NOT LISTED FOR SALE

401 S Westwood Dr Unit 401 & 403 Bloomington, IN 47403

Estimated Value: $223,000 - $346,000

4 Beds
2 Baths
1,664 Sq Ft
$162/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $220,500 $133 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,821/month

4 Days on Market

Highlights

  • Open Floorplan
  • Backs to Open Ground
  • Covered Patio or Porch
  • Bloomington High School North Rated A
  • Corner Lot
  • Fenced Yard

About This Home

As of September 2021

Newly renovated with an excellent rate of return! New roof and exterior paint on entire duplex. Unit 401 has a new HVAC system, new waterproof vinyl planking throughout, freshly painted, new baseboard, and so much more. Unit 403 has had recent updates as well. Private fenced backyard with patios and a shared storage shed between units. Hand permit on file for both units with occupancy of five per side. Each unit has 2 bedrooms, 1 bath, washer, dryer, range, refrigerator, dishwasher and an open floor plan. Unit 401 is rented on a month-to-month basis with utilities included and unit 403 is rented on an annual lease with tenant paying utilities. Bus stop across the street. Super nice and super clean duplex. Listing Agent is owner.

Last Agent to Sell the Property

Beth Walden

Seasons of Indiana Real Estate LLC Listed on: 08/25/2021

Last Buyer's Agent

Corinne Wilson

eXp Realty LLC

eXp Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,393

Year Built

  • Built in 1977

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 93x121
  • Backs to Open Ground
  • Fenced Yard
  • Corner Lot
  • Level Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,664 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Washer Hookup

Parking

  • 4 Parking Spaces
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch
  • Shed

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electric, sewer, trash collection, water
  • The owner pays for building insurance
  • Assessor Parcel Number 53-09-01-206-012.000-016

Community Details

Overview

  • 2 Units

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • Electric Expense $2,124
  • Insurance Expense $768
  • Maintenance Expense $200
  • Trash Expense $139
  • Water Sewer Expense $696

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,393

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1977
  • Age: 44
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 017-01070-00 HIGHLAND VILLAGE 11TH LOT 458
  • Parcel Number ID: 53-09-01-206-012.000-016
  • Platted: Yes
  • Amenities: Ceiling Fan, Fenced Yard, Off Street Parking, Near Walking Trail, Countertops-Laminate, Eat-In Kitchen, Open Floor Plan, Patio Open, Porch Covered, Water Heater Electric, Washer Hook-Up
  • Location: City/Town/Suburb
  • Sp Lp Percent: 116.11
  • Monthly Gross Income: 2050
  • Special Features: None

Interior Features

  • Total Sq Ft: 1664
  • Total Finished Sq Ft: 1664
  • Above Grade Finished Sq Ft: 1664
  • Price Per Sq Ft: 132.51
  • Basement Foundation: Slab
  • Basement Material: Poured Concrete
  • Flooring: Laminate, Vinyl
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Brick, Wood
  • Roof Material: Dimensional Shingles
  • Fence: Privacy
  • Stories: 1
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 50

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electricity, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Water Company: Bloomington City Utility
  • Hvac: High Efficiency Furnace
  • Annual Electric: 2124
  • Annual Insurance Expense: 768
  • Annual Maintenance Expense: 200
  • Annual Trash Expense: 139
  • Annual Water Sewer Expense: 696
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Common Amenities: Sidewalks
  • Pet Restrictions: Yes

Schools

  • School District: Monroe County Community School Corp.
  • Elementary School: Highland Park
  • Middle School: Batchelor
  • High School: Bloomington North

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 93x121
  • Estimated Lot Sq Ft: 11326
  • Estimated Lot Size Acres: 0.26
  • Expiration Of Permit: 01/12/2025

Rental Info

  • Lease Term: Month to Month, 1 Year
  • Owner Pays: Building Insurance
  • Tenant Pays: Electric, Sewer, Trash Collection, Water

Tax Info

  • Exemptions: Mortgage
  • Annual Property Tax: 2393

Multi Family

  • Gross Monthly Rent: 2050
  • Number Of Dishwashers: 2
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2021
Closed on
Sep 15, 2021
Sold by
Walden Elisabeth A and Walden Paul A
Bought by
Equity Trust Company
Seller's Agent
Beth Walden
Seasons of Indiana Real Estate LLC
Buyer's Agent
Corinne Wilson
eXp Realty LLC
List Price
$189,900
Sold Price
$220,500
Premium/Discount to List
$30,600
16.11%
Current Estimated Value
$269,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,735
Avg. Annual Appreciation
4.97%

Purchase Details

Closed on
May 11, 2021
Sold by
Banet Cheri L
Bought by
Walden Elisabeth A and Walden Paul A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,915
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2017
Sold by
Banet Kalea M and Banet Cheri L
Bought by
Banet Cheri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2016
Sold by
Dieken Johann and Dieken Julie E
Bought by
Banet Kaela M and Banet Cheri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2006
Sold by
Dieken Johann
Bought by
Dieken Johann and Dieken Julie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
6.45%
Mortgage Type
New Conventional
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
Equity Trust Company $220,500 None Available
Walden Elisabeth A -- None Available
Banet Cheri L -- American Home Title
Banet Kaela M -- None Available
Dieken Johann -- None Available
Dieken Johann -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Walden Elisabeth A $118,915
Previous Owner Banet Cheri L $87,500
Previous Owner Banet Kaela M $72,000
Previous Owner Dieken Johann $89,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2021 09/15/21 Sold $220,500 +16.1% $133 / Sq Ft
08/29/2021 08/29/21 Pending -- -- --
08/25/2021 08/25/21 For Sale $189,900 -- $114 / 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 $4,913 $236,100 $37,200 $198,900
2023 $5,031 $233,900 $37,200 $196,700
2022 $4,388 $213,300 $37,200 $176,100
2021 $2,622 $127,400 $37,200 $90,200
2020 $2,354 $112,300 $27,900 $84,400
2019 $2,393 $113,800 $27,900 $85,900
2018 $2,335 $110,800 $27,900 $82,900
2017 $1,309 $115,200 $27,900 $87,300
2016 $1,299 $115,200 $27,900 $87,300
2014 $2,388 $112,700 $27,900 $84,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202135443

Indiana Regional MLS

APN: 53-09-01-206-012.000-016