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$230,000 $10,000on 10/24/2024

7230 W May Road Bloomington, IN  47403

  • 3 Beds
  • 2 Baths
  • 2,700 sq. Ft

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Property Description for 7230 W May Road Bloomington, IN 47403

Wonderful opportunity to own a log home with so much charm sitting on 3 rolling acres. Home needs some loving touches to rejuvenate it. Huge covered porch, needs some love too. Several outbuildings for workshop space and storage. Please do not walk around property without your buyer agent.

Address:7230 W May Road Bloomington IN 47403
Status:Active
on site: 78 days
Price:$230,000
Bedrooms:3 Beds
Bathrooms:1 Full Baths, 1 Half Baths
Sq. Feet:2,700
Year Built:1982
Lot Size:3.00
County: Monroe
Township: Van Buren
MLS #:21995983
Property Type:Single Family Residence
Buyer Broker Compensation: 3.0
Any compensation may only be paid to a licensed real estate broker.

Lot Dimensions:130680
Water Source:Private Well
Directions:GPS Friendly
Main Level Sq. Ft. :1,350
Upper Level Sq. Ft. :1,350
Total Sq. Ft. :2,700

Loan Price
$1,393
Price And Interest $1,200/month
Property Tax $97/month
MTG INS $0/month
HOME INS $96/month
Price
$230,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$97/month
Home Owner Insurance
$1,152 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
10/24/24 $240,000 $230,000 -4.17%

RoomSizeLevel
Living Room 15x12 Main
Dining Room 6x6 Main
Kitchen 8x8 Main
Laundry 5x6 Main
Primary Bedroom 10x10 Main
Bedroom 2 11x12 Upper
Bedroom 3 11x12 Upper

Semi-Annual Property Tax:$582
Tax Year:2023
Other Disclosures:As Is
Mandatory HOA Fee:$

Area: 5306 - Monroe - Van Buren
Subdivision: No Subdivision
Zip Code:47403

High School:Bloomington High School North
Middle School:Lora L Batchelor Middle School
Elementary School:Grandview Elementary School

Total Sq. Ft.:2,700
Interior Features:Windows Wood
Eating Area(s):Dining Combo/Kitchen
Appliances:None
Exterior Type:Log Siding
Fireplace(s):Other
Cool:Other
Heat:Electric
Water Heater:None
Total Rooms:7
Penni Mayes, REALTOR®/Broker, F. C. Tucker Company
Penni Mayes
Phone (317) 714-4770
Additional Phone (317) 210-9570
F.C. Tucker Company

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Listing provided courtesy of Penni Mayes with F.C. Tucker Company from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 08/10/2024 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.





Bloomington Market Report

192
Avg. DOM
$206.31
Avg. $ / Sq.Ft.
$ 349,950
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 738 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.