NOT LISTED FOR SALE

2575 S Smith Rd Bloomington, IN 47401

Estimated Value: $532,000 - $1,018,892

4.67 Acres
$166,048 Price per Acre
203,425 Sq Ft Lot

Last Sold October 31, 2018

Last sale price $195,000 $265 Per Sq Ft

Est. 298% increase in value since last sale

Current estimated payment $5,083/month

169 Days on Market

About This Lot

As of October 2018

Extremely hard to find! Country living close to town. Rare 4.67 acres approved building site with septic permit and only 6 minutes from the College Mall. This wooded lot is cleared and ready to build with all utilities available. This property is in the county with low county taxes. Located in the 90 degree turn where Rogers Road turns into Smith Road.

Last Agent to Sell the Property

Erin Freund

Owens Realty Group Listed on: 05/10/2018

Last Buyer's Agent

Erin Freund

Owens Realty Group Listed on: 05/10/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $735

Lot Details

  • 4.67 Acre Lot
  • Lot Dimensions are 230x884
  • Finished Lot(s)
  • Zoning described as County- estate residential

Parking

  • Driveway

Schools

  • Rogers/Binford Elementary School
  • Jackson Creek Middle School
  • Bloomington South High School

Utilities

  • Gas Available
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 53-08-12-300-005.000-008

Property Details

Property Type

Land

Est. Annual Taxes

$735

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: 014-08530-00 Smith Road Lot 2 |
  • Parcel Number ID: 53-08-12-300-005.000-008
  • Platted: Yes
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 97.55
  • Zoning Description: County- estate residential
  • Parcel Description: Corner
  • Type of Sale: Traditional
  • Platted Development: Yes
  • Type Use: Residential
  • Year Taxes Payable: 2018
  • Special Features: None

Exterior Features

  • Road Frontage: City

Utilities

  • Water Utilities: City
  • Electricity Type: Available
  • Fuel Type: Available
  • Sewer Type: Septic

Schools

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

Lot Info

  • Lot Dimensions: 230x884
  • Estimated Lot Sq Ft: 203425
  • Estimated Lot Size Acres: 4.67
  • Lot Number: 2

Tax Info

  • Annual Taxes: 734.9

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
May 10, 2018
Closed on
Oct 30, 2018
Sold by
Smith Jeffrey N
Bought by
Field Suzanne L
Seller's Agent
Erin Freund
Owens Realty Group
Buyer's Agent
Erin Freund
Owens Realty Group
List Price
$245,000
Sold Price
$195,000
Premium/Discount to List
-$50,000
-20.41%
Current Estimated Value
$775,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$580,446
Avg. Annual Appreciation
22.04%
Original Mortgage
$126,750
Outstanding Balance
$79,843
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$695,603

Purchase Details

Closed on
Jun 16, 2017
Sold by
Smith Jeffrey N and Smith Lisa H
Bought by
Smith Jeffrey N and Smith Lisa H

Purchase Details

Closed on
Jan 31, 2017
Sold by
Ralston Robert L
Bought by
Smith Jeffrey N and Smith Lisa H

Purchase Details

Closed on
Dec 17, 2014
Sold by
Rush James E
Bought by
Rush James E and James E Rush Revocable Trust

Purchase Details

Closed on
Apr 6, 2009
Sold by
Watson Peggy Stephens
Bought by
Rush James E
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
Field Suzanne L $195,000 --
Crowder Dane A $195,000 Titleplus
Smith Jeffrey N -- None Available
Smith Jeffrey N $80,000 Capstone Title Partners
Rush James E -- None Available
Rush James E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crowder Dane A $126,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2018 10/31/18 Sold $195,000 -2.5% $265 / Sq Ft
10/26/2018 10/26/18 Pending -- -- --
09/07/2018 09/07/18 Price Changed $199,900 -18.4% $272 / Sq Ft
05/10/2018 05/10/18 For Sale $245,000 -- $333 / 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 $11,471 $799,700 $192,700 $607,000
2023 $5,948 $793,100 $192,700 $600,400
2022 $10,616 $735,700 $192,700 $543,000
2021 $10,034 $687,800 $192,700 $495,100
2020 $8,541 $556,300 $192,700 $363,600
2019 $2,545 $192,700 $192,700 $0
2018 $916 $67,600 $67,600 $0
2017 $735 $54,200 $54,200 $0
2016 $537 $102,500 $54,200 $48,300
2014 $662 $121,700 $54,200 $67,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201819268

Indiana Regional MLS

APN: 53-08-12-300-005.000-008