NOT LISTED FOR SALE

315 Wilson Dr Unit 315-336 Wilson Drive Bloomfield, IN 47424

Estimated Value: $20,000 - $197,000

32 Beds
16 Baths
13,376 Sq Ft
$9/Sq Ft Est. Value

Last Sold July 22, 2020

Last sale price $556,900 $42 Per Sq Ft

Current estimated payment $780/month

147 Days on Market

Highlights

  • Covered Patio or Porch
  • Laundry in Utility Room
  • Level Lot
  • Eat-In Kitchen
  • Central Air
  • Carpet

About This Home

As of July 2020

ATTENTION Investors! Multi Family with a current 8.5% cap rate and great NOI. Immediate potential for a higher cap rate! Investment opportunity available in Greene County. 8 duplexes (16 units) have been well maintained and managed. All units are 2BD/1BA. Separate meters therefore tenants pay their own utilities. Owner pays sewage, maintenance and lawn care. Current owner has spared little expense continuing to upgrade the properties. Great location for Crane commuters!

Last Agent to Sell the Property

Amy Rhoda

Revestco LLC Listed on: 12/06/2019

Last Buyer's Agent

Lisa Williamson

Orion Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,242

Year Built

  • Built in 1972

Lot Details

  • 4 Acre Lot
  • Rural Setting
  • Level Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Brick Foundation
  • Shingle Roof

Interior Spaces

  • 13,376 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Fire and Smoke Detector
  • Laundry in Utility Room

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 32 Bedrooms
  • 16 Full Bathrooms

Parking

  • 32 Car Garage
  • Basement Garage
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • Bloomfield Elementary And Middle School
  • Bloomfield High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric, water
  • The owner pays for lawn maintenance, maintenance, snow removal, sewer
  • Assessor Parcel Number 28-08-22-114-077.000-025

Community Details

Overview

  • 8 Buildings
  • 16 Units

Building Details

  • Electric Expense $989
  • Fuel Expense $2,612
  • Insurance Expense $3,946
  • Maintenance Expense $24,800
  • Water Sewer Expense $8,493

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,242

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1972
  • Age: 48
  • Style: One Story
  • Bedrooms: 32
  • Number Above Grade Bedrooms: 32
  • Total Bathrooms: 16
  • Total Full Bathrooms: 16
  • Legal Description: 025-00554-00 RICHLAND HGTS.3" LOT 9 & 025-00547-00 RICHLAND HEIGHTS 3" LOT 8
  • Parcel Number ID: 28-08-22-114-077.000-025
  • Platted: Yes
  • Amenities: Off Street Parking, Cable Available, Cable Ready, Countertops-Laminate, Detector-Smoke, Eat-In Kitchen, Porch Covered
  • Location: Rural Subdivision
  • Sp Lp Percent: 100
  • Monthly Gross Income: 7182
  • Year Taxes Payable: 2018
  • Special Features: None

Interior Features

  • Total Sq Ft: 13376
  • Total Finished Sq Ft: 13376
  • Above Grade Finished Sq Ft: 13376
  • Price Per Sq Ft: 41.63
  • Basement Foundation: Crawl
  • Basement Material: Brick
  • Flooring: Carpet, Laminate, Vinyl
  • Number Of Disposals: 16
  • Number Of Ranges Ovens: 16

Exterior Features

  • Exterior: Brick
  • Roof Material: Shingle
  • Stories: 1

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 32
  • Parking: Off Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: Public
  • Water Utilities: City
  • Electric Company: Bloomfield REMC
  • Annual Electric: 989
  • Annual Fuel Expense: 2612
  • Annual Insurance Expense: 3946
  • Annual Maintenance Expense: 24800
  • Annual Water Sewer Expense: 8493
  • Number Of W D Hookups: 16

Schools

  • School District: Bloomfield S.D.
  • Elementary School: Bloomfield
  • Middle School: Bloomfield
  • High School: Bloomfield
  • Elementary School: Bloomfield

Lot Info

  • Lot Description: Level
  • Lot Dimensions: Approximately 4 Acres
  • Estimated Lot Sq Ft: 174240
  • Estimated Lot Size Acres: 4

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Lawn Maintenance, Maintenance, Snow Removal, Sewer
  • Tenant Pays: Electric, Water

Multi Family

  • Gross Monthly Rent: 7182
  • Number Of Refrigerators: 16
  • Number Of Units: 16
  • Num Of2 Bedrooms: 16
  • Num Of Units Rented: 12

Tax Info

  • Annual Property Tax: 7242

MLS Schools

  • High School: Bloomfield
  • Middle School: Bloomfield
  • School District: Bloomfield S.D.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2019
Closed on
Jul 22, 2020
Sold by
Wilson Bloomfield Llc
Bought by
Ready To Go Llc
Seller's Agent
Amy Rhoda
Revestco LLC
Buyer's Agent
Lisa Williamson
Orion Real Estate LLC
List Price
$556,900
Sold Price
$556,900
Current Estimated Value
$122,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$434,233
Avg. Annual Appreciation
-22.53%
Original Mortgage
$417,675
Outstanding Balance
$375,909
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
-$227,909

Purchase Details

Closed on
Jun 28, 2016
Sold by
Wilson Drive Llc
Bought by
Wilson Bloomfield Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,500
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2015
Sold by
Boone James B
Bought by
Wilson Drive Llc
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 Buyer Sale Price Title Company
Ready To Go Llc -- None Available
Wilson Bloomfield Llc -- First American Title
Wilson Drive Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ready To Go Llc $417,675
Previous Owner Wilson Bloomfield Llc $364,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2020 07/22/20 Sold $556,900 0.0% $42 / Sq Ft
05/01/2020 05/01/20 Pending -- -- --
02/24/2020 02/24/20 For Sale $556,900 0.0% $42 / Sq Ft
12/15/2019 12/15/19 Pending -- -- --
12/06/2019 12/06/19 For Sale $556,900 -- $42 / 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 $1,560 $77,400 $14,300 $63,100
2023 $1,546 $76,700 $14,300 $62,400
2022 $1,684 $84,200 $14,300 $69,900
2021 $1,584 $78,600 $14,300 $64,300
2020 $1,486 $73,700 $14,300 $59,400
2019 $1,046 $51,700 $14,300 $37,400
2018 $1,046 $51,700 $14,300 $37,400
2017 $1,158 $57,300 $14,300 $43,000
2016 $1,150 $56,500 $14,200 $42,300
2014 $1,128 $55,800 $14,200 $41,600
2013 -- $52,900 $14,300 $38,600
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Amy Rhoda

    Revestco LLC

    (812) 583-0919

    82 Total Sales

    Amy Rhoda
    Section Image
  • Lisa Williamson

    Buyer's Agent in 2020

    Lisa Williamson

    Orion Real Estate LLC

    (812) 929-9312

    19 Total Sales

    Lisa Williamson
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201952128

Indiana Regional MLS

APN: 28-08-22-114-077.000-025

Indiana Greene County Bloomfield 47424

315 Wilson Dr Unit 315-336 Wilson Drive, Bloomfield, IN

This home is located at 315 Wilson Dr Unit 315-336 Wilson Drive, Bloomfield, IN 47424 since 06 December 2019 and is currently estimated at $122,667, approximately $9 per square foot. This property was built in 1972. 315 Wilson Dr Unit 315-336 Wilson Drive is a home located in Greene County with nearby schools including Bloomfield Elementary School and Bloomfield Junior/Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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