NOT LISTED FOR SALE

7503 E Rush Ridge Rd Bloomington, IN 47401

Estimated Value: $454,000 - $573,000

3 Beds
2 Baths
1,536 Sq Ft
$334/Sq Ft Est. Value

Last Sold June 22, 2021

Last sale price $435,000 $283 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,215/month

22 Days on Market

Highlights

  • Access To Lake
  • Open Floorplan
  • Living Room with Fireplace
  • Binford Elementary School Rated A
  • Lake Property
  • Wooded Lot

About This Home

As of June 2021

Wow! What a great opportunity! Picture book charming; 3 bed 2 bath log cabin in desirable Shawnee Bluffs off Rush Ridge Road, just minutes from Lake Monroe. Conveniently located across from the Amy Weingartner Branigin Peninsula Preserve, Sycamore Land Trust. When enjoying this nature preserve area you can hike down to Lake Monroe and enjoy nature at its finest! The Cabin has hardwood floors, a bedroom, bath with a step-in shower and laundry all on the main level. Open main level floor plan and beautiful stone fireplace that has been sealed off from a former wood stove but could be re-opened and used. The upper-level features large bedroom with high ceilings and full bath with tub/shower combination. The warmth and cozy feeling from the wood logs and beams paired with the nestled in the woods look of this cabin will enchant you! The home sits on a total of 9.63 acres and according to the Shawnee Bluffs CCR’s Article VII page 8 item 2, This lot (Lot 5) can have an additional home built on it. Talk about an opportunity! Do you need a guest or in-law house and want to build your own home? Then this is the property for you! Also outlined in the CCR’s are the minimum guidelines for a potential home structure on the lot. Home has a brand-new roof with warranty. Offer is subject to tenants’ rights. Tenant lease end date is May 16, 2021. Showings begin on Saturday April 24, 2021. Home being sold as a 1031 exchange.

Last Agent to Sell the Property

Andrea Reeves

Reeves Realty Services LLC Listed on: 04/23/2021

Last Buyer's Agent

Lori Todd

Choice Realty & Management

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,391

Year Built

  • Built in 1982

Lot Details

  • 9.63 Acre Lot
  • Backs to Open Ground
  • Rural Setting
  • Irregular Lot
  • Wooded Lot

Home Design

  • Log Cabin
  • Metal Roof
  • Wood Siding
  • Log Siding
  • Stone Exterior Construction

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Woodwork
  • Ceiling height of 9 feet or more
  • Living Room with Fireplace
  • Wood Flooring
  • Crawl Space
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower
  • Separate Shower

Parking

  • Stone Driveway
  • Gravel Driveway

Outdoor Features

  • Access To Lake
  • Lake Property
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 53-07-34-300-001.005-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,391

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1982
  • Style: Two Story
  • Architectural Style: Log
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 010-09521-05 Shawnee Bluffs Estates Lot 5A (portion in section 34 8.05 A see 010-09521-93 for portion in section 33) 010-09521-93 Shawnee Bluffs Estates Lot 5B (portion in section 33 1.58 A see 010-09521-05 for portion in section 34)
  • Parcel Number ID: 53-07-34-300-001.005-014
  • Platted: Yes
  • Amenities: Ceiling-9+, Countertops-Laminate, Eat-In Kitchen, Natural Woodwork, Near Walking Trail, Open Floor Plan, Porch Covered, Stand Up Shower, Tub/Shower Combination, Main Floor Laundry
  • Location: Lake, Rural Subdivision, Near Walking Trail
  • Parcel Id2: 53-07-33-400-003.093-014
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 1632
  • Total Finished Sq Ft: 1536
  • Above Grade Finished Sq Ft: 1536
  • Above Grade Unfinished Sq Ft: 96
  • Basement Foundation: Crawl
  • Fireplace: Living/Great Rm, Wood Burning Stove
  • Flooring: Hardwood Floors
  • Living Great Room: Dimensions: 20x13, On Level: Main
  • Kitchen: Dimensions: 12x6, On Level: Main
  • Dining Room: Dimensions: 10x8, On Level: Main
  • Bedroom 1: Dimensions: 12x11, On Level: Main
  • Bedroom 2: Dimensions: 18x11, On Level: Upper
  • Bedroom 3: Dimensions: 23x14, On Level: Upper
  • Main Level Sq Ft: 864
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Stone, Wood, Log
  • Roof Material: Metal
  • Outbuilding1: None
  • Water Features: Walk to Lake Access

Garage/Parking

  • Driveway: Gravel, Stone

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric
  • Sewer: Septic
  • Water Utilities: Public
  • Laundry: Dimensions: Mainx6, On Level: 15

Schools

  • Elementary School: Rogers/Binford

Lot Info

  • Lot Description: Irregular, Wooded
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 419483
  • Estimated Lot Size Acres: 9.63

Tax Info

  • Annual Taxes: 2390.96

MLS Schools

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

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/22/2021 06/22/21 Sold $435,000 +2.4% $283 / Sq Ft
04/29/2021 04/29/21 Price Changed $425,000 -5.6% $277 / Sq Ft
04/23/2021 04/23/21 For Sale $450,000 +150.0% $293 / Sq Ft
01/09/2014 01/09/14 Sold $180,000 -30.5% $117 / Sq Ft View Prior Sale
12/13/2013 12/13/13 Pending -- -- --
12/18/2012 12/18/12 For Sale $259,000 -- $169 / 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 -- $0 $0 $0
2023 -- $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202114006

Indiana Regional MLS

APN: 53-07-33-400-003.093-014