NOT LISTED FOR SALE

242 W Mechanic St Bloomfield, IN 47424

Estimated Value: $159,000 - $228,000

4 Beds
2.5 Baths
1,700 Sq Ft
$111/Sq Ft Est. Value

Last Sold September 29, 2017

Last sale price $149,900 $88 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,147/month

90 Days on Market

Highlights

  • Traditional Architecture
  • Screened Porch
  • 2 Car Attached Garage
  • Wood Flooring
  • Formal Dining Room
  • Woodwork

About This Home

As of September 2017

Beautiful home in Bloomfield, completely updated with keeping some of the old charm of the special woodwork, French doors and a lovely breakfast nook complete with original built-in cabinet with glass doors. The comfortable living room w/fireplace opens into an elegant dining room with original French doors. The kitchen has been updated with beautiful Oak cabinets with bar looking into the spacious family room. The master suite has a large bath w/jetted tub and separate shower. The bedroom also opens through French doors into a special reading room or private den. The first floor is complete with a laundry room and half bath.

Last Listed By

Kay Allen

Homestead Realty-GR Listed on: 05/23/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $460

Year Built

  • Built in 1928

Lot Details

  • Lot Dimensions are 67x134
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Screened Porch
  • Breakfast Bar

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Bathtub With Separate Shower Stall

Partially Finished Basement

  • Sump Pump
  • Block Basement Construction
  • 1 Bedroom in Basement

Location

  • Suburban Location

Schools

  • Bloomfield Elementary And Middle School
  • Bloomfield High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 28-08-23-333-112.000-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$460

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1928
  • Age: 89
  • Style: Two Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 11
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: Lot 165 to the original town of Bloomfield |
  • Parcel Number ID: 28-08-23-333-112.000-025
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Breakfast Bar, Garage Door Opener, Natural Woodwork, Porch Enclosed, Porch Screened, Tub and Separate Shower, Formal Dining Room, Sump Pump
  • Improvmnts In Last5 Yrs: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100
  • Year Taxes Payable: 1917
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2550
  • Total Finished Sq Ft: 1700
  • Above Grade Finished Sq Ft: 1700
  • Below Grade Sq Ft: 850
  • Price Per Sq Ft: 88.18
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Wood Burning, One
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood Floors
  • Bedroom 1: Dimensions: 14x14, On Level: Main
  • Bedroom 2: Dimensions: 12x12, On Level: Upper
  • Bedroom 3: Dimensions: 12x12, On Level: Upper
  • Bedroom 4: Dimensions: 12x14, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 850

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: Outbuilding, Dimensions: 20x12

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 32x15
  • Garage Sq Ft: 480
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Gas Company: Midwest Natural Gas Corp
  • Water Company: Eastern Heights Utilities

Schools

  • School District: Bloomfield S.D.
  • Elementary School: Bloomfield
  • Middle School: Bloomfield
  • High School: Bloomfield
  • Elementary School: Bloomfield

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 67x134

Tax Info

  • Annual Taxes: 459.94
  • Exemptions: Over 65, Homestead, Mortgage

MLS Schools

  • High School: Bloomfield
  • Middle School: Bloomfield
  • School District: Bloomfield S.D.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2017
Closed on
Sep 28, 2017
Sold by
Griesmer Christian
Bought by
Burch Robert D and Burch Elenita M
Seller's Agent
Kay Allen
Homestead Realty-GR
Buyer's Agent
Kay Allen
Homestead Realty-GR
List Price
$175,000
Sold Price
$149,900
Premium/Discount to List
-$25,100
-14.34%
Total Days on Market
90
Current Estimated Value
$188,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,067
Avg. Annual Appreciation
3.10%
Original Mortgage
$119,920
Outstanding Balance
$101,362
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$87,605

Purchase Details

Closed on
May 11, 2015
Sold by
Main Source Bank
Bought by
Griesemer Richard A and Griesemer Victoria

Purchase Details

Closed on
Jan 14, 2014
Sold by
Emerson Bonnie and Morley Megan Marie
Bought by
Mainsource Bank

Purchase Details

Closed on
Nov 22, 2010
Sold by
Morley Michael J
Bought by
Johnson Richard and Johnson Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
9%
Mortgage Type
Seller Take Back

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
Burch Robert D -- --
Griesemer Richard A -- --
Mainsource Bank $60,000 None Available
Johnson Richard $110,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burch Robert D $119,920
Previous Owner Griesemer Richard A $86,487
Previous Owner Johnson Richard $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2017 09/29/17 Sold $149,900 -14.3% $88 / Sq Ft
08/21/2017 08/21/17 Pending -- -- --
05/23/2017 05/23/17 For Sale $175,000 -- $103 / 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 $1,122 $115,900 $8,400 $107,500
2023 $1,061 $114,600 $8,400 $106,200
2022 $1,143 $118,200 $8,400 $109,800
2021 $1,071 $108,600 $8,400 $100,200
2020 $919 $103,000 $8,400 $94,600
2019 $752 $93,900 $5,100 $88,800
2018 $814 $96,700 $5,100 $91,600
2017 $459 $95,600 $5,100 $90,500
2016 $460 $99,100 $5,100 $94,000
2014 $2,149 $105,800 $5,100 $100,700
2013 -- $96,200 $5,000 $91,200
Source: Public Records

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Source: Indiana Regional MLS

MLS Number: 201722749

Indiana Regional MLS

APN: 28-08-23-333-112.000-025