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(SOLD) $285,000

3447 S Knightridge Road #1 Bloomington, IN  47401

  • 41.37 Acres

Property Description for 3447 S Knightridge Road #1 Bloomington, IN 47401

Here’s your chance to own 41.37 acres 3 minutes from Lake Monroe and the Paynetown campgrounds! 7 minutes to the East side shopping and dining and 15 minutes to Downtown Bloomington. This property offers 41.37 acres with 2.3 of that considered buildable acreage. This parcel of land has been held by the same family for 75 years, and now is your opportunity to make memories on this one-of-a-kind property. The land is perfect for the outdoor enthusiast. The Seller’s spent years with their family making memories in the picnic/campsite area down over the hill near a natural flowing spring. What a wonderful place to create trails to hike, ride 4-wheeler and or “camp”. The back side of the property adjoins the State of Indiana- Division of Forest so you have the guarantee of seclusion and wildlife. This property is part of a Subdivision (Lot 1) and has Conditions, Covenants and Restrictions set in place but no Homeowners Association or dues. No further dividing of the property is permitted for 25 years. The road to access the property is via an easement and road maintenance obligation is the responsibility of the wireless communication facility (Cell phone tower) located on an adjacent parcel to this property. Within 480ft of the fall zone radius of the wireless communication facility there can be no residential development. Utilities available at the road include Duke Electric and East Monroe Water Corp. Verizon and AT&T offer internet services here. Sellers had been approved with county for septic permits, however they have expired and need to be reapplied for. Property is Eco 3 Zoning FR. Seller’s said the property was logged on back side of the land over 20 years ago with a minimal amount of trees taken.

Address:3447 S Knightridge Road Bloomington IN 47401
Status:Sold
Sold On: 9/30/2024
Price:$285,000
Bathrooms:0
Lot Size:41.37
County: Monroe County
Township: Salt Creek
School System : Monroe County Community
MLS #:202431826
Property Type:Residential Land

Lot Dimensions:irregular
Directions:Hwy 446 to Left onto Knightridge Road (First road past Tommy D's). Property will be on your left just past the East Monroe Water Corp. Sign at entrance and gravel road runs along property line to the right.

Loan Price
$1,836
Price And Interest $1,487/month
Property Tax $230/month
MTG INS $0/month
HOME INS $119/month
Price
$285,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$230/month
Home Owner Insurance
$1,428 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Semi-Annual Property Tax:$1,381
Tax Year:2023/2024
Mandatory HOA Fee:$

Subdivision: Other
Zip Code:47401

High School:Bloomington North
Middle School:Tri-North
Elementary School:Rogers/Binford

Brian Thompson, REALTOR®/Broker, F. C. Tucker Company
Brian Thompson
Additional Phone (812) 336-7300
F.C. Tucker Company

Listing provided courtesy of Andrea Reeves with Reeves Realty Services LLC

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





Bloomington Market Report

209
Avg. DOM
$207.79
Avg. $ / Sq.Ft.
$ 349,900
Med. List Price

The house prices in Bloomington are not dropping at the moment. There has been a increase in price of $27,937.93. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Bloomington are going Up. The average house price is $349,900.00 and the average price per square feet is $207.82 per square feet. At the moment, the amount of homes listed is exactly 3361 houses, with 586 with active status, 34 with pending status and 2741 sold in Bloomington .

The most popular place to buy a home in Bloomington is 5307 - Monroe - Perry. 5307 - Monroe - Perry is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Bloomington .

The average amount of property taxes you would have to pay for a home in Bloomington is $3,465.61. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Bloomington are staying listed for an average of 66 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Bloomington was 2341 minutes ago.

At the moment we have 8 open houses that you can visit.

The cost of the most expensive home in Bloomington is $3,999,999.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Bloomington is $1,100.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Bloomington in year 1875 and the newest built house is in year 2024.

The average size of properties in Bloomington is 2137.89 sq.ft. , the biggest one being 11303 sq.ft. and the smaller being 504 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.