NOT LISTED FOR SALE

875 W Burma Rd Bloomington, IN 47404

Estimated Value: $296,000 - $488,000

3 Beds
1 Bath
1,500 Sq Ft
$255/Sq Ft Est. Value

Last Sold October 31, 2019

Last sale price $190,000 $127 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $2,379/month

164 Days on Market

Highlights

  • 13.14 Acre Lot
  • Wooded Lot
  • Utility Room in Garage
  • Tri-North Middle School Rated A
  • Workshop
  • Community Fire Pit

About This Home

As of October 2019

Are you looking for a house on acreage with outbuildings? This property has it all! The home sits on 13+ acres on the north side of Bloomington just minutes from I69 on Burma Road. On the property you will find a 2BR + office/ 1Bath energy efficient berm home and a unique mix of other various buildings that offer many possibilities. There is also a large detached garage/workshop and a 50'x30' pole barn. At the front of the property you will see an 1,152 s.f. 1 1/2 story studio (formerly an artist's studio) that could be turned into a mother-in-law suite or another residence, subject to county approval. It's a very sunny and open structure that could also be used as a classroom or office. Another older home is used for storage. The berm home could also be used as a basement foundation for a new house. This home is perfect for Indy commuters yet convenient to Bloomington.

Last Agent to Sell the Property

Kristen Tallent

Stellar Realty Group Listed on: 05/13/2019

Last Buyer's Agent

Jeanice Chastain

Next Level Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,229

Year Built

  • Built in 1980

Lot Details

  • 13.14 Acre Lot
  • Rural Setting
  • Wooded Lot

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Earth Berm
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Shingle Siding

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Living Room with Fireplace
  • Workshop
  • Utility Room in Garage
  • Laundry on main level
  • Attic Fan
  • Laminate Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Walk-Out Basement
  • Block Basement Construction

Schools

  • Arlington Heights Elementary School
  • Tri-North Middle School
  • Bloomington North High School

Utilities

  • Central Air
  • High-Efficiency Furnace
  • Heat Pump System
  • Septic System
  • Cable TV Available

Community Details

  • Community Fire Pit

Listing and Financial Details

  • Assessor Parcel Number 53-02-04-400-003.000-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,229

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1980
  • Age: 39
  • Style: One Story
  • Architectural Style: Earth Home/Berm
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 011-06470-01 PT NW SE 4-10-1W (5.00 Ac.) PLAT 126; 011-06470-00 PT NW SE 4-10-1W (8.14 Ac.) PLAT 9;
  • Parcel Number ID: 53-02-04-400-003.000-017
  • Platted: Yes
  • Amenities: Built-in Desk, Cable Available, Ceiling Fan(s), Countertops-Laminate, Deck Open, Firepit, Workshop, Main Floor Laundry, Garage Utilities
  • Cross Street: Sample Road
  • Grid: Northwest Monroe County-A000
  • Location: Rural
  • Parcel Id2: 530204400007000017
  • Sp Lp Percent: 91.35
  • County Zoning: Unknown
  • Year Taxes Payable: 2018/2019
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1500
  • Total Finished Sq Ft: 1500
  • Above Grade Finished Sq Ft: 1500
  • Price Per Sq Ft: 126.67
  • Basement Foundation: Slab, Walk-Out Basement
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Wood Burning Stove
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Living Great Room: Dimensions: 36x16, On Level: Main
  • Kitchen: Dimensions: 14x12, On Level: Main
  • Bedroom 1: Dimensions: 16x12, On Level: Main
  • Bedroom 2: Dimensions: 12x12, On Level: Main
  • Bedroom 3: Dimensions: 20x12, On Level: Upper
  • Other Room1: Office, Dimensions: 12x10
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Shingle
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: Pole/Post Building, Dimensions: 30x50

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x30
  • Garage Sq Ft: 720
  • Garage: Yes

Utilities

  • Cooling: Attic Fan, Central Air
  • Heating Fuel: Electric, Heat Pump
  • Sewer: Septic
  • Water Utilities: Public
  • Electric Company: REMC
  • Water Company: Washington Township Water
  • Hvac: Attic Fan, Ceiling Fan, High Efficiency Furnace

Schools

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

Lot Info

  • Lot Description: 10-14.999, Wooded
  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 572378
  • Estimated Lot Size Acres: 13.14

Tax Info

  • Annual Taxes: 2229.1
  • Exemptions: Disabled Vet, Homestead, Supplemental

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
May 13, 2019
Closed on
Nov 7, 2019
Sold by
Calvert Stephen L and Calvert Trudy L
Bought by
Tinsley Patricia J
Seller's Agent
Kristen Tallent
Stellar Realty Group
Buyer's Agent
Jeanice Chastain
Next Level Realty
List Price
$245,000
Sold Price
$190,000
Premium/Discount to List
-$55,000
-22.45%
Current Estimated Value
$383,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,212
Avg. Annual Appreciation
10.48%
Original Mortgage
$165,000
Outstanding Balance
$146,717
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$194,278
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
Tinsley Patricia J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tinsley Patricia J $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2019 10/31/19 Sold $190,000 -8.7% $127 / Sq Ft
08/13/2019 08/13/19 Price Changed $208,000 -7.6% $139 / Sq Ft
07/12/2019 07/12/19 Price Changed $225,000 -4.3% $150 / Sq Ft
06/17/2019 06/17/19 Price Changed $235,000 -4.1% $157 / Sq Ft
05/13/2019 05/13/19 For Sale $245,000 -- $163 / 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 $3,684 $363,800 $210,800 $153,000
2023 $3,240 $304,000 $140,600 $163,400
2022 $2,586 $257,300 $105,400 $151,900
2021 $2,283 $213,800 $75,400 $138,400
2020 $2,275 $212,200 $75,400 $136,800
2019 $1,510 $119,600 $58,400 $61,200
2018 $1,869 $119,100 $58,400 $60,700
2017 $1,896 $120,100 $58,400 $61,700
2016 $2,088 $113,400 $52,900 $60,500
2014 $1,284 $104,700 $50,000 $54,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201918739

Indiana Regional MLS

APN: 53-02-04-400-007.000-017