NOT LISTED FOR SALE

2430 W 3rd St Bloomington, IN 47404

68 Beds
36 Baths
19,440 Sq Ft
1.59 Acres

Last Sold July 20, 2016

Last sale price $1,309,700 $67 Per Sq Ft

114 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Tri-North Middle School Rated A
  • Multiple cooling system units

About This Home

As of July 2016

The Red Brick Apartments are located on West 3rd Street, just one quarter mile east of the Third St. / SR 37 Interchange. The complex includes three all brick buildings with 32 2-BR units and 4 1-BR units. Recent construction of West Third Street has allowed for expansions for bike lanes and bus stops making these apartments ideal for quick travel to shopping, eating and Indiana University. The properties each have onsite laundry with quarter slots for additional income.

Last Agent to Sell the Property

James Regester

RE/MAX Realty Professionals Listed on: 01/12/2016

RE/MAX Realty Professionals

Last Buyer's Agent

Autumn McCoy

The Real McCoy Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $18,943

Year Built

  • Built in 1970

Lot Details

  • 1.59 Acre Lot
  • Irregular Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 19,440 Sq Ft Home
  • 3-Story Property

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 68 Bedrooms
  • 36 Full Bathrooms

Parking

  • 72 Parking Spaces
  • Driveway
  • Off-Street Parking

Location

  • Suburban Location

Schools

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

Utilities

  • Multiple cooling system units
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, cooling, deposit value, electric
  • The owner pays for snow removal, sewer, tax, trash collection, water
  • Assessor Parcel Number 53-05-31-301-023.000-005

Community Details

Overview

  • 3 Buildings
  • 36 Units
  • Maple Grove Baby Farms Subdivision

Pet Policy

  • Pet Restriction

Building Details

  • Electric Expense $8,193
  • Maintenance Expense $23,855
  • Trash Expense $1,440
  • Water Sewer Expense $14,876

Property Details

Home Type

Apartment

Est. Annual Taxes

$18,943

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Complex
  • Year Built: 1970
  • Age: 46
  • Style: Multi-Story (3+)
  • Bedrooms: 68
  • Number Above Grade Bedrooms: 68
  • Total Bathrooms: 36
  • Total Full Bathrooms: 36
  • Legal Description: 013-53080-01 Maple Grove Baby Farms PT Lot 5: 0.488 A; (L5C) & 013-53050-00 MGBF PT Lots 4-6; (4F) |
  • Parcel Number ID: 53-05-31-301-023.000-005
  • Platted: Yes
  • Amenities: Cable Available
  • Cross Street: South Kimble
  • Grid: Northwest Bloomington Cit-1000
  • Location: City/Town/Suburb
  • Parcel Id2: 530531301022000005
  • Sp Lp Percent: 89.4
  • Annual Miscellaneous: 41240.06
  • Monthly Gross Income: 18525
  • Year Taxes Payable: 2015
  • Special Features: None

Interior Features

  • Total Sq Ft: 19440
  • Total Finished Sq Ft: 19440
  • Above Grade Finished Sq Ft: 19440
  • Price Per Sq Ft: 67.37
  • Flooring: Carpet, Ceramic Tile
  • Number Of Ranges Ovens: 36

Exterior Features

  • Exterior: Brick
  • Stories: 3

Garage/Parking

  • Driveway: Asphalt
  • Number Of Parking Spaces: 72
  • Parking: Off Street

Utilities

  • Cooling: Multiple Cooling Units
  • Heating Fuel: Electricity
  • Sewer: City, Public
  • Water Utilities: City, Public
  • Electric Company: Duke Energy Indiana
  • Water Company: Bloomington City Utility
  • Cable Company: Comcast
  • Annual Electric: 8193.11
  • Annual Maintenance Expense: 23855
  • Annual Trash Expense: 1440.1
  • Annual Water Sewer Expense: 14876.12

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Monroe County Community School Corp.
  • Elementary School: Fairview
  • Middle School: Tri-North
  • High School: Bloomington North
  • Elementary School: Fairview

Lot Info

  • Lot Description: Irregular
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 69173
  • Estimated Lot Size Acres: 1.588

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Snow Removal, Sewer, Tax, Trash Collection, Water
  • Tenant Pays: Cable, Cooling, Deposit Value, Electric

Tax Info

  • Total Assessed Value: 92500
  • Annual Property Tax: 18943.24

Multi Family

  • Gross Monthly Rent: 18525
  • Number Of Refrigerators: 36
  • Number Of Units: 36
  • Num Of1 Bedrooms: 4
  • Num Of2 Bedrooms: 32
  • Num Of Units Rented: 24

MLS Schools

  • High School: Bloomington North
  • Middle School: Tri-North
  • School District: Monroe County Community School Corp.

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2016 07/20/16 Sold $1,309,700 -10.6% $67 / Sq Ft
05/05/2016 05/05/16 Pending -- -- --
01/12/2016 01/12/16 For Sale $1,465,000 -- $75 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • James Regester

    Seller's Agent in 2016

    James Regester

    RE/MAX

    (812) 323-1231

    128 Total Sales

    James Regester
    Section Image
  • Autumn McCoy

    Buyer's Agent in 2016

    Autumn McCoy

    The Real McCoy Realty

    (812) 325-6182

    34 Total Sales

    Autumn McCoy
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201601374

Indiana Regional MLS

Indiana Monroe County Bloomington 47403

2430 W 3rd St, Bloomington, IN

This home is located at 2430 W 3rd St, Bloomington, IN 47404 since 12 January 2016. This property was built in 1970. 2430 W 3rd St is a home located in Monroe County with nearby schools including Fairview Elementary School, Tri-North Middle School, and Bloomington High School North.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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