$799,900

4040 S Old State Road 37 Bloomington, IN 47401

Estimated payment $4,590/month

Total Views 6,101
2.56 Acres
$312,461 Price per Acre
111,514 Sq Ft Lot

About This Lot

Great potential for possible business use or multi-family housing. This lot is currently zoned RM-15, the neighboring parcel to the north was recently rezoned to General Business. Two parcels here, 4040 S Old SR 37 and 211 W Gordon Pike. This lot has high visibility, it's directly across from Southside Kroger's south entrance. This lot includes an easement to access the drive to the westused by the dental office and leather manufacturer to enter/exit onto Gordon Pike. Sewer available.

Listing Agent

Jill Smith

Quality Realty & Development Brokerage Phone: 812-360-6880 Listed on: 04/18/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,940

Lot Details

  • 2.56 Acre Lot
  • Lot Dimensions are 283x150
  • Property fronts a county road
  • Property fronts an easement
  • Finished Lot(s)
  • Subdivision Possible
  • The community has rules related to zoning restrictions

Schools

  • Clear Creek Elementary School
  • Batchelor Middle School
  • Bloomington South High School

Utilities

  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 53-08-21-200-061.000-008

Property Details

Property Type

Land

Est. Annual Taxes

$3,940

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Commercial Land
  • Legal Description: 014-30420-00 PT W1/2 NW 21-8-1W 1.00A; PLAT 167 014-25335-03 SOUTHCREST LOT 3
  • Parcel Number ID: 53-08-21-200-061.000-008
  • Platted: Yes
  • Road Access: County
  • Road Surface: Paved
  • Parcel Description: Irregular, Partially Wooded, Slope
  • Restrictions: Zoning Restrictions
  • Can Be Subdivided: Yes
  • Platted Development: Yes
  • Side Of Road: West
  • Structure Bldg Imprvmnts: Yes
  • Type Use: Commercial, Multi-Family
  • Year Taxes Payable: 2025
  • Special Features: None

Exterior Features

  • Road Frontage: County

Utilities

  • Water Utilities: City
  • Electricity Type: Available
  • Sewer Type: Available, Septic

Schools

  • School District: Monroe County Community School Corp.
  • Elementary School: Clear Creek
  • Middle School: Batchelor
  • High School: Bloomington South
  • Elementary School: Clear Creek

Lot Info

  • Lot Dimensions: 283x150
  • Estimated Lot Sq Ft: 111514
  • Estimated Lot Size Acres: 2.56
  • Easements: Yes

Tax Info

  • Annual Taxes: 3940.04

MLS Schools

  • High School: Bloomington South
  • Middle School: Batchelor
  • School District: Monroe County Community School Corp.

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,335 $227,200 $45,000 $182,200
2023 $1,728 $225,300 $45,000 $180,300
2022 $3,002 $207,200 $45,000 $162,200
2021 $2,696 $178,800 $35,000 $143,800
2020 $2,632 $165,600 $35,000 $130,600
2019 $2,257 $165,600 $35,000 $130,600
2018 $2,233 $162,200 $35,000 $127,200
2017 $2,138 $155,100 $35,000 $120,100
2016 $2,027 $149,600 $35,000 $114,600
2014 $1,994 $149,400 $35,000 $114,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2025 04/18/25 For Sale $799,900 -- --
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $180,000 Titleplus
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $144,000 Future Advance Clause Open End Mortgage
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202513414

Indiana Regional MLS

APN: 53-08-21-200-061.000-008