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Seller's Agent in 2023
Erin Freund
Owens Realty Group
Estimated Value: $450,000 - $490,481
Superb location and endless possibilities!! Perfect for an investor or medical professional! See cross listed commercial listing. This property is within blocks of both IU's campus, downtown Bloomington as well as the College Mall and all east side amenities. Currently being used as a medical office as a "non conforming use," it is zoned Residential Urban. A buyer would have the option to continue its use as a medical office per the terms listed below and in the UDO. Or it can be converted back to residential use per approved modifications in the UDO. Property is zoned "Residential Urban R4" per the Urban Development Ordinance. Residential Urban use has Limited Compliance requirements per UDO pgs. 352-354; p. 415 in order to convert the property back to residential vs its current medical use. Medical Purpose: Property is currently a dentist office and continued "non conforming use" as a medical clinic is allowable per UDO 20.06.090 (pgs. 347-349) as long as that use commences within one year of the current medical use ceasing. Per UDO 20.07.010 (pg. 394), medical clinic use includes but is not limited to "A health care facility where patients are admitted for examination or treatment on an outpatient basis by one or more physicians, dentists, or other medical personnel, psychologists, social workers, and where patients are not lodged overnight." Current dental office is fully outfitted with dental equipment, which is negotiable or will be removed.
Last Agent to Sell the Property
Erin Freund
Owens Realty Group Listed on: 03/06/2023
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kumar Pooja | $477,500 | Titleplus! | |
| City Of Bloomington | -- | None Available |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/12/2023 04/12/23 | Sold | $477,500 | -4.3% | $282 / Sq Ft |
| 03/06/2023 03/06/23 | For Sale | $499,000 | -- | $295 / Sq Ft |
| 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 | $5,568 | $271,400 | $160,300 | $111,100 |
| 2023 | $5,437 | $256,300 | $160,300 | $96,000 |
| 2022 | $5,022 | $247,500 | $160,300 | $87,200 |
| 2021 | $4,757 | $229,000 | $160,300 | $68,700 |
| 2020 | $4,725 | $229,000 | $160,300 | $68,700 |
| 2019 | $4,892 | $231,200 | $160,300 | $70,900 |
| 2018 | $4,917 | $231,200 | $160,300 | $70,900 |
| 2017 | $4,885 | $230,000 | $160,300 | $69,700 |
| 2016 | $4,780 | $230,000 | $160,300 | $69,700 |
| 2014 | $4,760 | $228,200 | $160,300 | $67,900 |
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Seller's Agent in 2023
Erin Freund
Owens Realty Group
Buyer's Agent in 2023
Ian Holtson
Owens Realty Group
(765) 432-4017
1 in this area
8 Total Sales
Source: Indiana Regional MLS
MLS Number: 202306419
APN: 53-05-34-426-010.000-005