NOT LISTED FOR SALE

2425 N Mount Gilead Rd Bloomington, IN 47408

Estimated Value: $658,000 - $736,000

4 Beds
3.5 Baths
3,739 Sq Ft
$190/Sq Ft Est. Value

Last Sold December 04, 2020

Last sale price $500,000 $134 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,157/month

2 Days on Market

Highlights

  • Primary Bedroom Suite
  • Heavily Wooded Lot
  • Wood Flooring
  • Unionville Elementary School Rated A
  • Cathedral Ceiling
  • Screened Porch

About This Home

As of December 2020

Nestled on 6.78 picturesque acres of private and wooded ground, this 4 bed 3.5 bath home offers 3800 sq ft and features a master suite on the main level and a finished walk out basement. The main level is the heart of the home and includes a spacious cook's kitchen with double ovens, gas cook top, separate prep sink, and plenty of counter space. The dining room is perfectly sized for a large family table. The living room features a cathedral ceiling and generous glazing for great views and plenty of light, as well as a gas fireplace. The master suite is generously sized and includes a huge walk in closet. Upstairs you'll find a spacious bedroom, office (that could easily be converted to a 5th bedroom), a full bath, and a loft area. The walk out basement offers a living area, two bedrooms, and 3rd full bath. This property has been lovingly and thoughtfully upgraded in order to create a home that lives comfortably, exudes quality throughout, and is highly energy efficient. To that end, the owners have installed a metal roof (new this year), solar panels, a geothermal heating system, built on an additional two car attached garage (for a total of four attached garage spaces!), upgraded the electrical system to accommodate electric vehicle charging, installed bamboo hardwood flooring, added a custom kitchenette to the basement living area, and built a new deck and screened porch overlooking the beautiful wooded view. The upgrades & special features don't end there. There's the beautiful pergola and seating area perfect for enjoying your morning coffee, three unfinished storage areas, solid poplar doors throughout, 10 speaker built-in sound system, and cherry hardwood flooring in the dining room that was hand made from lumber found on the property. The custom built greenhouse with potting area, fully fenced tiered garden, and chicken coop offer a myriad of opportunity for those with a green thumb or an interest in homesteading. The list of plantings on the property is extensive and includes apple, pear, peach, plum, apricot & much more (a full listing is available). High speed internet is available! While this home offers a wonderfully rural and private setting, the convenient location allows access to IU campus, the new hospital, and east side shopping and grocery stores all in less than 10 minutes drive. This home is truly one of a kind! Click the 'Virtual Tour' link to view additional photos & an aerial drone video!

Last Agent to Sell the Property

Evan Buckmaster

Buckmaster Realty Listed on: 11/01/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,439

Year Built

  • Built in 1997

Lot Details

  • 6.78 Acre Lot
  • Rural Setting
  • Heavily Wooded Lot

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Built-In Features
  • Woodwork
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Screened Porch
  • Home Security System
  • Kitchen Island
  • Laundry on main level

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • Garden Bath

Basement

  • Walk-Out Basement
  • Sump Pump
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Eco-Friendly Details

  • Energy-Efficient HVAC

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Geothermal Heating and Cooling
  • ENERGY STAR Qualified Water Heater
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 53-06-30-200-003.000-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,439

Year Built

Built in 1997

Lot Details

0

Parking

4

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1997
  • Style: Two Story
  • Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Legal Description: 003-11320-02 BAMBERG TRACTS LOT 2; 6.78A
  • Parcel Number ID: 53-06-30-200-003.000-003
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Alarm System-Security, Built-In Speaker System, Cable Available, Cable Ready, Ceiling-Cathedral, Ceiling Fan(s), Deck Open, Garage Door Opener, Garden Tub, Kitchen Island, Natural Woodwork, Porch Screened, Six Panel Doors, Split Br Floor Plan, Main Level Bedroom Suite, Main Floor Laundry, Sump Pump
  • Location: Rural, Near College Campus
  • Number Below Grade Bedrooms: 1
  • Special Features: None

Interior Features

  • Total Sq Ft: 3868
  • Total Finished Sq Ft: 3739
  • Above Grade Finished Sq Ft: 2718
  • Below Grade Finished Sq Ft: 1021
  • Below Grade Sq Ft: 129
  • Basement: Yes
  • Basement Foundation: Walk-Out Basement
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm, Gas Log
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet
  • Living Great Room: Dimensions: 18x19, On Level: Main
  • Kitchen: Dimensions: 16x18, On Level: Main
  • Dining Room: Dimensions: 10x18, On Level: Main
  • Family Room: Dimensions: 19x10, On Level: Basement
  • Extra Room: Office, Dimensions: 10x18, On Level: Upper
  • Bedroom 1: Dimensions: 15x28, On Level: Main
  • Bedroom 2: Dimensions: 15x10, On Level: Upper
  • Bedroom 3: Dimensions: 13x11, On Level: Basement
  • Bedroom 4: Dimensions: 13x11, On Level: Basement
  • Loft: Dimensions: 18x15, On Level: Upper
  • Main Level Sq Ft: 1892
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1150

Exterior Features

  • Exterior: Wood
  • Roof Material: Metal
  • Outbuilding1: None

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Attached
  • Garage Number Of Cars: 4
  • Garage Size: Dimensions: 26x24
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air, Geothermal
  • Sewer: Septic
  • Water Utilities: Public
  • Electric Company: South Central REMC
  • Gas Company: Shelby County Co-op
  • Cable Company: Comcast
  • Hvac: Geothermal Hvac
  • Laundry: Dimensions: Mainx7, On Level: 15

Schools

  • Elementary School: Unionville

Lot Info

  • Lot Description: Heavily Wooded, 3-5.9999
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 295337
  • Estimated Lot Size Acres: 6.78

Green Features

  • Energy Efficient: HVAC, Water Heater
  • Energy Efficient Windows/Doors: Double Pane Windows

Tax Info

  • Annual Taxes: 2439.36
  • Exemptions: Homestead, Mortgage, Supplemental

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
Nov 1, 2020
Closed on
Dec 4, 2020
Sold by
Mckee Lyle E and Fleming Marie F
Bought by
Collins Julia R and Collins Dennis M
Seller's Agent
Evan Buckmaster
Buckmaster Realty
List Price
$499,900
Sold Price
$500,000
Premium/Discount to List
$100
0.02%
Current Estimated Value
$711,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,110
Avg. Annual Appreciation
7.45%
Original Mortgage
$450,000
Outstanding Balance
$401,349
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$309,761
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
Collins Julia R $500,000 John Bethell Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collins Julia R $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2020 12/04/20 Sold $500,000 0.0% $134 / Sq Ft
11/01/2020 11/01/20 For Sale $499,900 -- $134 / 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 $4,996 $594,400 $83,100 $511,300
2023 $4,728 $562,100 $75,300 $486,800
2022 $3,988 $478,300 $52,300 $426,000
2021 $3,754 $442,200 $49,500 $392,700
2020 $2,635 $364,200 $44,500 $319,700
2019 $2,439 $338,600 $39,500 $299,100
2018 $2,399 $331,200 $32,100 $299,100
2017 $2,443 $334,300 $30,900 $303,400
2016 $2,422 $337,600 $30,900 $306,700
2014 $2,380 $333,500 $30,300 $303,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202044121

Indiana Regional MLS

APN: 53-06-30-200-003.000-003