NOT LISTED FOR SALE

7501 E Pine Grove Rd Bloomington, IN 47401

Estimated Value: $623,000 - $2,082,725

5 Beds
5.5 Baths
6,304 Sq Ft
$215/Sq Ft Est. Value

Last Sold November 06, 2020

Last sale price $1,500,000 $238 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $8,343/month

66 Days on Market

Highlights

  • Water Views
  • In Ground Pool
  • Living Room with Fireplace
  • Binford Elementary School Rated A
  • 16.73 Acre Lot
  • Partially Wooded Lot

About This Home

As of November 2020

Amazing lake views abound from this beautifully renovated ranch over a walkout basement on almost 17 ac! Situated high on a hill overlooking Lake Monroe, this Arts and Crafts styled retreat is light filled from its many windows and affords stunning views from almost all rooms in the house and from the numerous outdoor congregating areas. Boasting over 6,300 sqft of quality materials and workmanship, this 5bd, 5.5ba also includes a lovely guest cottage, a large tennis/basketball court area, and an in ground pool/deck/patio setup that's absolutely a fantastic place to enjoy the "lake life" with family and friends. Main level highlights include cherry hardwoods throughout, and a great room/dining w/ stone fireplace open to the gourmet kitchen. The kitchen centerpiece is a huge limestone island that seats 8 in addition to high-end stainless appliances and custom cabs and counters! All bedrooms are ensuites including, of course, the luxurious master -- where even the walk-in tile shower has great views! The mostly above grade lower level does not feel like a basement at all -- many windows and natural light make for inviting bedroom, living, and multifunctional spaces. The kitchen and great room both spill out to an amazing outdoor entertaining area featuring a screened porch, both covered and open air multi-level decks and patio spaces, an outdoor kitchen area, and a pool with diving board. All with gorgeous lake views! The house is in great mechanical shape as well featuring two geothermal HVAC systems and a metal roof. The North side of the property does access lake Monroe. Don't miss this chance to own a one of a kind estate on Lake Monroe!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,714

Year Built

  • Built in 1973

Lot Details

  • 16.73 Acre Lot
  • Landscaped
  • Irregular Lot
  • Partially Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Walk-Out Ranch
  • Wood Siding
  • Stone Exterior Construction

Interior Spaces

  • 1-Story Property
  • Wet Bar
  • Built-in Bookshelves
  • Built-In Features
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Living Room with Fireplace
  • 2 Fireplaces
  • Screened Porch
  • Water Views
  • Home Security System

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite

Finished Basement

  • Walk-Out Basement
  • 3 Bathrooms in Basement
  • 2 Bedrooms in Basement

Outdoor Features

  • In Ground Pool
  • Covered Deck
  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Geothermal Heating and Cooling
  • Septic System

Community Details

  • Community Pool

Listing and Financial Details

  • Assessor Parcel Number 53-07-21-400-018.000-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,714

