Sold
Last Sold Price
5 beds5,144 sqft$53/sqft
322-328 E State Rd, Bloomington, IN 47408
Multi FamilyProperty Type
0.6 acresLot Size
1960Year Built
$53/sq ftPrice per sq ft
8 carsParking Spaces

Description

Unique property located just a couple hundred feet from IU Stadium! Two Houses both in good condition. Long Stable rental history! Five unit home with 4 bedrooms leased separately with shared bath at approximately $300 / month each plus one bedroom apartment at $600 / month. Second home is a 3 bedroom at $925 / month plus all utilities by Tenant Zoned High Density residential with nearly 2/3rds of an acre of land!Unique property located just a couple hundred feet from IU Stadium! Two Houses both in good condition. Long Stable rental history! Five unit home with 4 bedrooms leased separately with shared bath at approximately $300 / month each plus one bedroom apartment at $600 / month. Second home is a 3 bedroom at $925 / month plus all utilities by Tenant Zoned High Density residential with nearly 2/3rds of an acre of land!
Listing closed: 07/15/2015 12:00 AM • Source: Indiana Regional MLS, MLS#: 201434008

Location

Listing Courtesy of RE/MAX Realty Professionals

Sold By WS Property Group

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Property Information for 322-328 East State Road

Property Details
  • Taxes: $6,235 / year
  • MLS Type: Multi Family / Other
  • Style: Two Story
  • Waterfront: No
  • Water Features: None
  • Pet Restrictions: Yes
Building Information
  • Stories: 2
  • Residences: 6
  • Year Built: 1960
  • Lot Size: 0.60 AC / 26,136 SF
Summary
Location and General Information
  • Area: Monroe County
  • City: Bloomington
  • Zip Code: 47408
  • State: IN
  • Township: Bloomington
  • Cross Street: Dunn St
  • Grid: Northeast Bloomington Cit-2000
  • Section Number: 28
  • Fips Code: 18105
  • Directions To Property: On the Bypass between Walnut & Dunn on the South side of the street.
  • Location: City/Town/Suburb, Near College Campus
Taxes and HOA
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2014
  • Parcel Number Id: 53-05-28-300-148.000-005
  • Parcel Id 2: 530528300171000005
School Information
  • School District: Monroe County Community School Corp.
  • Elementary: University
  • Middle School: Tri-North
  • High School: Bloomington North
Parking
  • Number Of Parking Spaces: 8
  • Parking: Off Street
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Other
  • Approx Lot Size Acres: 0.6
  • Lot Dimensions: Irregular
  • Below Grade Unfin Sqft: 0.0
  • Total Square Feet: 5144.0
  • Upper Level Sqft: 1140.0
  • Approx Lot Size Sqft: 26136.0
  • Above Grade Finished Sqft: 4124.0
  • Below Grade Finished Sqft: 1020.0
  • Total Below Grade Sqft: 1020.0
  • Total Finished Sqft: 5144.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Irregular
  • Main Level Sqft: 2984.0
Property and Assessments
  • New Construction: No
  • Year Built: 1960
  • Age: 55
  • Expiration Of Permit: 03-01-2015
  • Planned Unit Development: No
Green Features
  • Energy Efficient: Appliances
  • Exemptions: No Exemptions
Utilities
  • Sewer: City
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Amenities: Basement
  • Exterior: Other
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
Interior Features
  • Number of Electric Meters: 2
  • Number of Gas Meters: 2
  • Number of Dishwashers: 2
  • Number of Disposals: 2
  • Number of Dryers: 0
  • Number of Microwaves: 2
  • Number of Ranges/Ovens: 2
  • Number of Refrigerators: 2
  • Number of W/D Hookups: 1
  • Number of Washers: 0
  • Number Water Meters: 2
  • Basement Material: Block
  • Basement: Yes
  • Basement/Foundation: Slab, Finished
  • Cooling: Central Air
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Heating/Fuel: Gas, Conventional
  • Stories: 2
  • Number of Above Grade Bedrooms: 4
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 1
  • Total Number of Bedrooms: 5
  • Total Number of Full Baths: 2
  • Total Number of Half Baths: 0
  • Total Baths: 2
  • Number Total Rooms Below Grade: 2
  • Num Of 1 Bedrooms: 0
  • Num Of 2 Bedrooms: 0
  • Num Of 3 Bedrooms: 0
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 0
  • Num of Units Rented: 6
  • Number of Buildings: 2
  • Number of Units: 6
Income & Expenses Information
  • Annual Electric Expense: $.00
  • Annual Fuel Expense: $.00
  • Annual Gross Rent $: $31,200
  • Annual Insurance Expense: $1,246
  • Annual Maint. Expense: $0
  • Annual Misc: $0
  • Annual Net Income: $23,719
  • Annual Property Tax: $6,235
  • Annual Trash Expense: $0
  • Annual Water/Sewer Exp: $0
  • Gross Monthly Income: $2,600
  • Gross Monthly Rent: $2,600
Rental
Rental Information
  • Lease Term: 1 Year
  • Owner Pays: None
  • Tenant Pays: Cable, Cooling, Electric, Fuel, Heating, Sewer, Trash Collection, None, Deposit Value

Property History for 322-328 East State Road

DateEvent & SourcePriceAppreciation
Jul 15, 2015

Sold

Indiana Regional MLS #201434008

$275,000
Feb 17, 2015

Pending

Indiana Regional MLS #201434008

Aug 5, 2014

Listed (Active)

Indiana Regional MLS #201434008

$395,000
DateEvent & SourcePrice
07/15/2015

Sold

Indiana Regional MLS #201434008

$275,000
02/17/2015

Pending

Indiana Regional MLS #201434008

08/05/2014

Listed (Active)

Indiana Regional MLS #201434008

$395,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Realty Professionals

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.