$320,000
SOLD SEP 5, 2018 RENTED NOV 11, 2024
4 Beds
2 Baths
1,796 Sq Ft
7,500 Sq Ft Lot

Recently Sold

$178 Per Sq Ft

2% Below List Price

5 Days on Market

Highlights

  • Detached Second Garage
  • Wood Flooring
  • Central Air
  • Binford Elementary School Rated A
  • Covered Patio or Porch
  • 4-minute walk to Seminary Park

About This Home

As of September 2018

Excellent location near downtown Bloomington and campus. This 2 story rental property is a great investment property, currently leased with leases for next year signed. Features 2 levels of finished SF and full-unfinished basement, 4 bedrooms, 2 bathrooms, 1 office, living room and recently remodeled kitchen. Also includes 20 x 20, 2 garage door detached garage.

Last Agent to Sell the Property

Chris Cockerham

FC Tucker/Bloomington REALTORS Listed on: 07/06/2018

FC Tucker/Bloomington REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,228

Year Built

  • Built in 1899

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50x142
  • Irregular Lot

Home Design

  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property

Flooring

  • Wood
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Crawl Space

Parking

  • 5 Parking Spaces
  • Detached Second Garage
  • Private Parking
  • Gravel Driveway
  • On-Street Parking
  • Off-Street Parking

Additional Features

  • Covered Patio or Porch
  • Suburban Location
  • Central Air

Community Details

  • Community Storage Space
  • Insurance Expense $800

Listing and Financial Details

  • Tenant pays for cable, electric, sewer, trash collection, water
  • The owner pays for building insurance, maintenance
  • Assessor Parcel Number 530804220006000009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,228

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1899
  • Age: 119
  • Style: Bi-Level
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 015-50070-00 Cedar Hill Pt Lot 14 |
  • Parcel Number ID: 530804220006000009
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Storage, Deck Open, Porch Covered
  • Cross Street: Lincoln
  • Inside City Limits: Yes
  • Location: City/Town/Suburb, Near College Campus, Near Walking Trail
  • Road Access: City
  • Road Surface: Paved
  • Sp Lp Percent: 98.46
  • Zoning Description: Irregular
  • Monthly Gross Income: 2350
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 2606
  • Total Finished Sq Ft: 1796
  • Above Grade Finished Sq Ft: 1796
  • Below Grade Sq Ft: 810
  • Price Per Sq Ft: 178.17
  • Basement: Yes
  • Basement Foundation: Crawl, Full Basement, Unfinished
  • Basement Material: Block
  • Flooring: Mixed, Vinyl Tile, Wood
  • Main Level Sq Ft: 986
  • Total Below Grade Sq Ft: 810
  • Number Of Disposals: 1
  • Number Of Microwaves: 1
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 2
  • Outbuilding: 2nd Detached Garage
  • Outbuilding Sq Ft: 400

Garage/Parking

  • Number Of Parking Spaces: 5
  • Parking: Gravel, Off Street, Private, Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electricity
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 800
  • 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

Lot Info

  • Lot Description: Irregular
  • Lot Dimensions: 50X142
  • Estimated Lot Sq Ft: 7500
  • Estimated Lot Size Acres: 0.172

Rental Info

  • Lease Term: 1 Year, Renewal Options
  • Owner Pays: Building Insurance, Maintenance
  • Tenant Pays: Cable, Electric, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 2350
  • Number Of Dishwashers: 1
  • Number Of Dryers: 1
  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 5
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 5227.94

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2018
Closed on
Sep 5, 2018
Sold by
Shrader Scott S and Shrader Jacalyn L
Bought by
Jpm Properties Llc
Seller's Agent
Chris Cockerham
FC Tucker/Bloomington REALTORS
List Price
$325,000
Sold Price
$320,000
Premium/Discount to List
-$5,000
-1.54%
Current Estimated Value
$500,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,344
Avg. Annual Appreciation
6.36%
Original Mortgage
$256,000
Outstanding Balance
$224,617
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$269,793

Purchase Details

Closed on
Aug 2, 2009
Sold by
Shrader Scott S
Bought by
Shrader Scott S and Shrader Jacelyn L
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $256,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/11/2024 11/11/24 Rented $2,600 0.0% --
10/31/2024 10/31/24 For Rent $2,600 +4.0% --
11/08/2021 11/08/21 Rented $2,500 0.0% --
10/14/2021 10/14/21 For Rent $2,500 +6.4% --
11/10/2020 11/10/20 Rented $2,350 0.0% --
10/28/2020 10/28/20 For Rent $2,350 +0.4% --
11/08/2019 11/08/19 Rented $2,340 0.0% --
10/25/2019 10/25/19 For Rent $2,340 +1.7% --
11/06/2018 11/06/18 Rented $2,300 0.0% --
10/16/2018 10/16/18 For Rent $2,300 0.0% --
09/05/2018 09/05/18 Sold $320,000 -1.5% $178 / Sq Ft
07/06/2018 07/06/18 For Sale $325,000 -- $181 / 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 $8,701 $425,000 $145,300 $279,700
2023 $4,411 $416,900 $145,300 $271,600
2022 $7,489 $372,900 $126,400 $246,500
2021 $6,405 $312,000 $110,400 $201,600
2020 $6,068 $296,600 $110,400 $186,200
2019 $6,563 $313,700 $70,200 $243,500
2018 $5,309 $253,000 $61,800 $191,200
2017 $4,963 $235,000 $61,800 $173,200
2016 $4,813 $231,900 $61,800 $170,100
2014 $4,606 $221,200 $56,700 $164,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201829504

Indiana Regional MLS

APN: 53-08-04-220-006.000-009