NOT LISTED FOR SALE

513 E 14th St Bloomington, IN 47408

5 Beds
2.5 Baths
13,536 Sq Ft
0.4 Acres

Last Sold May 07, 2018

Last sale price $2,500,000 $185 Per Sq Ft

5 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Ceiling Fan
  • University Elementary School Rated A
  • Central Air

About This Home

As of May 2018

Between Campus and the Sports Complex, these two buildings each contain four 5-Bedroom Apartments. On site parking is augmented by ample street parking. All units have hardwood floors in the living area and ceramic tile in the kitchen. The seller is in the process of upgrading the property in several ways. New high quality Smartsiding in 4 colors, replaces the vinyl siding to make the 2 buildings have separate 4 duplex look. Each unit will be one of blue, dark grey, orange or green siding including attached colors for siding. Also putting white window shutters and window flower pots on top windows. Upgrading outside lawn furniture. Also upgrading all kitchen appliances to stainless steel. Last 3 years financials available on request. Appraisal from last year For $2,650,000.

Last Agent to Sell the Property

Thomas Gallagher

Bloomington Residential and Commercial Listed on: 04/09/2018

Last Buyer's Agent

Elliot Lewis

ER Lewis & Company, LLC

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $27,811

Year Built

  • Built in 1989

Lot Details

  • 0.4 Acre Lot
  • Corner Lot

Home Design

  • Concrete Siding

Interior Spaces

  • 13,536 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • 2 Bedrooms in Basement

Parking

  • 28 Parking Spaces
  • Driveway
  • Off-Street Parking

Schools

  • University Elementary School
  • Tri-North Middle School
  • Bloomington North High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, electric, sewer, water
  • The owner pays for lawn maintenance, maintenance, snow removal, tax, trash collection
  • Assessor Parcel Number 53-05-33-103-002.000-005

Community Details

Overview

  • 2 Buildings
  • 8 Units

Pet Policy

  • Pet Restriction

Building Details

  • Electric Expense $62
  • Maintenance Expense $5,459
  • Trash Expense $5,212
  • Water Sewer Expense $181

Property Details

Home Type

Apartment

Est. Annual Taxes

$27,811

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Complex
  • Year Built: 1989
  • Age: 29
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: T D Alexander Pt Lots 1 & 2 Tailgate Crossing |
  • Parcel Number ID: 53-05-33-103-002.000-005
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Off Street Parking, Cable Ready, Water Heater Electric
  • Location: Near College Campus
  • Number Below Grade Bedrooms: 2
  • Sp Lp Percent: 96.9
  • Monthly Gross Income: 22262
  • Year Taxes Payable: $27,810.82
  • Special Features: None

Interior Features

  • Total Sq Ft: 13536
  • Total Finished Sq Ft: 13536
  • Above Grade Finished Sq Ft: 13536
  • Price Per Sq Ft: 184.69
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block
  • Flooring: Carpet, Tile, Wood
  • Number Of Disposals: 8
  • Number Of Ranges Ovens: 8
  • Number Ttl Rooms Below Grade: 3

Exterior Features

  • Exterior: Concrete
  • Stories: 2

Garage/Parking

  • Driveway: Asphalt
  • Number Of Parking Spaces: 28

Utilities

  • Cooling: Central Air
  • Heating Fuel: Heat Pump
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Water Company: Bloomington City Utility
  • Cable Company: Comcast
  • Annual Electric: 62.16
  • Annual Maintenance Expense: 5459
  • Annual Trash Expense: 5211.9
  • Annual Water Sewer Expense: 181.39
  • Number Of W D Hookups: 8

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Monroe County Community School Corp.
  • Elementary School: University
  • Middle School: Tri-North
  • High School: Bloomington North
  • Elementary School: University

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 0 x 0
  • Estimated Lot Sq Ft: 17424
  • Estimated Lot Size Acres: 0.4

Rental Info

  • Lease Term: Negotiable
  • Owner Pays: Lawn Maintenance, Maintenance, Snow Removal, Tax, Trash Collection
  • Tenant Pays: Cable, Electric, Sewer, Water

Multi Family

  • Gross Monthly Rent: 24000
  • Number Of Dishwashers: 8
  • Number Of Dryers: 8
  • Number Of Refrigerators: 8
  • Number Of Units: 8
  • Number Of Washers: 8
  • Num Of Units Rented: 8

Tax Info

  • Annual Property Tax: 27810.82

MLS Schools

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

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2018 05/07/18 Sold $2,500,000 -3.1% $185 / Sq Ft
04/14/2018 04/14/18 Pending -- -- --
04/09/2018 04/09/18 For Sale $2,580,000 0.0% $191 / Sq Ft
03/05/2015 03/05/15 Rented $2,750 -8.3% --
03/02/2015 03/02/15 Under Contract -- -- --
03/01/2015 03/01/15 Rented $3,000 0.0% --
02/13/2015 02/13/15 For Rent $3,000 0.0% --
01/30/2015 01/30/15 Under Contract -- -- --
10/31/2014 10/31/14 For Rent $3,000 -- --
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2018

    Thomas Gallagher

    Bloomington Residential and Commercial

    (812) 333-5252

    15 Total Sales

    Thomas Gallagher
    Section Image
  • Elliot Lewis

    Buyer's Agent in 2018

    Elliot Lewis

    ER Lewis & Company, LLC

    (812) 339-8777

    2 Total Sales

    Elliot Lewis
    Section Image
  • Matt Carter

    Seller's Agent in 2015

    Matt Carter

    Mackie Properties

    (812) 606-1020

    9 Total Sales

    Matt Carter
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201813730

Indiana Regional MLS
Indiana Monroe County Bloomington 47408

513 E 14th St, Bloomington, IN

This home is located at 513 E 14th St, Bloomington, IN 47408 since 09 April 2018. This property was built in 1989. 513 E 14th St is a home located in Monroe County with nearby schools including University Elementary School, Tri-North Middle School, and Bloomington High School North.

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 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.

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