NOT LISTED FOR SALE

3502 S Kennedy Dr Bloomington, IN 47401

Estimated Value: $293,000 - $375,543

6 Beds
6 Baths
2,648 Sq Ft
$128/Sq Ft Est. Value

Last Sold August 31, 2016

Last sale price $130,000 $49 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $2,019/month

182 Days on Market

Highlights

  • Corner Lot
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Jackson Creek Middle School Rated A
  • Luxury Vinyl Tile Flooring

About This Home

As of August 2016

Duplex with 2 units. Each unit has - 3 bedrooms & 2 baths on second floor, and main level has large living room, kitchen, dining room & 1/2 bath off entry way. Laundry room is in the one car garage. As of Jan 1, 2016, both units are vacant. All kitchen appliances are included.

Last Agent to Sell the Property

Gary Paine

RE/MAX Acclaimed Properties Listed on: 01/06/2016

RE/MAX Acclaimed Properties

Last Buyer's Agent

Gary Paine

RE/MAX Acclaimed Properties Listed on: 01/06/2016

RE/MAX Acclaimed Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1994

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 100 x 106
  • Corner Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Laundry in Garage

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Basement

  • Block Basement Construction
  • Crawl Space

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric, trash collection
  • The owner pays for sewer, water
  • Assessor Parcel Number 53-08-16-301-041.000-009

Community Details

Overview

  • 2 Units
  • Walnut Springs Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,200
  • Maintenance Expense $2,000
  • Water Sewer Expense $600

Property Details

Home Type

Multi-Family

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1994
  • Age: 22
  • Style: Two Story
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 6
  • Total Full Bathrooms: 4
  • Total Number of Half Bathrooms: 2
  • Legal Description: 015-22040-27 Walnut Springs Phase 1 Lot 27 |
  • Parcel Number ID: 53-08-16-301-041.000-009
  • Platted: Yes
  • Amenities: Near Walking Trail, Cable Ready, Deck Open
  • Sp Lp Percent: 86.96
  • Monthly Gross Income: 1655
  • Year Taxes Payable: 2015
  • Special Features: None

Interior Features

  • Total Sq Ft: 2648
  • Total Finished Sq Ft: 2648
  • Above Grade Finished Sq Ft: 2648
  • Price Per Sq Ft: 49.09
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Flooring: Carpet, Vinyl Tile
  • Main Level Sq Ft: 1308
  • Number Of Disposals: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electricity, Forced Air, Heat Pump
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 1200
  • Annual Maintenance Expense: 2000
  • Annual Water Sewer Expense: 600
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 2

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 100 x 106
  • Estimated Lot Sq Ft: 10454
  • Estimated Lot Size Acres: 0.24

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Sewer, Water
  • Tenant Pays: Electric, Trash Collection

Multi Family

  • Gross Monthly Rent: 1655
  • Number Of Dishwashers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of 3 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 3562.48

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
Jan 6, 2016
Closed on
Aug 29, 2016
Sold by
Neuhouser Jonathan James and Neuhouser Kimberly Rinehart
Bought by
Grubb Nicholas Jordan
Seller's Agent
Gary Paine
RE/MAX Acclaimed Properties
Buyer's Agent
Gary Paine
RE/MAX Acclaimed Properties
List Price
$159,500
Sold Price
$130,000
Premium/Discount to List
-$29,500
-18.5%
Current Estimated Value
$338,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,636
Avg. Annual Appreciation
11.60%
Original Mortgage
$127,645
Outstanding Balance
$102,591
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$249,483

Purchase Details

Closed on
Jun 30, 2005
Sold by
Mccracken Linda O
Bought by
Neuhouser Jonathan James and Neuhouser Kimberly Rinehart
Source: Public Records

Range of Values:

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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
Grubb Nicholas Jordan -- None Available
Neuhouser Jonathan James -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grubb Nicholas Jordan $127,645
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2016 08/31/16 Sold $130,000 -18.5% $49 / Sq Ft
07/06/2016 07/06/16 Pending -- -- --
01/06/2016 01/06/16 For Sale $159,500 -- $60 / 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 $2,678 $263,000 $26,400 $236,600
2023 $2,622 $260,400 $26,400 $234,000
2022 $2,386 $236,600 $26,400 $210,200
2021 $2,221 $219,800 $26,400 $193,400
2020 $1,894 $195,900 $21,400 $174,500
2019 $1,600 $170,600 $21,400 $149,200
2018 $1,523 $163,900 $22,100 $141,800
2017 $1,519 $163,600 $22,100 $141,500
2016 $1,451 $161,000 $22,100 $138,900
2014 $3,562 $171,100 $22,100 $149,000
Source: Public Records

Agents Affiliated with this Home

  • Gary Paine

    Seller's Agent in 2016

    Gary Paine

    RE/MAX

    (812) 322-1038

    66 Total Sales

    Gary Paine
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Map

Source: Indiana Regional MLS

MLS Number: 201600586

Indiana Regional MLS

APN: 53-08-16-301-041.000-009

Indiana Monroe County Bloomington 47401

3502 S Kennedy Dr, Bloomington, IN

This home is located at 3502 S Kennedy Dr, Bloomington, IN 47401 since 06 January 2016 and is currently estimated at $338,636, approximately $127 per square foot. This property was built in 1994. 3502 S Kennedy Dr is a home located in Monroe County with nearby schools including Templeton 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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