NOT LISTED FOR SALE

718 W 4th St Bloomington, IN 47404

Prospect Hill Neighborhood
8 Beds
8 Baths
5,518 Sq Ft
9,147 Sq Ft Lot

Last Sold December 12, 2023

Last sale price $790,000 $143 Per Sq Ft

254 Days on Market

Highlights

  • Balcony
  • Patio
  • Tile Flooring
  • Tri-North Middle School Rated A

About This Home

As of December 2023

8 Unit brick complex located just blocks away from Downtown Bloomington! Rents vary depending on years of tenant's occupancy. Units are well maintained and could rent at up to $750 a month or $72,000/year. Ample parking.

Last Agent to Sell the Property

James Regester

Realty Professionals Brokerage Phone: 812-323-1231 Listed on: 03/27/2023

Realty Professionals

Last Buyer's Agent

BLOOM NonMember

NonMember BL

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,217

Year Built

  • Built in 1969

Lot Details

  • 9,147 Sq Ft Lot
  • Lot Dimensions are 62x147

Parking

  • 12 Parking Spaces

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 5,518 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Outdoor Features

  • Balcony
  • Patio

Schools

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

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for lawn maintenance, sewer, snow removal, trash collection, water
  • Assessor Parcel Number 53-05-32-411-022.000-005

Community Details

Overview

  • 8 Units

Building Details

  • Insurance Expense $3,665
  • Maintenance Expense $3,000
  • Trash Expense $660
  • Water Sewer Expense $3,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,217

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Eightplex
  • Year Built: 1969
  • Style: Two Story
  • Bedrooms: 8
  • Total Bathrooms: 8
  • Total Full Bathrooms: 8
  • Legal Description: 013-36180-00 WALDRONS LOT 16
  • Parcel Number ID: 53-05-32-411-022.000-005
  • Platted: Yes
  • Amenities: Balcony, Patio Open
  • Inside City Limits: Yes
  • Special Features: None

Interior Features

  • Total Sq Ft: 5518
  • Total Finished Sq Ft: 5518
  • Above Grade Finished Sq Ft: 5518
  • Flooring: Carpet, Tile
  • Number Of Ranges Ovens: 8

Exterior Features

  • Exterior: Brick
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 12

Utilities

  • Cooling: Window
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 3665
  • Annual Maintenance Expense: 3000
  • Annual Trash Expense: 660
  • Annual Water Sewer Expense: 3100

Schools

  • Elementary School: Fairview

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 62x147
  • Estimated Lot Sq Ft: 9147
  • Estimated Lot Size Acres: 0.21

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Lawn Maintenance, Sewer, Snow Removal, Trash Collection, Water
  • Tenant Pays: Electric

Tax Info

  • Annual Property Tax: 6217

Multi Family

  • Number Of Refrigerators: 8
  • Number Of Units: 8
  • Num Of1 Bedrooms: 8

MLS Schools

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

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2023 12/12/23 Sold $790,000 -7.1% $143 / Sq Ft
12/06/2023 12/06/23 Pending -- -- --
04/13/2023 04/13/23 Price Changed $850,000 -10.5% $154 / Sq Ft
03/27/2023 03/27/23 For Sale $950,000 -- $172 / 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 $8,595 $418,900 $63,000 $355,900
2023 $3,016 $284,300 $21,000 $263,300
2022 $6,503 $320,500 $21,000 $299,500
2021 $6,218 $299,300 $21,000 $278,300
2020 $4,408 $213,600 $21,000 $192,600
2019 $3,978 $189,200 $21,000 $168,200
2018 $3,987 $189,200 $21,000 $168,200
2017 $3,941 $186,600 $21,000 $165,600
2016 $4,036 $194,200 $21,000 $173,200
2014 $3,805 $182,400 $21,000 $161,400
Source: Public Records

Agents Affiliated with this Home

  • James Regester

    Seller's Agent in 2023

    James Regester

    RE/MAX

    (812) 650-3600

    4 in this area

    119 Total Sales

    James Regester
    Section Image

  • B

    Buyer's Agent in 2023

    BLOOM NonMember

    NonMember BL

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202308826

Indiana Regional MLS
Indiana Monroe County Bloomington 47404 Prospect Hill

718 W 4th St, Bloomington, IN

Not Listed for Sale

MultiFamily

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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