NOT LISTED FOR SALE

2998 S Sare Rd Bloomington, IN 47401

Estimated Value: $555,000 - $619,127

5 Beds
3.5 Baths
3,730 Sq Ft
$155/Sq Ft Est. Value

Last Sold June 07, 2022

Last sale price $330,000 $88 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $4,047/month

17 Days on Market

Highlights

  • Living Room with Fireplace
  • Ranch Style House
  • 2 Car Attached Garage
  • Binford Elementary School Rated A
  • Corner Lot
  • Ceramic Tile Flooring

About This Home

As of June 2022

Prime Location, very large ranch over walk-out basement. 2 fireplaces, 4 bedrooms, study, 4 baths and Living Room, Family Room. This has been a rental for years, and needs some Cosmetic work. Location, Location, Location = a great opportunity for you! Solid home, just needs your personal touch! 4488 square feet! Tenants are on a month to month lease, minimum 48 hr notice on showings. No indoor pictures due to tenants

Last Agent to Sell the Property

Janet Lane

Century 21 Scheetz - Bloomington Listed on: 03/31/2022

Century 21 Scheetz - Bloomington

Last Buyer's Agent

Janet Lane

Century 21 Scheetz - Bloomington Listed on: 03/31/2022

Century 21 Scheetz - Bloomington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,200

Year Built

  • Built in 1985

Lot Details

  • 0.52 Acre Lot
  • Privacy Fence
  • Corner Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Poured Concrete
  • Shingle Siding
  • Vinyl Construction Material

Interior Spaces

  • Ceiling Fan
  • Living Room with Fireplace
  • 2 Fireplaces
  • Pull Down Stairs to Attic

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Basement

  • Walk-Out Basement
  • 1 Bathroom in Basement
  • 2 Bedrooms in Basement

Schools

  • Rogers/Binford Elementary School
  • Jackson Creek Middle School
  • Bloomington South High School

Utilities

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

Community Details

  • Spicewood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 53-08-11-306-001.000-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,200

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1985
  • Age: 37
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 12
  • Total Number of Rooms Below Grade: 5
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 4
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Legal Description: 015-04270-00 SPICEWOOD II SEC I LOT 88
  • Parcel Number ID: 53-08-11-306-001.000-009
  • Platted: Yes
  • Amenities: Attic Pull Down Stairs, Deck Open
  • Number Below Grade Bedrooms: 2
  • Sp Lp Percent: 90.41
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 4488
  • Total Finished Sq Ft: 3730
  • Above Grade Finished Sq Ft: 2244
  • Below Grade Finished Sq Ft: 1486
  • Below Grade Sq Ft: 758
  • Price Per Sq Ft: 147.06
  • Basement: Yes
  • Basement Foundation: Walk-Out Basement
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 2
  • Fireplace: Family Rm, Living/Great Rm
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile
  • Living Great Room: Dimensions: 24x15, On Level: Main
  • Kitchen: Dimensions: 21x18, On Level: Main
  • Dining Room: Dimensions: 15x14, On Level: Main
  • Family Room: Dimensions: 21x14, On Level: Lower
  • Den: Dimensions: 15x14, On Level: Main
  • Bedroom 1: Dimensions: 15x15, On Level: Main
  • Bedroom 2: Dimensions: 14x12, On Level: Main
  • Bedroom 3: Dimensions: 14x12, On Level: Main
  • Bedroom 4: Dimensions: 18x15, On Level: Lower
  • Bedroom 5: Dimensions: 15x12, On Level: Lower
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 2244

Exterior Features

  • Exterior: Shingle, Vinyl
  • Outbuilding1: None
  • Fence: Privacy

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x26
  • Garage Sq Ft: 624
  • Garage: Yes

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
  • Cable Company: Comcast, AT&T
  • Hvac: Ceiling Fan
  • Laundry: Dimensions: Lowerx12, On Level: 12

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 21780
  • Estimated Lot Sq Ft: 22651
  • Estimated Lot Size Acres: 0.52

Tax Info

  • Annual Taxes: 8200

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

Closed on
Sep 5, 2007
Sold by
Beams Marvin I and Beams Pauline Hilda
Bought by
Beams Kent
Current Estimated Value
$578,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Outstanding Balance
$130,148
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$448,384
Source: Public Records

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
Beams Kent -- Hoosier Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beams Kent $204,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2022 06/07/22 Sold $330,000 -9.6% $88 / Sq Ft
03/31/2022 03/31/22 For Sale $365,000 -- $98 / 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 $11,614 $525,200 $146,200 $379,000
2023 $10,602 $501,000 $140,500 $360,500
2022 $9,034 $446,200 $122,200 $324,000
2021 $8,200 $395,600 $114,500 $281,100
2020 $7,135 $345,200 $114,500 $230,700
2019 $6,607 $314,200 $68,700 $245,500
2018 $6,307 $299,300 $67,100 $232,200
2017 $5,865 $277,700 $40,300 $237,400
2016 $5,401 $260,200 $40,300 $219,900
2014 $5,284 $253,800 $40,300 $213,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202210750

Indiana Regional MLS

APN: 53-08-11-306-001.000-009