NOT LISTED FOR SALE

500 N Walnut St Unit 201 Bloomington, IN 47404

Old Northeast Neighborhood

Estimated Value: $439,000 - $562,000

2 Beds
2 Baths
1,345 Sq Ft
$458/mo HOA Fee

Last Sold February 16, 2024

Last sale price $460,000 $342 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,405/month

46 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Wood Flooring
  • University Elementary School Rated A
  • Backs to Open Ground
  • 5-minute walk to Bloomington Parks & Recreation

About This Home

As of February 2024

Completely remodeled from top to bottom, this second floor condo offers a modern, beautiful living space that's move-in ready. The thoughtfully designed floor plan features split bedrooms and an open kitchen, living, and dining area. It includes two full bathrooms, ample closets, and a spacious utility/laundry room. The kitchen is a chef's dream with double ovens, a gas cooktop, stainless appliances, granite countertops, and custom cabinetry, perfect for cooking and entertaining. The main living area features a cozy gas log fireplace and warm oak floors. New window coverings allow in natural light while preserving privacy. The bedrooms have new carpet for a quiet and comfortable atmosphere. The bathrooms are tiled for easy maintenance, with the main bathroom offering a jetted tub, tiled shower, and a walk-in closet. Natural light fills the condo with windows on three sides. You can enjoy downtown views from the balcony and admire the architectural charm of the full brick and limestone building. Additional features include a storage room on the main level and two side-by-side parking spaces. The building also provides an exercise room for owners. Located in the heart of Bloomington, it's within walking distance of the city's best restaurants and businesses.

Last Agent to Sell the Property

Megan Somers Glenn

RE/MAX Acclaimed Properties Brokerage Phone: 812-360-9173 Listed on: 12/04/2023

RE/MAX Acclaimed Properties

Last Buyer's Agent

Megan Somers Glenn

RE/MAX Acclaimed Properties Brokerage Phone: 812-360-9173 Listed on: 12/04/2023

RE/MAX Acclaimed Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,797

Year Built

  • Built in 2002

Lot Details

  • Backs to Open Ground
  • Landscaped

HOA Fees

  • $458 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Basement Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Limestone

Interior Spaces

  • 1,345 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Living Room with Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub With Separate Shower Stall
  • Garden Bath

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Balcony
  • Patio

Location

  • Suburban Location

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 53-05-33-306-019.000-005

Community Details

Overview

  • Mid-Rise Condominium
  • Lockerbie Court Subdivision

Amenities

  • Elevator

Recreation

  • Fitness Center

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,797

Year Built

Built in 2002

Lot Details

0

HOA Fees

$458 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Condo/Villa
  • Year Built: 2002
  • Style: One Story
  • Architectural Style: Mid Rise
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 013-22600-21 LOCKERBIE COURT UNIT 201
  • Parcel Number ID: 53-05-33-306-019.000-005
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Balcony, Breakfast Bar, Built-In Entertainment Ct, Cable Ready, Closet(s) Walk-in, Countertops-Stone, Disposal, Dryer Hook Up Electric, Elevator, Jet/Garden Tub, Landscaped, Open Floor Plan, Patio Open, Stand Up Shower, Tub and Separate Shower, Tub/Shower Combination, Main Floor Laundry, Washer Hook-Up
  • Cross Street: 9th Street
  • Improvmnts In Last5 Yrs: Yes
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1345
  • Total Finished Sq Ft: 1345
  • Above Grade Finished Sq Ft: 1345
  • Basement Foundation: Full Basement
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet, Tile
  • Living Great Room: Dimensions: 25x15, On Level: Main
  • Kitchen: Dimensions: 15x11, On Level: Main
  • Dining Room: Dimensions: 14x9, On Level: Main
  • Bedroom 1: Dimensions: 14x13, On Level: Main
  • Bedroom 2: Dimensions: 11x10, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Brick, Limestone
  • Outbuilding1: None

