NOT LISTED FOR SALE

6220 S Victor Pike Bloomington, IN 47403

Estimated Value: $599,000 - $756,000

5 Beds
5 Baths
5,378 Sq Ft
$130/Sq Ft Est. Value

Last Sold January 21, 2021

Last sale price $543,000 $101 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,997/month

67 Days on Market

Highlights

  • Water Views
  • RV Parking in Community
  • Colonial Architecture
  • Bloomington High School South Rated A
  • 27.75 Acre Lot
  • Vaulted Ceiling

About This Home

As of January 2021

Spectacular views in all directions. 27 acres only 1.5 miles from Hwy 37 and I69 access. Beautiful land and surroundings. Mature trees that provide shade and charm to the home site. The overall value in this property is driven primarily by the value of the 27 acres of land. Owners lovingly called this home and lived in and maintained the home for many years as they raised their four children. They were deeply saddened by the condition of the property after they sold and were then forced to repossess. They have painted and have made some updates. The home still needs lots of TLC. Owners have priced the property $80,000 below appraised value to reflect the current condition and that improvements and updates are needed. The two story Colonial home with 5 bedrooms including 2 master suites, features a wonderful entry with mosaic tile flooring, large rooms, freshly painted, new flooring throughout most of the home. Original 2,295 sq ft home has 4 bedrooms, 2.5 baths, family room with wood burning fireplace & built in bookcase, living room, formal dining room, large & bright eat-in kitchen that opens to an exposed aggregate patio. A private master suite and second family room with 1,428 sq ft of finished space and partial basement with 756 sq ft unfinished space were added in 2008. Imagine 27 acres in Monroe County, fenced and cross fenced, with a creek that never stops flowing, two springs -one with mint flourishing on its banks, and a second improved spring that automatically replenishes watering vaults for livestock. Outbuildings include a 7,200 sq ft barn with electric, a shop barn with electric service, gas heat 3,600 sq ft, a third 3,600 sq ft barn with electric and water, and a small 1,000 sq ft shed. High speed internet service available through Smithville fiber optic service. As a side note, there is substantial value in the underlying limestone deposit. Survey, recent appraisal and analysis/valuation of limestone deposit are available for serious buyers. A portion of the property along the creek is in a flood plain. The majority of the property is elevated and buildable. Be sure to check out the virtual tour including aerial photos. Aerial pictures will be updated as the idle equipment that you can see in the aerial has been removed. Call today for your private tour.

Last Agent to Sell the Property

Alice Chastain

RE/MAX Acclaimed Properties Listed on: 08/27/2020

RE/MAX Acclaimed Properties

Co-Listed By

David Chastain

RE/MAX Acclaimed Properties

Last Buyer's Agent

Brandy Combs

Distinctive Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,475

Year Built

  • Built in 1965

Lot Details

  • 27.75 Acre Lot
  • Rural Setting
  • Irregular Lot
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

Parking

  • 2 Car Attached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • 1 Fireplace
  • Water Views
  • Partially Finished Basement
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Schools

  • Clear Creek Elementary School
  • Batchelor Middle School
  • Bloomington South High School

Utilities

  • Central Air
  • Propane
  • Private Company Owned Well
  • Well
  • Septic System

Additional Features

  • Covered Patio or Porch
  • Pasture

Community Details

  • RV Parking in Community

Listing and Financial Details

  • Assessor Parcel Number 53-08-31-200-002.000-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,475

