532 N Walnut St Bloomington, IN 47404
Old Northeast NeighborhoodEstimated Value: $642,000 - $884,000
Highlights
- Corner Lot
- ADA Inside
- Historic Home
- University Elementary School Rated A
- Forced Air Heating and Cooling System
- 3-minute walk to Bloomington Parks & Recreation
About This Home
As of June 2015Here's your chance to own a piece of Bloomington history! Built circa 1890 the "Morgan House" has been home to the Loftman Law office for the last 30 years. Currently configured for office use on both the main and upper level the 3,400 sqft property at the corner of 10th and Walnut in Bloomington's active downtown was initially occupied by a local attorney (Mr. Morgan) and at the time of its construction sat on the outskirts of town-times have changed but this beautiful example of a Queen Anne Revival Victorian is still here! The building is listed on the National Register of Historic Places and was restored by Bloomington Restorations, Inc. in the early 80's. The interior is largely unchanged from the buildings original construction with mostly original doors, windows, woodwork, floors, fireplaces, staircases, etc. The building was "modernized in the 1920's by installation of electricity, central heating (coal), a garage, and Bloomington's first swimming pool! The original 1920's electric chandeliers and sconces remain in daily use. The buildings mechanicals have been brought up to today's standards with modern HVAC and long lasting cedar shingles. The property has a long history as a home and an office building-you can decide its future use! It's a fantastic downtown office set up with up to 10 parking spaces and a multi-functional layout lending itself to multiple groupings of offices and building access points. It could also be redeveloped into a mix of residential and office/retail-many possible configurations and uses of the interior spaces are possible. Don't miss what could truly be described as a "once in a lifetime chance" to own a special property and contribute your own history to Bloomington! **See attachments to listing for additional specific information re: the building and the BRI restoration**
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,435
Year Built
- Built in 1890
Lot Details
- 10,454 Sq Ft Lot
- Corner Lot
- Historic Home
Parking
- Driveway
Home Design
- Shingle Roof
- Vinyl Construction Material
Interior Spaces
- 2-Story Property
- Unfinished Basement
- Block Basement Construction
Bedrooms and Bathrooms
- 3 Bedrooms
Additional Features
- ADA Inside
- Suburban Location
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 53-05-33-306-039.000-005
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chickering Rentals Llc | -- | None Available |
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Chickering Rentals Llc | $475,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/24/2015 06/24/15 | Sold | $435,000 | -13.0% | $127 / Sq Ft |
| 02/23/2015 02/23/15 | For Sale | $499,900 | -- | $147 / Sq Ft |
| 12/23/2014 12/23/14 | Pending | -- | -- | -- |
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 |
|---|---|---|---|---|
| 2024 | $14,382 | $701,000 | $145,100 | $555,900 |
| 2023 | $7,084 | $667,800 | $139,500 | $528,300 |
| 2022 | $12,436 | $612,900 | $139,500 | $473,400 |
| 2021 | $9,350 | $450,100 | $68,200 | $381,900 |
| 2020 | $9,160 | $443,900 | $62,000 | $381,900 |
| 2019 | $9,250 | $439,900 | $62,000 | $377,900 |
| 2018 | $9,184 | $435,800 | $62,000 | $373,800 |
| 2017 | $9,134 | $432,500 | $62,000 | $370,500 |
| 2016 | $7,496 | $360,700 | $180,200 | $180,500 |
| 2014 | $7,509 | $360,000 | $180,200 | $179,800 |
Map
Source: Indiana Regional MLS
MLS Number: 201506676
APN: 53-05-33-306-039.000-005
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