NOT LISTED FOR SALE

Estimated Value: $548,339 - $619,000

5 Beds
2 Baths
2,748 Sq Ft
$211/Sq Ft Est. Value

Last Sold December 15, 2017

Last sale price $278,845 $101 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $3,802/month

16 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Walk-In Closet
  • Binford Elementary School Rated A
  • 1 Car Detached Garage
  • 5-minute walk to Harmony School Neighborhood Playground

About This Home

As of December 2017

Located at 721 E Hunter is a spacious 2,748 square foot, five bedroom, two bathroom, two-story home. This home is priced at $414,900! At the heart of Indiana University's campus, this home is within walking distance to Jacob's School of Music and the School of Optometry. Jordan Hall is only a few blocks away and Ballantine Hall is a ten minute walk. The School of Public Health, which also has a gym, is approximately a fifteen minute walk from this home. This home has an impressive history behind it, being the first fraternity house in 1911, known as Kappa Alpha Psi. Upon entering the home, you will be greeted with a large kitchen equipped with a washer, stove, refrigerator and an ample amount of cabinets for storage. Beyond the kitchen are two separate living areas with authentic hardwood floors and large windows offering a great amount of natural lighting. There is one bedroom on the first floor and four bedrooms upstairs. In the back of the home, you will find a one-car garage and an ample amount of parking space. There are a total of 6 homes that must be sold as a package. 3 on Atwater and 3 on Hunter

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,563

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 44x127
  • Level Lot

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Concrete Siding

Interior Spaces

  • 2-Story Property
  • Basement
  • Basement Cellar
  • Laundry in Utility Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 1 Car Detached Garage
  • Gravel Driveway
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, electric
  • The owner pays for building insurance, lawn maintenance, maintenance, sewer, trash collection, water
  • Assessor Parcel Number 53-08-04-107-018.000-009

Community Details

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • Water Sewer Expense $972

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,563

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1920
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 5
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 015-28540-00 Smith Pt. Lot 38
  • Parcel Number ID: 53-08-04-107-018.000-009
  • Platted: Yes
  • Amenities: Cable Ready, Closet(s) Walk-in
  • Location: On College Campus
  • Road Access: City
  • Road Surface: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 4028
  • Total Finished Sq Ft: 2748
  • Above Grade Finished Sq Ft: 2748
  • Below Grade Sq Ft: 1280
  • Basement: Yes
  • Basement Foundation: Cellar
  • Flooring: Carpet, Wood
  • Main Level Sq Ft: 1468
  • Total Below Grade Sq Ft: 1280
  • Number Of Disposals: 1
  • Number Of Microwaves: 1
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Aluminum, Concrete
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 8
  • Parking: Gravel, Off Street

Utilities

  • Cooling: Window
  • Heating Fuel: Electricity
  • Sewer: Public
  • Water Utilities: Public
  • Electric Company: Duke Energy Indiana
  • Gas Company: Vectren Energy
  • Water Company: Bloomington City Utility
  • Cable Company: DirectTV, Smithville Communications
  • Annual Water Sewer Expense: 972
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 44x127
  • Zoning: B Two-Family & Multi-Family Residential

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance, Sewer, Trash Collection, Water
  • Tenant Pays: Cable, Electric

Tax Info

  • Annual Property Tax: 4563.28

Multi Family

  • Number Of Dishwashers: 1
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 1
  • Number Of Washers: 2
  • Num Of1 Bedrooms: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 2020
Sold by
Mccoy Douglas M
Bought by
721 Hunter Row Llc
Current Estimated Value
$580,585

Purchase Details

Listed on
Sep 26, 2017
Closed on
Dec 14, 2017
Sold by
Richard Wells
Bought by
Douglas Mccoy
List Price
$414,900
Sold Price
$278,845
Premium/Discount to List
-$136,055
-32.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.45%
Original Mortgage
$281,250
Interest Rate
3.95%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
721 Hunter Row Llc -- None Available
Douglas Mccoy $362,500 --
Mccoy Douglas M $362,500 John Bethell Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccoy Douglas M $281,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2017 12/15/17 Sold $278,845 -32.8% $101 / Sq Ft
10/12/2017 10/12/17 Pending -- -- --
09/26/2017 09/26/17 For Sale $414,900 -- $151 / 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
2024 $8,654 $422,700 $101,400 $321,300
2023 $4,407 $416,500 $101,400 $315,100
2022 $7,574 $374,100 $88,200 $285,900
2021 $6,434 $310,400 $77,000 $233,400
2020 $6,060 $293,200 $77,000 $216,200
2019 $5,316 $252,800 $49,000 $203,800
2018 $5,160 $244,800 $51,700 $193,100
2017 $4,776 $226,100 $51,700 $174,400
2016 $4,627 $222,900 $51,700 $171,200
2014 $4,445 $213,500 $47,400 $166,100
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 201744516

Indiana Regional MLS

APN: 53-08-04-107-018.000-009