NOT LISTED FOR SALE

3903 S Cramer Cir Bloomington, IN 47403

Estimated Value: $238,000 - $373,000

12 Beds
12 Baths
8,736 Sq Ft
$33/Sq Ft Est. Value

Last Sold September 16, 2020

Last sale price $600,000 $69 Per Sq Ft

Current estimated payment $2,098/month

46 Days on Market

Highlights

  • Clubhouse
  • Community Pool
  • Breakfast Bar
  • Bloomington High School South Rated A
  • 1 Car Attached Garage
  • Laundry closet

About This Home

As of September 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. Close to downtown Bloomington, Indiana University and I-69. Common area pool is available for your tenants. HOA fees are $55/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: 08/01/2020

Last Buyer's Agent

Kathy Scheid

The Indiana Team LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,768

Year Built

  • Built in 2004

Lot Details

  • 2,004

HOA Fees

  • $260 Monthly HOA Fees

Home Design

  • Quadruplex
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Laundry closet

Kitchen

  • Breakfast Bar
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 12 Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

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

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Additional Features

  • Level Lot
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electric, fuel, heating, sewer, water
  • The owner pays for association dues, building insurance, lawn maintenance, maintenance, snow removal, tax, trash collection
  • Assessor Parcel Number 53-08-17-304-024.000-008

Community Details

Overview

  • 4 Units
  • Batchelor Heights Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed with Restrictions

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,768

Year Built

Built in 2004

Lot Details

0

HOA Fees

$260 per month

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 2004
  • Style: Two Story
  • Bedrooms: 12
  • Total Bathrooms: 12
  • Total Full Bathrooms: 8
  • Total Number of Half Bathrooms: 4
  • Legal Description: 014-17091-34 BATCHELOR HEIGHTS SEC 1 LOT 34 014-17091-33 BATCHELOR HEIGHTS SEC 1 LOT 33 014-17091-32 BATCHELOR HEIGHTS SEC 1 LOT 32 014-17091-31 BATCHELOR HEIGHTS SEC 1 LOT 31
  • Parcel Number ID: 53-08-17-304-024.000-008
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Near Walking Trail, Breakfast Bar, Cable Ready, Countertops-Laminate
  • Cross Street: Wickens
  • Grid: Southwest Monroe County-D000
  • Location: City/Town/Suburb
  • Parcel Id2: 53-08-17-304-024.000-008
  • Road Surface: Asphalt
  • Restrictions Yn: Yes
  • County Zoning: Unknown
  • Special Features: None

Interior Features

  • Total Sq Ft: 8736
  • Total Finished Sq Ft: 8736
  • Above Grade Finished Sq Ft: 6096
  • Below Grade Finished Sq Ft: 2640
  • Basement: Yes
  • Basement Foundation: Finished, Full Basement
  • Basement Material: Block
  • Flooring: Carpet, Laminate, Vinyl
  • Main Level Sq Ft: 2640
  • Total Below Grade Sq Ft: 2640
  • Number Of Disposals: 4
  • Number Of Microwaves: 4
  • Number Of Ranges Ovens: 4
  • Number Ttl Rooms Below Grade: 4

Exterior Features

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

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 4
  • Parking: Garage, Off Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: 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: Clubhouse, Swimming Pool, Sidewalks
  • Other Fee Description: Insurance
  • Other Fees Dollar: 799.04
  • Pet Restrictions: Yes

Schools

  • Elementary School: Summit

Lot Info

  • Lot Description: Level, 0-2.9999

Rental Info

  • Lease Term: 1 Year, Renewal Options
  • Owner Pays: Association Dues, Building Insurance, Lawn Maintenance, Maintenance, Snow Removal, Tax, Trash Collection
  • Tenant Pays: Electric, Fuel, Heating, Sewer, Water

Tax Info

  • Annual Property Tax: 6768

Multi Family

  • Number Of Dishwashers: 4
  • Number Of Dryers: 4
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Number Of Washers: 4

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 1, 2020
Closed on
Sep 16, 2020
Sold by
Batchelor Heights Llc
Bought by
Silwal Narayan and Silwal Veronica
Seller's Agent
Trish Sterling
Sterling Real Estate
Buyer's Agent
Kathy Scheid
The Indiana Team LLC
List Price
$599,000
Sold Price
$600,000
Premium/Discount to List
$1,000
0.17%
Current Estimated Value
$287,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$312,441
Avg. Annual Appreciation
-12.87%
Original Mortgage
$120,000
Outstanding Balance
$106,492
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$181,067

Purchase Details

Closed on
Mar 29, 2006
Sold by
Three R Development Llc
Bought by
Mcglynn Patrick S and Mcglynn Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,570
Interest Rate
6.38%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Silwal Narayan -- None Available
Mcglynn Patrick S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silwal Narayan $120,000
Previous Owner Mcglynn Patrick S $297,570
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2020 09/16/20 Sold $600,000 +0.2% $69 / Sq Ft
08/01/2020 08/01/20 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 $4,190 $286,800 $49,200 $237,600
2023 $3,610 $235,600 $40,000 $195,600
2022 $3,105 $217,300 $40,000 $177,300
2021 $2,886 $194,800 $30,000 $164,800
2020 $2,677 $168,500 $30,000 $138,500
2019 $1,915 $140,100 $20,000 $120,100
2018 $1,692 $122,300 $20,000 $102,300
2017 $1,683 $121,500 $20,000 $101,500
2016 $1,641 $120,600 $20,000 $100,600
2014 $1,552 $116,300 $20,000 $96,300
Source: Public Records

Agents Affiliated with this Home

  • Trish Sterling

    Seller's Agent in 2020

    Trish Sterling

    Sterling Real Estate

    (812) 327-5431

    193 Total Sales

    Trish Sterling
    Section Image
  • Kathy Scheid

    Buyer's Agent in 2020

    Kathy Scheid

    The Indiana Team LLC

    (812) 322-5644

    116 Total Sales

    Kathy Scheid
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202029965

Indiana Regional MLS

APN: 53-08-17-304-024.000-008

Indiana Monroe County Bloomington 47403

3903 S Cramer Cir, Bloomington, IN

Not Listed for Sale

MultiFamily

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