NOT LISTED FOR SALE

412 E 2nd St Bloomington, IN 47401

Elm Heights Neighborhood

Estimated Value: $497,000 - $541,000

4 Beds
4 Baths
1,515 Sq Ft
$342/Sq Ft Est. Value

Sale Details

Date Sold: June 30, 2022

Last sale price $445,000 $294 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,504 / mo

About This Home

Location, location, location! This renovated 4 unit investment property located in the historic Vinegar Hill District adjacent to downtown Bloomington is only a few blocks from the Sample Gates, Law School , School of Optometry , and the Jacobs School of Music at Indiana University! This is a fantastic location for tenants to access both IU and downtown Bloomington. Currently leased year to year this property is also an excellent short term rental option if an owner wanted to increase revenue by using some or all of the units for AirBnb or VRBO. There are two 1bedroom units and two efficiency units. The units were remodeled w/AirBnb use in mind-they all can connect to another unit for great rental flexibility. Ample parking for residents and guests. Great location, revenue, and they are super easy to lease-what more could an investor want!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2022
Closed on
Jun 30, 2022
Sold by
Adkins Donald
Bought by
Cj Satellite Llc
Seller's Agent
Andy Walker
RE/MAX Acclaimed Properties
Buyer's Agent
Tim Ballard
Aligned Property Group
List Price
$449,900
Sold Price
$445,000
Premium/Discount to List
-$4,900
-1.09%
Current Estimated Value
$517,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,857
Avg. Annual Appreciation
3.99%

Purchase Details

Listed on
Mar 22, 2021
Closed on
Sep 30, 2021
Sold by
The Salon Chicago Llc
Bought by
Adkins Donald
List Price
$399,000
Sold Price
$404,000
Premium/Discount to List
$5,000
1.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.76%
Original Mortgage
$315,847
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 27, 2016
Closed on
Nov 30, 2016
Sold by
Islamic Center Of Bloomington Inc
Bought by
The Salon Chicago Llc
Seller's Agent
Vatche Khachatrian
Century 21 Scheetz - Bloomington
Buyer's Agent
Vatche Khachatrian
Century 21 Scheetz - Bloomington
List Price
$235,000
Sold Price
$188,000
Premium/Discount to List
-$47,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.12%

Purchase Details

Closed on
Mar 25, 2013
Sold by
First Financial Bank
Bought by
Islamic Center Of Bloomington Inc

Purchase Details

Closed on
Jun 22, 2012
Sold by
Muckerheide Scott E and Muckerheide Mary Ann
Bought by
First Financial Bank

Purchase Details

Closed on
Apr 29, 2005
Sold by
Booker Llc
Bought by
Muckerheide Scott E and Muckerheide Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,600
Interest Rate
6.06%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Cj Satellite Llc $445,000 John Bethel Title Company
Adkins Donald $404,000 None Available
The Salon Chicago Llc -- None Available
Islamic Center Of Bloomington Inc -- None Available
First Financial Bank -- None Available
Muckerheide Scott E -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Adkins Donald $315,847
Previous Owner Muckerheide Scott E $137,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2022 06/30/22 Sold $445,000 -1.1% $294 / Sq Ft View Prior Sale
05/26/2022 05/26/22 For Sale $449,900 +12.8% $297 / Sq Ft
10/06/2021 10/06/21 For Sale $399,000 -1.2% $263 / Sq Ft
10/01/2021 10/01/21 Sold $404,000 0.0% $267 / Sq Ft View Prior Sale
10/01/2021 10/01/21 Off Market $404,000 -- --
03/22/2021 03/22/21 For Sale $399,000 +112.2% $263 / Sq Ft
11/30/2016 11/30/16 Sold $188,000 -20.0% $124 / Sq Ft View Prior Sale
07/24/2016 07/24/16 Pending -- -- --
04/27/2016 04/27/16 For Sale $235,000 -- $155 / Sq Ft

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
2025 $8,907 $435,100 $177,500 $257,600
2024 $8,907 $435,100 $177,500 $257,600
2023 $2,956 $279,400 $78,100 $201,300
2022 $5,793 $286,100 $78,100 $208,000
2021 $4,104 $198,000 $78,100 $119,900
2020 $4,092 $198,000 $78,100 $119,900
2019 $3,772 $179,400 $78,100 $101,300
2018 $3,825 $181,500 $78,100 $103,400
2017 $3,835 $181,600 $78,100 $103,500
2016 $3,796 $182,900 $78,100 $104,800
2014 $3,800 $182,500 $78,100 $104,400
Source: Public Records

Agents Affiliated with this Home

  • Andy Walker

    Seller's Agent in 2022

    Andy Walker

    RE/MAX

    (812) 325-1290

    4 in this area

    258 Total Sales

    Andy Walker
    Section Image

  • T

    Buyer's Agent in 2022

    Tim Ballard

    Aligned Property Group

    (812) 325-1648

    1 in this area

    68 Total Sales

    Tim Ballard
    Section Image
  • Vatche Khachatrian

    Seller's Agent in 2016

    Vatche Khachatrian

    Century 21 Scheetz - Bloomington

    (812) 320-1670

    1 in this area

    38 Total Sales

    Vatche Khachatrian
    Section Image
See All Agents

Map

Indiana Monroe County Bloomington 47401 Elm Heights

412 E 2nd St, Bloomington, IN

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.