$59,000
SOLD FEB 10, 2017

9030 W State Road 48 Bloomington, IN 47404

4 Beds
1 Bath
2,352 Sq Ft
3.4 Acres

Recently Sold

$25 Per Sq Ft

9% Below List Price

67 Days on Market

Highlights

  • Partially Wooded Lot
  • 2 Car Detached Garage
  • Wood Siding
  • Wood Flooring
  • Ceiling height of 9 feet or more

About This Home

As of June 2024

This outstanding Queen Anne farmhouse has all the Victorian detail you might imagine- ornate woodwork, tall windows, an entry staircase, and a wrap-around front porch with turned posts and bargeboard. The house has been vacant for years and needs substantial rehab; that's why the price is so low. Make it your own by refreshing the interior. Unlike a house where everything is already done, fix this one up and you won't have to live with the last owner's decorating choices. There are no functioning mechanicals in the house and the house is not currently habitable. The house is on 3.4 acres surrounded on three sides by Sycamore Land Trust property (google the Porter West Preserve of the Sycamore Land Trust for more info). Along with the house, there is a garage, farm outbuilding, stone root cellar and shed. The home is currently owned by Bloomington Restorations, Inc. (www.bloomingtonrestorations.org) who got involved with the house in order to make sure it gets into the hands of someone who will appreciate its classic character and restore it. There are preservation convenants attached to the property that will require the owner to restore and rehab the exterior within certain guidelines (no vinyl siding, for example). There are not any restrictions or guidelines on the restoration of the interior.

Michelle Cardwell

INRealty Listed on: 11/10/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,643

Year Built

  • Built in 1890

Lot Details

  • 3.4 Acre Lot
  • Irregular Lot
  • Partially Wooded Lot
  • Zoning described as RS-Residential Single-family

Parking

  • 2 Car Detached Garage

Home Design

  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Partially Finished Basement

  • Stone or Rock in Basement
  • Basement Cellar
  • Crawl Space

Utilities

  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 53-04-32-300-002.001-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,643

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1890
  • Age: 127
  • Style: Two Story
  • Total Number of Rooms: 8
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 007-01330-01 PT SW 32-9-2W 3.40 A Plat 25
  • Parcel Number ID: 53-04-32-300-002.001-011
  • Platted: Yes
  • Amenities: Ceiling-9+
  • Sp Lp Percent: 90.91
  • Zoning Description: RS-Residential Single-family
  • Special Features: None

Interior Features

  • Total Sq Ft: 2933
  • Total Finished Sq Ft: 2352
  • Above Grade Finished Sq Ft: 2352
  • Above Grade Unfinished Sq Ft: 320
  • Below Grade Sq Ft: 261
  • Basement: Yes
  • Basement Foundation: Crawl, Cellar, Partial Basement
  • Basement Material: Stone
  • Flooring: Hardwood Floors
  • Kitchen: Dimensions: 13x18, On Level: Main
  • Dining Room: Dimensions: 19x12, On Level: Main
  • Bedroom 1: Dimensions: 15x17, On Level: Main
  • Bedroom 2: Dimensions: 15x15, On Level: Upper
  • Bedroom 3: Dimensions: 12x17, On Level: Upper
  • Bedroom 4: Dimensions: 15x17, On Level: Upper
  • Other Room1: Parlor, Dimensions: 12x15, On Level: Main
  • Other Room 2: Sitting Room, Dimensions: 9x5, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 261

Exterior Features

  • Exterior: Shingle, Wood
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x20
  • Garage Sq Ft: 400

Utilities

  • Heating Fuel: Other Heating System
  • Sewer: Septic
  • Water Utilities: Well
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Irregular, Partially Wooded, 3-5.9999
  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 148104
  • Estimated Lot Size Acres: 3.4

Tax Info

  • Annual Taxes: 35.16
  • Exemptions: Tax Exempt

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2020
Sold by
Cardwell Darin and Cardwell Michelle
Bought by
9030 W State Rd 48 Llc
Total Days on Market
67
Current Estimated Value
$576,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Outstanding Balance
$335,329
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$240,713

Purchase Details

Listed on
Nov 10, 2016
Closed on
Feb 10, 2017
Sold by
Jan Sorby
Bought by
Darin Cardwell
Buyer's Agent
Michelle Cardwell
INRealty
List Price
$64,900
Sold Price
$59,000
Premium/Discount to List
-$5,900
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.38%

Purchase Details

Closed on
Mar 24, 2016
Sold by
Mercer Timothy L and Mercer Melissa
Bought by
Bloomington Restorations Inc

Purchase Details

Closed on
Nov 24, 2010
Sold by
Sycamore Land Trust Inc
Bought by
Bloomington Restorations Inc

Purchase Details

Closed on
Feb 24, 2009
Sold by
Sycamore Land Trust and Freitag Christian
Bought by
Sycamore Land Trust
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 Type Sale Price Title Company
Warranty Deed $540,000 Titleplus
Deed $59,000 --
Warranty Deed $59,000 Titleplus!
Quit Claim Deed -- None Available
Warranty Deed -- None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $372,000 Future Advance Clause Open End Mortgage
Previous Owner $225,000 Adjustable Rate Mortgage/ARM
Previous Owner $129,800 Adjustable Rate Mortgage/ARM
Previous Owner $125,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2024 06/10/24 Sold $550,000 -8.3% $210 / Sq Ft
05/14/2024 05/14/24 For Sale $599,900 +9.1% $229 / Sq Ft
04/18/2024 04/18/24 Off Market $550,000 -- --
12/05/2023 12/05/23 Price Changed $599,900 -7.7% $229 / Sq Ft
10/04/2023 10/04/23 Price Changed $649,900 -7.1% $248 / Sq Ft
10/03/2023 10/03/23 Price Changed $699,900 -6.0% $268 / Sq Ft
05/11/2023 05/11/23 Price Changed $744,900 -6.3% $285 / Sq Ft
04/17/2023 04/17/23 For Sale $794,900 +1247.3% $304 / Sq Ft
02/10/2017 02/10/17 Sold $59,000 -9.1% $25 / Sq Ft
01/16/2017 01/16/17 Pending -- -- --
11/10/2016 11/10/16 For Sale $64,900 +8.2% $28 / Sq Ft
08/24/2012 08/24/12 Sold $60,000 -7.6% $26 / Sq Ft
08/24/2012 08/24/12 Pending -- -- --
01/03/2012 01/03/12 For Sale $64,900 -- $28 / 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
2023 $4,643 $547,000 $136,000 $411,000
2022 $9,056 $537,400 $136,000 $401,400
2021 $8,956 $503,000 $136,000 $367,000
2020 $4,637 $259,500 $46,000 $213,500
2019 $2,391 $140,800 $28,500 $112,300
2018 $1,186 $70,400 $28,500 $41,900
2017 $35 $70,100 $28,500 $41,600
2016 $35 $68,800 $28,500 $40,300
2014 -- $67,800 $28,500 $39,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201651333

Indiana Regional MLS

APN: 53-04-32-300-002.001-011