NOT LISTED FOR SALE

394 E Varsity Ln Bloomington, IN 47408

Estimated Value: $217,563 - $374,000

3 Beds
3.5 Baths
1,524 Sq Ft
$181/Sq Ft Est. Value

Last Sold August 05, 2016

Last sale price $130,000 $85 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $1,678/month

1 Day on Market

Highlights

  • ENERGY STAR Certified Homes
  • Traditional Architecture
  • Double Pane Windows
  • University Elementary School Rated A
  • Balcony
  • Energy-Efficient Appliances

About This Home

As of August 2016

3BR, 3 Bath townhome located close to IU Stadium.

Last Agent to Sell the Property

Jason Millican

Jason Millican Group Listed on: 08/03/2016

Last Buyer's Agent

Jason Millican

Jason Millican Group Listed on: 08/03/2016

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,213

Year Built

  • Built in 1985

Lot Details

  • 4,356 Sq Ft Lot
  • Landscaped

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Wired For Data
  • Double Pane Windows

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • 1 Bathroom in Basement

Parking

  • 3 Parking Spaces
  • Driveway
  • Paved Parking

Eco-Friendly Details

  • Energy-Efficient Appliances
  • ENERGY STAR Certified Homes

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • ENERGY STAR Qualified Air Conditioning
  • Heating System Uses Gas

Additional Features

  • Balcony
  • Suburban Location

Community Details

  • Electric Expense $1,200
  • Fuel Expense $800
  • Insurance Expense $560
  • Maintenance Expense $400
  • Water Sewer Expense $600

Listing and Financial Details

  • The owner pays for association dues, building insurance, cooling, electric, maintenance, water
  • Assessor Parcel Number 53-01-32-749-018.000-005

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,213

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1985
  • Age: 31
  • Style: Townhouse
  • Architectural Style: Traditional
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 4
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Legal Description: VARSITY VILLA SI B10 U-A MAP REF:28.43 -0017.000 |
  • Parcel Number ID: 53-01-32-749-018.000-005
  • Platted: Yes
  • Amenities: Basement, Balcony, Landscaped, Wiring-Data
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100
  • Annual Miscellaneous: 200
  • Year Taxes Payable: 2015/2016
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Total Sq Ft: 1524
  • Total Finished Sq Ft: 1524
  • Above Grade Finished Sq Ft: 1088
  • Below Grade Finished Sq Ft: 436
  • Price Per Sq Ft: 119.49
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Number Below Grade Bathrooms: 1
  • Total Below Grade Sq Ft: 436
  • Number Of Disposals: 1
  • Number Of Microwaves: 1
  • Number Of Ranges Ovens: 1
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Stories: 2

Garage/Parking

  • Driveway: Asphalt
  • Number Of Parking Spaces: 3
  • Parking: Paved

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
  • Cable Company: Comcast
  • Hvac: Energy Star A/C
  • Annual Electric: 1200
  • Annual Fuel Expense: 800
  • Annual Insurance Expense: 560
  • Annual Maintenance Expense: 400
  • Annual Water Sewer Expense: 600
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Common Amenities: Sidewalks

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: .10
  • Estimated Lot Sq Ft: 4356
  • Estimated Lot Size Acres: 0.1

Green Features

  • Energy Efficient: Appliances
  • Green Certifications: Energy Star
  • Energy Efficient Windows/Doors: Double Pane Windows

Rental Info

  • Owner Pays: Association Dues, Building Insurance, Cooling, Electric, Maintenance, Water

Tax Info

  • Annual Property Tax: 2213

Multi Family

  • Number Of Dishwashers: 1
  • Number Of Dryers: 1
  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Number Of Washers: 1
  • Number Of 3 Bedrooms: 1

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

Closed on
Aug 9, 2017
Sold by
Tcg Properties Llc
Bought by
University Properties Llc
Current Estimated Value
$275,141

Purchase Details

Closed on
Aug 8, 2017
Sold by
University Properties Ii Llc
Bought by
University Properties Iii Llc

Purchase Details

Listed on
Aug 3, 2016
Closed on
Aug 5, 2016
Sold by
Meador Jeffrey and Meador Gina D
Bought by
Stadium Crossing Llc
Seller's Agent
Jason Millican
Jason Millican Group
Buyer's Agent
Jason Millican
Jason Millican Group
List Price
$130,000
Sold Price
$130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.47%
Original Mortgage
$207,000
Interest Rate
3.56%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 25, 2013
Sold by
Goode Roy and Goode Ruth
Bought by
Meador Jeffrey and Meador Gina D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2006
Sold by
Goode Roy and Goode Ruth
Bought by
Goode Roy and Goode Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,500
Interest Rate
7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 27, 2006
Sold by
Lauer Owen A and Lauer Joan K
Bought by
Goode Roy and Goode Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,500
Interest Rate
7%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
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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
University Properties Llc -- None Available
University Properties Iii Llc -- None Available
University Properties Ii Llc -- None Available
University Properties Llc -- None Available
Stadium Crossing Llc -- None Available
Meador Jeffrey -- None Available
Goode Roy -- None Available
Goode Roy -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stadium Crossing Llc $207,000
Previous Owner Meador Jeffrey $92,000
Previous Owner Goode Roy $119,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2016 08/05/16 Sold $130,000 0.0% $85 / Sq Ft
08/04/2016 08/04/16 Pending -- -- --
08/03/2016 08/03/16 For Sale $130,000 -- $85 / 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 $2,688 $131,000 $41,600 $89,400
2023 $1,328 $125,200 $40,000 $85,200
2022 $2,366 $116,600 $40,000 $76,600
2021 $2,304 $110,900 $40,000 $70,900
2020 $2,224 $107,800 $40,000 $67,800
2019 $2,174 $103,400 $40,000 $63,400
2018 $2,179 $103,400 $40,000 $63,400
2017 $2,167 $102,600 $40,000 $62,600
2016 $2,003 $96,400 $40,000 $56,400
2014 $2,213 $106,100 $40,000 $66,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201636684

Indiana Regional MLS

APN: 53-01-32-749-018.000-005