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7730 S Fairfax Road

Bloomington, IN 47401
  • $240,000
  • STATUS: Active
  • ON SITE: 20 Days
  • MLS #: 202140733
UPDATED: 40 min ago
$240,000
  • 3
    BEDS
  • 8.15
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 1,056
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1950
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

8 acres near Lake Monroe! Limestone house with 3 bedrooms (2 do not have closets), large living room and eat in kitchen. 8 beautiful acres of rolling terrain. Newer roof (2019), replacement windows, updated electrical, and brand new septic system. Oversized 2 car garage with new siding and doors with workshop area inside. Separate Limestone storage building. Home has a small studio apartment attached to the garage. The studio has a very small kitchen and bath but needs extensive work. We are not able to show the studio at this time. Home is rented for $800 per month plus the tenants pay 4/5 of the utilities. The studio is rented to a long term tenant for $325 per month and the owner pays the remaining 1/5 utilities. Both leases expire around August 2022. Tenant in the home said he might be open to moving in spring if the buyer desires. Please note. the expenses are only showing 1/5 of the utilities and are just an estimate.

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© 2021 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Hill Team | Keller Williams Capital Realty. Data last updated: 2021-10-19T16:27:56.837.

www.hillteamllc.com/homes/121873545
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7730 S Fairfax Road Bloomington, IN 47401

  • Price: $240,000
  • Status: Active
  • Updated: 40 min ago
  • MLS #: 202140733
3
Beds
1
Baths
0
½ Baths
8.15
Acres
1,056
SQFT
$227
$/SQFT
1950
Built
Neighborhood:
Southeast Monroe County
County:
Monroe
Area:
Monroe
Elementary School:
Lakeview
Middle School:
Jackson Creek
High School:
Bloomington South
School District:
Monroe County Community School C
Property Description
8 acres near Lake Monroe! Limestone house with 3 bedrooms (2 do not have closets), large living room and eat in kitchen. 8 beautiful acres of rolling terrain. Newer roof (2019), replacement windows, updated electrical, and brand new septic system. Oversized 2 car garage with new siding and doors with workshop area inside. Separate Limestone storage building. Home has a small studio apartment attached to the garage. The studio has a very small kitchen and bath but needs extensive work. We are not able to show the studio at this time. Home is rented for $800 per month plus the tenants pay 4/5 of the utilities. The studio is rented to a long term tenant for $325 per month and the owner pays the remaining 1/5 utilities. Both leases expire around August 2022. Tenant in the home said he might be open to moving in spring if the buyer desires. Please note. the expenses are only showing 1/5 of the utilities and are just an estimate.
Exterior Features

Architectural Style Ranch Driveway Gravel Exterior Stone Fence None Location Rural Lot Description Partially WoodedRolling6-9.999 Lot Dimensions irregular Outbuilding Shed Outbuilding Sq Ft 144 Parking Gravel Parking Spaces 6 Pool YN No Road Access County Road Surface Paved Roof Material Shingle Sea Wall Type None Style One Story Unit1 Garage Type Attached Water Features None Waterfront YN No

Interior Features

Above Grade Bedrooms 3 Above Grade Finished Sqft 1056 Above Grade Unfin Sq Ft 0 Amenities BasementCeiling FanOff Street ParkingStorageCountertops-LaminateDetector-SmokeEat-In KitchenGarage Door OpenerWater Heater Gas Basement Foundation Full BasementOutside Entrance Only Basement Material Block Basement YN Yes Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 1056 Cooling Central Air Dishwashers 0 Disposals 0 Dryers 0 Flooring CarpetLaminate Heating Fuel Propane Main Level Sq Ft 1056 Microwaves 0 Ranges Ovens 1 Refrigerators 1 Rooms Below Grade 0 Total Baths 1 Total Below Grade Sqft 1056 Total Sq Ft 2112 Unit1 Basement YN Yes Unit1 Bathrooms 1 Unit1 Bedrooms 3 Unit1 Sq Ft 1056 Unit2 Basement YN No Unit2 Bathrooms 1 Unit2 Bedrooms 0 Unit2 Sq Ft 280 Upper Level Sq Ft 0 Wash Dry Hookups 1 Washers 0

Property Features

Annual Electric Expense 480 Annual Fuel Expense 600 Annual Gross Rent 13500 Annual Insurance Expense 750 Annual Maint Expense 0 Annual Misc 0 Annual Net Income 9899.22 Annual Property Tax 1690.78 Annual Trash Expense 30 Annual Water Sewer Exp 50 Association Dues 0 Buildings 2 Cable Company Comcast Common Amenities None Cross Street Carowinds Documents Available Aerial PhotoLbp FormSellers Disclosure Efficiencies 1 Electric Company Duke Energy Indiana Electric Meters 1 Exemptions No Exemptions For Sale Or Rent For Sale Four Bedrooms 0 Gas Meters 0 Gross Monthly Income 1125 Gross Monthly Rent 1125 Inside City Limits No Lease Term 1 Year New Construction No One Bedrooms 0 Owner Pays MaintenanceTax Owner Real Estate License YN No Pet Restrictions YN No Planned Unit Dev YN No Property Sub Type Duplex Proposed Financing CashConventional Reo YN No Restrictions YN No Sale Includes BuildingLandLease Sewer Septic Tenant Pays ElectricFuelHeatingWater Three Bedrooms 1 Township Clear Creek Two Bedrooms 0 Unit1 Unit Rent 800 Unit2 Unit Rent 325 Units Rented 2 Water Company Southern Monroe Water Water Meters 1 Water Utility City Year Taxes Payable 2020/2021

Listing courtesy of Brandy Holdeman of Re/Max Realty Professionals.
© 2021 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Hill Team | Keller Williams Capital Realty.


© 2021 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Hill Team | Keller Williams Capital Realty. Data last updated: 2021-10-19T16:27:56.837.

 
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