NOT LISTED FOR SALE

331 E Varsity Ln Bloomington, IN 47408

Estimated Value: $222,600 - $396,000

3 Beds
2 Baths
1,380 Sq Ft
$241/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $350,000 $254 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,069/month

About This Home

As of May 2022

This home is located at 331 E Varsity Ln, Bloomington, IN 47408 since 15 April 2022 and is currently estimated at $332,650, approximately $241 per square foot. This property was built in 1985. 331 E Varsity Ln is a home located in Monroe County with nearby schools including University Elementary School, Tri-North Middle School, and Bloomington High School North.

Last Agent to Sell the Property

Janet Jin

RE/MAX Acclaimed Properties Listed on: 04/15/2022

RE/MAX Acclaimed Properties

Last Buyer's Agent

Janet Jin

RE/MAX Acclaimed Properties Listed on: 04/15/2022

RE/MAX Acclaimed Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,198

Year Built

  • Built in 1985

Lot Details

  • 436

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Planned Development

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Block Basement Construction
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Schools

  • University Elementary School
  • Tri-North Middle School
  • Bloomington North High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Varsity Villas Subdivision

Listing and Financial Details

  • Assessor Parcel Number 53-01-32-748-054.000-005

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,198

Year Built

Built in 1985

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1985
  • Age: 37
  • Style: Townhouse
  • Total Number of Rooms: 6
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 013-27480-54 VARSITY VILLAS 6TH BLDG 29 LOT 92
  • Parcel Number ID: 53-01-32-748-054.000-005
  • Platted: Yes
  • Location: Near College Campus
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2021 due/pay 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 1380
  • Total Finished Sq Ft: 1380
  • Above Grade Finished Sq Ft: 930
  • Below Grade Finished Sq Ft: 450
  • Price Per Sq Ft: 376.34
  • Basement: Yes
  • Basement Foundation: Finished
  • Basement Material: Block
  • Living Great Room: Dimensions: 16x14, On Level: Main
  • Kitchen: Dimensions: 7x13, On Level: Main
  • Bedroom 1: Dimensions: 12x12, On Level: Upper
  • Bedroom 2: Dimensions: 12x12, On Level: Upper
  • Bedroom 3: Dimensions: 14x21, On Level: Lower
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Total Below Grade Sq Ft: 450

Exterior Features

  • Outbuilding1: None

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Forced Air
  • Sewer: Public
  • Water Utilities: Public
  • Laundry: Dimensions: Lowerx6, On Level: 7

Condo/Co-op/Association

  • Association Fees: 1200
  • Association Fees Frequency: Annually

Schools

  • School District: Monroe County Community School Corp.
  • Elementary School: University
  • Middle School: Tri-North
  • High School: Bloomington North
  • Elementary School: University

Lot Info

  • Lot Description: Planned Unit Development
  • Lot Dimensions: PUD

Tax Info

  • Annual Taxes: 2197.88

MLS Schools

  • High School: Bloomington North
  • Middle School: Tri-North
  • School District: Monroe County Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2022
Closed on
May 31, 2022
Sold by
Luthan Llc
Bought by
University Properties Ix Llc
Seller's Agent
Janet Jin
RE/MAX Acclaimed Properties
Buyer's Agent
Janet Jin
RE/MAX Acclaimed Properties
List Price
$350,000
Sold Price
$350,000
Current Estimated Value
$332,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,350
Avg. Annual Appreciation
-1.48%

Purchase Details

Closed on
Nov 4, 2011
Sold by
Chen Lingling
Bought by
Luthan Llc

Purchase Details

Closed on
Feb 18, 2011
Sold by
C & E Investments Llc
Bought by
Chen Lingling

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 22, 2005
Sold by
Blum David L and Blum Leann
Bought by
C & E Investments 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
University Properties Ix Llc $350,000 John Bethel Title Company
Luthan Llc -- None Available
Chen Lingling -- None Available
C & E Investments Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chen Lingling $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2022 05/31/22 Sold $350,000 0.0% $254 / Sq Ft
04/15/2022 04/15/22 Pending -- -- --
04/15/2022 04/15/22 For Sale $350,000 -- $254 / 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 $2,696 $131,400 $41,600 $89,800
2023 $1,331 $125,500 $40,000 $85,500
2022 $2,374 $117,000 $40,000 $77,000
2021 $2,198 $105,800 $40,000 $65,800
2020 $2,125 $103,000 $40,000 $63,000
2019 $2,080 $98,900 $40,000 $58,900
2018 $2,084 $98,900 $40,000 $58,900
2017 $2,074 $98,200 $40,000 $58,200
2016 $1,920 $92,400 $40,000 $52,400
2014 $2,115 $101,400 $40,000 $61,400
Source: Public Records

Agents Affiliated with this Home

  • Janet Jin

    Seller's Agent in 2022

    Janet Jin

    RE/MAX

    (812) 325-9093

    131 Total Sales

    Janet Jin
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Map

Source: Indiana Regional MLS

MLS Number: 202221473

Indiana Regional MLS

APN: 53-01-32-748-054.000-005

Indiana Monroe County Bloomington 47408

331 E Varsity Ln, Bloomington, IN

This home is located at 331 E Varsity Ln, Bloomington, IN 47408 since 15 April 2022 and is currently estimated at $332,650, approximately $241 per square foot. This property was built in 1985. 331 E Varsity Ln is a home located in Monroe County with nearby schools including University Elementary School, Tri-North Middle School, and Bloomington High School North.

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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