NOT LISTED FOR SALE

5170 E State Road 45 Bloomington, IN 47408

Estimated Value: $411,194 - $719,000

6 Beds
3 Baths
2,880 Sq Ft
$179/Sq Ft Est. Value

Last Sold April 28, 2017

Last sale price $200,000 $69 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $3,073/month

22 Days on Market

Highlights

  • Traditional Architecture
  • Patio
  • Forced Air Heating and Cooling System
  • University Elementary School Rated A
  • Shed
  • Carpet

About This Home

As of April 2017

3-Unit brick and vinyl building. Easy drive to IU, east side of Bloomington and the 45/46/ Bypass. Live in one unit and rent the other two or rent all three for steady income. 2 units with Great rooms and FP. Upper unit features 3 bedrooms and bath and is currently rented for $1150. Small deck on upper unit and shaded patio on the lower units. Country setting on 1.35 acres with garden spot. Inside remodeled in 2012 including paint and all flooring. Updated electrical, plumbing, HVAC, kitchens and bath. Excellent rental history. Do not let cat out in Unit A

Last Buyer's Agent

Lauree Wright

Berkshire Hathaway HomeServices Indiana Realty-Bloomington

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,330

Year Built

  • Built in 1955

Lot Details

  • 1.35 Acre Lot
  • Irregular Lot

Home Design

  • Triplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in Bathroom
  • Laundry in Kitchen

Parking

  • 6 Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Patio
  • Shed

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable
  • The owner pays for building insurance, electric, fuel, lawn maintenance, maintenance, trash collection, water
  • Assessor Parcel Number 53-05-24-400-031.000-004

Community Details

Overview

  • $3 Other Monthly Fees
  • 3 Units

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $2,595
  • Fuel Expense $1,582
  • Insurance Expense $1,100
  • Maintenance Expense $1,300
  • Trash Expense $319
  • Water Sewer Expense $703

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,330

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1955
  • Style: Tri-Level
  • Architectural Style: Traditional
  • Bedrooms: 6
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: 012-05990-00 Pt SE SE 24-9-1W 1.35 A Plat 111
  • Parcel Number ID: 53-05-24-400-031.000-004
  • Platted: Yes
  • Amenities: Fireplace, Off Street Parking, Cable Available, Cable Ready, Deck Open, Patio Open, Water Heater Electric
  • Location: City/Town/Suburb
  • Special Features: None

Interior Features

  • Total Sq Ft: 2880
  • Total Finished Sq Ft: 2880
  • Above Grade Finished Sq Ft: 2880
  • Basement Foundation: Slab
  • Flooring: Carpet, Vinyl
  • Main Level Sq Ft: 1440
  • Number Of Disposals: 3
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Brick, Vinyl
  • Stories: 2
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 160

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 6
  • Parking: Gravel, Off Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: Vectren Energy
  • Water Company: Rural Water Maint. Inc.
  • Cable Company: Comcast, Dish Network
  • Annual Electric: 2595
  • Annual Fuel Expense: 1582
  • Annual Insurance Expense: 1100
  • Annual Maintenance Expense: 1300
  • Annual Trash Expense: 319
  • Annual Water Sewer Expense: 703
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Number Of W D Hookups: 3
  • Number Water Meters: 1

Condo/Co-op/Association

  • Other Fee Description: storm sewer fee
  • Other Fees Dollar: 35.16
  • Pet Restrictions: Yes

Lot Info

  • Lot Description: Irregular
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 58806
  • Estimated Lot Size Acres: 1.35

Rental Info

  • Lease Term: Month to Month, 1 Year
  • Owner Pays: Building Insurance, Electric, Fuel, Lawn Maintenance, Maintenance, Trash Collection, Water
  • Tenant Pays: Cable

Tax Info

  • Annual Property Tax: 2330

Multi Family

  • Number Of Dishwashers: 1
  • Number Of Dryers: 3
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Number Of Washers: 3
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2018
Sold by
Davis Richard V and Davis Mary L
Bought by
Rvd & Mld Llc
Current Estimated Value
$514,299

Purchase Details

Listed on
Feb 6, 2017
Closed on
Apr 27, 2017
Sold by
Eads Bradley R
Bought by
Davis Richard V and Davis Mary L
Buyer's Agent
Lauree Wright
Berkshire Hathaway HomeServices Indiana Realty-Bloomington
List Price
$210,000
Sold Price
$200,000
Premium/Discount to List
-$10,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.75%

Purchase Details

Closed on
Dec 30, 2011
Sold by
Federal National Mortgage Association
Bought by
Eads Bradley R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,478
Interest Rate
3.97%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 15, 2011
Sold by
Lisby Aaron
Bought by
Federal National Mortgage Association and Fannie Mae
Source: Public Records

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
Rvd & Mld Llc -- None Available
Davis Richard V -- None Available
Eads Bradley R $99,900 None Available
Federal National Mortgage Association $137,116 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eads Bradley R $131,478
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2017 04/28/17 Sold $200,000 -4.8% $69 / Sq Ft
02/28/2017 02/28/17 Pending -- -- --
02/06/2017 02/06/17 For Sale $210,000 -- $73 / 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
2024 $4,413 $301,400 $53,800 $247,600
2023 $2,202 $287,500 $51,800 $235,700
2022 $3,842 $264,400 $51,800 $212,600
2021 $3,621 $241,200 $46,800 $194,400
2020 $3,600 $228,800 $41,800 $187,000
2019 $3,225 $210,900 $36,800 $174,100
2018 $3,236 $204,000 $36,800 $167,200
2017 $2,552 $159,500 $36,800 $122,700
2016 $2,924 $157,500 $36,800 $120,700
2014 $2,272 $155,700 $36,800 $118,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201704614

Indiana Regional MLS

APN: 53-05-24-400-031.000-004