NOT LISTED FOR SALE

305 E Lookout Ln Bloomington, IN 47408

Estimated Value: $580,000 - $779,000

4 Beds
4.5 Baths
4,398 Sq Ft
$150/Sq Ft Est. Value

Last Sold August 22, 2024

Last sale price $650,000 $148 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,725/month

55 Days on Market

Highlights

  • In Ground Pool
  • Living Room with Fireplace
  • Covered Patio or Porch
  • Marlin Elementary School Rated A
  • Ranch Style House
  • Cul-De-Sac

About This Home

As of August 2024

Beautiful completely remodeled ranch over a finished walkout basement in Marlin Hills! This 4400 SF home includes 4 bedrooms & 4.5 baths and is perfectly situated on a quiet 1.27 Acre cul-de-sac lot that backs up to a tree line. Home features a great floor plan, large rooms, 3 brick fireplaces, covered front and back porches, and a lower level family room with room for a bar and a pool table, and an inground pool in the backyard! Very desirable location just minutes from Indiana University and downtown Bloomington, yet also a quick trip to hop onto I-69! Don't miss out on the opportunity to buy your dream home!

Last Agent to Sell the Property

Ajmal Safi

RE/MAX Acclaimed Properties Brokerage Phone: 812-219-1598 Listed on: 05/24/2024

RE/MAX Acclaimed Properties

Last Buyer's Agent

Zakary Szymanski

Stellar Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,546

Year Built

  • Built in 1965

Lot Details

  • 1.27 Acre Lot
  • Cul-De-Sac
  • Irregular Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Walk-Out Ranch
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • Living Room with Fireplace
  • 3 Fireplaces
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • 1 Bathroom in Basement

Pool

  • In Ground Pool
  • Spa

Schools

  • Marlin Elementary School
  • Tri-North Middle School
  • Bloomington North High School

Utilities

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

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 53-05-16-302-004.000-004

Community Details

Overview

  • Marlin Hills Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,546

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1965
  • Style: One Story
  • Architectural Style: Ranch, Walkout Ranch
  • Bedrooms: 4
  • Total Bathrooms: 5
  • Total Full Bathrooms: 4
  • Total Number of Half Bathrooms: 1
  • Legal Description: 012-17370-00 Marlin Hills 2ND Lot 60 & Pt (8') Lot 59
  • Parcel Number ID: 53-05-16-302-004.000-004
  • Platted: Yes
  • Amenities: Hot Tub/Spa, Porch Covered, Main Floor Laundry
  • Cross Street: Hillview Dr
  • Location: City/Town/Suburb
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 4618
  • Total Finished Sq Ft: 4398
  • Above Grade Finished Sq Ft: 2630
  • Below Grade Finished Sq Ft: 1768
  • Below Grade Sq Ft: 220
  • Basement: Yes
  • Basement Foundation: Full Basement, Walk-Out Basement
  • Basement Material: Block
  • Number Of Fireplaces: 3
  • Fireplace: Family Rm, Living/Great Rm
  • Fireplace: Yes
  • Living Great Room: Dimensions: 13x16, On Level: Main
  • Kitchen: Dimensions: 12x10, On Level: Main
  • Dining Room: Dimensions: 12x10, On Level: Main
  • Family Room: Dimensions: 14x16, On Level: Lower
  • Den: Dimensions: 15x14, On Level: Main
  • Recreation Room: Dimensions: 22x20, On Level: Lower
  • Bedroom 1: Dimensions: 15x14, On Level: Main
  • Bedroom 2: Dimensions: 12x10, On Level: Main
  • Bedroom 3: Dimensions: 12x10, On Level: Main
  • Bedroom 4: Dimensions: 20x14, On Level: Lower
  • Main Level Sq Ft: 2630
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 3
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1988

Exterior Features

  • Exterior: Brick
  • Roof Material: Asphalt
  • Outbuilding1: None
  • Pool: Below Ground
  • Pool: Yes

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x24
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Water Company: Bloomington City Utility
  • Laundry: Dimensions: Mainx8, On Level: 10

Schools

  • Elementary School: Marlin

Lot Info

  • Lot Description: Cul-De-Sac, Irregular, 0-2.9999
  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 55321
  • Estimated Lot Size Acres: 1.27
  • Lot Number: 60

Tax Info

  • Annual Taxes: 3546.12
  • Exemptions: Homestead, Supplemental

MLS Schools

  • High School: Bloomington North
  • Middle School: Tri-North
  • School District: Monroe County Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2024
Closed on
Aug 22, 2024
Sold by
Gillenwater Sean W
Bought by
Wade Warren
Seller's Agent
Ajmal Safi
RE/MAX Acclaimed Properties
Buyer's Agent
Zakary Szymanski
Stellar Realty Group
List Price
$749,000
Sold Price
$650,000
Premium/Discount to List
-$99,000
-13.22%
Views
60
Current Estimated Value
$659,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,711
Avg. Annual Appreciation
1.06%

Purchase Details

Closed on
Apr 22, 2021
Sold by
Gillenwater Sean W and Gillenwater Elizabeth Anne
Bought by
Gillenwater Sean W and Gillenwater Elizabeth Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 6, 2018
Closed on
May 7, 2018
Sold by
Poa Carol Campbell
Bought by
Gillenwater Sean W and Krzesniak Elizabeth Anne
Buyer's Agent
Andrea Lutz
RE/MAX Acclaimed Properties
List Price
$249,900
Sold Price
$246,000
Premium/Discount to List
-$3,900
-1.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.65%
Original Mortgage
$196,800
Interest Rate
4.44%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Wade Warren $650,000 John Bethel Title Company
Gillenwater Sean W -- None Available
Gillenwater Sean W $246,000 --
Gillenwater Sean W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gillenwater Sean W $237,000
Previous Owner Gillenwater Sean W $196,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/22/2024 08/22/24 Sold $650,000 -2.3% $148 / Sq Ft
07/12/2024 07/12/24 Price Changed $665,000 -4.7% $151 / Sq Ft
06/05/2024 06/05/24 Price Changed $698,000 -6.8% $159 / Sq Ft
05/24/2024 05/24/24 For Sale $749,000 +204.5% $170 / Sq Ft
05/07/2018 05/07/18 Sold $246,000 -1.6% $56 / Sq Ft View Prior Sale
03/06/2018 03/06/18 For Sale $249,900 -- $57 / 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 $3,713 $462,400 $73,300 $389,100
2023 $3,546 $440,900 $70,500 $370,400
2022 $3,273 $404,800 $70,500 $334,300
2021 $2,978 $361,200 $70,500 $290,700
2020 $2,874 $333,000 $60,500 $272,500
2019 $2,601 $313,900 $50,500 $263,400
2018 $2,494 $293,000 $50,500 $242,500
2017 $2,440 $286,000 $50,500 $235,500
2016 $2,726 $277,200 $50,500 $226,700
2014 $2,299 $295,100 $50,000 $245,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202418682

Indiana Regional MLS

APN: 53-05-16-302-004.000-004