NOT LISTED FOR SALE

516 E University St Bloomington, IN 47401

Elm Heights Neighborhood

Estimated Value: $385,000 - $453,000

4 Beds
2 Baths
2,241 Sq Ft
$182/Sq Ft Est. Value

Last Sold December 06, 2021

Last sale price $346,000 $154 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,594/month

28 Days on Market

Highlights

  • Wood Flooring
  • Covered patio or porch
  • Forced Air Heating and Cooling System
  • Binford Elementary School Rated A
  • 1-Story Property

About This Home

As of December 2021

Location, location, location! Closeto campus, downtown, Bryan Park, and Kroger, this home boasts close proximity to all that Bloomington has to offer. The main floor includes 2 bedrooms, a full bathroom, a spacious living area, plus an enclosed terrace space perfect for an office, a fireplace, and a large covered front porch. The basement includes two ample bedrooms, a full bath, large living area, and laundry. This property could be an excellent investment as a rental property. Parents with a new IU student, this is the place for you! Your student can live with others, as you can rent the rooms out to them.

Last Listed By

Juan Carrasquel

The JuanSells.com Realty Co Listed on: 10/12/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,510

Year Built

  • Built in 1920

Lot Details

  • 5,576 Sq Ft Lot
  • Lot Dimensions are 43 x 132
  • Irregular Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Living Room with Fireplace

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • 1 Bathroom in Basement
  • 2 Bedrooms in Basement

Schools

  • Rogers/Binford Elementary School
  • Jackson Creek Middle School
  • Bloomington South High School

Additional Features

  • Covered patio or porch
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 53-08-04-218-024.000-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,510

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1920
  • Age: 101
  • Style: One Story
  • Total Number of Rooms: 23
  • Total Number of Rooms Below Grade: 5
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 015-02630-00 Potters Park Lot 7 |
  • Parcel Number ID: 53-08-04-218-024.000-009
  • Platted: Yes
  • Amenities: Patio Open, Porch Covered
  • Number Below Grade Bedrooms: 2
  • Sp Lp Percent: 98.86
  • Year Taxes Payable: 2021
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2666
  • Total Finished Sq Ft: 2241
  • Above Grade Finished Sq Ft: 1268
  • Below Grade Finished Sq Ft: 973
  • Below Grade Sq Ft: 425
  • Price Per Sq Ft: 272.87
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet, Tile, Vinyl
  • Living Great Room: Dimensions: 17x14, On Level: Main
  • Kitchen: Dimensions: 11x10, On Level: Main
  • Dining Room: Dimensions: 15x11, On Level: Main
  • Family Room: Dimensions: 22x10, On Level: Basement
  • Bedroom 1: Dimensions: 10x15, On Level: Main
  • Bedroom 2: Dimensions: 14x11, On Level: Main
  • Bedroom 3: Dimensions: 13x12, On Level: Basement
  • Bedroom 4: Dimensions: 13x12, On Level: Basement
  • Other Room1: Office, Dimensions: 17x7
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1398

Exterior Features

  • Exterior: Brick
  • Outbuilding1: None

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: Public
  • Water Utilities: Public
  • Laundry: Dimensions: Basementx5, On Level: 7

Schools

  • School District: Monroe County Community School Corp.
  • Elementary School: Rogers/Binford
  • Middle School: Jackson Creek
  • High School: Bloomington South
  • Elementary School: Rogers/Binford

Lot Info

  • Lot Description: Irregular
  • Lot Dimensions: 43 x 132
  • Estimated Lot Sq Ft: 5576
  • Estimated Lot Size Acres: 0.128

Tax Info

  • Annual Taxes: 5510.36

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
Oct 12, 2021
Closed on
Dec 3, 2021
Sold by
Half Robert Jay and Half Julie
Bought by
Yarbrough Michele
Seller's Agent
Juan Carrasquel
The JuanSells.com Realty Co
Buyer's Agent
Jane Henderson
Henderson Real Estate
List Price
$350,000
Sold Price
$346,000
Premium/Discount to List
-$4,000
-1.14%
Total Days on Market
28
Current Estimated Value
$407,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,158
Avg. Annual Appreciation
7.35%
Original Mortgage
$311,400
Outstanding Balance
$291,161
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$150,201

Purchase Details

Closed on
Aug 21, 2011
Sold by
Aloe Robert Benjamin and Aloe Brooke Nocole
Bought by
Half Robert Jay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,879
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 18, 2009
Sold by
Braun Gregory A
Bought by
Aloe Robert Benjamin and Aloe Brooke Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.22%
Mortgage Type
New Conventional

Range of Values:

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Average Value
Not Available
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
Yarbrough Michele $346,000 None Available
Half Robert Jay -- None Available
Aloe Robert Benjamin -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yarbrough Michele $311,400
Previous Owner Half Robert Jay $196,879
Previous Owner Aloe Robert Benjamin $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2021 12/06/21 Sold $346,000 -1.1% $154 / Sq Ft
10/12/2021 10/12/21 For Sale $350,000 -- $156 / Sq Ft
Source: Indiana Regional MLS

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
2023 $4,029 $374,400 $116,800 $257,600
2022 $3,642 $335,100 $101,600 $233,500
2021 $2,961 $282,400 $88,700 $193,700
2020 $5,510 $269,600 $88,700 $180,900
2019 $5,916 $283,100 $56,500 $226,600
2018 $5,524 $263,100 $51,600 $211,500
2017 $5,118 $244,200 $51,600 $192,600
2016 $4,977 $242,800 $51,600 $191,200
2014 $4,822 $234,600 $47,300 $187,300
Source: Public Records

Agents Affiliated with this Home

  • Juan Carrasquel

    Seller's Agent in 2021

    Juan Carrasquel

    The JuanSells.com Realty Co

    (812) 369-0785

    3 in this area

    166 Total Sales

    Juan Carrasquel
    Section Image

  • J

    Buyer's Agent in 2021

    Jane Henderson

    Henderson Real Estate

    (812) 322-2050

    1 in this area

    9 Total Sales

    Jane Henderson
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202143080

Indiana Regional MLS

APN: 53-08-04-218-024.000-009

Indiana Monroe County Bloomington 47401 Elm Heights

516 E University St, Bloomington, IN

Homes for Sale in Bloomington, IN

This home is located at 516 E University St, Bloomington, IN 47401 since 12 October 2021 and is currently estimated at $407,158, approximately $181 per square foot. This property was built in 1920. 516 E University St is a home located in Monroe County with nearby schools including Binford Elementary School, Rogers Elementary School, and Jackson Creek Middle School.

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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