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1516 E Fairwood Dr; Bloomington, IN Property Details

1516 E Fairwood Dr, Bloomington, IN is a Townhouse that was built in 1960. This property is currently Financed and is not for sale. Our records show that 1516 E Fairwood Dr has 4 bedrooms, and 1 bathroom, and a total of 754 square feet. The lot size of 1516 E Fairwood Dr is 31,799 square feet.

For Rent
1516 E Fairwood Dr Bloomington, IN 47408
$850 Listing Price
4 Beds
1 Baths
754 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1960
  • Purchase Price: $98,400
  • Open Loans / Balance: 1 / $52,795
  • Est. Equity / %: $235,205 / 81.67%
  • Gross Yield: 8.571%
  • APN: 53-05-15-201-071.000-004
  • Situs County: Monroe
  • Length Of Ownership: 14 years, 4 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

  • Building Style: Brick
  • Stories: 1
  • Building Condition: Average
  • Building Quality: C-
  • Roof Cover Type: Asphalt
  • Sewer Type: None
  • Water Source: Yes

Measurements

  • Total: 754/SqFt
  • Lot: 31,799/SqFt
  • Living: 754/SqFt
  • Building: 754/SqFt
  • Ground: 754/SqFt
  • Price Per Square Foot: $130.50

Legal Description

  • Description: FAIRWOOD TERRACE LOT 50
Building Insights

Land Information

  • Property Type: Townhouse
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Monroe County Community School Corporation
  • Lat / Lon: 39.21973 / -86.51153
  • Subdivision: Fairwood Terrace Addition
  • Property Class: Residential
  • Zoning: RS35
  • County Use Code: 6

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 9713
  • Bathroom Fixtures: 5
  • Heating: Central

Ownership Info

1516 E Fairwood Dr has no associated ownership info
1516 E Fairwood Dr has no associated ownership info.

Taxes

1516 E Fairwood Dr has 10 associated Taxes items

1516 E Fairwood 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 $222,400. The APN we've located for 1516 E Fairwood Dr is 53-05-15-201-071.000-004.

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Taxes
  • Assessed Value:  $222,400
  • Assessed Year:  2025
  • Assessed County:  Monroe
  • APN:  53-05-15-201-071.000-004
  • Assessed Land Value:  68000
  • Market Land Value:  68000
  • Tax Amount:  3243.8
  • Tax Year:  2025
  • Market Value:  222400
  • Market Year:  2025

Tax History

1516 E Fairwood Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $222,400 Land Value $68,000 Improvement Value $154,400 Tax Amount $3,243.8 Change Rate -0.012398% Assessed CR Tax Rate +0.014585%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $3,284.52 Change Rate +1.006108% Assessed CR Tax Rate
Year 2023 Assessed Value $212,500 Land Value $65,400 Improvement Value $147,100 Tax Amount $1,637.26 Change Rate -0.429252% Assessed CR Tax Rate +0.007705%
Year 2022 Assessed Value $197,400 Land Value $65,400 Improvement Value $132,000 Tax Amount $2,868.62 Change Rate +0.012995% Assessed CR Tax Rate +0.014532%
Year 2021 Assessed Value $187,500 Land Value $65,400 Improvement Value $122,100 Tax Amount $2,831.82 Change Rate -0.051926% Assessed CR Tax Rate +0.015103%
Year 2020 Assessed Value $189,000 Land Value $60,700 Improvement Value $128,300 Tax Amount $2,986.92 Change Rate +0.372994% Assessed CR Tax Rate +0.015804%
Year 2019 Assessed Value $141,500 Land Value $25,200 Improvement Value $116,300 Tax Amount $2,175.48 Change Rate -0.007654% Assessed CR Tax Rate +0.015374%
Year 2018 Assessed Value $137,500 Land Value $25,200 Improvement Value $112,300 Tax Amount $2,192.26 Change Rate +0.116768% Assessed CR Tax Rate +0.015944%
Year 2017 Assessed Value $124,400 Land Value $25,200 Improvement Value $99,200 Tax Amount $1,963.04 Change Rate +0.837467% Assessed CR Tax Rate +0.01578%
Year 2016 Assessed Value $126,000 Land Value $25,200 Improvement Value $100,800 Tax Amount $1,068.34 Change Rate Assessed CR Tax Rate +0.008479%
Year 2014 Assessed Value $128,500 Land Value $25,200 Improvement Value $103,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $1,002.94 Change Rate Assessed CR Tax Rate