NOT LISTED FOR SALE

500 N Walnut St Unit 306 Bloomington, IN 47404

Estimated Value: $562,270 - $743,000

3 Beds
2.5 Baths
1,657 Sq Ft
$506/mo HOA Fee

Last Sold November 17, 2021

Last sale price $458,100 $276 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,798/month

17 Days on Market

Highlights

  • Fitness Center
  • Primary Bedroom Suite
  • Corner Lot
  • University Elementary School Rated A
  • Wood Flooring
  • 5-minute walk to Bloomington Parks & Recreation

About This Home

As of November 2021

This fully renovated third floor condo in Lockerbie Court is convenient to all that Bloomington and Indiana University has to offer. Your new home is only .2 miles from the downtown courthouse square, .5 miles to IU's campus, and one mile from Memorial Stadium. This location is near breweries, art galleries, restaurants, B-Line Trail, farmer's market, and more. This 1600+ sq. ft. condo, completely renovated in 2017, is a great place to entertain. Open the balcony and enjoy the fresh, fall air and sip a cup of coffee while watching the sunset over treetops. Your spacious kitchen includes a five-burner gas stove, double oven, four-door refrigerator and surround granite countertops. Kitchen cabinets to the ceiling include an appliance garage and pantry. From food preparation to open concept entertaining, the dining area and living room have laminate flooring, can lighting and ceiling molding. The adjacent living room features built in bookshelves and gas fireplace. The condo has 3 beds and 2.5 baths. (One bedroom currently used as a family room and provides a second en suite option. Another bedroom is currently used as an office). A pocket door turns the third bedroom into another en suite. All bathrooms have custom cabinets, granite countertops and porcelain tile plank flooring. The laundry room has a stack washer/dryer and sink. This condo comes with a parking space, garage door openers, entry & elevator key fob, and a 10x9 storage unit.

Last Agent to Sell the Property

Shane Gibson

Sweet Maple Realty Listed on: 10/24/2021

Last Buyer's Agent

Andy Walker

RE/MAX Acclaimed Properties

RE/MAX Acclaimed Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,372

Year Built

  • Built in 2002

Lot Details

  • 218

HOA Fees

  • $506 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,657 Sq Ft Home
  • Wood Burning Fireplace
  • Pocket Doors
  • Living Room with Fireplace
  • Natural lighting in basement
  • Laundry on main level

Kitchen

  • Stone Countertops
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite

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

Listing and Financial Details

  • Assessor Parcel Number 53-05-33-306-015.000-005

Community Details

Recreation

  • Fitness Center

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,372

Year Built

Built in 2002

Lot Details

0

HOA Fees

$506 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Condo/Villa
  • Year Built: 2002
  • Age: 19
  • 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: 013-22600-36 LOCKERBIE COURT UNIT 306
  • Parcel Number ID: 53-05-33-306-015.000-005
  • Platted: Yes
  • Amenities: Countertops-Stone, Garage Door Opener, Pocket Doors, Main Level Bedroom Suite, Main Floor Laundry, Custom Cabinetry
  • Location: City/Town/Suburb, Near College Campus, Near Walking Trail
  • Sp Lp Percent: 103.41
  • Year Taxes Payable: 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 1657
  • Total Finished Sq Ft: 1657
  • Above Grade Finished Sq Ft: 1657
  • Price Per Sq Ft: 276.46
  • Basement Foundation: Daylight
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Wood Burning
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet, Tile
  • Living Great Room: Dimensions: 25x13, On Level: Main
  • Kitchen: Dimensions: 11x11, On Level: Main
  • Dining Room: Dimensions: 14x12, On Level: Main
  • Bedroom 1: Dimensions: 13x13, On Level: Main
  • Bedroom 2: Dimensions: 12x10, On Level: Main
  • Bedroom 3: Dimensions: 12x10, On Level: Main
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Brick
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 1
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: Mainx6, On Level: 8

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 506
  • 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: Corner

Tax Info

  • Annual Taxes: 3372

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
Oct 24, 2021
Closed on
Nov 17, 2021
Sold by
Amerson Philip A and Amerson Elaine M
Bought by
Skirvin Theodore A and Skirvin Elizabeth S
Seller's Agent
Shane Gibson
Sweet Maple Realty
Buyer's Agent
Andy Walker
RE/MAX Acclaimed Properties
List Price
$443,000
Sold Price
$458,100
Premium/Discount to List
$15,100
3.41%
Current Estimated Value
$641,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,218
Avg. Annual Appreciation
8.96%

Purchase Details

Listed on
May 10, 2016
Closed on
Feb 16, 2017
Sold by
Kim Stanley I
Bought by
Philip A Amerson Trustee and Elaine M. Amerson Trustee
Seller's Agent
Matthew Cole
RE/MAX Acclaimed Properties
Buyer's Agent
Matthew Cole
RE/MAX Acclaimed Properties
List Price
$349,000
Sold Price
$320,000
Premium/Discount to List
-$29,000
-8.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.85%

Purchase Details

Listed on
May 10, 2016
Closed on
Feb 14, 2017
Sold by
Kim Stanley I and Kim Shyna Suh
Bought by
Amerson Philip A and Amerson Elaine M
Seller's Agent
Matthew Cole
RE/MAX Acclaimed Properties
Buyer's Agent
Matthew Cole
RE/MAX Acclaimed Properties
List Price
$349,000
Sold Price
$320,000
Premium/Discount to List
-$29,000
-8.31%

Purchase Details

Closed on
Apr 14, 2006
Sold by
Harrell Joe Richard
Bought by
Kim Stanley I and Kim Shyna Suh
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
Skirvin Theodore A $458,100 None Available
Philip A Amerson Trustee $320,000 --
Amerson Philip A -- None Available
Kim Stanley I -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/17/2021 11/17/21 Sold $458,100 +3.4% $276 / Sq Ft
10/24/2021 10/24/21 For Sale $443,000 +38.4% $267 / Sq Ft
02/16/2017 02/16/17 Sold $320,000 -8.3% $193 / Sq Ft View Prior Sale
07/14/2016 07/14/16 Pending -- -- --
05/10/2016 05/10/16 For Sale $349,000 -- $211 / 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 $10,829 $527,800 $0 $527,800
2023 $10,368 $488,700 $0 $488,700
2022 $8,623 $425,000 $0 $425,000
2021 $3,362 $320,000 $0 $320,000
2020 $3,372 $320,000 $0 $320,000
2019 $3,384 $320,000 $0 $320,000
2018 $3,285 $310,000 $0 $310,000
2017 $3,186 $300,000 $0 $300,000
2016 $5,819 $280,000 $0 $280,000
2014 $5,840 $280,000 $0 $280,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202144734

Indiana Regional MLS

APN: 53-05-33-306-015.000-005