NOT LISTED FOR SALE

2965 S Pinewood Ln Bloomington, IN 47403

Estimated Value: $189,000 - $366,000

8 Beds
4 Baths
2,976 Sq Ft
$84/Sq Ft Est. Value

Last Sold September 26, 2022

Last sale price $319,511 $107 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $1,628/month

70 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Level Lot
  • 1-Story Property
  • Jackson Creek Middle School Rated A

About This Home

As of September 2022

2 all brick duplexes with 2 bedrooms & 1 bath per unit. Completely redone in 2021 with all new interiors, so everything in is like-new condition. Great rental history. $850/side with tenants paying all utilities including electric, gas, water and sewer. Tenants mow their own yards. Plenty of room for rent increases.

Last Agent to Sell the Property

Dan Rarey

Dan Rarey Real Estate Listed on: 06/16/2022

Last Buyer's Agent

James Regester

Realty Professionals

Realty Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,186

Year Built

  • Built in 1967

Lot Details

  • 9,148 Sq Ft Lot
  • Level Lot

Parking

  • 8 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 2,976 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 53-08-16-200-006.000-009

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $2,788

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,186

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1967
  • Age: 55
  • Style: One Story
  • Bedrooms: 8
  • Number Above Grade Bedrooms: 8
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: Pt W 1/2 NW 16-8-1W .23 acre tract 10 & PT W1/2 NW 16-8-1W .18A Tract 11
  • Parcel Number ID: 53-08-16-200-006.000-009
  • Platted: Yes
  • Amenities: Water Heater Gas
  • Parcel Id2: 53-08-16-200-011.000-009
  • Sp Lp Percent: 94.03
  • Annual Miscellaneous: 4600
  • Monthly Gross Income: 3300
  • Year Taxes Payable: 2021
  • Special Features: None

Interior Features

  • Total Sq Ft: 2976
  • Total Finished Sq Ft: 2976
  • Above Grade Finished Sq Ft: 2976
  • Price Per Sq Ft: 107.36
  • Basement Foundation: Crawl
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Brick
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 8

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 2787.58
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Number Of W D Hookups: 4
  • Number Water Meters: 4

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: irreg
  • Estimated Lot Sq Ft: 9148
  • Estimated Lot Size Acres: 0.21

Rental Info

  • Lease Term: 1 Year

Multi Family

  • Gross Monthly Rent: 3400
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of2 Bedrooms: 4
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 3186

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
Jun 16, 2022
Closed on
Sep 26, 2022
Sold by
Stiffler Virginia M
Bought by
328 S Walnut Property Llc
Seller's Agent
Dan Rarey
Dan Rarey Real Estate
Buyer's Agent
James Regester
Realty Professionals
List Price
$339,800
Sold Price
$319,511
Premium/Discount to List
-$20,289
-5.97%
Views
24
Current Estimated Value
$250,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$69,338
Avg. Annual Appreciation
-7.61%

Purchase Details

Closed on
Aug 3, 2021
Sold by
Gallagher Linda and Gallagher Paul Sheila
Bought by
Stiffler Virginia M

Purchase Details

Closed on
Dec 14, 2012
Sold by
Gibbs Steven
Bought by
Stifler Virginia M and Gallagher Linda

Purchase Details

Closed on
Nov 29, 2006
Sold by
Martin Terri
Bought by
Stiffler Virginia
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
328 S Walnut Property Llc $311,523 Title Plus
Stiffler Virginia M -- None Available
Stifler Virginia M -- None Available
Stiffler Virginia -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2022 09/26/22 Sold $319,511 -6.0% $107 / Sq Ft
06/16/2022 06/16/22 For Sale $339,800 -- $114 / 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 $3,793 $185,300 $18,100 $167,200
2023 $1,092 $103,200 $18,100 $85,100
2022 $1,869 $92,300 $15,900 $76,400
2021 $1,555 $75,000 $10,100 $64,900
2020 $1,550 $75,000 $10,100 $64,900
2019 $1,409 $67,000 $10,100 $56,900
2018 $1,412 $67,000 $10,100 $56,900
2017 $1,457 $69,000 $10,100 $58,900
2016 $1,409 $67,900 $10,100 $57,800
2014 $1,383 $66,400 $10,100 $56,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202224387

Indiana Regional MLS

APN: 53-08-16-200-006.000-009