NOT LISTED FOR SALE

500 S Mitchell St Bloomington, IN 47401

Eastside Neighborhood

Estimated Value: $414,000 - $507,000

3 Beds
1.5 Baths
1,728 Sq Ft
$260/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $445,000 $258 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,958/month

9 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Central Air
  • Binford Elementary School Rated A
  • Built-in Bookshelves
  • Community Storage Space

About This Home

As of February 2024

Excellent investment opportunity! 2 blocks to campus!!! 3 bedroom with 3 occupancy permit. Zero vacancy rental history. Invest in Bloomington today!

Last Agent to Sell the Property

Chris Clark

Century 21 Scheetz - Bloomington Brokerage Phone: 812-322-1871 Listed on: 01/17/2024

Century 21 Scheetz - Bloomington

Last Buyer's Agent

Heather VanNess

FC Tucker/Bloomington REALTORS

FC Tucker/Bloomington REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,817

Year Built

  • Built in 1947

Lot Details

  • 6,970 Sq Ft Lot
  • Corner Lot

Home Design

  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Built-in Bookshelves
  • Washer Hookup

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 3 Parking Spaces
  • Public Parking
  • Gravel Driveway
  • On-Street Parking
  • Off-Street Parking

Location

  • Suburban Location

Schools

  • Rogers/Binford Elementary School
  • Tri-North Middle School
  • Bloomington South High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, heating, sewer, trash collection
  • The owner pays for building insurance, lawn maintenance, maintenance, snow removal, tax
  • Assessor Parcel Number 53-08-03-203-041.000-009

Community Details

Overview

  • 2 Buildings
  • Elm Heights Subdivision

Pet Policy

  • Pet Restriction

Additional Features

  • Community Storage Space
  • Insurance Expense $1,623

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,817

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1947
  • Age: 77
  • Style: Two Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: 015-00140-00 Hunter Park Lot 12
  • Parcel Number ID: 53-08-03-203-041.000-009
  • Platted: Yes
  • Amenities: Basement, Fireplace, Off Street Parking, Storage, Built-In Bookcase, Cable Available, Water Heater Gas, Washer Hook-Up
  • Inside City Limits: Yes
  • Location: City/Town/Suburb, Near College Campus
  • Sp Lp Percent: 97.2
  • Monthly Gross Income: 2725
  • Year Taxes Payable: 2023
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 2592
  • Total Finished Sq Ft: 1728
  • Above Grade Finished Sq Ft: 1728
  • Below Grade Sq Ft: 864
  • Price Per Sq Ft: 257.52
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Block
  • Flooring: Ceramic Tile, Wood
  • Total Below Grade Sq Ft: 864
  • Number Of Ranges Ovens: 1
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Asphalt
  • Stories: 2

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 3
  • Parking: Gravel, Off Street, Public, Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Water Company: Bloomington City Utility
  • Cable Company: Comcast
  • Annual Insurance Expense: 1623
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Monroe County Community School Corp.
  • Elementary School: Rogers/Binford
  • Middle School: Tri-North
  • High School: Bloomington South
  • Elementary School: Rogers/Binford

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 6970
  • Estimated Lot Size Acres: 0.16

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance, Snow Removal, Tax
  • Tenant Pays: Cable, Cooling, Electric, Heating, Sewer, Trash Collection

Multi Family

  • Gross Monthly Rent: 2725
  • Number Of Dishwashers: 1
  • Number Of Dryers: 1
  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Number Of Washers: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 4817

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2024
Closed on
Feb 29, 2024
Sold by
Clark Christopher B
Bought by
Screv Llc
Seller's Agent
Chris Clark
Century 21 Scheetz - Bloomington
Buyer's Agent
Heather VanNess
FC Tucker/Bloomington REALTORS
List Price
$457,800
Sold Price
$445,000
Premium/Discount to List
-$12,800
-2.8%
Views
53
Current Estimated Value
$449,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,765
Avg. Annual Appreciation
-1.05%

