NOT LISTED FOR SALE

2750 E Cove Ct Unit 12 Bloomington, IN 47401

Estimated Value: $673,000 - $990,598

5.5 Acres
$160,703 Price per Acre
239,580 Sq Ft Lot

Last Sold June 23, 2016

Last sale price $89,900

Est. 883% increase in value since last sale

Current estimated payment $5,552/month

98 Days on Market

About This Lot

As of June 2016

BEAUTY ON LAKE MONROE! Pedigo Bay is a gated community near the Dam, on the southwestern shores of Lake Monroe, provides a perfect setting for homes that emphasize diverse tastes and lifestyles within this unique and tranquil environment. Leave the fast paced world behind and enjoy the peace and solace of life adjacent to one of Indiana's most magnificent lakes. Surrounded by Hoosier National Forest, a 200,000 acre pristine forest land that supports an incredible wealth of plant & animal species. Located in the heart of Southern Indiana, on hour south of Indianapolis and just a few miles from Bloomington, home of Indiana University. This lot is magnificently wooded with a gentle terrain and several sweet spots for building your home. Settle toward the street or nestle back into the woods for privacy, it's your choice. Sewer, water, electric & high speed internet are all available. Sewer hook-on fee of $12,000 is required to be paid at closing.

Last Agent to Sell the Property

Tracee Lutes

RE/MAX Acclaimed Properties Listed on: 03/14/2016

RE/MAX Acclaimed Properties

Last Buyer's Agent

Tracee Lutes

RE/MAX Acclaimed Properties Listed on: 03/14/2016

RE/MAX Acclaimed Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,536

Lot Details

  • 5.5 Acre Lot
  • Property fronts a private road
  • Finished Lot(s)
  • Zoning described as PUD-Planned Unit Dev.(MO)

HOA Fees

  • $108 Monthly HOA Fees

Schools

  • Lakeview Elementary School
  • Jackson Creek Middle School
  • Bloomington South High School

Utilities

  • Heating System Uses Gas
  • Private Sewer

Community Details

  • Pedigo Bay Subdivision
  • The community has rules related to building or community restrictions

Listing and Financial Details

  • Assessor Parcel Number 53-11-35-400-008.000-006

Property Details

Property Type

Land

Est. Annual Taxes

$7,536

Lot Details

0

HOA Fees

$108 per month

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: Lot 12b Pedigo Bay |
  • Parcel Number ID: 53-11-35-400-008.000-006
  • Platted: Yes
  • Road Access: County
  • Road Surface: Paved
  • Sp Lp Percent: 100
  • Zoning Description: PUD-Planned Unit Dev.(MO)
  • Parcel Description: Lake, Partially Wooded, Waterfront
  • Restrictions: Building Restrictions
  • Type of Sale: Traditional
  • Platted Development: Yes
  • Type Use: Residential
  • Year Taxes Payable: 2011/2012
  • Special Features: None

Exterior Features

  • Road Frontage: Private

Utilities

  • Water Utilities: Public
  • Electricity Type: Available
  • Fuel Type: Gas
  • Sewer Type: Private

Condo/Co-op/Association

  • Association Fees: 1300
  • Association Fees Frequency: Annually

Schools

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

Lot Info

  • Lot Dimensions: 5.5 Acres +/-
  • Estimated Lot Sq Ft: 239580
  • Estimated Lot Size Acres: 5.5
  • Lot Number: 12

Tax Info

  • Annual Taxes: 19.52

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2016
Closed on
Jun 23, 2016
Sold by
Pedigo Bay Development Llc
Bought by
Buch Karl and Buch Joni
Seller's Agent
Tracee Lutes
RE/MAX Acclaimed Properties
Buyer's Agent
Tracee Lutes
RE/MAX Acclaimed Properties
List Price
$89,900
Sold Price
$89,900
Current Estimated Value
$883,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$793,966
Avg. Annual Appreciation
28.31%
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
Buch Karl -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buch Karl $651,000
Previous Owner Pedigo Bay Development Llc $840,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2016 06/23/16 Sold $89,900 0.0% --
06/20/2016 06/20/16 Pending -- -- --
03/14/2016 03/14/16 For Sale $89,900 -- --
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 $7,536 $816,500 $133,200 $683,300
2023 $7,335 $783,100 $128,200 $654,900
2022 $6,644 $708,200 $128,200 $580,000
2021 $6,277 $652,600 $128,200 $524,400
2020 $2,055 $128,200 $128,200 $0
2019 $1,770 $128,200 $128,200 $0
2018 $1,785 $128,200 $128,200 $0
2017 $1,284 $92,200 $92,200 $0
2016 $148 $10,800 $10,800 $0
2014 $25 $1,800 $1,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201610597

Indiana Regional MLS

APN: 53-11-35-400-008.000-006