NOT LISTED FOR SALE

714 E Cottage Grove Ave Bloomington, IN 47408

Old Northeast Neighborhood

Estimated Value: $357,000 - $396,000

2 Beds
2 Baths
1,268 Sq Ft
$292/Sq Ft Est. Value

Last Sold August 27, 2019

Last sale price $245,000 $193 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,557/month

119 Days on Market

Highlights

  • Corner Lot
  • Covered patio or porch
  • Forced Air Heating System
  • University Elementary School Rated A
  • Eat-In Kitchen
  • 1-Story Property

About This Home

As of August 2019

Located just a five minute walk to the IMU, this property has enjoyed a great rental history. Two one bedroom units that have retained much character through the years. Hardwood floors, original trim and great location. Some utilities metered separately so can be in the tenants' names.

Last Agent to Sell the Property

Lisa Williamson

Orion Real Estate LLC Listed on: 04/28/2019

Last Buyer's Agent

Frank Kerker

812RealEstate.com

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,200

Year Built

  • Built in 1930

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 50x50
  • Corner Lot
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Asphalt Roof

Interior Spaces

  • 1-Story Property
  • Unfinished Basement
  • Block Basement Construction

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for building insurance, lawn maintenance
  • Assessor Parcel Number 53-05-33-106-010.000-005

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Maintenance Expense $1,500
  • Water Sewer Expense $720

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,200

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1930
  • Age: 89
  • Style: One Story
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 013-10260-00 ANDREW N1/2 LOT 11
  • Parcel Number ID: 53-05-33-106-010.000-005
  • Platted: Yes
  • Amenities: Basement, Countertops-Laminate, Eat-In Kitchen, Porch Covered
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 94.23
  • Monthly Gross Income: 1200
  • Year Taxes Payable: 2018/2019
  • Special Features: None

Interior Features

  • Total Sq Ft: 2268
  • Total Finished Sq Ft: 1268
  • Above Grade Finished Sq Ft: 1268
  • Below Grade Sq Ft: 1000
  • Price Per Sq Ft: 193.22
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Basement Material: Block
  • Flooring: Mixed
  • Main Level Sq Ft: 1268
  • Total Below Grade Sq Ft: 1000
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Asphalt
  • Stories: 1

Garage/Parking

  • Parking: Street

Utilities

  • Cooling: Window
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Water Company: Bloomington City Utility
  • Annual Insurance Expense: 1000
  • Annual Maintenance Expense: 1500
  • Annual Water Sewer Expense: 720
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Water Meters: 1

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, Level
  • Lot Dimensions: 50x50
  • Estimated Lot Sq Ft: 4356
  • Estimated Lot Size Acres: 0.1
  • Expiration Of Permit: 02/07/2020

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance
  • Tenant Pays: Electric

Multi Family

  • Gross Monthly Rent: 1200
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 4200

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

Listed on
Apr 28, 2019
Closed on
Aug 21, 2019
Sold by
Joseph E Crouch Limited Partnership
Bought by
Garnier Philippe Bernard and Tarter Gary Anthony
Seller's Agent
Lisa Williamson
Orion Real Estate LLC
Buyer's Agent
Frank Kerker
812RealEstate.com
List Price
$285,000
Sold Price
$245,000
Premium/Discount to List
-$40,000
-14.04%
Current Estimated Value
$370,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,675
Avg. Annual Appreciation
7.18%
Original Mortgage
$183,750
Outstanding Balance
$162,632
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$207,586
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
Garnier Philippe Bernard $245,000 John
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garnier Philippe Bernard $183,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2019 08/27/19 Sold $245,000 -5.8% $193 / Sq Ft
07/02/2019 07/02/19 Price Changed $260,000 -8.8% $205 / Sq Ft
04/28/2019 04/28/19 For Sale $285,000 0.0% $225 / Sq Ft
03/01/2018 03/01/18 Rented $585 -14.6% --
03/01/2018 03/01/18 Under Contract -- -- --
01/12/2018 01/12/18 For Rent $685 +14.2% --
08/01/2017 08/01/17 Under Contract -- -- --
02/17/2017 02/17/17 For Rent $600 0.0% --
02/17/2017 02/17/17 Rented $600 -- --
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 $6,114 $298,000 $112,300 $185,700
2023 $3,015 $284,200 $108,000 $176,200
2022 $5,511 $271,600 $108,000 $163,600
2021 $4,506 $216,900 $74,300 $142,600
2020 $4,356 $211,100 $67,500 $143,600
2019 $4,283 $203,700 $67,500 $136,200
2018 $4,369 $207,300 $77,600 $129,700
2017 $4,332 $205,100 $77,600 $127,500
2016 $4,263 $205,100 $77,600 $127,500
2014 $4,147 $198,800 $77,600 $121,200
Source: Public Records

Agents Affiliated with this Home

  • Lisa Williamson

    Seller's Agent in 2019

    Lisa Williamson

    Orion Real Estate LLC

    (812) 929-9312

    20 Total Sales

    Section Image
  • Frank Kerker

    Buyer's Agent in 2019

    Frank Kerker

    812RealEstate.com

    (812) 360-9088

    40 Total Sales

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201915992

Indiana Regional MLS

APN: 53-05-33-106-010.000-005

Indiana Monroe County Bloomington 47408 Old Northeast

714 E Cottage Grove Ave, Bloomington, IN

This home is located at 714 E Cottage Grove Ave, Bloomington, IN 47408 since 28 April 2019 and is currently estimated at $370,130, approximately $291 per square foot. This property was built in 1930. 714 E Cottage Grove Ave 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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