Purchase Details

Closed on
Apr 17, 2019
Sold by
B Town Properties Llc
Bought by
Clark Christopher B

Purchase Details

Closed on
Mar 29, 2017
Sold by
Clark Christopher B
Bought by
B Town Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.15%
Mortgage Type
Unknown
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
Screv Llc $445,000 John Bethel Title Company
Clark Christopher B -- None Available
B Town Properties Llc -- None Available
Clark Christopher B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner B Town Properties Llc $210,000
Previous Owner B Town Properties Llc $125,000
Previous Owner Clark Christopher B $176,692
Previous Owner Clark Christopher B $133,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $445,000 -2.8% $258 / Sq Ft
01/17/2024 01/17/24 For Sale $457,800 0.0% $265 / Sq Ft
11/25/2020 11/25/20 Rented $2,195 0.0% --
11/15/2020 11/15/20 For Rent $2,195 0.0% --
11/19/2019 11/19/19 Rented $2,195 0.0% --
10/21/2019 10/21/19 For Rent $2,195 -2.4% --
07/12/2019 07/12/19 Rented $2,250 0.0% --
09/26/2018 09/26/18 Under Contract -- -- --
08/16/2018 08/16/18 For Rent $2,250 +7.1% --
01/24/2018 01/24/18 Rented $2,100 -6.7% --
01/21/2018 01/21/18 Under Contract -- -- --
08/31/2017 08/31/17 For Rent $2,250 +7.1% --
12/15/2016 12/15/16 Rented $2,100 +11.1% --
12/10/2016 12/10/16 Under Contract -- -- --
04/26/2016 04/26/16 For Rent $1,890 0.0% --
04/21/2016 04/21/16 Rented $1,890 0.0% --
04/20/2016 04/20/16 Under Contract -- -- --
03/22/2016 03/22/16 For Rent $1,890 -- --
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 $6,318 $308,600 $109,400 $199,200
2023 $3,242 $306,400 $109,400 $197,000
2022 $5,509 $272,100 $95,100 $177,000
2021 $4,811 $232,100 $89,400 $142,700
2020 $4,783 $231,400 $85,600 $145,800
2019 $4,817 $229,100 $66,600 $162,500
2018 $4,499 $213,500 $54,500 $159,000
2017 $4,289 $203,100 $54,500 $148,600
2016 $3,946 $190,100 $54,500 $135,600
2014 $4,012 $192,700 $59,900 $132,800
Source: Public Records

Agents Affiliated with this Home

  • Chris Clark

    Seller's Agent in 2024

    Chris Clark

    Century 21 Scheetz - Bloomington

    (812) 322-1871

    2 in this area

    54 Total Sales

    Chris Clark
    Section Image
  • Heather VanNess

    Buyer's Agent in 2024

    Heather VanNess

    FC Tucker/Bloomington REALTORS

    (812) 325-3032

    1 in this area

    46 Total Sales

    Heather VanNess
    Section Image

  • C

    Seller's Agent in 2020

    Chuck Edwards

    Jason Millican Group

    (317) 372-9999

    3 Total Sales

    Chuck Edwards
    Section Image
  • Kelly Jones

    Seller's Agent in 2019

    Kelly Jones

    Partners Realty Group

    (812) 606-6939

    4 in this area

    103 Total Sales

    Kelly Jones
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202401732

Indiana Regional MLS

APN: 53-08-03-203-041.000-009

Indiana Monroe County Bloomington 47401 Eastside

500 S Mitchell St, Bloomington, IN

This home is located at 500 S Mitchell St, Bloomington, IN 47401 since 17 January 2024 and is currently estimated at $449,765, approximately $260 per square foot. This property was built in 1947. 500 S Mitchell St is a home located in Monroe County with nearby schools including Binford Elementary School, Rogers Elementary School, and Jackson Creek Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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