NOT LISTED FOR SALE

Estimated Value: $428,000 - $530,000

8 Beds
4 Baths
2,832 Sq Ft
$164/Sq Ft Est. Value

Last Sold August 07, 2015

Last sale price $167,500 $59 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $2,852/month

226 Days on Market

Highlights

  • Open Floorplan
  • Backs to Open Ground
  • Fenced Yard
  • Tri-North Middle School Rated A
  • Solid Surface Countertops
  • Balcony

About This Home

As of August 2015

Fantastic value is found in this 8 bedroom/4 full bath duplex in the NW downtown of Bloomington just West of Indiana University! Spacious 1,424 sqft units with open floor plans and plenty of parking in a great location-great recipe for an easy to lease investment property. Super rental history. Don’t miss this incredible value for almost 3,000 sqft of newer construction and this fantastic location!

Last Listed By

Andy Walker

RE/MAX Acclaimed Properties Listed on: 08/01/2014

RE/MAX Acclaimed Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1992

Lot Details

  • 7,318 Sq Ft Lot
  • Lot Dimensions are 60x122
  • Backs to Open Ground
  • Fenced Yard
  • Chain Link Fence
  • Level Lot

Home Design

  • Duplex
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Screen For Fireplace
  • Storage In Attic
  • Washer Hookup

Kitchen

  • Breakfast Bar
  • Solid Surface Countertops

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Finished Basement

  • Exterior Basement Entry
  • Sump Pump
  • Block Basement Construction
  • 2 Bathrooms in Basement
  • 4 Bedrooms in Basement

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 8 Parking Spaces
  • Private Parking
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Balcony

Schools

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

Utilities

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

Listing and Financial Details

  • Tenant pays for cable, cooling, deposit value, electric, heating, sewer, water
  • The owner pays for lawn maintenance, snow removal, tax
  • Assessor Parcel Number 53-05-32-103-004.000-005

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $2,021
  • Maintenance Expense $1,140

Property Details

Home Type

Multi-Family

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1992
  • Age: 23
  • Bedrooms: 8
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: 013-30280-00 Outlot PT 117, 60x122; .17A |
  • Parcel Number ID: 53-05-32-103-004.000-005
  • Platted: Yes
  • Amenities: Ceiling Fan, Fenced Yard, Fireplace, Off Street Parking, Attic Storage, Balcony, Breakfast Bar, Cable Ready, Ceiling-9+, Countertops-Solid Surf, Deck Open, Detector-Smoke, Fireplace Screen/Door, Open Floor Plan, Storm Doors, Storm Windows, Water Heater Gas, Sump Pump, Washer Hook-Up
  • Number Below Grade Bedrooms: 4
  • Sp Lp Percent: 93.11
  • Monthly Gross Income: 1800
  • Year Taxes Payable: 4810.56
  • Special Features: None

Interior Features

  • Total Sq Ft: 2832
  • Total Finished Sq Ft: 2832
  • Above Grade Finished Sq Ft: 1424
  • Below Grade Finished Sq Ft: 1408
  • Price Per Sq Ft: 117.63
  • Basement: Yes
  • Basement Foundation: Finished, Outside Entrance Only, Outside Entrance
  • Basement Material: Block
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Number Below Grade Bathrooms: 2
  • Total Below Grade Sq Ft: 1408
  • Number Of Disposals: 2
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 6

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Fence: Chain Link
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 8
  • Parking: Off Street, Paved, Private

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 2021
  • Annual Maintenance Expense: 1140
  • Number Of W D Hookups: 2

Schools

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

Lot Info

  • Lot Description: Level, Slope
  • Lot Dimensions: 60x122
  • Estimated Lot Sq Ft: 7318
  • Estimated Lot Size Acres: 0.168

Rental Info

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

Multi Family

  • Gross Monthly Rent: 1800
  • Number Of Dishwashers: 2
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Number Of 4 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 4810.56

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
Dec 28, 2023
Sold by
Vineta Srivastava
Bought by
True Ventures Llc
Total Days on Market
226
Current Estimated Value
$463,376

Purchase Details

Listed on
Aug 1, 2014
Closed on
Jul 29, 2015
Sold by
Pensco Trust Co and Benton Stephanie
Bought by
Abhinava Kumar and Srivastava Vineta
Seller's Agent
Andy Walker
RE/MAX Acclaimed Properties
Buyer's Agent
Aaron Steele
FC Tucker/Bloomington REALTORS
List Price
$199,900
Sold Price
$167,500
Premium/Discount to List
-$32,400
-16.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.93%

Purchase Details

Listed on
Aug 1, 2014
Closed on
Jul 22, 2015
Sold by
Oliver Joanne
Bought by
Kumar Abhinava and Kumar Vineta Srivastava
Seller's Agent
Andy Walker
RE/MAX Acclaimed Properties
Buyer's Agent
Aaron Steele
FC Tucker/Bloomington REALTORS
List Price
$199,900
Sold Price
$167,500
Premium/Discount to List
-$32,400
-16.21%

Purchase Details

Closed on
Jan 9, 2006
Sold by
Md Properties Of Monroe County Llc
Bought by
Pensco Trust Co and Benton Ira Stephanie

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
True Ventures Llc $400,000 John Bethel Title Company
True Ventures Llc $400,000 John Bethel Title Company
Abhinava Kumar -- None Available
Kumar Abhinava $167,500 --
Pensco Trust Co -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2015 08/07/15 Sold $167,500 -16.2% $59 / Sq Ft
03/15/2015 03/15/15 Pending -- -- --
08/01/2014 08/01/14 For Sale $199,900 -- $71 / 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
2023 $3,100 $292,200 $59,000 $233,200
2022 $5,395 $265,900 $51,300 $214,600
2021 $4,774 $224,700 $34,900 $189,800
2020 $4,422 $214,300 $30,800 $183,500
2019 $4,384 $208,500 $30,800 $177,700
2018 $4,076 $193,400 $27,300 $166,100
2017 $3,992 $189,000 $27,300 $161,700
2016 $3,988 $191,900 $27,300 $164,600
2014 $4,829 $231,500 $27,300 $204,200
2013 $4,829 $231,700 $27,300 $204,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201433381

Indiana Regional MLS

APN: 53-05-32-103-004.000-005