Build your dream home on this 4.19 acre parcel on the near northeast side of Bloomington. The property is partially wooded with gently rolling topography ideal for a walk-out lower level. Enjoy the abundant wildlife, Spring flowers, Fall colors from the oak, red bud and maple trees, and the natural spring at the back of the property during heavy rains. Close to IU, College Mall and the new IU Health hospital. Listing agent is related to the seller.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$564
Per Month
Principal & Interest
$497
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$365
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
University Elementary School
1111 N Russell Rd
Distance between this listing and this school1.50 miles
Public District Grades PK-6
8
/10
Marlin Elementary School
1655 E Bethel Ln
Distance between this listing and this school1.98 miles
Public District Grades KG-6
6
/10
Binford Elementary School
2300 E 2nd St
Distance between this listing and this school2.78 miles
Public District Grades 3-6
Nearby Schools
5
/10
Tri-North Middle School
1000 W 15th St
Distance between this listing and this school3.43 miles
Public District Grades 7-8
7
/10
The Bloomington Project School
349 S Walnut St
Distance between this listing and this school3.48 miles
Public Charter Grades KG-8
7
/10
Jackson Creek Middle School
3980 S Sare Rd
Distance between this listing and this school5.26 miles
Public District Grades 7-8
Nearby Schools
6
/10
Bloomington High School North
3901 N Kinser Pike
Distance between this listing and this school3.40 miles
Public District Grades 9-12
5
/10
The Academy of Science & Entrepreneurship
444 S Patterson Dr
Distance between this listing and this school4.25 miles
Public District Grades 9-12
7
/10
Bloomington High School South
1965 S Walnut St
Distance between this listing and this school4.41 miles
The neighbors living near this home have an average income of $87,500. Most Bloomington, IN residents have annual incomes between $35k-100k. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Living In Bloomington, IN
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
What type of housing is available in Bloomington, IN?
The housing landscape in Bloomington is diverse, with single-family homes being a significant component, complemented by a selection of apartments and townhouses. The architectural styles vary, with a mix of modern, traditional, and craftsman influences. A substantial portion of the housing stock was developed in the latter part of the 20th century, reflecting a period of growth and expansion.
Is Bloomington, IN a good place to live?
Bloomington is celebrated for its vibrant cultural scene and the presence of Indiana University, which infuses the city with a youthful energy. The community prides itself on a blend of academic, artistic, and musical events throughout the year, contributing to the city's dynamic and inclusive atmosphere.
Are things conveniently located in Bloomington, IN?
Residents of Bloomington benefit from a robust educational system, including a number of public and private schools that cater to various educational needs. The city is home to multiple healthcare facilities offering a range of services from primary care to specialized treatments. Retail and dining options are plentiful, showcasing local flavors and contributing to the city's charm. Efforts are continuously made to adapt services to the evolving needs of the population.
What does the transportation in Bloomington, IN look like?
Bloomington's transport infrastructure supports both private and public transit options, with a network of roads and highways facilitating travel in and around the city. Public transportation is available, with schedules designed to accommodate commuters and students. The city is also attentive to walkability and bikeability, particularly in areas with higher pedestrian traffic. Ride-sharing services are operational, providing additional mobility solutions for residents and visitors.
Frequently Asked Questions About 3280 N Russell Rd
What is the listing price of this property?
The listing price of 3280 N Russell Rd property is $99,500.
What type of property is this?
The property 3280 N Russell Rd is land located in Bloomington, Indiana, 47408.
Is this property for sale now?
Active Listing: 3280 N Russell Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $318 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 3280 N Russell Rd in Bloomington, IN and zip code 47408. It has been listed on Rocket Homes since August 27, 2024 and is currently priced at $99,500.
Bloomington, IN housing market in October 2024 saw over 13 listings sold above listed price, more than 21 sold at listed price and over 62 sold below. In October 2024 in Bloomington, IN there were 3.1% more homes for sale than in September 2024. Listings spent 30 days on the market in October 2024, and had a median list price of $294,750 during the same period.
From Rocket Homes Real Estate and based on county public records data.