NOT LISTED FOR SALE

2309 N Headley Rd Bloomington, IN 47408

Estimated Value: $293,000 - $345,000

5 Beds
2 Baths
2,740 Sq Ft
$119/Sq Ft Est. Value

Last Sold March 07, 2019

Last sale price $200,000 $73 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,106/month

17 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Wood Siding
  • University Elementary School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of March 2019

Investment opportunity. Great location just off 45/46 Bypass yet in a secluded setting. You'll find tenants with ease year after year. Charming rental with vintage details in this unique cozy A-frame home that is backed by mature trees. It is set up as a duplex. The main level features a woodsy comfort with the wall of windows bringing light and the outside in. The upper level kitchen has parquet wood flooring, tiled counters and stainless steal appliances. It flanks the living room with wood stove for easy entertaining. On warm days, tenants can enjoy grilling on the newly replaced deck spanning the length of the house. The deck overlooks a small creek and wooded area for privacy. Above the living room is a loft and large bedroom flooded with light and warmth. Two other upper level bedrooms boast interesting ceiling angles, tongue and groove walls and spacious closets. The lower level, accessed by interior stairs or its own dedicated exterior ground level entry is a separate unit. It features a quaint kitchen with bar, two bedrooms, a full bath. It could also be used as a single unit with in-law suite. The Headley location is convenient to campus and is on the North East side of the IU Stadium placing it close to shopping with easy access to 37/69. Beautiful Lake Griffy Nature Preserve boat dock and trails are around the corner for recreation and exercise. There are multiple parking spaces. Occupancy Permit is for 6 (3 on each level). Schedule to see this unique property today.

Last Agent to Sell the Property

Rachel LaGrange

Griffin Realty Holdings LLC Listed on: 02/15/2019

Co-Listed By

Don Griffin

Griffin Realty Holdings LLC

Last Buyer's Agent

Gigi Larmour-Goldin

RE/MAX Acclaimed Properties

RE/MAX Acclaimed Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,603

Year Built

  • Built in 1963

Lot Details

  • 0.27 Acre Lot
  • Sloped Lot

Parking

  • 5 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 2.5-Story Property
  • Vaulted Ceiling
  • Fire and Smoke Detector

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Block Basement Construction
  • 1 Bathroom in Basement
  • 2 Bedrooms in Basement

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Septic System

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, heating, water
  • The owner pays for building insurance, tax
  • Assessor Parcel Number 53-05-27-200-049.000-005

Community Details

Pet Policy

  • Pets Allowed with Restrictions

Additional Features

  • 2 Units
  • Insurance Expense $677

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,603

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1963
  • Bedrooms: 5
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 013-19875-00 Pt W 1/2 NW 27-9-1W (.27A) Plat 81
  • Parcel Number ID: 53-05-27-200-049.000-005
  • Platted: Yes
  • Amenities: Ceilings-Vaulted, Deck Open, Detector-Smoke, Water Heater Gas
  • Number Below Grade Bedrooms: 2
  • Road Surface: Gravel
  • Special Features: None

Interior Features

  • Total Sq Ft: 2740
  • Total Finished Sq Ft: 2740
  • Above Grade Finished Sq Ft: 1620
  • Below Grade Finished Sq Ft: 1120
  • Basement: Yes
  • Basement Foundation: Walk-Out Basement
  • Basement Material: Block
  • Flooring: Carpet, Vinyl, Wood
  • Main Level Sq Ft: 1120
  • Number Below Grade Bathrooms: 1
  • Total Below Grade Sq Ft: 1120
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 3

Exterior Features

  • Exterior: Brick, Wood
  • Stories: 2.5

Garage/Parking

  • Number Of Parking Spaces: 5

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: City
  • Annual Insurance Expense: 677.49
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • Elementary School: University

Lot Info

  • Lot Description: Slope
  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 11761
  • Estimated Lot Size Acres: 0.27
  • Expiration Of Permit: 07/31/2021

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Tax
  • Tenant Pays: Cable, Cooling, Electric, Heating, Water

Tax Info

  • Annual Property Tax: 3603.35

Multi Family

  • Number Of Dishwashers: 1
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 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

Listed on
Feb 15, 2019
Closed on
Mar 7, 2019
Sold by
Metzger Plummer Charles M and Metzger Plummer M Jane
Bought by
Cream & Crimson Management Llc
Seller's Agent
Rachel LaGrange
Griffin Realty Holdings LLC
Buyer's Agent
Gigi Larmour-Goldin
RE/MAX Acclaimed Properties
List Price
$249,000
Sold Price
$200,000
Premium/Discount to List
-$49,000
-19.68%
Current Estimated Value
$325,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,464
Avg. Annual Appreciation
7.35%

Purchase Details

Closed on
Jul 11, 2018
Sold by
Plummer Charles M and Jane Plummer M
Bought by
Plummer Charles M and Jane Metzger Plummer M

Purchase Details

Closed on
Mar 1, 2006
Sold by
Peters Jon C and Cluver Yara F
Bought by
Cluver Yara F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,600
Interest Rate
6.2%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Cream & Crimson Management Llc $200,000 Titleplus
Plummer Charles M -- None Available
Cluver Yara F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cluver Yara F $105,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2019 03/07/19 Sold $200,000 -19.7% $73 / Sq Ft
03/04/2019 03/04/19 Pending -- -- --
02/15/2019 02/15/19 For Sale $249,000 -- $91 / 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 $4,846 $236,200 $21,800 $214,400
2023 $4,773 $225,000 $21,000 $204,000
2022 $4,149 $204,500 $21,000 $183,500
2021 $3,899 $187,700 $15,700 $172,000
2020 $3,857 $186,900 $15,700 $171,200
2019 $2,466 $117,300 $15,700 $101,600
2018 $2,373 $112,600 $15,700 $96,900
2017 $2,338 $110,700 $15,700 $95,000
2016 $2,301 $110,700 $15,700 $95,000
2014 $2,269 $108,800 $15,700 $93,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201905314

Indiana Regional MLS

APN: 53-05-27-200-049.000-005