$245,000
SOLD MAR 17, 2017

7380 W Gifford Rd Bloomington, IN 47403

4 Beds
3 Baths
3,018 Sq Ft
2.32 Acres

Recently Sold

$81 Per Sq Ft

5% Below List Price

83 Days on Market

Highlights

  • Open Floorplan
  • Backs to Open Ground
  • 10 Car Attached Garage
  • Bloomington High School North Rated A
  • Covered patio or porch
  • Breakfast Bar

About This Home

As of December 2022

Spacious 2 Story on 2+ Acres with 10 Car Garage This home is situated on 2+ acres and has an attached 2 car garage plus an adjacent 45'x40' pole building/garage that could house 8 cars. The pole building also has a covered 14x40 entertainment area at the rear. The 4 bedroom, 2 1/2 bath house is 2,250 s.f. and has a partial walkout basement. All rooms are quite large and there are multiple living/entertainment areas (great room, family room, 2 rec rooms). Most of the ground in the rear of the house is in the flood plain but it is still very usable as it drains very quickly. There are a lot of possibilities here.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,566

Year Built

  • Built in 1989

Lot Details

  • 2.32 Acre Lot
  • Backs to Open Ground
  • Landscaped
  • Irregular Lot

Parking

  • 10 Car Attached Garage
  • Garage Door Opener

Home Design

  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Entrance Foyer
  • Living Room with Fireplace
  • Finished Basement

Kitchen

  • Breakfast Bar
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Covered patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 53-09-04-401-008.000-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,566

Year Built

Built in 1989

Lot Details

0

Parking

10

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1989
  • Age: 28
  • Style: Two Story
  • Total Number of Rooms: 9
  • Total Number of Rooms Below Grade: 2
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: 016-20200-07 GIFFORD ROAD ESTATES LOT 5
  • Parcel Number ID: 53-09-04-401-008.000-015
  • Platted: Yes
  • Amenities: Breakfast Bar, Ceiling Fan(s), Deck Open, Disposal, Foyer Entry, Garage Door Opener, Landscaped, Open Floor Plan, Porch Covered
  • Sp Lp Percent: 98.04
  • Special Features: None

Interior Features

  • Total Sq Ft: 3018
  • Total Finished Sq Ft: 3018
  • Above Grade Finished Sq Ft: 2250
  • Below Grade Finished Sq Ft: 768
  • Basement: Yes
  • Basement Foundation: Finished
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Living Great Room: Dimensions: 18x24, On Level: Main
  • Kitchen: Dimensions: 11x15, On Level: Main
  • Family Room: Dimensions: 15x23, On Level: Main
  • Recreation Room: Dimensions: 15x19, On Level: Lower
  • Bedroom 1: Dimensions: 12x14, On Level: Upper
  • Bedroom 2: Dimensions: 9x17, On Level: Main
  • Bedroom 3: Dimensions: 11x12, On Level: Upper
  • Bedroom 4: Dimensions: 11x13, On Level: Upper
  • Other Room1: Storage, Dimensions: 15x18, On Level: Lower
  • Main Level Sq Ft: 1482
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 768

Exterior Features

  • Exterior: Stone, Vinyl
  • Outbuilding1: 2nd Detached Garage, Dimensions: 45x40

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 10
  • Garage Size: Dimensions: 22x24
  • Garage Sq Ft: 528

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Public
  • Laundry: Dimensions: 9xMain, On Level: 10

Schools

  • School District: Monroe County Community School Corp.
  • Elementary School: Highland Park
  • Middle School: Batchelor
  • High School: Bloomington North

Lot Info

  • Lot Description: Irregular
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 101059
  • Estimated Lot Size Acres: 2.32

Tax Info

  • Annual Taxes: 1566.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2020
Closed on
Sep 18, 2020
Sold by
Banks Brian L and Banks Melissa A
Bought by
Freund Peter Richard
Seller's Agent
Alice Chastain
RE/MAX Acclaimed Properties
Buyer's Agent
Isaac Redden
Century 21 Scheetz - Bloomington
List Price
$389,000
Sold Price
$375,000
Premium/Discount to List
-$14,000
-3.6%
Current Estimated Value
$554,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,286
Avg. Annual Appreciation
7.13%
Original Mortgage
$383,625
Interest Rate
2.9%
Mortgage Type
VA

Purchase Details

Listed on
Nov 1, 2016
Closed on
Mar 17, 2017
Sold by
Jacqueline Meyer
Bought by
Banks Melissa A
List Price
$256,900
Sold Price
$245,000
Premium/Discount to List
-$11,900
-4.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.89%
Original Mortgage
$280,489
Interest Rate
5.25%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $375,000 John Bethell Title Company, In
Deed $245,000 --
Warranty Deed $245,000 John Bethell Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $385,161 VA
Closed $383,625 VA
Previous Owner $270,000 New Conventional
Previous Owner $280,489 FHA
Previous Owner $50,000 Credit Line Revolving
Previous Owner $32,000 New Conventional
Previous Owner $25,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2022 12/30/22 Sold $470,000 -2.1% $156 / Sq Ft
11/25/2022 11/25/22 For Sale $479,900 +28.0% $159 / Sq Ft
09/18/2020 09/18/20 Sold $375,000 -3.6% $124 / Sq Ft
07/27/2020 07/27/20 For Sale $389,000 +58.8% $129 / Sq Ft
03/17/2017 03/17/17 Sold $245,000 -4.6% $81 / Sq Ft
01/23/2017 01/23/17 Pending -- -- --
11/01/2016 11/01/16 For Sale $256,900 -- $85 / 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 $3,771 $457,600 $45,300 $412,300
2023 $3,506 $414,400 $45,300 $369,100
2022 $3,354 $390,800 $42,800 $348,000
2021 $3,119 $356,000 $37,800 $318,200
2020 $2,399 $270,900 $32,800 $238,100
2019 $1,927 $245,900 $22,800 $223,100
2018 $1,926 $243,200 $22,800 $220,400
2017 $1,677 $215,100 $22,800 $192,300
2016 $1,618 $212,100 $22,800 $189,300
2014 $1,626 $214,600 $22,600 $192,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201650065

Indiana Regional MLS

APN: 53-09-04-401-008.000-015