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1540 E Cherry Ln; Bloomington, IN Property Details

1540 E Cherry Ln, Bloomington, IN is a Single Family that was built in 1977. This property is currently Financed and is not for sale. Our records show that 1540 E Cherry Ln has 3 bedrooms, and 2.5 bathrooms, and a total of 1,706 square feet. The lot size of 1540 E Cherry Ln is 18,295 square feet.

Off market
1540 E Cherry Ln Bloomington, IN 47401
$247,000 Listing Price
3 Beds
2.5 Baths
1,706 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1977
  • Purchase Price: $293,300
  • Open Loans / Balance: 1 / $210,702
  • Est. Equity / %: $111,298 / 34.56%
  • Gross Yield: 6.566%
  • APN: 53-08-27-301-015.000-008
  • Situs County: Monroe
  • Length Of Ownership: 4 years, 9 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 7
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 1,706/SqFt
  • Lot: 18,295/SqFt
  • Garage: 480/SqFt
  • Living: 1,706/SqFt
  • Building: 1,706/SqFt
  • Ground: 1,706/SqFt
  • Price Per Square Foot: $171.92

Legal Description

  • Description: RED BUD HEIGHTS 2ND LOT 22
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: 39.09693 / -86.51571
  • Subdivision: Red Bud Heights Second Addition
  • Property Class: Residential
  • Zoning: SR
  • County Use Code: 1

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 9626
  • Bathroom Fixtures: 10
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Heat Pump
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

1540 E Cherry Ln has no associated ownership info
1540 E Cherry Ln has no associated ownership info.

Taxes

1540 E Cherry Ln has 10 associated Taxes items

1540 E Cherry Ln, 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 $244,500. The APN we've located for 1540 E Cherry Ln is 53-08-27-301-015.000-008.

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Taxes
  • Assessed Value:  $244,500
  • Assessed Year:  2025
  • Assessed County:  Monroe
  • APN:  53-08-27-301-015.000-008
  • Assessed Land Value:  55000
  • Market Land Value:  55000
  • Tax Amount:  1658.28
  • Tax Year:  2025
  • Market Value:  244500
  • Market Year:  2025

Tax History

1540 E Cherry Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $244,500 Land Value $55,000 Improvement Value $189,500 Tax Amount $1,658.28 Change Rate -0.023599% Assessed CR Tax Rate +0.006782%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $1,698.36 Change Rate +0.007427% Assessed CR Tax Rate
Year 2023 Assessed Value $231,700 Land Value $55,000 Improvement Value $176,700 Tax Amount $1,685.84 Change Rate +0.046131% Assessed CR Tax Rate +0.007276%
Year 2022 Assessed Value $225,900 Land Value $55,000 Improvement Value $170,900 Tax Amount $1,611.5 Change Rate +0.464414% Assessed CR Tax Rate +0.007134%
Year 2021 Assessed Value $160,600 Land Value $45,000 Improvement Value $115,600 Tax Amount $1,100.44 Change Rate +0.080515% Assessed CR Tax Rate +0.006852%
Year 2020 Assessed Value $142,400 Land Value $35,000 Improvement Value $107,400 Tax Amount $1,018.44 Change Rate +0.211045% Assessed CR Tax Rate +0.007152%
Year 2019 Assessed Value $140,800 Land Value $35,000 Improvement Value $105,800 Tax Amount $840.96 Change Rate +0.076057% Assessed CR Tax Rate +0.005973%
Year 2018 Assessed Value $132,700 Land Value $35,000 Improvement Value $97,700 Tax Amount $781.52 Change Rate +0.054968% Assessed CR Tax Rate +0.005889%
Year 2017 Assessed Value $131,900 Land Value $35,000 Improvement Value $96,900 Tax Amount $740.8 Change Rate +0.082187% Assessed CR Tax Rate +0.005616%
Year 2016 Assessed Value $130,200 Land Value $35,000 Improvement Value $95,200 Tax Amount $684.54 Change Rate Assessed CR Tax Rate +0.005258%
Year 2014 Assessed Value $124,200 Land Value $35,000 Improvement Value $89,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $662.34 Change Rate Assessed CR Tax Rate