NOT LISTED FOR SALE

2333 S Worthington Ln Bloomington, IN 47401

Estimated Value: $149,000 - $169,000

28 Beds
28 Baths
930 Sq Ft
$173/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $994,000 $1,069 Per Sq Ft

Current estimated payment $2,583/month

31 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Jackson Creek Middle School Rated A
  • Carpet

About This Home

As of September 2018

Don’t settle for just a townhome here and there because this is an EXCELLENT OPPORTUNITY TO OWN 3 ENTIRE BUILDINGS OF TOWNHOMES (14 units total)!!! Seller is selling two fourplexes and one sixplex in the desirable SE Bloomington location of Winslow Ridge!!! Each building boasts a natural setting with large mature trees, designated parking, multiple city bus lines making it effortless to get to downtown and to campus! Keeping these units rented is easy with their close proximity to the YMCA, city parks, walking trails, community gardens, grocery shopping and restaurants! (This is why it’s no surprise most tenants have been long term occupants!). These 14 condos each feature 2 bedrooms, 1 ½ baths and an unfinished basement perfect for storage and a variety of other uses! Several of the units have updated carpeting and vinyl and other miscellaneous improvements such as appliances, HVACs and hot water heaters! Each unit has HOA dues of $105 per month. Call today for more information! This great price puts each unit at ONLY $77,777! See MLS# 201831979, 201831981 & 201831983.

Last Agent to Sell the Property

Lorraine Fowler

RE/MAX Acclaimed Properties Listed on: 07/19/2018

RE/MAX Acclaimed Properties

Last Buyer's Agent

Matt Wisen

Evergreen Real Estate & Auctions

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $21,042

Year Built

  • Built in 1982

Lot Details

  • 436

HOA Fees

  • $1,470 Monthly HOA Fees

Parking

  • 28 Parking Spaces

Home Design

  • Planned Development
  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Carpet
  • Laminate Countertops
  • Washer Hookup

Bedrooms and Bathrooms

  • 28 Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Schools

  • Templeton Elementary School
  • Jackson Creek Middle School
  • Bloomington South High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for cable, electric, water
  • The owner pays for association dues
  • Assessor Parcel Number 53-08-09-421-010.000-009

Community Details

Overview

  • 14 Units
  • Winslow Ridge Subdivision

Pet Policy

  • Pet Restriction

Building Details

  • 14 Separate Electric Meters
  • 14 Separate Water Meters
  • Insurance Expense $3,589

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$21,042

Year Built

Built in 1982

Lot Details

0

HOA Fees

$1,470 per month

Listing Details

  • Class: INVESTMENT
  • Year Built: 1982
  • Age: 36
  • Style: Townhouse
  • Bedrooms: 28
  • Number Above Grade Bedrooms: 28
  • Total Bathrooms: 28
  • Total Full Bathrooms: 14
  • Total Number of Half Bathrooms: 14
  • Legal Description: See Attached Document |
  • Parcel Number ID: 53-08-09-421-010.000-009
  • Platted: Yes
  • Amenities: Basement, Near Walking Trail, Countertops-Laminate, Water Heater Electric, Washer Hook-Up
  • Sp Lp Percent: 91.29
  • Monthly Gross Income: 9680
  • Year Taxes Payable: 2018
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Total Sq Ft: 1380
  • Total Finished Sq Ft: 930
  • Above Grade Finished Sq Ft: 930
  • Below Grade Sq Ft: 450
  • Price Per Sq Ft: 1068.82
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Block
  • Flooring: Carpet
  • Total Below Grade Sq Ft: 450
  • Number Of Disposals: 14
  • Number Of Ranges Ovens: 14

Exterior Features

  • Exterior: Brick, Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 28

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electricity, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Water Company: Bloomington City Utility
  • Annual Insurance Expense: 3589.32
  • Number Electric Meters: 14
  • Number Of W D Hookups: 14
  • Number Water Meters: 14

Condo/Co-op/Association

  • Association Fees: 1470
  • Association Fees Frequency: Monthly
  • Pet Restrictions: Yes

Schools

  • School District: Monroe County Community School Corp.
  • Elementary School: Templeton
  • Middle School: Jackson Creek
  • High School: Bloomington South
  • Elementary School: Templeton

Lot Info

  • Lot Description: Planned Unit Development

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Association Dues
  • Tenant Pays: Cable, Electric, Water

Multi Family

  • Gross Monthly Rent: 9680
  • Number Of Dishwashers: 14
  • Number Of Refrigerators: 14
  • Number Of Units: 14
  • Num Of2 Bedrooms: 14
  • Number Of 3 Bedrooms: 1
  • Number Of 4 Bedrooms: 1
  • Num Of Units Rented: 14

Tax Info

  • Annual Property Tax: 21042.14

MLS Schools

  • High School: Bloomington South
  • Middle School: Jackson Creek
  • School District: Monroe County Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2018
Closed on
Sep 28, 2018
Sold by
Sharran Thompson
Bought by
Matthew Wisen
Seller's Agent
Lorraine Fowler
RE/MAX Acclaimed Properties
Buyer's Agent
Matt Wisen
Evergreen Real Estate & Auctions
List Price
$1,206,800
Sold Price
$994,000
Premium/Discount to List
-$212,800
-17.63%
Current Estimated Value
$160,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$833,333
Avg. Annual Appreciation
-23.28%
Original Mortgage
$646,100
Outstanding Balance
$411,527
Interest Rate
4.5%
Mortgage Type
Unknown
Estimated Equity
-$255,194

Purchase Details

Listed on
Jul 19, 2018
Closed on
Sep 26, 2018
Sold by
Taa Llc
Bought by
Wisen Matthew L
Seller's Agent
Lorraine Fowler
RE/MAX Acclaimed Properties
Buyer's Agent
Matt Wisen
Evergreen Real Estate & Auctions
List Price
$1,206,800
Sold Price
$994,000
Premium/Discount to List
-$212,800
-17.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$646,100
Outstanding Balance
$411,527
Interest Rate
4.5%
Mortgage Type
Unknown
Estimated Equity
-$255,194

Purchase Details

Closed on
Nov 13, 2014
Sold by
Tynan Sharran G
Bought by
Taa Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Matthew Wisen $994,000 --
Wisen Matthew L -- None Available
Taa Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wisen Matthew L $646,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2018 09/28/18 Sold $994,000 -8.7% $1,069 / Sq Ft
08/06/2018 08/06/18 Price Changed $1,088,878 -9.8% $1,171 / Sq Ft
07/19/2018 07/19/18 For Sale $1,206,800 -- $1,298 / 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 $3,085 $150,700 $44,800 $105,900
2023 $2,833 $133,900 $40,000 $93,900
2022 $2,460 $121,500 $35,000 $86,500
2021 $2,139 $103,200 $25,000 $78,200
2020 $1,897 $91,800 $20,000 $71,800
2019 $1,808 $86,000 $10,000 $76,000
2018 $1,612 $76,500 $10,000 $66,500
2017 $1,525 $72,200 $10,000 $62,200
2016 $1,499 $72,200 $10,000 $62,200
2014 $1,445 $69,400 $10,000 $59,400
2013 $1,445 $70,900 $10,000 $60,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201831987

Indiana Regional MLS

APN: 53-01-57-013-147.000-009