NOT LISTED FOR SALE

357 S Madison St Bloomington, IN 47403

Prospect Hill Neighborhood

Estimated Value: $336,000 - $384,000

2 Beds
2 Baths
1,441 Sq Ft
$201/ mo HOA Fee

Last Sold May 31, 2018

Last sale price $230,000 $160 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,466/month

49 Days on Market

Highlights

  • Open Floorplan
  • Contemporary Architecture
  • Wood Flooring
  • Tri-North Middle School Rated A
  • Cathedral Ceiling
  • 2-minute walk to Hopewell Commons

About This Home

As of May 2018

Come see this luxurious Madison Park condo! The hardwood floor, quartz countertops, modern Ikea cabinet facing, built-in closet systems, fresh paint, and BRAND new carpet in master bedroom allows you to simply turn the key and make this your contemporary home! The property includes a deeded garage with interior access. The property's features include front-loading washer/dryer, refrigerator, convection oven with gas range and dishwasher. The two bedroom floor-plan offers an upstairs loft area with plentiful storage in both attic entrances. Seller installed a new NEST thermostat system! The remodeling included removing the second bedroom's wall to allow for additional living space and to add to the open-floor plan feel. The previous seller removed a wall from second bedroom, but can be modified back to a two bedroom with the addition of the wall. Once you see the downtown views from your kitchen and walk a few steps to Bloomington's B-line, dining, shopping and the finest downtown experience, you will fall in love!

Last Agent to Sell the Property

Kyla English

Lux Realty Listed on: 02/26/2018

Last Buyer's Agent

BLOOM NonMember

NonMember BL

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,764

Year Built

  • Built in 1992

Lot Details

  • 653

HOA Fees

  • $201 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Contemporary Architecture
  • Vinyl Construction Material

Interior Spaces

  • 1,441 Sq Ft Home
  • Multi-Level Property
  • Open Floorplan
  • Cathedral Ceiling
  • Wood Flooring
  • Washer and Gas Dryer Hookup

Kitchen

  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Bathtub with Shower

Basement

  • Walk-Up Access
  • Block Basement Construction

Schools

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

Additional Features

  • Suburban Location
  • Forced Air Heating and Cooling System

Community Details

  • Madison Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 53-01-50-400-057.000-009

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,764

Year Built

Built in 1992

Lot Details

653 Sq Ft Lot

HOA Fees

$201 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Condo/Villa
  • Year Built: 1992
  • Style: Multi-Story (3+)
  • Architectural Style: Contemporary
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 015-04000-57 Madison Pk Ph 2 Bldg 3 Unit 357; & 357g |
  • Parcel Number ID: 53-01-50-400-057.000-009
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Ceiling-9+, Ceiling-Cathedral, Countertops-Solid Surf, Disposal, Dryer Hook Up Electric, Dryer Hook Up Gas, Garage Door Opener, Near Walking Trail, Open Floor Plan, Tub/Shower Combination, Washer Hook-Up
  • Improvmnts In Last5 Yrs: Yes
  • Inside City Limits: Yes
  • Location: City/Town/Suburb, Near College Campus, Near Walking Trail
  • Road Access: City
  • Road Surface: Asphalt
  • Special Features: None

Interior Features

  • Total Sq Ft: 1441
  • Total Finished Sq Ft: 1441
  • Above Grade Finished Sq Ft: 1441
  • Basement Foundation: Walk-up
  • Basement Material: Block
  • Flooring: Hardwood Floors
  • Kitchen: Dimensions: 13x11, On Level: Main
  • Bedroom 1: Dimensions: 12x11, On Level: Main
  • Bedroom 2: Dimensions: 12x11, On Level: Main
  • Loft: Dimensions: 15x11, On Level: Upper
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 20x18
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: Public
  • Water Utilities: Public
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Water Company: Bloomington City Utility
  • Cable Company: Comcast

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 200.63
  • Association Fees Frequency: Monthly

