NOT LISTED FOR SALE

915 W 2nd St Unit 15 Bloomington, IN 47403

30 Beds
15 Baths
16,000 Sq Ft
0.36 Acres

Last Sold February 28, 2014

Last sale price $740,000 $46 Per Sq Ft

140 Days on Market

Highlights

  • Heavily Wooded Lot
  • Wood Flooring
  • Lot Has A Rolling Slope
  • Jackson Creek Middle School Rated A
  • Forced Air Heating and Cooling System
  • 5-minute walk to Building and Trades Park

About This Home

As of February 2014

Outstanding opportunity. 30 bedroom residential investment property close to hospital and downtown. Property includes 11 unit apartment building (915 2nd st) and large 4 plex (919 2nd). Several long term tenants,positive cash flow and historically low turnover make this a smart buy.

Last Agent to Sell the Property

Don Griffin

Griffin Realty Holdings LLC Listed on: 09/19/2013

Last Buyer's Agent

Deborah Tomaro

Deb Tomaro Real Estate

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $13,700

Year Built

  • Built in 1991

Lot Details

  • 0.36 Acre Lot
  • Irregular Lot
  • Lot Has A Rolling Slope
  • Heavily Wooded Lot

Parking

  • 24 Parking Spaces

Home Design

  • Planned Development
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 3-Story Property

Flooring

  • Wood
  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 30 Bedrooms
  • 15 Full Bathrooms

Schools

  • Fairview Elementary School
  • Tri-North Middle School
  • Bloomington North High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for cable, electric, fuel
  • The owner pays for water
  • Assessor Parcel Number 53-08-05-100-079.000-009

Community Details

Overview

  • 2 Buildings
  • 15 Units

Building Details

  • 15 Separate Electric Meters
  • 15 Separate Water Meters
  • Insurance Expense $5,000
  • Maintenance Expense $3,700
  • Trash Expense $1,000
  • Water Sewer Expense $6,800

Property Details

Home Type

Apartment

Est. Annual Taxes

$13,700

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1991
  • Age: 23
  • Bedrooms: 30
  • Number Above Grade Bedrooms: 30
  • Total Bathrooms: 15
  • Total Full Bathrooms: 15
  • Legal Description: sem pt lot 51 (.36 ac) |
  • Parcel Number ID: 53-08-05-100-079.000-009
  • Platted: Yes
  • Amenities: Water Heater Electric
  • Grid: Southwest Bloomington Cit-4000
  • Location: Near College Campus
  • Sp Lp Percent: 94.52
  • Zoning Description: CA-Commercial Arterial
  • Monthly Gross Income: 8167
  • Year Taxes Payable: 2011/2012
  • Special Features: None

Interior Features

  • Total Sq Ft: 16000
  • Total Finished Sq Ft: 16000
  • Above Grade Finished Sq Ft: 16000
  • Price Per Sq Ft: 46.25
  • Flooring: Carpet, Vinyl Tile, Wood
  • Main Level Sq Ft: 7000
  • Number Of Disposals: 15
  • Number Of Ranges Ovens: 15

Exterior Features

  • Exterior: Aluminum, Brick, Vinyl
  • Roof Material: Shingle
  • Stories: 3

Garage/Parking

  • Number Of Parking Spaces: 24

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electricity, Forced Air
  • Water Utilities: City
  • Annual Insurance Expense: 5000
  • Annual Maintenance Expense: 3700
  • Annual Trash Expense: 1000
  • Annual Water Sewer Expense: 6800
  • Number Electric Meters: 15
  • Number Of W D Hookups: 12
  • Number Water Meters: 15

Schools

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

Lot Info

  • Lot Description: Heavily Wooded, Irregular, Rolling, Planned Unit Development
  • Lot Dimensions: 1x1
  • Estimated Lot Sq Ft: 15682
  • Estimated Lot Size Acres: 0.36

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Water
  • Tenant Pays: Cable, Electric, Fuel

Tax Info

  • Total Assessed Value: 929000
  • Annual Property Tax: 13700

Multi Family

  • Gross Monthly Rent: 8000
  • Number Of Dishwashers: 11
  • Number Of Refrigerators: 15
  • Number Of Units: 15
  • Num Of2 Bedrooms: 15
  • Num Of Units Rented: 15

MLS Schools

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

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2014 02/28/14 Sold $740,000 -20.1% $46 / Sq Ft
02/06/2014 02/06/14 Pending -- -- --
09/19/2013 09/19/13 For Sale $926,000 -- $58 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Don Griffin

    Seller's Agent in 2014

    Don Griffin

    Griffin Realty Holdings LLC

    (812) 327-9232

    110 Total Sales

    Don Griffin
    Section Image
  • Deborah Tomaro

    Buyer's Agent in 2014

    Deborah Tomaro

    Deb Tomaro Real Estate

    (812) 345-4404

    225 Total Sales

    Deborah Tomaro
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201313658

Indiana Regional MLS
Indiana Monroe County Bloomington 47403

915 W 2nd St Unit 15, Bloomington, IN

This home is located at 915 W 2nd St Unit 15, Bloomington, IN 47403 since 19 September 2013. This property was built in 1991. 915 W 2nd St Unit 15 is a home located in Monroe County with nearby schools including Templeton Elementary School, Jackson Creek Middle School, and Bloomington High School South.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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