$325,000

8820 N Old State 37 Rd Bloomington, IN 47408

Estimated payment $1,818/month

Total Views 228
4.94 Acres
$65,789 Price per Acre
215,186 Sq Ft Lot

Highlights

  • Popular Property
  • Waterfront
  • Lake, Pond or Stream
  • Marlin Elementary School Rated A
  • Fruit Trees
  • Pole Barn

About This Lot

Nestled along Old State Road 37, Musgrave Orchard combines history, visibility, and functionality. The property features three buildings that could serve as retail space, storage, or production facilities. Its established presence and versatile zoning make it an attractive opportunity for investors, entrepreneurs, or anyone seeking a picturesque business location in Bloomington’s scenic countryside. With its generous acreage and adaptable infrastructure, this property is perfectly suited for agritourism, farm-to-table ventures, event hosting, or small business operations.

Listing Agent

Chris Cockerham

FC Tucker/Bloomington REALTORS Brokerage Email: chris@cockerham.us Listed on: 10/27/2025

FC Tucker/Bloomington REALTORS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,361

Lot Details

  • 4.94 Acre Lot
  • Waterfront
  • Property fronts a state road
  • Rural Setting
  • Fruit Trees
  • Finished Lot(s)
  • Subdivision Possible

Parking

  • Driveway

Outdoor Features

  • Lake, Pond or Stream
  • Pole Barn

Schools

  • Marlin Elementary School
  • Tri-North Middle School
  • Bloomington North High School

Farming

  • Agricultural

Listing and Financial Details

  • Assessor Parcel Number 53-02-14-100-007.000-017

Property Details

Property Type

Land

Est. Annual Taxes

$1,361

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Agricultural Land
  • Waterfront: Yes
  • Legal Description: 011-05580-00 PT E1/2 NE 14-10-1W 4.94A PLAT 11
  • Parcel Number ID: 53-02-14-100-007.000-017
  • Platted: Yes
  • Location: Rural
  • Road Access: State
  • Road Surface: Asphalt
  • Parcel Description: Slope
  • Can Be Subdivided: Yes
  • Miscellaneous: Fruit Trees
  • Side Of Road: East
  • Structure Bldg Imprvmnts: Yes
  • Type Use: Agriculture
  • Special Features: None

Exterior Features

  • Road Frontage: State

Utilities

  • Water Utilities: City
  • Water Type: Pond
  • Electricity Type: Available
  • Sewer Type: City

Schools

  • Elementary School: Marlin

Lot Info

  • Lot Dimensions: 4.94
  • Estimated Lot Sq Ft: 215186
  • Estimated Lot Size Acres: 4.94
  • Land Features: Barn, Pole Barn

Tax Info

  • Annual Taxes: 1360.6

MLS Schools

  • High School: Bloomington North
  • Middle School: Tri-North
  • School District: Monroe County Community School Corp.

Map

Range of Values:

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Average Value
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List Price
Sold Price
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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 $4,906 $95,100 $43,000 $52,100
2023 $4,661 $94,100 $42,500 $51,600
2022 $1,384 $95,200 $42,000 $53,200
2021 $1,322 $68,100 $21,700 $46,400
2020 $1,332 $68,100 $21,700 $46,400
2019 $1,084 $62,500 $22,100 $40,400
2018 $1,111 $62,500 $22,100 $40,400
2017 $1,107 $61,900 $22,500 $39,400
2016 $1,271 $62,000 $22,600 $39,400
2014 $688 $56,100 $27,100 $29,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2025 10/27/25 For Sale $325,000 -- --
Source: Indiana Regional MLS

Source: Indiana Regional MLS

MLS Number: 202543578

Indiana Regional MLS

APN: 53-02-14-100-007.000-017