NOT LISTED FOR SALE

8878 N Old State Road 37 Bloomington, IN 47408

Estimated Value: $399,546 - $513,000

3 Beds
2.5 Baths
2,430 Sq Ft
$177/Sq Ft Est. Value

Last Sold March 24, 2017

Last sale price $212,000 $87 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $2,545/month

13 Days on Market

Highlights

  • RV Parking in Community
  • Primary Bedroom Suite
  • Wood Flooring
  • Marlin Elementary School Rated A
  • Partially Wooded Lot
  • Great Room

About This Home

As of March 2017

Charming, restored 1920 farmhouse on 2.7 acres north of Bloomington, which works for B-Town buyers, or Indy commuters! 3 B.R. - 2.5 Baths plus an in home study/office with an outdoor entrance. Gleaming hardwood floors and Mission architecture evident thru-out this vintage home! Large country kitchen with newer appliances, remodeled baths, Mission fireplace with remote gas starter logs, and new windows on the main floor. This property has something for everyone with a detached 28 x 32 outbuilding with 900 sq foot workshop on the main floor, and a nearly finished upstairs living quarters. About 1 acre of the property is chain linked fenced for kids and pets. Really pretty fishing pond. There's also access from the south end of the property to miles of horse back riding trails. This home lends itself well to an in home business/studio with this set-up. Brand new 3 dimensional shingle roof also! Just north of historical Musgrave Orchard

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $413

Year Built

  • Built in 1920

Lot Details

  • 1.74 Acre Lot
  • Rural Setting
  • Property is Fully Fenced
  • Chain Link Fence
  • Lot Has A Rolling Slope
  • Partially Wooded Lot
  • Historic Home

Parking

  • 4 Car Detached Garage
  • Gravel Driveway

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Woodwork
  • Ceiling Fan
  • Gas Log Fireplace
  • Great Room
  • Living Room with Fireplace
  • Workshop
  • Laminate Countertops
  • Laundry on main level

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite

Unfinished Basement

  • Sump Pump
  • Block Basement Construction

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Septic System
  • Cable TV Available

Community Details

  • RV Parking in Community

Listing and Financial Details

  • Assessor Parcel Number 53-02-14-100-028.000-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$413

Year Built

Built in 1920

Lot Details

0

Parking

4

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1920
  • Age: 97
  • Style: One and Half Story
  • Architectural Style: Historic
  • Total Number of Rooms: 8
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: 011-01760-01 PT NE NE 14-10-1 W 2.76A; PLAT 66
  • Parcel Number ID: 53-02-14-100-028.000-017
  • Platted: Yes
  • Amenities: Cable Ready, Ceiling Fan(s), Countertops-Laminate, Natural Woodwork, Porch Covered, RV Parking, Workshop, Main Level Bedroom Suite, Great Room, Main Floor Laundry, Sump Pump
  • Grid: Northeast Monroe County-B000
  • Location: Rural
  • Sp Lp Percent: 98.6
  • Special Features: None

Interior Features

  • Total Sq Ft: 2760
  • Total Finished Sq Ft: 2430
  • Above Grade Finished Sq Ft: 2430
  • Below Grade Sq Ft: 330
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Gas Log
  • Flooring: Hardwood Floors, Tile
  • Living Great Room: Dimensions: 16x20, On Level: Main
  • Kitchen: Dimensions: 14x14, On Level: Main
  • Dining Room: Dimensions: 10x16, On Level: Main
  • Den: Dimensions: 10x10, On Level: Main
  • Bedroom 1: Dimensions: 11x16, On Level: Main
  • Bedroom 2: Dimensions: 12x13, On Level: Upper
  • Bedroom 3: Dimensions: 12x13, On Level: Upper
  • Main Level Sq Ft: 1530
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 330

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Dimensional Shingles
  • Outbuilding1: None
  • Fence: Full, Chain Link

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 4
  • Garage Size: Dimensions: 32x28
  • Garage Sq Ft: 896

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: City
  • Electric Company: REMC
  • Gas Company: Vectren Energy
  • Water Company: Washington Township Water
  • Cable Company: AT&T
  • Laundry: Dimensions: 12xMain, On Level: 18

Schools

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

Lot Info

  • Lot Description: Partially Wooded, Rolling
  • Lot Dimensions: 1.74 Acres
  • Estimated Lot Sq Ft: 75794
  • Estimated Lot Size Acres: 1.74

Tax Info

  • Annual Taxes: 413.36
  • Exemptions: Disabled, Homestead, Supplemental

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2017
Closed on
Mar 23, 2017
Sold by
Scites Larry and Scites Linda
Bought by
Schunn Michael S and Schunn Andrea N
List Price
$215,000
Sold Price
$212,000
Premium/Discount to List
-$3,000
-1.4%
Current Estimated Value
$430,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,887
Avg. Annual Appreciation
8.54%
Original Mortgage
$208,160
Outstanding Balance
$174,261
Interest Rate
4.17%
Mortgage Type
FHA
Estimated Equity
$248,162

Purchase Details

Listed on
Nov 5, 2013
Closed on
Dec 4, 2013
Sold by
U S Bank Na
Bought by
Scites Larry and Scites Linda
Seller's Agent
Ronita Walcott
Evergreen Real Estate & Auctions
Buyer's Agent
NON-MEMBER MEMBER
NonMember KBOR
List Price
$89,900
Sold Price
$72,000
Premium/Discount to List
-$17,900
-19.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.27%

Purchase Details

Closed on
Sep 20, 2013
Sold by
Foley Lisa A and Foley Timothy A
Bought by
Us Bank Na
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
Schunn Michael S -- None Available
Scites Larry $72,000 Service Link
Us Bank Na $135,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schunn Michael S $208,160
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2017 03/24/17 Sold $212,000 -1.4% $87 / Sq Ft
02/14/2017 02/14/17 Pending -- -- --
02/01/2017 02/01/17 For Sale $215,000 +198.6% $88 / Sq Ft
12/20/2013 12/20/13 Sold $72,000 -19.9% $30 / Sq Ft
11/22/2013 11/22/13 Pending -- -- --
11/05/2013 11/05/13 For Sale $89,900 -- $37 / 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 $2,358 $303,800 $60,900 $242,900
2023 $2,331 $299,400 $60,900 $238,500
2022 $2,420 $309,500 $52,000 $257,500
2021 $2,140 $268,400 $47,000 $221,400
2020 $1,629 $212,200 $42,000 $170,200
2019 $1,464 $197,900 $42,000 $155,900
2018 $1,494 $196,300 $42,000 $154,300
2017 $674 $111,100 $42,000 $69,100
2016 $461 $109,700 $42,000 $67,700
2014 $611 $139,500 $42,000 $97,500
Source: Public Records

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Map

Source: Indiana Regional MLS

MLS Number: 201703941

Indiana Regional MLS

APN: 53-02-14-100-028.000-017