322 E 16th St Bloomington, IN 47408
Estimated Value: $374,548 - $444,000
3
Beds
3
Baths
1,476
Sq Ft
$279/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Ranch Style House
- Corner Lot
- University Elementary School Rated A
- Backs to Open Ground
- Covered patio or porch
About This Home
As of November 2022Fantastic property near the IU Stadium and close to everything on the IU Campus! The interior of this home is in great condition and the floor plan is perfect for a student rental or owner occupied home! 2 of the bedrooms have full bathrooms in them and the 3rd bedroom has access to the full bathroom in the hall. The kitchen and living room are spacious. Hard to find a home this nice in this location! Current rent is $2,000/month thru May 31, 2023. Rents should be much higher for this area but the owners son and family friends are occupying the home so the Seller chose to keep rents low and help the boys. Don't miss this great opportunity as homes like this do not come on the market very often!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,631
Year Built
- Built in 1995
Lot Details
- 3,485 Sq Ft Lot
- Lot Dimensions are 50 x 66
- Backs to Open Ground
- Corner Lot
Parking
- Off-Street Parking
Home Design
- Ranch Style House
- Vinyl Construction Material
Interior Spaces
- Open Floorplan
- Partially Finished Basement
- Crawl Space
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Outdoor Features
- Covered patio or porch
Schools
- University Elementary School
- Tri-North Middle School
- Bloomington North High School
Utilities
- Central Air
- Cable TV Available
Community Details
- Northeast Bloomington City Subdivision
Listing and Financial Details
- Assessor Parcel Number 53-05-33-201-022.000-005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 7, 2022
Closed on
Nov 17, 2022
Sold by
Thomas And Janine Smith Living Trust
Bought by
Leung Curtis C
Seller's Agent
Bryan Paine
RE/MAX Acclaimed Properties
Buyer's Agent
Lesa Miller
RE/MAX Realty Professionals
List Price
$379,900
Sold Price
$372,500
Premium/Discount to List
-$7,400
-1.95%
Total Days on Market
18
Views
78
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
$38,637
Avg. Annual Appreciation
3.90%
Purchase Details
Closed on
Apr 11, 2017
Sold by
Smith Thomas D and Smith Janine M
Bought by
Thomas And Janine Smith Living Trust
Purchase Details
Listed on
Jul 20, 2015
Closed on
Jul 20, 2015
Sold by
Andrew C Churchill Att In Fac
Bought by
Janine M Smith Att In Fac and Smith Janine M
Seller's Agent
Tracee Lutes
RE/MAX Acclaimed Properties
List Price
$215,000
Sold Price
$215,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.75%
Purchase Details
Closed on
Jun 4, 2009
Sold by
Hearne Brian L and Hearne Leanna J
Bought by
Churchill Eric M and Churchill Andrew C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,649
Interest Rate
4.83%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 18, 2008
Sold by
Venture Llc
Bought by
Hearne Brian L and Hearne Leanna J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,450
Interest Rate
5.96%
Mortgage Type
Future Advance Clause Open End Mortgage
Similar Homes in Bloomington, IN
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 |
|---|---|---|---|
| Leung Curtis C | $372,500 | Titleplus | |
| Thomas And Janine Smith Living Trust | -- | None Available | |
| Janine M Smith Att In Fac | $215,000 | -- | |
| Churchill Eric M | -- | None Available | |
| Hearne Brian L | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Churchill Eric M | $181,649 | |
| Previous Owner | Hearne Brian L | $133,450 | |
| Previous Owner | Hearne Brian L | $133,450 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/18/2022 11/18/22 | Sold | $372,500 | -1.9% | $252 / Sq Ft |
| 09/07/2022 09/07/22 | For Sale | $379,900 | +76.7% | $257 / Sq Ft |
| 07/20/2015 07/20/15 | Sold | $215,000 | 0.0% | $175 / Sq Ft |
| 07/20/2015 07/20/15 | For Sale | $215,000 | -- | $175 / Sq Ft |
| 06/01/2015 06/01/15 | Pending | -- | -- | -- |
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 |
|---|---|---|---|---|
| 2023 | $2,970 | $288,000 | $54,000 | $234,000 |
| 2022 | $2,744 | $264,200 | $54,000 | $210,200 |
| 2021 | $2,631 | $251,200 | $36,000 | $215,200 |
| 2020 | $2,568 | $248,200 | $32,400 | $215,800 |
| 2019 | $2,557 | $242,800 | $32,400 | $210,400 |
| 2018 | $2,505 | $237,400 | $32,400 | $205,000 |
| 2017 | $4,783 | $228,200 | $25,900 | $202,300 |
| 2016 | $4,391 | $214,300 | $25,900 | $188,400 |
| 2014 | $1,653 | $176,100 | $25,900 | $150,200 |
Source: Public Records
Agents Affiliated with this Home
-
Bryan Paine
Seller's Agent in 2022
Bryan Paine
RE/MAX
(812) 332-3001
77 Total Sales
-
Lesa Miller
Buyer's Agent in 2022
Lesa Miller
RE/MAX
(812) 360-3863
134 Total Sales
-
Tracee Lutes
Seller's Agent in 2015
Tracee Lutes
RE/MAX
(812) 323-7300
262 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202237354
APN: 53-05-33-201-022.000-005
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