3622 S Sowder Sq Bloomington, IN 47401

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4 beds · 3 baths · 2,212 sq ft · Lot Size: 12,197 sq ft · Single Family Home
Est. Property Value: $311,178

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3622 S Sowder Sq is in the 47401 neighborhood of Bloomington, IN. It is located in Monroe County and ZIP code 47401. This Single Family Home was built in 1972 and is approximately 53 years old. The single family home spans 2212 sq ft with 4 bedrooms and 3 bathrooms and sits on a 12197 sq ft lot. According to public records, it has a tax-assessed value of $357,300, which is $141 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 3622 S Sowder Sq Bloomington, IN 47401 with Property Intel by Whitepages.

3622 S Sowder Sq

Bloomington, IN 47401

Neighborhood

Owners & Occupancy for 3622 S Sowder Sq

This property is owned by Janet S Schaefer. Owner contact information includes 2 phone numbers and 1 email address.

Property Owners

Residence***************
Landline(812) 876-8358
Distance from Property**********
Email Address**********@yahoo.comView Email
Residence***************
Landline(812) 336-6460
Distance from Property**********
Email Address**********@yahoo.comView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1******************* age 27
Resident 2**************** age 93
Resident 3**************** age 59
Resident 4*************** age 61

Property Financials for 3622 S Sowder Sq

3622 S Sowder Sq, Bloomington, IN has no known mortgage. The Monroe county assessment for 2023 values it at $357,300, with annual taxes of $3,818.

Property Tax

Property Tax Amount$3,818 in 2023
Assessed Value$357,300 on 2023

Investment Potential for 3622 S Sowder Sq

The property has a current estimated value of $311,178, which is 28% below the zip median. Projected long-term rental income is $41,400 annually ($3,450 per month) with a 90% occupancy rate.

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Long-Term

Gross Rental
$41,400 per year($3,450 per month)
Net Operating Income
Cap Rate
Occupancy Rate
90%in 47401 zip code
 
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Property Details for 3622 S Sowder Sq

Property Details

Property Sq Ft

Living Area

2,212 sq ft

23% below market

Lot Size

12,197 sq ft

22% below market

Price Per Sq Ft

Living Area

$141 / sq ft

4% below market

Lot Size Area

$26 / sq ft

2% below market

Property condition, age, exterior, etc. for 3622 S Sow…
Longitude: -86.523584 Latitude: 39.129829 Parcel Number (APN): 53-08-16-115-012.000-009…

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Discover more single family homes near 3622 S Sowder Sq 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 3622 S Sowder Sq in Monroe County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$311,178
$312,900
-$1,722 (-1%)
$422,025
-$36,936 (-9%)
YoY Price Change
1.99%
-90%
Year Built
1972
1988
-16 years
Living Space
2,212 sq ft
2,408 sq ft
-196 (-8%)
$ Per Living Sq Ft
$141
$128
$12 (10%)
Lot Size
12,197 sq ft
15,450 sq ft
-3253 (-21%)
$ Per Lot Sq Ft
$26
$20
$5 (26%)

Net Operating Income
$23,121
$6,638 (29%)
Annual Revenue
$41,400
$32,400
$9,000 (28%)
$9,149
$2,492 (27%)
Net Operating Income
$23,121
$6,638 (29%)
Cap Rate
7.5%
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians

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