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(SOLD) $362,500

7955 S Fairfax Road Bloomington, IN  47401

  • 17.29 Acres

Property Description for 7955 S Fairfax Road Bloomington, IN 47401

Wonderful opportunity to own this 17.29 acre parcel of space and tranquility in SE Bloomington near Lake Monroe! This wide open track of land could be the perfect location for your next home, or two;) Open road frontage at the front of the property and an abundance of trees in the back with a take line that leads to the lake. (See aerial pictures.) Just minutes to the Fairfax Marina, 15 minutes to downtown Bloomington, 20 minutes to Bedford and 1 hour to Indianapolis.

Address:7955 S Fairfax Road Bloomington IN 47401
Status:Sold
Sold On: 11/27/2024
Price:$399,900
Bathrooms:0
Lot Size:17.29
County: Monroe County
Township: Clear Creek
School System : Monroe County Community
MLS #:202437499
Property Type:Agricultural Land

Lot Dimensions:Irregular
Directions:South on Walnut St Pike to Fairfax, turn Left and follow to 7955.

Loan Price
$2,292
Price And Interest $1,891/month
Property Tax $250/month
MTG INS $0/month
HOME INS $151/month
Price
$362,500
Down Payment %
0 %
Down Payment
$0
Property Taxes
$250/month
Home Owner Insurance
$1,812 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Semi-Annual Property Tax:$1,500
Tax Year:2023 payable 2024
Mandatory HOA Fee:$

Subdivision: Southeast Monroe County
Zip Code:47401

High School:Bloomington South
Middle School:Jackson Creek
Elementary School:Lakeview

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

Listing provided courtesy of Lorraine Fowler with RE/MAX Acclaimed Properties

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

224
Avg. DOM
$206.08
Avg. $ / Sq.Ft.
$ 339,900
Med. List Price

The house prices in Bloomington are indeed dropping at the moment. There has been a decrease in price of $73,395.13. 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 Down. The average house price is $345,250.00 and the average price per square feet is $206.56 per square feet. At the moment, the amount of homes listed is exactly 1526 houses, with 560 with active status, 26 with pending status and 940 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 $3,442.72. 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 67 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 713 minutes ago.

At the moment we have 1 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 2142.17 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.