NOT LISTED FOR SALE

4754 S Lake Forest Dr Bloomington, IN 47401

Estimated Value: $1,259,101 - $1,571,000

3 Beds
3.5 Baths
5,904 Sq Ft
$239/Sq Ft Est. Value

Last Sold July 01, 2016

Last sale price $885,000 $150 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $8,566/month

20 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Fireplace in Bedroom
  • Binford Elementary School Rated A
  • Open Floorplan
  • Vaulted Ceiling

About This Home

As of July 2016

Prospective buyers must be pre-approved and have proof of funds. An estate home in Sterling Woods, this home was built for entertaining. Some of the furniture was acquired for specific rooms and will be available for sale as well. This is a ranch home over full walk-out basement. There are two full kitchens on both floors and three separate laundry areas. The main level was built with entertaining in mind and it is exquisite. There is room for plenty of art, baby grand piano, anything you can imagine. The master bedroom is on the main. The main kitchen is a master chef's dream with the finest appliances and two dishwashers. There is a very large, state of the art 'showy' wine cellar, a large butler's pantry with dishwasher and cabinetry and a 7x9 walk-in pantry. There are separate quarters and wrought iron fencing for your canine family members and electric dog fencing. The canine quarters has its own doggie shower and laundry area. Your pampered pets will love it here. These home owners thought of everything! The formal living room could be an office or additional main bedroom with its own fireplace. There are additional fireplaces in the master bedroom, dining room, and family room attached to main kitchen. The master bath has his and her vanities, heated tile floor, and is attached to the very large, walk-in, professionally designed master closet with its own laundry area. A fifth fireplace is on the lower, walk-out level with the remaining two bedrooms. All lower level rooms are large, bright, and welcoming. The lower level has its own entrance and would be perfect for an in-law, multiple guest situation. Lower is level is over 2000 sq feet and cannot be described as a 'basement'. It is basically a second home. There is an in ground pool, hot tub. The grounds are professionally landscaped and maintained and the irrigation system is professionally monitored. This stately home sits at the back of the addition with only one other house nearby. It is a beautiful, wooded private setting that you are bound to enjoy for many years.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,163

Year Built

  • Built in 2006

Lot Details

  • 3.11 Acre Lot
  • Backs to Open Ground
  • Private Streets
  • Kennel
  • Property has an invisible fence for dogs
  • Decorative Fence
  • Landscaped
  • Lot Has A Rolling Slope
  • Irrigation
  • Partially Wooded Lot
  • Zoning described as residential estate

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-in Bookshelves
  • Built-In Features
  • Bar
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Pocket Doors
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 5 Fireplaces
  • Formal Dining Room
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Kitchen Island
  • Solid Surface Countertops
  • Built-In or Custom Kitchen Cabinets
  • Utility Sink
  • Disposal
  • Fireplace in Kitchen

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • In-Law or Guest Suite
  • Double Vanity
  • Separate Shower

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Fireplace in Basement
  • 2 Bathrooms in Basement
  • 2 Bedrooms in Basement

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Covered Deck
  • Covered Patio or Porch

Location

  • Suburban Location

Utilities

  • Central Air
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 530824301034000008

Community Details

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,163

Year Built

Built in 2006

Lot Details

0

HOA Fees

$100 per month

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2006
  • Age: 10
  • Style: One Story
  • Total Number of Rooms: 10
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 1
  • Total Bathrooms: 4
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Legal Description: 014-35135-58 Sterling Woods Lot 58A
  • Parcel Number ID: 530824301034000008
  • Platted: Yes
  • Amenities: Hot Tub/Spa, Alarm System-Security, Bar, Breakfast Bar, Built-In Bookcase, Built-in Desk, Built-In Entertainment Ct, Cable Ready, Ceiling-9+, Ceiling Fan(s), Ceilings-Vaulted, Closet(s) Walk-in, Countertops-Solid Surf, Crown Molding, Deck Covered, Deck Open, Disposal, Dryer Hook Up Electric, Eat-In Kitchen, Foyer Entry, Garage Door Opener, Guest Quarters, Irrigation System, Kennel, Kitchen Island, Landscaped, Near Walking Trail, Open Floor Plan, Pantry-Walk In, Patio Covered, Patio Open, Pocket Doors, Twin Sink Vanity, Utility Sink, Wet Bar, Stand Up Shower, Main Level Bedroom Suite, Formal Dining Room, Great Room, Main Floor Laundry, Custom Cabinetry
  • Cross Street: Sterling Avenue
  • Improvmnts In Last5 Yrs: Yes
  • Location: City/Town/Suburb, Near College Campus
  • Number Below Grade Bedrooms: 2
  • Parcel Id2: 0143513558
  • Road Access: Private
  • Road Surface: Asphalt
  • Section Number: 24
  • Sp Lp Percent: 100
  • Zoning Description: residential estate
  • Special Features: None