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1965
  • Age: 55
  • Style: Two Story
  • Architectural Style: Colonial
  • Total Number of Rooms: 11
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 5
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 2
  • Legal Description: 014-02800-00 Pt Nw 31-8-1W 27.747 A Plat 1 |
  • Parcel Number ID: 53-08-31-200-002.000-008
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Ceilings-Vaulted, Closet(s) Walk-in, Countertops-Laminate, Dryer Hook Up Electric, Eat-In Kitchen, Patio Open, Porch Covered, RV Parking, Main Floor Laundry, Washer Hook-Up
  • Location: Rural, Near Walking Trail
  • Road Access: County
  • Road Surface: Asphalt
  • Sp Lp Percent: 99.87
  • Year Taxes Payable: 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 6134
  • Total Finished Sq Ft: 5378
  • Above Grade Finished Sq Ft: 5378
  • Below Grade Sq Ft: 756
  • Price Per Sq Ft: 100.97
  • Basement Foundation: Crawl, Slab, Partial Basement, Unfinished
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet, Tile, Vinyl
  • Living Great Room: Dimensions: 14x13, On Level: Main
  • Kitchen: Dimensions: 29x10, On Level: Main
  • Dining Room: Dimensions: 12x12, On Level: Main
  • Family Room: Dimensions: 20x15, On Level: Main
  • Extra Room: Family Room, Dimensions: 27x26, On Level: Main
  • Bedroom 1: Dimensions: 27x16, On Level: Main
  • Bedroom 2: Dimensions: 15x14, On Level: Upper
  • Bedroom 3: Dimensions: 15x12, On Level: Upper
  • Bedroom 4: Dimensions: 13x13, On Level: Upper
  • Bedroom 5: Dimensions: 12x10, On Level: Upper
  • Main Level Sq Ft: 2751
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 2
  • Total Below Grade Sq Ft: 756

Exterior Features

  • Exterior: Brick
  • Roof Material: Asphalt
  • Outbuilding1: Barn, Dimensions: 100x72, 7,200
  • Outbuilding2: Barn, 3,600

Garage/Parking

  • Driveway: Asphalt
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 27x22
  • Garage Sq Ft: 594
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: Duke Energy Indiana
  • Laundry: Dimensions: Mainx5, On Level: 15
  • Well Type: Private

Schools

  • School District: Monroe County Community School Corp.
  • Elementary School: Clear Creek
  • Middle School: Batchelor
  • High School: Bloomington South
  • Elementary School: Clear Creek

Lot Info

  • Lot Description: Irregular, Partially Wooded, Rolling, Slope, 15+, Pasture, Water View
  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 1208664
  • Estimated Lot Size Acres: 27.7471

Tax Info

  • Annual Taxes: 2474.76
  • Exemptions: Homestead, Mortgage, Supplemental

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2020
Closed on
Jan 20, 2021
Sold by
Freeman Mark and Freeman Yvonne
Bought by
Gerkin Bobby and Gerkin Jesse
Seller's Agent
Alice Chastain
RE/MAX Acclaimed Properties
Buyer's Agent
Brandy Combs
Distinctive Realty
List Price
$543,700
Sold Price
$543,000
Premium/Discount to List
-$700
-0.13%
Current Estimated Value
$698,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,752
Avg. Annual Appreciation
5.84%
Original Mortgage
$434,400
Outstanding Balance
$392,993
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$315,533

Purchase Details

Closed on
Aug 5, 2005
Sold by
Freeman Mark and Freeman Yvonne
Bought by
Freeman Mark and Freeman Yvonne
Source: Public Records

Range of Values:

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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
Gerkin Bobby -- None Available
Freeman Mark -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerkin Bobby $434,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2021 01/21/21 Sold $543,000 -0.1% $101 / Sq Ft
08/27/2020 08/27/20 For Sale $543,700 -- $101 / 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 $3,503 $411,100 $75,100 $336,000
2023 $1,797 $401,600 $69,300 $332,300
2022 $3,354 $373,000 $58,700 $314,300
2021 $2,911 $321,800 $50,400 $271,400
2020 $3,088 $318,800 $50,200 $268,600
2019 $2,440 $298,500 $46,700 $251,800
2018 $2,476 $299,200 $47,400 $251,800
2017 $2,469 $300,500 $51,300 $249,200
2016 $2,447 $302,200 $53,000 $249,200
2014 $2,468 $308,700 $48,700 $260,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202034280

Indiana Regional MLS

APN: 53-08-31-200-002.000-008