NOT LISTED FOR SALE

501 E 1st St Bloomington, IN 47401

Elm Heights Neighborhood

Estimated Value: $386,512 - $494,000

4 Beds
2 Baths
1,600 Sq Ft
$267/Sq Ft Est. Value

Last Sold April 24, 2015

Last sale price $250,000 $156 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,824/month

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • Binford Elementary School Rated A
  • 2 Car Detached Garage

About This Home

As of November 2022

AVAILABLE AUGUST 2023! Beautiful, large 4 bedroom, 2 bath home in an excellent location! This property features a covered front porch, back deck with built-in seating, garage, large living room and dining room, hardwood floors, washer/dryer, dishwasher, basement, lawn care, snow removal, & 24-hour maintenance!

Last Agent to Rent the Property

Kelly Jones

Partners Realty Group Listed on: 08/12/2022

Last Renter's Agent

Kelly Jones

Partners Realty Group Listed on: 08/12/2022

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1937

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 48 x 132
  • Irregular Lot

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Shingle Roof

Interior Spaces

  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms

Unfinished Basement

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

Outdoor Features

  • Covered Patio or Porch

Schools

  • Rogers/Binford Elementary School
  • Batchelor Middle School
  • Bloomington South High School

Utilities

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

Community Details

  • Southeast Bloomington City Subdivision

Listing and Financial Details

  • Security Deposit $3,200
  • $35 Application Fee
  • Assessor Parcel Number 53--0-8--04--218.-00-6.0

Home Details

Home Type

Single Family

Year Built

Built in 1937

Lot Details

0

Parking

2

Rental Info

  • Lease Term: 1 Year
  • Application Fee: 35
  • Pet Fee: 300
  • Security Deposit: 3200

Listing Details

  • Class: RESIDENTIAL FOR LEASE
  • Property Sub Type: Site-Built Home
  • Year Built: 1937
  • Style: Two Story
  • Architectural Style: Foursquare
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 015-37220-00 Potters Park Lot 12
  • Parcel Number ID: 53--0-8--04--218.-00-6.0
  • Amenities: Deck Open, Porch Covered
  • Inside City Limits: Yes
  • Location: Near College Campus
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2800
  • Total Finished Sq Ft: 1600
  • Above Grade Finished Sq Ft: 1600
  • Below Grade Sq Ft: 1200
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Block
  • Flooring: Carpet, Hardwood Floors, Laminate
  • Living Great Room: Dimensions: 15x14, On Level: Main
  • Kitchen: Dimensions: 12x9, On Level: Main
  • Dining Room: Dimensions: 14x13, On Level: Main
  • Bedroom 1: Dimensions: 12x12, On Level: Upper
  • Bedroom 2: Dimensions: 12x10, On Level: Upper
  • Bedroom 3: Dimensions: 12x11, On Level: Upper
  • Bedroom 4: Dimensions: 11x11, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1200

Exterior Features

  • Roof Material: Shingle
  • Outbuilding1: None
  • Outbuilding2: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x20
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • Elementary School: Rogers/Binford

Lot Info

  • Lot Description: Irregular
  • Lot Dimensions: 48 x 132
  • Estimated Lot Sq Ft: 6098
  • Estimated Lot Size Acres: 0.14

MLS Schools

  • High School: Bloomington South
  • Middle School: Batchelor
  • School District: Monroe County Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 2019
Sold by
Millham Realty Inc
Bought by
College Rentals Inc
Current Estimated Value
$430,528
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
College Rentals Inc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/29/2022 11/29/22 Rented $3,200 0.0% --
08/12/2022 08/12/22 For Rent $3,200 +3.2% --
12/28/2021 12/28/21 Rented $3,100 0.0% --
06/28/2021 06/28/21 For Rent $3,100 +3.3% --
01/29/2021 01/29/21 Rented $3,000 0.0% --
08/20/2020 08/20/20 For Rent $3,000 0.0% --
04/13/2020 04/13/20 Rented $3,000 0.0% --
09/15/2019 09/15/19 For Rent $3,000 0.0% --
04/24/2015 04/24/15 Sold $250,000 0.0% $156 / Sq Ft View Prior Sale
04/24/2015 04/24/15 Pending -- -- --
04/24/2015 04/24/15 For Sale $250,000 -- $156 / 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 $7,053 $344,500 $123,900 $220,600
2023 $3,640 $344,000 $123,900 $220,100
2022 $6,220 $307,200 $107,700 $199,500
2021 $5,333 $257,300 $94,000 $163,300
2020 $5,062 $244,900 $94,000 $150,900
2019 $5,112 $243,100 $59,800 $183,300
2018 $4,730 $224,400 $55,200 $169,200
2017 $4,495 $212,800 $55,200 $157,600
2016 $4,438 $213,800 $55,200 $158,600
2014 $4,322 $207,600 $50,600 $157,000
Source: Public Records

Agents Affiliated with this Home

  • Kelly Jones

    Landlord's Agent in 2022

    Kelly Jones

    Partners Realty Group

    (812) 606-6939

    7 in this area

    92 Total Sales

    Kelly Jones
    Section Image

  • T

    Seller's Agent in 2015

    Thomas Gallagher

    Bloomington Residential and Commercial

    (812) 333-5252

    1 in this area

    16 Total Sales

    Thomas Gallagher
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202233623

Indiana Regional MLS

APN: 53-08-04-218-006.000-009

Indiana Monroe County Bloomington 47401 Elm Heights

501 E 1st St, Bloomington, IN

Not Listed for Sale

Detached

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