714 W Wylie St Bloomington, IN 47403
McDoel Gardens NeighborhoodEstimated Value: $343,000 - $474,000
8
Beds
5
Baths
3,014
Sq Ft
$132/Sq Ft
Est. Value
Highlights
- Tile Flooring
- Forced Air Heating and Cooling System
- Level Lot
- Jackson Creek Middle School Rated A
About This Home
As of January 2020If you are looking for an investment property or a large family home in the city limits to make your own, this could be just what you're looking for. This 8 bedroom, 5 bath home has served as a group home since the 80's when the owners moved the 1925 home to it's current location and put it on a full basement. It has served as a great rental but the owners are ready to let it go now. When this property was leased, it brought in $3,689 per month gross income but Owners paid all the utilities. It is a diamond in the rough but at this price, you could turn it back into something wonderful. It could either be a large family home or a 3 unit rental. Maybe you would want to live on the top and lease out the 2 units below. The possibilities are endless with all this space! Home is to be sold "As Is"
Last Listed By
Marci Bowlen
Bruce Storm Real Estate & Mgmt. Listed on: 11/23/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,472
Year Built
- Built in 1925
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 48x158
- Level Lot
Home Design
- Triplex
- Shingle Roof
- Vinyl Construction Material
Interior Spaces
- 2.5-Story Property
Flooring
- Carpet
- Tile
- Luxury Vinyl Tile
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- 5 Full Bathrooms
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
- 3 Bathrooms in Basement
- 3 Bedrooms in Basement
Parking
- 6 Parking Spaces
- Private Parking
- Driveway
- Paved Parking
- On-Street Parking
- Parking Lot
- Off-Street Parking
Location
- Suburban Location
Schools
- Templeton Elementary School
- Jackson Creek Middle School
- Bloomington South High School
Utilities
- Forced Air Heating and Cooling System
- Window Unit Cooling System
- Heating System Uses Gas
- Gas Water Heater
Listing and Financial Details
- Tenant pays for lawn maintenance, snow removal, deposit value
- The owner pays for building insurance, cooling, electric, fuel, heating, sewer, trash collection, water
- Assessor Parcel Number 53-08-05-402-019.000-009
Community Details
Overview
- 3 Units
- Southwest Bloomington City Subdivision
Pet Policy
- Pet Restriction
Building Details
- 2 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $5,088
- Fuel Expense $780
- Insurance Expense $2,633
- Water Sewer Expense $2,680
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 23, 2019
Closed on
Jan 31, 2020
Sold by
Worley Starleen M and Worley Gregory Scott
Bought by
Rarick Stanley Lewis
Seller's Agent
Marci Bowlen
Bruce Storm Real Estate & Mgmt.
Buyer's Agent
Marci Bowlen
Bruce Storm Real Estate & Mgmt.
List Price
$219,900
Sold Price
$220,000
Premium/Discount to List
$100
0.05%
Total Days on Market
56
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,716
Avg. Annual Appreciation
10.23%
Original Mortgage
$110,000
Outstanding Balance
$80,477
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$288,940
Purchase Details
Closed on
Nov 30, 2011
Sold by
Warring John M and Worley Gregory Scott
Bought by
Worley Gregory Scott and Worley Starleen M
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Similar Homes in Bloomington, IN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rarick Stanley Lewis | $220,000 | John Bethell Title Company | |
| Worley Gregory Scott | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rarick Stanley Lewis | $110,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/31/2020 01/31/20 | Sold | $220,000 | 0.0% | $73 / Sq Ft |
| 11/23/2019 11/23/19 | For Sale | $219,900 | -- | $73 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $2,977 | $289,200 | $52,500 | $236,700 |
| 2022 | $2,655 | $257,700 | $45,600 | $212,100 |
| 2021 | $2,169 | $215,800 | $39,700 | $176,100 |
| 2020 | $2,177 | $217,700 | $35,700 | $182,000 |
| 2019 | $4,889 | $232,500 | $24,600 | $207,900 |
| 2018 | $4,472 | $212,200 | $20,700 | $191,500 |
| 2017 | $4,323 | $204,700 | $20,700 | $184,000 |
| 2016 | $3,921 | $188,900 | $20,700 | $168,200 |
| 2014 | $3,960 | $190,200 | $20,700 | $169,500 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2020
Marci Bowlen
Bruce Storm Real Estate & Mgmt.
(812) 327-4490
Map
Source: Indiana Regional MLS
MLS Number: 201950862
APN: 53-08-05-402-019.000-009
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