NOT LISTED FOR SALE

3405 S Spring Branch Rd Bloomington, IN 47401

Estimated Value: $469,000 - $775,000

5 Beds
3 Baths
3,863 Sq Ft
$158/Sq Ft Est. Value

Last Sold September 24, 2018

Last sale price $310,000 $80 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $3,445/month

331 Days on Market

Highlights

  • Spa
  • Primary Bedroom Suite
  • Heavily Wooded Lot
  • Binford Elementary School Rated A
  • Open Floorplan
  • Vaulted Ceiling

About This Home

As of September 2018

Nestled in the woods on 2 acres at the very back of Inverness Woods, this cedar 5 B.R. - 3 Full bath ranch, over full finished basement offers tranquil living just minutes from the Eastside and Lake Monroe. Huge vaulted Great Room has built-in book cases, hickory floors, impressive stone fireplace, and a spectacular view of the woods! There is a 63 foot long cedar deck, trimmed in redwood, with a hot tub, offering the ultimate in outdoor entertaining. The enormous breezeway between the house, and the 700sq. foot garage, serves as a second outdoor entertainment area, and a 3 season Florida Room. The kitchen complex has everything right at your fingertips, with breakfast nook, triple size laundry and office incorporated into one! 2,100 sq. foot basement has gigantic rec room, plant growing room with sink, 3 Bedrooms, full bath, wine cellar, whole house generator, and tons of storage. All mechanicals in the home, including the roof and HVAC, are new in the last 5-7 years. What a gorgeous setting!

Last Buyer's Agent

Craig Dohman

Century 21 Scheetz - Bloomington

Century 21 Scheetz - Bloomington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,228

Year Built

  • Built in 1970

Lot Details

  • 2.14 Acre Lot
  • Backs to Open Ground
  • Rural Setting
  • Heavily Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Ranch Style House
  • Shingle Roof
  • Asphalt Roof
  • Cedar

Interior Spaces

  • Open Floorplan
  • Built-in Bookshelves
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Laminate Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • 1 Bathroom in Basement
  • 3 Bedrooms in Basement

Pool

  • Spa

Utilities

  • Central Air
  • Heat Pump System
  • Whole House Permanent Generator
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 53-08-13-400-007.000-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,228

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1970
  • Age: 48
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 12
  • Total Number of Rooms Below Grade: 6
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: PT NE SE 13-8-1W 2.14A
  • Parcel Number ID: 53-08-13-400-007.000-008
  • Platted: Yes
  • Amenities: Hot Tub/Spa, Built-In Bookcase, Cable Available, Ceilings-Vaulted, Countertops-Laminate, Deck Open, Disposal, Dryer Hook Up Electric, Eat-In Kitchen, Foyer Entry, Garage Door Opener, Generator-Whole House, Open Floor Plan, Pantry-Walk In, Main Level Bedroom Suite, Great Room, Main Floor Laundry
  • Location: Rural
  • Number Below Grade Bedrooms: 3
  • Sp Lp Percent: 95.38
  • Special Features: None

Interior Features

  • Total Sq Ft: 4126
  • Total Finished Sq Ft: 3863
  • Above Grade Finished Sq Ft: 2063
  • Below Grade Finished Sq Ft: 1800
  • Below Grade Sq Ft: 263
  • Price Per Sq Ft: 150.27
  • Basement: Yes
  • Basement Foundation: Full Basement, Walk-Out Basement, Partially Finished
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Wood Burning
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet, Tile
  • Living Great Room: Dimensions: 26x20, On Level: Main
  • Kitchen: Dimensions: 10x10, On Level: Main
  • Breakfast Room: Dimensions: 10x8, On Level: Main
  • Family Room: Dimensions: 26x20, On Level: Basement
  • Den: Dimensions: 10x10, On Level: Main
  • Extra Room: Wine Cellar, Dimensions: 8x5, On Level: Basement
  • Bedroom 1: Dimensions: 20x18, On Level: Main
  • Bedroom 2: Dimensions: 13x11, On Level: Main
  • Bedroom 3: Dimensions: 13x11, On Level: Basement
  • Bedroom 4: Dimensions: 13x11, On Level: Basement
  • Bedroom 5: Dimensions: 12x11, On Level: Basement
  • Other Room1: Breezeway, Dimensions: 20x10, On Level: Main
  • Other Room 2: Plant Room, Dimensions: 12x7, On Level: Basement
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 2063

Exterior Features

  • Exterior: Cedar
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x28
  • Garage Sq Ft: 672
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Heat Pump
  • Sewer: Septic
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Water Company: Eastern Monroe Water Corp
  • Cable Company: Comcast
  • Laundry: Dimensions: Mainx5, On Level: 10

Schools

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

Lot Info

  • Lot Description: Heavily Wooded
  • Lot Dimensions: 2.14 Acres
  • Estimated Lot Sq Ft: 93218
  • Estimated Lot Size Acres: 2.14

Tax Info

  • Annual Taxes: 2228.44
  • Exemptions: Homestead, Supplemental

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2017
Closed on
Sep 24, 2018
Sold by
Mark Loosemore
Bought by
Peter Chadwick
Buyer's Agent
Craig Dohman
Century 21 Scheetz - Bloomington
List Price
$390,000
Sold Price
$310,000
Premium/Discount to List
-$80,000
-20.51%
Current Estimated Value
$608,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,858
Avg. Annual Appreciation
10.08%
Original Mortgage
$310,000
Outstanding Balance
$269,781
Interest Rate
4.5%
Mortgage Type
VA
Estimated Equity
$339,077
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
Peter Chadwick $310,000 --
Chadwick Peter John $310,000 John Bethell Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chadwick Peter John $310,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2018 09/24/18 Sold $310,000 -4.6% $80 / Sq Ft
06/27/2018 06/27/18 Price Changed $325,000 -4.4% $84 / Sq Ft
05/08/2018 05/08/18 Price Changed $339,900 -12.8% $88 / Sq Ft
09/26/2017 09/26/17 For Sale $390,000 -- $101 / 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 $2,603 $370,200 $76,400 $293,800
2023 $2,574 $367,000 $76,400 $290,600
2022 $2,336 $337,400 $76,400 $261,000
2021 $2,234 $315,600 $76,400 $239,200
2020 $2,127 $293,800 $76,400 $217,400
2019 $1,707 $280,600 $66,400 $214,200
2018 $1,732 $280,600 $66,400 $214,200
2017 $2,070 $277,000 $66,400 $210,600
2016 $2,228 $300,400 $66,400 $234,000
2014 $2,229 $304,700 $66,400 $238,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201744548

Indiana Regional MLS

APN: 53-08-13-400-007.000-008