NOT LISTED FOR SALE

424 W Northlane Dr Bloomington, IN 47404

3 Beds
22.5 Baths
1,550 Sq Ft
871 Sq Ft Lot

Last Sold October 08, 2013

Last sale price $604,000 $390 Per Sq Ft

462 Days on Market

Highlights

  • Lake Property
  • Forced Air Heating and Cooling System
  • Level Lot
  • Tri-North Middle School Rated A
  • Partially Carpeted

About This Home

As of October 2013

This listing represents 11 Northlane condo units that we are selling for one seller, you can buy one or buy them all. Each condo is being sold for $85,000 each. There is an attachment to this listing info that lists all the units we have for sale and the list includes all the tax i.d. #s, property addresses and legal descriptions for each individual unit. The infomation on this one listing sheet is the same for all the units. Close to the I.U. campus with a great rental history. These Townhouse condo's are close to all Indiana University ameneties. These condo's have 3 BR, 2 1/2 BA that contains 1560 SF and are rented for $895 per month and the tenants pay for all utilities. The owners pays $65 per month HOA fees per unit and the insurance cost $500.58 per unit per year for the common area insurance policy. All appliances stay, and these unit are all electric. This would be a great property to add to your investment portfolio. 3 parking permits will pass to new buyer for each unit.

Last Agent to Sell the Property

Rod Figg

Figg Real Estate Listed on: 07/03/2012

Last Buyer's Agent

NEIAR NonMember

NonMember NEIAR

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,848

Year Built

  • Built in 1989

Lot Details

  • 871

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Insulated Windows
  • Partially Carpeted
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 3 Parking Spaces
  • Paved Parking

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Lake Property
  • Level Lot

Listing and Financial Details

  • Tenant pays for cable, electric, water
  • The owner pays for association dues, building insurance, lawn maintenance, parking, snow removal, trash collection
  • Assessor Parcel Number 53-01-30-688-018.000-005

Community Details

Overview

  • 11 Units
  • Northlane Subdivision

Pet Policy

  • Pet Restriction

Building Details

  • Insurance Expense $800
  • Maintenance Expense $780

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,848

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1989
  • Age: 24
  • Style: Two Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 23
  • Total Full Bathrooms: 22
  • Total Number of Half Bathrooms: 1
  • Legal Description: Northlane, Phase II, Bldg C, Unit 13 and see attached list of all 11 address's and tax id #'s and le |
  • Parcel Number ID: 53-01-30-688-018.000-005
  • Platted: Yes
  • Amenities: Water Heater Electric
  • Cross Street: Kinser Pike
  • Location: Lake, Near College Campus
  • Sp Lp Percent: 64.6
  • Zoning Description: RM-Residential Multifamily
  • Monthly Gross Income: 850
  • Year Taxes Payable: 2011/2012
  • Special Features: Auction

Interior Features

  • Total Sq Ft: 1550
  • Total Finished Sq Ft: 1550
  • Above Grade Finished Sq Ft: 1550
  • Price Per Sq Ft: 389.68
  • Basement Foundation: Crawl
  • Flooring: Part Carpet
  • Main Level Sq Ft: 850
  • Number Of Disposals: 1
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Asphalt, Shingle
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 3
  • Parking: Paved

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electricity, Forced Air
  • Water Utilities: Public
  • Annual Insurance Expense: 800
  • Annual Maintenance Expense: 780
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: condo's

Green Features

  • Energy Efficient Windows/Doors: Insulated Glass Windows

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Association Dues, Building Insurance, Lawn Maintenance, Parking, Snow Removal, Trash Collection
  • Tenant Pays: Cable, Electric, Water

Multi Family

  • Gross Monthly Rent: 850
  • Number Of Dishwashers: 1
  • Number Of Dryers: 1
  • Number Of Refrigerators: 1
  • Number Of Units: 11
  • Number Of Washers: 1
  • Number Of 3 Bedrooms: 1

Tax Info

  • Annual Property Tax: 1848.34

MLS Schools

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

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2013 10/08/13 Sold $604,000 -66.4% $390 / Sq Ft
10/08/2013 10/08/13 Pending -- -- --
07/03/2012 07/03/12 For Sale $1,800,000 -- $1,161 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Rod Figg

    Figg Real Estate

  • N

    Buyer's Agent in 2013

    NEIAR NonMember

    NonMember NEIAR

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 445420

Indiana Regional MLS

APN: 53-01-30-688-500.000-005

Indiana Monroe County Bloomington 47404

424 W Northlane Dr, Bloomington, IN

This home is located at 424 W Northlane Dr, Bloomington, IN 47404 since 03 July 2012. This property was built in 1989. 424 W Northlane Dr is a home located in Monroe County with nearby schools including Arlington Heights Elementary School, Tri-North Middle School, and Bloomington High School North.

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.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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