NOT LISTED FOR SALE

297 E Varsity Ln Bloomington, IN 47408

Estimated Value: $190,872 - $311,000

3 Beds
3 Baths
1,380 Sq Ft
$171/Sq Ft Est. Value

Last Sold January 28, 2013

Last sale price $93,000 $67 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $1,561/month

134 Days on Market

Highlights

  • Walk-In Closet
  • University Elementary School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of January 2013

Great little investment property and good for a first time investor or student looking to own for the first time. Leased at present through Aug. of 2012. Easy to lease with no vacancies for the past 4 years. Owner has maintained the unit well from year to year. Across the street from IU Football Stadium. The location just doesn't get any better than this. HOA is healthy and they maintain the units quite well. Roof is only 2 years old. All rear balconies were replaced. No special assessments exp

Last Agent to Sell the Property

Tracee Lutes

Dropped Members License #RB14009563 Listed on: 07/25/2012

Dropped Members

Last Buyer's Agent

Thomas Gallagher

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,968

Year Built

  • Built in 1985

Lot Details

  • 436

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property

Kitchen

  • Electric Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Finished Basement

  • Walk-Out Basement
  • Basement Window Egress

Additional Features

  • 436 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • Sub Not Found In Table Subdivision

Listing and Financial Details

  • Assessor Parcel Number 530132748037000005

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,968

Year Built

Built in 1985

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Two Story
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2011
  • Year Built: 1985
  • Building Area Total: 1380
  • Garage Y N: No
  • Lot Size Acres: 0.01
  • Subdivision Name: Sub NOT found in Table
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Floor Number: 2
  • Lifestyles: Townhouse
  • Unit Entry Level: 1
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Egress Window(s), Finished, Walk Out
  • Appliances: Dishwasher, Disposal, Electric Oven, Refrigerator
  • Levels: Two
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Walk-in Closet(s)
  • Other Equipment: Not Applicable
  • Eating Area: Eat In Kitchen
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 930
  • Main Level Sq Ft: 450
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Below Grade Sq Ft: 450
  • Upper Level Sq Ft: 480
  • Pct Optional Level Finished: 75+%
  • Bathroom Areas: 3.0000
  • Optional Level Below Grade: Walk Out Basement

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 99950
  • Association Maintained Building Exterior: 1

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: None

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 1200
  • Association Fee Frequency: Annually
  • Condo Description Location: Building Private Entry

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 530132748037000005
  • Acres: CndHPRCoop
  • Lot Number: 75
  • Lot Size: 0

Tax Info

  • Tax Annual Amount: 1968
  • Semi Annual Property Tax Amt: 984
  • Tax Exemption: None

MLS Schools

  • School District: Monroe County Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2017
Sold by
University Properties Ii Llc
Bought by
University Properties Iii Llc
Current Estimated Value
$235,468

Purchase Details

Closed on
Dec 22, 2016
Sold by
Yong Dai Guen and Zhou Xiaoling
Bought by
Stadium Crossing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,115,000
Interest Rate
3.94%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jul 25, 2012
Closed on
Dec 21, 2012
Sold by
Lutes Michael J and Lutes Tracee D
Bought by
Yong Dai Guen and Zhou Xiaoling
Seller's Agent
Tracee Lutes
Dropped Members
Buyer's Agent
Thomas Gallagher
List Price
$93,000
Sold Price
$93,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.57%

Purchase Details

Closed on
Aug 1, 2006
Sold by
C & E Investments Llc
Bought by
Lutes Michael J and Lutes Tracee D

Purchase Details

Closed on
Jul 6, 2006
Sold by
10 29 Llc
Bought by
C & E Investments Llc
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
University Properties Iii Llc -- None Available
University Properties Ii Llc -- None Available
University Properties Llc -- None Available
Stadium Crossing Llc -- None Available
Yong Dai Guen -- None Available
Lutes Michael J -- None Available
C & E Investments Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stadium Crossing Llc $5,115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2013 01/28/13 Sold $93,000 0.0% $67 / Sq Ft
12/07/2012 12/07/12 Pending -- -- --
07/25/2012 07/25/12 For Sale $93,000 -- $67 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $2,712 $132,200 $41,600 $90,600
2023 $1,341 $126,400 $40,000 $86,400
2022 $2,388 $117,700 $40,000 $77,700
2021 $2,210 $106,400 $40,000 $66,400
2020 $2,136 $103,500 $40,000 $63,500
2019 $2,088 $99,300 $40,000 $59,300
2018 $2,093 $99,300 $40,000 $59,300
2017 $2,082 $98,600 $40,000 $58,600
2016 $1,929 $92,800 $40,000 $52,800
2014 $2,123 $101,800 $40,000 $61,800
Source: Public Records

Agents Affiliated with this Home

  • Tracee Lutes

    Seller's Agent in 2013

    Tracee Lutes

    Dropped Members

    (812) 322-2650

    257 Total Sales

    Tracee Lutes
    Section Image

  • T

    Buyer's Agent in 2013

    Thomas Gallagher

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21188700

MIBOR Broker Listing Cooperative®

APN: 53-01-32-748-037.000-005

Indiana Monroe County Bloomington 47408

297 E Varsity Ln, Bloomington, IN

This home is located at 297 E Varsity Ln, Bloomington, IN 47408 since 25 July 2012 and is currently estimated at $235,468, approximately $170 per square foot. This property was built in 1985. 297 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.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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