NOT LISTED FOR SALE

729 E Hunter Ave Bloomington, IN 47401

Elm Heights Neighborhood

Estimated Value: $636,000 - $753,863

4 Beds
4 Baths
3,056 Sq Ft
$230/Sq Ft Est. Value

Last Sold September 22, 2015

Last sale price $350,000 $115 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $4,846/month

Highlights

  • Traditional Architecture
  • Forced Air Heating and Cooling System
  • 2 Car Garage
  • Binford Elementary School Rated A
  • ENERGY STAR Qualified Equipment for Heating
  • 5-minute walk to Harmony School Neighborhood Playground

About This Home

As of September 2015

The fourplex is a great investment property close to IU campus. Seller is selling due to health issues. Currently not leased, the potential is very high for rental. Each unit is 1 BR and 1 Bath.

Last Agent to Sell the Property

Jason Millican

Jason Millican Group Listed on: 09/20/2015

Last Buyer's Agent

Kelly Jones

Partners Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,736

Year Built

  • Built in 1950

Lot Details

  • 9,148 Sq Ft Lot
  • Level Lot

Home Design

  • Quadruplex
  • Traditional Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Block Basement Construction
  • Storm Doors

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • 2 Car Garage
  • Gravel Driveway
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient HVAC
  • ENERGY STAR Qualified Equipment for Heating

Location

  • Suburban Location

Schools

  • Rogers/Binford Elementary School
  • Jackson Creek Middle School
  • Bloomington South High School

Utilities

  • Forced Air Heating and Cooling System
  • ENERGY STAR Qualified Air Conditioning
  • High-Efficiency Furnace

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for cooling, electric, heating, lawn maintenance, maintenance, snow removal, sewer, tax, trash collection, water
  • Assessor Parcel Number 53-08-04-108-014.000-009

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $2,500
  • Fuel Expense $2,000
  • Insurance Expense $3,800
  • Maintenance Expense $1,500
  • Trash Expense $1,000
  • Water Sewer Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,736

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1950
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: 015-27180-00 Wm M Alexander Lot 9. |
  • Parcel Number ID: 53-08-04-108-014.000-009
  • Platted: Yes
  • Amenities: Off Street Parking, Storm Doors
  • Location: City/Town/Suburb
  • Special Features: None

Interior Features

  • Total Sq Ft: 3830
  • Total Finished Sq Ft: 3056
  • Above Grade Finished Sq Ft: 3056
  • Below Grade Sq Ft: 774
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block
  • Flooring: Carpet, Laminate
  • Total Below Grade Sq Ft: 774

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Stories: 2
  • Outbuilding Sq Ft: 480

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 2
  • Parking: Garage, Off Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Water Company: Bloomington City Utility
  • Cable Company: Comcast
  • Hvac: Energy Star A/C, Energy Star Heating, High Efficiency Furnace
  • Annual Electric: 2500
  • Annual Fuel Expense: 2000
  • Annual Insurance Expense: 3800
  • Annual Maintenance Expense: 1500
  • Annual Trash Expense: 1000
  • Annual Water Sewer Expense: 1200

Schools

  • Elementary School: Rogers/Binford

Lot Info

  • Lot Description: Level
  • Lot Dimensions: .210
  • Estimated Lot Sq Ft: 9148
  • Estimated Lot Size Acres: 0.21

Green Features

  • Energy Efficient: HVAC
  • Energy Efficient Windows/Doors: Storm Doors

Rental Info

  • Owner Pays: Cooling, Electric, Heating, Lawn Maintenance, Maintenance, Snow Removal, Sewer, Tax, Trash Collection, Water
  • Tenant Pays: Electric

Tax Info

  • Annual Property Tax: 4736

Multi Family

  • Number Of Units: 4
  • Num Of1 Bedrooms: 4

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
Sep 20, 2015
Closed on
Sep 21, 2015
Sold by
Windhorse Properties Llc
Bought by
College Rentals Inc
Seller's Agent
Jason Millican
Jason Millican Group
Buyer's Agent
Kelly Jones
Partners Realty Group
List Price
$350,000
Sold Price
$350,000
Current Estimated Value
$702,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$352,466
Avg. Annual Appreciation
6.96%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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

Purchase History

Date Buyer Sale Price Title Company
College Rentals Inc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2015 09/22/15 Sold $350,000 0.0% $115 / Sq Ft
09/20/2015 09/20/15 Pending -- -- --
09/20/2015 09/20/15 For Sale $350,000 -- $115 / 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 $13,415 $655,300 $164,300 $491,000
2023 $7,333 $693,100 $164,300 $528,800
2022 $12,488 $616,800 $142,900 $473,900
2021 $7,012 $338,300 $99,500 $238,800
2020 $7,118 $344,400 $99,500 $244,900
2019 $6,891 $327,700 $99,500 $228,200
2018 $6,950 $329,800 $99,500 $230,300
2017 $6,972 $330,100 $99,500 $230,600
2016 $6,374 $307,100 $99,500 $207,600
2014 $4,781 $229,600 $99,500 $130,100
Source: Public Records

Agents Affiliated with this Home

  • Jason Millican

    Seller's Agent in 2015

    Jason Millican

    Jason Millican Group

    (317) 372-9999

    1 in this area

    120 Total Sales

    Jason Millican
    Section Image
  • Kelly Jones

    Buyer's Agent in 2015

    Kelly Jones

    Partners Realty Group

    (812) 606-6939

    7 in this area

    92 Total Sales

    Kelly Jones
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201545091

Indiana Regional MLS

APN: 53-08-04-108-014.000-009

Indiana Monroe County Bloomington 47401 Elm Heights

729 E Hunter Ave, Bloomington, IN

Not Listed for Sale

MultiFamily

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