Seller's Agent in 2024
Tracee Lutes
RE/MAX
(812) 322-2650
256 Total Sales
5820 S Handy Rd Bloomington, IN 47401
Estimated Value: $684,000 - $1,181,472
5
Beds
5
Baths
5,455
Sq Ft
$185/Sq Ft
Est. Value
Highlights
- In Ground Pool
- RV Parking in Community
- Open Floorplan
- Jackson Creek Middle School Rated A
- Primary Bedroom Suite
- Living Room with Fireplace
About This Home
As of May 2024Retreat to this beautiful villa style ranch home, enjoy fine finishes of a quality custom home, grand architecture that blends seamlessly into a 2.5 acre estate loaded with the amenities of a stylish playground. Sophisticated finishes throughout this home lead to multiple decks & pool access from the two living areas spanning the back of the home. Sneak out from the personal deck from the primary suite for a quick dip or a soak in the hot tub. A separate pool house provides a bath & storage. 2 large pole buildings, 1 is a barn with 3 large stalls, 1 is a recreational building with full covered porch. Both have multiple overhead doors and stalls have outside pasture access. The home offers gorgeous woodwork, cathedral & tray ceilings, a chef's kitchen with an abundance of custom cabinetry & counter space , a huge Wolf gas range with double ovens below, all open to the casual dining nook & family room, warmed by a lovey fireplace & offering an open view of the decks, pools and grounds. A convenient split floor plan is separated by a formal gathering room setup as a dining and living room combination with a focal point fireplace to set the mood. The primary suite is spacious with plenty of walk-in closet space, a personal deck leading to the hot tub & pool and luxurious en suite bath. At the other end of the home you'll find 2 bedrooms, a full bath and spacious mud room with laundry & loaded with cabinets. The lower level offers an open span recreation/theater room with a kitchenette, a bedroom, full bath, study, and wait until you see the temperature controlled wine room! You'll also love the enormous storage area complete with work sink. Add to all of this an oversized 3 car side-load garage and you have a hard to find estate home loaded with recreational opportunity & a peaceful retreat from the world.
Last Agent to Sell the Property
RE/MAX Acclaimed Properties Brokerage Phone: 812-322-2650 Listed on: 05/01/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,429
Year Built
- Built in 2006
Lot Details
- 2.49 Acre Lot
- Backs to Open Ground
- Rural Setting
- Landscaped
- Level Lot
Parking
- 3 Car Attached Garage
- Garage Door Opener
- Circular Driveway
- Off-Street Parking
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Poured Concrete
- Shingle Roof
Interior Spaces
- 1-Story Property
- Open Floorplan
- Crown Molding
- Tray Ceiling
- Cathedral Ceiling
- Ceiling Fan
- Living Room with Fireplace
- 2 Fireplaces
- Formal Dining Room
- Fire and Smoke Detector
- Laundry on main level
Kitchen
- Kitchenette
- Breakfast Bar
- Kitchen Island
- Stone Countertops
- Built-In or Custom Kitchen Cabinets
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom Suite
- Split Bedroom Floorplan
- Walk-In Closet
- Bathtub With Separate Shower Stall
- Garden Bath
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- 2 Bathrooms in Basement
- 1 Bedroom in Basement
Pool
- In Ground Pool
- Spa
Schools
- Lakeview Elementary School
- Jackson Creek Middle School
- Bloomington South High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Septic System
Listing and Financial Details
- Assessor Parcel Number 53-08-26-300-001.000-008
Community Details
Overview
- RV Parking in Community
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 21, 2020
Closed on
Oct 30, 2020
Sold by
Morrison David and Morrison Dana
Bought by
Welch David Edwin and Welch Rejni Kimberly
Buyer's Agent
Michelle Stanger
Stanger Homes, LLC
List Price
$995,000
Sold Price
$970,000
Premium/Discount to List
-$25,000
-2.51%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,824
Avg. Annual Appreciation
1.07%
Original Mortgage
$510,400
Outstanding Balance
$456,021
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$566,088
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Welch David Edwin | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Welch David Edwin | $510,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/01/2024 05/01/24 | Sold | $1,150,000 | -4.2% | $211 / Sq Ft |
| 05/01/2024 05/01/24 | Pending | -- | -- | -- |
| 05/01/2024 05/01/24 | For Sale | $1,200,000 | 0.0% | $220 / Sq Ft |
| 01/17/2024 01/17/24 | Rented | $4,000 | 0.0% | -- |
| 12/15/2023 12/15/23 | For Rent | $4,000 | 0.0% | -- |
| 10/30/2020 10/30/20 | Sold | $970,000 | -2.5% | $178 / Sq Ft |
| 08/21/2020 08/21/20 | For Sale | $995,000 | -- | $182 / Sq Ft |
Source: Indiana Regional MLS
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 | $10,345 | $1,139,100 | $42,500 | $1,096,600 |
| 2023 | $10,655 | $1,139,400 | $42,500 | $1,096,900 |
| 2022 | $10,429 | $1,079,500 | $36,900 | $1,042,600 |
| 2021 | $8,803 | $917,500 | $31,300 | $886,200 |
| 2020 | $5,235 | $559,900 | $31,300 | $528,600 |
| 2019 | $4,258 | $536,400 | $26,300 | $510,100 |
| 2018 | $4,182 | $519,800 | $26,300 | $493,500 |
| 2017 | $4,134 | $515,000 | $26,300 | $488,700 |
| 2016 | $4,150 | $523,600 | $26,300 | $497,300 |
| 2014 | $4,214 | $515,700 | $26,300 | $489,400 |
Source: Public Records
Agents Affiliated with this Home
-
Tracee Lutes
-
Jeff Brawley
Seller's Agent in 2024
Jeff Brawley
Brawley Real Estate
(812) 327-5331
67 Total Sales
-
Miranda Mann
M
Buyer's Agent in 2024
Miranda Mann
Berkshire Hathaway HomeServices Indiana Realty-Bloomington
(812) 583-4779
142 Total Sales
-
Tom White
Buyer's Agent in 2024
Tom White
White & Co Real Estate
115 Total Sales
-
Michelle Stanger
Buyer's Agent in 2020
Michelle Stanger
Stanger Homes, LLC
(812) 219-2307
174 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202415201
APN: 53-08-26-300-001.000-008
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