NOT LISTED FOR SALE

4028 E Paddock Ridge Bloomington, IN 47408

Estimated Value: $686,000 - $690,001

4 Beds
4 Baths
4,648 Sq Ft
$148/Sq Ft Est. Value

Last Sold August 03, 2012

Last sale price $323,100 $70 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $3,919/month

169 Days on Market

Highlights

  • Basketball Court
  • 11 Acre Lot
  • Partially Wooded Lot
  • Unionville Elementary School Rated A
  • Lake Property
  • 2 Fireplaces

About This Home

As of August 2012

Where else could you find a nice home on 11 acres this close to Bloomington with this much square footage? This home offers three bedrooms on the main floor, one being a large master suite. The master is on the opposite side of the house from the other two bedrooms and full bathroom. The laundry room is extra large and can serve as a mud room as well with it's location being right in from the garage. There is a quaint sitting room with a nice stone fireplace, as well as a office/study at the front of the home, with the great room/family room open to the kitchen and breakfast nook and all overlooking the backyard with its extra large deck that steps down to the pool. The upper level has a nice size bonus room, as well as a large bedroom and extra large closet. Then as you go down to the basement you will find a large, open room that has a bar great for entertainment. Just off the recreation room is the second study, unfinished exercise room and a large amount of storage! All this and we

Last Agent to Sell the Property

Cathy Arnett

Stafford Real Estate Listed on: 01/10/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,660

Year Built

  • Built in 2004

Lot Details

  • 11 Acre Lot
  • Cul-De-Sac
  • Property has an invisible fence for dogs
  • Partially Wooded Lot
  • Zoning described as SR-Suburban Residential

Home Design

  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Wet Bar
  • 2 Fireplaces
  • Gas Log Fireplace
  • Insulated Windows

Kitchen

  • Eat-In Kitchen
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathtub with Shower

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Lake Property
  • Lake, Pond or Stream
  • Basketball Court
  • Covered Patio or Porch
  • Outbuilding

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Propane
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 53-05-01-101-005.000-004

Community Details

Amenities

  • Community Fire Pit

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,660

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2004
  • Style: One and Half Story
  • Bedrooms: 4
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 2
  • Legal Description: Siffin Lot 5 & 6
  • Parcel Number ID: 53-05-01-101-005.000-004
  • Platted: Yes
  • Amenities: Closet(s) Walk-in, Court-Basketball, Deck Open, Disposal, Eat-In Kitchen, Firepit, Garage Door Opener, Kitchen Island, Porch Covered, Wet Bar, Tub/Shower Combination
  • Location: Lake
  • Zoning Description: SR-Suburban Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 5914
  • Total Finished Sq Ft: 4648
  • Above Grade Finished Sq Ft: 3363
  • Below Grade Finished Sq Ft: 1285
  • Below Grade Sq Ft: 1266
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 2
  • Fireplace: Gas Log
  • Living Great Room: Dimensions: 13x15, On Level: Main
  • Kitchen: Dimensions: 12x12, On Level: Main
  • Breakfast Room: Dimensions: 9x10, On Level: Main
  • Den: Dimensions: 10x11, On Level: Main
  • Recreation Room: Dimensions: 21x45, On Level: Lower
  • Bedroom 1: Dimensions: 12x17, On Level: Main
  • Bedroom 2: Dimensions: 17x22, On Level: Upper
  • Bedroom 3: Dimensions: 10x12, On Level: Main
  • Bedroom 4: Dimensions: 11x15, On Level: Main
  • Main Level Sq Ft: 4648
  • Total Below Grade Sq Ft: 2551

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: Outbuilding
  • Fence: Invisible

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2

Utilities

  • Cooling: Central Air, Wall AC
  • Heating Fuel: Gas, Propane, Forced Air
  • Sewer: Septic
  • Laundry: Dimensions: 7xMain, On Level: 12
  • Water Type: Pond

Condo/Co-op/Association

  • Common Amenities: Swimming Pool

Lot Info

  • Lot Description: Cul-De-Sac, Partially Wooded
  • Estimated Lot Size Acres: 11

Green Features

  • Energy Efficient Windows/Doors: Insulated Glass Windows

Tax Info

  • Annual Taxes: 3660.14
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2012
Closed on
Aug 3, 2012
Sold by
Perry Joseph W and Perry Lisa A
Bought by
Reed Robert Matthew and Reed Heather Marie
Seller's Agent
Cathy Arnett
Stafford Real Estate
List Price
$359,900
Sold Price
$323,100
Premium/Discount to List
-$36,800
-10.23%
Current Estimated Value
$688,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$365,234
Avg. Annual Appreciation
5.79%
Original Mortgage
$306,945
Outstanding Balance
$212,437
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$475,897
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
Reed Robert Matthew -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Robert Matthew $306,945
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2012 08/03/12 Sold $323,100 -10.2% $70 / Sq Ft
06/27/2012 06/27/12 Pending -- -- --
01/10/2012 01/10/12 For Sale $359,900 -- $77 / 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 $3,844 $473,700 $47,900 $425,800
2023 $3,883 $458,000 $46,000 $412,000
2022 $3,693 $427,900 $40,300 $387,600
2021 $3,007 $344,500 $34,500 $310,000
2020 $2,961 $327,800 $34,500 $293,300
2019 $2,739 $314,400 $24,500 $289,900
2018 $2,874 $317,400 $24,500 $292,900
2017 $2,832 $311,200 $19,500 $291,700
2016 $2,933 $289,400 $19,500 $269,900
2014 $2,293 $288,600 $19,500 $269,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 404985

Indiana Regional MLS

APN: 53-05-01-101-005.000-004