NOT LISTED FOR SALE

260 E Church St Bloomfield, IN 47424

44 Beds
29 Baths
4,236 Sq Ft
1.96 Acres

Last Sold March 09, 2022

Last sale price $810,000 $191 Per Sq Ft

233 Days on Market

Highlights

  • Eat-In Kitchen
  • Central Air
  • Carpet
  • Landscaped

About This Home

As of March 2022

This sale is a package deal and includes 260 E Church St. & 227 W Mechanic St. The apartment building on Mechanic St features 5 units all 2 beds, 1 bath. The complex on Church St features 24 units total. There are 14- 1 bed/1 bath & 10 2beds/1 bath. Apartments underwent an improvement campaign during 2017-2018 including new flooring, paint and appliances as well as a new shelter house built and new roofs. Please refer to the cash flow statements and rent rolls in the documents section for all financial questions. Listing agent must be present for all showings. Showings don't start until 6/08/2021.

Last Agent to Sell the Property

Jeff Brawley

Brawley Real Estate Listed on: 06/08/2021

Last Buyer's Agent

Jeff Brawley

Brawley Real Estate Listed on: 06/08/2021

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $7,227

Year Built

  • Built in 1972

Lot Details

  • 1.96 Acre Lot
  • Landscaped
  • Irregular Lot

Parking

  • 30 Parking Spaces

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4,236 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 44 Bedrooms
  • 29 Full Bathrooms

Schools

  • Bloomfield Elementary And Middle School
  • Bloomfield High School

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cooling, heating, trash collection, water
  • The owner pays for building insurance, tax
  • Assessor Parcel Number 28-08-23-331-023.000-025

Community Details

Overview

  • 2 Buildings
  • 29 Units

Pet Policy

  • Pet Restriction

Building Details

  • Electric Expense $3,459
  • Fuel Expense $6,324
  • Insurance Expense $11,800
  • Maintenance Expense $9,066
  • Trash Expense $3,636
  • Water Sewer Expense $24,928

Property Details

Home Type

Apartment

Est. Annual Taxes

$7,227

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1972
  • Age: 49
  • Style: Multi-Story (3+)
  • Bedrooms: 44
  • Number Above Grade Bedrooms: 44
  • Total Bathrooms: 29
  • Total Full Bathrooms: 29
  • Legal Description: 025-00760-00 ORIG LOT 164 & 025-00075-00 GEN W1/2 LT 221 GEN LT 220, LT 219
  • Parcel Number ID: 28-08-23-331-023.000-025
  • Platted: Yes
  • Amenities: Basement, Countertops-Laminate, Detector-Smoke, Eat-In Kitchen, Landscaped
  • Parcel Id2: 28-08-23-333-115.000-025
  • Sp Lp Percent: 100
  • Monthly Gross Income: 10550
  • Year Taxes Payable: 2021
  • Special Features: None

Interior Features

  • Total Sq Ft: 4236
  • Total Finished Sq Ft: 4236
  • Above Grade Finished Sq Ft: 4236
  • Price Per Sq Ft: 191.22
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Flooring: Carpet, Vinyl
  • Number Of Disposals: 29
  • Number Of Microwaves: 29
  • Number Of Ranges Ovens: 29
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Brick
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 30

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 3459
  • Annual Fuel Expense: 6324
  • Annual Insurance Expense: 11800
  • Annual Maintenance Expense: 9066
  • Annual Trash Expense: 3636
  • Annual Water Sewer Expense: 24928

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Bloomfield S.D.
  • Elementary School: Bloomfield
  • Middle School: Bloomfield
  • High School: Bloomfield
  • Elementary School: Bloomfield

Lot Info

  • Lot Description: Irregular
  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 85378
  • Estimated Lot Size Acres: 1.96

Rental Info

  • Lease Term: Negotiable
  • Owner Pays: Building Insurance, Tax
  • Tenant Pays: Cooling, Heating, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 10550
  • Number Of Dishwashers: 29
  • Number Of Dryers: 10
  • Number Of Refrigerators: 29
  • Number Of Units: 29
  • Number Of Washers: 10
  • Num Of1 Bedrooms: 14
  • Num Of2 Bedrooms: 15
  • Num Of Units Rented: 20

Tax Info

  • Annual Property Tax: 7226.81

MLS Schools

  • High School: Bloomfield
  • Middle School: Bloomfield
  • School District: Bloomfield S.D.

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
03/09/2022 03/09/22 Sold $810,000 -4.7% $191 / Sq Ft
06/08/2021 06/08/21 For Sale $850,000 +49.1% $201 / Sq Ft
03/21/2017 03/21/17 Sold $570,000 -12.3% $34 / Sq Ft
12/30/2016 12/30/16 Pending -- -- --
09/15/2016 09/15/16 For Sale $650,000 -- $38 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202120031

Indiana Regional MLS