NOT LISTED FOR SALE

409 E 16th St Bloomington, IN 47408

Estimated Value: $345,028 - $396,000

4 Beds
2 Baths
1,381 Sq Ft
$271/Sq Ft Est. Value

Last Sold May 10, 2012

Last sale price $185,000 $134 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $2,554/month

5 Days on Market

Highlights

  • Wood Flooring
  • Covered patio or porch
  • Bathtub with Shower
  • University Elementary School Rated A
  • Walk-In Closet
  • Forced Air Heating System

About This Home

As of May 2012

This house has all you want for a great investment opportunity. It has location, an occupancy permit for four good until 2016, and a great rental history. Presently rented for $1450 per month there are four bedrooms and two full baths. This property has not reached its full income potential. Roof, furnace and water heater are all in good shape. Located a block and a half from the I. U. Stadium, and near a bus stop, you will have no problem renting this one. Call now for showing Must Give 24 Hr notice to show.

Last Agent to Sell the Property

Alan Dick

FC Tucker/Bloomington REALTORS Listed on: 03/12/2012

Last Buyer's Agent

Matt Carter

Mackie Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,146

Year Built

  • Built in 1927

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 52 x 120
  • Zoning described as RH-Res High-Dens Multifamily

Parking

  • Garage

Interior Spaces

  • 1.5-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

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

Basement

  • Walk-Out Basement
  • Stone or Rock in Basement

Outdoor Features

  • Covered patio or porch

Schools

  • University Elementary School
  • Tri-North Middle School
  • Bloomington North High School

Utilities

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

Community Details

  • Northeast Bloomington City Subdivision

Listing and Financial Details

  • Assessor Parcel Number 53-05-33-201-021.0

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,146

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1927
  • Age: 85
  • Style: One and Half Story
  • Total Number of Rooms: 7
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Legal Description: Northview Lot 17 |
  • Parcel Number ID: 53-05-33-201-021.0
  • Platted: Yes
  • Amenities: Closet(s) Walk-in, Porch Covered, Tub/Shower Combination
  • Location: Near College Campus
  • Zoning Description: RH-Res High-Dens Multifamily
  • Year Taxes Payable: 2010/2011
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1966
  • Total Finished Sq Ft: 1381
  • Above Grade Finished Sq Ft: 1381
  • Below Grade Sq Ft: 585
  • Price Per Sq Ft: 133.96
  • Basement Foundation: Walk-Out Basement
  • Basement Material: Stone
  • Flooring: Hardwood Floors
  • Living Great Room: Dimensions: 13x23, On Level: Main
  • Kitchen: Dimensions: 10x12, On Level: Main
  • Breakfast Room: Dimensions: 5x11, On Level: Main
  • Bedroom 2: Dimensions: 11x13, On Level: Main
  • Bedroom 3: Dimensions: 10x12, On Level: Main
  • Bedroom 4: Dimensions: 8x17, On Level: Upper
  • Bedroom 5: Dimensions: 11x11, On Level: Upper
  • Main Level Sq Ft: 1381
  • Total Below Grade Sq Ft: 585

Garage/Parking

  • Garage Sq Ft: 585
  • Garage: Yes

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: Monroe County Community School Corp.
  • Elementary School: University
  • Middle School: Tri-North
  • High School: Bloomington North
  • Elementary School: University

Lot Info

  • Lot Dimensions: 52 x 120
  • Estimated Lot Size Acres: 0.14

Tax Info

  • Annual Taxes: 3146

MLS Schools

  • High School: Bloomington North
  • Middle School: Tri-North
  • School District: Monroe County Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2012
Closed on
May 10, 2012
Sold by
Mills Thomas C
Bought by
C J Satellite Llc
Seller's Agent
Alan Dick
FC Tucker/Bloomington REALTORS
Buyer's Agent
Matt Carter
Mackie Properties
List Price
$189,900
Sold Price
$185,000
Premium/Discount to List
-$4,900
-2.58%
Current Estimated Value
$374,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,757
Original Mortgage
$148,000
Interest Rate
3.89%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 1, 2012
Sold by
Mills Jeffrey B
Bought by
Mills Thomas C
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
C J Satellite Llc -- None Available
Mills Thomas C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed C J Satellite Llc $148,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2012 05/10/12 Sold $185,000 -2.6% $134 / Sq Ft
03/17/2012 03/17/12 Pending -- -- --
03/12/2012 03/12/12 For Sale $189,900 -- $138 / 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 $5,804 $282,900 $77,900 $205,000
2023 $2,869 $270,500 $74,900 $195,600
2022 $5,286 $260,500 $74,900 $185,600
2021 $4,471 $215,200 $49,900 $165,300
2020 $4,282 $207,500 $44,900 $162,600
2019 $4,279 $203,400 $44,900 $158,500
2018 $4,204 $199,300 $44,900 $154,400
2017 $4,157 $196,700 $35,900 $160,800
2016 $4,117 $198,100 $35,900 $162,200
2014 $3,704 $177,600 $35,900 $141,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 446275

Indiana Regional MLS

APN: 53-05-33-201-021.000-005