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1350 East Rhorer Road

1350 East Rhorer Road, Bloomington, IN 47401
Property in Perry
1 Units For Sale
Unit for sale at 1350 E Rhorer Road, Bloomington, IN 47401

$400,000

  • Commercial
  • 2 Baths
1350 E Rhorer Road, Bloomington, IN 47401 Listing by Hal Weaver

1350 East Rhorer Road in Bloomington, IN was first built in 1958 and is 66 years old. Although, the building on the property was most recently renovated and altered in 1980. This has been categorized as a residential property type. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1350 East Rhorer Road has 1,934 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 918 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 54,450 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a water system. For those who need parking, there is a mixed used garage. The garage is 696 sqft. There are a total of 3 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C-. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1350 East Rhorer Road sold most recently in May 14, 2021 for a total of $750,000. If you work out the math, that's approximately a cost of $387.80 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,548 in taxes each year. 1350 East Rhorer Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $257,700. If we break it down further, the land itself was valued at $125,000. Improvements to the property, however, were assessed at a total of $132,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.

Building Features

Exterior

Masonry Exterior
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1980
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 918
  • Garage Type: Mixed use
  • Garage Square Area: 696
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 54,450
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,934
  • Building Area: 1,934
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,934
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 1.25
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PT NE NE 21-8-1W 1.25A

Ownership

  • Current Owner : REACH HIGH CONSULTING AND THERAPY LLC
  • Previous Owner : TEDDY BEAR REAL ESTATE LLC
  • Owner Before Previous Owner: FLEETWOOD JACK
  • Owner Before Previous Owner 2: FLEETWOOD DWIGHT
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Monroe County Community School Corporation
  • Census Tract: 001501

Zoning

  • Zoning: RE1

Geography

  • Assessors Map Reference: 21.02 -0056.000
  • Account Number: 014-27350-00
  • District: 0006
  • Parcel: 53-08-21-100-032.000-008
  • Municipality: PERRY TOWNSHIP
  • Latitude: 39.1211
  • Longitude: -86.5188

    Address

  • Full Address: 1350 E Rhorer Rd
  • Address - House Number: 1350
  • Street Direction: E
  • Address - Street Name: Rhorer
  • Address - Suffix Type: Rd
  • State: IN
  • City Name: Bloomington
  • Carrier Code: R083
  • 4-Digit Zip Code: 8857
  • Zip Code: 47401

Valuation

    Tax

  • Total Area: 2,852
  • Tax Year: 2022
  • Tax Amount: $3,548
  • Tax Rate Code Area: 8:PERRY TO

    Appraisal Valuation

  • Standard Deviation: 0.1165
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 87
  • Final Value: 388,994
  • High Value: 434,336
  • Low Value: 343,651

    Market Valuation

  • Market Total Value: $257,700
  • Market Land Value: $125,000
  • Market Improvement Value: $132,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $257,700
  • Assessed Land Value: $125,000
  • Assessed Improvements Value: $132,700

    Sales

  • Current Sale Contract Date: May 14, 2021
  • Current Sale Recording Date: May 18, 2021
  • Current Sale Transaction ID: 11836926248
  • Current Sale Price: $750,000
  • Current Sale Document Type: Limited Warranty Deed
  • Current Sale Input Document Number: 2021009278
  • Previous Sale Recording Date: May 31, 2006
  • Previous Sale Contract Date: Jun 30, 2003
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HORIZON BANK
  • First Mortgage Transaction Date: May 18, 2021
  • First Mortgage Loan Amount: $600,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Monroe



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  • Studio
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Frequently Asked Questions

What neighborhood is 1350 East Rhorer Road located in?
The 1350 East Rhorer Road is a located in the neighborhood of Perry in Monroe, Bloomington.
How many listings are currently for sale in 1350 East Rhorer Road?
There is a listing currently on the market for sale.
What is the average sales price for listings in 1350 East Rhorer Road?
The average sales price for units in 1350 East Rhorer Road is $400,000 currently.

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