NOT LISTED FOR SALE

500 N Walnut St Unit 204 Bloomington, IN 47404

Estimated Value: $527,000 - $630,000

3 Beds
2.5 Baths
2,319 Sq Ft
$785/mo HOA Fee

Last Sold August 12, 2022

Last sale price $532,000 $229 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,320/month

60 Days on Market

Highlights

  • Fitness Center
  • Primary Bedroom Suite
  • Wood Flooring
  • University Elementary School Rated A
  • Contemporary Architecture
  • Stone Countertops

About This Home

As of August 2022

Luxury downtown Bloomington condo in Lockerbie Court! This 3 bedroom, 2.5 bath condo is seconds from all of the downtown amenities including local restaurants, the Courthouse Square and the B-Line trail. The kitchen has cherry wood cabinets, black granite counter tops, plenty of workspace, stainless appliances including wall oven, built-in microwave, refrigerator, 5-burner gas stovetop and dishwasher. The kitchen has a bar set up for barstools for additional seating. The main living area also includes a dining room that is open to the spacious living room with gas fireplace and access to one of the balconies. The primary suite has a large walk-in closet, access to the 2nd balcony and private bathroom with jetted tub surrounded by marble, walk-in shower, double sinks and tiled floors. Across the main living area, you will find the two additional bedrooms and shared full bath. In the front of the unit there is a large pantry/storage room, half bath and laundry room with utilities. 5-person occupancy permit good through 4/30/23. This condo comes with two parking spaces and a 10x10 storage unit.

Last Agent to Sell the Property

Heather Groves

Sterling Real Estate Listed on: 06/10/2022

Last Buyer's Agent

Jeffrey Franklin

FC Tucker/Bloomington REALTORS

FC Tucker/Bloomington REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,310

Year Built

  • Built in 2002

Lot Details

  • 218

HOA Fees

  • $785 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Rubber Roof
  • Block Exterior

Interior Spaces

  • 2,319 Sq Ft Home
  • 1-Story Property
  • Bar
  • Entrance Foyer
  • Living Room with Fireplace
  • Laundry on main level

Kitchen

  • Walk-In Pantry
  • Stone Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Double Vanity
  • Bathtub With Separate Shower Stall

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Additional Features

  • Balcony
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 53-05-33-306-017.000-005

Community Details

Overview

  • Lockerbie Court Subdivision

Recreation

  • Fitness Center

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,310

Year Built

Built in 2002

Lot Details

0

HOA Fees

$785 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Condo/Villa
  • Year Built: 2002
  • Age: 20
  • Style: One Story
  • Architectural Style: Contemporary
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: 013-22600-24 LOCKERBIE COURT UNIT 204
  • Parcel Number ID: 53-05-33-306-017.000-005
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Balcony, Bar, Cable Ready, Countertops-Stone, Foyer Entry, Pantry-Walk In, Twin Sink Vanity, Tub and Separate Shower, Tub/Shower Combination, Main Level Bedroom Suite, Main Floor Laundry
  • Location: City/Town/Suburb, Near College Campus, Near Walking Trail
  • Sp Lp Percent: 96.74
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2319
  • Total Finished Sq Ft: 2319
  • Above Grade Finished Sq Ft: 2319
  • Price Per Sq Ft: 229.41
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet, Tile
  • Living Great Room: Dimensions: 31x23, On Level: Main
  • Kitchen: Dimensions: 11x18, On Level: Main
  • Dining Room: Dimensions: 13x11, On Level: Main
  • Extra Room: Pantry, Dimensions: 7x5, On Level: Main
  • Bedroom 1: Dimensions: 19x18, On Level: Main
  • Bedroom 2: Dimensions: 18x12, On Level: Main
  • Bedroom 3: Dimensions: 13x12, On Level: Main
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Block, Brick
  • Roof Material: Rubber
  • Outbuilding1: None

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Water Company: Bloomington City Utility
  • Cable Company: Comcast, AT&T
  • Laundry: Dimensions: Mainx11, On Level: 6

Condo/Co-op/Association

  • Association Fees: 784.7
  • Association Fees Frequency: Monthly
  • Common Amenities: Exercise Room

Schools

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

Lot Info

  • Lot Description: 0-2.9999

Tax Info

  • Annual Taxes: 8309.6

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
Jun 10, 2022
Closed on
Aug 9, 2022
Sold by
Kargodorian Vram J
Bought by
Merino Enrique
Seller's Agent
Heather Groves
Sterling Real Estate
Buyer's Agent
Jeffrey Franklin
FC Tucker/Bloomington REALTORS
List Price
$549,900
Sold Price
$532,000
Premium/Discount to List
-$17,900
-3.26%
Views
2
Current Estimated Value
$559,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,466
Avg. Annual Appreciation
1.97%

Purchase Details

Closed on
Nov 11, 2020
Sold by
Gould Daniel W and Gould Amy L
Bought by
Kargodorian Katherine E and Kargodorian Vram J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2017
Sold by
Meyer David W
Bought by
Daniel Gould

Purchase Details

Closed on
Apr 13, 2017
Sold by
Meyer David W and Haines Martha Mahan
Bought by
Gould Daniel

Purchase Details

Closed on
Feb 4, 2011
Sold by
West William V
Bought by
Meyer David W and Haines Martha Mahan

Purchase Details

Closed on
May 1, 2009
Sold by
Rnd Properties Llc
Bought by
West William
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
Merino Enrique $532,000 John Bethel Title Company
Kargodorian Katherine E -- None Available
Daniel Gould $388,000 --
Gould Daniel W $388,000 Titleplus
Gould Daniel -- None Available
Meyer David W -- None Available
West William -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kargodorian Katherine E $307,500
Previous Owner Lockerbie Court Condominiums Llc $336,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2022 08/12/22 Sold $532,000 -3.3% $229 / Sq Ft
06/10/2022 06/10/22 For Sale $549,900 -- $237 / 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 $5,835 $515,400 $0 $515,400
2023 $2,656 $477,200 $0 $477,200
2022 $4,595 $415,000 $0 $415,000
2021 $8,310 $400,000 $0 $400,000
2020 $4,222 $400,000 $0 $400,000
2019 $4,237 $400,000 $0 $400,000
2018 $4,141 $390,000 $0 $390,000
2017 $4,151 $390,000 $0 $390,000
2016 $4,156 $390,000 $0 $390,000
2014 $4,112 $385,000 $0 $385,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202223168

Indiana Regional MLS

APN: 53-05-33-306-017.000-005