NOT LISTED FOR SALE

4850 Red Oak Ln Bloomington, IN 47401

Estimated Value: $962,000 - $1,023,000

4 Beds
3.5 Baths
4,190 Sq Ft
$235/Sq Ft Est. Value

Last Sold December 02, 2016

Last sale price $585,000 $140 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $5,708/month

Highlights

  • 100 Feet of Waterfront
  • Pier or Dock
  • Primary Bedroom Suite
  • Binford Elementary School Rated A
  • Spa
  • Open Floorplan

About This Home

As of December 2016

This stunning custom home on over seven acres bordering Lake Monroe and state forest has soaring volume ceilings with built-ins, hardwood floors, and walls of Anderson windows. An entertaining, custom kitchen by Plum Creek Cabinets offering solid cherry cabinets, prep sink island and bar seating for five, built-in double ovens, gas cooktop and more. Main level bedroom suite with jetted tub, separate shower, double vanity sinks and walk in closet. Great room with custom limestone fireplace with gas log operation. Open loft area with 2 large bedrooms and a jack and jill bath plus study or fourth possible bedroom. Sensational lower level movie room, game room, brick fireplace and "pub," a custom walnut bar with beer taps, surrounded by gorgeous custom birch and poplar wainscoting. Built in entertainment center with 57" HDTV to stay. Lots of deck space to enjoy at this lake home and a hot tub. Flat lot to launch kayaks, canoes or fish. Attached 2 car garage plus storage barn. Beautiful surroundings of mature trees offer low maintenance grass cutting. This gorgeous home is ten minutes from Indiana University and College Mall.

Last Agent to Sell the Property

Amanda Richardson

FC Tucker/Bloomington REALTORS Listed on: 10/10/2016

FC Tucker/Bloomington REALTORS

Last Buyer's Agent

Mike Hensinger

RE/MAX Acclaimed Properties

RE/MAX Acclaimed Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,117

Year Built

  • Built in 2002

Lot Details

  • 7.21 Acre Lot
  • 100 Feet of Waterfront
  • Backs to Open Ground
  • Private Streets
  • Landscaped
  • Partially Wooded Lot

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Ranch Style House
  • Traditional Architecture
  • Walk-Out Ranch
  • Cabin
  • Poured Concrete
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Stone Exterior Construction
  • Cedar

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Built-in Bookshelves
  • Built-In Features
  • Woodwork
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Workshop
  • Water Views
  • Home Security System
  • Laundry on main level

Kitchen

  • Walk-In Pantry
  • Kitchen Island
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Double Vanity
  • Bathtub With Separate Shower Stall

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • 1 Bathroom in Basement

Outdoor Features

  • Spa
  • Sun Deck
  • Waterski or Wakeboard
  • Lake Property
  • Lake, Pond or Stream
  • Covered Deck

Schools

  • Rogers/Binford Elementary School
  • Jackson Creek Middle School
  • Bloomington North High School

