NOT LISTED FOR SALE

500 N Walnut St Unit 404 Bloomington, IN 47404

Estimated Value: $875,000 - $1,219,000

3 Beds
2.5 Baths
3,200 Sq Ft
$1,018/mo HOA Fee

Last Sold June 10, 2021

Last sale price $800,000 $250 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $8,235/month

127 Days on Market

Highlights

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

About This Home

As of June 2021

One of downtown Bloomington’s finest addresses. Don’t miss this wonderful penthouse unit of over 3,200 luxurious square feet! From the inviting marble tiled entry way you move into the huge kitchen/dining/great room space of over 1,100 square feet...REFINISHED hardwood floors, gas fireplace, and room for everyone and everything. The kitchen has lots of cherry cabinets with stunning, light colored granite countertops, high end stainless appliances by KitchenAid including a 5 burner gas cooktop, double oven with microwave, side/side refrigerator, wine fridge and a pantry. There are 3 very large bedrooms, 2 guest rooms share a spacious jack and jill bath, the mammoth master suite includes his and hers walk-in closets, ensuite bath & a private balcony. In addition to the 3 bedrooms there is a study off of the entry hall which could accommodate a sleeper sofa for occasional guests and an adjoining half bath. Every square ft of this home is well appointed and ready to occupy. Lockerbie homes include: a storage space on the garage level, a workout room and when open a roof patio with fabulous views of the IU campus and downtown Bloomington.

Last Agent to Sell the Property

Mary Willman

Jason Millican Group Listed on: 12/24/2020

Last Buyer's Agent

Mary Willman

Jason Millican Group Listed on: 12/24/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,410

Year Built

  • Built in 2002

Lot Details

  • 218

HOA Fees

  • $1,018 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • 3,200 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Tray Ceiling
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace

Kitchen

  • Breakfast Bar
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Double Vanity

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 53-05-33-306-029.000-005

Community Details

Recreation

  • Fitness Center

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,410

Year Built

Built in 2002

Lot Details

0

HOA Fees

$1,018 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Condo/Villa
  • Year Built: 2002
  • Age: 19
  • Style: One Story
  • 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: Lockerbie Court Unit 404
  • Parcel Number ID: 53-05-33-306-029.000-005
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Balcony, Breakfast Bar, Ceiling-Tray, Closet(s) Walk-in, Foyer Entry, Open Floor Plan, Twin Sink Vanity, Great Room, Custom Cabinetry
  • Location: City/Town/Suburb
  • Sp Lp Percent: 94.12
  • Year Taxes Payable: 2020
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 3200
  • Total Finished Sq Ft: 3200
  • Above Grade Finished Sq Ft: 3200
  • Price Per Sq Ft: 250
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet, Ceramic Tile
  • Living Great Room: Dimensions: 22x29, On Level: Main
  • Kitchen: Dimensions: 11x17, On Level: Main
  • Dining Room: Dimensions: 18x16, On Level: Main
  • Den: Dimensions: 12x14, On Level: Main
  • Bedroom 1: Dimensions: 19x18, On Level: Main
  • Bedroom 2: Dimensions: 10x12, On Level: Main
  • Bedroom 3: Dimensions: 13x12, On Level: Main
  • Other Room1: Foyer, Dimensions: 13x11, On Level: Main
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Brick, Stone
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: Mainx10, On Level: 4

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 1017.88
  • 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: Irregular

Tax Info

  • Annual Taxes: 5410.4

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
Dec 24, 2020
Closed on
Jun 10, 2021
Sold by
Karl Jakub
Bought by
Shields S Machelle S and Shields Stephen L
Seller's Agent
Mary Willman
Jason Millican Group
Buyer's Agent
Mary Willman
Jason Millican Group
List Price
$950,000
Sold Price
$800,000
Premium/Discount to List
-$150,000
-15.79%
Current Estimated Value
$1,012,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,799
Avg. Annual Appreciation
5.83%
Original Mortgage
$480,000
Outstanding Balance
$437,410
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$575,694

Purchase Details

Listed on
Nov 29, 2018
Closed on
Jan 16, 2019
Sold by
Searles Richard C
Bought by
Karl Jakub
List Price
$875,000
Sold Price
$750,000
Premium/Discount to List
-$125,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.73%

Purchase Details

Closed on
Aug 13, 2010
Sold by
Henke Steven H
Bought by
Searles Richard C

Purchase Details

Closed on
Dec 1, 2005
Sold by
Atd Investments Llc
Bought by
Henke Steven H
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
Shields S Machelle S -- None Available
Karl Jakub $750,000 Titleplus
Searles Richard C -- None Available
Henke Steven H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shields S Machelle S $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2021 06/10/21 Sold $800,000 -5.9% $250 / Sq Ft
02/21/2021 02/21/21 Price Changed $850,000 -10.5% $266 / Sq Ft
12/24/2020 12/24/20 For Sale $950,000 +26.7% $297 / Sq Ft
01/16/2019 01/16/19 Sold $750,000 -14.3% $234 / Sq Ft
11/29/2018 11/29/18 For Sale $875,000 -- $273 / 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 $20,386 $993,600 $0 $993,600
2023 $19,518 $920,000 $0 $920,000
2022 $16,232 $800,000 $0 $800,000
2021 $7,390 $700,000 $0 $700,000
2020 $7,415 $700,000 $0 $700,000
2019 $5,410 $510,000 $0 $510,000
2018 $10,537 $500,000 $0 $500,000
2017 $10,560 $500,000 $0 $500,000
2016 $10,392 $500,000 $0 $500,000
2014 $10,429 $500,000 $0 $500,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202049814

Indiana Regional MLS

APN: 53-05-33-306-029.000-005