NOT LISTED FOR SALE

501 S Park Square Dr Bloomington, IN 47403

Estimated Value: $255,358 - $277,000

2 Beds
1 Bath
1,942 Sq Ft
$137/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $185,000 $95 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,778/month

75 Days on Market

Highlights

  • 1 Car Attached Garage
  • Eat-In Kitchen
  • Luxury Vinyl Tile Flooring
  • Bloomington High School North Rated A
  • Laundry in Utility Room
  • Forced Air Heating and Cooling System

About This Home

As of August 2020

Great Investment property, 2 bedroom and 1 bath, long term and good tenants. Updated and very well maintained. Property can be a package deal, 5 other duplexes for sale 4 on Park Square and 1 on Hickory Grove Lane

Last Agent to Sell the Property

Janet Lane

Century 21 Scheetz - Bloomington Listed on: 06/06/2020

Century 21 Scheetz - Bloomington

Last Buyer's Agent

Janet Lane

Century 21 Scheetz - Bloomington Listed on: 06/06/2020

Century 21 Scheetz - Bloomington

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,941

Year Built

  • Built in 1993

Lot Details

  • 7,841 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,942 Sq Ft Home
  • 1-Story Property
  • Storm Doors
  • Eat-In Kitchen
  • Laundry in Utility Room

Flooring

  • Carpet
  • Laminate
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Schools

  • Highland Park Elementary School
  • Batchelor Middle School
  • Bloomington North High School

Utilities

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

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for lawn maintenance
  • Assessor Parcel Number 53-09-01-203-020.000-016

Community Details

Overview

  • 2 Units
  • Highland Village Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Maintenance Expense $500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,941

Year Built

Built in 1993

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1993
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 017-01270-06 Highland Duplexes Lot 8
  • Parcel Number ID: 53-09-01-203-020.000-016
  • Platted: Yes
  • Amenities: Deck Open, Eat-In Kitchen, Garage Door Opener, Storm Doors, Water Heater Gas
  • Special Features: None

Interior Features

  • Total Sq Ft: 1942
  • Total Finished Sq Ft: 1942
  • Above Grade Finished Sq Ft: 1942
  • Basement Foundation: Slab
  • Flooring: Carpet, Laminate, Vinyl Tile
  • Number Of Disposals: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Shingle
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Off Street, Private

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: Public
  • Annual Maintenance Expense: 500
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 2

Schools

  • Elementary School: Highland Park

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 74x0
  • Estimated Lot Sq Ft: 7841
  • Estimated Lot Size Acres: 0.18

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Lawn Maintenance
  • Tenant Pays: Electric, Fuel

Tax Info

  • Annual Property Tax: 2941

Multi Family

  • Number Of Dishwashers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2020
Closed on
Aug 31, 2020
Sold by
Kelly Davis
Bought by
Robert Faucher
Seller's Agent
Janet Lane
Century 21 Scheetz - Bloomington
Buyer's Agent
Janet Lane
Century 21 Scheetz - Bloomington
List Price
$178,000
Sold Price
$185,000
Premium/Discount to List
$7,000
3.93%
Current Estimated Value
$265,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,840
Avg. Annual Appreciation
6.76%
Interest Rate
2.91%

Purchase Details

Listed on
Jun 6, 2020
Closed on
Aug 21, 2020
Sold by
K & M Rental Property Management Llc
Bought by
Faucher Robert J
Seller's Agent
Janet Lane
Century 21 Scheetz - Bloomington
Buyer's Agent
Janet Lane
Century 21 Scheetz - Bloomington
List Price
$178,000
Sold Price
$185,000
Premium/Discount to List
$7,000
3.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
2.91%

Purchase Details

Closed on
Jan 3, 2017
Sold by
Davis Kelly Ann
Bought by
K & M Rental Property Management Llc

Purchase Details

Closed on
Oct 11, 2016
Sold by
Cpw Properties Llc
Bought by
Davis Kelly Ann and Claeys Martin George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.47%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Robert Faucher $185,000 --
Faucher Robert J -- None Available
K & M Rental Property Management Llc -- None Available
Davis Kelly Ann -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Robert Faucher --
Previous Owner Davis Kelly Ann $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2020 08/31/20 Sold $185,000 -1.1% $95 / Sq Ft
08/20/2020 08/20/20 Pending -- -- --
06/18/2020 06/18/20 Price Changed $187,000 +5.1% $96 / Sq Ft
06/06/2020 06/06/20 For Sale $178,000 -- $92 / Sq Ft
Source: Indiana Regional MLS

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
2025 $4,734 $236,100 $50,000 $186,100
2024 $4,734 $227,500 $43,000 $184,500
2023 $4,854 $225,700 $43,000 $182,700
2022 $3,983 $193,600 $30,000 $163,600
2021 $3,525 $168,600 $30,000 $138,600
2020 $3,084 $147,100 $20,000 $127,100
2019 $2,870 $136,500 $20,000 $116,500
2018 $2,942 $139,600 $20,000 $119,600
2017 $2,915 $138,000 $20,000 $118,000
2016 $3,085 $146,200 $20,000 $126,200
2014 $3,184 $150,300 $20,000 $130,300
Source: Public Records

Agents Affiliated with this Home

  • Janet Lane

    Seller's Agent in 2020

    Janet Lane

    Century 21 Scheetz - Bloomington

    (812) 336-2100

    120 Total Sales

    Janet Lane
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202020987

Indiana Regional MLS

APN: 53-09-01-203-020.000-016

Indiana Monroe County Bloomington 47403

501 S Park Square Dr, Bloomington, IN

Not Listed for Sale

MultiFamily

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 Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Based on information submitted to the MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.