NOT LISTED FOR SALE

3878 S Cramer Cir Bloomington, IN 47403

Estimated Value: $255,000 - $344,000

15 Beds
15 Baths
7,620 Sq Ft
$38/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $685,000 $90 Per Sq Ft

Current estimated payment $2,208/month

19 Days on Market

Highlights

  • Clubhouse
  • Community Pool
  • Laundry closet
  • Bloomington High School South Rated A
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of December 2020

5-Plex Investment Opportunity! Fully rented and located in Batchelor Heights neighborhood. Each unit has 3 bedrooms, 2.5 baths and a one car garage. Close to downtown Bloomington, Indiana University and I-69. Monthly HOA fees are $65/unit and include common area, pool and trash pickup. HOA Info: http://www.batchelorheightshoa.com/

Last Buyer's Agent

Corinne Wilson

eXp Realty LLC

eXp Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,241

Year Built

  • Built in 2002

Lot Details

  • 1,307

HOA Fees

  • $325 Monthly HOA Fees

Home Design

  • Planned Development
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 7,620 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Laminate Countertops
  • Laundry closet

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 15 Bedrooms

Parking

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

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Additional Features

  • Level Lot
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, heating, sewer, water
  • The owner pays for association dues, building insurance, lawn maintenance, maintenance, snow removal, tax, trash collection
  • Assessor Parcel Number 53-08-17-304-108.000-008

Community Details

Overview

  • 5 Units

Amenities

  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • Pet Restriction

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 5 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,241

Year Built

Built in 2002

Lot Details

0

HOA Fees

$325 per month

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fiveplex
  • Year Built: 2002
  • Age: 18
  • Style: Two Story
  • Bedrooms: 15
  • Number Above Grade Bedrooms: 15
  • Total Bathrooms: 15
  • Total Full Bathrooms: 10
  • Total Number of Half Bathrooms: 5
  • Legal Description: 014-17091-54 BATCHELOR HEIGHTS SEC 1 LOT 54 014-17091-55 BATCHELOR HEIGHTS SEC 1 LOT 55 014-17091-56 BATCHELOR HEIGHTS SEC 1 LOT 56 014-17091-57 BATCHELOR HEIGHTS SEC 1 LOT 57 014-17091-58 BATCHELOR HEIGHTS SEC 1 LOT 58
  • Parcel Number ID: 53-08-17-304-108.000-008
  • Platted: Yes
  • Amenities: Ceiling Fan, Off Street Parking, Near Walking Trail, Cable Ready, Countertops-Laminate
  • Cross Street: Wickens
  • Location: City/Town/Suburb, Near Walking Trail
  • Parcel Id2: 53-08-17-304-043.000-008
  • Sp Lp Percent: 97.16
  • Annual Miscellaneous: 3900
  • Monthly Gross Income: 6375
  • County Zoning: Unknown
  • Special Features: None

Interior Features

  • Total Sq Ft: 7620
  • Total Finished Sq Ft: 7620
  • Above Grade Finished Sq Ft: 7620
  • Price Per Sq Ft: 89.9
  • Basement Foundation: Slab
  • Flooring: Carpet, Vinyl
  • Number Of Disposals: 5
  • Number Of Microwaves: 5
  • Number Of Ranges Ovens: 5

Exterior Features

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

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 15
  • Parking: Garage, Off Street, Paved, Private

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: Vectren Energy
  • Water Company: Bloomington City Utility
  • Number Electric Meters: 5
  • Number Gas Meters: 5
  • Number Of W D Hookups: 5
  • Number Water Meters: 5

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 325
  • Association Fees Frequency: Monthly
  • Common Amenities: Clubhouse, Swimming Pool
  • Other Fee Description: HOA Exterior Insurance
  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level, Planned Unit Development, 0-2.9999

Rental Info

  • Lease Term: 6 Months, 1 Year, 2 Years
  • Owner Pays: Association Dues, Building Insurance, Lawn Maintenance, Maintenance, Snow Removal, Tax, Trash Collection
  • Tenant Pays: Cable, Cooling, Electric, Heating, Sewer, Water

Multi Family

  • Gross Monthly Rent: 6375
  • Number Of Dishwashers: 5
  • Number Of Dryers: 5
  • Number Of Refrigerators: 5
  • Number Of Units: 5
  • Number Of Washers: 5
  • Number Of 3 Bedrooms: 5
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 7241.1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2020
Closed on
Dec 18, 2020
Sold by
Batchelor Heights Llc
Bought by
Gupta Daniel
Buyer's Agent
Corinne Wilson
eXp Realty LLC
List Price
$705,000
Sold Price
$685,000
Premium/Discount to List
-$20,000
-2.84%
Current Estimated Value
$289,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$396,000
Avg. Annual Appreciation
-17.45%
Original Mortgage
$574,960
Outstanding Balance
$340,080
Interest Rate
2.71%
Mortgage Type
Unknown
Estimated Equity
-$51,080
Source: Public Records

Range of Values:

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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
Gupta Daniel $685,000 John Bethell Title Company, In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gupta Daniel $574,960
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2020 12/18/20 Sold $685,000 -2.8% $90 / Sq Ft
11/23/2020 11/23/20 For Sale $705,000 -- $93 / 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 $3,230 $219,900 $49,200 $170,700
2023 $2,734 $177,200 $40,000 $137,200
2022 $2,405 $166,000 $40,000 $126,000
2021 $2,258 $148,900 $30,000 $118,900
2020 $2,272 $142,300 $30,000 $112,300
2019 $1,610 $117,400 $20,000 $97,400
2018 $1,431 $103,000 $20,000 $83,000
2017 $1,430 $102,900 $20,000 $82,900
2016 $1,396 $102,200 $20,000 $82,200
2014 $1,304 $97,700 $20,000 $77,700
Source: Public Records

Agents Affiliated with this Home

  • Corinne Wilson

    Buyer's Agent in 2020

    Corinne Wilson

    eXp Realty LLC

    (812) 204-2638

    37 Total Sales

    Corinne Wilson
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Map

Source: Indiana Regional MLS

MLS Number: 202046984

Indiana Regional MLS

APN: 53-08-17-304-108.000-008

Indiana Monroe County Bloomington 47403

3878 S Cramer Cir, Bloomington, IN

This home is located at 3878 S Cramer Cir, Bloomington, IN 47403 since 23 November 2020 and is currently estimated at $289,000, approximately $37 per square foot. This property was built in 2002. 3878 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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