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401 East Lafayette Street

401 East Lafayette Street, Bloomington, IL 61701
Property in Bloomington City
Local assessors in Bloomington, IL have categorized 401 East Lafayette Street as a commercial type of property. The home was built in 1995 and is 29 years old. The property's lot size has been calculated to be 30,056 square feet. The linear feet between the front and back of the lot was measured at 1,740 ft and the front of the lot was measured at 1,680 ft. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 401 East Lafayette Street has a total of 4,700 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a building with no basement that is 3,750 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with steel control joints. The building has a roof that is made of metal. Lots of brick were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. 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, 401 East Lafayette Street sold most recently in Sep 2, 2008 for a total of $280,000. If you work out the math, that's approximately a cost of $33.14 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 $6,134 in taxes each year. 401 East Lafayette Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $72,174. If we break it down further, the land itself was valued at $13,801. Improvements to the property, however, were assessed at a total of $58,373. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

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: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 0
  • Construction Type: Steel
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Business/Commerical Units Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 3,750
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 30,056
  • Lot Size Depth Feet: 1,740
  • Lot Size Frontage Feet: 1,680
  • Total Building Area: 8,450
  • Gross Building Area: 8,450
  • Building Area: 8,450
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 4,700
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: LAFAYETTE COMMERCIAL ACRES SUB
  • Land Acres: 0.69
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: LOT 1 LAFAYETTE COMMERCIAL ACRES SUB

Ownership

  • Current Owner : FELMLEY DICKERSON CO
  • Previous Owner : HUNT DAVID
  • Previous Owner 2: HUNT MICHAEL
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Mar 07, 2024

Neighborhood

  • School District Name: Bloomington School District 87
  • School Tax School District: 087
  • Census Tract: 005900

Geography

  • District: 40
  • Parcel: 21-09-451-017
  • Lot: 1
  • Meridian: SEC 09 TWN 23N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4631
  • Longitude: -88.9886

    Address

  • Full Address: 401 E Lafayette St
  • Address - House Number: 401
  • Street Direction: E
  • Address - Street Name: Lafayette
  • Address - Suffix Type: St
  • State: IL
  • City Name: Bloomington
  • Carrier Code: C026
  • 4-Digit Zip Code: 6855
  • Zip Code: 61701

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,134
  • Tax Rate Code Area: 4001

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $280,000
  • First Open Lien Mortgage Lender: BUSEY BANK
  • First Open Lien Mortgage Recording Date: Sep 05, 2008
  • First Open Lien Mortgage Loan Amount: $280,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1

    Market Valuation

  • Market Total Value: $216,522
  • Market Land Value: $41,403
  • Market Improvement Value: $175,119

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $72,174
  • Assessed Land Value: $13,801
  • Assessed Improvements Value: $58,373

    Sales

  • Current Sale Contract Date: Sep 02, 2008
  • Current Sale Recording Date: Sep 05, 2008
  • Current Sale Transaction ID: 11473334950
  • Current Sale Price: $280,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2008-00024317

    Last Sale Mortgage

  • First Mortgage Lender: BUSEY BANK
  • First Mortgage Transaction Date: Sep 05, 2008
  • First Mortgage Loan Amount: $280,000

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Frequently Asked Questions

What neighborhood is 401 East Lafayette Street located in?
The 401 East Lafayette Street is a located in the neighborhood of Bloomington City in Bloomington, Bloomington.
What is the average sales price for listings in 401 East Lafayette Street?
The average sales price for units in 401 East Lafayette Street is $0 currently.

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