NOT LISTED FOR SALE

2603 S Addisyn Ln Bloomington, IN 47403

Estimated Value: $246,388 - $263,000

2 Beds
2.5 Baths
1,344 Sq Ft
$70/mo HOA Fee

Last Sold May 06, 2024

Last sale price $224,500 $167 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,622/month

2 Days on Market

Highlights

  • 1 Car Attached Garage
  • Eat-In Kitchen
  • Bathtub with Shower
  • Bloomington High School South Rated A
  • Walk-In Closet
  • Ceiling height of 9 feet or more

About This Home

As of May 2024

Perfect opportunity to build sweat equity for personal residence or investment portfolio in this spacious condo with walk out basement. Nestled in a prime location near parks, schools, downtown, shopping, and convenient access to Route 37. Upon entering, be greeted by the large living room, seamlessly connected to a bar area overlooking the eat-in kitchen. The kitchen is well-equipped with cabinetry and a pantry. Located off the kitchen is the back deck - perfect for grilling. Upstairs has two generously-sized bedrooms, each with walk-in closets. The laundry area is located upstairs for added convenience. The primary bathroom has a stand-up shower and just outside the second bedroom is a bathroom with a tub/shower combination. The oversized one car garage is located on the lower level/basement, providing ample room for storage. This home has tremendous potential. Priced accordingly.

Last Agent to Sell the Property

Lydia Jones

Jackson Realty Group Brokerage Phone: 317-340-2157 Listed on: 04/12/2024

Last Buyer's Agent

Stockton Miller

Century 21 Scheetz - Bloomington

Century 21 Scheetz - Bloomington

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,181

Year Built

  • Built in 2007

Lot Details

  • 566

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Partially Finished Basement
  • Walk-Out Basement
  • Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Bathtub with Shower
  • Separate Shower

Schools

  • Summit Elementary School
  • Batchelor Middle School
  • Bloomington South High School

Utilities

  • Central Air

Community Details

  • Summit Ridge / Summitridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 53-08-07-400-017.014-009

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,181

Year Built

Built in 2007

Lot Details

0

HOA Fees

$70 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Condo/Villa
  • Year Built: 2007
  • Age: 17
  • Style: Attached
  • Total Number of Rooms: 5
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: SUMMIT RIDGE 1ST UNIT 14
  • Parcel Number ID: 53-08-07-400-017.014-009
  • Platted: Yes
  • Amenities: Ceiling-9+, Ceiling Fan(s), Closet(s) Walk-in, Deck Open, Disposal, Dryer Hook Up Electric, Eat-In Kitchen, Stand Up Shower, Tub/Shower Combination
  • Location: Near College Campus
  • Sp Lp Percent: 95.53
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 1964
  • Total Finished Sq Ft: 1344
  • Above Grade Finished Sq Ft: 1344
  • Below Grade Sq Ft: 620
  • Price Per Sq Ft: 167.04
  • Basement: Yes
  • Basement Foundation: Walk-Out Basement, Partially Finished
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 17x14, On Level: Main
  • Kitchen: Dimensions: 16x14, On Level: Main
  • Extra Room: Dimensions: 9x7, On Level: Lower
  • Bedroom 1: Dimensions: 14x13, On Level: Upper
  • Bedroom 2: Dimensions: 14x12, On Level: Upper
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 620

Exterior Features

  • Exterior: Brick, Vinyl
  • Outbuilding1: None

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 30x20
  • Garage Sq Ft: 600
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Water Company: Bloomington City Utility
  • Laundry: Dimensions: Upperx6, On Level: 3

Condo/Co-op/Association

  • Association Fees: 70
  • Association Fees Frequency: Monthly

Schools

  • School District: Monroe County Community School Corp.
  • Elementary School: Summit
  • Middle School: Batchelor
  • High School: Bloomington South
  • Elementary School: Summit

Lot Info

  • Estimated Lot Sq Ft: 566
  • Estimated Lot Size Acres: 0.013

Tax Info

  • Annual Taxes: 2181.46
  • Total Assessed Value: 244500

MLS Schools

  • High School: Bloomington South
  • Middle School: Batchelor
  • School District: Monroe County Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2024
Closed on
May 6, 2024
Sold by
Brown Stephen Craig
Bought by
Yu Mengling
Seller's Agent
Lydia Jones
Jackson Realty Group
Buyer's Agent
Stockton Miller
Century 21 Scheetz - Bloomington
List Price
$235,000
Sold Price
$224,500
Premium/Discount to List
-$10,500
-4.47%
Views
90
Current Estimated Value
$254,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,847
Avg. Annual Appreciation
6.56%

Purchase Details

Listed on
Jul 11, 2014
Closed on
Dec 3, 2014
Sold by
Snethen Donald D and Snethen Edith L
Bought by
Brown Stephen Craig
List Price
$132,800
Sold Price
$122,000
Premium/Discount to List
-$10,800
-8.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.68%
Original Mortgage
$97,600
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2007
Sold by
Snethen Donald D and Snethen Edith L
Bought by
Snethen Donald D and Snethen Edith L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,800
Interest Rate
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 15, 2007
Sold by
Laferier Susan M
Bought by
Snethen Donald D and Snethen Edith L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,800
Interest Rate
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 13, 2006
Sold by
Sherwood Hills South Inc
Bought by
Laferier Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,300
Interest Rate
6.49%
Mortgage Type
New Conventional
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
Yu Mengling $224,500 Hocker Title
Brown Stephen Craig -- None Available
Snethen Donald D -- None Available
Snethen Donald D -- None Available
Laferier Susan M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Stephen Craig $97,600
Previous Owner Snethen Donald D $104,800
Previous Owner Laferier Susan M $122,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2024 05/06/24 Sold $224,500 -4.5% $167 / Sq Ft
04/14/2024 04/14/24 Pending -- -- --
04/12/2024 04/12/24 For Sale $235,000 +92.6% $175 / Sq Ft
12/04/2014 12/04/14 Sold $122,000 -8.1% $94 / Sq Ft
10/27/2014 10/27/14 Pending -- -- --
07/11/2014 07/11/14 For Sale $132,800 -- $102 / 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 $2,445 $244,300 $57,500 $186,800
2023 $2,426 $244,500 $57,500 $187,000
2022 $2,181 $220,600 $50,000 $170,600
2021 $1,767 $185,000 $45,000 $140,000
2020 $1,617 $174,500 $45,000 $129,500
2019 $1,473 $161,000 $30,000 $131,000
2018 $1,307 $147,700 $30,000 $117,700
2017 $1,179 $138,100 $30,000 $108,100
2016 $1,052 $130,400 $30,000 $100,400
2014 $1,052 $130,200 $30,000 $100,200
2013 $1,052 $128,300 $30,000 $98,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202412135

Indiana Regional MLS

APN: 53-08-07-400-017.014-009