501 E Grove St Bloomington, IL 61701
Dimmitt's Grove NeighborhoodEstimated payment $1,693/month
Highlights
- Traditional Architecture
- Paved or Partially Paved Lot
- 4-minute walk to Bloomington Parks & Recreation
- Ceiling Fan
About This Home
Fantastic Investment opportunity with this 4-unit apartment building in Beautiful and Historic Dimmit's Grove! Great Cashflow already with tons of room to increase.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,532
Year Built
- Built in 1904 | Remodeled in 2020
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 60x 142
- Paved or Partially Paved Lot
- Level Lot
Parking
- 1 Car Garage
- Driveway
- Parking Included in Price
- Unassigned Parking
Home Design
- Traditional Architecture
- Victorian Architecture
- Asphalt Roof
Interior Spaces
- Ceiling Fan
- Basement Fills Entire Space Under The House
- Carbon Monoxide Detectors
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Potential Bedrooms
- 6 Bathrooms
Schools
- Sheridan Elementary School
- Bloomington Jr High Middle School
- Bloomington High School
Utilities
- Heating System Uses Natural Gas
Community Details
- 4 Units
- Dimmitts Grove Subdivision
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,203 | $43,560 | $8,482 | $35,078 |
| 2022 | $3,203 | $37,684 | $7,338 | $30,346 |
| 2021 | $2,932 | $34,497 | $6,717 | $27,780 |
| 2020 | $2,812 | $33,171 | $6,459 | $26,712 |
| 2019 | $2,803 | $33,171 | $6,459 | $26,712 |
| 2018 | $2,792 | $33,171 | $6,459 | $26,712 |
| 2017 | $2,793 | $33,171 | $6,459 | $26,712 |
| 2016 | $2,788 | $33,171 | $6,459 | $26,712 |
| 2015 | $2,780 | $33,171 | $6,459 | $26,712 |
| 2014 | $2,692 | $33,171 | $6,459 | $26,712 |
| 2013 | -- | $33,171 | $6,459 | $26,712 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/07/2025 06/07/25 | For Sale | $250,000 | +25.1% | -- |
| 03/06/2024 03/06/24 | Sold | $199,900 | 0.0% | -- |
| 02/03/2024 02/03/24 | Pending | -- | -- | -- |
| 02/01/2024 02/01/24 | For Sale | $199,900 | +96.0% | -- |
| 01/14/2019 01/14/19 | Sold | $102,000 | -2.9% | -- |
| 11/17/2018 11/17/18 | Pending | -- | -- | -- |
| 11/09/2018 11/09/18 | For Sale | $105,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $200,000 | None Listed On Document | |
| Warranty Deed | $102,000 | Frontier Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $81,600 | No Value Available | |
| Previous Owner | $97,500 | New Conventional |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12387401
APN: 21-04-419-001
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