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1973
  • Age: 47
  • Style: One Story
  • Architectural Style: Walkout Ranch
  • Total Number of Rooms: 16
  • Total Number of Rooms Below Grade: 8
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 6
  • Total Full Bathrooms: 5
  • Total Number of Half Bathrooms: 1
  • Legal Description: 010-04445-00 PT SE SE 21-8-1E 3.27A; Plat 38; 010-04420-00 - 3.43A, Plat 37; 010-04440-00- 4.52A, Plat 39; 010-04430-00 PT SE SE 21-8-1E 5.51A; PLAT 41
  • Parcel Number ID: 53-07-21-400-018.000-014
  • Platted: Yes
  • Amenities: Alarm System-Security, Breakfast Bar, Built-In Bookcase, Built-in Desk, Ceiling-9+, Ceiling Fan(s), Closet(s) Walk-in, Deck Covered, Deck Open, Guest Quarters, Kitchen Island, Landscaped, Pantry-Walk In, Patio Open, Porch Screened, Wet Bar
  • Number Below Grade Bedrooms: 2
  • Sp Lp Percent: 90.91
  • Year Taxes Payable: 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 6304
  • Total Finished Sq Ft: 6304
  • Above Grade Finished Sq Ft: 3205
  • Below Grade Finished Sq Ft: 3099
  • Price Per Sq Ft: 468.02
  • Basement: Yes
  • Basement Foundation: Walk-Out Basement, Finished
  • Number Of Fireplaces: 2
  • Fireplace: Family Rm, Living/Great Rm
  • Fireplace: Yes
  • Living Great Room: Dimensions: 31x20, On Level: Main
  • Kitchen: Dimensions: 14x23, On Level: Main
  • Breakfast Room: Dimensions: 14x10, On Level: Main
  • Dining Room: Dimensions: 16x15, On Level: Main
  • Recreation Room: Dimensions: 27x22, On Level: Lower
  • Extra Room: Sitting Room, Dimensions: 15x17, On Level: Lower
  • Bedroom 1: Dimensions: 16x24, On Level: Main
  • Bedroom 2: Dimensions: 14x18, On Level: Main
  • Bedroom 3: Dimensions: 22x16, On Level: Main
  • Bedroom 4: Dimensions: 14x16, On Level: Lower
  • Bedroom 5: Dimensions: 16x15, On Level: Lower
  • Other Room1: Exercise Room, Dimensions: 14x23, On Level: Lower
  • Other Room 2: Music Room, Dimensions: 13x16, On Level: Lower
  • Other Room 3: Potting Room, Dimensions: 15x17, On Level: Main
  • Number Below Grade Bathrooms: 3
  • Number of Below Grade Full Bathrooms: 2
  • Number of Main Level Full Bathrooms: 3
  • Number of Below Grade Half Bathrooms: 1
  • Total Below Grade Sq Ft: 3099

Exterior Features

  • Exterior: Stone, Wood
  • Outbuilding1: None
  • Pool: Below Ground
  • Pool: Yes

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 22x28
  • Garage Sq Ft: 616
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air, Geothermal
  • Sewer: Septic
  • Water Utilities: Public
  • Laundry: Dimensions: Mainx9, On Level: 8

Schools

  • School District: Monroe County Community School Corp.
  • Elementary School: Rogers/Binford
  • Middle School: Tri-North
  • High School: Bloomington North
  • Elementary School: Rogers/Binford

Lot Info

  • Lot Description: Irregular, Partially Wooded, Water View
  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 728759
  • Estimated Lot Size Acres: 16.73

Tax Info

  • Annual Taxes: 5714
  • Exemptions: Homestead, Supplemental

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
Jul 20, 2020
Closed on
Nov 6, 2020
Sold by
Jones Jeffrey C and Jones Margaret C
Bought by
Vidali Ari A and Vidali Fatima
List Price
$1,795,000
Sold Price
$1,500,000
Premium/Discount to List
-$295,000
-16.43%
Current Estimated Value
$1,352,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$147,137
Avg. Annual Appreciation
-2.08%
Source: Public Records

Range of Values:

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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
Vidali Ari A -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2020 11/06/20 Sold $1,500,000 -9.1% $238 / Sq Ft
09/16/2020 09/16/20 Price Changed $1,650,000 -8.1% $262 / Sq Ft
07/20/2020 07/20/20 For Sale $1,795,000 -- $285 / 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 $14,044 $1,633,700 $210,600 $1,423,100
2023 $3,622 $911,500 $60,100 $851,400
2022 $6,680 $831,300 $60,100 $771,200
2021 $5,294 $672,500 $60,100 $612,400
2020 $3,374 $442,600 $60,100 $382,500
2019 $3,351 $436,500 $60,100 $376,400
2018 $3,342 $436,700 $60,100 $376,600
2017 $3,279 $426,700 $60,100 $366,600
2016 $3,176 $421,000 $60,100 $360,900
2014 $5,575 $425,400 $60,100 $365,300
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 202028011

Indiana Regional MLS

APN: 53-07-21-400-018.000-014