NOT LISTED FOR SALE

4232 E Farr Rd Bloomington, IN 47408

Estimated Value: $625,000 - $747,000

5 Beds
4.5 Baths
5,117 Sq Ft
$138/Sq Ft Est. Value

Last Sold April 03, 2020

Last sale price $515,000 $101 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $4,075/month

35 Days on Market

Highlights

  • Primary Bedroom Suite
  • Ranch Style House
  • Stone Countertops
  • Marlin Elementary School Rated A
  • Great Room
  • Covered Patio or Porch

About This Home

As of April 2020

Beautiful Ranch over walkout basement has 5.74 acres. On the main level, you'll find a great room, equipped kitchen with breakfast island bar, dining area, three bedrooms, two full baths, a half bath and laundry room. The lower level is set up for activity including a family room theater area, recreational room with pool table, bar kitchen, bedroom, full bath and gym. The upper level has a bonus bedroom and full bath with plenty of storage. There is a 8x8 chicken coop house with a 24X24 fenced area. With nearly 6 acres located on the Northeast side of Monroe County, this location is ideal for Indy commuters wanting Bloomington lifestyle close to IU, Lake Lemon, Griffey Lake and so many more amenities not too far away! Geothermal HVAC provides low utility costs and stable temperatures throughout the house with little maintenance needed.

Last Agent to Sell the Property

Lori Todd

Choice Realty & Management Listed on: 02/01/2020

Last Buyer's Agent

Bayleigh Price

RE/MAX Acclaimed Properties

RE/MAX Acclaimed Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,960

Year Built

  • Built in 2012

Lot Details

  • 5.74 Acre Lot
  • Rural Setting
  • Level Lot

Parking

  • 2 Car Garage
  • Basement Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Shingle Roof
  • Asphalt Roof
  • Stone Exterior Construction
  • Cement Board or Planked

Interior Spaces

  • Built-In Features
  • Ceiling Fan
  • Great Room
  • Fire and Smoke Detector
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Stone Countertops
  • Built-In or Custom Kitchen Cabinets
  • Utility Sink

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathtub With Separate Shower Stall

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Geothermal Heating and Cooling
  • Septic System

Community Details

  • Northeast Monroe County Subdivision

Listing and Financial Details

  • Assessor Parcel Number 53-02-13-200-021.001-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,960

Year Built

Built in 2012

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2012
  • Style: One Story
  • Architectural Style: Ranch, Traditional
  • Bedrooms: 5
  • Total Bathrooms: 5
  • Total Full Bathrooms: 4
  • Total Number of Half Bathrooms: 1
  • Legal Description: PT E 1/2 NW 13-10-1 W - 5.74ac
  • Parcel Number ID: 53-02-13-200-021.001-017
  • Platted: Yes
  • Amenities: Breakfast Bar, Built-In Home Theatre, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Solid Surf, Countertops-Stone, Deck Open, Detector-Smoke, Eat-In Kitchen, Garage Door Opener, Patio Open, Porch Covered, Utility Sink, Stand Up Shower, Tub and Separate Shower, Tub/Shower Combination, Main Level Bedroom Suite, Great Room, Main Floor Laundry, Custom Cabinetry
  • Grid: Northeast Monroe County-B000
  • Location: Rural
  • Number Below Grade Bedrooms: 1
  • County Zoning: Other
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 5117
  • Total Finished Sq Ft: 5117
  • Above Grade Finished Sq Ft: 2660
  • Below Grade Finished Sq Ft: 2457
  • Basement: Yes
  • Basement Foundation: Finished, Full Basement, Walk-Out Basement
  • Basement Material: Block
  • Flooring: Carpet, Tile
  • Living Great Room: Dimensions: 18x16, On Level: Main
  • Kitchen: Dimensions: 29x14, On Level: Main
  • Breakfast Room: Dimensions: 18x10, On Level: Basement
  • Family Room: Dimensions: 28x18, On Level: Lower
  • Den: Dimensions: 12x10, On Level: Main
  • Recreation Room: Dimensions: 26x25, On Level: Lower
  • Bedroom 1: Dimensions: 12x10, On Level: Main
  • Bedroom 2: Dimensions: 12x10, On Level: Main
  • Bedroom 3: Dimensions: 15x15, On Level: Main
  • Bedroom 4: Dimensions: 16x13, On Level: Lower
  • Bedroom 5: Dimensions: 17x14, On Level: Upper
  • Other Room1: gym, Dimensions: 16x11, On Level: Lower
  • Other Room 2: foyer, Dimensions: 11x6
  • Main Level Sq Ft: 2264
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 2457

Exterior Features

  • Exterior: Stone, Cement Board
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: Barn, Dimensions: 6x4, 24

Garage/Parking

  • Driveway: Concrete, Gravel
  • Garage Type: Basement
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 23x25
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Geothermal
  • Sewer: Septic
  • Water Utilities: Public
  • Electric Company: REMC
  • Water Company: Washington Township Water
  • Hvac: Geothermal Hvac
  • Laundry: Dimensions: Mainx6, On Level: 7

Schools

  • Elementary School: Marlin

Lot Info

  • Lot Description: Level, 3-5.9999
  • Estimated Lot Sq Ft: 250034
  • Estimated Lot Size Acres: 5.74

Tax Info

  • Annual Taxes: 2959.64
  • Exemptions: Homestead, Mortgage

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
Feb 1, 2020
Closed on
Apr 3, 2020
Sold by
Covey Jeff and Covey Angela
Bought by
Downing Billy J and Downing Angela D
Seller's Agent
Lori Todd
Choice Realty & Management
Buyer's Agent
Bayleigh Price
RE/MAX Acclaimed Properties
List Price
$525,000
Sold Price
$515,000
Premium/Discount to List
-$10,000
-1.9%
Current Estimated Value
$706,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,904
Avg. Annual Appreciation
5.62%
Original Mortgage
$513,850
Outstanding Balance
$455,209
Interest Rate
3.4%
Mortgage Type
VA
Estimated Equity
$251,695

Purchase Details

Closed on
Mar 5, 2010
Sold by
Herbertz David J
Bought by
Covey Jeff and Covey Angela

Purchase Details

Closed on
Jul 10, 2008
Sold by
Herbertz David J
Bought by
Herbertz David J

Purchase Details

Closed on
Mar 7, 2007
Sold by
Herbertz David J
Bought by
Herbertz David J
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
Downing Billy J $515,000 Title Plus
Covey Jeff -- None Available
Herbertz David J -- None Available
Herbertz David J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Downing Billy J $513,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2020 04/03/20 Sold $515,000 -1.9% $101 / Sq Ft
02/01/2020 02/01/20 For Sale $525,000 -- $103 / 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 $4,551 $585,200 $66,500 $518,700
2023 $4,590 $588,200 $66,500 $521,700
2022 $4,194 $534,500 $59,900 $474,600
2021 $3,903 $490,300 $54,900 $435,400
2020 $3,764 $473,000 $49,900 $423,100
2019 $2,918 $345,300 $49,900 $295,400
2018 $2,995 $343,900 $49,900 $294,000
2017 $2,999 $342,300 $49,900 $292,400
2016 $3,478 $340,800 $49,900 $290,900
2014 $2,273 $333,600 $49,900 $283,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202003926

Indiana Regional MLS

APN: 53-02-13-200-021.001-017