Seller's Agent in 2019
Don Griffin
Griffin Realty Holdings LLC
(812) 327-9232
2 in this area
113 Total Sales
310 E 2nd St Bloomington, IN 47401
Elm Heights NeighborhoodEstimated Value: $518,000 - $763,238
7
Beds
5
Baths
1,162
Sq Ft
$565/Sq Ft
Est. Value
Highlights
- Forced Air Heating System
- Binford Elementary School Rated A
- 3-minute walk to Seminary Park
About This Home
As of May 2019Get two properties in one great deal with this listing! Located a half-mile from Indiana University's campus, this investment is perfect for your rental portfolio. The first home, number 308, offers three bedrooms and two bathrooms. Built in 2009, this newer unit also offers a full basement for storage with its own private entrance. The second, 1.5 story unit boasts four bedrooms and one-and-a-half bathrooms. While it is the older of the two homes, a new roof and half bath keep it up-to-date. Each property has a five-person occupancy limit for maximum earning potential; currently, both homes bring in $3850 per month in rent! If the close proximity to the university wasn't enough, the units are also within walking distance to restaurants, a post office, grocery store, and more, so that your carless tenants need not worry about transportation. It's currently leased until July 2019, so you don't have to worry about finding tenants. With its rental potential and amazing location, this is one investment opportunity you don't want to miss. Come view it today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,898
Year Built
- Built in 1899
Lot Details
- 8,803 Sq Ft Lot
Interior Spaces
- 1,162 Sq Ft Home
- 1.5-Story Property
Bedrooms and Bathrooms
- 7 Bedrooms
Schools
- Templeton Elementary School
- Batchelor Middle School
- Bloomington South High School
Utilities
- Forced Air Heating System
- Heating System Uses Gas
Community Details
Listing and Financial Details
- Tenant pays for electric, fuel, heating, water
- The owner pays for building insurance
- Assessor Parcel Number 53-08-04-220-018.000-009
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 3, 2019
Closed on
May 7, 2019
Sold by
Member
Bought by
Tarter Gary A
Seller's Agent
Don Griffin
Griffin Realty Holdings LLC
Buyer's Agent
Frank Kerker
812RealEstate.com
List Price
$529,900
Sold Price
$465,000
Premium/Discount to List
-$64,900
-12.25%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,060
Avg. Annual Appreciation
5.27%
Interest Rate
4.14%
Purchase Details
Listed on
Apr 3, 2019
Closed on
May 6, 2019
Sold by
Tdstew Llc
Bought by
Amber Rentals Llc
Seller's Agent
Don Griffin
Griffin Realty Holdings LLC
Buyer's Agent
Frank Kerker
812RealEstate.com
List Price
$529,900
Sold Price
$465,000
Premium/Discount to List
-$64,900
-12.25%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.14%
Purchase Details
Closed on
Mar 26, 2010
Sold by
Cebt Forward Llc
Bought by
Tdstew Llc
Purchase Details
Closed on
Apr 14, 2009
Sold by
Stewart Jeff W
Bought by
Cebt Forward Llc
Purchase Details
Closed on
Sep 29, 2008
Sold by
Montgomery Paul D and Montgomery Laura L
Bought by
Stewart Jeff W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
6.52%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 8, 2006
Sold by
Creative Home Concepts Llc
Bought by
Montgomery Paul D and Montgomery Laura L
Purchase Details
Closed on
May 31, 2006
Sold by
Culver Family Foundation Inc
Bought by
Creative Home Concepts Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.62%
Mortgage Type
Unknown
Purchase Details
Closed on
Apr 6, 2006
Sold by
Barts Water Ski Center Inc
Bought by
The Culver Family Foundation Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.62%
Mortgage Type
Unknown
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tarter Gary A | $465,000 | -- | |
| Amber Rentals Llc | -- | None Available | |
| Tdstew Llc | -- | None Available | |
| Cebt Forward Llc | -- | None Available | |
| Stewart Jeff W | -- | None Available | |
| Montgomery Paul D | -- | None Available | |
| Creative Home Concepts Llc | -- | None Available | |
| The Culver Family Foundation Inc | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Tarter Gary A | -- | |
| Previous Owner | Stewart Jeff W | $142,000 | |
| Previous Owner | Creative Home Concepts Llc | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/07/2019 05/07/19 | Sold | $465,000 | -12.2% | $400 / Sq Ft |
| 04/03/2019 04/03/19 | For Sale | $529,900 | -- | $456 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $14,584 | $712,400 | $158,000 | $554,400 |
| 2023 | $7,540 | $712,600 | $158,000 | $554,600 |
| 2022 | $12,962 | $640,200 | $137,400 | $502,800 |
| 2021 | $11,143 | $537,600 | $120,000 | $417,600 |
| 2020 | $8,776 | $424,600 | $120,000 | $304,600 |
| 2019 | $9,258 | $440,300 | $76,400 | $363,900 |
| 2018 | $8,733 | $414,400 | $76,600 | $337,800 |
| 2017 | $8,116 | $384,300 | $76,600 | $307,700 |
| 2016 | $7,898 | $380,500 | $76,600 | $303,900 |
| 2014 | $7,612 | $365,600 | $70,300 | $295,300 |
Source: Public Records
Agents Affiliated with this Home
-
Don Griffin
-
Tim Ballard
T
Seller Co-Listing Agent in 2019
Tim Ballard
Aligned Property Group
(812) 325-1648
1 in this area
68 Total Sales
-
Frank Kerker
Buyer's Agent in 2019
Frank Kerker
812RealEstate.com
(812) 360-9088
40 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 201911646
APN: 53-08-04-220-018.000-009
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