NOT LISTED FOR SALE

322 E State Road 45 46 Bypass Bloomington, IN 47408

Estimated Value: $389,000 - $8,993,000

1 Bed
1 Bath
1,920 Sq Ft
$2,050/Sq Ft Est. Value

Last Sold July 15, 2015

Last sale price $275,000 $143 Per Sq Ft

Est. 1,332% increase in value since last sale

Current estimated payment $24,749/month

Highlights

  • Open Floorplan
  • Backs to Open Ground
  • 3 Car Attached Garage
  • University Elementary School Rated A
  • Solid Surface Countertops
  • Forced Air Heating and Cooling System

About This Home

As of July 2016

New Construction - University Manors features 9 town homes. Each town home is a 3-bedroom/3-bath and comes with a 3-car garage, washer/dryer, tons of storage, open living area, and high-end finishes like wood plank flooring throughout, Corian counter tops, ceiling fans, and upgraded cabinets. University Manors is conveniently located close to campus and within a few hundred yards of the IU football stadium! With only 9 units total, don't miss out on this incredible opportunity to lease a beautiful, brand new town home next to campus! After one time service fee of $240/per person the following utilities will be paid for by owner: water/sewer, gas, internet and trash pick. Tenant pays for electric. Call for a showing today!

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $49,218

Year Built

  • Built in 2015

Lot Details

  • 0.65 Acre Lot
  • Backs to Open Ground
  • Irregular Lot

Parking

  • 3 Car Attached Garage
  • Off-Street Parking

Home Design

  • Slab Foundation

Interior Spaces

  • 3-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Pets Allowed with Restrictions
  • Pet Deposit $250

Listing and Financial Details

  • Security Deposit $2,025
  • Tenant pays for electric, cable
  • The owner pays for lawn maintenance, snow removal, trash collection
  • $25 Application Fee
  • Assessor Parcel Number 53-05-28-300-148.000-005

Property Details

Home Type

Apartment

Est. Annual Taxes

$49,218

Year Built

Built in 2015

Lot Details

0

Parking

3

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Lawn Maintenance, Snow Removal, Trash Collection
  • Tenant Pays: Electric, Cable
  • Application Fee: 25
  • Pet Fee: 250
  • Security Deposit: 2025

Listing Details

  • Class: RESIDENTIAL FOR LEASE
  • Property Sub Type: Apartment Building
  • Year Built: 2015
  • Style: Three Story
  • Bedrooms: 1
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 013-45170-00 Pt. NE SW 28-9-1W
  • Parcel Number ID: 53-05-28-300-148.000-005
  • Amenities: Countertops-Solid Surf, Open Floor Plan
  • Inside City Limits: Yes
  • Special Features: None

Interior Features

  • Total Sq Ft: 1920
  • Total Finished Sq Ft: 1920
  • Above Grade Finished Sq Ft: 1920
  • Basement Foundation: Slab
  • Living Great Room: On Level: Main
  • Kitchen: On Level: Main
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Main Level Sq Ft: 960
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Outbuilding1: None
  • Outbuilding2: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Hvac: Ceiling Fan
  • Laundry: On Level: 0

Condo/Co-op/Association

  • Other Fee Description: Refundable Pet Deposit
  • Other Fees Dollar: 300
  • Pet Restrictions: Yes

Lot Info

  • Lot Description: Irregular
  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 28314
  • Estimated Lot Size Acres: 0.65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2019
Sold by
University Manors Llc
Bought by
University Properties Vi Llc
Current Estimated Value
$3,936,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000,000
Interest Rate
4.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 13, 2017
Sold by
University Manors Llc
Bought by
University Manors Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,558,400
Interest Rate
3.85%
Mortgage Type
Construction

Purchase Details

Listed on
Aug 5, 2014
Closed on
Jul 15, 2015
Sold by
Hogle Homer
Bought by
Stolberg Eric L
Seller's Agent
James Regester
Realty Professionals
Buyer's Agent
Aaron Stolberg
Stolberg Realty Group
List Price
$395,000
Sold Price
$275,000
Premium/Discount to List
-$120,000
-30.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.52%
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
University Properties Vi Llc $5,622,537 John Bethell Title Company
University Manors Llc -- None Available
Stolberg Eric L $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed University Properties Vi Llc $25,000,000
Previous Owner University Manors Llc $1,558,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/12/2016 07/12/16 Rented $1,500 +150.0% --
07/12/2016 07/12/16 Rented $600 0.0% --
07/12/2016 07/12/16 Under Contract -- -- --
07/12/2016 07/12/16 Under Contract -- -- --
05/03/2016 05/03/16 For Rent $600 -72.0% --
11/12/2015 11/12/15 For Rent $2,145 0.0% --
07/15/2015 07/15/15 Sold $275,000 -30.4% $53 / Sq Ft View Prior Sale
02/17/2015 02/17/15 Pending -- -- --
08/05/2014 08/05/14 For Sale $395,000 -- $77 / 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 $49,218 $2,398,900 $522,400 $1,876,500
2023 $25,438 $2,398,100 $522,400 $1,875,700
2022 $50,382 $2,483,100 $522,400 $1,960,700
2021 $48,555 $2,337,300 $522,400 $1,814,900
2020 $48,620 $2,356,200 $522,400 $1,833,800
2019 $49,594 $2,358,600 $522,400 $1,836,200
2018 $34,314 $1,624,600 $661,900 $962,700
2017 $25,785 $1,220,900 $263,300 $957,600
2016 $5,472 $263,300 $263,300 $0
2014 $2,974 $142,600 $55,000 $87,600
Source: Public Records

Agents Affiliated with this Home

  • James Regester

    Seller's Agent in 2015

    James Regester

    RE/MAX

    (812) 650-3600

    123 Total Sales

    James Regester
    Section Image

  • A

    Buyer's Agent in 2015

    Aaron Stolberg

    Stolberg Realty Group

    (812) 332-9575

    7 Total Sales

    Aaron Stolberg
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201619251

Indiana Regional MLS

APN: 53-05-28-300-171.000-005

Indiana Monroe County Bloomington 47408

322 E State Road 45 46 Bypass, Bloomington, IN

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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