NOT LISTED FOR SALE

714 W Wylie St Bloomington, IN 47403

McDoel Gardens Neighborhood

Estimated Value: $335,000 - $400,766

8 Beds
5 Baths
3,014 Sq Ft
$120/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $220,000 $73 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,241/month

56 Days on Market

Highlights

  • Tile Flooring
  • Forced Air Heating and Cooling System
  • Level Lot
  • Jackson Creek Middle School Rated A

About This Home

As of January 2020

If 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 Agent to Sell the Property

Marci Bowlen

Bruce Storm Real Estate & Mgmt. Listed on: 11/23/2019

Last Buyer's Agent

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,472

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1925
  • Age: 95
  • Style: One and Half Story
  • Bedrooms: 8
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 5
  • Total Full Bathrooms: 5
  • Legal Description: 015-20890-00 Dixie Highway Lot 136
  • Parcel Number ID: 53-08-05-402-019.000-009
  • Platted: Yes
  • Amenities: Basement, Deck Open, Water Heater Gas
  • Location: City/Town/Suburb
  • Number Below Grade Bedrooms: 3
  • Sp Lp Percent: 100.05
  • Year Taxes Payable: 2019
  • Special Features: None

Interior Features

  • Total Sq Ft: 3014
  • Total Finished Sq Ft: 3014
  • Above Grade Finished Sq Ft: 1664
  • Below Grade Finished Sq Ft: 1350
  • Price Per Sq Ft: 132.21
  • Basement: Yes
  • Basement Foundation: Finished, Full Basement, Walk-Out Basement
  • Basement Material: Block
  • Flooring: Carpet, Mixed, Tile, Vinyl Tile, Vinyl
  • Main Level Sq Ft: 1388
  • Number Below Grade Bathrooms: 3
  • Total Below Grade Sq Ft: 1350
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 8

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 2.5

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 6
  • Parking: Lot, Off Street, Paved, Private, Street

Utilities

  • Cooling: Central Air, Window
  • Heating Fuel: Gas, Conventional, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Water Company: Bloomington City Utility
  • Cable Company: Insight
  • Annual Electric: 5088
  • Annual Fuel Expense: 780
  • Annual Insurance Expense: 2633
  • Annual Water Sewer Expense: 2680
  • Number Electric Meters: 2
  • Number Gas Meters: 1
  • Number Of W D Hookups: 2
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level, Slope
  • Lot Dimensions: 48X158
  • Estimated Lot Sq Ft: 7405
  • Estimated Lot Size Acres: 0.17

Rental Info

  • Owner Pays: Building Insurance, Cooling, Electric, Fuel, Heating, Sewer, Trash Collection, Water
  • Tenant Pays: Lawn Maintenance, Snow Removal, Deposit Value

Tax Info

  • Total Assessed Value: 232500
  • Annual Property Tax: 4471.9

Multi Family

  • Number Of Dishwashers: 1
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 3
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 1
  • Number Of 4 Bedrooms: 1
  • Num Of Efficiencies: 1

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
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%
Current Estimated Value
$360,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,942
Avg. Annual Appreciation
8.98%
Original Mortgage
$110,000
Outstanding Balance
$77,717
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$275,690

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
Source: Public Records

Range of Values:

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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
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

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 $2,981 $287,300 $52,500 $234,800
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

  • M

    Seller's Agent in 2020

    Marci Bowlen

    Bruce Storm Real Estate & Mgmt.

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Map

Source: Indiana Regional MLS

MLS Number: 201950862

Indiana Regional MLS

APN: 53-08-05-402-019.000-009

Indiana Monroe County Bloomington 47403 McDoel Gardens

714 W Wylie St, Bloomington, IN

This home is located at 714 W Wylie St, Bloomington, IN 47403 since 23 November 2019 and is currently estimated at $360,942, approximately $119 per square foot. This property was built in 1925. 714 W Wylie St is a home located in Monroe County with nearby schools including Templeton Elementary School, Jackson Creek Middle School, and Bloomington High School South.

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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