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 53-07-32-101-004.000-014

Community Details

Overview

  • Lake Monroe Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,117

Year Built

Built in 2002

Lot Details

0

HOA Fees

$17 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2002
  • Style: One Story
  • Architectural Style: Contemporary, Ranch, Traditional, Cabin/Cottage, Walkout Ranch
  • Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Legal Description: Forest Park Estates Lot 4 |
  • Parcel Number ID: 53-07-32-101-004.000-014
  • Platted: Yes
  • Amenities: Hot Tub/Spa, 1st Bdrm En Suite, Alarm System-Security, Built-In Speaker System, Built-In Bookcase, Built-In Entertainment Ct, Ceiling Fan(s), Ceilings-Vaulted, Closet(s) Walk-in, Crown Molding, Deck Covered, Deck Open, Deck on Waterfront, Kitchen Island, Landscaped, Natural Woodwork, Open Floor Plan, Pantry-Walk In, Skylight(s), Split Br Floor Plan, Twin Sink Vanity, Wet Bar, Stand Up Shower, Tub and Separate Shower, Tub/Shower Combination, Workshop, Main Level Bedroom Suite, Main Floor Laundry, Custom Cabinetry, Jack & Jill Bath
  • Grid: Southeast Monroe County-C000
  • Location: Lake, Near College Campus
  • Road Access: Private
  • Road Surface: Asphalt
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 4853
  • Total Finished Sq Ft: 4190
  • Above Grade Finished Sq Ft: 3390
  • Below Grade Finished Sq Ft: 800
  • Below Grade Sq Ft: 663
  • Basement: Yes
  • Basement Foundation: Finished, Full Basement, Outside Entrance, Walk-Out Basement
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 2
  • Fireplace: Family Rm, Living/Great Rm, Gas Log, Two
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood Floors, Vinyl
  • Living Great Room: Dimensions: 18x18, On Level: Main
  • Kitchen: Dimensions: 15x13, On Level: Main
  • Dining Room: Dimensions: 15x13, On Level: Main
  • Family Room: Dimensions: 25x13, On Level: Lower
  • Den: Dimensions: 14x13, On Level: Upper
  • Recreation Room: Dimensions: 25x12, On Level: Lower
  • Bedroom 1: Dimensions: 18x15, On Level: Main
  • Bedroom 2: Dimensions: 15x12, On Level: Upper
  • Bedroom 3: Dimensions: 18x18, On Level: Upper
  • Bedroom 4: Dimensions: 14x13, On Level: Upper
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1463

Exterior Features

  • Exterior: Cedar, Stone, Wood
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Water Features: Pier/Dock Available
  • Water Frontage: 100
  • Water Name: Lake Monroe

Garage/Parking

  • Driveway: Asphalt
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 25x22
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane, Forced Air
  • Sewer: Septic
  • Water Utilities: City
  • Cable Company: DirectTV, Smithville Communications
  • Laundry: Dimensions: Mainx9, On Level: 9
  • Water Type: Lake

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 200
  • Association Fees Frequency: Annually

Schools

  • Elementary School: Rogers/Binford

Lot Info

  • Lot Description: Partially Wooded, Waterfront, 6-9.999, Lake, Water View, Wooded, Waterfront-Level Bank
  • Lot Dimensions: irreg
  • Estimated Lot Sq Ft: 314068
  • Estimated Lot Size Acres: 7.21
  • Lot Number: 4

Tax Info

  • Annual Taxes: 4117.2
  • Exemptions: Homestead, Mortgage

MLS Schools

  • High School: Bloomington North
  • Middle School: Jackson Creek
  • School District: Monroe County Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2016
Closed on
Dec 2, 2016
Sold by
Lorton Michael C and Lorton Deborah L
Bought by
Mccracken Eunji and Mccracken Mitchell R
Seller's Agent
Amanda Richardson
FC Tucker/Bloomington REALTORS
Buyer's Agent
Mike Hensinger
RE/MAX Acclaimed Properties
List Price
$585,000
Sold Price
$585,000
Current Estimated Value
$984,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$399,832
Avg. Annual Appreciation
6.02%
Original Mortgage
$417,000
Outstanding Balance
$336,199
Interest Rate
3.47%
Mortgage Type
New Conventional
Estimated Equity
$648,633
Source: Public Records

Range of Values:

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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
Mccracken Eunji -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccracken Eunji $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2016 12/02/16 Sold $585,000 0.0% $140 / Sq Ft
10/10/2016 10/10/16 Pending -- -- --
10/10/2016 10/10/16 For Sale $585,000 -- $140 / 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 $6,123 $779,400 $223,600 $555,800
2023 $5,408 $677,900 $194,400 $483,500
2022 $5,086 $633,600 $194,400 $439,200
2021 $4,946 $604,200 $194,400 $409,800
2020 $4,870 $603,100 $194,400 $408,700
2019 $4,957 $606,400 $194,400 $412,000
2018 $4,850 $588,500 $194,400 $394,100
2017 $4,850 $584,000 $194,400 $389,600
2016 $4,022 $492,800 $194,400 $298,400
2014 $3,997 $490,500 $194,400 $296,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201653705

Indiana Regional MLS

APN: 53-07-32-101-004.000-014