NOT LISTED FOR SALE
8 Beds
8 Baths
5,518 Sq Ft
9,148 Sq Ft

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

9,147 Sq Ft Lot

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.
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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

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
2025 $8,595 $502,700 $63,000 $439,700
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

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Map

Source: Indiana Regional MLS

MLS Number: 202308826

Indiana Regional MLS
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