NOT LISTED FOR SALE

2598 N Mount Gilead Rd Bloomington, IN 47408

Estimated Value: $247,000 - $376,000

3 Beds
2 Baths
1,450 Sq Ft
$216/Sq Ft Est. Value

Last Sold August 11, 2023

Last sale price $239,000 $165 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,862/month

25 Days on Market

Highlights

  • Lake Front
  • 14.16 Acre Lot
  • Lake, Pond or Stream
  • Unionville Elementary School Rated A
  • Heavily Wooded Lot
  • Wood Flooring

About This Home

As of August 2023

This 14 acres is a beautiful, retreat like setting. Just down the hill from the house is a large lake. Wooded, remote and ready for your private get-away. This is an estate property. The house is in disrepair. The previous owner had started some remodeling, tearing areas out and removing components. The home is unfinished and has a moisture issue, especially on the earth berm section. If you are affected by dampness or mildew, please do not enter the home without a mask. The home seems to have good bones in what we can see but needs a lot of work to bring it to a livable condition. The property and home are being sold AS-IS.

Last Agent to Sell the Property

Brian Sample

RE/MAX Acclaimed Properties Brokerage Phone: 812-327-8273 Listed on: 07/10/2023

RE/MAX Acclaimed Properties

Last Buyer's Agent

Georgia Johnson

RE/MAX Acclaimed Properties

RE/MAX Acclaimed Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,701

Year Built

  • Built in 1979

Lot Details

  • 14.16 Acre Lot
  • Lake Front
  • Rural Setting
  • Heavily Wooded Lot

Parking

  • Gravel Driveway

Home Design

  • Cabin
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Living Room with Fireplace

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • 2 Bathrooms in Basement

Outdoor Features

  • Lake, Pond or Stream

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 53-06-30-100-026.000-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,701

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1979
  • Style: One Story
  • Architectural Style: Cabin/Cottage
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 003-01310-00 PT SE NE 30-9-1E (14.16 Acres)
  • Parcel Number ID: 53-06-30-100-026.000-003
  • Platted: Yes
  • Grid: Northeast Monroe County-B000
  • Location: Rural
  • Road Surface: Gravel
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2050
  • Total Finished Sq Ft: 1450
  • Above Grade Finished Sq Ft: 1450
  • Below Grade Sq Ft: 600
  • Basement: Yes
  • Basement Foundation: Full Basement, Partially Finished, Walk-Out Basement
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood Floors, Vinyl
  • Living Great Room: Dimensions: 24x16, On Level: Main
  • Kitchen: Dimensions: 8x10, On Level: Main
  • Bedroom 1: Dimensions: 12x13, On Level: Main
  • Bedroom 2: Dimensions: 10x10, On Level: Main
  • Bedroom 3: Dimensions: 10x10, On Level: Main
  • Other Room1: Basement Rec Room, Dimensions: 12x15
  • Number Below Grade Bathrooms: 2
  • Number of Below Grade Full Bathrooms: 2
  • Total Below Grade Sq Ft: 600

Exterior Features

  • Exterior: Wood
  • Roof Material: Shingle
  • Outbuilding1: None
  • Lake Type: Non Ski Lake
  • Water Name: Private Lake

Garage/Parking

  • Driveway: Gravel

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air, Propane Tank Owned
  • Sewer: Septic
  • Water Utilities: City
  • Laundry: Dimensions: Basementx9, On Level: 12
  • Water Type: Lake

Schools

  • Elementary School: Unionville

Lot Info

  • Lot Description: Heavily Wooded, 10-14.999
  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 616810
  • Estimated Lot Size Acres: 14.16

Tax Info

  • Annual Taxes: 2701.28

Multi Family

  • Water Access: Lakefront

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
Jul 10, 2023
Closed on
Aug 11, 2023
Sold by
The Estate Of Thomas Bertuccio Deceased
Bought by
Smidge Pond Llc
Seller's Agent
Brian Sample
RE/MAX Acclaimed Properties
Buyer's Agent
Georgia Johnson
RE/MAX Acclaimed Properties
List Price
$249,000
Sold Price
$239,000
Premium/Discount to List
-$10,000
-4.02%
Views
74
Current Estimated Value
$312,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,647
Avg. Annual Appreciation
12.92%
Source: Public Records

Range of Values:

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Average Value
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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
Smidge Pond Llc $239,000 Titleplus
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2023 08/11/23 Sold $239,000 -4.0% $165 / Sq Ft
07/10/2023 07/10/23 For Sale $249,000 -- $172 / 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 $2,713 $184,900 $52,700 $132,200
2023 $1,793 $235,300 $110,800 $124,500
2022 $2,626 $182,200 $74,500 $107,700
2021 $2,498 $166,400 $67,900 $98,500
2020 $2,039 $155,500 $62,900 $92,600
2019 $1,061 $152,400 $57,900 $94,500
2018 $964 $142,100 $47,600 $94,500
2017 $1,863 $139,300 $46,400 $92,900
2016 $1,812 $138,100 $46,400 $91,700
2014 $1,726 $132,100 $37,500 $94,600
Source: Public Records

Agents Affiliated with this Home

  • Brian Sample

    Seller's Agent in 2023

    Brian Sample

    RE/MAX

    (812) 327-8273

    82 Total Sales

    Brian Sample
    Section Image
  • Georgia Johnson

    Buyer's Agent in 2023

    Georgia Johnson

    RE/MAX

    (812) 332-3001

    22 Total Sales

    Georgia Johnson
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202323893

Indiana Regional MLS

APN: 53-06-30-100-026.000-003

Indiana Monroe County Bloomington 47408

2598 N Mount Gilead Rd, Bloomington, IN

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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