Interior Features

  • Total Sq Ft: 7626
  • Total Finished Sq Ft: 5904
  • Above Grade Finished Sq Ft: 3821
  • Below Grade Finished Sq Ft: 2083
  • Below Grade Sq Ft: 1722
  • Basement: Yes
  • Basement Foundation: Full Basement, Walk-Out Basement, Partially Finished, Outside Entrance
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 5
  • Fireplace: Dining Rm, Extra Rm, Family Rm, Kitchen, Living/Great Rm, Rec Rm, 1st Bdrm, 2nd Bdrm, 3rd Bdrm, Basement
  • Flooring: Hardwood Floors, Carpet, Tile
  • Living Great Room: Dimensions: 17x16, On Level: Main
  • Kitchen: Dimensions: 19x18, On Level: Main
  • Dining Room: Dimensions: 16x20, On Level: Main
  • Family Room: Dimensions: 17x22, On Level: Main
  • Recreation Room: Dimensions: 27x36, On Level: Lower
  • Extra Room: wine cellar, Dimensions: 12x17, On Level: Main
  • Bedroom 1: Dimensions: 19x22, On Level: Main
  • Bedroom 2: Dimensions: 12x18, On Level: Lower
  • Bedroom 3: Dimensions: 13x16, On Level: Lower
  • Other Room1: Dog room with shower, Dimensions: 9x9, On Level: Main
  • Other Room 2: Walk-in pantry, Dimensions: 7x9, On Level: Main
  • Other Room 3: office, Dimensions: 7x7, On Level: Main
  • Number Below Grade Bathrooms: 2
  • Number of Below Grade Full Bathrooms: 2
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 3805

Exterior Features

  • Exterior: Brick
  • Roof Material: Asphalt
  • Outbuilding1: None
  • Pool: Below Ground
  • Pool: Yes
  • Fence: Decorative, Invisible

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 25x36
  • Garage Sq Ft: 900

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: Vectren Energy
  • Water Company: Eastern Monroe Water Corp
  • Cable Company: DirectTV
  • Laundry: Dimensions: 7xMain, On Level: 7

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 1195
  • Association Fees Frequency: Annually

Schools

  • School District: Monroe County Community School Corp.
  • Elementary School: Rogers/Binford
  • Middle School: Jackson Creek
  • High School: Bloomington South

Lot Info

  • Lot Description: Partially Wooded, Rolling
  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 135472
  • Estimated Lot Size Acres: 3.11
  • Lot Number: 58
  • Zoning: A Single Family Residential

Tax Info

  • Annual Taxes: 7162.6
  • Exemptions: Homestead, Mortgage, Supplemental

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2016
Closed on
Jul 1, 2016
Sold by
Davis John F and Davis Melissa J
Bought by
Ballenger Francys Ann and Reitmeyer Jill
List Price
$885,000
Sold Price
$885,000
Current Estimated Value
$1,409,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$524,034
Avg. Annual Appreciation
5.01%
Original Mortgage
$708,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2005
Sold by
Djdm Llc
Bought by
Davis John F and Davis Melissa J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2005
Sold by
Sterling Woods Ii Inc
Bought by
Djdm Llc
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
Ballenger Francys Ann -- None Available
Davis John F -- None Available
Djdm Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ballenger Francys Ann $575,000
Closed Ballenger Francys Ann $708,000
Previous Owner Davis John F $594,125
Previous Owner Davis John F $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2016 07/01/16 Sold $885,000 0.0% $150 / Sq Ft
04/24/2016 04/24/16 Pending -- -- --
04/04/2016 04/04/16 For Sale $885,000 -- $150 / 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 $9,463 $1,006,100 $265,000 $741,100
2023 $4,821 $1,007,300 $265,000 $742,300
2022 $8,672 $906,900 $230,500 $676,400
2021 $8,102 $837,900 $230,500 $607,400
2020 $8,427 $831,600 $230,500 $601,100
2019 $7,312 $833,300 $230,500 $602,800
2018 $7,347 $828,300 $230,500 $597,800
2017 $7,272 $819,600 $230,500 $589,100
2016 $7,152 $820,700 $230,500 $590,200
2014 $7,998 $910,900 $230,500 $680,400
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 201613752

Indiana Regional MLS

APN: 53-08-24-301-034.000-008