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6520 W Betula Drive
Ellettsville, IN 47429
$999,900
Conventional
Property
Bedroom
4
Bathroom
5
Property Type
Conventional
Square ft
5648
Property Description
Experience the epitome of modern farmhouse living in this remarkable 4-5 bedroom, 5-bathroom home nestled on 2.5 acres within a tranquil country setting. Just a short 20-minute drive from downtown Bloomington, Indiana University, Cook Medical, and I-69, this residence combines convenience with rural charm. A grand front porch, ideal for rocking chairs, guides you to the stunning entrance featuring double doors that open into an elegant foyer. To the right, discover a sophisticated home office before stepping into the ultimate entertainment space. The expansive chef's kitchen boasts custom-built Amish cabinets, a generous center island with natural stone countertops, an attached dining table, and top-of-the-line appliances, including a gas stove and range. A beverage station, floor-to-ceiling storage, and a separate pantry line one wall, while a stainless steel farmhouse sink offers picturesque views of the backyard and the Sycamore Land Trust protected woods and fields. The master bedroom provides a spacious retreat with room for furniture and a sitting area. The envy-inducing master bathroom features dual vanities, a spa-like walk-in shower, and a walk-in closet. Efficiency meets flexibility with laundry facilities on both levels. The main level, designed with a split floor-plan, houses three bedrooms and 2.5 baths, while the fully finished walkout basement offers another bedroom and 1.5 bathrooms. A 450 sqft. covered deck provides an ideal spot for entertaining or relaxation, overlooking the lush trees and golden fields. The fenced backyard ensures a secure space for children or pets. Hardy Board siding covers the exterior of the house. The basement's main entertaining space features a wood stove insert that is designed to add warmth to the whole house while reducing heating bills. Revel in limitless possibilities with an additional bedroom, three separate rooms for a game room, home gym, media room, craft room, pl
Property Information
Lot Size
2 acre(s) square ft
Property Type
Residential
Year Built
2021
MLS Number
21975380
Location
Address
6520 W Betula Drive
City
Ellettsville
State
IN
Zip Code
47429
County
MONROE (County)
Listing
Provider
Keller Williams Indy South, original listing
Name
Keller Williams Indy South
Phone
(317) 882-5900
Office Name
Keller Williams Indy Metro S
Office Phone
(317) 882-5900
Agent Name
Scott Smith

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Free Foreclosure Listings

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.