NOT LISTED FOR SALE

5577 E Kings Rd Bloomington, IN 47408

Estimated Value: $487,000 - $771,000

4 Beds
2 Baths
2,609 Sq Ft
$233/Sq Ft Est. Value

Last Sold July 03, 2019

Last sale price $1,100,000 $422 Per Sq Ft

Est. 45% decrease in value since last sale

Current estimated payment $3,613/month

65 Days on Market

Highlights

  • 67.76 Acre Lot
  • Partially Wooded Lot
  • 1-Story Property
  • University Elementary School Rated A
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of July 2019

Picturesque 67.76 acre property with a farmhouse and beautiful potential homesites only minutes from all the conveniences of Bloomington. Have you dreamed of private, country living without the exhausting drive to town? With a mere 6 minute drive to east side shopping and dining in/around College Mall, this location can't be beat. In 15 minutes or less you can hit many destinations including downtown Bloomington, IU's Campus, I-69 Interchange, Lake Monroe, Hospital, and this property will be a quick 10 minute drive to the future hospital location. If it's the farm life you have imagined, this property would work seamlessly with the many cleared acres perfect for just that. An unparalleled location, this would be a great investment whether you plan to build or enjoy the property for recreational purposes. Land like this is rare near Bloomington and this location is situated in/around high value homes. Schools for this area are desirable University Elementary, Tri-North Middle School, and Bloomington High School North. Survey provided on request. Enjoy many years to come with friends and family on your quintessential southern Indiana property!

Last Agent to Sell the Property

Kristi Gibbs

Century 21 Scheetz - Bloomington Listed on: 04/29/2019

Century 21 Scheetz - Bloomington

Last Buyer's Agent

Kristi Gibbs

Century 21 Scheetz - Bloomington Listed on: 04/29/2019

Century 21 Scheetz - Bloomington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,048

Year Built

  • Built in 1899

Lot Details

  • 67.76 Acre Lot
  • Partially Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 53-06-31-400-002.000-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,048

Year Built

Built in 1899

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1899
  • Style: One Story
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 003-09130-00 PT W1/2 E1/2 31-9-1E 20.48A; PLAT 11 003-09130-06 PT NW SE 31-9-1E 8.43A; PLAT 156 003-09130-05 PT NW SE 31-9-1E 4.65A; PLAT 155 003-09130-04 PT W1/2 E1/2 31-9-1E 4.50A; PLAT 154 003-09130-03 PT W1/2 E1/2 31-9-1E 29.70A; PLAT 153
  • Parcel Number ID: 53-06-31-400-002.000-003
  • Platted: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 3329
  • Total Finished Sq Ft: 2609
  • Above Grade Finished Sq Ft: 2609
  • Below Grade Sq Ft: 720
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Living Great Room: Dimensions: 15x12, On Level: Main
  • Kitchen: Dimensions: 15x12, On Level: Main
  • Dining Room: Dimensions: 17x16, On Level: Main
  • Den: Dimensions: 12x11, On Level: Main
  • Bedroom 1: Dimensions: 15x15, On Level: Main
  • Bedroom 2: Dimensions: 14x10, On Level: Main
  • Bedroom 3: Dimensions: 14x11, On Level: Main
  • Bedroom 4: Dimensions: 23x12, On Level: Upper
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 720

Exterior Features

  • Exterior: Wood
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 26x25
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Public

Schools

  • Elementary School: University

Lot Info

  • Lot Description: Partially Wooded
  • Estimated Lot Sq Ft: 2951626
  • Estimated Lot Size Acres: 67.76

Tax Info

  • Annual Taxes: 2048.42

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2019
Closed on
Jul 3, 2019
Sold by
Dayhoff Douglas G and Dayhoff Dawn D
Bought by
Voorhies Jason M and Voorhies Rachel L
Seller's Agent
Kristi Gibbs
Century 21 Scheetz - Bloomington
Buyer's Agent
Kristi Gibbs
Century 21 Scheetz - Bloomington
List Price
$1,200,000
Sold Price
$1,100,000
Premium/Discount to List
-$100,000
-8.33%
Current Estimated Value
$608,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$491,150
Avg. Annual Appreciation
-8.93%
Original Mortgage
$1,045,000
Outstanding Balance
$923,439
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
-$314,589
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Voorhies Jason M $1,100,000 Title Plus
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Voorhies Jason M $1,045,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2019 07/03/19 Sold $1,100,000 -8.3% $422 / Sq Ft
07/03/2019 07/03/19 Pending -- -- --
04/29/2019 04/29/19 For Sale $1,200,000 -- $460 / 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 $4,919 $339,600 $78,300 $261,300
2023 $2,338 $308,500 $61,600 $246,900
2022 $3,947 $276,900 $47,000 $229,900
2021 $2,037 $247,400 $39,200 $208,200
2020 $1,788 $249,700 $39,200 $210,500
2019 $1,648 $233,400 $35,100 $198,300
2018 $1,706 $233,000 $35,600 $197,400
2017 $1,693 $228,600 $32,900 $195,700
2016 $1,650 $226,800 $34,000 $192,800
2014 $1,633 $225,600 $36,100 $189,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201928391

Indiana Regional MLS

APN: 53-06-31-400-002.000-003