NOT LISTED FOR SALE

508 S Cory Ln Bloomington, IN 47403

Estimated Value: $194,000 - $233,602

3 Beds
1 Bath
1,338 Sq Ft
$153/Sq Ft Est. Value

Last Sold December 09, 2024

Last sale price $180,000 $135 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,340/month

13 Days on Market

Highlights

  • Screened Porch
  • Formal Dining Room
  • Bungalow
  • Tri-North Middle School Rated A
  • 2 Car Detached Garage
  • 1-Story Property

About This Home

As of December 2024

Discover the potential in this charming 3 bedroom bungalow situated on a generous 1.5-acre lot. Zoned RS 3.5 with the prospect to subdivide. The adjacent property is zoned CA which also allows the possibility of rezoning for multi-unit development. The opportunities here are boundless. This bungalow offers a versatile canvas with its timeless appeal, it could serve as a fantastic rental income source or be transformed into an owner-occupied home. Conveniently located close to downtown, west side shopping, and easy access to I69, this property boasts a prime location. Additionally, the property features a detached 576 square foot two-car garage, built in 1996, a screened-in front porch and a fenced-in rear and side yard. Don't miss your chance to explore the potential and possibilities of this property.

Last Agent to Sell the Property

Gigi Larmour-Goldin

RE/MAX Acclaimed Properties Brokerage Phone: 812-327-5608 Listed on: 10/30/2024

RE/MAX Acclaimed Properties

Last Buyer's Agent

Steph DiVohl

Cornerstone Realtors

Cornerstone Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,701

Year Built

  • Built in 1914

Lot Details

  • 1.5 Acre Lot
  • Zoning described as RS 3.5

Parking

  • 2 Car Detached Garage
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Bungalow
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Living Room with Fireplace
  • Formal Dining Room
  • Screened Porch
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer Hookup

Schools

  • Fairview Elementary School
  • Batchelor Middle School
  • Bloomington South High School

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 53-08-06-100-037.000-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,701

Year Built

Built in 1914

Lot Details

1.5 Acres

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1914
  • Style: One Story
  • Architectural Style: Bungalow
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 014-09880-00 Seminary Pt Lot 181 (1.5 Acres)
  • Parcel Number ID: 53-08-06-100-037.000-008
  • Platted: Yes
  • Amenities: Porch Screened, Formal Dining Room, Main Floor Laundry, Washer Hook-Up
  • Cross Street: 2nd/3rd Streets
  • Investment Property: Yes
  • Zoning Description: RS 3.5
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2358
  • Total Finished Sq Ft: 1338
  • Above Grade Finished Sq Ft: 1338
  • Below Grade Sq Ft: 1020
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, One
  • Fireplace: Yes
  • Living Great Room: Dimensions: 32x13, On Level: Main
  • Kitchen: Dimensions: 14x10, On Level: Main
  • Dining Room: Dimensions: 14x12, On Level: Main
  • Bedroom 1: Dimensions: 21x9, On Level: Main
  • Bedroom 2: Dimensions: 11x11, On Level: Main
  • Bedroom 3: Dimensions: 10x10, On Level: Main
  • Other Room1: Screened Porch, Dimensions: 23x9, On Level: Main
  • Main Level Sq Ft: 1338
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1020

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None

Garage/Parking

  • Driveway: Asphalt, Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x24
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: Mainx5, On Level: 7

Schools

  • Elementary School: Fairview

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 65340
  • Estimated Lot Size Acres: 1.5

Tax Info

  • Annual Taxes: 2701.16

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

Listed on
Oct 30, 2024
Closed on
Dec 6, 2024
Sold by
Koeppen Julie L
Bought by
Stewart Mary
Seller's Agent
Gigi Larmour-Goldin
RE/MAX Acclaimed Properties
Buyer's Agent
Steph DiVohl
Cornerstone Realtors
List Price
$200,000
Sold Price
$180,000
Premium/Discount to List
-$20,000
-10%
Views
14
Current Estimated Value
$204,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,040
Avg. Annual Appreciation
10.57%

Purchase Details

Closed on
Apr 30, 2020
Sold by
Virginia G Koeppen Credit Shelter Trust
Bought by
Koeppen Julie L

Purchase Details

Closed on
Oct 10, 2007
Sold by
Koeppen Harry E
Bought by
Koeppen Harry E and Irwin Union Bank & Trust Co
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Stewart Mary $180,000 Titleplus
Koeppen Julie L -- None Available
Koeppen Harry E -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2024 12/09/24 Sold $180,000 -10.0% $135 / Sq Ft
10/30/2024 10/30/24 For Sale $200,000 -- $149 / 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 $2,998 $214,800 $65,800 $149,000
2024 $2,998 $203,700 $65,800 $137,900
2023 $2,930 $190,300 $61,800 $128,500
2022 $2,625 $181,200 $53,800 $127,400
2021 $2,381 $157,300 $43,800 $113,500
2020 $2,266 $141,900 $43,800 $98,100
2019 $1,607 $117,200 $21,400 $95,800
2018 $1,485 $107,000 $21,400 $85,600
2017 $1,470 $105,800 $21,400 $84,400
2016 $1,423 $104,200 $21,400 $82,800
2014 $1,364 $102,200 $21,400 $80,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202442123

Indiana Regional MLS

APN: 53-08-06-100-037.000-008

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