NOT LISTED FOR SALE

515 E Monroe Dam Rd Bloomington, IN 47401

Estimated Value: $326,000 - $382,000

3 Beds
2 Baths
1,560 Sq Ft
$225/Sq Ft Est. Value

Sale Details

Date Sold: October 21, 2022

Last sale price $315,000 $202 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,203 / mo

62 Days on Market

Highlights

  • 5 Acre Lot
  • Heavily Wooded Lot
  • 1-Story Property
  • Jackson Creek Middle School Rated A
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of October 2022

3 BED, 2BATH RANCH OVER WALK OUT BASEMENT ON 5 ACRES HAS ALL THE AMENITIES - INCLUDING A ZERO TURN MOWER AS PART OF THE SALE! MAKES FOR A GREAT 2ND VACATION HOME OR FULL TIME RESIDENCE. WITHIN 5 MINUTES OF LAKE MONROE DAM BOATRAMP & 10 MINS TO FAIRFAX BOAT RAMP,THIS HOME FEATURES PRIVATE FINISHED BASEMENT THAT COULD BE USED AS A BEDROOM OR EXTRA LIVING SPACE WITH BATH, 2 BEDS, BATH, AND LAUNDRY ON MAIN, COVERED FRONT PORCH, HUGE POLE BARN GARAGE WITH POWER, PLUS LARGE CARPORT, AND EXTRA DETACHED 2 CAR GARAGE. SEE LIST OF NEW UPDATES INCLUDING ALL NEW WINDOWS, HVAC, & REMODELED BASEMENT!! GET A LOOK NOW - THIS ONE WON'T LAST LONG!!!

Last Agent to Sell the Property

Kristy Frye

RE/MAX Acclaimed Properties Listed on: 07/23/2022

RE/MAX Acclaimed Properties

Last Buyer's Agent

BLOOM NonMember

NonMember BL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,318

Year Built

  • Built in 1989

Lot Details

  • 5 Acre Lot
  • Rural Setting
  • Heavily Wooded Lot

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Walk-Out Ranch
  • Wood Siding

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Block Basement Construction
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Schools

  • Lakeview Elementary School
  • Jackson Creek Middle School
  • Bloomington South High School

Utilities

  • Forced Air Heating and Cooling System
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 53-11-21-300-007.000-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,318

Year Built

Built in 1989

Lot Details

5 Acres

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1989
  • Style: One Story
  • Architectural Style: Walkout Ranch
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 004-19610-00 PT SE SW 21-7-1W 5.00A
  • Parcel Number ID: 53-11-21-300-007.000-006
  • Platted: Yes
  • Location: Rural
  • Number Below Grade Bedrooms: 1
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1560
  • Total Finished Sq Ft: 1560
  • Above Grade Finished Sq Ft: 1040
  • Below Grade Finished Sq Ft: 520
  • Basement: Yes
  • Basement Foundation: Partial Basement, Walk-Out Basement, Finished
  • Basement Material: Block
  • Living Great Room: Dimensions: 18x13, On Level: Main
  • Kitchen: Dimensions: 16x12, On Level: Main
  • Bedroom 1: Dimensions: 12x12, On Level: Main
  • Bedroom 2: Dimensions: 10x10, On Level: Main
  • Bedroom 3: Dimensions: 25x13, On Level: Lower
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 520

Exterior Features

  • Exterior: Wood
  • Outbuilding1: Outbuilding, Dimensions: 32x28

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 28x24
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Forced Air
  • Sewer: Septic
  • Water Utilities: Public
  • Electric Company: Duke Energy Indiana
  • Water Company: Southern Monroe Water
  • Cable Company: Smithville Communications
  • Laundry: Dimensions: Mainx6, On Level: 10

Schools

  • Elementary School: Lakeview

Lot Info

  • Lot Description: Heavily Wooded
  • Lot Dimensions: 5 acres
  • Estimated Lot Sq Ft: 217800
  • Estimated Lot Size Acres: 5

Tax Info

  • Annual Taxes: 1317.6
  • Exemptions: Homestead, Mortgage, Supplemental

MLS Schools

  • High School: Bloomington South
  • Middle School: Jackson Creek
  • School District: Monroe County Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2022
Closed on
Oct 21, 2022
Sold by
Rogers Rebecca A
Bought by
Sanders Kristen
Seller's Agent
Kristy Frye
RE/MAX Acclaimed Properties
Buyer's Agent
BLOOM NonMember
NonMember BL
List Price
$399,900
Sold Price
$315,000
Premium/Discount to List
-$84,900
-21.23%
Views
55
Current Estimated Value
$351,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,547
Avg. Annual Appreciation
3.21%

Purchase Details

Listed on
Feb 18, 2019
Closed on
Mar 21, 2019
Sold by
Drummond John R and Drummond Kristan B
Bought by
Rogers Paul D and Rogers Rebecca A
Seller's Agent
Lori Todd
Choice Realty & Management
Buyer's Agent
Kathy Scheid
The Indiana Team LLC
List Price
$215,000
Sold Price
$215,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.23%
Original Mortgage
$135,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 6, 2016
Closed on
Aug 19, 2016
Sold by
Wisley Wendell
Bought by
Drummond John R and Drummond Kristan B
Seller's Agent
Darlene Meyer
Realty Professionals
Buyer's Agent
Darlene Meyer
Realty Professionals
List Price
$189,500
Sold Price
$150,000
Premium/Discount to List
-$39,500
-20.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.97%
Original Mortgage
$120,000
Interest Rate
3.42%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sanders Kristen $315,000 Landquest Title Services, Llc
Rogers Paul D -- None Available
Drummond John R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rogers Paul D $135,000
Previous Owner Drummond John R $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/21/2022 10/21/22 Sold $315,000 -10.0% $202 / Sq Ft
09/15/2022 09/15/22 Price Changed $349,900 -6.7% $224 / Sq Ft
08/03/2022 08/03/22 Price Changed $374,900 -6.3% $240 / Sq Ft
07/23/2022 07/23/22 For Sale $399,900 +86.0% $256 / Sq Ft
03/22/2019 03/22/19 Sold $215,000 0.0% $138 / Sq Ft View Prior Sale
02/18/2019 02/18/19 For Sale $215,000 +43.3% $138 / Sq Ft
08/24/2016 08/24/16 Sold $150,000 -20.8% $96 / Sq Ft View Prior Sale
08/19/2016 08/19/16 Pending -- -- --
02/06/2016 02/06/16 For Sale $189,500 -- $121 / 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 $3,912 $280,600 $70,000 $210,600
2024 $3,912 $262,000 $58,400 $203,600
2023 $3,914 $250,800 $56,000 $194,800
2022 $1,933 $232,700 $39,000 $193,700
2021 $1,828 $212,500 $36,000 $176,500
2020 $1,829 $204,700 $36,000 $168,700
2019 $1,318 $176,500 $36,000 $140,500
2018 $2,495 $176,700 $36,000 $140,700
2017 $2,469 $174,800 $36,000 $138,800
2016 $976 $174,500 $36,000 $138,500
2014 $921 $161,100 $36,000 $125,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202230866

Indiana Regional MLS

APN: 53-11-21-300-007.000-006

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