NOT LISTED FOR SALE

4500 E Falls Creek Dr Bloomington, IN 47401

Estimated Value: $525,000 - $726,000

5 Beds
3 Baths
2,565 Sq Ft
$255/Sq Ft Est. Value

Last Sold November 29, 2017

Last sale price $420,000 $164 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,852/month

152 Days on Market

Highlights

  • Primary Bedroom Suite
  • Traditional Architecture
  • Solid Surface Countertops
  • Binford Elementary School Rated A
  • Corner Lot
  • 2 Car Attached Garage

About This Home

As of November 2017

This newly constructed five bedroom, three bath home has over 1/3 acre corner lot in Cedar Springs subdivision on the east side of town. Built by Copper Creek Homes, you'll find quality detail throughout, beginning with the lighting and unique barn-style pocket door to the master suite tile and bedrooms completed with shelving organizers, laundry with built-in shelving and fabulous kitchen that will wow all your guests! Wood deck with privacy fence and landscaping gives nice outdoor living space. The commonly used entry from garage has a coat closet and built-in dropspot. The 5th bedroom has built-in bookcases which makes for a versatile bonus/gaming room. With master bedroom on the main level, this home offers a 2nd BR on the main level great for all generations and lifestyles. It's obvious to see the quality and extra details found in this home over the other standard construction. Seller is IN Licensed RE Broker.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,684

Year Built

  • Built in 2016

Lot Details

  • 0.38 Acre Lot
  • Corner Lot
  • Level Lot

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Stone Exterior Construction
  • Cement Board or Planked

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Basement

  • Block Basement Construction
  • Crawl Space

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 53-08-01-100-008.001-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,684

Year Built

Built in 2016

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2016
  • Age: 1
  • Style: Two Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 10
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Cedar Springs PH 1 Lot 1
  • Parcel Number ID: 53-08-01-100-008.001-008
  • Platted: Yes
  • Amenities: Closet(s) Walk-in, Countertops-Solid Surf, Main Level Bedroom Suite
  • Cross Street: SR 446
  • Grid: Southeast Monroe County-C000
  • New Construction: Spec
  • Sp Lp Percent: 98.82
  • Special Features: None

Interior Features

  • Total Sq Ft: 2565
  • Total Finished Sq Ft: 2565
  • Above Grade Finished Sq Ft: 2565
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Living Great Room: Dimensions: 18x20, On Level: Main
  • Kitchen: Dimensions: 10x20, On Level: Main
  • Dining Room: Dimensions: 10x14, On Level: Main
  • Den: Dimensions: 12x13, On Level: Main
  • Extra Room: Pocket Office, Dimensions: 8x13, On Level: Main
  • Bedroom 1: Dimensions: 15x16, On Level: Main
  • Bedroom 2: Dimensions: 11x13, On Level: Upper
  • Bedroom 3: Dimensions: 11x12, On Level: Upper
  • Bedroom 4: Dimensions: 12x13, On Level: Upper
  • Bedroom 5: Dimensions: 12x12, On Level: Main
  • Other Room1: Mud Room, Dimensions: 4x6, On Level: Main
  • Main Level Sq Ft: 1830
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Stone, Cement Board
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 22x22
  • Garage Sq Ft: 484

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: 6xMain, On Level: 11

Condo/Co-op/Association

  • Association Fees: 25
  • Association Fees Frequency: Monthly

Schools

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

Lot Info

  • Lot Description: Corner, Level
  • Estimated Lot Sq Ft: 16553
  • Estimated Lot Size Acres: 0.38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2017
Closed on
Nov 29, 2017
Sold by
Todd Member Lori A
Bought by
Victoria V Lee Trustee
List Price
$430,000
Sold Price
$420,000
Premium/Discount to List
-$10,000
-2.33%
Current Estimated Value
$653,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,431
Avg. Annual Appreciation
5.74%
Original Mortgage
$120,000
Outstanding Balance
$100,872
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$552,559

Purchase Details

Listed on
Jun 9, 2017
Closed on
Nov 27, 2017
Sold by
Ltrg1349 Llc
Bought by
Lee Victoria V and Victoria V Lee Revocable Trust
List Price
$430,000
Sold Price
$420,000
Premium/Discount to List
-$10,000
-2.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Outstanding Balance
$100,872
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$552,559

Purchase Details

Listed on
Jan 18, 2016
Closed on
May 13, 2016
Sold by
Chitwood Gregory C and Chitwood Mary Ann
Bought by
Ltrg1349 Llc
List Price
$79,900
Sold Price
$79,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
191.72%
Original Mortgage
$350,000
Interest Rate
3.58%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
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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
Victoria V Lee Trustee $420,000 --
Lee Victoria V -- None Available
Ltrg1349 Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Victoria V $120,000
Previous Owner Ltrg1349 Llc $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/29/2017 11/29/17 Sold $420,000 -2.3% $164 / Sq Ft
11/08/2017 11/08/17 Pending -- -- --
06/09/2017 06/09/17 For Sale $430,000 +438.2% $168 / Sq Ft
05/13/2016 05/13/16 Sold $79,900 0.0% $31 / Sq Ft View Prior Sale
05/06/2016 05/06/16 Pending -- -- --
01/18/2016 01/18/16 For Sale $79,900 -- $31 / 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 $4,684 $575,100 $89,000 $486,100
2023 $4,694 $574,900 $89,000 $485,900
2022 $4,385 $529,300 $89,000 $440,300
2021 $4,156 $491,600 $89,000 $402,600
2020 $4,154 $471,000 $84,000 $387,000
2019 $3,394 $448,900 $84,000 $364,900
2018 $3,323 $435,900 $84,000 $351,900
2017 $3,775 $441,100 $80,000 $361,100
2016 $27 $2,000 $2,000 $0
2014 $24 $1,800 $1,800 $0
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 201726039

Indiana Regional MLS

APN: 53-08-01-100-080.001-008