NOT LISTED FOR SALE

801 & 803 N Smith Rd Bloomington, IN 47408

Estimated Value: $184,000 - $329,000

4 Beds
2 Baths
1,716 Sq Ft
$152/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $240,000 $140 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,508/month

84 Days on Market

Highlights

  • Laundry in Utility Room
  • Central Air
  • 1-Story Property
  • University Elementary School Rated A

About This Home

As of March 2024

Brick & Stone Duplex with 2023 dated Occupancy Permits for 5 people per unit, next cycle inspection due 2/21/2028, see attached Permit. Partially-paved entrance to driveway & paved rear parking, there is also parking off street in front of steps. 4 to 6 parking spaces + parking in long paved side driveway. Close proximity to IU Campus, IU Hospital, University Elementary, and College Mall area shopping and dining. Total Bedrooms: 4, Total Full Baths: 2. Each unit has off street parking. Enter & Exit driveway slowly & cautiously. Appointment only-24 hour notice, tenant occupied. Subject to tenants' rights. No Shows on Mondays & Wednesdays. 801 Lease expires May/2024, 803 is month-to-month & now has only 1 tenant.

Last Agent to Sell the Property

Sheila Pugh

Sheila F. Pugh Real Estate Brokerage Phone: 812-327-0675 Listed on: 12/21/2023

Last Buyer's Agent

Sheila Pugh

Sheila F. Pugh Real Estate Brokerage Phone: 812-327-0675 Listed on: 12/21/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,494

Year Built

  • Built in 1960

Lot Details

  • 0.32 Acre Lot
  • Sloped Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • 1,716 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Crawl Space
  • Laundry in Utility Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 6 Parking Spaces
  • Off-Street Parking

Schools

  • University Elementary School
  • Tri-North Middle School
  • Bloomington North High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electric, heating, sewer, trash collection, water
  • The owner pays for lawn maintenance, maintenance, snow removal
  • Assessor Parcel Number 53-05-35-400-050.000-005

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,039

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,494

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1960
  • Age: 64
  • Style: One Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 013-15480-10 PT NE SE 35-9-1W .32; PLAT 51
  • Parcel Number ID: 53-05-35-400-050.000-005
  • Platted: Yes
  • Amenities: Off Street Parking, Water Heater Gas
  • Cross Street: Near East 10th Street
  • Location: Near College Campus
  • Sp Lp Percent: 80.27
  • Monthly Gross Income: 1200
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 1716
  • Total Finished Sq Ft: 1716
  • Above Grade Finished Sq Ft: 1716
  • Price Per Sq Ft: 139.86
  • Basement Foundation: Crawl
  • Flooring: Laminate
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Brick, Stone
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 6
  • Parking: Off Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Water Company: Bloomington City Utility
  • Annual Insurance Expense: 1039
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Slope
  • Lot Dimensions: 176.50 X 78.976 +/-
  • Estimated Lot Sq Ft: 13939
  • Estimated Lot Size Acres: 0.32
  • Expiration Of Permit: 02/21/2028

Rental Info

  • Owner Pays: Lawn Maintenance, Maintenance, Snow Removal
  • Tenant Pays: Electric, Heating, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 1200
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 3493.94

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
Dec 21, 2023
Closed on
Mar 15, 2024
Sold by
Windhorse Properties Llc
Bought by
Singh Karan
Seller's Agent
Sheila Pugh
Sheila F. Pugh Real Estate
Buyer's Agent
Sheila Pugh
Sheila F. Pugh Real Estate
List Price
$299,000
Sold Price
$240,000
Premium/Discount to List
-$59,000
-19.73%
Views
49
Current Estimated Value
$246,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,806
Avg. Annual Appreciation
-0.47%
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
Singh Karan $240,000 John Bethel Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $240,000 -19.7% $140 / Sq Ft
12/21/2023 12/21/23 For Sale $299,000 -- $174 / 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 $1,886 $199,100 $24,100 $175,000
2023 $4,022 $189,600 $23,200 $166,400
2022 $3,494 $172,200 $23,200 $149,000
2021 $2,605 $125,400 $17,400 $108,000
2020 $2,550 $123,600 $14,500 $109,100
2019 $2,599 $123,600 $14,500 $109,100
2018 $2,605 $123,600 $14,500 $109,100
2017 $2,581 $122,200 $14,500 $107,700
2016 $2,592 $124,700 $14,500 $110,200
2014 $2,541 $121,800 $14,500 $107,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202345266

Indiana Regional MLS

APN: 53-05-35-400-050.000-005