769 S Deer Trce

By Owner
Inactive
BLOOMINGTON, IN, 47401
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Property Description

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6 Bedrooms

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3.0 Baths

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3,003 SQ FT

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7.00 Acres

$414,750

$125k Price reduction vs cost to buy land & build is $550k. As a RESIDENCE OR OPTIMAL RENTAL INVESTMET WITH $4000/Month OF RENTAL income guaranteed by seller. Land contract with a 3 year balloon. As a resident you can rent out 2 studios for over $1750 per month that covers 80% if mortgage! Nature Lovers, Adventurous Souls, Artists & Musicians & Peace Seekers will THRIVE IN NATURE! House of high quality built to last 100+ years! Close to Town yet feels like living at a Remote Vacation Home! Only 7 minutes to College Mall & Lake Monroe & 15 minutes to Nashville & Downtown B-town. Demand up + Limited Land & Density= values will increase rapidly. Buyer can rent out main studio for $1000+ and cover 30%+ of mortgage payment! Cost New & Comp Value over $525k List Price: $467.750 = lesd than todays cist per sq. Ft. 3 % Buyer Agent Commission MAIN FEATURES: 5 bedrooms counting attached studio * Only 7 minutes to mall. Only 15 minutes to downtown * Asian, Native American and Christian designed with superior architecture. * Beautiful Large Studio – easy access for elderly * View of Woods with extra large windows: like living in a TREE HOUSE! NEIGHBORHOOD: Secluded, Quiet, & Safe. Childs, Binford N.H.S LANDSCAPE PROFESSIONALLY DESIGNED & LOW MAINTENANCE SUPERIOR ARCHITECTURE: Structurally, Ecologically, Environmentally & Culturally • Poured concrete wall+ 3 layers water proofing- NO WATER ever! • 2”x 6” framing- extra strong, insulated/very energy efficient & quiet • Setting; protection cold northern winds, shaded vs. heat, but sun areas as well • Double insulated windows • Solid wood doors so rooms quiet & Secure • Septic- LAKE MICHIGAN MOUND SYSTEM – superior vs. most local UNIQUE FEATURES & AMENITIES: >3 Large Decks >Hot Tub > 3 bonfire pits & Camp Sites > Yoga area > Koi Pond > Hiking & Nature & Preserves 1000’s of Acres & Canoe to Lake Monroe > Year round Bamboo, Ground Cover & Evergreens, >Wood Burning Stove > Maintenance Shop & Firewood Shed, > Satellite Internet & TV OPTIMAL RELAXATION/ENTERTAINMENT: Hot Tub & 3 hammocks, > band stage seating for 50+ friends, > Pet & Kid Safe: ½ acre fenced in, >Geode Creek > Mushrooms, Ideal for Bird Sanctuary with many Hiking Trails


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