NOT LISTED FOR SALE

655 N Meadowlark Ln Bloomington, IN 47408

Estimated Value: $398,000 - $550,540

3 Beds
2 Baths
2,848 Sq Ft
$168/Sq Ft Est. Value

Last Sold October 04, 2013

Last sale price $175,000 $61 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $3,475/month

68 Days on Market

Highlights

  • Open Floorplan
  • Backs to Open Ground
  • Corner Lot
  • University Elementary School Rated A
  • Wood Flooring
  • Covered patio or porch

About This Home

As of October 2013

A rare find! A one owner duplex with 3 bedrooms, 2 baths and 2 car garage on each side. There are 2 bedrooms on main floor and 1 bedroom and bath down. The property is located close to shopping, restaurants, IU, etc. The neighborhood is safe and quiet and this property has a wonderful rental history. Property is well built, needs some minor updating, but, would make a wonderful investment. Live in one side and lease the other.

Last Agent to Sell the Property

Tammy Cartwright

Millican Realty Listed on: 07/19/2013

Last Buyer's Agent

Tammy Cartwright

Millican Realty Listed on: 07/19/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,711

Year Built

  • Built in 1970

Lot Details

  • 0.57 Acre Lot
  • Backs to Open Ground
  • Corner Lot
  • Sloped Lot

Home Design

  • Duplex
  • Walk-Out Ranch
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Screen For Fireplace
  • Double Pane Windows
  • Wood Flooring
  • Laminate Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement
  • Natural lighting in basement

Home Security

  • Storm Windows
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Garage
  • Private Parking
  • Gravel Driveway
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • ENERGY STAR Qualified Equipment for Heating

Outdoor Features

  • Balcony
  • Covered patio or porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • ENERGY STAR Qualified Air Conditioning
  • Heating System Uses Gas
  • Gas Water Heater
  • Private Sewer
  • Multiple Phone Lines
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, heating, lawn maintenance, snow removal, water
  • The owner pays for building insurance, maintenance, sewer, tax
  • Assessor Parcel Number 53-05-35-400-033.000-005

Community Details

Overview

  • 2 Units
  • Grand View / Grandview Subdivision

Amenities

  • Community Storage Space

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,711

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1970
  • Age: 43
  • Style: One Story
  • Architectural Style: Walkout Ranch
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 013-24000-06 PT NE SE 35-9-1W .57 Plat |
  • Parcel Number ID: 53-05-35-400-033.000-005
  • Platted: Yes
  • Amenities: Basement, Fireplace, Off Street Parking, Storage, Balcony, Cable Available, Cable Ready, Countertops-Laminate, Deck Open, Detector-Carbon Monoxide, Detector-Smoke, Fireplace Screen/Door, Multiple Phone Lines, Open Floor Plan, Porch Covered, Storm Windows, Water Heater Gas
  • Location: Near College Campus
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 92.59
  • Monthly Gross Income: 1250
  • Year Taxes Payable: 2012/2013
  • Special Features: None

Interior Features

  • Total Sq Ft: 2848
  • Total Finished Sq Ft: 2848
  • Above Grade Finished Sq Ft: 2848
  • Price Per Sq Ft: 61.45
  • Basement Foundation: Daylight, Full Basement, Partially Finished, Walk-Out Basement
  • Basement Material: Block
  • Flooring: Wood
  • Main Level Sq Ft: 2848
  • Number Below Grade Bathrooms: 1
  • Number Of Disposals: 2
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 2

Exterior Features

  • Exterior: Brick
  • Roof Material: Shingle
  • Stories: 1

Garage/Parking

  • Parking: Garage, Gravel, Off Street, Private

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Other Heating Fuel, Forced Air
  • Sewer: Private
  • Water Utilities: City
  • Hvac: Energy Star A/C, Energy Star Heating
  • Annual Insurance Expense: 800
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 2

Schools

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

Lot Info

  • Lot Description: Corner, Slope
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 24829
  • Estimated Lot Size Acres: 0.57

Green Features

  • Energy Efficient: Appliances, Windows
  • Energy Efficient Windows/Doors: Double Pane Windows, Insulated Doors, Multi Pane Windows, Storm Windows

Rental Info

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

Tax Info

  • Total Assessed Value: 182700
  • Annual Property Tax: 3711

Multi Family

  • Gross Monthly Rent: 1250
  • Number Of Dishwashers: 2
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of1 Bedrooms: 3
  • Num Of2 Bedrooms: 3
  • Num Of Units Rented: 2

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

Closed on
May 17, 2021
Sold by
June Bug Llc
Bought by
Arce Michael and Arce Marisa
Current Estimated Value
$473,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,750
Outstanding Balance
$328,314
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$179,682

Purchase Details

Listed on
Jul 19, 2013
Closed on
Oct 4, 2013
Sold by
Staats James F
Bought by
June Bug Llc
Seller's Agent
Tammy Cartwright
Millican Realty
Buyer's Agent
Tammy Cartwright
Millican Realty
List Price
$189,000
Sold Price
$175,000
Premium/Discount to List
-$14,000
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.41%
Original Mortgage
$155,000
Interest Rate
4.56%
Mortgage Type
Unknown
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
Arce Michael $477,000 None Available
June Bug Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arce Michael $357,750
Previous Owner June Bug Llc $6,000
Previous Owner June Bug Llc $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2013 10/04/13 Sold $175,000 -7.4% $61 / Sq Ft
09/25/2013 09/25/13 Pending -- -- --
07/19/2013 07/19/13 For Sale $189,000 -- $66 / 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 $10,620 $517,600 $99,200 $418,400
2023 $10,470 $493,500 $95,400 $398,100
2022 $8,812 $434,300 $81,500 $352,800
2021 $4,450 $214,200 $57,100 $157,100
2020 $4,503 $218,200 $53,000 $165,200
2019 $4,378 $208,200 $53,000 $155,200
2018 $4,240 $201,200 $53,000 $148,200
2017 $3,863 $182,900 $44,800 $138,100
2016 $3,637 $175,000 $44,800 $130,200
2014 $3,669 $175,900 $44,800 $131,100
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2013

    Tammy Cartwright

    Millican Realty

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Map

Source: Indiana Regional MLS

MLS Number: 201309485

Indiana Regional MLS

APN: 53-05-35-400-033.000-005

Indiana Monroe County Bloomington 47408

655 N Meadowlark Ln, Bloomington, IN

This home is located at 655 N Meadowlark Ln, Bloomington, IN 47408 since 19 July 2013 and is currently estimated at $477,385, approximately $167 per square foot. This property was built in 1970. 655 N Meadowlark Ln is a home located in Monroe County with nearby schools including University Elementary School, Tri-North Middle School, and Bloomington High School North.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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