NOT LISTED FOR SALE

3500 E Will Sowders Rd Bloomington, IN 47401

Estimated Value: $313,000 - $410,000

6.82 Acres
$55,389 Price per Acre
297,079 Sq Ft Lot

Last Sold August 05, 2017

Last sale price $70,000

Est. 440% increase in value since last sale

Current estimated payment $2,197/month

121 Days on Market

Highlights

  • 6.82 Acre Lot
  • Jackson Creek Middle School Rated A
  • Lake, Pond or Stream

About This Lot

As of August 2017

Great building site with almost 7 acres of land close to Lake Monroe! Build your lake cottage or full time residence on this wonderful wooded lot. Just minutes from Fourwinds Marina and Eagle Pointe Resort. Easy access just south of Bloomington off of Fairfax Road. Will Sowders road ends at back of Ramp Creek cove on Lake Monroe just a short distance down the street. Septic permit on file, time to pick out those house plans!

Last Agent to Sell the Property

Todd Loucks

RE/MAX Connection Listed on: 04/01/2017

RE/MAX Connection

Last Buyer's Agent

Todd Loucks

RE/MAX Connection Listed on: 04/01/2017

RE/MAX Connection

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $823

Lot Details

  • 6.82 Acre Lot
  • Property fronts a county road
  • Finished Lot(s)

Parking

  • Driveway

Schools

  • Lakeview Elementary School
  • Jackson Creek Middle School
  • Bloomington South High School

Additional Features

  • Lake, Pond or Stream
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 53-11-11-100-026.000-006

Property Details

Property Type

Land

Est. Annual Taxes

$823

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: 004-16660-00 PT SW NE 11-7-1W 7.45A; PLAT 6 |
  • Parcel Number ID: 53-11-11-100-026.000-006
  • Platted: Yes
  • Cross Street: Patton Road
  • Road Access: County
  • Road Surface: Asphalt
  • Sp Lp Percent: 87.61
  • Parcel Description: Heavily Wooded, Rolling
  • Type of Sale: Traditional
  • Type Use: Residential
  • Year Taxes Payable: 2016
  • Special Features: None

Exterior Features

  • Water Name: Lake Monroe
  • Road Frontage: County

Utilities

  • Water Utilities: Public
  • Water Type: Lake
  • Electricity Type: Available
  • Fuel Type: Electric
  • Sewer Type: Septic

Schools

  • School District: Monroe County Community School Corp.
  • Elementary School: Lakeview
  • Middle School: Jackson Creek
  • High School: Bloomington South
  • Elementary School: Lakeview

Lot Info

  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 297079
  • Estimated Lot Size Acres: 6.82

Tax Info

  • Annual Taxes: 822.72

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

Listed on
Apr 1, 2017
Closed on
Aug 1, 2017
Sold by
Shive Ralph C
Bought by
Hay Kenneth and Hay Sharon
Seller's Agent
Todd Loucks
RE/MAX Connection
Buyer's Agent
Todd Loucks
RE/MAX Connection
List Price
$79,900
Sold Price
$70,000
Premium/Discount to List
-$9,900
-12.39%
Current Estimated Value
$377,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,750
Avg. Annual Appreciation
22.95%
Original Mortgage
$56,000
Outstanding Balance
$47,688
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$330,062

Purchase Details

Closed on
Feb 17, 2017
Sold by
Shive Ralph C
Bought by
Shive Ralph C

Purchase Details

Closed on
May 7, 2010
Sold by
Penticuff James M and Penticuff Shari L
Bought by
Shive Ralph C

Purchase Details

Closed on
Apr 22, 2005
Sold by
Sowder Scott A
Bought by
Penticuff James M and Penticuff Shari L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hay Kenneth -- None Available
Shive Ralph C -- None Available
Shive Ralph C -- None Available
Penticuff James M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hay Kenneth $56,000
Previous Owner Penticuff James M $34,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2017 08/05/17 Sold $70,000 -12.4% --
07/31/2017 07/31/17 Pending -- -- --
04/01/2017 04/01/17 For Sale $79,900 -- --
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 $2,331 $288,500 $73,900 $214,600
2023 $2,273 $279,200 $72,300 $206,900
2022 $2,143 $260,100 $72,300 $187,800
2021 $1,860 $227,200 $67,300 $159,900
2020 $2,152 $139,100 $64,300 $74,800
2019 $846 $64,300 $64,300 $0
2018 $853 $64,300 $64,300 $0
2017 $853 $64,300 $64,300 $0
2016 $826 $60,400 $60,400 $0
2014 $827 $60,400 $60,400 $0
Source: Public Records

Agents Affiliated with this Home

  • Todd Loucks

    Seller's Agent in 2017

    Todd Loucks

    RE/MAX

    (812) 322-7304

    71 in this area

    94 Total Sales

    Todd Loucks
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Map

Source: Indiana Regional MLS

MLS Number: 201713280

Indiana Regional MLS

APN: 53-11-11-100-026.000-006

Indiana Monroe County Bloomington 47401

3500 E Will Sowders Rd, Bloomington, IN

This home is located at 3500 E Will Sowders Rd, Bloomington, IN 47401 since 01 April 2017 and is currently estimated at $377,750. 3500 E Will Sowders Rd is a home located in Monroe County with nearby schools including Lakeview Elementary School, Jackson Creek Middle School, and Bloomington High School South.

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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