508 W 3rd St Bloomington, IN 47404
Prospect Hill NeighborhoodEstimated Value: $380,000 - $452,000
2
Beds
2
Baths
1,201
Sq Ft
$343/Sq Ft
Est. Value
Highlights
- The property is located in a historic district
- Primary Bedroom Suite
- Backs to Open Ground
- Tri-North Middle School Rated A
- Open Floorplan
- 4-minute walk to Building and Trades Park
About This Home
As of November 2021One-of-a-kind, outstanding opportunity to own this beautifully-restored home that is in historic Prospect Hill that puts you only moments to shopping & restaurants on the Square, the B-Line trail, City Market, and more. Thoughtfully-planned renovation allows one to appreciate the architecture of yesteryear and step inside to a home that offers finishes and features today's buyer will love. The home has updates that include: HVAC, wiring--200 amp electrical, plumbing, etc. A large covered front porch welcomes guests. In keeping with the original design it has 3 exterior doors as each bedroom has its own access to the porch. The home has great room area that is light and bright with soaring cathedral ceiling and upscale lighting. The kitchen offers stainless appliances with drop-in gas range, professional range hood, dishwasher, microwave and side-by-side refrigerator. The custom cabinetry offers features that include: Dove-tailed drawers, lazy susan, spice cabinet, cookie sheet cabinet and trash/recycling cabinet plus numerous large drawers and cabinets to keep everything at one's fingertips yet out of sight. Quartz countertops and breakfast bar add to the appeal. There is an expansive window in the kitchen that provides a stunning views. The sliding door leads to the new deck that is finished with the same detail as the front porch. There is an area with a bird's eye view to the lawn to the east that could be a breakfast nook or computer area. The primary bedroom suite is light and bright. It has a luxe separate bath including an upscale vanity, porcelain tub with tile surround shower and stainless nickel fixtures. There is a linen closet within plus a walk-in closet with abundant storage options. The second bedroom offers several generous windows, plenty of closet space and has its own door to the covered porch outdoors. There is a partially finished area above the south end of the home that one could utilize as storage or finish as a loft area that might be a study or play area. There is a large garage space/basement area beneath the great room with a new garage door to access it plus there is a service door there as well. There is a side yard to the east that the Sellers have a sitting area and lush grass. Hydrangeas, hostas, butterfly bushes were planted for low maintenance needs yet bursts of color.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,166
Year Built
- Built in 1899
Lot Details
- 3,485 Sq Ft Lot
- Backs to Open Ground
Parking
- 1 Car Garage
- Basement Garage
Home Design
- Shingle Roof
- Wood Siding
- Stone Exterior Construction
Interior Spaces
- 1-Story Property
- Open Floorplan
- Pocket Doors
- Partially Finished Basement
- Stone or Rock in Basement
- Gas And Electric Dryer Hookup
Kitchen
- Breakfast Bar
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom Suite
- Split Bedroom Floorplan
- 2 Full Bathrooms
- Bathtub with Shower
- Separate Shower
Outdoor Features
- Covered patio or porch
Location
- Suburban Location
- The property is located in a historic district
Schools
- Fairview Elementary School
- Tri-North Middle School
- Bloomington North High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Listing and Financial Details
- Assessor Parcel Number 53-05-32-413-016.000-005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 20, 2021
Closed on
Nov 9, 2021
Sold by
Mcgrath Cohn T
Bought by
Judd Richard M and Judd Linda R
Seller's Agent
Kathy Stallsmith
RE/MAX Realty Professionals
Buyer's Agent
John Vitello
Dwell Realty
List Price
$399,900
Sold Price
$380,000
Premium/Discount to List
-$19,900
-4.98%
Total Days on Market
82
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,359
Avg. Annual Appreciation
2.28%
Original Mortgage
$304,000
Outstanding Balance
$281,471
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$129,888
Purchase Details
Listed on
Jul 26, 2014
Closed on
Oct 1, 2014
Sold by
Purtlebaugh Melody J
Bought by
Mcgrath Colin T
List Price
$104,900
Sold Price
$106,000
Premium/Discount to List
$1,100
1.05%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.91%
Original Mortgage
$99,275
Interest Rate
4.08%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 25, 2006
Sold by
Haganman Leo K
Bought by
Purtlebaugh Melody J
Create a Home Valuation Report for This Property
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Similar Homes in Bloomington, IN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Judd Richard M | -- | None Available | |
| Mcgrath Colin T | -- | None Available | |
| Purtlebaugh Melody J | -- | None Available | |
| Purtlebaugh Melody J | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Judd Richard M | $304,000 | |
| Previous Owner | Mcgrath Colin T | $99,275 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/15/2021 11/15/21 | Sold | $380,000 | -5.0% | $316 / Sq Ft |
| 08/20/2021 08/20/21 | For Sale | $399,900 | +277.3% | $333 / Sq Ft |
| 11/05/2014 11/05/14 | Sold | $106,000 | +1.0% | $113 / Sq Ft |
| 07/29/2014 07/29/14 | Pending | -- | -- | -- |
| 07/26/2014 07/26/14 | For Sale | $104,900 | -- | $111 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $1,048 | $197,600 | $92,700 | $104,900 |
| 2022 | $833 | $174,700 | $80,600 | $94,100 |
| 2021 | $495 | $147,400 | $44,800 | $102,600 |
| 2020 | $1,166 | $139,800 | $35,800 | $104,000 |
| 2019 | $1,052 | $129,000 | $32,300 | $96,700 |
| 2018 | $999 | $124,500 | $32,700 | $91,800 |
| 2017 | $910 | $117,800 | $28,600 | $89,200 |
| 2016 | $785 | $109,800 | $28,600 | $81,200 |
| 2014 | $464 | $104,300 | $28,600 | $75,700 |
Source: Public Records
Agents Affiliated with this Home
-
Kathy Stallsmith
Seller's Agent in 2021
Kathy Stallsmith
RE/MAX
(812) 320-6875
2 in this area
84 Total Sales
-
Susan Graves
Seller Co-Listing Agent in 2021
Susan Graves
RE/MAX
(812) 320-6874
2 in this area
73 Total Sales
-
John Vitello
J
Buyer's Agent in 2021
John Vitello
Dwell Realty
(812) 327-5464
7 in this area
60 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202134650
APN: 53-05-32-413-016.000-005
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