NOT LISTED FOR SALE

3311 E Olcott Blvd Bloomington, IN 47401

Estimated Value: $583,000 - $637,000

4 Beds
4 Baths
3,899 Sq Ft
$155/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $425,000 $109 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,644/month

148 Days on Market

Highlights

  • Primary Bedroom Suite
  • Open Floorplan
  • Cathedral Ceiling
  • Binford Elementary School Rated A
  • Backs to Open Ground
  • Wood Flooring

About This Home

As of November 2020

This beautiful home has been loved by the same owners for almost 20 years and now you can get your chance to enjoy it as much as they have. You will love the Amish woodwork and abundance of light throughout this Kensington home. The main level has a split bedroom floor plan with the master and guest room on opposite sides of the house. The upper level has 2 more bedrooms, a bonus room with built ins and a cozy loft area that looks over the main level great room. The light filled great room has a cathedral wall of windows and a gas fireplace. The kitchen has an abundance of cabinets, a breakfast bar and a light filled nook that walks out to the back deck. The main level has an additional room that could be used as a formal living room or office right across the foyer from the formal dining room. The main level is where you will find the laundry room with a utility sink and a built in ironing board. With 2270 sq. ft. this home has everything you would want on the main level if you don't like to climb stairs. If the over 3000 sq. ft. combined main and upper level isn't enough, you can go down stairs to the partially finished basement. The lower level has a giant family room, a full bath, a finished room that was previously used as a wine cellar and tons of storage space. You won't want to miss out on a chance to turn this into your dream home. This home is priced well below comparable homes of this size in this area so you can make it your dream home with your choice of paint, floor coverings and fixtures. Seller is offering a $10,000 floor covering allowance or is willing to entertain an "As Is" offer. Agents don't forget about the Security Code when showing.

Last Agent to Sell the Property

Marci Bowlen

Bruce Storm Real Estate & Mgmt. Listed on: 06/17/2020

Last Buyer's Agent

Marci Bowlen

Bruce Storm Real Estate & Mgmt. Listed on: 06/17/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,502

Year Built

  • Built in 1998

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100x150
  • Backs to Open Ground
  • Landscaped
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Woodwork
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Kitchen Island
  • Utility Sink
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • 1 Bathroom in Basement

Schools

  • Rogers/Binford Elementary School
  • Batchelor Middle School
  • Bloomington North High School

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Heating System Uses Gas
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 53-08-11-313-037.000-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,502

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1998
  • Style: Two Story
  • Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: 015-29567-04 Kensington Gardens PT Lots 4 & 5
  • Parcel Number ID: 53-08-11-313-037.000-009
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Breakfast Bar, Built-In Entertainment Ct, Cable Ready, Ceiling-Cathedral, Ceiling-Tray, Ceiling Fan(s), Closet(s) Walk-in, Deck Open, Detector-Smoke, Disposal, Dryer Hook Up Electric, Foyer Entry, Garage Door Opener, Jet Tub, Kitchen Island, Landscaped, Natural Woodwork, Open Floor Plan, Porch Covered, Six Panel Doors, Split Br Floor Plan, Twin Sink Vanity, Utility Sink, Stand Up Shower, Tub and Separate Shower, Tub/Shower Combination, Main Level Bedroom Suite, Formal Dining Room, Great Room, Main Floor Laundry, Sump Pump, Washer Hook-Up
  • Cross Street: Forrester
  • Improvmnts In Last5 Yrs: Yes
  • Location: City/Town/Suburb, Near College Campus
  • Road Access: City
  • Road Surface: Paved
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 4794
  • Total Finished Sq Ft: 3899
  • Above Grade Finished Sq Ft: 3078
  • Below Grade Finished Sq Ft: 821
  • Below Grade Sq Ft: 895
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Gas Log
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet, Tile, Vinyl
  • Living Great Room: Dimensions: 19x18, On Level: Main
  • Kitchen: Dimensions: 18x13, On Level: Main
  • Breakfast Room: Dimensions: 8x11, On Level: Main
  • Dining Room: Dimensions: 13x14, On Level: Main
  • Family Room: Dimensions: 15x19, On Level: Lower
  • Den: Dimensions: 13x13, On Level: Main
  • Recreation Room: Dimensions: 18x22, On Level: Lower
  • Extra Room: Bonus Room above garage, Dimensions: 20x12, On Level: Upper
  • Bedroom 1: Dimensions: 19x16, On Level: Main
  • Bedroom 2: Dimensions: 14x13, On Level: Main
  • Bedroom 3: Dimensions: 14x13, On Level: Upper
  • Bedroom 4: Dimensions: 21x13, On Level: Upper
  • Other Room1: Study or wine room, Dimensions: 7x9, On Level: Lower
  • Other Room 2: Storage, Dimensions: 13x10, On Level: Lower
  • Other Room 3: storage, Dimensions: 36x12, On Level: Basement
  • Loft: Dimensions: 13x12, On Level: Upper
  • Main Level Sq Ft: 2270
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1716

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Dimensional Shingles
  • Outbuilding1: Shed, Dimensions: 10x8

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 22x20
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Conventional, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: Vectren Energy
  • Water Company: Bloomington City Utility
  • Cable Company: Comcast
  • Hvac: High Efficiency Furnace
  • Laundry: Dimensions: Mainx6, On Level: 12

Schools

  • Elementary School: Rogers/Binford

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 100x150
  • Estimated Lot Sq Ft: 15000
  • Estimated Lot Size Acres: 0.34

Green Features

  • Energy Efficient Windows/Doors: Double Pane Windows

Tax Info

  • Annual Taxes: 4502.44
  • Exemptions: Homestead, Supplemental

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2020
Closed on
Nov 30, 2020
Sold by
Yoder Christine and Hoffmann Lydia M
Bought by
Kim Bryan B and Kim Soyoung P
Seller's Agent
Marci Bowlen
Bruce Storm Real Estate & Mgmt.
Buyer's Agent
Marci Bowlen
Bruce Storm Real Estate & Mgmt.
List Price
$459,900
Sold Price
$425,000
Premium/Discount to List
-$34,900
-7.59%
Current Estimated Value
$605,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,122
Avg. Annual Appreciation
7.13%
Original Mortgage
$340,000
Outstanding Balance
$247,323
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$357,799

Purchase Details

Closed on
Jun 21, 2019
Sold by
Hoffmann Lydia M
Bought by
Lydia M Hoffmann Revocable Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Purchase History

Date Buyer Sale Price Title Company
Kim Bryan B -- None Available
Lydia M Hoffmann Revocable Living Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Bryan B $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2020 11/30/20 Sold $425,000 -1.1% $109 / Sq Ft
11/12/2020 11/12/20 Pending -- -- --
07/21/2020 07/21/20 Price Changed $429,900 -6.5% $110 / Sq Ft
06/17/2020 06/17/20 For Sale $459,900 -- $118 / 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 $5,764 $510,700 $108,200 $402,500
2023 $5,981 $521,600 $108,200 $413,400
2022 $5,404 $487,700 $98,400 $389,300
2021 $4,452 $423,200 $89,400 $333,800
2020 $4,621 $437,800 $89,400 $348,400
2019 $4,467 $421,600 $50,700 $370,900
2018 $4,502 $423,800 $50,700 $373,100
2017 $4,429 $415,900 $50,700 $365,200
2016 $4,385 $411,300 $50,700 $360,600
2014 $4,079 $381,900 $43,300 $338,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202022764

Indiana Regional MLS

APN: 53-08-11-313-037.000-009