NOT LISTED FOR SALE

2545 E Pedigo Bay Dr Unit 7 Bloomington, IN 47401

Estimated Value: $304,000 - $421,991

5 Acres
$75,466 Price per Acre
217,800 Sq Ft Lot

Last Sold June 24, 2014

Last sale price $200,000

Est. 89% increase in value since last sale

Current estimated payment $2,399/month

598 Days on Market

Highlights

  • Lake Front
  • Lake, Pond or Stream
  • 4-minute walk to Monroe Lake Spillway
  • Jackson Creek Middle School Rated A

About This Lot

As of June 2014

BEAUTY ON LAKE MONROE! Pedigo Bay is a gated community near the Dam, on the southwestern shores of Lake Monroe, provides a perfect setting for homes that emphasize diverse tastes and lifestyles within this unique and tranquil environment. Leave the fast paced world behind and enjoy the peace and solace of life adjacent to one of Indiana's most magnificent lakes. Surrounded by Hoosier National Forest, a 200,000 acre pristine forest land that supports an incredible wealth of plant & animal species. Located in the heart of Southern Indiana, on hour south of Indianapolis and just a few miles from Bloomington, home of Indiana University. This lot is magnificently wooded with a gentle terrain and several sweet spots for building your home. Settle toward the street or nestle back into the woods for privacy, it's your choice. Sewer, water, electric & high speed internet are all available. Sewer hook-on fee of $12,000 is required to be paid at closing.

Last Agent to Sell the Property

Tracee Lutes

RE/MAX Acclaimed Properties Listed on: 09/11/2012

RE/MAX Acclaimed Properties

Last Buyer's Agent

Tracee Lutes

RE/MAX Acclaimed Properties Listed on: 09/11/2012

RE/MAX Acclaimed Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,470

Lot Details

  • 5 Acre Lot
  • Lake Front
  • Property fronts a private road
  • Finished Lot(s)
  • Zoning described as PUD-Planned Unit Dev.(MO)

HOA Fees

  • $108 Monthly HOA Fees

Schools

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

Utilities

  • Heating System Uses Gas
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 53-11-35-200-010.000-006

Community Details

Overview

  • Pedigo Bay Subdivision
  • The community has rules related to building or community restrictions

Recreation

  • Lake, Pond or Stream

Property Details

Property Type

Land

Est. Annual Taxes

$3,470

Lot Details

0

HOA Fees

$108 per month

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Waterfront: Yes
  • Legal Description: Lot 7B Pedigo Bay |
  • Parcel Number ID: 53-11-35-200-010.000-006
  • Platted: Yes
  • Road Access: County
  • Road Surface: Paved
  • Sp Lp Percent: 87.34
  • Zoning Description: PUD-Planned Unit Dev.(MO)
  • Parcel Description: Lake, Partially Wooded
  • Restrictions: Building Restrictions
  • Type of Sale: Traditional
  • Platted Development: Yes
  • Type Use: Residential
  • Year Taxes Payable: 2011/2012
  • Special Features: None

Exterior Features

  • Lake Type: Non Ski Lake
  • Water Name: Lake Monroe
  • Road Frontage: Private

Utilities

  • Water Utilities: Public
  • Water Type: Lake
  • Electricity Type: Available
  • Fuel Type: Gas
  • Sewer Type: Private

Condo/Co-op/Association

  • Association Fees: 1300
  • Association Fees Frequency: Annually

Schools

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

Lot Info

  • Lot Dimensions: 5 Acres +/-
  • Estimated Lot Sq Ft: 217800
  • Estimated Lot Size Acres: 5
  • Lot Number: 7

Tax Info

  • Annual Taxes: 19.52

Multi Family

  • Water Access: Lakefront

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
Sep 11, 2012
Closed on
Jun 24, 2014
Sold by
Pedigo Bay Development Llc
Bought by
Welsh Christopher and Welsh Michelle
Seller's Agent
Tracee Lutes
RE/MAX Acclaimed Properties
Buyer's Agent
Tracee Lutes
RE/MAX Acclaimed Properties
List Price
$229,000
Sold Price
$200,000
Premium/Discount to List
-$29,000
-12.66%
Current Estimated Value
$377,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,330
Avg. Annual Appreciation
5.77%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Welsh Christopher -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2014 06/24/14 Sold $200,000 -12.7% --
05/02/2014 05/02/14 Pending -- -- --
09/11/2012 09/11/12 For Sale $229,000 -- --
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 $3,470 $237,000 $237,000 $0
2023 $3,489 $228,000 $228,000 $0
2022 $3,378 $228,000 $228,000 $0
2021 $3,427 $228,000 $228,000 $0
2020 $3,605 $228,000 $228,000 $0
2019 $3,147 $228,000 $228,000 $0
2018 $3,174 $228,000 $228,000 $0
2017 $2,639 $189,600 $189,600 $0
2016 $2,592 $189,600 $189,600 $0
2014 $25 $1,800 $1,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 456010

Indiana Regional MLS

APN: 53-11-35-200-010.000-006