NOT LISTED FOR SALE

Estimated Value: $379,000 - $739,000

10 Beds
10 Baths
5,280 Sq Ft
$117/Sq Ft Est. Value

Last Sold September 03, 2021

Last sale price $615,600 $117 Per Sq Ft

Current estimated payment $4,326/month

37 Days on Market

Highlights

  • Wooded Lot
  • Wood Flooring
  • Walk-In Closet
  • Jackson Creek Middle School Rated A
  • Covered Patio or Porch
  • Laundry closet

About This Home

As of September 2021

Great fully leased turn-key investment opportunity with room to increase rent. Long term tenants. Very well maintained. This property consists of two duplexes. Each duplex has a very spacious 3BR/2BA unit and a 2BR/2.5 BA unit. Updated leases through 2022. Updates include: new roof, appliances, paint, countertops, flooring, etc. Too many to list! Rents currently priced below market value with room to increase.

Last Agent to Sell the Property

Adam Wright

Trueblood Real Estate Listed on: 06/16/2021

Trueblood Real Estate

Last Buyer's Agent

Jeff Brawley

Brawley Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,523

Year Built

  • Built in 1995

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 120 x 132
  • Landscaped
  • Wooded Lot

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Concrete Siding
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Ceiling Fan

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry closet
  • Washer Hookup

Finished Basement

  • Sump Pump
  • 4 Bathrooms in Basement
  • 10 Bedrooms in Basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 10 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, heating, sewer, water
  • The owner pays for building insurance, lawn maintenance, maintenance, snow removal, tax
  • Assessor Parcel Number 53-08-09-104-200.000-009

Community Details

Overview

  • 2 Buildings
  • 4 Units

Pet Policy

  • Pet Restriction

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $1,732
  • Maintenance Expense $1,573

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,523

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1995
  • Age: 26
  • Style: One Story
  • Bedrooms: 10
  • Total Bathrooms: 10
  • Total Full Bathrooms: 8
  • Total Number of Half Bathrooms: 2
  • Legal Description: BARCLAY GARDENS PT LOTS 63/64
  • Parcel Number ID: 53-08-09-104-200.000-009
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Off Street Parking, Cable Ready, Closet(s) Walk-in, Deck Open, Detector-Carbon Monoxide, Detector-Smoke, Landscaped, Porch Covered, Water Heater Gas, Sump Pump, Washer Hook-Up
  • Number Below Grade Bedrooms: 10
  • Sp Lp Percent: 89.35
  • Monthly Gross Income: 3250
  • Special Features: None

Interior Features

  • Total Sq Ft: 5280
  • Total Finished Sq Ft: 5280
  • Above Grade Finished Sq Ft: 2640
  • Below Grade Finished Sq Ft: 2640
  • Price Per Sq Ft: 233.18
  • Basement: Yes
  • Basement Foundation: Finished
  • Flooring: Carpet, Ceramic Tile, Laminate, Wood
  • Number Below Grade Bathrooms: 4
  • Total Below Grade Sq Ft: 2640
  • Number Of Disposals: 4
  • Number Of Microwaves: 4
  • Number Of Ranges Ovens: 4
  • Number Ttl Rooms Below Grade: 10

Exterior Features

  • Exterior: Brick, Concrete, Vinyl
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 10

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 1732
  • Annual Maintenance Expense: 1573
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Number Of W D Hookups: 8
  • Number Water Meters: 4

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Wooded
  • Lot Dimensions: 120 X 132
  • Estimated Lot Sq Ft: 15838
  • Estimated Lot Size Acres: 0.3636
  • Lot Number: 63

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance, Snow Removal, Tax
  • Tenant Pays: Cable, Cooling, Electric, Heating, Sewer, Water

Multi Family

  • Gross Monthly Rent: 3250
  • Number Of Dishwashers: 4
  • Number Of Dryers: 4
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Number Of Washers: 4
  • Num Of2 Bedrooms: 2
  • Number Of 3 Bedrooms: 2
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 6523

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2022
Sold by
Brawley Investment Group Llc
Bought by
1385 W Allen St Llc
Current Estimated Value
$617,301

Purchase Details

Listed on
Jun 16, 2021
Closed on
Sep 3, 2021
Sold by
Skiles Capital Company Llc
Bought by
Brawley Investment Group Llc
Seller's Agent
Adam Wright
Trueblood Real Estate
Buyer's Agent
Jeff Brawley
Brawley Real Estate
List Price
$689,000
Sold Price
$615,600
Premium/Discount to List
-$73,400
-10.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.51%
Original Mortgage
$461,700
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 31, 2017
Closed on
Mar 3, 2017
Sold by
Douglas Leister
Bought by
Sean Skiles
Seller's Agent
Rhiannon Howard
Dzierba Real Estate Services
List Price
$325,000
Sold Price
$289,000
Premium/Discount to List
-$36,000
-11.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.25%

Purchase Details

Listed on
Jan 31, 2017
Closed on
Mar 2, 2017
Sold by
Pensco Trust Co
Bought by
Skiles Capital Company Llc
Seller's Agent
Rhiannon Howard
Dzierba Real Estate Services
List Price
$325,000
Sold Price
$289,000
Premium/Discount to List
-$36,000
-11.08%

Purchase Details

Closed on
Dec 19, 2005
Sold by
Moore Robert V
Bought by
Myers Justin and Myers Dow M
Source: Public Records

Range of Values:

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Average Value
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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
1385 W Allen St Llc $615,600 Title Plus
Brawley Investment Group Llc -- None Available
Sean Skiles $289,000 --
Skiles Capital Company Llc -- None Available
Myers Justin -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brawley Investment Group Llc $461,700
Previous Owner Myers Justin $228,141
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2021 09/03/21 Sold $615,600 -10.7% $117 / Sq Ft
07/23/2021 07/23/21 Pending -- -- --
06/16/2021 06/16/21 For Sale $689,000 +138.4% $130 / Sq Ft
03/03/2017 03/03/17 Sold $289,000 -11.1% $55 / Sq Ft
02/09/2017 02/09/17 Pending -- -- --
01/31/2017 01/31/17 For Sale $325,000 +31.3% $62 / Sq Ft
10/30/2015 10/30/15 Sold $247,500 -8.0% $47 / Sq Ft
10/14/2015 10/14/15 Pending -- -- --
08/28/2015 08/28/15 For Sale $269,000 -- $51 / 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 $12,594 $615,200 $96,000 $519,200
2023 $6,450 $609,600 $96,000 $513,600
2022 $11,265 $556,400 $96,000 $460,400
2021 $6,973 $336,400 $48,000 $288,400
2020 $6,523 $315,600 $48,000 $267,600
2019 $6,422 $305,400 $48,000 $257,400
2018 $5,783 $274,400 $48,000 $226,400
2017 $5,225 $247,400 $48,000 $199,400
2016 $5,135 $247,400 $48,000 $199,400
2014 $7,275 $349,400 $48,000 $301,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202123017

Indiana Regional MLS

APN: 53-08-09-104-200.000-009