NOT LISTED FOR SALE

405 E Southern Dr Bloomington, IN 47401

Estimated Value: $211,904 - $262,000

2 Beds
1 Bath
960 Sq Ft
$243/Sq Ft Est. Value

Last Sold December 19, 2022

Last sale price $175,000 $182 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,469/month

10 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Forced Air Heating System
  • Jackson Creek Middle School Rated A

About This Home

As of December 2022

Great investment opportunity-property zoned residential multi-family just south of IU and downtown Bloomington! This 2 bedroom home has a very large backyard that backs up to an alley. There is potential to add on to the existing home or build a new structure. The existing house features: a covered front porch; back patio that overlooks a fenced backyard; living room, dining room/study, kitchen and full bath on the main level; and 2 bedrooms upstairs. Gas furnace stove was installed about 8 years ago. Located on the southern end of town, near restaurants, parks and schools. Currently leased through July, 2023.

Last Agent to Sell the Property

Laura Stevens

The Indiana Team LLC Listed on: 11/01/2022

Last Buyer's Agent

IUO Non-BLC Member

Non-BLC Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,276

Year Built

  • Built in 1925

Lot Details

  • 6,098 Sq Ft Lot
  • Irregular Lot

Home Design

  • Aluminum Siding

Interior Spaces

  • 960 Sq Ft Home
  • 1.5-Story Property
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Crawl Space
  • Gas Oven

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 530809201024000009

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,276

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1925
  • Building Area Total: 960
  • Garage Y N: No
  • Lot Size Acres: 0.14
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: LeadBasePaint
  • Transaction Type: Sale
  • MBR_AttributionContact: Laura@TheIndianaTeam.com
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Appliances: Dryer, Gas Oven, Refrigerator, Washer
  • Levels: One and One Half
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors
  • Other Equipment: Not Applicable
  • Eating Area: Separate Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 960
  • Main Level Sq Ft: 960
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • Foundation Details: Crawl Space
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio,Covered Porch

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: None

Utilities

  • Sewer: Sewer Connected
  • Cooling: Window Unit(s)
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 530809201024000009
  • Acres: <1/4 Acre
  • Lot Information: Irregular
  • Lot Number: 203
  • Lot Size: 6,098

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2276
  • Semi Annual Property Tax Amt: 1138
  • Tax Exemption: None

MLS Schools

  • School District: Monroe County Community
  • Schools: Jackson Creek Middle School,Templeton Elementary,Bloomington South High

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2019
Sold by
Ganesh Properties Llc
Bought by
Ganesh Properties A Llc
Current Estimated Value
$233,476
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Ganesh Properties A Llc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2022 12/19/22 Sold $175,000 -5.4% $182 / Sq Ft
11/11/2022 11/11/22 Pending -- -- --
11/01/2022 11/01/22 For Sale $185,000 -- $193 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $2,973 $135,400 $55,500 $79,900
2023 $1,423 $134,500 $55,500 $79,000
2022 $2,458 $121,400 $50,500 $70,900
2021 $2,276 $109,800 $45,400 $64,400
2020 $2,181 $105,500 $45,400 $60,100
2019 $1,781 $84,700 $28,300 $56,400
2018 $1,745 $82,800 $28,300 $54,500
2017 $1,747 $82,700 $28,300 $54,400
2016 $1,692 $81,500 $28,300 $53,200
2014 $1,541 $74,000 $28,300 $45,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21891294

MIBOR Broker Listing Cooperative®

APN: 53-08-09-201-024.000-009