NOT LISTED FOR SALE

7489 E Rush Ridge Rd Bloomington, IN 47401

Estimated Value: $213,000 - $227,000

6.89 Acres
$31,930 Price per Acre
300,128 Sq Ft Lot

Last Sold November 18, 2022

Last sale price $200,000

Est. 10% increase in value since last sale

Current estimated payment $1,291/month

71 Days on Market

Highlights

  • Access To Lake
  • Waterfront
  • Lake, Pond or Stream
  • Binford Elementary School Rated A

About This Lot

As of November 2022

Welcome to Shawnee Bluffs, an exquisite neighborhood bordering Monroe Lake/ Lake Monroe! This is your chance to build a home on this beautiful 6.89A lot with easy access to the lake. This wooded lot is divided by the road. The West side of the road holds the county approved build site while the East side boasts mature trees. Choose your own builder to help you design and build your dream lake home! This lot offers a seasonal view of the lake and provides easy access to the shoreline- no drop offs or ravines to battle. There is a path that begins on the neighboring property that leads down to the waters edge. NOTE: THIS IS PRIVATE PROPERTY- ONLY ACCESSIBLE WITH PERMISSION & REALTOR ESCORT! You will pass the peninsula nature preserve upon entering the neighborhood. The dead end street is tranquil and nature abounds! Shawnee Bluffs Estates is only 15 minutes to Bloomington's East side for shopping, restaurants and entertainment. Minutes to the delicious Scenic View restaurant- a lake favorite! There are a few marinas nearby with boat slips for sale or rent. Paynetown SRA and Cutright SRA with boat ramps are within 5 minutes. Note: The Army Corps of Engineers owns the entire shoreline of the lake. While you can access, you cannot build or keep property on their easement. Monroe County has clearing restrictions to preserve nature as much as possible.

Last Agent to Sell the Property

Brooke Hoffa

Century 21 Scheetz - Bloomington Listed on: 08/27/2022

Century 21 Scheetz - Bloomington

Last Buyer's Agent

BLOOM NonMember

NonMember BL

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,152

Lot Details

  • 6.89 Acre Lot
  • Waterfront
  • Property fronts a county road
  • Finished Lot(s)

HOA Fees

  • $27 Monthly HOA Fees

Parking

  • Driveway

Schools

  • Rogers/Binford Elementary School
  • Tri-North Middle School
  • Bloomington North High School

Utilities

  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 53-07-34-300-001.008-014

Community Details

Overview

  • Shawnee Bluffs Estates Subdivision
  • The community has rules related to covenants, conditions, and restrictions, building or community restrictions

Recreation

  • Access To Lake
  • Waterski or Wakeboard
  • Lake, Pond or Stream

Property Details

Property Type

Land

Est. Annual Taxes

$1,152

Lot Details

0

HOA Fees

$27 per month

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Waterfront: Yes
  • Legal Description: 010-09521-08 Shawnee Bluffs Estates Lot 8A (portion in section 34 6.75 A See 010-09521-95 for portion in section 33) & 010-09521-95 Shawnee Bluffs Estates Lot 8B (portion in section 33 0.14 A See 010-09521-08 for portion in section 34)
  • Parcel Number ID: 53-07-34-300-001.008-014
  • Platted: Yes
  • Road Access: County
  • Road Surface: Asphalt
  • Parcel Description: Lake, Partially Wooded, 6-9.999
  • Restrictions: Building Restrictions, Covenants
  • Type of Sale: Traditional
  • Platted Development: Yes
  • Side Of Road: West, East
  • Type Use: Residential
  • Special Features: None

Exterior Features

  • Lake Type: Ski Lake
  • Water Features: Walk to Lake Access
  • Water Name: Lake Monroe
  • Road Frontage: County

Utilities

  • Water Utilities: City
  • Water Type: Lake
  • Electricity Type: Available
  • Fuel Type: Electric
  • Sewer Type: Septic

Condo/Co-op/Association

  • Association Fees: 325
  • Association Fees Frequency: Annually

Schools

  • Elementary School: Rogers/Binford

Lot Info

  • Estimated Lot Sq Ft: 300128
  • Estimated Lot Size Acres: 6.89
  • Lot Number: 8

Tax Info

  • Annual Taxes: 1152.28

Multi Family

  • Water Access: Easement/Other

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2022
Closed on
Nov 16, 2022
Sold by
Webb Larry K
Bought by
Forthofer Scott
Seller's Agent
Brooke Hoffa
Century 21 Scheetz - Bloomington
Buyer's Agent
BLOOM NonMember
NonMember BL
List Price
$275,000
Sold Price
$200,000
Premium/Discount to List
-$75,000
-27.27%
Views
70
Current Estimated Value
$220,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,000
Avg. Annual Appreciation
3.28%

Purchase Details

Listed on
Aug 14, 2018
Closed on
Jan 30, 2019
Sold by
Bcr Holdings Llc
Bought by
Webb Larry K and Webb Geralyn B
Seller's Agent
Kristi Gibbs
CENTURY 21 Scheetz
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$110,000
Sold Price
$90,000
Premium/Discount to List
-$20,000
-18.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.38%

Purchase Details

Closed on
Dec 1, 2015
Sold by
Wood Loren
Bought by
Bcr Holdings Llc
Source: Public Records

Range of Values:

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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
Forthofer Scott $200,000 Landquest Title Services, Llc
Webb Larry K -- None Available
Bcr Holdings Llc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/18/2022 11/18/22 Sold $200,000 -27.3% --
11/06/2022 11/06/22 Pending -- -- --
08/27/2022 08/27/22 For Sale $275,000 +205.6% --
01/31/2019 01/31/19 Sold $90,000 -18.2% -- View Prior Sale
11/07/2018 11/07/18 Pending -- -- --
08/14/2018 08/14/18 For Sale $110,000 -- --
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 $1,287 $103,000 $103,000 $0
2023 $1,145 $89,400 $89,400 $0
2022 $1,145 $89,400 $89,400 $0
2021 $1,152 $89,400 $89,400 $0
2020 $1,141 $89,400 $89,400 $0
2019 $163 $12,500 $12,500 $0
2018 $164 $12,500 $12,500 $0
2017 $165 $12,500 $12,500 $0
2016 $171 $13,200 $13,200 $0
2014 $24 $1,800 $1,800 $0
Source: Public Records

Agents Affiliated with this Home

  • Brooke Hoffa

    Seller's Agent in 2022

    Brooke Hoffa

    Century 21 Scheetz - Bloomington

    (812) 340-0166

    95 Total Sales

    Brooke Hoffa
    Section Image

  • B

    Buyer's Agent in 2022

    BLOOM NonMember

    NonMember BL

  • Kristi Gibbs

    Seller's Agent in 2019

    Kristi Gibbs

    CENTURY 21 Scheetz

    (812) 606-9790

    224 Total Sales

    Kristi Gibbs
    Section Image

  • N

    Buyer's Agent in 2019

    Non-BLC Member

    MIBOR REALTOR® Association

    Non-BLC Member
    Section Image

  • I

    Buyer's Agent in 2019

    IUO Non-BLC Member

    Non-BLC Office

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Map

Source: Indiana Regional MLS

MLS Number: 202235882

Indiana Regional MLS

APN: 53-07-34-300-001.008-014

Indiana Monroe County Bloomington 47401

7489 E Rush Ridge Rd, Bloomington, IN

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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