NOT LISTED FOR SALE

500 N Walnut St Unit 302 Bloomington, IN 47404

Estimated Value: $384,905 - $511,000

1 Bed
2 Baths
1,109 Sq Ft
$337/mo HOA Fee

Last Sold May 19, 2022

Last sale price $340,000 $307 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,345/month

10 Days on Market

Highlights

  • Fitness Center
  • Wood Flooring
  • Balcony
  • University Elementary School Rated A
  • Walk-In Pantry
  • 5-minute walk to Bloomington Parks & Recreation

About This Home

As of May 2022

BEAUTIFUL, Lockerbie condo for sale...WON'T LAST LONG! Quality updates throughout, this 1 BR Plus Study (w/ Closet) 2 BA is loaded w/ charm. Featuring: Updated BA's & Kitchen; Spacious Master BR Suite; Custom Tile; Gas Fireplace; Walk-In Pantry; Lovely view(s)...& SO MUCH MORE!

Last Agent to Sell the Property

Mary Willman

Jason Millican Group Listed on: 04/06/2022

Last Buyer's Agent

Lindsey Martin

Choice Realty & Management

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,401

Year Built

  • Built in 2003

Lot Details

  • 218

HOA Fees

  • $337 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Planned Development
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,109 Sq Ft Home
  • Multi-Level Property
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Gas Log Fireplace

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Ceramic Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Home Security

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 53-05-33-306-016.000-005

Community Details

Overview

  • Lockerbie Court Subdivision

Recreation

  • Fitness Center

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,401

Year Built

Built in 2003

Lot Details

0

HOA Fees

$337 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Condo/Villa
  • Year Built: 2003
  • Age: 19
  • Style: Multi-Story (3+)
  • Total Number of Rooms: 5
  • Bedrooms: 1
  • Number Above Grade Bedrooms: 1
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 013-22600-32 LOCKERBIE COURT UNIT 302
  • Parcel Number ID: 53-05-33-306-016.000-005
  • Platted: Yes
  • Amenities: Balcony, Breakfast Bar, Ceiling-9+, Closet(s) Walk-in, Countertops-Ceramic, Countertops-Stone, Crown Molding, Detector-Smoke, Disposal, Pantry-Walk In, Split Br Floor Plan, Stand Up Shower, Tub/Shower Combination, Custom Cabinetry
  • Location: Near College Campus
  • Sp Lp Percent: 88.31
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 1109
  • Total Finished Sq Ft: 1109
  • Above Grade Finished Sq Ft: 1109
  • Price Per Sq Ft: 306.58
  • Basement Foundation: Slab
  • Number Of Fireplaces: 1
  • Fireplace: Gas Log
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Tile
  • Kitchen: Dimensions: 10x12, On Level: Main
  • Den: Dimensions: 10x10, On Level: Main
  • Bedroom 1: Dimensions: 13x13, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Brick
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 8x10
  • Garage Sq Ft: 80
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: Public
  • Laundry: Dimensions: Mainx3, On Level: 6

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 336.99
  • 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: Planned Unit Development

Tax Info

  • Annual Taxes: 5401.24

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
Apr 6, 2022
Closed on
May 19, 2022
Sold by
Shields Stephen
Bought by
Gawne Timothy
Seller's Agent
Mary Willman
Jason Millican Group
Buyer's Agent
Lindsey Martin
Choice Realty & Management
List Price
$385,000
Sold Price
$340,000
Premium/Discount to List
-$45,000
-11.69%
Current Estimated Value
$444,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,726
Avg. Annual Appreciation
4.92%

Purchase Details

Closed on
Jul 2, 2010
Sold by
Young William A
Bought by
Shields Stephen and Shields Machelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2005
Sold by
Atd Investments Llc
Bought by
Young William A
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
Gawne Timothy $340,000 Titleplus
Shields Stephen -- None Available
Young William A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shields Stephen $166,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2022 05/19/22 Sold $340,000 -11.7% $307 / Sq Ft
04/06/2022 04/06/22 For Sale $385,000 -- $347 / 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 $7,007 $341,500 $0 $341,500
2023 $6,708 $316,200 $0 $316,200
2022 $5,580 $275,000 $0 $275,000
2021 $5,401 $260,000 $0 $260,000
2020 $5,365 $260,000 $0 $260,000
2019 $5,467 $260,000 $0 $260,000
2018 $5,269 $250,000 $0 $250,000
2017 $4,963 $235,000 $0 $235,000
2016 $4,676 $225,000 $0 $225,000
2014 $4,693 $225,000 $0 $225,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202211719

Indiana Regional MLS

APN: 53-05-33-306-016.000-005