NOT LISTED FOR SALE

7008 S Ketcham Rd Bloomington, IN 47403

Estimated Value: $605,000 - $774,000

3 Beds
3.5 Baths
3,225 Sq Ft
$211/Sq Ft Est. Value

Last Sold February 10, 2017

Last sale price $419,000 $130 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,904/month

181 Days on Market

Highlights

  • Spa
  • RV Parking in Community
  • Fireplace in Bedroom
  • Jackson Creek Middle School Rated A
  • 13 Acre Lot
  • Vaulted Ceiling

About This Home

As of February 2017

This amazing 13 +/- acre property has roots in local history. The whole farm was originally awarded to Joseph Mitchell for services rendered in the war of 1812. The original springhouse and beautifully weathered and structurally sound barn are still on the property. In 1978 this house was lovingly created from a barn on-site from the 1800's. It is stunning with gorgeous poplar floors, walls and trim. The kitchen features cabinetry reclaimed from I.U. There are 3 bedrooms, 3.5 baths, one of which is a sensational master suite with fireplace. There is a sunroom, a 2 sided fireplace between the kitchen and the living room with a built-in seating area, a phenomenal library/office, covered rear porch overlooking the crab apple orchard, a guest bedroom w/full bath. The lower level is currently being used as an efficiency apartment but would make a great 3rd bedroom. Additional amenities include the oversized 2 car garage with a large studio above, the breezeway and greenhouse with hot tub, sauna and outdoor shower. 24 hours' notice required for showings.

Last Buyer's Agent

Kristi Gibbs

Century 21 Scheetz - Bloomington

Century 21 Scheetz - Bloomington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,089

Year Built

  • Built in 1978

Lot Details

  • 13 Acre Lot
  • Rural Setting
  • Lot Has A Rolling Slope
  • Partially Wooded Lot
  • Zoning described as Ag/RR

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Log Cabin
  • Metal Roof
  • Log Siding

Interior Spaces

  • Woodwork
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • 3 Fireplaces
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Kitchen Island
  • Built-In or Custom Kitchen Cabinets
  • Fireplace in Kitchen

Flooring

  • Wood
  • Parquet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Double Vanity
  • Bidet
  • Bathtub With Separate Shower Stall

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Stone or Rock in Basement
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Outdoor Features

  • Spa
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Septic System
  • Cable TV Available

Community Details

  • RV Parking in Community
  • Sauna

Listing and Financial Details

  • Assessor Parcel Number 53-11-05-200-003.000-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,089

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1978
  • Architectural Style: Log
  • Bedrooms: 3
  • Total Bathrooms: 4
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Legal Description: Pt NW 5-7-1W (13+/- Acres) Plat 2 State ID #53-11-05-200-003.000-006
  • Parcel Number ID: 53-11-05-200-003.000-006
  • Platted: Yes
  • Amenities: Hot Tub/Spa, 1st Bdrm En Suite, Cable Ready, Ceilings-Vaulted, Closet(s) Walk-in, Deck Open, Detector-Smoke, Eat-In Kitchen, Garage Door Opener, Guest Quarters, Kitchen Island, Natural Woodwork, Patio Covered, Porch Covered, Twin Sink Vanity, RV Parking, Stand Up Shower, Tub and Separate Shower, Bidet, Custom Cabinetry
  • Cross Street: South Old St Rd 37
  • Grid: Southwest Monroe County-D000
  • Location: Rural
  • Number Below Grade Bedrooms: 1
  • Road Access: County
  • Road Surface: Paved
  • Section Number: 5
  • Zoning Description: Ag/RR
  • Special Features: None

Interior Features

  • Total Sq Ft: 3791
  • Total Finished Sq Ft: 3225
  • Above Grade Finished Sq Ft: 2611
  • Below Grade Finished Sq Ft: 614
  • Below Grade Sq Ft: 566
  • Basement: Yes
  • Basement Foundation: Full Basement, Walk-Out Basement, Partially Finished
  • Basement Material: Stone
  • Number Of Fireplaces: 3
  • Fireplace: Kitchen, Living/Great Rm, 1st Bdrm, Wood Burning, Two
  • Flooring: Hardwood Floors, Parquet, Vinyl
  • Living Great Room: Dimensions: 21x25, On Level: Main
  • Kitchen: Dimensions: 14x29, On Level: Main
  • Extra Room: Library, Dimensions: 12x21, On Level: Main
  • Bedroom 1: Dimensions: 16x20, On Level: Upper
  • Bedroom 2: Dimensions: 12x15, On Level: Upper
  • Bedroom 3: Dimensions: 22x17, On Level: Lower
  • Other Room1: Sun Room, Dimensions: 13x14, On Level: Main
  • Other Room 3: Studio Over Garage, Dimensions: 15x23, On Level: Upper
  • Main Level Sq Ft: 1431
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1180

Exterior Features

  • Exterior: Log
  • Roof Material: Metal
  • Outbuilding1: Barn, Dimensions: 35x47, 1645

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 23x25

Utilities

  • Cooling: Central Air, Heat Pump
  • Heating Fuel: Electric, Forced Air, Heat Pump
  • Sewer: Septic
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Water Company: Southern Monroe Water
  • Cable Company: Comcast
  • Laundry: On Level: 0

Condo/Co-op/Association

  • Common Amenities: Sauna

Lot Info

  • Lot Description: Partially Wooded, Rolling, 10-14.999
  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 566280
  • Estimated Lot Size Acres: 13
  • Zoning: A Agricultural District

Tax Info

  • Annual Taxes: 2088.86
  • Exemptions: Homestead, Supplemental

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2016
Closed on
Feb 10, 2017
Sold by
Christi William Eric
Bought by
Bell Sean Patrick and Taylor Bell Lindsay Margaret
Buyer's Agent
Kristi Gibbs
Century 21 Scheetz - Bloomington
List Price
$499,900
Sold Price
$419,000
Premium/Discount to List
-$80,900
-16.18%
Current Estimated Value
$680,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,200
Avg. Annual Appreciation
5.56%
Original Mortgage
$335,200
Outstanding Balance
$278,459
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$401,741

Purchase Details

Closed on
Aug 16, 2016
Sold by
Christ William Eric
Bought by
Carmichael David W and Carmichael Heidi Laura Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,500
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Bell Sean Patrick -- None Available
Carmichael David W -- None Available
Harris Richard A -- None Available
Christ William Eric -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bell Sean Patrick $335,200
Previous Owner Harris Richard A $164,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2017 02/10/17 Sold $419,000 -16.2% $130 / Sq Ft
12/28/2016 12/28/16 Pending -- -- --
06/30/2016 06/30/16 For Sale $499,900 -- $155 / 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 $4,578 $518,700 $94,400 $424,300
2023 $2,231 $495,700 $90,300 $405,400
2022 $4,119 $460,700 $72,700 $388,000
2021 $3,940 $429,100 $72,700 $356,400
2020 $4,009 $417,500 $65,700 $351,800
2019 $3,281 $397,300 $65,700 $331,600
2018 $3,253 $390,100 $65,700 $324,400
2017 $2,963 $363,100 $55,200 $307,900
2016 $2,520 $269,900 $47,900 $222,000
2014 $1,909 $247,200 $41,100 $206,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201630305

Indiana Regional MLS

APN: 53-11-05-200-003.000-006