NOT LISTED FOR SALE

2524 E 7th St Bloomington, IN 47408

Green Acres Neighborhood

Estimated Value: $301,000 - $370,000

3 Beds
1 Bath
1,570 Sq Ft
$205/Sq Ft Est. Value

Last Sold April 29, 2024

Last sale price $289,900 $185 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,134/month

1 Day on Market

Highlights

  • Corner Lot
  • Covered Patio or Porch
  • Tile Flooring
  • University Elementary School Rated A
  • 2 Car Attached Garage
  • Central Air

About This Home

As of April 2024

Great Location with a lease in place until July 31, 2025. ROI figures in MLS are estimates only and not exact amounts.

Last Agent to Sell the Property

Bryan Paine

RE/MAX Acclaimed Properties Brokerage Phone: 812-322-2223 Listed on: 03/22/2024

RE/MAX Acclaimed Properties

Last Buyer's Agent

Janet Jin

RE/MAX Acclaimed Properties

RE/MAX Acclaimed Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,325

Year Built

  • Built in 1953

Lot Details

  • 0.31 Acre Lot
  • Corner Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,570 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, electric, heating, water
  • The owner pays for tax
  • Assessor Parcel Number 53-05-34-401-109.000-005

Community Details

Overview

  • Green Acres Subdivision

Building Details

  • Insurance Expense $2,500
  • Maintenance Expense $2,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,325

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1953
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Green Acres Lot 74
  • Parcel Number ID: 53-05-34-401-109.000-005
  • Platted: Yes
  • Amenities: Cable Available, Cable Ready, Patio Open, Porch Covered
  • Location: Near College Campus
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1570
  • Total Finished Sq Ft: 1570
  • Above Grade Finished Sq Ft: 1570
  • Basement Foundation: Crawl
  • Flooring: Carpet, Tile
  • Number Of Disposals: 1
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Brick, Vinyl
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 2500
  • Annual Maintenance Expense: 2000
  • Number Of W D Hookups: 1

Schools

  • Elementary School: University

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 13504
  • Estimated Lot Size Acres: 0.31

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Tax
  • Tenant Pays: Cable, Electric, Heating, Water

Tax Info

  • Annual Property Tax: 5324.84

Multi Family

  • Number Of Dishwashers: 1
  • Number Of Dryers: 1
  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Number Of Washers: 1

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
Mar 22, 2024
Closed on
Apr 29, 2024
Sold by
Sutor Mark
Bought by
Lian Xiuzhu
Seller's Agent
Bryan Paine
RE/MAX Acclaimed Properties
Buyer's Agent
Janet Jin
RE/MAX Acclaimed Properties
List Price
$289,900
Sold Price
$289,900
Views
9
Current Estimated Value
$322,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,386
Avg. Annual Appreciation
6.47%

Purchase Details

Listed on
Dec 6, 2012
Closed on
Dec 7, 2012
Sold by
Sutor Mark
Bought by
Sutor Mark and Sutor Chad
List Price
$144,900
Sold Price
$140,000
Premium/Discount to List
-$4,900
-3.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.59%
Original Mortgage
$121,200
Interest Rate
3.36%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Lian Xiuzhu $289,900 John Bethel Title Company
Sutor Mark -- None Available
Sutor Mark -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sutor Mark $121,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/29/2024 04/29/24 Sold $289,900 0.0% $185 / Sq Ft
03/23/2024 03/23/24 Pending -- -- --
03/22/2024 03/22/24 For Sale $289,900 +107.1% $185 / Sq Ft
12/07/2012 12/07/12 Sold $140,000 -3.4% $89 / Sq Ft View Prior Sale
12/07/2012 12/07/12 Pending -- -- --
12/06/2012 12/06/12 For Sale $144,900 -- $92 / 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 $5,400 $263,200 $87,400 $175,800
2023 $4,744 $250,900 $84,000 $166,900
2022 $4,744 $233,800 $84,000 $149,800
2021 $3,725 $179,300 $56,000 $123,300
2020 $3,234 $156,700 $44,200 $112,500
2019 $3,295 $156,700 $44,200 $112,500
2018 $3,168 $150,300 $40,000 $110,300
2017 $3,170 $150,100 $32,000 $118,100
2016 $3,045 $146,500 $32,000 $114,500
2014 $3,089 $148,100 $32,000 $116,100
Source: Public Records

Agents Affiliated with this Home

  • Bryan Paine

    Seller's Agent in 2024

    Bryan Paine

    RE/MAX

    (812) 332-3001

    2 in this area

    80 Total Sales

    Bryan Paine
    Section Image
  • Janet Jin

    Buyer's Agent in 2024

    Janet Jin

    RE/MAX

    (812) 325-9093

    5 in this area

    131 Total Sales

    Janet Jin
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202409593

Indiana Regional MLS

APN: 53-05-34-401-109.000-005

Indiana Monroe County Bloomington 47408 Green Acres

2524 E 7th St, Bloomington, IN

Not Listed for Sale

MultiFamily

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.

Nearby Homes