NOT LISTED FOR SALE

702 E 1st St Bloomington, IN 47401

Elm Heights Neighborhood

Estimated Value: $498,000 - $654,000

4 Beds
2.5 Baths
2,208 Sq Ft
$265/Sq Ft Est. Value

Last Sold April 15, 2021

Last sale price $480,000 $217 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,665/month

44 Days on Market

Highlights

  • Open Floorplan
  • Backs to Open Ground
  • Corner Lot
  • Binford Elementary School Rated A
  • Wood Flooring
  • Stone Countertops

About This Home

As of April 2021

The sellers' have polished this 1928 bungalow into a gem! The home now has 4BRs/2.5 baths (including owner's suite,) a to-the-studs custom kitchen, a large heated screened porch, skylights, & more. There is an extensive list of improvements attached to the disclosures. Charm exudes throughout, with hardwood floors, handsome limestone fireplace, & ample windows. South of IU campus, a block north of Bryan Park.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,045

Year Built

  • Built in 1928

Lot Details

  • 4,792 Sq Ft Lot
  • Backs to Open Ground
  • Landscaped
  • Corner Lot

Parking

  • 1 Car Garage
  • Basement Garage
  • Garage Door Opener

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Shingle Roof
  • Composite Building Materials

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Built-in Bookshelves
  • Woodwork
  • Pocket Doors
  • Living Room with Fireplace
  • Formal Dining Room
  • Screened Porch
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Stone Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Location

  • Suburban Location

Schools

  • Rogers/Binford Elementary School
  • Jackson Creek Middle School
  • Bloomington South High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 53-08-04-113-094.000-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,045

Year Built

Built in 1928

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1928
  • Age: 93
  • Style: One and Half Story
  • Architectural Style: Bungalow
  • Total Number of Rooms: 10
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: Allendale 2nd PT Lot 79
  • Parcel Number ID: 53-08-04-113-094.000-009
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Breakfast Bar, Built-In Bookcase, Cable Ready, Countertops-Stone, Detector-Smoke, Garage Door Opener, Landscaped, Natural Woodwork, Open Floor Plan, Pocket Doors, Porch Covered, Porch Screened, Formal Dining Room
  • Cross Street: Fess
  • Grid: Southeast Bloomington Cit-3000
  • Improvmnts In Last5 Yrs: Yes
  • Inside City Limits: Yes
  • Location: City/Town/Suburb, Near College Campus
  • Sp Lp Percent: 101.1
  • Year Taxes Payable: 2020
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 3344
  • Total Finished Sq Ft: 2208
  • Above Grade Finished Sq Ft: 2208
  • Below Grade Sq Ft: 1136
  • Price Per Sq Ft: 217.39
  • Basement: Yes
  • Basement Foundation: Full Basement, Walk-Out Basement, Unfinished
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Tile
  • Living Great Room: Dimensions: 15x18, On Level: Main
  • Kitchen: Dimensions: 16x18, On Level: Main
  • Dining Room: Dimensions: 14x12, On Level: Main
  • Family Room: Dimensions: 14x14, On Level: Main
  • Bedroom 1: Dimensions: 17x12, On Level: Upper
  • Bedroom 2: Dimensions: 13x11, On Level: Upper
  • Bedroom 3: Dimensions: 12x9, On Level: Upper
  • Bedroom 4: Dimensions: 10x11, On Level: Main
  • Main Level Sq Ft: 1216
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1136

Exterior Features

  • Exterior: Brick, Fiber Cement
  • Roof Material: Composite, Shingle
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Basement
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 11x20
  • Garage Sq Ft: 220
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: Public
  • Electric Company: Duke Energy Indiana
  • Gas Company: Vectren Energy
  • Water Company: Bloomington City Utility
  • Cable Company: Comcast, AT&T
  • Laundry: Dimensions: Lowerx12, On Level: 12

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 4792
  • Estimated Lot Size Acres: 0.11

Tax Info

  • Annual Taxes: 3045
  • Exemptions: Homestead, Mortgage

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2021
Closed on
Apr 15, 2021
Sold by
Allen Matthew L and Allen Eva Sanders
Bought by
Christensen Katherine Lynn and Shumyatsky Alexander
List Price
$474,800
Sold Price
$480,000
Premium/Discount to List
$5,200
1.1%
Current Estimated Value
$585,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,989
Avg. Annual Appreciation
4.77%
Original Mortgage
$384,000
Outstanding Balance
$348,951
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$239,214
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
Christensen Katherine Lynn -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Christensen Katherine Lynn $384,000
Previous Owner Allen Matthew L $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2021 04/15/21 Sold $480,000 +1.1% $217 / Sq Ft
02/24/2021 02/24/21 For Sale $474,800 -- $215 / 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 $5,665 $502,800 $100,800 $402,000
2023 $2,770 $496,800 $99,800 $397,000
2022 $5,015 $453,000 $87,600 $365,400
2021 $3,158 $301,000 $80,500 $220,500
2020 $2,945 $279,800 $77,700 $202,100
2019 $3,045 $288,300 $49,400 $238,900
2018 $2,950 $278,700 $52,100 $226,600
2017 $2,837 $267,800 $52,100 $215,700
2016 $2,825 $266,500 $52,100 $214,400
2014 $2,715 $257,700 $52,100 $205,600
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 202105642

Indiana Regional MLS

APN: 53-08-04-113-094.000-009

Indiana Monroe County Bloomington 47401 Elm Heights

702 E 1st St, Bloomington, IN

This home is located at 702 E 1st St, Bloomington, IN 47401 since 24 February 2021 and is currently estimated at $585,989, approximately $265 per square foot. This property was built in 1928. 702 E 1st St is a home located in Monroe County with nearby schools including Binford Elementary School, Rogers Elementary School, and Jackson Creek Middle School.

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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