Schools

  • Elementary School: Fairview

Lot Info

  • Lot Description: Level
  • Lot Dimensions: Irregular

Tax Info

  • Annual Taxes: 1763.7
  • Exemptions: Homestead, Mortgage, Supplemental

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

Listed on
Feb 26, 2018
Closed on
May 31, 2018
Sold by
Siler Jonathan
Bought by
Hobson Eric and Hobson Susan
Seller's Agent
Kyla English
Lux Realty
Buyer's Agent
BLOOM NonMember
NonMember BL
List Price
$237,900
Sold Price
$230,000
Premium/Discount to List
-$7,900
-3.32%
Current Estimated Value
$352,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,569
Avg. Annual Appreciation
5.65%
Original Mortgage
$172,500
Outstanding Balance
$147,244
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$205,325

Purchase Details

Listed on
Apr 26, 2014
Closed on
Jul 1, 2014
Sold by
Rostad Masumi
Bought by
Siler Jonathan Thomas
Buyer's Agent
Ashley Norman
Town Manor Real Estate LLC
List Price
$210,000
Sold Price
$200,000
Premium/Discount to List
-$10,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.63%
Original Mortgage
$154,125
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 26, 2014
Closed on
May 14, 2014
Sold by
Rostad Milena
Bought by
Rostad Masumi
Buyer's Agent
Ashley Norman
Town Manor Real Estate LLC
List Price
$210,000
Sold Price
$200,000
Premium/Discount to List
-$10,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,125
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 30, 2012
Closed on
Aug 1, 2012
Sold by
Oreilley Dennis Patrick and Oreiley Daniel Patrick
Bought by
Rostad Masumi and Rostad Milena
List Price
$170,000
Sold Price
$170,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.83%
Original Mortgage
$127,500
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2009
Sold by
Ellis Aaron W
Bought by
Reilley Dennis Patrick O and Reilley Daniel Patrick O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,800
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 13, 2006
Sold by
Haff David P
Bought by
Ellis Aaron W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,700
Interest Rate
6.34%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hobson Eric $230,000 --
Hobson Eric $230,000 John Bethell Title Company Inc
Siler Jonathan Thomas -- None Available
Rostad Masumi -- None Available
Rostad Masumi -- None Available
Reilley Dennis Patrick O -- None Available
Ellis Aaron W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hobson Eric $172,500
Previous Owner Siler Jonathan Thomas $154,125
Previous Owner Rostad Masumi $127,500
Previous Owner Reilley Dennis Patrick O $126,800
Previous Owner Ellis Aaron W $20,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2018 05/31/18 Sold $230,000 -3.3% $160 / Sq Ft
02/26/2018 02/26/18 For Sale $237,900 +19.0% $165 / Sq Ft
07/01/2014 07/01/14 Sold $200,000 -4.8% $145 / Sq Ft View Prior Sale
04/30/2014 04/30/14 Pending -- -- --
04/26/2014 04/26/14 For Sale $210,000 +23.5% $152 / Sq Ft
08/01/2012 08/01/12 Sold $170,000 0.0% $123 / Sq Ft View Prior Sale
07/30/2012 07/30/12 Pending -- -- --
07/30/2012 07/30/12 For Sale $170,000 -- $123 / Sq Ft
Source: Indiana Regional MLS

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
2025 $5,415 $300,000 $0 $300,000
2024 $5,415 $264,500 $0 $264,500
2023 $5,597 $264,500 $0 $264,500
2022 $4,596 $230,000 $0 $230,000
2021 $4,291 $210,000 $0 $210,000
2020 $4,278 $210,000 $0 $210,000
2019 $4,205 $200,000 $0 $200,000
2018 $1,804 $185,000 $0 $185,000
2017 $1,804 $185,000 $0 $185,000
2016 $1,764 $185,000 $0 $185,000
2014 $1,466 $162,000 $0 $162,000
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2018

    Kyla English

    Lux Realty

    Section Image

  • B

    Buyer's Agent in 2018

    BLOOM NonMember

    NonMember BL

  • A

    Buyer's Agent in 2014

    Ashley Norman

    Town Manor Real Estate LLC

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201806858

Indiana Regional MLS

APN: 53-01-50-400-057.000-009

Indiana Monroe County Bloomington 47403 Prospect Hill

357 S Madison St, Bloomington, IN

Not Listed for Sale

Condos

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 Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Based on information submitted to the MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.