NOT LISTED FOR SALE

4570 E Falls Creek Dr Bloomington, IN 47401

Estimated Value: $621,510 - $746,000

4 Beds
3 Baths
2,769 Sq Ft
$241/Sq Ft Est. Value

Last Sold December 06, 2016

Last sale price $473,463 $171 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,913/month

285 Days on Market

Highlights

  • Custom Home
  • Partially Wooded Lot
  • 1-Story Property
  • Binford Elementary School Rated A
  • 3 Car Attached Garage
  • Forced Air Heating System

About This Home

As of December 2016

Custom home built with beautiful upgraded finishes.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,794

Year Built

  • Built in 2016

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 115x78
  • Partially Wooded Lot

Parking

  • 3 Car Attached Garage

Home Design

  • Custom Home
  • Brick Exterior Construction

Interior Spaces

  • 2,769 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 53-08-01-100-080.006-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,794

Year Built

Built in 2016

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2016
  • Style: One Story
  • Total Number of Rooms: 12
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: 014-05770-06 Cedar Springs PH1 Lot 6 Amendment 1
  • Parcel Number ID: 53-08-01-100-080.006-008
  • Platted: Yes
  • New Construction: Custom
  • Sp Lp Percent: 100
  • Special Features: None

Interior Features

  • Total Sq Ft: 2769
  • Total Finished Sq Ft: 2769
  • Above Grade Finished Sq Ft: 2769
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 1
  • Fireplace: Gas Log
  • Bedroom 1: Dimensions: 14x16, On Level: Main
  • Bedroom 2: Dimensions: 11x12, On Level: Main
  • Bedroom 3: Dimensions: 11x13, On Level: Main
  • Bedroom 4: Dimensions: 23x20, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Brick
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 22x38
  • Garage Sq Ft: 836

Utilities

  • Cooling: Heat Pump
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

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

Lot Info

  • Lot Description: Partially Wooded, 0-2.9999
  • Lot Dimensions: 115x78
  • Estimated Lot Sq Ft: 9148
  • Estimated Lot Size Acres: 0.21

Tax Info

  • Annual Taxes: 26.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2016
Closed on
Dec 7, 2016
Sold by
Gentry Estates Construction Co Inc
Bought by
Mervosh Michael and Mervosh Brandy Russell
List Price
$473,463
Sold Price
$473,463
Current Estimated Value
$667,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,415
Avg. Annual Appreciation
3.94%
Original Mortgage
$327,463
Outstanding Balance
$157,311
Interest Rate
3.47%
Mortgage Type
New Conventional
Estimated Equity
$510,567

Purchase Details

Listed on
Jan 18, 2016
Closed on
Jun 1, 2016
Sold by
Chitwood Gregory Q and Chitwood Mary Ann
Bought by
Gentry Estates Construction Co Inc
List Price
$84,900
Sold Price
$79,900
Premium/Discount to List
-$5,000
-5.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2962.22%
Original Mortgage
$369,134
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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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
Mervosh Michael -- None Available
Gentry Estates Construction Co Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mervosh Michael $327,463
Previous Owner Gentry Estates Construction Co Inc $369,134
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/06/2016 12/06/16 Sold $473,463 +492.6% $171 / Sq Ft
12/06/2016 12/06/16 Pending -- -- --
06/01/2016 06/01/16 Sold $79,900 -83.1% $29 / Sq Ft View Prior Sale
06/01/2016 06/01/16 Pending -- -- --
02/25/2016 02/25/16 For Sale $473,463 +457.7% $171 / Sq Ft
01/18/2016 01/18/16 For Sale $84,900 -- $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 $4,794 $587,700 $89,000 $498,700
2023 $2,402 $587,500 $89,000 $498,500
2022 $4,489 $540,700 $89,000 $451,700
2021 $4,230 $499,600 $89,000 $410,600
2020 $4,254 $481,300 $84,000 $397,300
2019 $3,476 $458,700 $84,000 $374,700
2018 $3,403 $445,300 $84,000 $361,300
2017 $6,152 $451,100 $80,000 $371,100
2016 $27 $2,000 $2,000 $0
2014 $24 $1,800 $1,800 $0
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 201725695

Indiana Regional MLS

APN: 53-08-01-100-080.006-008