NOT LISTED FOR SALE

4901 E State Road 45 Bloomington, IN 47408

Estimated Value: $895,000 - $1,278,619

3 Beds
2.5 Baths
4,060 Sq Ft
$268/Sq Ft Est. Value

Last Sold November 10, 2023

Last sale price $1,175,000 $289 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $6,113/month

37 Days on Market

Highlights

  • Primary Bedroom Suite
  • Waterfront
  • Open Floorplan
  • University Elementary School Rated A
  • 24.78 Acre Lot
  • Lake Property

About This Home

As of November 2023

Welcome home to sophisticated luxury. Custom designed cabinets highlighted by Wenge wood counter tops and travertine back splash with horse shoe inlays welcome you into a chef’s kitchen and open floor plan perfect for large group entertaining. The great room offers views of the lake and pasture with beautiful detailing throughout including a three sided marble and barn beam fireplace, hard wood floors, white washed wood vaulted ceilings, built in cabinets, bookcases, Anderson Windows, and so much more. The rolling 24 acres include a horse barn with six stalls, tack room, bathroom and a loft that can store up to 425 hay bales. As an added bonus two of the horse stalls are designed as foaling stalls. Attached to the horse barn is a 360 square foot apartment. Adjacent to the horse barn is a livestock barn and storage shed. Tucked away in a back corner is a tractor and farm equipment barn. For the serious rider, this property includes a 20 meter by 40 meter Dressage Small Arena properly layered with clay, pit gravel and sand. The private lake is stocked with bass and grass carp. Take a walk on the property and come across wooded rolling hills and a quiet creek. All of this with an amazing location, just minutes from Indiana University and downtown Bloomington.

Last Agent to Sell the Property

Chris Smith

RE/MAX Acclaimed Properties Brokerage Phone: 812-219-3030 Listed on: 07/14/2023

RE/MAX Acclaimed Properties

Last Buyer's Agent

Scott Newland

Brawley Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,325

Year Built

  • Built in 1920

Lot Details

  • 24.78 Acre Lot
  • Waterfront
  • Property fronts a state road
  • Backs to Open Ground
  • Rural Setting
  • Partially Fenced Property
  • Decorative Fence
  • Landscaped
  • Irregular Lot
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

Parking

  • 4 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Cape Cod Architecture
  • Poured Concrete
  • Shingle Roof
  • Cement Board or Planked
  • Cedar

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Woodwork
  • Crown Molding
  • Beamed Ceilings
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Water Views
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Solid Surface Countertops
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Stone
  • Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Double Vanity
  • Bathtub with Shower
  • Separate Shower

Partially Finished Basement

  • Walk-Out Basement
  • Crawl Space

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting

Outdoor Features

  • Lake Property
  • Lake, Pond or Stream
  • Enclosed Patio or Porch

Schools

  • University Elementary School
  • Tri-North Middle School
  • Bloomington North High School

Farming

  • Livestock Fence
  • Pasture

Utilities

  • Central Air
  • Geothermal Heating and Cooling
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 53-05-25-400-007.000-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,325

Year Built

Built in 1920

Lot Details

0

Parking

4

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1920
  • Style: One and Half Story
  • Architectural Style: Cape Cod
  • Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: Hoffman minor subdivision lots 1,2,3.
  • Parcel Number ID: 53-05-25-400-007.000-004
  • Platted: Yes
  • Amenities: Breakfast Bar, Ceiling-9+, Ceiling-Cathedral, Ceilings-Beamed, Closet(s) Walk-in, Countertops-Solid Surf, Crown Molding, Deck Open, Garage Door Opener, Landscaped, Natural Woodwork, Open Floor Plan, Porch Enclosed, Rough-In Bath, Twin Sink Vanity, Stand Up Shower, Tub/Shower Combination, Main Level Bedroom Suite, Main Floor Laundry, Custom Cabinetry
  • Cross Street: N Mt. Gilead Road
  • Improvmnts In Last5 Yrs: Yes
  • Location: Near College Campus, Rural Subdivision
  • Parcel Id2: 530525400007002004 and 53052540000700100
  • Road Access: State
  • Road Surface: Asphalt
  • County Zoning: Unknown
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 5356
  • Total Finished Sq Ft: 4060
  • Above Grade Finished Sq Ft: 4060
  • Below Grade Sq Ft: 1296
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement, Partially Finished, Walk-Out Basement
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Flooring: Concrete, Hardwood Floors, Stone
  • Living Great Room: Dimensions: 42x27, On Level: Main
  • Kitchen: Dimensions: 21x11, On Level: Main
  • Den: Dimensions: 13x13, On Level: Main
  • Recreation Room: Dimensions: 52x22, On Level: Lower
  • Bedroom 1: Dimensions: 16x13, On Level: Main
  • Bedroom 2: Dimensions: 11x15, On Level: Upper
  • Bedroom 3: Dimensions: 13x15, On Level: Upper
  • Other Room1: Sun Room, Dimensions: 11x6, On Level: Main
  • Other Room 2: Utility, Dimensions: 15x8, On Level: Lower
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1296

Exterior Features

  • Exterior: Cedar, Cement Board
  • Roof Material: Shingle
  • Outbuilding1: Horse Facilities, Dimensions: 34x48, 1632
  • Fence: Decorative, Partial, Farm
  • Outbuilding2: Pole/Post Building, Dimensions: 30x20, 600

Garage/Parking

  • Driveway: Asphalt
  • Garage Type: Detached
  • Garage Number Of Cars: 4
  • Garage Size: Dimensions: 35x24
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Geothermal
  • Sewer: Septic
  • Water Utilities: Public
  • Hvac: Geothermal Hvac
  • Laundry: Dimensions: Mainx7, On Level: 9
  • Water Type: Pond

Schools

  • Elementary School: University

Lot Info

  • Lot Description: Irregular, Partially Wooded, Rolling, Waterfront, 15+, Lake, Pasture, Water View, Wooded
  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 1079417
  • Estimated Lot Size Acres: 24.78
  • Lot Number: 3

Green Features

  • Energy Efficient: Appliances, Electrical/Lighting, HVAC

Tax Info

  • Annual Taxes: 6325

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2023
Closed on
Sep 22, 2023
Sold by
The Michael S Hoffman Revocable Living T
Bought by
Craig Rhonda
Seller's Agent
Chris Smith
RE/MAX Acclaimed Properties
Buyer's Agent
Scott Newland
Brawley Real Estate
List Price
$1,290,000
Sold Price
$1,175,000
Premium/Discount to List
-$115,000
-8.91%
Views
135
Current Estimated Value
$1,086,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$88,127
Avg. Annual Appreciation
-3.90%
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
Craig Rhonda $1,175,000 Trademark Title Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2023 11/10/23 Sold $1,175,000 -8.9% $289 / Sq Ft
07/14/2023 07/14/23 For Sale $1,290,000 -- $318 / 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 $4,754 $576,300 $60,000 $516,300
2023 $4,560 $549,300 $57,700 $491,600
2022 $4,279 $508,000 $57,700 $450,300
2021 $4,015 $467,300 $52,700 $414,600
2020 $3,923 $440,300 $47,700 $392,600
2019 $3,546 $412,400 $42,700 $369,700
2018 $3,592 $403,000 $42,700 $360,300
2017 $3,386 $380,100 $42,700 $337,400
2016 $3,703 $360,600 $42,700 $317,900
2014 $2,843 $352,900 $42,700 $310,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202324559

Indiana Regional MLS

APN: 53-05-25-400-007.000-004