NOT LISTED FOR SALE

861 S Park Square Dr Bloomington, IN 47403

Estimated Value: $240,708 - $350,000

6 Beds
4 Baths
2,600 Sq Ft
$106/Sq Ft Est. Value

Last Sold January 24, 2023

Last sale price $250,000 $96 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,831/month

7 Days on Market

Highlights

  • Fenced Yard
  • Forced Air Heating and Cooling System
  • Level Lot
  • Bloomington High School North Rated A
  • Ceiling Fan
  • Carpet

About This Home

As of January 2023

This highly rentable duplex is currently occupied and rent is paid through Section 8. One side is leased until Nov 2023 and the other is leased through Dec 2023. Tenants have indicated they would like to stay long term. Seller is currently in the process of renewing the occupancy permits. Both units have 3 bedrooms and 2 1/2 baths. Kitchens are large and there is a fenced back yard. One side has been recently renovated. Very few duplexes are listed right now so don't miss this opportunity to add to your rental inventory.

Last Agent to Sell the Property

Becky Wann

Becky Wann Real Estate Services Listed on: 12/06/2022

Last Buyer's Agent

Beth Robinson

RE/MAX Realty Professionals

RE/MAX Realty Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,581

Year Built

  • Built in 1976

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 71 x 121
  • Fenced Yard
  • Partially Fenced Property
  • Chain Link Fence
  • Level Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,600 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 6 Parking Spaces
  • Driveway
  • Off-Street Parking

Location

  • Suburban Location

Schools

  • Highland Park Elementary School
  • Batchelor Middle School
  • Bloomington North High School

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, heating, sewer, trash collection, water
  • The owner pays for building insurance, lawn maintenance, tax
  • Assessor Parcel Number 53-09-01-204-006.000-016

Community Details

Overview

  • 2 Units
  • Highland Village Subdivision

Pet Policy

  • Pet Restriction

Building Details

  • Insurance Expense $1,687
  • Maintenance Expense $630

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,581

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1976
  • Age: 46
  • Style: Two Story
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 4
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 2
  • Legal Description: 017-01130-00 Highland Village 12A Lot 514
  • Parcel Number ID: 53-09-01-204-006.000-016
  • Platted: Yes
  • Amenities: Ceiling Fan, Fenced Yard, Cable Ready
  • Cross Street: Sunset Ave.
  • Location: City/Town/Suburb
  • Sp Lp Percent: 92.94
  • Monthly Gross Income: 2130
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 2600
  • Total Finished Sq Ft: 2600
  • Above Grade Finished Sq Ft: 2600
  • Price Per Sq Ft: 96.15
  • Basement Foundation: Slab
  • Flooring: Carpet, Laminate
  • Number Of Disposals: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Shingle
  • Fence: Partial, Chain Link
  • Stories: 2

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Water Company: Bloomington City Utility
  • Annual Insurance Expense: 1687
  • Annual Maintenance Expense: 630
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Monroe County Community School Corp.
  • Elementary School: Highland Park
  • Middle School: Batchelor
  • High School: Bloomington North
  • Elementary School: Highland Park

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 71 x 121
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2

Rental Info

  • Lease Term: 1 Year, Renewal Options
  • Owner Pays: Building Insurance, Lawn Maintenance, Tax
  • Tenant Pays: Cable, Cooling, Electric, Heating, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 2130
  • Number Of Dishwashers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of 3 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 3581.24

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2024
Sold by
A And E Investment Group Llc
Bought by
Brookwood 79 Llc
Current Estimated Value
$274,427

Purchase Details

Listed on
Dec 6, 2022
Closed on
Jan 24, 2023
Sold by
Jordan River Homes Llc
Bought by
A And E Investment Group Llc
Seller's Agent
Becky Wann
Becky Wann Real Estate Services
Buyer's Agent
Beth Robinson
RE/MAX Realty Professionals
List Price
$269,000
Sold Price
$250,000
Premium/Discount to List
-$19,000
-7.06%
Views
83

