Large Location Icon

1506 E Richland Dr; Bloomington, IN Property Details

1506 E Richland Dr, Bloomington, IN is a Single Family that was built in 1962. This property is currently Financed and is not for sale. Our records show that 1506 E Richland Dr has 4 bedrooms, and 2 bathrooms, and a total of 2,452 square feet. The lot size of 1506 E Richland Dr is 13,939 square feet.

Off market
1506 E Richland Dr Bloomington, IN 47408
$275,700 Estimated Value
4 Beds
2 Baths
2,452 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1962
  • Purchase Price: $150,000
  • Open Loans / Balance: 1 / $170,752
  • Est. Equity / %: $211,248 / 55.3%
  • Gross Yield: 6.861%
  • APN: 53-05-15-201-004.000-004
  • Situs County: Monroe
  • Length Of Ownership: 17 years, 3 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 12

Structure

  • Building Style: Masonry
  • Stories: 2
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Sewer Type: None
  • Water Source: Yes

Measurements

  • Total: 2,452/SqFt
  • Lot: 13,939/SqFt
  • Garage: 540/SqFt
  • Living: 2,452/SqFt
  • Building: 2,452/SqFt
  • Ground: 2,452/SqFt
  • Price Per Square Foot: $61.17

Legal Description

  • Description: FAIRWOOD TERRACE LOT 65
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Monroe County Community School Corporation
  • Lat / Lon: 39.21909 / -86.51071
  • Subdivision: Fairwood Terrace Add
  • Property Class: Residential
  • Zoning: RS35
  • County Use Code: 1

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 9755
  • Bathroom Fixtures: 8
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

1506 E Richland Dr has no associated ownership info
1506 E Richland Dr has no associated ownership info.

Taxes

1506 E Richland Dr has 10 associated Taxes items

1506 E Richland Dr, Bloomington, IN pays taxes in Monroe County, IN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $275,700. The APN we've located for 1506 E Richland Dr is 53-05-15-201-004.000-004.

Unlock the full report
Taxes
  • Assessed Value:  $275,700
  • Assessed Year:  2025
  • Assessed County:  Monroe
  • APN:  53-05-15-201-004.000-004
  • Assessed Land Value:  42200
  • Market Land Value:  42200
  • Tax Amount:  4182.24
  • Tax Year:  2025
  • Market Value:  275700
  • Market Year:  2025

Tax History

1506 E Richland Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $275,700 Land Value $42,200 Improvement Value $233,500 Tax Amount $4,182.24 Change Rate +1.027281% Assessed CR Tax Rate +0.01517%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $2,062.98 Change Rate +1.11566% Assessed CR Tax Rate
Year 2023 Assessed Value $261,100 Land Value $40,500 Improvement Value $220,600 Tax Amount $975.1 Change Rate -0.625888% Assessed CR Tax Rate +0.003735%
Year 2022 Assessed Value $238,400 Land Value $40,500 Improvement Value $197,900 Tax Amount $2,606.44 Change Rate +0.562914% Assessed CR Tax Rate +0.010933%
Year 2021 Assessed Value $221,500 Land Value $40,500 Improvement Value $181,000 Tax Amount $1,667.68 Change Rate -0.066175% Assessed CR Tax Rate +0.007529%
Year 2020 Assessed Value $226,700 Land Value $37,700 Improvement Value $189,000 Tax Amount $1,785.86 Change Rate +0.336002% Assessed CR Tax Rate +0.007878%
Year 2019 Assessed Value $186,900 Land Value $15,600 Improvement Value $171,300 Tax Amount $1,336.72 Change Rate +0.01302% Assessed CR Tax Rate +0.007152%
Year 2018 Assessed Value $180,000 Land Value $15,600 Improvement Value $164,400 Tax Amount $1,319.54 Change Rate +0.186082% Assessed CR Tax Rate +0.007331%
Year 2017 Assessed Value $161,800 Land Value $15,600 Improvement Value $146,200 Tax Amount $1,112.52 Change Rate -0.049664% Assessed CR Tax Rate +0.006876%
Year 2016 Assessed Value $172,700 Land Value $15,600 Improvement Value $157,100 Tax Amount $1,170.66 Change Rate Assessed CR Tax Rate +0.006779%
Year 2014 Assessed Value $169,300 Land Value $15,600 Improvement Value $153,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $1,094.76 Change Rate Assessed CR Tax Rate