NOT LISTED FOR SALE

Estimated Value: $213,000 - $252,000

2 Beds
1 Bath
696 Sq Ft
$338/Sq Ft Est. Value

Last Sold May 30, 2014

Last sale price $103,000 $148 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $1,605/month

7 Days on Market

Highlights

  • Eat-In Kitchen
  • Bungalow
  • Forced Air Heating System
  • University Elementary School Rated A
  • 1-Story Property
  • Ceiling Fan

About This Home

As of May 2014

Located just east of the IU campus is this 2 Bedroom bungalow that is currently leased to good tenants for $725/mo through 7/31/2015. There is a 2 car detached garage with gravel floor. Kitchen has lots of cabinets and includes all appliances including washer and dryer. Gas furnace is located in the crawlspace. There are 2 lots with this sale as many homes in this area are on just a single lot. Great chance to get a good investment property just a few blocks from campus and the College Mall.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,864

Year Built

  • Built in 1948

Lot Details

  • 6,300 Sq Ft Lot
  • Lot Dimensions are 50 x 126
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Bungalow
  • Shingle Roof
  • Limestone

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Crawl Space
  • Fire and Smoke Detector
  • Washer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 53-05-34-413-006.000-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,864

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1948
  • Age: 66
  • Style: One Story
  • Architectural Style: Bungalow
  • Total Number of Rooms: 4
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 013-306300-00 Highland HMS BLK V Lots 24 & 25
  • Parcel Number ID: 53-05-34-413-006.000-005
  • Platted: Yes
  • Amenities: Cable Available, Ceiling Fan(s), Detector-Smoke, Eat-In Kitchen, Range/Oven Hook Up Elec, Washer Hook-Up
  • Cross Street: 7th St
  • Investment Property: Yes
  • Location: Near College Campus
  • Sp Lp Percent: 98.1
  • Special Features: None

Interior Features

  • Total Sq Ft: 696
  • Total Finished Sq Ft: 696
  • Above Grade Finished Sq Ft: 696
  • Basement Foundation: Crawl
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 11x16, On Level: Main
  • Kitchen: Dimensions: 10x12, On Level: Main
  • Bedroom 1: Dimensions: 9x11, On Level: Main
  • Bedroom 2: Dimensions: 9x11, On Level: Main
  • Main Level Sq Ft: 696
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Aluminum, Limestone
  • Roof Material: Shingle
  • Outbuilding1: None

Garage/Parking

  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x24
  • Garage Sq Ft: 576

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 50 X 126
  • Estimated Lot Sq Ft: 6300
  • Estimated Lot Size Acres: 0.144
  • Zoning: R1 - Single Family Residential

Tax Info

  • Annual Taxes: 1863.9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2014
Closed on
May 30, 2014
Sold by
Sayyid Ghazala Rakhshanda and Abdul Wahid Sayyid Muhammad
Bought by
Hayes John D and Hayes Stacy R
List Price
$105,000
Sold Price
$103,000
Premium/Discount to List
-$2,000
-1.9%
Current Estimated Value
$235,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,211
Avg. Annual Appreciation
7.49%
Original Mortgage
$25,088
Interest Rate
4.28%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hayes John D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hayes John D $90,000
Closed Hayes John D $71,685
Closed Hayes John D $25,088
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2014 05/30/14 Sold $103,000 -1.9% $148 / Sq Ft
04/14/2014 04/14/14 Pending -- -- --
04/07/2014 04/07/14 For Sale $105,000 -- $151 / 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 $3,882 $189,200 $85,100 $104,100
2023 $3,842 $181,100 $81,800 $99,300
2022 $3,638 $179,300 $81,800 $97,500
2021 $2,958 $142,400 $64,400 $78,000
2020 $2,788 $135,100 $60,900 $74,200
2019 $2,279 $108,300 $45,200 $63,100
2018 $2,282 $108,200 $46,600 $61,600
2017 $2,158 $102,100 $42,900 $59,200
2016 $2,020 $97,200 $42,900 $54,300
2014 $1,898 $91,000 $42,900 $48,100
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 201411451

Indiana Regional MLS

APN: 53-05-34-413-006.000-005