3
  • Parking: Gravel, Off Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Water Company: Bloomington City Utility
  • 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

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 63x100
  • Estimated Lot Sq Ft: 6098
  • Estimated Lot Size Acres: 0.14
  • Expiration Of Permit: 11/10/2023

Rental Info

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

Multi Family

  • Gross Monthly Rent: 1706
  • Number Of Dishwashers: 1
  • Number Of Dryers: 1
  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Number Of Washers: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 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

Listed on
Mar 21, 2023
Closed on
Apr 19, 2023
Sold by
Eckhart Consulting Llc
Bought by
Weybright Butler V Llc
Seller's Agent
Matt Carter
Mackie Properties
Buyer's Agent
Jeff Warden
RE/MAX Realty Professionals
List Price
$285,000
Sold Price
$300,000
Premium/Discount to List
$15,000
5.26%
Total Days on Market
6
Views
1
Current Estimated Value
$327,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,227
Avg. Annual Appreciation
5.06%

Purchase Details

Listed on
May 22, 2012
Closed on
Sep 5, 2012
Sold by
Fox Fraya
Bought by
Eckhart Consulting Llc
Seller's Agent
Matt Carter
Mackie Properties
Buyer's Agent
Matt Carter
Mackie Properties
List Price
$175,000
Sold Price
$155,000
Premium/Discount to List
-$20,000
-11.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.42%

Range of Values:

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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
Weybright Butler V Llc $300,000 John Bethel Title Company
Eckhart Consulting Llc -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2023 04/19/23 Sold $300,000 +5.3% $179 / Sq Ft
03/21/2023 03/21/23 For Sale $285,000 0.0% $170 / Sq Ft
07/31/2016 07/31/16 Under Contract -- -- --
10/31/2014 10/31/14 For Rent $1,265 0.0% --
10/31/2014 10/31/14 Rented $1,265 0.0% --
09/06/2012 09/06/12 Sold $155,000 -11.4% $86 / Sq Ft
08/06/2012 08/06/12 Pending -- -- --
05/22/2012 05/22/12 For Sale $175,000 -- $97 / 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
2023 $2,745 $258,800 $81,800 $177,000
2022 $4,886 $240,800 $81,800 $159,000
2021 $4,113 $198,000 $64,400 $133,600
2020 $4,024 $195,000 $60,900 $134,100
2019 $3,223 $153,300 $45,200 $108,100
2018 $3,612 $171,400 $66,500 $104,900
2017 $3,415 $161,700 $61,300 $100,400
2016 $3,230 $155,400 $61,300 $94,100
2014 $3,031 $145,300 $61,300 $84,000
Source: Public Records

Agents Affiliated with this Home

  • Matt Carter

    Seller's Agent in 2023

    Matt Carter

    Mackie Properties

    (812) 606-1020

    1 in this area

    8 Total Sales

    Matt Carter
    Section Image
  • Jeff Warden

    Buyer's Agent in 2023

    Jeff Warden

    RE/MAX

    (812) 340-4604

    4 in this area

    40 Total Sales

    Jeff Warden
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202308267

Indiana Regional MLS

APN: 53-05-34-412-004.000-005

Indiana Monroe County Bloomington 47408 Green Acres

2221 E 7th St, Bloomington, IN

Homes for Sale in Bloomington, IN

This home is located at 2221 E 7th St, Bloomington, IN 47408 since 21 March 2023 and is currently estimated at $327,227, approximately $194 per square foot. This property was built in 1940. 2221 E 7th St is a home located in Monroe County with nearby schools including University 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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