NOT LISTED FOR SALE

261 E Varsity Ln Bloomington, IN 47408

Estimated Value: $220,226 - $271,000

3 Beds
2.5 Baths
1,380 Sq Ft
$175/Sq Ft Est. Value

Last Sold March 10, 2014

Last sale price $90,000 $65 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $1,594/month

261 Days on Market

Highlights

  • Balcony
  • Bathtub with Shower
  • Forced Air Heating and Cooling System
  • University Elementary School Rated A

About This Home

As of March 2014

This home is located at 261 E Varsity Ln, Bloomington, IN 47408 since 15 May 2013 and is currently estimated at $241,807, approximately $175 per square foot. This property was built in 1985. 261 E Varsity Ln is a home located in Monroe County with nearby schools including University Elementary School, Tri-North Middle School, and Bloomington High School North.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,912

Year Built

  • Built in 1985

Lot Details

  • 436

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Basement

  • Walk-Out Basement
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Additional Features

  • Balcony
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 53-01-32-748-080.000-005

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,912

Year Built

Built in 1985

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1985
  • Age: 28
  • Style: Townhouse
  • Total Number of Rooms: 5
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: 013-27480-80 Varsity Villas Sec VII Bldg 23 Lot 117
  • Parcel Number ID: 53-01-32-748-080.000-005
  • Platted: Yes
  • Amenities: Balcony, Tub/Shower Combination
  • Location: Near College Campus
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 97.3
  • Zoning Description: PUD-Planned Unit Dev.(MO)
  • Special Features: None

Interior Features

  • Total Sq Ft: 1380
  • Total Finished Sq Ft: 1380
  • Above Grade Finished Sq Ft: 930
  • Below Grade Finished Sq Ft: 450
  • Price Per Sq Ft: 96.77
  • Basement Foundation: Walk-Out Basement
  • Kitchen: Dimensions: 7x12, On Level: Main
  • Bedroom 1: Dimensions: 10x12, On Level: Upper
  • Bedroom 2: Dimensions: 16x23, On Level: Lower
  • Bedroom 3: Dimensions: 10x12, On Level: Upper
  • Main Level Sq Ft: 1380
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 450

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: 7xLower, On Level: 7

Condo/Co-op/Association

  • Association Fees: 100
  • Association Fees Frequency: Monthly

Schools

  • School District: Monroe County Community School Corp.
  • Elementary School: Arlington Heights
  • Middle School: Tri-North
  • High School: Bloomington North

Tax Info

  • Annual Taxes: 1912.38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2021
Sold by
Stebbins Lynn Anne and The Lynn Anne Stebbins Trust
Bought by
University Properties Vi Llc
Current Estimated Value
$241,807

Purchase Details

Listed on
May 15, 2013
Closed on
Mar 10, 2014
Sold by
Doell William G and Doell Carol R
Bought by
Stebbins Lynn Anne and The Lynn Anne Stebbins Trust A
List Price
$92,500
Sold Price
$90,000
Premium/Discount to List
-$2,500
-2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.86%
Original Mortgage
$67,500
Interest Rate
4.35%
Mortgage Type
New Conventional
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
University Properties Vi Llc $195,000 None Available
Stebbins Lynn Anne -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stebbins Lynn Anne $67,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2014 03/10/14 Sold $90,000 -2.7% $65 / Sq Ft
01/31/2014 01/31/14 Pending -- -- --
05/15/2013 05/15/13 For Sale $92,500 -- $67 / 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 $2,696 $131,400 $41,600 $89,800
2023 $1,331 $125,500 $40,000 $85,500
2022 $2,374 $117,000 $40,000 $77,000
2021 $2,198 $105,800 $40,000 $65,800
2020 $2,125 $103,000 $40,000 $63,000
2019 $2,080 $98,900 $40,000 $58,900
2018 $2,084 $98,900 $40,000 $58,900
2017 $2,074 $98,200 $40,000 $58,200
2016 $1,920 $92,400 $40,000 $52,400
2014 $2,115 $101,400 $40,000 $61,400
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 446226

Indiana Regional MLS

APN: 53-01-32-748-080.000-005

Indiana Monroe County Bloomington 47408

261 E Varsity Ln, Bloomington, IN

This home is located at 261 E Varsity Ln, Bloomington, IN 47408 since 15 May 2013 and is currently estimated at $241,807, approximately $175 per square foot. This property was built in 1985. 261 E Varsity Ln is a home located in Monroe County with nearby schools including University Elementary School, Tri-North Middle School, and Bloomington High School North.

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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