NOT LISTED FOR SALE

5050 E Heritage Woods Rd Bloomington, IN 47401

Estimated Value: $759,000 - $901,000

5 Beds
3.5 Baths
2,840 Sq Ft
$298/Sq Ft Est. Value

Last Sold May 19, 2021

Last sale price $716,000 $252 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,926/month

3 Days on Market

Highlights

  • Home fronts a creek
  • Updated Kitchen
  • Vaulted Ceiling
  • Binford Elementary School Rated A
  • Mature Trees
  • Ranch Style House

About This Home

As of May 2021

Updated, sprawling all-brick 4BR/3.5BA ranch w/ full BSMT on 2.7 wooded acres, just 2 miles from campus. Main floor has large LR, DR, FR, KITCH, breakfast nook, craft/laundry rm, 1/2 bath, owner's suite w/ Japanese soaking tub & zero threshold shower & 3 addt'l spacious beds w/ full guest bath. Massive patio overlooks the yard & woods beyond. Lower level has in-law suite w/ separate living area & entrance. Huge second family rm, small den w/ shelves & 2 huge storage rooms complete the lower level. A storm room exists below the patio (not in sq ft). Sycamore Land Trust trails exist to both the east & west. Storied history of this home includes past ownership by Doc Councilman & Bobby Knight. Olympian Mark Spitz also resided in lower level.

Last Agent to Sell the Property

Non-BLC Member

MIBOR REALTOR® Association Listed on: 03/29/2021

Last Buyer's Agent

Chanda Johnson

Maywright Property Co. License #RB14046367

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,858

Year Built

  • Built in 1968

Lot Details

  • 2.74 Acre Lot
  • Home fronts a creek
  • Mature Trees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • Built-in Bookshelves
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Entrance Foyer
  • Storage
  • Fire and Smoke Detector

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Sump Pump
  • Basement Window Egress

Outdoor Features

  • Patio
  • Playground

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater
  • High Speed Internet

Community Details

  • Property has a Home Owners Association
  • Heritage Subdivision

Listing and Financial Details

  • Tax Lot 72
  • Assessor Parcel Number 530706200043000014

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,858

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1968
  • Building Area Total: 5180
  • Garage Y N: Yes
  • Lot Size Acres: 2.74
  • Subdivision Name: Heritage
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Lifestyles: Other/See Remarks
  • MBR_AttributionContact: noreply@mibor.com
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Finished, Walk Out, Egress Window(s), Sump Pump
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Electric Oven, Range Hood, Refrigerator, Washer, Kitchen Exhaust, Electric Water Heater
  • Levels: One
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 2106
  • Fireplace Features: Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Built In Book Shelves, Raised Ceiling(s), Walk-in Closet(s), Hardwood Floors, Skylight(s), Supplemental Storage, Breakfast Bar, Bath Sinks Double Main, Eat-in Kitchen, Entrance Foyer, Hi-Speed Internet Availbl, In-Law Arrangement, Center Island, Pantry
  • Living Area: 2840
  • Other Equipment: Smoke Alarm
  • Areas Interior: Bedroom Other on Main
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 2840
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 0
  • SqFt Total: 5180

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Playset
  • Foundation Details: Block, Full
  • Patio And Porch Features: Open Patio
  • Waterfront Features: Creek

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Asphalt, Attached, Garage Door Opener
  • Garage Parking Other: Service Door

Utilities

  • Utilities: Gas
  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: Yes
  • H O A Disclosures: Covenants & Restrictions,Rules & Regulations,Other Assessments

Lot Info

  • Lot Features: Mature Trees
  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Lot Size Sq Ft: 119354
  • Parcel Number: 530706200043000014
  • Acres: 1-3 Acres

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 4858
  • Tax Lot: 72
  • Semi Annual Property Tax Amt: 2429
  • Tax Exemption: Homestead Tax Exemption,Other Tax Exemption/See Remarks

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2021 05/19/21 Sold $716,000 +12.8% $252 / Sq Ft
04/19/2021 04/19/21 Pending -- -- --
03/29/2021 03/29/21 For Sale $635,000 -- $224 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $6,408 $842,500 $74,300 $768,200
2023 $5,556 $731,600 $64,600 $667,000
2022 $5,123 $670,400 $64,600 $605,800
2021 $2,608 $351,100 $64,600 $286,500
2020 $2,429 $333,200 $64,600 $268,600
2019 $2,437 $333,200 $64,600 $268,600
2018 $2,641 $355,600 $64,600 $291,000
2017 $2,618 $348,200 $63,100 $285,100
2016 $2,542 $344,500 $63,100 $281,400
2014 $2,478 $338,900 $63,100 $275,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21798911

MIBOR Broker Listing Cooperative®

APN: 53-07-06-200-043.000-014