NOT LISTED FOR SALE

2327 E 7th St Bloomington, IN 47408

Green Acres Neighborhood

Estimated Value: $242,000 - $308,000

3 Beds
1 Bath
1,188 Sq Ft
$226/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $180,000 $152 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,770/month

48 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • University Elementary School Rated A
  • 1-Story Property

About This Home

As of June 2021

3 BR 1 Bath investment property leased until August 2022. Features include bright spacious rooms, good layout, hardwood floors, and a great location only blocks east of the IU campus and close to the new IU Health Hospital/medical campus! Also convenient to Kroger and eastside shopping, restaurants, and amenities. House has good bones, but has been a rental for many years and is in need of updates. House will be sold "as is". The roof, windows, and HVAC are all older. Great opportunity for the right buyer to make an investment in a core neighborhood with appreciating property values! Additional info: Leased until July 2021 for $1260/month, then until August 2022 for $1350/month. (New owner must honor leases.) Valid rental occupancy permit for 3 unrelated adults is in the process of being renewed.

Last Agent to Sell the Property

Lynne Chang

RE/MAX Acclaimed Properties Listed on: 04/21/2021

RE/MAX Acclaimed Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,659

Year Built

  • Built in 1950

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 60 x 100

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Living Room with Fireplace
  • Wood Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 53-05-34-413-002.000-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,659

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1950
  • Style: One Story
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 013-29480-00 HIGHLAND HOMES BLK V PT LOTS 18-21; W1/2
  • Parcel Number ID: 53-05-34-413-002.000-005
  • Platted: Yes
  • Cross Street: N Clark St
  • Investment Property: Yes
  • Location: Near College Campus
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1188
  • Total Finished Sq Ft: 1188
  • Above Grade Finished Sq Ft: 1188
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Flooring: Hardwood Floors
  • Living Great Room: Dimensions: 19x13, On Level: Main
  • Kitchen: Dimensions: 14x10, On Level: Main
  • Bedroom 1: Dimensions: 12x11, On Level: Main
  • Bedroom 2: Dimensions: 11x11, On Level: Main
  • Bedroom 3: Dimensions: 11x10, On Level: Main
  • Main Level Sq Ft: 1188
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 34x13
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: Public
  • Electric Company: Duke Energy Indiana
  • Gas Company: Vectren Energy
  • Water Company: Bloomington City Utility
  • Laundry: Dimensions: Mainx7, On Level: 12

Schools

  • Elementary School: University

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 60 x 100
  • Estimated Lot Sq Ft: 6098
  • Estimated Lot Size Acres: 0.14

Tax Info

  • Annual Taxes: 3658.6

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 21, 2021
Sold by
Perry Clara I
Bought by
Gutzapas Llc
Current Estimated Value
$267,971

Purchase Details

Listed on
Apr 21, 2021
Closed on
Jun 11, 2021
Sold by
Bell Metereau Thea and Bell Metereau Maris
Bought by
Perry Clara I
Seller's Agent
Lynne Chang
RE/MAX Acclaimed Properties
List Price
$229,900
Sold Price
$180,000
Premium/Discount to List
-$49,900
-21.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.14%
Original Mortgage
$135,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2021
Sold by
Metereau Jean Pierre and Bell Metereau Bereca
Bought by
Bell Metereau Thea

Purchase Details

Closed on
Jan 29, 2014
Sold by
Metereau Jean Pierre and Bell Metereau Rebecca
Bought by
Bell Metereau Marisa

Purchase Details

Closed on
Dec 23, 2013
Sold by
Metereau Jean Pierre and Bel Metereau Rebecca
Bought by
Bell Metereau Thea
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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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
Gutzapas Llc -- None Available
Perry Clara I $180,000 None Available
Bell Metereau Thea -- None Available
Bell Metereau Marisa -- None Available
Bell Metereau Marisa -- None Available
Bell Metereau Thea -- None Available
Bell Metereau Thea -- None Available
Bell Metereau Marisa -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perry Clara I $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2021 06/11/21 Sold $180,000 -16.2% $152 / Sq Ft
06/08/2021 06/08/21 Pending -- -- --
05/04/2021 05/04/21 Price Changed $214,900 -6.5% $181 / Sq Ft
04/21/2021 04/21/21 For Sale $229,900 -- $194 / 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 $4,391 $214,000 $83,000 $131,000
2023 $2,170 $204,600 $79,800 $124,800
2022 $3,894 $191,900 $79,800 $112,100
2021 $3,681 $180,200 $62,800 $117,400
2020 $3,659 $177,300 $59,400 $117,900
2019 $3,034 $144,300 $44,100 $100,200
2018 $3,452 $163,800 $66,500 $97,300
2017 $3,265 $154,600 $61,300 $93,300
2016 $2,878 $138,500 $61,300 $77,200
2014 $2,705 $129,700 $61,300 $68,400
Source: Public Records

Agents Affiliated with this Home

  • Lynne Chang

    Seller's Agent in 2021

    Lynne Chang

    RE/MAX

    (812) 320-0659

    1 in this area

    37 Total Sales

    Lynne Chang
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Map

Source: Indiana Regional MLS

MLS Number: 202113459

Indiana Regional MLS

APN: 53-05-34-413-002.000-005

Indiana Monroe County Bloomington 47408 Green Acres

2327 E 7th St, Bloomington, IN

Not Listed for Sale

Detached

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