$450,000
SOLD JUN 5, 2025
2 Beds
1 Bath
1,580 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$285 Per Sq Ft

22% Below List Price

42 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Wood Siding
  • Binford Elementary School Rated A
  • Community Storage Space
  • 1-Story Property

About This Home

As of June 2025

Located directly across the street from Indiana University (Forrest Quad). R4 zoning. Can build duplex with at least 6 bedrooms. Possible fourplex with at least 12 bedrooms.Lot to the North is owned by Indiana University. The single family property that is currently located on the lot has 2+ bedrooms, one full bathroom, a fully finished attic, newer roof & furnace, parking in front and in back, hardwood floors, large unfinished basement and views of campus that are awesome. Current renters permit for 3 unrelated adults. Can access the property from Arbutus Dr or the alley behind the property, allowing for potential build of a duplex etc. in the back. Currently vacant.

Last Agent to Sell the Property

Gretchen Nall

Bloomington Rentals and Realty Brokerage Phone: 812-360-2288 Listed on: 04/23/2025

Last Buyer's Agent

Gretchen Nall

Bloomington Rentals and Realty Brokerage Phone: 812-360-2288 Listed on: 04/23/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,830

Year Built

  • Built in 1920

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 72x126
  • Irregular Lot

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 6 Parking Spaces
  • Gravel Driveway
  • On-Street Parking
  • Off-Street Parking

Schools

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

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Community Storage Space

Listing and Financial Details

  • Assessor Parcel Number 53-08-03-202-053.000-009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,830

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1920
  • Age: 105
  • Style: One and Half Story
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 015-35740-00 Kirkwood Hts Pt Lot 2 (2C)
  • Parcel Number ID: 53-08-03-202-053.000-009
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Storage, Deck Open
  • Sp Lp Percent: 91.84
  • Year Taxes Payable: 2024
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 2620
  • Total Finished Sq Ft: 1580
  • Above Grade Finished Sq Ft: 1580
  • Below Grade Sq Ft: 1040
  • Price Per Sq Ft: 284.81
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Wood
  • Total Below Grade Sq Ft: 1040
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Wood
  • Stories: 1

Garage/Parking

  • Driveway: Concrete, Gravel
  • Number Of Parking Spaces: 6
  • Parking: Off Street, Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Of W D Hookups: 1

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: Irregular
  • Lot Dimensions: 72x126
  • Estimated Lot Sq Ft: 5663
  • Estimated Lot Size Acres: 0.13

Multi Family

  • Number Of Dryers: 1
  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Number Of Washers: 1
  • Num Of2 Bedrooms: 1

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

Listed on
Apr 23, 2025
Closed on
Apr 17, 2025
Sold by
Kinne Sara S
Bought by
Nh Properties Llc
Seller's Agent
Gretchen Nall
Bloomington Rentals and Realty
Buyer's Agent
Gretchen Nall
Bloomington Rentals and Realty
List Price
$579,000
Sold Price
$450,000
Premium/Discount to List
-$129,000
-22.28%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
312.54%
Source: Public Records

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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 Type Sale Price Title Company
Deed $319,000 John Bethel Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2025 06/05/25 Sold $450,000 -8.2% $285 / Sq Ft
05/15/2025 05/15/25 Price Changed $490,000 -6.5% $310 / Sq Ft
05/07/2025 05/07/25 Price Changed $524,000 -9.5% $332 / Sq Ft
04/23/2025 04/23/25 For Sale $579,000 +81.5% $366 / Sq Ft
04/17/2025 04/17/25 Sold $319,000 -3.3% $202 / Sq Ft
04/11/2025 04/11/25 Pending -- -- --
04/07/2025 04/07/25 For Sale $330,000 -- $209 / 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 $5,830 $284,800 $112,800 $172,000
2023 $5,627 $265,900 $112,800 $153,100
2022 $4,770 $235,600 $98,000 $137,600
2021 $4,197 $202,500 $92,200 $110,300
2020 $3,973 $192,200 $88,200 $104,000
2019 $3,837 $182,500 $68,600 $113,900
2018 $3,275 $155,400 $40,300 $115,100
2017 $3,113 $147,400 $40,300 $107,100
2016 $2,864 $138,000 $40,300 $97,700
2014 $2,773 $133,200 $44,300 $88,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202514193

Indiana Regional MLS

APN: 53-08-03-202-053.000-009