604 North Smith Road

Bloomington, IN 47408

$2,899,000
Price
21
Beds
21
Baths
18,863 Sq. Ft.
$154 / Sq. Ft.
18,863
Sq. Ft.
$154
per Sq. Ft.

Description

Great location, just a few minutes from IU's Kelly School of Business, dining, shopping, and nightlife. Located on N. Smith Road between E. 10th & E. 3rd Streets, this building offers loads of amenities! The property is State of the Art including 21 units with 17 flat and 4 loft floor plans. The units come furnished, have Modern finishes, large picture windows with inviting views, laminate & carpet flooring, stackable w/d in each unit, and a security system. Perfect for professors, grad students,...Great location, just a few minutes from IU's Kelly School of Business, dining, shopping, and nightlife. Located on N. Smith Road between E. 10th & E. 3rd Streets, this building offers loads of amenities! The property is State of the Art including 21 units with 17 flat and 4 loft floor plans. The units come furnished, have Modern finishes, large picture windows with inviting views, laminate & carpet flooring, stackable w/d in each unit, and a security system. Perfect for professors, grad students, undergrads or anyone that loves quiet, luxury living. On site parking for all residents is FREE! Water, Sewer, Trash, and Internet are included in monthly rent, tenants are responsible for electric. P&L statement will be provided to QUALIFIED Buyers only upon request. 21units are fully leased and 8 units already leased for 2025! Floor plans are attached.
  1. Listed by Janet Jin • RE/MAX Acclaimed Properties

Property Details for 604 North Smith Road

Style
Multi-Story (3+)
Architectural Style
Contemporary
Subdivision
None
Waterfront
No
Pet Restrictions
No

Location

Listing Courtesy of RE/MAX Acclaimed Properties
Add your commute
LISTING UPDATED: 02/29/2024 03:52 PM

Property Details for 604 North Smith Road

StatusActive
MLS #202334670
Days on Market241
Taxes$42,919 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Apartment Building
Year Built2017
CountyMonroe County

Location

Listing Courtesy of RE/MAX Acclaimed Properties
Add your commute

Building Information for 604 North Smith Road

Building/Complex604 N Smith RdFloor-Stories4Residences21Pet Policy-Year Built2017Building Size-

Payment Calculator

$19,398 per month

30 year fixed, 7.25% Interest

Principal and Interest

$15,821

Property Taxes

$3,577

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 604 North Smith Road

Summary
Location and General Information
  • Area: Monroe County
  • City: Bloomington
  • Zip + 4: 2766
  • Zip Code: 47408
  • City Zoning: RM - Residential Multifamily
  • State: IN
  • Township: Bloomington
  • Cross Street: E. 3rd Street/E. 10th Street
  • Geo Latitude: 39
  • Geo Longitude: -86
  • Grid: Northeast Bloomington Cit-2000
  • Inside City Limits: Yes
  • Fips Code: 18105
  • Directions To Property: East on 3rd Street, Left on Smith Rd, property is on the Right....OR...East on 10th Street, Right on Smith Rd, property is on the Left.
  • Location: City/Town/Suburb, Near College Campus
Taxes and HOA
  • Assessed Value $: $1,992,100.00
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2023
  • Parcel Number Id: 53-05-36-300-005.000-005
School Information
  • School District: Monroe County Community School Corp.
  • Elementary: University
  • Middle School: Tri-North
  • High School: Bloomington North
Parking
  • Number Of Parking Spaces: 21
  • Parking: Off Street
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Apartment Building
  • Approx Lot Size Acres: 0.7516
  • Lot Dimensions: 275 x 132
  • Below Grade Unfin Sqft: 0.0
  • Total Square Feet: 18863.0
  • Approx Lot Size Sqft: 32740.0
  • Above Grade Finished Sqft: 18863.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 0.0
  • Total Finished Sqft: 18863.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Level
Property and Assessments
  • New Construction: No
  • Year Built: 2017
  • Age: 7
  • Documents Available: Aerial Photo, Floor Plan, Income/Expenses
  • Planned Unit Development: No
Green Features
  • Exemptions: No Exemptions
Utilities
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Sewer: Public
  • Water Company: Bloomington City Utility
  • Water Utility: Public
Interior and Exterior Features
Exterior Features
  • Amenities: Off Street Parking, Breakfast Bar, Ceilings-Vaulted, Countertops-Solid Surf, Water Heater Electric
  • Exterior: Brick, Stucco
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
  • Roof Material: Flat
Interior Features
  • Number of Electric Meters: 21
  • Number of Dishwashers: 21
  • Number of Disposals: 21
  • Number of Dryers: 21
  • Number of Microwaves: 21
  • Number of Ranges/Ovens: 21
  • Number of Refrigerators: 21
  • Number of W/D Hookups: 21
  • Number of Washers: 21
  • Basement: No
  • Basement/Foundation: Slab
  • Cooling: Central Air, Multiple Cooling Units
  • Flooring: Carpet, Laminate
  • Heating/Fuel: Heat Pump, Multiple Heating Systems
  • Stories: 4
  • Number of Above Grade Bedrooms: 21
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 21
  • Total Number of Full Baths: 21
  • Total Number of Half Baths: 0
  • Total Baths: 21
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 21
  • 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: 21
  • Number of Buildings: 1
  • Number of Units: 21
  • RI/MF Occup Permit: Yes
Income & Expenses Information
  • Annual Electric Expense: $3,368.00
  • Annual Fuel Expense: $.00
  • Annual Gross Rent $: $272,147
  • Annual Insurance Expense: $8,616
  • Annual Maint. Expense: $37,000
  • Annual Misc: $0
  • Annual Net Income: $177,972
  • Annual Property Tax: $42,919
  • Annual Trash Expense: $1,096
  • Annual Water/Sewer Exp: $1,176
  • Gross Monthly Income: $22,679
  • Gross Monthly Rent: $22,679
Rental
Rental Information
  • Lease Term: 1 Year
  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Cooling, Heating

Property History for 604 North Smith Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 604 North Smith Road

Taxable ValueLand$196,400Additions$1,795,700Total$1,992,100
Tax Record2022$42,919 ($3,577 / month)
Home Facts
Total Finished SqFt18,863 SqFtAbove Grade Finished SqFt18,863 SqFtStories4Lot Size32,670 SqFtStyleMulti-Family Res (5+ Units)Year Built2016CountyMONROEAPN53-05-36-300-005.000-005

Schools near 604 North Smith Road

This home is within Monroe County Com Sch Corp.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
University Elementary School
PublicPK to 6

Tri-North Middle School
Public7 to 8

Bloomington High School North
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

604 North Smith Road is a multi-family home for sale in Bloomington, IN 47408. This property was listed for sale on September 22, 2023 by RE/MAX Acclaimed Properties, it's currently listed at $2,899,000. This listing's school district is Monroe County Com Sch Corp. Nearby schools include University Elementary School, Tri-North Middle School and Bloomington High School North. 604 North Smith Road is a 21-bed, 21-bath, 18,863 sqft multi-family home built in 2017.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Acclaimed Properties

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.