NOT LISTED FOR SALE

Estimated Value: $573,000 - $604,000

6 Beds
2 Baths
2,242 Sq Ft
$263/Sq Ft Est. Value

Last Sold June 06, 2018

Last sale price $400,000 $178 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,998/month

54 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • Bathtub with Shower
  • Binford Elementary School Rated A
  • Covered Patio or Porch
  • 3-minute walk to Harmony School Neighborhood Playground

About This Home

As of June 2018

Just a couple blocks to campus, this property offers high occupancy and convenience for investors and IU parents alike. It features 5-6 bedrooms and 2 baths. The city recognizes two units here with a legal occupancy of 5 per floor, but both floors may be rented together as one large home (occupancy 10 for whole house). Currently rented through July 2018 at $3200. Occupancy permit valid through 2021. Not yet rented for 2018-19 which gives a new owner time to remodel and attract higher rents in the future.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,864

Year Built

  • Built in 1920

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 70 x 100
  • Corner Lot

Parking

  • 1 Car Garage
  • Carport
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Gas Log Fireplace
  • Unfinished Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Bathtub with Shower

Utilities

  • Central Air
  • Heating System Uses Gas
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 53-08-04-108-005.000-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,864

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1920
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 6
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Wm Alexander Pt Lot 13 |
  • Parcel Number ID: 53-08-04-108-005.000-009
  • Platted: Yes
  • Amenities: Cable Ready, Ceiling-9+, Porch Covered, Tub/Shower Combination
  • Cross Street: Park Ave.
  • Grid: Southeast Bloomington Cit-3000
  • Investment Property: Yes
  • Location: City/Town/Suburb, Near College Campus
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 3667
  • Total Finished Sq Ft: 2242
  • Above Grade Finished Sq Ft: 2242
  • Below Grade Sq Ft: 1425
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Gas Log, One
  • Fireplace: Yes
  • Living Great Room: Dimensions: 13x23, On Level: Main
  • Kitchen: Dimensions: 18x10, On Level: Main
  • Dining Room: Dimensions: 18x12, On Level: Main
  • Extra Room: 6th Bedroom, Dimensions: 12x11, On Level: Upper
  • Bedroom 1: Dimensions: 13x12, On Level: Main
  • Bedroom 2: Dimensions: 14x8, On Level: Main
  • Bedroom 3: Dimensions: 13x12, On Level: Upper
  • Bedroom 4: Dimensions: 11x12, On Level: Upper
  • Bedroom 5: Dimensions: 12x11, On Level: Upper
  • Other Room1: Full Bath, Dimensions: 5x6, On Level: Main
  • Other Room 2: Full Bath, Dimensions: 8x7, On Level: Upper
  • Main Level Sq Ft: 1425
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1425

Exterior Features

  • Roof Material: Shingle
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Carport
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 20x13
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: Vectren Energy
  • Water Company: Bloomington City Utility

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 70 x 100
  • Estimated Lot Sq Ft: 6970
  • Estimated Lot Size Acres: 0.16
  • Lot Number: 13

Tax Info

  • Annual Taxes: 6864.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2018
Sold by
Khan S Village Llc
Bought by
Jwaideh Khan Alexander
Current Estimated Value
$589,178

Purchase Details

Listed on
Mar 30, 2018
Closed on
Jun 5, 2018
Sold by
Gadi Rwayitare
Bought by
Khan Member Tariq
List Price
$450,000
Sold Price
$400,000
Premium/Discount to List
-$50,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.20%

Purchase Details

Listed on
Oct 15, 2013
Closed on
Nov 8, 2013
Sold by
Norbu Kunga G
Bought by
Rwayitare Gadi and Rwayitare Ruby
List Price
$334,900
Sold Price
$339,900
Premium/Discount to List
$5,000
1.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.62%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jwaideh Khan Alexander -- None Available
Khan Member Tariq $400,000 --
Khan S Village Llc $400,000 John Bethell Title Company Inc
Rwayitare Gadi -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/06/2018 06/06/18 Sold $400,000 -9.1% $178 / Sq Ft
05/23/2018 05/23/18 Pending -- -- --
05/14/2018 05/14/18 Price Changed $439,900 -2.2% $196 / Sq Ft
03/30/2018 03/30/18 For Sale $450,000 +32.4% $201 / Sq Ft
11/08/2013 11/08/13 Sold $339,900 +1.5% $152 / Sq Ft View Prior Sale
11/05/2013 11/05/13 Pending -- -- --
10/15/2013 10/15/13 For Sale $334,900 -- $149 / Sq Ft
Source: Indiana Regional MLS

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 $10,447 $510,300 $117,600 $392,700
2023 $10,733 $507,200 $117,600 $389,600
2022 $9,142 $451,500 $102,300 $349,200
2021 $7,761 $374,400 $89,300 $285,100
2020 $7,437 $359,800 $89,300 $270,500
2019 $7,492 $356,300 $56,800 $299,500
2018 $7,395 $350,900 $74,800 $276,100
2017 $6,864 $325,000 $74,800 $250,200
2016 $6,650 $320,400 $74,800 $245,600
2014 $6,573 $315,700 $68,500 $247,200
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 201812134

Indiana Regional MLS

APN: 53-08-04-108-005.000-009