NOT LISTED FOR SALE
13 Beds
7.5 Baths
5,290 Sq Ft
0.36 Acres

Last Sold May 23, 2014

Last sale price $405,000 $77 Per Sq Ft

599 Days on Market

Highlights

  • 0.36 Acre Lot
  • Ceramic Tile Flooring
  • Forced Air Heating and Cooling System
  • Jackson Creek Middle School Rated A

About This Home

As of May 2014

Great Investment Opportunity! 5 Condo units plus one stand alone all currently leased.

Last Agent to Sell the Property

Greg Botelho

FC Tucker/Bloomington REALTORS Listed on: 08/30/2012

Last Buyer's Agent

Avery Thatcher

Thatcher Real Estate

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $8,300

Year Built

  • Built in 1981

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 165x96
  • Irregular Lot

Home Design

  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 13 Bedrooms

Basement

  • Block Basement Construction
  • Crawl Space

Parking

  • 11 Parking Spaces
  • Paved Parking

Location

  • Suburban Location

Schools

  • Templeton Elementary School
  • Jackson Creek Middle School
  • Bloomington South High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Homestead Exemption
  • Tenant pays for cable, electric, fuel
  • The owner pays for building insurance, lawn maintenance, snow removal, sewer, trash collection, water
  • Assessor Parcel Number 53-08-05-403-005.000-009

Community Details

Overview

  • 6 Units
  • Southwest Bloomington City Subdivision

Pet Policy

  • Pet Restriction

Building Details

  • Insurance Expense $2,000
  • Maintenance Expense $2,500
  • Water Sewer Expense $1,320

Property Details

Home Type

Apartment

Est. Annual Taxes

$8,300

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1981
  • Age: 33
  • Style: Two Story
  • Bedrooms: 13
  • Number Above Grade Bedrooms: 13
  • Total Bathrooms: 8
  • Total Full Bathrooms: 7
  • Total Number of Half Bathrooms: 1
  • Legal Description: 015-35880-00 Allentown Village Unit 601A, 015-35880-01 Allentown Village Unit 601B, 015-35880-02 All |
  • Parcel Number ID: 53-08-05-403-005.000-009
  • Platted: Yes
  • Amenities: Water Heater Electric, Water Heater Gas
  • Location: City/Town/Suburb
  • Sp Lp Percent: 90
  • Zoning Description: RM-Residential Multifamily
  • Annual Miscellaneous: 1350
  • Monthly Gross Income: 4375
  • Year Taxes Payable: 2012/2013
  • Special Features: None

Interior Features

  • Total Sq Ft: 5890
  • Total Finished Sq Ft: 5290
  • Above Grade Finished Sq Ft: 5290
  • Below Grade Sq Ft: 600
  • Price Per Sq Ft: 76.56
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Flooring: Carpet, Laminate, Ceramic Tile, Vinyl Tile
  • Total Below Grade Sq Ft: 600
  • Number Of Disposals: 6
  • Number Of Ranges Ovens: 6

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 11
  • Parking: Paved

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electricity, Gas, Forced Air
  • Water Utilities: City
  • Annual Insurance Expense: 2000
  • Annual Maintenance Expense: 2500
  • Annual Water Sewer Expense: 1320
  • Number Of W D Hookups: 6

Condo/Co-op/Association

  • Other Fee Description: Landlord pays Water/Sewer & Trash
  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Irregular
  • Lot Dimensions: 165x96
  • Estimated Lot Sq Ft: 15682
  • Estimated Lot Size Acres: 0.36

Rental Info

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

Tax Info

  • Exemptions: Homestead
  • Annual Property Tax: 8300

Multi Family

  • Gross Monthly Rent: 4400
  • Number Of Dishwashers: 6
  • Number Of Refrigerators: 6
  • Number Of Units: 6
  • Num Of2 Bedrooms: 5
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 6

MLS Schools

  • High School: Bloomington South
  • Middle School: Jackson Creek
  • School District: Monroe County Community School Corp.

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2014 05/23/14 Sold $405,000 -14.7% $77 / Sq Ft
04/21/2014 04/21/14 Pending -- -- --
08/30/2012 08/30/12 For Sale $475,000 -- $90 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 445427

Indiana Regional MLS