NOT LISTED FOR SALE

3946 E 10th St Bloomington, IN 47408

Estimated Value: $355,000 - $412,000

12 Beds
7.5 Baths
5,716 Sq Ft
$66/Sq Ft Est. Value

Last Sold April 28, 2021

Last sale price $572,000 $100 Per Sq Ft

Est. 34% decrease in value since last sale

Current estimated payment $2,478/month

147 Days on Market

Highlights

  • Open Floorplan
  • Backs to Open Ground
  • Skylights
  • University Elementary School Rated A
  • Community Fire Pit
  • Laundry in Utility Room

About This Home

As of April 2021

Multi-family investment portfolio for sale on E 10th St. Includes three single-family dwellings all used as investment rental properties. The sale includes 3946, 3950 & 3962 E 10th Street (selling all together) and all units are fully leased. The first unit has 5 bedrooms with a rustic cabin feel and has a small "pagoda" on the top floor that you can see 360 degrees around. The second unit has 6 bedrooms and sits between the other two properties. The third unit is a 2-story "studio" with open concept with bedroom on the upper level and a hot top on the main level. Don't miss out on this great investment near campus with strong rental history!

Last Agent to Sell the Property

Craig Dohman

Century 21 Scheetz - Bloomington Listed on: 09/14/2020

Century 21 Scheetz - Bloomington

Last Buyer's Agent

Chris Berg

eXp Realty LLC

eXp Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,507

Year Built

  • Built in 1993

Lot Details

  • 0.91 Acre Lot
  • Backs to Open Ground
  • Irregular Lot

Parking

  • 16 Parking Spaces

Home Design

  • Slab Foundation
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 5,716 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Skylights
  • Laundry in Utility Room

Bedrooms and Bathrooms

  • 12 Bedrooms

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 53-05-35-100-006.000-005

Community Details

Building Details

  • Insurance Expense $2,273
  • Maintenance Expense $12,345
  • Trash Expense $720

Additional Features

  • 3 Units
  • Community Fire Pit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,507

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1993
  • Style: Two Story
  • Bedrooms: 12
  • Total Bathrooms: 8
  • Total Full Bathrooms: 7
  • Total Number of Half Bathrooms: 1
  • Legal Description: Parcel ID #3: 53-05-35-100-018.000-005 Legal #1: 013-02775-00 PT NE 35-9-1W .33A; (GRANDVIEW HILLS 3RD LOT 74); O13-02770-00 FOR HOMESTEAD Legal #2: 013-02760-00 10TH STREET LOT 2 Legal #3: 013-02760-01 10TH STREET LOT 1
  • Parcel Number ID: 53-05-35-100-006.000-005
  • Platted: Yes
  • Amenities: Skylights, Ceiling-9+, Firepit, Open Floor Plan
  • Parcel Id2: 53--0-5--35--100.-00-2.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 5716
  • Total Finished Sq Ft: 5716
  • Above Grade Finished Sq Ft: 5716
  • Basement Foundation: Slab
  • Flooring: Mixed
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Vinyl, Wood
  • Stories: 3

Garage/Parking

  • Number Of Parking Spaces: 16

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 2273
  • Annual Maintenance Expense: 12345.26
  • Annual Trash Expense: 720
  • Number Of W D Hookups: 3

Lot Info

  • Lot Description: Irregular
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 39640
  • Estimated Lot Size Acres: 0.91

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Water

Tax Info

  • Annual Property Tax: 10506.68

Multi Family

  • Number Of Dishwashers: 3
  • Number Of Dryers: 3
  • Number Of Refrigerators: 4
  • Number Of Units: 3
  • Number Of Washers: 3
  • Num Of1 Bedrooms: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2020
Closed on
Apr 28, 2021
Sold by
Mdm Bloomington Properties Llc
Bought by
Tdt Properties Llc
Seller's Agent
Craig Dohman
Century 21 Scheetz - Bloomington
Buyer's Agent
Chris Berg
eXp Realty LLC
List Price
$599,000
Sold Price
$572,000
Premium/Discount to List
-$27,000
-4.51%
Current Estimated Value
$379,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$192,696
Avg. Annual Appreciation
-8.39%
Original Mortgage
$457,600
Outstanding Balance
$380,301
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$997

Purchase Details

Listed on
Aug 30, 2017
Closed on
Sep 29, 2017
Sold by
Min Dongwook and Lee Min Ah
Bought by
Mdm Bllomington Properties Llc
Seller's Agent
BLOOM NonMember
NonMember BL
Buyer's Agent
Kirsten Lee
Century 21 Scheetz - Bloomington
List Price
$198,400
Sold Price
$198,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.55%
Original Mortgage
$148,800
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 30, 2017
Closed on
Aug 30, 2017
Sold by
Roby Member Michael
Bought by
Dongwook Min
Seller's Agent
BLOOM NonMember
NonMember BL
Buyer's Agent
Kirsten Lee
Century 21 Scheetz - Bloomington
List Price
$198,400
Sold Price
$198,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,800
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2016
Sold by
Roby Michael Lee and Roby Kelly Ann
Bought by
Wr Bloomington Properties Llc

Purchase Details

Closed on
Jan 11, 2016
Sold by
Wr Bloomington Properties Llc
Bought by
Roby Michael L and Roby Kelly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,200
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2012
Sold by
Brewer Derk
Bought by
Wr Bloomington Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
3.99%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Tdt Properties Llc -- None Available
Mdm Bllomington Properties Llc -- None Available
Dongwook Min $198,400 --
Min Dongwook $198,400 John Bethell Title Company Inc
Wr Bloomington Properties Llc -- None Available
Roby Michael L -- None Available
Wr Bloomington Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tdt Properties Llc $457,600
Previous Owner Min Dongwook $148,800
Previous Owner Roby Michael L $131,200
Previous Owner Wr Bloomington Properties Llc $412,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/28/2021 04/28/21 Sold $572,000 -4.5% $100 / Sq Ft
09/14/2020 09/14/20 For Sale $599,000 +201.9% $105 / Sq Ft
08/30/2017 08/30/17 Sold $198,400 0.0% $122 / Sq Ft View Prior Sale
08/30/2017 08/30/17 For Sale $198,400 -- $122 / Sq Ft
08/29/2017 08/29/17 Pending -- -- --
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 $6,169 $300,700 $74,500 $226,200
2023 $3,107 $292,900 $71,700 $221,200
2022 $5,221 $257,300 $61,300 $196,000
2021 $4,493 $216,300 $42,900 $173,400
2020 $4,364 $211,500 $39,800 $171,700
2019 $4,229 $201,100 $39,800 $161,300
2018 $4,168 $197,800 $39,800 $158,000
2017 $3,850 $182,300 $33,700 $148,600
2016 $1,426 $154,300 $33,700 $120,600
2014 $3,054 $146,400 $33,700 $112,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202036961

Indiana Regional MLS

APN: 53-05-35-100-006.000-005