NOT LISTED FOR SALE

325 E University St Bloomington, IN 47401

Elm Heights Neighborhood

Estimated Value: $416,000 - $631,000

3 Beds
2 Baths
2,034 Sq Ft
$240/Sq Ft Est. Value

Last Sold December 17, 2018

Last sale price $270,000 $133 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $3,012/month

409 Days on Market

Highlights

  • Open Floorplan
  • Traditional Architecture
  • Wood Flooring
  • Binford Elementary School Rated A
  • Backs to Open Ground
  • 4-minute walk to Seminary Park

About This Home

As of December 2018

This fantastic and hard to find Elm Heights duplex is in pristine condition and has beautiful original trim, pocket doors, volume ceilings, hardwood flooring, corner location at Grant and University, two blocks to Indiana University campus, and near the Fourth Street restaurant scene.  This duplex is separately metered, has a new HAND permit issued this year, recent roof and furnaces, two shiny kitchens, one unit is a one bedroom and one bath and the other unit is two bedroom and one bath.  The two unit side has a 5 occupancy.

Last Listed By

Jeffrey Franklin

FC Tucker/Bloomington REALTORS Listed on: 09/19/2017

FC Tucker/Bloomington REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,725

Year Built

  • Built in 1899

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 100x73
  • Backs to Open Ground
  • Irregular Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Wood
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Enclosed patio or porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, electric, fuel, sewer, water
  • The owner pays for tax
  • Assessor Parcel Number 530804220015000009

Community Details

Overview

  • 2 Units
  • Elm Heights Subdivision

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,725

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1899
  • Age: 119
  • Style: One Story
  • Architectural Style: Traditional
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 015-25160-00 Cedar Hill Pt Lot 11 & Pt Lot 12 |
  • Parcel Number ID: 530804220015000009
  • Platted: Yes
  • Amenities: Basement, Fireplace, Off Street Parking, Countertops-Laminate, Eat-In Kitchen, Open Floor Plan, Porch Enclosed
  • Location: City/Town/Suburb, Near College Campus
  • Sp Lp Percent: 93.1
  • Monthly Gross Income: 1750
  • Year Taxes Payable: 2017
  • Special Features: None

Interior Features

  • Total Sq Ft: 2034
  • Total Finished Sq Ft: 2034
  • Above Grade Finished Sq Ft: 1934
  • Below Grade Finished Sq Ft: 100
  • Price Per Sq Ft: 139.61
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Basement Material: Poured Concrete
  • Flooring: Vinyl Tile, Wood
  • Total Below Grade Sq Ft: 100
  • Number Of Disposals: 2
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Asphalt
  • Stories: 1

Garage/Parking

  • Parking: Off Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Water Company: Bloomington City Utility
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Water Meters: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

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: 100X73
  • Estimated Lot Sq Ft: 6970
  • Estimated Lot Size Acres: 0.16
  • Lot Number: 11

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Tax
  • Tenant Pays: Cable, Electric, Fuel, Sewer, Water

Multi Family

  • Gross Monthly Rent: 1750
  • Number Of Dishwashers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1

Tax Info

  • Annual Property Tax: 4724.54

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

Closed on
Oct 2, 2019
Sold by
Berman Property Group Llc
Bought by
Berman Bruce and Berman Jacquelin
Total Days on Market
409
Current Estimated Value
$489,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 19, 2017
Closed on
Dec 20, 2018
Sold by
Berman Bruce and Berman Jacquelin
Bought by
Berman Property Group Llc
Seller's Agent
Jeffrey Franklin
FC Tucker/Bloomington REALTORS
Buyer's Agent
Kerry Feigenbaum
FC Tucker/Bloomington REALTORS
List Price
$349,900
Sold Price
$270,000
Premium/Discount to List
-$79,900
-22.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.30%
Original Mortgage
$216,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 19, 2017
Closed on
Dec 14, 2018
Sold by
Lux Larry A and Lux Nancy A
Bought by
Berman Bruce and Berman Jacquelin
Seller's Agent
Jeffrey Franklin
FC Tucker/Bloomington REALTORS
Buyer's Agent
Kerry Feigenbaum
FC Tucker/Bloomington REALTORS
List Price
$349,900
Sold Price
$270,000
Premium/Discount to List
-$79,900
-22.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

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
Berman Bruce -- Boston National Title
Berman Property Group Llc -- None Available
Berman Bruce -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Berman Bruce $220,000
Previous Owner Berman Bruce $216,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2018 12/17/18 Sold $270,000 -6.9% $133 / Sq Ft
06/04/2018 06/04/18 Price Changed $290,000 -17.1% $143 / Sq Ft
09/19/2017 09/19/17 For Sale $349,900 -- $172 / 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
2023 $3,607 $368,800 $107,500 $261,300
2022 $3,607 $327,700 $93,500 $234,200
2021 $2,868 $273,400 $81,600 $191,800
2020 $2,722 $258,800 $81,600 $177,200
2019 $5,764 $274,100 $51,900 $222,200
2018 $4,997 $237,100 $91,200 $145,900
2017 $4,725 $223,700 $91,200 $132,500
2016 $4,593 $221,300 $91,200 $130,100
2014 $4,581 $220,000 $83,600 $136,400
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Franklin

    Seller's Agent in 2018

    Jeffrey Franklin

    FC Tucker/Bloomington REALTORS

    (812) 360-5333

    22 in this area

    336 Total Sales

    Jeffrey Franklin
    Section Image

  • K

    Buyer's Agent in 2018

    Kerry Feigenbaum

    FC Tucker/Bloomington REALTORS

    (812) 325-3227

    6 in this area

    51 Total Sales

    Kerry Feigenbaum
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201743396

Indiana Regional MLS

APN: 53-08-04-220-015.000-009

Indiana Monroe County Bloomington 47401 Elm Heights

325 E University St, Bloomington, IN

Homes for Sale in Bloomington, IN

This home is located at 325 E University St, Bloomington, IN 47401 since 19 September 2017 and is currently estimated at $489,076, approximately $240 per square foot. This property was built in 1899. 325 E University St is a home located in Monroe County with nearby schools including Binford Elementary School, Rogers Elementary School, and Jackson Creek Middle 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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