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.05%

Purchase Details

Listed on
Jun 4, 2020
Closed on
Dec 21, 2020
Sold by
Member Martin G and Member Claeys
Bought by
Norton Member Yasmine
Seller's Agent
Janet Lane
Century 21 Scheetz - Bloomington
List Price
$199,000
Sold Price
$188,000
Premium/Discount to List
-$11,000
-5.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.61%
Interest Rate
2.67%

Purchase Details

Listed on
Jun 4, 2020
Closed on
Dec 18, 2020
Sold by
K & M Rental Property Management Llc
Bought by
Jordan River Homes Llc
Seller's Agent
Janet Lane
Century 21 Scheetz - Bloomington
List Price
$199,000
Sold Price
$188,000
Premium/Discount to List
-$11,000
-5.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
2.67%

Purchase Details

Closed on
Dec 4, 2017
Sold by
Cleays Martin G and Davis Kelly A
Bought by
K & M Rental Property Management

Purchase Details

Listed on
Jul 19, 2017
Closed on
Sep 26, 2017
Sold by
Miller Tammy A
Bought by
Ann Davis Kelly
Seller's Agent
A.J. Bowlen
RE/MAX Acclaimed Properties
Buyer's Agent
Janet Lane
Century 21 Scheetz - Bloomington
List Price
$155,000
Sold Price
$146,000
Premium/Discount to List
-$9,000
-5.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.06%
Original Mortgage
$109,500
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 19, 2017
Closed on
Sep 25, 2017
Sold by
Miller Tammy A and Miller Bryan
Bought by
Davis Kelly Ann and Claeys Martin G
Seller's Agent
A.J. Bowlen
RE/MAX Acclaimed Properties
Buyer's Agent
Janet Lane
Century 21 Scheetz - Bloomington
List Price
$155,000
Sold Price
$146,000
Premium/Discount to List
-$9,000
-5.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,500
Interest Rate
3.82%
Mortgage Type
New Conventional
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
Brookwood 79 Llc $295,000 Bedford Federal Savings Bank
A And E Investment Group Llc $250,000 John Bethel Title Company
Norton Member Yasmine $188,000 --
Jordan River Homes Llc -- None Available
K & M Rental Property Management -- None Available
Ann Davis Kelly $146,000 --
Davis Kelly Ann -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Norton Member Yasmine --
Previous Owner Jordan River Homes Llc $141,000
Previous Owner Davis Kelly Ann $109,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2023 01/24/23 Sold $250,000 -7.1% $96 / Sq Ft
12/06/2022 12/06/22 For Sale $269,000 +43.1% $103 / Sq Ft
12/21/2020 12/21/20 Sold $188,000 -5.5% $72 / Sq Ft
11/30/2020 11/30/20 For Sale $199,000 +5.9% $77 / Sq Ft
11/01/2020 11/01/20 Off Market $188,000 -- --
10/15/2020 10/15/20 Price Changed $199,000 -5.2% $77 / Sq Ft
06/04/2020 06/04/20 For Sale $210,000 +43.8% $81 / Sq Ft
09/26/2017 09/26/17 Sold $146,000 -5.8% $56 / Sq Ft
09/05/2017 09/05/17 Pending -- -- --
07/19/2017 07/19/17 For Sale $155,000 -- $60 / 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 $4,068 $195,500 $28,400 $167,100
2023 $2,094 $194,700 $28,400 $166,300
2022 $3,660 $177,900 $28,400 $149,500
2021 $3,581 $171,300 $28,400 $142,900
2020 $3,249 $155,000 $21,300 $133,700
2019 $3,068 $145,900 $21,300 $124,600
2018 $2,985 $141,600 $21,300 $120,300
2017 $2,981 $141,100 $21,300 $119,800
2016 $3,051 $144,600 $21,300 $123,300
2014 $3,144 $148,400 $21,300 $127,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202248852

Indiana Regional MLS

APN: 53-09-01-204-006.000-016