NOT LISTED FOR SALE

401 W Clear Creek Dr Bloomington, IN 47403

Estimated Value: $347,015 - $423,000

8 Beds
3 Baths
4,035 Sq Ft
$93/Sq Ft Est. Value

Last Sold February 24, 2020

Last sale price $225,000 $56 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,306/month

72 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Bloomington High School South Rated A
  • Carpet

About This Home

As of February 2020

Great income producing Triplex! Located across from the Clear Creek Elementary School. 2 units are 3 bedroom, 1 bath units and one unit is 2 bedroom, 1 bath.

Last Agent to Sell the Property

Amy Kopp

RE/MAX Acclaimed Properties Listed on: 11/04/2019

RE/MAX Acclaimed Properties

Last Buyer's Agent

Chris Clark

Century 21 Scheetz - Bloomington

Century 21 Scheetz - Bloomington

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,978

Year Built

  • Built in 1930

Lot Details

  • 8,712

Home Design

  • Triplex
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Block Basement Construction

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Parking

  • 5 Parking Spaces
  • Gravel Driveway
  • Parking Lot
  • Off-Street Parking

Schools

  • Clear Creek Elementary School
  • Batchelor Middle School
  • Bloomington South High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • 8,712 Sq Ft Lot
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for lawn maintenance, maintenance, water
  • Assessor Parcel Number 53-08-20-402-008.000-008

Community Details

Overview

  • 3 Units
  • Southwest Monroe County Subdivision

Pet Policy

  • Pet Restriction

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,298
  • Maintenance Expense $3,600
  • Water Sewer Expense $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,978

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1930
  • Age: 90
  • Style: Two Story
  • Bedrooms: 8
  • Number Above Grade Bedrooms: 8
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Clear View Lot 11
  • Parcel Number ID: 53-08-20-402-008.000-008
  • Platted: Yes
  • Amenities: Off Street Parking, Deck Open
  • Location: City/Town/Suburb
  • Sp Lp Percent: 90.04
  • Monthly Gross Income: 2550
  • Year Taxes Payable: 2019
  • Special Features: None

Interior Features

  • Total Sq Ft: 4899
  • Total Finished Sq Ft: 4035
  • Above Grade Finished Sq Ft: 4035
  • Below Grade Sq Ft: 864
  • Price Per Sq Ft: 55.76
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Main Level Sq Ft: 1940
  • Total Below Grade Sq Ft: 864
  • Number Of Disposals: 3
  • Number Of Ranges Ovens: 3

Exterior Features

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

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 5
  • Parking: Gravel, Lot

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: Public
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Annual Insurance Expense: 2298
  • Annual Maintenance Expense: 3600
  • Annual Water Sewer Expense: 1000
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Number Of W D Hookups: 3
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2
  • Lot Number: 11

Rental Info

  • Lease Term: Renewal Options
  • Owner Pays: Lawn Maintenance, Maintenance, Water
  • Tenant Pays: Electric, Fuel

Multi Family

  • Gross Monthly Rent: 2550
  • Number Of Dishwashers: 3
  • Number Of Dryers: 3
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Number Of Washers: 3
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1978

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

Closed on
Dec 15, 2020
Sold by
Tesoro Investments Llc
Bought by
Tesoro Property Group Llc
Current Estimated Value
$376,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Outstanding Balance
$206,155
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$169,849

Purchase Details

Listed on
Nov 4, 2019
Closed on
Mar 3, 2020
Sold by
Wright Pamela Jean
Bought by
Wright Robert Jamest and The Robert James Wright Living Trust
Seller's Agent
Amy Kopp
RE/MAX Acclaimed Properties
Buyer's Agent
Chris Clark
Century 21 Scheetz - Bloomington
List Price
$249,900
Sold Price
$225,000
Premium/Discount to List
-$24,900
-9.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.57%
Original Mortgage
$168,750
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Nov 4, 2019
Closed on
Feb 24, 2020
Sold by
Wright Robert James
Bought by
Tesoro Investments Llc
Seller's Agent
Amy Kopp
RE/MAX Acclaimed Properties
Buyer's Agent
Chris Clark
Century 21 Scheetz - Bloomington
List Price
$249,900
Sold Price
$225,000
Premium/Discount to List
-$24,900
-9.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 18, 2017
Sold by
Wright Robert J
Bought by
Wright Robert James and Wright Pamela Jean

Purchase Details

Closed on
Aug 11, 2017
Sold by
Wright Pamela J
Bought by
Wright Robert J
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
Tesoro Property Group Llc -- None Available
Wright Robert Jamest -- None Available
Tesoro Investments Llc $225,000 John Bethell Title Company
Wright Robert James -- None Available
Wright Robert J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tesoro Property Group Llc $284,000
Previous Owner Tesoro Investments Llc $168,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2020 02/24/20 Sold $225,000 -10.0% $56 / Sq Ft
11/04/2019 11/04/19 For Sale $249,900 -- $62 / 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 $4,006 $274,000 $19,800 $254,200
2023 $2,072 $271,200 $19,800 $251,400
2022 $3,564 $246,000 $19,800 $226,200
2021 $3,390 $226,200 $19,800 $206,400
2020 $3,611 $229,000 $19,800 $209,200
2019 $1,998 $146,300 $19,800 $126,500
2018 $2,013 $146,000 $19,800 $126,200
2017 $1,997 $144,700 $19,800 $124,900
2016 $1,962 $144,700 $19,800 $124,900
2014 $1,975 $148,000 $19,800 $128,200
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Amy Kopp

    RE/MAX

    (812) 272-3000

    158 Total Sales

    Amy Kopp
    Section Image
  • Chris Clark

    Buyer's Agent in 2020

    Chris Clark

    Century 21 Scheetz - Bloomington

    (812) 322-1871

    59 Total Sales

    Chris Clark
    Section Image
  • Rebekah Sims

    Buyer Co-Listing Agent in 2020

    Rebekah Sims

    Century 21 Scheetz - Bloomington

    (812) 385-6302

    110 Total Sales

    Rebekah Sims
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201948441

Indiana Regional MLS

APN: 53-08-20-402-008.000-008

Indiana Monroe County Bloomington 47403

401 W Clear Creek Dr, Bloomington, IN

This home is located at 401 W Clear Creek Dr, Bloomington, IN 47403 since 04 November 2019 and is currently estimated at $376,004, approximately $93 per square foot. This property was built in 1930. 401 W Clear Creek Dr is a home located in Monroe County with nearby schools including Clear Creek 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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