NOT LISTED FOR SALE

341 S Jackson St Bloomington, IN 47403

Prospect Hill Neighborhood

Estimated Value: $324,000 - $384,000

5 Beds
2 Baths
1,802 Sq Ft
$198/Sq Ft Est. Value

Last Sold April 21, 2016

Last sale price $175,000 $97 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $2,533/month

18 Days on Market

Highlights

  • Wood Flooring
  • Screened Porch
  • Bungalow
  • Tri-North Middle School Rated A
  • Eat-In Kitchen
  • 2-minute walk to Building and Trades Park

About This Home

As of April 2016

Brand new dimensional-shingle roofs on these two detached rental dwellings with current occupancy permits on one spacious lot in Prospect Hill Historic District. Both units are rented & occupied. Total finished square footage of combined dwellings is 1802. Front dwelling at 341 has 927 SF, front room, kitchen, 12 X 6 covered front porch, 16 X 12 screened porch, permitted for 3 BR & 5 occupants, 1 bath, rented till July 29, 2016 for $895/month. 341.5 is at rear of lot, independent of 341 & accessible by alley, has 875 SF, front room, kitchen, permitted for 2BR & 3 occupants, 1 bath, rented till July 31, 2017 for $625/month. Tenants pay utilities. Both have gas heat, gas H2O heaters, gas stoves, hardwood floors, & considerable charm. Believe there is potential for owner to occupy main dwelling at 341 & use 341.5 as inlaw/guest suite or studio or rental after expiration of leases. We too seldom see flexible opportunities like this so close to Bloomington downtown & IU campus.

Last Agent to Sell the Property

Cindy Oswalt

FC Tucker/Bloomington REALTORS Listed on: 02/23/2016

FC Tucker/Bloomington REALTORS

Last Buyer's Agent

John Vitello

Dwell Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,705

Year Built

  • Built in 1899

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 147 x 66
  • Historic Home

Home Design

  • Bungalow
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Screened Porch
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Location

  • Suburban Location

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, heating, lawn maintenance, snow removal, sewer, trash collection, water
  • The owner pays for building insurance, maintenance
  • Assessor Parcel Number 53-08-05-102-017.000-009

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $77
  • Insurance Expense $700
  • Water Sewer Expense $19

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,705

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1899
  • Age: 117
  • Style: One Story
  • Architectural Style: Bungalow
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Prospect Hill Lot 14 |
  • Parcel Number ID: 53-08-05-102-017.000-009
  • Platted: Yes
  • Amenities: Off Street Parking, Countertops-Laminate, Eat-In Kitchen, Porch Screened, Water Heater Gas
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 100.06
  • Annual Miscellaneous: 398
  • Monthly Gross Income: 1520
  • Year Taxes Payable: 2016
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1802
  • Total Finished Sq Ft: 1802
  • Above Grade Finished Sq Ft: 1802
  • Price Per Sq Ft: 97.11
  • Basement Foundation: Crawl, Slab
  • Flooring: Carpet, Vinyl, Wood
  • Main Level Sq Ft: 1802
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 1

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 3

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Water Company: Bloomington City Utility
  • Annual Electric: 77
  • Annual Insurance Expense: 700
  • Annual Water Sewer Expense: 19
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Water Meters: 2

Schools

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

Lot Info

  • Lot Description: Historic Designation
  • Lot Dimensions: 147 x 66
  • Estimated Lot Sq Ft: 9583
  • Estimated Lot Size Acres: 0.22

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Maintenance
  • Tenant Pays: Cable, Cooling, Electric, Heating, Lawn Maintenance, Snow Removal, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 1520
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 3704.7

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

Closed on
Jul 21, 2016
Sold by
Mckee William D and Mckee Rosetta
Bought by
Habitat For Humanity Of Monroe County In
Current Estimated Value
$357,132

Purchase Details

Listed on
Feb 23, 2016
Closed on
Apr 21, 2016
Sold by
Thomas Kenneth W and Thomas Harriet
Bought by
Pelton Christopher J and Okamoto Dma G
Seller's Agent
Cindy Oswalt
FC Tucker/Bloomington REALTORS
Buyer's Agent
John Vitello
Dwell Realty
List Price
$174,900
Sold Price
$175,000
Premium/Discount to List
$100
0.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.34%
Original Mortgage
$131,250
Interest Rate
3.68%
Mortgage Type
New Conventional
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
Habitat For Humanity Of Monroe County In -- None Available
Pelton Christopher J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pelton Christopher J $131,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2016 04/21/16 Sold $175,000 +0.1% $97 / Sq Ft
03/12/2016 03/12/16 Pending -- -- --
02/23/2016 02/23/16 For Sale $174,900 -- $97 / 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 $7,769 $379,500 $151,100 $228,400
2023 $3,661 $346,000 $138,600 $207,400
2022 $6,153 $306,900 $120,500 $186,400
2021 $4,985 $243,500 $109,900 $133,600
2020 $4,713 $231,000 $99,300 $131,700
2019 $4,067 $193,400 $60,300 $133,100
2018 $3,909 $185,500 $59,900 $125,600
2017 $3,833 $181,500 $59,900 $121,600
2016 $3,767 $181,500 $59,900 $121,600
2014 $3,700 $177,700 $59,900 $117,800
Source: Public Records

Agents Affiliated with this Home

  • Cindy Oswalt

    Seller's Agent in 2016

    Cindy Oswalt

    FC Tucker/Bloomington REALTORS

    (812) 322-3317

    1 in this area

    22 Total Sales

    Cindy Oswalt
    Section Image

  • J

    Buyer's Agent in 2016

    John Vitello

    Dwell Realty

    (812) 327-5464

    7 in this area

    57 Total Sales

    John Vitello
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201607001

Indiana Regional MLS

APN: 53-08-05-102-017.000-009

Indiana Monroe County Bloomington 47403 Prospect Hill

341 S Jackson St, Bloomington, IN

This home is located at 341 S Jackson St, Bloomington, IN 47403 since 23 February 2016 and is currently estimated at $357,132, approximately $198 per square foot. This property was built in 1899. 341 S Jackson St is a home located in Monroe County with nearby schools including Fairview 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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