$440,000
SOLD FEB 22, 2013

500 N Walnut St Unit 403 Bloomington, IN 47404

2 Beds
2.5 Baths
2,319 Sq Ft
$651/mo HOA Fee

Recently Sold

$190 Per Sq Ft

2% Below List Price

143 Days on Market

Highlights

  • Open Floorplan
  • Contemporary Architecture
  • Whirlpool Bathtub
  • University Elementary School Rated A
  • Backs to Open Ground
  • 5-minute walk to Bloomington Parks & Recreation

About This Home

As of November 2021

This is a beautiful, turn-key condominium in downtown Bloomington that awaits those desiring outstanding quality and location. It is conveniently located to all of the downtown attractions and within moments to Indiana University. This 2-bedroom suite with a study has many top quality features. The kitchen has cherry cabinetry with granite countertops and the stainless appliances provide a striking appearance upon entry. There is a breakfast bar for quick meals. The open floorplan and luxury finishes are sure to delight! The dining room and living room provide the perfect entertainment opportunities. There is a fireplace with gas logs. The master suite has a balcony of the side and a sumptuous master suite with jetted tub, custom shower, double vanities and cherry cabinetry.The second suite offers a full bath alongside. There is a study that is currently used as a family room area. The laundry includes the upscale washer and dryer with storage alongside. There is a powder room with mar

Last Agent to Sell the Property

Susan Graves

RE/MAX Realty Professionals Listed on: 09/08/2012

RE/MAX Realty Professionals

Last Buyer's Agent

Susan Graves

RE/MAX Realty Professionals Listed on: 09/08/2012

RE/MAX Realty Professionals

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,002

Year Built

  • Built in 2002

Lot Details

  • Backs to Open Ground
  • Landscaped

HOA Fees

  • $651 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Ranch Style House
  • Brick Exterior Construction
  • Stone Exterior Construction
  • Limestone

Interior Spaces

  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Gas Log Fireplace
  • Insulated Windows
  • Intercom

Kitchen

  • Breakfast Bar
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub with Shower
  • Separate Shower

Outdoor Features

  • Balcony
  • Patio

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 53-05-33-306-009.000-005

Community Details

Overview

  • Lockerbie Court Subdivision

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,002

Year Built

Built in 2002

Lot Details

0

HOA Fees

$651 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Condo/Villa
  • Year Built: 2002
  • Age: 11
  • Architectural Style: Contemporary, Ranch
  • Total Number of Rooms: 6
  • Bedrooms: 2
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: Condominium Unit #403 of Lockerbie Court Condos Horizontal Property Regime |
  • Parcel Number ID: 53-05-33-306-009.000-005
  • Platted: Yes
  • Amenities: Balcony, Breakfast Bar, Ceiling-9+, Closet(s) Walk-in, Countertops-Stone, Disposal, Fire Sprinkler System, Garage Door Opener, Jet Tub, Intercom, Landscaped, Open Floor Plan, Patio Open, Twin Sink Vanity, Stand Up Shower, Tub/Shower Combination
  • Location: Near College Campus
  • Zoning Description: RM-Residential Multifamily
  • Year Taxes Payable: 2011/2012
  • Special Features: None

Interior Features

  • Total Sq Ft: 2419
  • Total Finished Sq Ft: 2319
  • Above Grade Finished Sq Ft: 2319
  • Above Grade Unfinished Sq Ft: 100
  • Price Per Sq Ft: 189.74
  • Number Of Fireplaces: 1
  • Fireplace: Gas Log
  • Fireplace: Yes
  • Kitchen: Dimensions: 17x12, On Level: Main
  • Dining Room: Dimensions: 22x15, On Level: Main
  • Den: Dimensions: 12x12, On Level: Main
  • Bedroom 1: Dimensions: 18x18, On Level: Main
  • Bedroom 2: Dimensions: 17x12, On Level: Main
  • Main Level Sq Ft: 2319

Exterior Features

  • Exterior: Brick, Stone, Limestone

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fees: 1951.52
  • Association Fees Frequency: Quarterly
  • Other Fee Description: Includes condo insurance.... walls, floorcoverings

Schools

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

Green Features

  • Energy Efficient Windows/Doors: Insulated Glass Windows

Lot Info

  • Lot Dimensions: Condo

Tax Info

  • Annual Taxes: 7001.6

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
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
$724,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,069
Avg. Annual Appreciation
3.23%
Original Mortgage
$230,000
Outstanding Balance
$183,281
Interest Rate
2.33%
Mortgage Type
New Conventional
Estimated Equity
$437,153

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
RE/MAX Realty Professionals
Buyer's Agent
Susan Graves
RE/MAX 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 Type Sale Price Title Company
Deed $550,000 None Available
Warranty Deed -- None Available
Special Warranty Deed -- None Available
Warranty Deed -- None Available
Limited Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $230,000 New Conventional
Previous Owner $416,900 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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: 437357

Indiana Regional MLS

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