NOT LISTED FOR SALE

3816 E Rachels Glen Rd Bloomington, IN 47408

Estimated Value: $669,373 - $920,000

4 Beds
3.5 Baths
4,440 Sq Ft
$182/Sq Ft Est. Value

Last Sold January 19, 2016

Last sale price $430,000 $97 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $4,472/month

281 Days on Market

Highlights

  • Primary Bedroom Suite
  • Living Room with Fireplace
  • Partially Wooded Lot
  • University Elementary School Rated A
  • Ranch Style House
  • Wood Flooring

About This Home

As of January 2016

Located in the Rachels Glen subdivision, within just two miles of Indiana University and downtown, this beautiful 4 bedroom, 3.5 bath, custom east-side home offers privacy while still being conveniently close to east-side shopping. This ranch over walk-out basement offers an open floor plan; high ceilings and wood floors. The cook's kitchen, which opens to the family room, is complete with custom cherry cabinets, Wolf range, and granite countertop as well as an island. The main level features a formal dining room as well as a screened-in porch, which is accessible through the family room. The master bedroom and bath; guest suite; and laundry room are also on the main level. The lower level offers 3 guest rooms or offices, and an additional room that previously served as a library; as well as plenty of storage. The two-acre property has been professionally landscaped, offering spectacular views from both main and lower levels.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,387

Year Built

  • Built in 1997

Lot Details

  • 2.04 Acre Lot
  • Level Lot
  • Partially Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • Built-in Bookshelves
  • Built-In Features
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Screened Porch
  • Wood Flooring

Kitchen

  • Kitchen Island
  • Solid Surface Countertops
  • Utility Sink

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Garden Bath

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • 1 Bathroom in Basement
  • 2 Bedrooms in Basement

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 53-05-35-103-004.000-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,387

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1997
  • Age: 18
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 7
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 4
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Legal Description: 012-26160-12 RACHELS GLEN LOT 12
  • Parcel Number ID: 53-05-35-103-004.000-004
  • Platted: Yes
  • Amenities: Built-In Speaker System, Built-In Bookcase, Cable Available, Cable Ready, Countertops-Solid Surf, Garden Tub, Kitchen Island, Porch Screened, Utility Sink, Main Level Bedroom Suite, Formal Dining Room
  • Grid: Northeast Bloomington Cit-2000
  • Number Below Grade Bedrooms: 2
  • Parcel Id2: 53-05-35-103-004.000-004
  • Sp Lp Percent: 89.6
  • Special Features: None

Interior Features

  • Total Sq Ft: 4751
  • Total Finished Sq Ft: 4440
  • Above Grade Finished Sq Ft: 2770
  • Below Grade Finished Sq Ft: 1670
  • Below Grade Sq Ft: 311
  • Basement: Yes
  • Basement Foundation: Full Basement, Walk-Out Basement, Partially Finished
  • Number Of Fireplaces: 2
  • Fireplace: Family Rm, Living/Great Rm
  • Flooring: Hardwood Floors
  • Living Great Room: Dimensions: 18x18, On Level: Main
  • Kitchen: Dimensions: 16x17, On Level: Main
  • Dining Room: Dimensions: 13x17, On Level: Main
  • Family Room: Dimensions: 15x19, On Level: Main
  • Extra Room: Storage Closet, Dimensions: 8x10, On Level: Lower
  • Bedroom 1: Dimensions: 15x17, On Level: Main
  • Bedroom 2: Dimensions: 16x13, On Level: Main
  • Bedroom 3: Dimensions: 14x13, On Level: Lower
  • Bedroom 4: Dimensions: 14x14, On Level: Lower
  • Bedroom 5: Dimensions: 15x15, On Level: Lower
  • Other Room1: Family Room/Library, Dimensions: 20x22, On Level: Lower
  • Other Room 2: Store Room, Dimensions: 17x17, On Level: Lower
  • Other Room 3: Screen Porch, Dimensions: 10x8, On Level: Main
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1981

Exterior Features

  • Exterior: Brick
  • Roof Material: Asphalt
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x27
  • Garage Sq Ft: 648

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: Vectren Energy
  • Water Company: Bloomington City Utility
  • Cable Company: Comcast
  • Laundry: Dimensions: 7xMain, On Level: 9

Schools

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

Lot Info

  • Lot Description: Level, Partially Wooded
  • Estimated Lot Sq Ft: 88862
  • Estimated Lot Size Acres: 2.04

Tax Info

  • Annual Taxes: 4386.84

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2015
Closed on
Jan 14, 2016
Sold by
Harrison Julie
Bought by
Hwang Leon Kyuwoon and Kim Minejeong
List Price
$599,000
Sold Price
$430,000
Premium/Discount to List
-$169,000
-28.21%
Total Days on Market
281
Current Estimated Value
$806,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$376,343
Avg. Annual Appreciation
6.15%
Original Mortgage
$387,000
Interest Rate
3.93%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Hwang Leon Kyuwoon -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hwang Leon Kyuwoon $386,800
Closed Hwang Leon Kyuwoon $387,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2016 01/19/16 Sold $430,000 -28.2% $97 / Sq Ft
01/19/2016 01/19/16 Pending -- -- --
04/13/2015 04/13/15 For Sale $599,000 -- $135 / 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
2023 $2,311 $558,500 $93,800 $464,700
2022 $4,414 $526,000 $93,800 $432,200
2021 $4,005 $468,800 $93,800 $375,000
2020 $3,931 $443,800 $93,800 $350,000
2019 $3,749 $436,300 $93,800 $342,500
2018 $3,896 $436,300 $93,800 $342,500
2017 $3,880 $434,200 $90,200 $344,000
2016 $4,483 $432,800 $90,200 $342,600
2014 $4,387 $521,500 $90,200 $431,300
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 201514958

Indiana Regional MLS

APN: 53-05-35-103-004.000-004