Seller's Agent in 2020
Rebekah Sims
Century 21 Scheetz - Bloomington
(812) 385-6302
1 in this area
104 Total Sales
431 S Madison St Bloomington, IN 47403
Prospect Hill NeighborhoodEstimated Value: $324,225 - $400,000
2
Beds
2
Baths
1,286
Sq Ft
$164/mo
HOA Fee
Highlights
- Open Floorplan
- Backs to Open Ground
- Wood Flooring
- Tri-North Middle School Rated A
- Cathedral Ceiling
- 2-minute walk to B-Line Trail
About This Home
As of December 2020Enjoy easy living at this Madison Park condo! This spacious 2 bed/2 full bath offers cathedral ceilings, plenty of closets for storage, a large loft space, 2 separate unfinished storage rooms, and a back deck conveniently located off the kitchen. With updated finishes throughout (all complete within the last 4 years), this gorgeous condo is move-in ready. New cork flooring and vanities have been installed in both bathrooms. New kitchen cabinets with quartz countertops. New solid wood bamboo flooring throughout. Located right on the B-line, minutes from Indiana University and close to the new Switchyard Park! This home comes with one designated assigned parking spot along with ample guest parking.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,857
Year Built
- Built in 1991
Lot Details
- 653
HOA Fees
- $164 Monthly HOA Fees
Parking
- Off-Street Parking
Home Design
- Vinyl Construction Material
Interior Spaces
- 1,286 Sq Ft Home
- 1.5-Story Property
- Open Floorplan
- Cathedral Ceiling
- Ceiling Fan
Kitchen
- Eat-In Kitchen
- Solid Surface Countertops
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Schools
- Fairview Elementary School
- Tri-North Middle School
- Bloomington North High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Cable TV Available
Additional Features
- Balcony
- Backs to Open Ground
Community Details
- $27 Other Monthly Fees
Listing and Financial Details
- Assessor Parcel Number 53-01-53-698-018.000-009
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 1, 2020
Closed on
Dec 11, 2020
Sold by
Wasky Theodore R and Wasky Mary E
Bought by
Weigel David J and Weigel Linda M
Seller's Agent
Rebekah Sims
Century 21 Scheetz - Bloomington
List Price
$239,000
Sold Price
$225,000
Premium/Discount to List
-$14,000
-5.86%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,871
Avg. Annual Appreciation
7.93%
Original Mortgage
$180,000
Outstanding Balance
$161,629
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$159,648
Purchase Details
Listed on
Jun 17, 2016
Closed on
Jul 22, 2016
Sold by
Sims Chris and Sims Stephanie
Bought by
Wasky Theodore R and Wasky Mary E
List Price
$189,900
Sold Price
$190,000
Premium/Discount to List
$100
0.05%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.92%
Original Mortgage
$142,500
Interest Rate
3.54%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 8, 2011
Sold by
Fish Joseph A and Won Hannah L
Bought by
Sims Chris and Sims Stephanie
Purchase Details
Closed on
Jun 18, 2007
Sold by
Backhus Debera
Bought by
Fish Joseph A and Won Hannah L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Weigel David J | -- | None Available | |
| Wasky Theodore R | -- | None Available | |
| Sims Chris | -- | None Available | |
| Fish Joseph A | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Weigel David J | $180,000 | |
| Previous Owner | Wasky Theodore R | $142,500 | |
| Previous Owner | Fish Joseph A | $107,200 | |
| Previous Owner | Fish Joseph A | $104,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/14/2020 12/14/20 | Sold | $225,000 | -5.9% | $175 / Sq Ft |
| 12/08/2020 12/08/20 | Pending | -- | -- | -- |
| 10/01/2020 10/01/20 | For Sale | $239,000 | +25.8% | $186 / Sq Ft |
| 07/22/2016 07/22/16 | Sold | $190,000 | +0.1% | $148 / Sq Ft |
| 06/17/2016 06/17/16 | Pending | -- | -- | -- |
| 06/17/2016 06/17/16 | For Sale | $189,900 | -- | $148 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $5,415 | $264,500 | $0 | $264,500 |
| 2023 | $5,597 | $264,500 | $0 | $264,500 |
| 2022 | $4,596 | $230,000 | $0 | $230,000 |
| 2021 | $4,249 | $205,000 | $0 | $205,000 |
| 2020 | $1,883 | $195,000 | $0 | $195,000 |
| 2019 | $1,857 | $190,000 | $0 | $190,000 |
| 2018 | $1,738 | $180,000 | $0 | $180,000 |
| 2017 | $1,471 | $160,000 | $0 | $160,000 |
| 2016 | $1,438 | $160,000 | $0 | $160,000 |
| 2014 | $3,019 | $145,000 | $0 | $145,000 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Indiana Regional MLS
MLS Number: 202039678
APN: 53-01-53-698-018.000-009
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