NOT LISTED FOR SALE

500 N Walnut St Unit 403 Bloomington, IN 47404

Estimated Value: $666,080 - $745,000

3 Beds
2.5 Baths
2,319 Sq Ft
$700/mo HOA Fee

Last Sold November 30, 2021

Last sale price $550,000 $237 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,925/month

33 Days on Market

Highlights

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

About This Home

As of November 2021

Gorgeous top floor, fully furnished 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. The 2300+ sq. ft. is open and spacious, along with the pool table, provides a great place to entertain. Open the doors to both balconies and enjoy the fresh, fall air and sip a cup of coffee while watching the sunrise over the treetops and skyline of campus. In the kitchen, your gas top stove double oven, and granite counter tops provide all the space you'll need for meal prep. The cherry cabinets and walk-in pantry offer plentiful storage. The condo has 3 beds and 2.5 baths (one bedroom currently used as a den). The en suite has custom cherry cabinets, stand up shower, separate jet tub, private balcony, and walk-in closet. This condo comes with four parking spaces, garage door openers, entry & elevator key fob, and a 10x10 storage unit. All furnishings, pool table, dishware, and wall decor are included in the sale. Showings start afternoon of Wednesday, Oct. 20.

Last Agent to Sell the Property

Shane Gibson

Sweet Maple Realty Listed on: 10/15/2021

Last Buyer's Agent

Shane Gibson

Sweet Maple Realty Listed on: 10/15/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,410

Year Built

  • Built in 2002

Lot Details

  • 218

HOA Fees

  • $700 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,319 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • 1 Fireplace
  • Entrance Foyer
  • Natural lighting in basement
  • Intercom

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Stone Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom

Schools

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

Utilities

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

Additional Features

  • Balcony
  • Backs to Open Ground
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 53-05-33-306-009.000-005

Community Details

Recreation

  • Fitness Center

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,410

Year Built

Built in 2002

Lot Details

0

HOA Fees

$700 per month

Parking

4

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Condo/Villa
  • Year Built: 2002
  • Style: One Story
  • Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: 013-22600-43 LOCKERBIE COURT UNIT 403
  • Parcel Number ID: 53-05-33-306-009.000-005
  • Platted: Yes
  • Amenities: Balcony, Breakfast Bar, Closet(s) Walk-in, Countertops-Stone, Foyer Entry, Garage Door Opener, Intercom, Open Floor Plan, Pantry-Walk In, Main Level Bedroom Suite, Jack & Jill Bath
  • Cross Street: 9th St.
  • Location: City/Town/Suburb, Near College Campus
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2319
  • Total Finished Sq Ft: 2319
  • Above Grade Finished Sq Ft: 2319
  • Basement Foundation: Daylight
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Living Great Room: Dimensions: 22x15, On Level: Main
  • Kitchen: Dimensions: 17x12, On Level: Main
  • Dining Room: Dimensions: 12x12, On Level: Main
  • Bedroom 1: Dimensions: 18x18, On Level: Main
  • Bedroom 2: Dimensions: 17x12, On Level: Main
  • Bedroom 3: Dimensions: 12x12, On Level: Main
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Brick
  • Outbuilding1: Outbuilding, Dimensions: 10x10

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 4
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: Mainx6, On Level: 11

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 700
  • Association Fees Frequency: Monthly
  • Common Amenities: Exercise Room

Schools

  • Elementary School: University

Lot Info

  • Lot Description: Corner

Tax Info

  • Annual Taxes: 8410.4

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 15, 2021
Closed on
Nov 30, 2021
Sold by
Veldman Mark
Bought by
Amerson Philip A and Amerson Elaine M
Seller's Agent
Shane Gibson
Sweet Maple Realty
Buyer's Agent
Shane Gibson
Sweet Maple Realty
List Price
$599,000
Sold Price
$550,000
Premium/Discount to List
-$49,000
-8.18%
Current Estimated Value
$693,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,520
Avg. Annual Appreciation
6.11%
Original Mortgage
$230,000
Outstanding Balance
$179,796
Interest Rate
2.33%
Mortgage Type
New Conventional
Estimated Equity
$513,724

Purchase Details

Listed on
Sep 8, 2012
Closed on
Feb 19, 2013
Sold by
Eg Llc
Bought by
Veldman Mark
Seller's Agent
Susan Graves
Realty Professionals
Buyer's Agent
Susan Graves
Realty Professionals
List Price
$450,000
Sold Price
$440,000
Premium/Discount to List
-$10,000
-2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.57%

Purchase Details

Closed on
Sep 20, 2012
Sold by
Sunshine Properties Llc
Bought by
Eg Llc

Purchase Details

Closed on
Sep 4, 2008
Sold by
Hagos Ashenda
Bought by
Sunshine Properties Llc

Purchase Details

Closed on
Sep 4, 2007
Sold by
Nmd Holdings Llc
Bought by
Hagos Ashenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,900
Interest Rate
6.72%
Mortgage Type
New Conventional
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
Amerson Philip A $550,000 None Available
Veldman Mark -- None Available
Eg Llc -- None Available
Sunshine Properties Llc -- None Available
Hagos Ashenda -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amerson Philip A $230,000
Previous Owner Hagos Ashenda $416,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2021 11/30/21 Sold $550,000 -8.2% $237 / Sq Ft
10/15/2021 10/15/21 For Sale $599,000 +36.1% $258 / Sq Ft
02/22/2013 02/22/13 Sold $440,000 -2.2% $190 / Sq Ft View Prior Sale
01/29/2013 01/29/13 Pending -- -- --
09/08/2012 09/08/12 For Sale $450,000 -- $194 / 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 $7,135 $621,000 $0 $621,000
2023 $3,261 $575,000 $0 $575,000
2022 $5,542 $500,000 $0 $500,000
2021 $4,206 $400,000 $0 $400,000
2020 $8,254 $400,000 $0 $400,000
2019 $8,411 $400,000 $0 $400,000
2018 $8,219 $390,000 $0 $390,000
2017 $8,237 $390,000 $0 $390,000
2016 $8,105 $390,000 $0 $390,000
2014 $8,030 $385,000 $0 $385,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202143614

Indiana Regional MLS

APN: 53-05-33-306-009.000-005