NOT LISTED FOR SALE

3498 S Oaklawn Cir Bloomington, IN 47401

Estimated Value: $219,922 - $240,000

3 Beds
2.5 Baths
1,256 Sq Ft
$183/Sq Ft Est. Value

Sale Details

Date Sold: July 8, 2021

Last sale price $185,000 $147 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,578 / mo

Highlights

  • Open Floorplan
  • 1 Car Attached Garage
  • Patio
  • Binford Elementary School Rated A
  • Double Vanity
  • Tile Flooring

About This Home

As of January 2023

On the bus line, this 3 bedroom, 2 ½ bath condo with a 1 car attached garage is in Oaklawn Park. Main level: living room/dining room combination with a gas fireplace, ½ bathroom, small area for a home office, kitchen and laundry. The refrigerator, range, dishwasher, microwave, washer and dryer have been provided by the landlord. 3 bedrooms upstairs. The master has an en suite bath and walk-in closet. There's a hall bath for the additional 2 bedrooms. Close to the College Mall, shopping, restaurants, doctor’s offices, trails, new hospital, and MORE! The HOA fee is paid by the landlord and covers mowing, exterior maintenance & snow removal. Utilities are the tenant's responsibility. Available for immediate occupancy. Note: water & sewer are billed separately by the HOA - landlord will provide a copy of the bill to the tenant and tenant to reimburse landlord with following month's rent. Landlord is licensed real estate broker.

Last Agent to Rent the Property

Tracee Lutes

RE/MAX Acclaimed Properties Listed on: 11/02/2022

RE/MAX Acclaimed Properties

Last Renter's Agent

Tracee Lutes

RE/MAX Acclaimed Properties Listed on: 11/02/2022

RE/MAX Acclaimed Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2004

Lot Details

  • 436

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Duplex
  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Gas Log Fireplace
  • Block Basement Construction
  • Fire and Smoke Detector

Kitchen

  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Double Vanity

Schools

  • Rogers/Binford Elementary School
  • Jackson Creek Middle School
  • Bloomington South High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Patio
  • Level Lot
  • Suburban Location

Community Details

  • Pets Allowed with Restrictions
  • Pet Deposit $50

Listing and Financial Details

  • Security Deposit $1,600
  • Tenant pays for cooling, deposits, electric, heating, sewer, trash collection
  • The owner pays for association dues, bldg insurance, lawn maintenance
  • $20 Application Fee
  • Assessor Parcel Number 53-01-50-442-735.000-009

Property Details

Home Type

Multi-Family

Year Built

Built in 2004

Lot Details

436 Sq Ft Lot

Parking

1

Rental Info

  • Lease Term: 1 Year, Negotiable
  • Owner Pays: Association Dues, Bldg Insurance, Lawn Maintenance
  • Tenant Pays: Cooling, Deposits, Electric, Heating, Sewer, Trash Collection
  • Application Fee: 20
  • Pet Fee: 50
  • Security Deposit: 1600

Listing Details

  • Class: RESIDENTIAL FOR LEASE
  • Property Sub Type: Duplex
  • Year Built: 2004
  • Style: Two Story
  • Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: Oaklawn Park Ph 6 Unit 35 annexed 3/1/04 from 014-04427-35
  • Parcel Number ID: 53-01-50-442-735.000-009
  • Amenities: Ceiling Fan(s), Countertops-Laminate, Detector-Smoke, Disposal, Garage Door Opener, Near Walking Trail, Open Floor Plan, Patio Open, Twin Sink Vanity
  • Location: City/Town/Suburb
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 1256
  • Total Finished Sq Ft: 1256
  • Above Grade Finished Sq Ft: 1256
  • Basement Foundation: Slab
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Gas Log
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl
  • Living Great Room: Dimensions: 11x14, On Level: Main
  • Kitchen: Dimensions: 9x12, On Level: Main
  • Dining Room: Dimensions: 8x10, On Level: Main
  • Bedroom 1: Dimensions: 11x15, On Level: Upper
  • Bedroom 2: Dimensions: 11x11, On Level: Upper
  • Bedroom 3: Dimensions: 10x11, On Level: Upper
  • Main Level Sq Ft: 539
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Outbuilding1: None
  • Outbuilding2: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 19x11
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Water Company: Bloomington City Utility
  • Laundry: Dimensions: Mainx5, On Level: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • Elementary School: Rogers/Binford

Lot Info

  • Lot Description: Level
  • Lot Dimensions: irregular

MLS Schools

  • High School: Bloomington South
  • Middle School: Jackson Creek
  • School District: Monroe County Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2021
Closed on
Jun 30, 2021
Sold by
Starts Mary M and Starts Gregory A
Bought by
Lutes Michael J and Lutes Tracee D
Seller's Agent
Tracee Lutes
RE/MAX Acclaimed Properties
Sold Price
$18,600
Current Estimated Value
$230,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,631
Avg. Annual Appreciation
4.69%
Original Mortgage
$148,000
Outstanding Balance
$132,823
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$97,408
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Lutes Michael J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lutes Michael J $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/21/2023 01/21/23 Rented $20,400 +1175.0% --
12/15/2022 12/15/22 Under Contract -- -- --
11/02/2022 11/02/22 For Rent $1,600 -91.4% --
07/15/2021 07/15/21 Rented $18,600 0.0% --
07/08/2021 07/08/21 Sold $185,000 0.0% $147 / Sq Ft View Prior Sale
07/08/2021 07/08/21 For Rent $1,600 0.0% --
06/05/2021 06/05/21 For Sale $185,000 0.0% $147 / Sq Ft
04/24/2021 04/24/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $185,000 -- $147 / Sq Ft
Source: Indiana Regional MLS

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
2025 $4,189 $201,900 $50,000 $151,900
2024 $4,189 $204,600 $50,000 $154,600
2023 $2,188 $206,800 $50,000 $156,800
2022 $3,902 $192,700 $50,000 $142,700
2021 $3,501 $168,900 $50,000 $118,900
2020 $3,152 $152,500 $50,000 $102,500
2019 $2,992 $142,300 $30,000 $112,300
2018 $2,860 $135,700 $30,000 $105,700
2017 $2,604 $123,300 $20,000 $103,300
2016 $2,582 $124,400 $20,000 $104,400
2014 $2,453 $117,800 $20,000 $97,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202245334

Indiana Regional MLS

APN: 53-01-50-442-735.000-009

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