NOT LISTED FOR SALE

Estimated Value: $297,000 - $315,000

4 Beds
2 Baths
1,952 Sq Ft
$154/Sq Ft Est. Value

Last Sold January 28, 2022

Last sale price $265,000 $136 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,867/month

5 Days on Market

Highlights

  • Wood Flooring
  • Cedar Closet
  • Laundry in Utility Room
  • University Elementary School Rated A
  • Concrete Kitchen Countertops
  • Forced Air Heating and Cooling System

About This Home

As of January 2022

Great location just minutes to campus, the new IU Health Hospital, and the College Mall. Main level has 3 bedrooms and 1 bath, lower level has another bedroom and bath and a kitchenette with it's own separate entrance. Several recent updates include roof (2017), furnace within the past 10 years, a/c (2018), water heater (2021), dishwasher (2021). Good rental history with a tenant through July 26th, 2022. Update as of 1/9/22: Due to the amount of interest in this property, buyers may submit offers until 12:00 Noon Tuesday January 11, 2022. Seller requests an offer response time no sooner than 9:00 p.m. January 11, 2022. We appreciate your interest an thank you for your cooperation.

Last Listed By

Tracee Lutes

RE/MAX Acclaimed Properties Listed on: 01/06/2022

RE/MAX Acclaimed Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,497

Year Built

  • Built in 1958

Lot Details

  • 9,148 Sq Ft Lot
  • Irregular Lot

Home Design

  • Shingle Roof
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Fire and Smoke Detector
  • Concrete Kitchen Countertops
  • Laundry in Utility Room

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Cedar Closet
  • 2 Full Bathrooms

Partially Finished Basement

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

Parking

  • 4 Parking Spaces
  • Private Parking
  • Gravel Driveway

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, fuel, heating, sewer, trash collection, water
  • The owner pays for building insurance, maintenance
  • Assessor Parcel Number 53-05-34-401-035.000-005

Community Details

Pet Policy

  • Pet Restriction

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Maintenance Expense $4,323

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,497

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1958
  • Age: 64
  • Style: Two Story
  • Architectural Style: Ranch
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Green Acres Lot 49
  • Parcel Number ID: 53-05-34-401-035.000-005
  • Platted: Yes
  • Amenities: Basement, Near Walking Trail, Closet(s) Cedar, Countertops-Concrete, Deck Open, Detector-Smoke, Water Heater Gas
  • Location: City/Town/Suburb, Near College Campus, Near Walking Trail
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 106
  • Monthly Gross Income: 1582
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 2032
  • Total Finished Sq Ft: 1952
  • Above Grade Finished Sq Ft: 1016
  • Below Grade Finished Sq Ft: 936
  • Below Grade Sq Ft: 80
  • Price Per Sq Ft: 260.83
  • Basement: Yes
  • Basement Foundation: Walk-Out Basement, Partially Finished
  • Basement Material: Block
  • Flooring: Carpet, Wood, Tile
  • Number Below Grade Bathrooms: 1
  • Total Below Grade Sq Ft: 1016
  • Number Of Disposals: 1
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 3

Exterior Features

  • Exterior: Stone, Vinyl
  • Roof Material: Shingle
  • Stories: 1

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 4
  • Parking: Gravel, Private

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Water Company: Bloomington City Utility
  • Annual Maintenance Expense: 4323
  • Number Electric Meters: 1
  • Number Gas Meters: 1
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Irregular, 0-2.9999
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 9148
  • Estimated Lot Size Acres: 0.21

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Maintenance
  • Tenant Pays: Cable, Cooling, Electric, Fuel, Heating, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 1575
  • Number Of Dishwashers: 1
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 1
  • Number Of Washers: 1
  • Number Of 4 Bedrooms: 1
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 3496.78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2022
Closed on
Jan 21, 2022
Sold by
Wuslich Jeffrey S
Bought by
Imagine 2022 Llc
Seller's Agent
Tracee Lutes
RE/MAX Acclaimed Properties
Buyer's Agent
Chris Clark
Century 21 Scheetz - Bloomington
List Price
$250,000
Sold Price
$265,000
Premium/Discount to List
$15,000
6%
Total Days on Market
5
Current Estimated Value
$301,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,557
Avg. Annual Appreciation
3.40%

Range of Values:

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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
Imagine 2022 Llc $265,000 Titleplus
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wuslich Jeffrey S $300,000
Previous Owner Wuslich Jeffrey S $126,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2022 01/28/22 Sold $265,000 +6.0% $136 / Sq Ft
01/06/2022 01/06/22 For Sale $250,000 0.0% $128 / Sq Ft
05/04/2018 05/04/18 Rented $1,500 0.0% --
04/10/2018 04/10/18 For Rent $1,500 -- --
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
2023 $2,245 $211,600 $67,100 $144,500
2022 $3,991 $196,700 $67,100 $129,600
2021 $3,833 $184,500 $44,700 $139,800
2020 $3,432 $166,300 $35,300 $131,000
2019 $3,497 $166,300 $35,300 $131,000
2018 $3,366 $159,700 $31,200 $128,500
2017 $3,413 $161,600 $25,000 $136,600
2016 $3,271 $157,400 $25,000 $132,400
2014 $3,202 $153,500 $25,000 $128,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202200537

Indiana Regional MLS

APN: 53-05-34-401-035.000-005