NOT LISTED FOR SALE

416 S Mitchell St Bloomington, IN 47401

Eastside Neighborhood

Estimated Value: $546,000 - $649,000

5 Beds
2 Baths
2,490 Sq Ft
$241/Sq Ft Est. Value

Last Sold June 14, 2018

Last sale price $469,500 $189 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,968/month

Highlights

  • Wood Flooring
  • Binford Elementary School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of March 2023

AVAILABLE AUGUST 2023!!! This 5 bedroom, 2 bath duplex features a beautiful shared back deck and yard for relaxing and entertaining. The home can be leased as an 8 bedroom 3 bath with 414 S Mitchell as a joined unit. Spacious shared parking lot could fit up to 8 cars.

Last Agent to Rent the Property

Kelly Jones

Partners Realty Group Listed on: 08/12/2022

Last Renter's Agent

Kelly Jones

Partners Realty Group Listed on: 08/12/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 7,405 Sq Ft Lot
  • Irregular Lot

Home Design

  • Duplex
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 2,490 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Unfinished Basement

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Schools

  • Rogers/Binford Elementary School
  • Jackson Creek Middle School
  • Bloomington South High School

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Security Deposit $4,000
  • Tenant pays for cable, cooling, electric, fuel, heating, sewer, water
  • The owner pays for lawn maintenance
  • $35 Application Fee
  • Assessor Parcel Number 53-08-03-203-036.000-009

Community Details

Overview

  • Elm Heights Subdivision

Pet Policy

  • Pet Deposit $300

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Lawn Maintenance
  • Tenant Pays: Cable, Cooling, Electric, Fuel, Heating, Sewer, Water
  • Application Fee: 35
  • Pet Fee: 300
  • Security Deposit: 4000

Listing Details

  • Class: RESIDENTIAL FOR LEASE
  • Property Sub Type: Duplex
  • Year Built: 1920
  • Style: Two Story
  • Architectural Style: Duplex
  • Bedrooms: 5
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 015-45410-00 Hunters Park Lot 10
  • Parcel Number ID: 53-08-03-203-036.000-009
  • Location: Near College Campus
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2490
  • Total Finished Sq Ft: 2490
  • Above Grade Finished Sq Ft: 2490
  • Basement Foundation: Unfinished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood Floors, Laminate, Tile
  • Living Great Room: Dimensions: 9x12, On Level: Main
  • Bedroom 1: Dimensions: 8x8, On Level: Main
  • Bedroom 2: Dimensions: 9x8, On Level: Main
  • Bedroom 3: Dimensions: 10x8, On Level: Upper
  • Bedroom 4: Dimensions: 8x10, On Level: Upper
  • Bedroom 5: Dimensions: 8x8, On Level: Upper
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Roof Material: Shingle
  • Outbuilding1: None
  • Outbuilding2: None

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

  • Elementary School: Rogers/Binford

Lot Info

  • Lot Description: Irregular
  • Estimated Lot Sq Ft: 7405
  • Estimated Lot Size Acres: 0.17

MLS Schools

  • High School: Bloomington South
  • Middle School: Jackson Creek
  • School District: Monroe County Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2018
Closed on
Jun 15, 2018
Sold by
Tarter Gary A
Bought by
President Morton Rubin
Seller's Agent
Frank Kerker
812RealEstate.com
Buyer's Agent
Avery Thatcher
Thatcher Real Estate
List Price
$482,900
Sold Price
$469,500
Premium/Discount to List
-$13,400
-2.77%
Current Estimated Value
$599,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,949
Avg. Annual Appreciation
3.31%

Purchase Details

Closed on
Feb 9, 2015
Sold by
Tarter Gary A and Tarter Gary H
Bought by
Tarter Gary A and Tarter Gary H

Purchase Details

Closed on
Oct 2, 2009
Sold by
Fierst Rentals Llc
Bought by
Tarter Gary A and Tarter Gary H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.19%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
President Morton Rubin $469,500 --
College Rentals Inc $469,500 John Bethell Title Company Inc
Tarter Gary A -- None Available
Tarter Gary A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tarter Gary A $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/06/2023 03/06/23 Rented $4,000 0.0% --
08/12/2022 08/12/22 For Rent $4,000 +14.3% --
12/28/2021 12/28/21 Rented $3,500 0.0% --
09/22/2021 09/22/21 For Rent $3,500 0.0% --
06/14/2018 06/14/18 Sold $469,500 -2.8% $189 / Sq Ft View Prior Sale
05/17/2018 05/17/18 For Sale $482,900 -- $194 / 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 $9,779 $477,700 $112,700 $365,000
2023 $6,234 $589,200 $112,700 $476,500
2022 $10,650 $526,000 $98,000 $428,000
2021 $9,721 $469,000 $92,100 $376,900
2020 $9,365 $453,100 $88,200 $364,900
2019 $9,929 $472,200 $68,600 $403,600
2018 $10,885 $516,500 $55,400 $461,100
2017 $10,285 $487,000 $55,400 $431,600
2016 $9,326 $449,300 $55,400 $393,900
2014 $5,874 $282,100 $61,000 $221,100
2013 $5,874 $291,400 $61,000 $230,400
Source: Public Records

Agents Affiliated with this Home

  • Kelly Jones

    Landlord's Agent in 2023

    Kelly Jones

    Partners Realty Group

    (812) 606-6939

    4 in this area

    95 Total Sales

    Kelly Jones
    Section Image
  • Frank Kerker

    Seller's Agent in 2018

    Frank Kerker

    812RealEstate.com

    (812) 360-9088

    40 Total Sales

    Frank Kerker
    Section Image
  • Avery Thatcher

    Buyer's Agent in 2018

    Avery Thatcher

    Thatcher Real Estate

    (812) 219-8960

    29 Total Sales

    Avery Thatcher
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202233631

Indiana Regional MLS

APN: 53-08-03-203-036.000-009

Indiana Monroe County Bloomington 47401 Eastside

416 S Mitchell St, Bloomington, IN

Not Listed for Sale

MultiFamily

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