NOT LISTED FOR SALE

2301 N Martha St Bloomington, IN 47408

Estimated Value: $439,000 - $464,000

5 Beds
3 Baths
2,944 Sq Ft
$153/Sq Ft Est. Value

Last Sold October 16, 2015

Last sale price $245,000 $83 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $2,626/month

19 Days on Market

Highlights

  • Spa
  • Open Floorplan
  • Backs to Open Ground
  • Marlin Elementary School Rated A
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of October 2015

LOCATION! LOCATION! LOCATION! This 5 bedroom/3 bath home features nearly 3,000 square feet of living space and is just moments from the IU Stadium and Assembly Hall. Large, open concept kitchen and living room, spacious rec room, one bedroom and full bath on the main level and 4 more bedrooms with 2 Jack & Jill baths on the upper level plus a laundry closet. The lot is .84 acre and includes plenty of parking, a detached 2 car garage, a huge backyard that is partially fenced, a utility shed for lawn equipment and a wood deck that includes a hot tub. All kitchen appliances (including 2 refrigerators) and the washer & dryer are included. *Possession subject to tenants rights. *Property is also listed for sale as a Residential Property, MLS #201542381.

Last Agent to Sell the Property

Ron Plecher

Realty Professionals Listed on: 09/10/2015

Realty Professionals

Last Buyer's Agent

Jason Millican

Jason Millican Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,618

Year Built

  • Built in 2004

Lot Details

  • 0.84 Acre Lot
  • Lot Dimensions are 127 x 286
  • Backs to Open Ground
  • Partially Fenced Property

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Entrance Foyer
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Utility Sink

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Jack-and-Jill Bathroom
  • 3 Full Bathrooms
  • Double Vanity
  • Whirlpool Bathtub

Parking

  • 5 Car Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Spa
  • Shed

Location

  • Suburban Location

Schools

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

Utilities

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

Listing and Financial Details

  • Tenant pays for cable, cooling, deposit value, electric, heating, lawn maintenance, sewer, trash collection, water
  • The owner pays for building insurance, maintenance, snow removal, tax
  • Assessor Parcel Number 53-05-28-200-003.000-005

Community Details

Overview

  • Northeast Bloomington City Subdivision

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,800
  • Fuel Expense $900
  • Insurance Expense $1,000
  • Maintenance Expense $500
  • Water Sewer Expense $720

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,618

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 2004
  • Age: 11
  • Style: Two Story
  • Architectural Style: Contemporary
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: 013-38350-02 Matlock Rd Lot 2 (.84 Acre) State ID #53-05-28-200-003.000-005 |
  • Parcel Number ID: 53-05-28-200-003.000-005
  • Platted: Yes
  • Amenities: Ceiling Fan, Fireplace, Hot Tub/Spa, Off Street Parking, Breakfast Bar, Cable Ready, Deck Open, Detector-Smoke, Foyer Entry, Garage Door Opener, Jet Tub, Open Floor Plan, Twin Sink Vanity, Utility Sink, Water Heater Gas, Jack & Jill Bath
  • Cross Street: 45/46 Bypass
  • Grid: Northeast Monroe County-B000
  • Inside City Limits: Yes
  • Location: City/Town/Suburb, Near College Campus
  • Road Access: City
  • Road Surface: Paved
  • Sp Lp Percent: 98.04
  • Zoning Description: Residential
  • Monthly Gross Income: 2375
  • Year Taxes Payable: 2015
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 2944
  • Total Finished Sq Ft: 2944
  • Above Grade Finished Sq Ft: 2944
  • Price Per Sq Ft: 83.22
  • Basement Foundation: Crawl
  • Flooring: Carpet, Tile, Wood
  • Main Level Sq Ft: 1472
  • Number Of Disposals: 1
  • Number Of Microwaves: 1
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Fence: Partial
  • Stories: 2
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 80

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 5
  • Parking: Off Street, Paved

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Water Company: Bloomington City Utility
  • Cable Company: Comcast
  • Annual Electric: 1800
  • Annual Fuel Expense: 900
  • Annual Insurance Expense: 1000
  • Annual Maintenance Expense: 500
  • Annual Water Sewer Expense: 720
  • 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: Marlin
  • Middle School: Tri-North
  • High School: Bloomington North
  • Elementary School: Marlin

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 127 x 286
  • Estimated Lot Sq Ft: 36590
  • Estimated Lot Size Acres: 0.84
  • Lot Number: 2
  • Expiration Of Permit: 10/28/2019

Rental Info

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

Multi Family

  • Gross Monthly Rent: 2375
  • Number Of Dishwashers: 1
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 1
  • Number Of Washers: 1
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 4618

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
Sep 1, 2023
Sold by
Trine Jamie
Bought by
Kennedy Trine
Current Estimated Value
$450,866

Purchase Details

Closed on
Jun 30, 2022
Sold by
Trine Barry
Bought by
Trine Jamie

Purchase Details

Listed on
Sep 10, 2015
Closed on
Oct 9, 2015
Sold by
Soderlund Michelle M and Soderlund Matthew D
Bought by
Trine Barry and Trine Jamie
Seller's Agent
Ron Plecher
Realty Professionals
Buyer's Agent
Jason Millican
Jason Millican Group
List Price
$249,900
Sold Price
$245,000
Premium/Discount to List
-$4,900
-1.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.26%

Purchase Details

Closed on
May 30, 2013
Sold by
Brewer Derk
Bought by
Soderlund Michelle M and Soderlund Matthew D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
3.38%
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
Kennedy Trine $250,000 Rothberg Logan & Warsco Llp
Kennedy Trine $250,000 Rothberg Logan & Warsco Llp
Trine Jamie -- Cross Glazier Reed Burroughs P
Trine Barry -- None Available
Soderlund Michelle M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Soderlund Michelle M $182,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2015 10/16/15 Sold $245,000 -2.0% $83 / Sq Ft
09/29/2015 09/29/15 Pending -- -- --
09/10/2015 09/10/15 For Sale $249,900 -- $85 / 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 $3,136 $299,200 $39,800 $259,400
2023 $1,512 $291,600 $38,300 $253,300
2022 $2,961 $276,000 $38,300 $237,700
2021 $2,405 $228,700 $28,700 $200,000
2020 $2,369 $227,600 $28,700 $198,900
2019 $2,392 $226,100 $28,700 $197,400
2018 $2,324 $219,200 $28,700 $190,500
2017 $2,331 $219,400 $28,700 $190,700
2016 $2,310 $221,500 $28,700 $192,800
2014 $4,618 $221,400 $28,700 $192,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201543311

Indiana Regional MLS

APN: 53-05-28-200-003.000-005