NOT LISTED FOR SALE

7730 S Fairfax Rd Bloomington, IN 47401

Estimated Value: $245,000 - $295,000

3 Beds
1 Bath
1,056 Sq Ft
$262/Sq Ft Est. Value

Last Sold December 16, 2021

Last sale price $225,000 $213 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,778/month

76 Days on Market

Highlights

  • 8.15 Acre Lot
  • Partially Wooded Lot
  • Eat-In Kitchen
  • Jackson Creek Middle School Rated A
  • 2 Car Attached Garage
  • Laundry in Utility Room

About This Home

As of December 2021

8 acres near Lake Monroe! Limestone house with 3 bedrooms (2 do not have closets), large living room and eat in kitchen. 8 beautiful acres of rolling terrain. Newer roof (2019), replacement windows, updated electrical, and brand new septic system. Oversized 2 car garage with new siding and doors with workshop area inside. Separate Limestone storage building. Home has a small studio apartment attached to the garage. The studio has a very small kitchen and bath but needs extensive work. We are not able to show the studio at this time. Home is rented for $800 per month plus the tenants pay 4/5 of the utilities. The studio is rented to a long term tenant for $325 per month and the owner pays the remaining 1/5 utilities. Both leases expire around August 2022. Tenant in the home said he might be open to moving in spring if the buyer desires. Please note. the expenses are only showing 1/5 of the utilities and are just an estimate.

Last Agent to Sell the Property

Brandy Holdeman

Realty Professionals Listed on: 09/28/2021

Realty Professionals

Last Buyer's Agent

Amanda Lisby

Stanger Homes, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,691

Year Built

  • Built in 1950

Lot Details

  • 8.15 Acre Lot
  • Rural Setting
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stone Exterior Construction

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Fire and Smoke Detector
  • Laundry in Utility Room

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Block Basement Construction

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Shed

Utilities

  • Central Air
  • Propane
  • Gas Water Heater
  • Septic System

Listing and Financial Details

  • Tenant pays for electric, fuel, heating, water
  • The owner pays for maintenance, tax
  • Assessor Parcel Number 53-11-10-100-005.000-006

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Community Storage Space

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Water Meter
  • Electric Expense $480
  • Fuel Expense $600
  • Insurance Expense $750
  • Trash Expense $30
  • Water Sewer Expense $50

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,691

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1950
  • Age: 71
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 004-16160-00 PT NE NE 10-7-1W (8.15 Acres); PLAT 35
  • Parcel Number ID: 53-11-10-100-005.000-006
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Off Street Parking, Storage, Countertops-Laminate, Detector-Smoke, Eat-In Kitchen, Garage Door Opener, Water Heater Gas
  • Cross Street: Carowinds
  • Grid: Southeast Monroe County-C000
  • Location: Rural
  • Road Access: County
  • Road Surface: Paved
  • Sp Lp Percent: 93.75
  • Monthly Gross Income: 1125
  • County Zoning: Unknown
  • Special Features: None

Interior Features

  • Total Sq Ft: 2112
  • Total Finished Sq Ft: 1056
  • Above Grade Finished Sq Ft: 1056
  • Below Grade Sq Ft: 1056
  • Price Per Sq Ft: 213.07
  • Basement: Yes
  • Basement Foundation: Full Basement, Outside Entrance Only
  • Basement Material: Block
  • Flooring: Carpet, Laminate
  • Main Level Sq Ft: 1056
  • Total Below Grade Sq Ft: 1056
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Stone
  • Roof Material: Shingle
  • Stories: 1
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 144

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 6
  • Parking: Gravel

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane
  • Sewer: Septic
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Water Company: Southern Monroe Water
  • Cable Company: Comcast
  • Annual Electric: 480
  • Annual Fuel Expense: 600
  • Annual Insurance Expense: 750
  • Annual Trash Expense: 30
  • Annual Water Sewer Expense: 50
  • Number Electric Meters: 1
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Schools

  • School District: Monroe County Community School Corp.
  • Elementary School: Lakeview
  • Middle School: Jackson Creek
  • High School: Bloomington South

Lot Info

  • Lot Description: Partially Wooded, Rolling, 6-9.999
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 355014
  • Estimated Lot Size Acres: 8.15

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Maintenance, Tax
  • Tenant Pays: Electric, Fuel, Heating, Water

Multi Family

  • Gross Monthly Rent: 1125
  • Number Of Refrigerators: 1
  • Number Of Units: 2
  • Number Of 3 Bedrooms: 1
  • Num Of Efficiencies: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1690.78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2021
Closed on
Dec 16, 2021
Sold by
Ramahi Mohammad Ahmad
Bought by
Lisby Benjamin M
Seller's Agent
Brandy Holdeman
Realty Professionals
Buyer's Agent
Amanda Lisby
Stanger Homes, LLC
List Price
$240,000
Sold Price
$225,000
Premium/Discount to List
-$15,000
-6.25%
Current Estimated Value
$276,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,674
Avg. Annual Appreciation
5.59%

Purchase Details

Closed on
Mar 13, 2015
Sold by
Koontz Scotty D
Bought by
Steven R Hogan Attorney

Purchase Details

Closed on
Mar 3, 2010
Sold by
Koontz Scotty D
Bought by
Ramahi Mohammad Ahmad
Source: Public Records

Range of Values:

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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
Lisby Benjamin M $225,000 John Bethel Title Company
Steven R Hogan Attorney $120,000 --
Ramahi Mohammad Ahmad $120,000 None Available
Koontz Scotty D -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2021 12/16/21 Sold $225,000 -6.3% $213 / Sq Ft
12/13/2021 12/13/21 Pending -- -- --
09/28/2021 09/28/21 For Sale $240,000 -- $227 / 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 $3,735 $249,900 $80,900 $169,000
2023 $3,765 $241,100 $79,300 $161,800
2022 $2,855 $192,700 $69,300 $123,400
2021 $1,843 $117,600 $69,300 $48,300
2020 $1,981 $120,500 $69,300 $51,200
2019 $1,097 $144,000 $69,300 $74,700
2018 $1,080 $140,900 $69,300 $71,600
2017 $1,069 $139,600 $69,300 $70,300
2016 $1,035 $137,800 $69,300 $68,500
2014 $931 $134,400 $69,300 $65,100
Source: Public Records

Agents Affiliated with this Home

  • Brandy Holdeman

    Seller's Agent in 2021

    Brandy Holdeman

    RE/MAX

    (812) 325-7685

    1 in this area

    39 Total Sales

    Brandy Holdeman
    Section Image

  • A

    Buyer's Agent in 2021

    Amanda Lisby

    Stanger Homes, LLC

    (812) 327-3853

    1 in this area

    8 Total Sales

    Amanda Lisby
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202140733

Indiana Regional MLS

APN: 53-11-10-100-005.000-006

Indiana Monroe County Bloomington 47401

7730 S Fairfax Rd, Bloomington, IN

This home is located at 7730 S Fairfax Rd, Bloomington, IN 47401 since 28 September 2021 and is currently estimated at $276,674, approximately $262 per square foot. This property was built in 1950. 7730 S Fairfax Rd is a home located in Monroe County with nearby schools including Lakeview Elementary School, Jackson Creek Middle School, and Bloomington High School South.

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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