NOT LISTED FOR SALE

3873 S Cramer Cir Bloomington, IN 47403

Estimated Value: $248,000 - $588,747

15 Beds
12 Baths
8,688 Sq Ft
$41/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $589,000 $68 Per Sq Ft

Est. 40% decrease in value since last sale

Current estimated payment $2,513/month

18 Days on Market

Highlights

  • Partially Wooded Lot
  • Community Pool
  • Patio
  • Bloomington High School South Rated A
  • 1 Car Attached Garage
  • Laundry in Utility Room

About This Home

As of August 2020

4-plex investment opportunity! These condos are 3 bedrooms, 2 1/2 baths with basements and a one car garage are located in Batchelor Heights. This building has two ranch floor plans and two 2-story floor plans. Close to downtown Bloomington, Indiana University and I-69. Common area pool is available for your tenants. HOA fees are $65/unit and include common area, pool and trash pick up. Tenants pay water and electric. New roof installed fall 2019.

Last Agent to Sell the Property

Trish Sterling

Sterling Real Estate Listed on: 08/10/2020

Last Buyer's Agent

Pilar Taylor

The Indiana Team LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,140

Year Built

  • Built in 2002

Lot Details

  • Sloped Lot
  • Partially Wooded Lot

HOA Fees

  • $260 Monthly HOA Fees

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector
  • Laminate Countertops
  • Laundry in Utility Room

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 15 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 1 Car Attached Garage
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Schools

  • Summit Elementary School
  • Batchelor Middle School
  • Bloomington South High School

Utilities

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

Additional Features

  • Patio
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, fuel, heating, water
  • The owner pays for association dues, building insurance, lawn maintenance, maintenance, snow removal, tax
  • Assessor Parcel Number 53-08-17-304-092.000-008

Community Details

Overview

  • 4 Units
  • Batchelor Heights Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pet Restriction

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,140

Year Built

Built in 2002

Lot Details

0

HOA Fees

$260 per month

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 2002
  • Age: 18
  • Style: Two Story
  • Bedrooms: 15
  • Number Above Grade Bedrooms: 15
  • Total Bathrooms: 12
  • Total Full Bathrooms: 8
  • Total Number of Half Bathrooms: 4
  • Legal Description: 014-17091-47 BATCHELOR HEIGHTS SEC 1 LOT 47A 014-17091-46 BATCHELOR HEIGHTS SEC 1 LOT 46A 014-17091-45 BATCHELOR HEIGHTS SEC 1 LOT 45A 014-17091-44 BATCHELOR HEIGHTS SEC 1 LOT 44A
  • Parcel Number ID: 53-08-17-304-092.000-008
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Off Street Parking, Near Walking Trail, Attic Pull Down Stairs, Cable Available, Countertops-Laminate, Detector-Smoke, Patio Open
  • Location: City/Town/Suburb
  • Parcel Id2: 530817304090000008
  • Sp Lp Percent: 98.33
  • Annual Miscellaneous: 3120
  • Monthly Gross Income: 5200
  • County Zoning: Unknown
  • Year Taxes Payable: 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 8688
  • Total Finished Sq Ft: 8688
  • Above Grade Finished Sq Ft: 5208
  • Below Grade Finished Sq Ft: 3480
  • Price Per Sq Ft: 113.1
  • Basement: Yes
  • Basement Foundation: Finished, Full Basement, Walk-Out Basement
  • Basement Material: Block
  • Flooring: Carpet, Laminate, Vinyl
  • Total Below Grade Sq Ft: 3480
  • Number Of Disposals: 4
  • Number Of Microwaves: 4
  • Number Of Ranges Ovens: 4
  • Number Ttl Rooms Below Grade: 8

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Shingle
  • Pool: Association
  • Pool: Yes
  • Stories: 2

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 2
  • Parking: Garage, Off Street, Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Water Company: Bloomington City Utility
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Number Of W D Hookups: 4
  • Number Water Meters: 4

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 260
  • Association Fees Frequency: Monthly
  • Common Amenities: Swimming Pool
  • Other Fee Description: Annual Exterior Insurance
  • Pet Restrictions: Yes

Schools

  • School District: Monroe County Community School Corp.
  • Elementary School: Summit
  • Middle School: Batchelor
  • High School: Bloomington South
  • Elementary School: Summit

Lot Info

  • Lot Description: Partially Wooded, Slope, 0-2.9999

Rental Info

  • Lease Term: 1 Year, 6 Months
  • Owner Pays: Association Dues, Building Insurance, Lawn Maintenance, Maintenance, Snow Removal, Tax
  • Tenant Pays: Cable, Cooling, Electric, Fuel, Heating, Water

Multi Family

  • Gross Monthly Rent: 5200
  • Number Of Dishwashers: 4
  • Number Of Dryers: 4
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Number Of Washers: 4
  • Number Of 3 Bedrooms: 4
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 8140.24

MLS Schools

  • High School: Bloomington South
  • Middle School: Batchelor
  • School District: Monroe County Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2020
Closed on
Aug 25, 2020
Sold by
Batchelor Heights Llc
Bought by
Borgers Mark and Borgers Janet
Seller's Agent
Trish Sterling
Sterling Real Estate
Buyer's Agent
Pilar Taylor
The Indiana Team LLC
List Price
$599,000
Sold Price
$589,000
Premium/Discount to List
-$10,000
-1.67%
Current Estimated Value
$352,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$236,313
Avg. Annual Appreciation
-8.75%
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
Borgers Mark -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2020 08/31/20 Sold $589,000 -1.7% $68 / Sq Ft
08/10/2020 08/10/20 For Sale $599,000 -- $69 / 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 $3,399 $231,700 $49,200 $182,500
2023 $2,875 $186,600 $40,000 $146,600
2022 $2,531 $174,700 $40,000 $134,700
2021 $2,367 $156,400 $30,000 $126,400
2020 $2,873 $181,200 $30,000 $151,200
2019 $2,064 $151,200 $20,000 $131,200
2018 $1,809 $130,900 $20,000 $110,900
2017 $1,796 $129,900 $20,000 $109,900
2016 $1,753 $129,000 $20,000 $109,000
2014 $1,727 $129,400 $20,000 $109,400
Source: Public Records

Agents Affiliated with this Home

  • Trish Sterling

    Seller's Agent in 2020

    Trish Sterling

    Sterling Real Estate

    (812) 327-5431

    199 Total Sales

    Trish Sterling
    Section Image
  • Pilar Taylor

    Buyer's Agent in 2020

    Pilar Taylor

    The Indiana Team LLC

    (812) 679-8337

    199 Total Sales

    Pilar Taylor
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202031548

Indiana Regional MLS

APN: 53-08-17-304-092.000-008

Indiana Monroe County Bloomington 47403

3873 S Cramer Cir, Bloomington, IN

This home is located at 3873 S Cramer Cir, Bloomington, IN 47403 since 10 August 2020 and is currently estimated at $352,687, approximately $40 per square foot. This property was built in 2002. 3873 S Cramer Cir is a home located in Monroe County with nearby schools including Summit Elementary School, Lora L. Batchelor 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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