501 W Estate Dr Bloomington, IN 47403

Get Owner Info
3 beds · 2 baths · 2,056 sq ft · Lot Size: 10,890 sq ft · Single Family Home
Est. Property Value: $303,532

Get AI-powered intel on property income potential, propensity to sell and other key info to close on the right property.

501 W Estate Dr is in the 47403 neighborhood of Bloomington, IN. It is located in Monroe County and ZIP code 47403. This Single Family Home was built in 1997 and is approximately 28 years old. The single family home spans 2056 sq ft with 3 bedrooms and 2 bathrooms and sits on a 10890 sq ft lot. According to public records, it was last sold in 2014 for $168,900 and has a tax-assessed value of $272,800, which is $148 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 501 W Estate Dr Bloomington, IN 47403 with Property Intel by Whitepages.

501 W Estate Dr

Bloomington, IN 47403

Owner Info

Owners & Occupancy for 501 W Estate Dr

This property is owned by David A Schunk. Owner contact information includes 12 phone numbers and 7 email addresses.

Property Owners

OccupationCampus Life Director, Southern Hills Youth For Christ
Cell Phone(812) ***-****View Cell Phone
Residence***************
Landline(812) 330-9454
Distance from Property**********
Email Address*****@southernhillsyfc.orgView Email
Cell Phone(812) ***-****View Cell Phone
Residence***************
Landline(812) 339-4018
Distance from Property**********
Email Address**********@aol.comView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1****************** age 34
Resident 2************* age 66
Resident 3************** age 69

Property Financials for 501 W Estate Dr

501 W Estate Dr, Bloomington, IN has a mortgage from German American Bancorp (orig. October 12, 2017). The Monroe county assessment for 2023 values it at $272,800, with annual taxes of $1,972.

Mortgage & Equity Information

Loan Amount$******
LenderGerman American Bancorp
Origination DateOctober 12, 2017
Interest Rate****%
Term20 Years
Rate TypeFixed
Est Balance$********
Due Date*****************
Equity View Equity

Property Tax

Purchase DateFebruary 07, 2014
Property Tax Amount$1,972 in 2023
Purchase Price$168,900
Assessed Value$272,800 on 2023

Investment Potential for 501 W Estate Dr

The property has a current estimated value of $303,532, which is 20% above the zip median, based on public records. It last sold on February 07, 2014 for $169K. Projected long-term
is $19,800 annually ($1,650 per month) with a 93% occupancy rate.

Discover more Single Family Homes in 47403.

Long-Term

Gross Rental
$19,800 per year($1,650 per month)
Net Operating Income
Cap Rate
Occupancy Rate
93%in 47403 zip code
 
View Rental Potential

Property Details for 501 W Estate Dr

Property Details

Property Sq Ft

Living Area

2,056 sq ft

40% above market

Lot Size

10,890 sq ft

22% below market

Price Per Sq Ft

Living Area

$148 / sq ft

12% below market

Lot Size Area

$28 / sq ft

63% above market

Property condition, age, exterior, etc. for 501 W Esta…
Longitude: -86.539519 Latitude: 39.119981 Parcel Number (APN): 53-08-20-103-024.000-008…

Recommended Properties in 47403

Discover more single family homes near 501 W Estate Dr in Bloomington, Indiana. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 501 W Estate Dr in Monroe County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$303,532
$209,373
$94,160 (45%)
$300,179
$126,199 (42%)
YoY Price Change
3.01%
-160%
Year Built
1997
1972
25 years
Living Space
2,056 sq ft
1,582 sq ft
474 (30%)
$ Per Living Sq Ft
$148
$133
$14 (11%)
Lot Size
10,890 sq ft
12,807 sq ft
-1917 (-15%)
$ Per Lot Sq Ft
$28
$15
$13 (82%)

Net Operating Income
$17,636
-$4,660 (-26%)
Annual Revenue
$19,800
$24,600
-$4,800 (-20%)
$6,411
$413 (6%)
Net Operating Income
$17,636
-$4,660 (-26%)
Cap Rate
8.22%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

Find More Housing Markets Near Bloomington