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Basement
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 18x18
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Water Company: Bloomington City Utility
  • Cable Company: Smithville Communications

Condo/Co-op/Association

  • Association Fees: 458
  • Association Fees Frequency: Monthly
  • Common Amenities: Exercise Room, Sidewalks

Schools

  • Elementary School: University

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: Condo

Tax Info

  • Annual Taxes: 6797.16

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
Dec 4, 2023
Closed on
Feb 15, 2024
Sold by
Zhang Gerrie
Bought by
Oller Dean
Seller's Agent
Megan Somers Glenn
RE/MAX Acclaimed Properties
Buyer's Agent
Megan Somers Glenn
RE/MAX Acclaimed Properties
List Price
$469,900
Sold Price
$460,000
Premium/Discount to List
-$9,900
-2.11%
Views
189
Current Estimated Value
$490,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,416
Avg. Annual Appreciation
3.60%

Purchase Details

Listed on
Apr 23, 2018
Closed on
Sep 28, 2018
Sold by
Dmitry Lubensky
Bought by
Gerrie Zhang
List Price
$347,500
Sold Price
$330,000
Premium/Discount to List
-$17,500
-5.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.36%

Purchase Details

Listed on
Apr 23, 2018
Closed on
Sep 27, 2018
Sold by
Lubensky Dmitry
Bought by
Zhang Gerrie
List Price
$347,500
Sold Price
$330,000
Premium/Discount to List
-$17,500
-5.04%

Purchase Details

Listed on
Feb 7, 2013
Closed on
Mar 27, 2013
Sold by
Titan Realty Corp
Bought by
Lubensky Dmitry
List Price
$305,000
Sold Price
$301,000
Premium/Discount to List
-$4,000
-1.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.68%
Original Mortgage
$240,800
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2005
Sold by
Lockerbie Court Condominiums Llc
Bought by
Titan Realty Corp

Purchase Details

Closed on
Dec 12, 2005
Sold by
Norton Daniel
Bought by
Lockerbie Court Condominiums Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Oller Dean $460,000 Title Plus
Gerrie Zhang $330,000 --
Zhang Gerrie -- None Available
Lubensky Dmitry -- None Available
Titan Realty Corp -- None Available
Lockerbie Court Condominiums Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lubensky Dmitry $240,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/16/2024 02/16/24 Sold $460,000 -2.1% $342 / Sq Ft
12/04/2023 12/04/23 For Sale $469,900 +42.4% $349 / Sq Ft
09/28/2018 09/28/18 Sold $330,000 -4.3% $245 / Sq Ft View Prior Sale
06/05/2018 06/05/18 Price Changed $345,000 -0.7% $257 / Sq Ft
04/23/2018 04/23/18 For Sale $347,500 +15.4% $258 / Sq Ft
03/28/2013 03/28/13 Sold $301,000 -1.3% $224 / Sq Ft View Prior Sale
02/14/2013 02/14/13 Pending -- -- --
02/07/2013 02/07/13 For Sale $305,000 -- $227 / 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 $4,402 $400,600 $0 $400,600
2023 $8,172 $385,200 $0 $385,200
2022 $6,797 $335,000 $0 $335,000
2021 $6,544 $315,000 $0 $315,000
2020 $6,500 $315,000 $0 $315,000
2019 $6,624 $315,000 $0 $315,000
2018 $3,068 $290,000 $0 $290,000
2017 $3,075 $290,000 $0 $290,000
2016 $2,864 $270,000 $0 $270,000
2014 $2,870 $270,000 $0 $270,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Megan Somers Glenn

    RE/MAX

    (812) 360-9173

    1 in this area

    28 Total Sales

    Megan Somers Glenn
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202343631

Indiana Regional MLS

APN: 53-05-33-306-019.000-005

Indiana Monroe County Bloomington 47404 Old Northeast

500 N Walnut St Unit 201, Bloomington, IN

Not Listed for Sale

Condos

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