NOT LISTED FOR SALE

705 N Lincoln St Bloomington, IN 47408

Old Northeast Neighborhood

Estimated Value: $354,000 - $661,000

2 Beds
2 Baths
1,554 Sq Ft
$311/Sq Ft Est. Value

Last Sold August 16, 2018

Last sale price $185,000 $119 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $3,411/month

Highlights

  • Covered Patio or Porch
  • Central Air
  • 1-Story Property
  • University Elementary School Rated A

About This Home

As of August 2018

This home is located at 705 N Lincoln St, Bloomington, IN 47408 since 23 May 2018 and is currently estimated at $482,926, approximately $310 per square foot. This property was built in 1900. 705 N Lincoln St is a home located in Monroe County with nearby schools including University Elementary School, Tri-North Middle School, and Bloomington High School North.

Last Agent to Sell the Property

James Regester

Realty Professionals Listed on: 05/23/2018

Realty Professionals

Last Buyer's Agent

Cindy Oswalt

FC Tucker/Bloomington REALTORS

FC Tucker/Bloomington REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,937

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 56 x 132
  • Irregular Lot

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • On-Street Parking

Schools

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

Utilities

  • Central Air
  • Heating System Uses Gas

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for cable, electric
  • The owner pays for building insurance, sewer, water
  • Assessor Parcel Number 53-05-33-209-005.000-005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,937

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 013-30650-00 Rhorer Pt Lot 2 (Except South 3') |
  • Parcel Number ID: 53-05-33-209-005.000-005
  • Platted: Yes
  • Amenities: Porch Covered
  • Cross Street: Cottage Grove/11th
  • Grid: Northeast Bloomington Cit-2000
  • Location: City/Town/Suburb, Near College Campus
  • Special Features: None

Interior Features

  • Total Sq Ft: 1554
  • Total Finished Sq Ft: 1554
  • Above Grade Finished Sq Ft: 1554
  • Basement Foundation: Crawl
  • Main Level Sq Ft: 1554
  • Number Of Ranges Ovens: 2

Exterior Features

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

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Water Company: Bloomington City Utility
  • Cable Company: Comcast
  • Number Of W D Hookups: 2

Schools

  • Elementary School: University

Lot Info

  • Lot Description: Irregular
  • Lot Dimensions: 56 x 132
  • Estimated Lot Sq Ft: 7405
  • Estimated Lot Size Acres: 0.17

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Sewer, Water
  • Tenant Pays: Cable, Electric

Tax Info

  • Annual Property Tax: 3937

Multi Family

  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 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
Nov 20, 2020
Sold by
Package1 Llc
Bought by
Bmi 2020 Llc
Current Estimated Value
$482,926

Purchase Details

Closed on
Sep 14, 2020
Sold by
705 N Lincoln Llc
Bought by
Package1 Llc

Purchase Details

Listed on
May 23, 2018
Closed on
Aug 14, 2018
Sold by
Lorch Vivian W
Bought by
Demming Sheree R
Seller's Agent
James Regester
Realty Professionals
Buyer's Agent
Cindy Oswalt
FC Tucker/Bloomington REALTORS
List Price
$225,000
Sold Price
$185,000
Premium/Discount to List
-$40,000
-17.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.86%
Original Mortgage
$277,600
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Bmi 2020 Llc -- None Available
Package1 Llc -- None Available
Demming Sheree R $173,500 --
705 N Lincoln Llc $173,500 Titleplus
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 705 N Lincoln Llc $277,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2018 08/16/18 Sold $185,000 -17.8% $119 / Sq Ft
05/23/2018 05/23/18 Pending -- -- --
05/23/2018 05/23/18 For Sale $225,000 -- $145 / 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 $10,634 $335,900 $155,400 $180,500
2023 $3,402 $320,700 $149,400 $171,300
2022 $6,150 $303,100 $149,400 $153,700
2021 $5,351 $257,600 $102,700 $154,900
2020 $4,086 $198,000 $93,400 $104,600
2019 $3,663 $174,200 $93,400 $80,800
2018 $3,947 $187,300 $86,200 $101,100
2017 $3,937 $186,400 $86,200 $100,200
2016 $4,073 $196,000 $86,200 $109,800
2014 $3,976 $190,600 $86,200 $104,400
Source: Public Records

Agents Affiliated with this Home

  • James Regester

    Seller's Agent in 2018

    James Regester

    RE/MAX

    (812) 650-3600

    3 in this area

    119 Total Sales

    James Regester
    Section Image
  • Cindy Oswalt

    Buyer's Agent in 2018

    Cindy Oswalt

    FC Tucker/Bloomington REALTORS

    (812) 322-3317

    24 Total Sales

    Cindy Oswalt
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201821644

Indiana Regional MLS

APN: 53-05-33-209-005.000-005

Indiana Monroe County Bloomington 47408 Old Northeast

705 N Lincoln St, Bloomington, IN

Not Listed for Sale

MultiFamily

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