$225,000
SOLD JUL 1, 2016

2703 S Spicewood Ln Bloomington, IN 47401

4 Beds
2.5 Baths
2,885 Sq Ft
0.3 Acres

Recently Sold

$78 Per Sq Ft

18% Below List Price

30 Days on Market

Highlights

  • Colonial Architecture
  • Vaulted Ceiling
  • 1 Fireplace
  • Binford Elementary School Rated A
  • Wood Flooring
  • Corner Lot

About This Home

As of March 2017

Located in the Spicewood subdivision on the southeast side of Bloomington, this colonial style 4 bedroom 2 1/2 bath is close to Indiana University and eastside shopping. The main level has a formal living room, dining room, family room with fireplace and kitchen that opens to the large back room addition which is used as a family rec room/sun room. The laundry/mud room is on the main level. The second level has the master suite, three bedrooms and second full bath. The home is located on the corner of a cul de sac with a beautiful landscaped yard. Newer roof and home warranty offered for new owners. This is located in Rogers/Binford, Jackson Creek and Bloomington South High School.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,420

Year Built

  • Built in 1985

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 105 x 125
  • Corner Lot
  • Zoning described as RS3.5-RS3.5-Sing Dwelling Res

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Entrance Foyer
  • Pull Down Stairs to Attic
  • Eat-In Kitchen
  • Laundry on main level

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Double Vanity

Outdoor Features

  • Covered Deck
  • Covered patio or porch

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 530810418018000009

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,420

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1985
  • Age: 31
  • Style: Two Story
  • Architectural Style: Colonial
  • Total Number of Rooms: 10
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: SPICEWOOD II S3 L-122
  • Parcel Number ID: 530810418018000009
  • Platted: Yes
  • Amenities: Attic Pull Down Stairs, Cable Available, Cable Ready, Ceiling Fan(s), Ceilings-Vaulted, Deck Covered, Eat-In Kitchen, Foyer Entry, Garage Door Opener, Home Warranty Included, Patio Open, Porch Covered, Twin Sink Vanity, Main Floor Laundry
  • Grid: Southeast Bloomington Cit-3000
  • Improvmnts In Last5 Yrs: Yes
  • Inside City Limits: Yes
  • Location: City/Town/Suburb, Near College Campus
  • Sp Lp Percent: 84.91
  • Zoning Description: RS3.5-RS3.5-Sing Dwelling Res
  • Special Features: None

Interior Features

  • Total Sq Ft: 2885
  • Total Finished Sq Ft: 2885
  • Above Grade Finished Sq Ft: 2885
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm
  • Flooring: Hardwood Floors, Carpet, Vinyl
  • Living Great Room: Dimensions: 14x18, On Level: Main
  • Kitchen: Dimensions: 9x11, On Level: Main
  • Breakfast Room: Dimensions: 8x10, On Level: Main
  • Dining Room: Dimensions: 11x12, On Level: Main
  • Family Room: Dimensions: 13x19, On Level: Main
  • Recreation Room: Dimensions: 18x22, On Level: Main
  • Bedroom 1: Dimensions: 11x19, On Level: Upper
  • Bedroom 2: Dimensions: 11x10, On Level: Upper
  • Bedroom 3: Dimensions: 15x12, On Level: Upper
  • Bedroom 4: Dimensions: 16x14, On Level: Upper
  • Main Level Sq Ft: 1646
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Brick, Vinyl
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 21x27
  • Garage Sq Ft: 567

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: Vectren Energy
  • Water Company: Bloomington City Utility
  • Cable Company: Comcast, AT&T
  • Laundry: Dimensions: 5xMain, On Level: 7

Schools

  • School District: Monroe County Community School Corp.
  • Elementary School: Rogers/Binford
  • Middle School: Jackson Creek
  • High School: Bloomington South

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 105 x 125
  • Estimated Lot Sq Ft: 13068
  • Estimated Lot Size Acres: 0.3

Tax Info

  • Annual Taxes: 2420
  • Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2020
Sold by
Higgins Kathleen E and Higgins Natalie Kathleen
Bought by
Higgins Kathleen E and Higgins Patrick W
Current Estimated Value
$529,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Outstanding Balance
$154,348
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$372,842

Purchase Details

Listed on
Oct 31, 2016
Closed on
Mar 24, 2017
Sold by
Joe Kemp Construction Llc
Bought by
Natalie Kathleen E
Seller's Agent
David Blackwell
Blackwell Contractors Inc.
List Price
$344,900
Sold Price
$315,000
Premium/Discount to List
-$29,900
-8.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.35%
Original Mortgage
$225,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 1, 2016
Closed on
Jul 1, 2016
Sold by
Forney Jennifer J
Bought by
Joe Kemp Construction Llc
List Price
$275,000
Sold Price
$225,000
Premium/Discount to List
-$50,000
-18.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.55%
Source: Public Records

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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 Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed $315,000 John Bethell Title
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $215,000 New Conventional
Closed $225,000 New Conventional
Previous Owner $166,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2017 03/24/17 Sold $315,000 -8.7% $109 / Sq Ft
03/06/2017 03/06/17 Pending -- -- --
10/31/2016 10/31/16 For Sale $344,900 +53.3% $120 / Sq Ft
07/01/2016 07/01/16 Sold $225,000 -18.2% $78 / Sq Ft
07/01/2016 07/01/16 Pending -- -- --
06/01/2016 06/01/16 For Sale $275,000 -- $95 / 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 $5,285 $472,300 $105,400 $366,900
2023 $4,967 $450,400 $101,400 $349,000
2022 $4,440 $401,700 $88,100 $313,600
2021 $3,700 $352,200 $82,600 $269,600
2020 $3,587 $340,500 $82,600 $257,900
2019 $3,425 $324,200 $49,600 $274,600
2018 $2,944 $278,400 $50,700 $227,700
2017 $2,483 $235,900 $30,500 $205,400
2016 $2,427 $235,900 $30,500 $205,400
2014 $2,359 $230,400 $30,500 $199,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201624922

Indiana Regional MLS

APN: 53-08-10-418-018.000-009