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5510 W State Road 48, Bloomington, IN, 47404

$575,000

Land
Schools Nearby

Location

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Property Highlights

Home TypeBusiness
MLS #202409792
Lot Size7.75 Acres
StatusActive

About 5510 W State Road 48

Two parcels of land, totaling 7.75 acres. One is currently zoned RE1 and one is zoned LI. Under the County Development Ordinance, it is currently being proposed to zone both parcels entirely as AG2.5. Re-zoning could be requested and would have to be approved by the County Commissioners. Seller has started the rezoning process.

Property Details

Property Features

Listing Office:

  • Office Name: Deb Tomaro Real Estate
  • Office Email: deb.tomaro@homefinder.org
  • Listing Agent: Deborah Tomaro

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  • Virtual Tour: 5510 W State Road 48

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Lot Features

Lot Information:

  • Lot Size: 7.75 Acres

School Info

Assigned Schools Information:

  • Edgewood High School, Public District Grades 9-12
  • Edgewood Junior High School, Public District Grades 6-8
  • Edgewood Intermediate School, Public District Grades 3-5
  • Stinesville Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: W 3rd past Ivy Tech

Price Information

Listing Price Info

Price Summary:

  • List Price: $575,000

Tax Information:

  • Annual Amount: $1,567
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Bloomington, IN.

Med. Sold Price

$320K

Med. Price/SqFt

$188

Avg. Days On Market

28

# of Sold Homes

51

5510 W State Road 48 vs Bloomington

33 DAYS ON ROCKET

+5 Days

$575,000

+$255K More

KEY TAKEAWAY

This property is $255K more than the Median Sold Price in Bloomington, IN.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Number: #202409792

Listing Office:

  • Office Name: Deb Tomaro Real Estate
  • Office Email: deb.tomaro@homefinder.org
  • Listing Agent: Deborah Tomaro

IDX The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 2:25:16 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,567$89,600
2019$1,860$89,600
2017$2,096$105,900

History based on county public records data.

Payment Calculator

$2,937

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,790

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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.

Elementary School

school-card-donut-1844109
6
/10
  • Edgewood Intermediate School

  • 7600 W Reeves Rd

  • 4.87 miles

  • Public District Grades 3-5

school-card-donut-1844110
10
/10
  • Stinesville Elementary School

  • 7973 W Main St

  • 9.52 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1844111
9
/10
  • Edgewood Junior High School

  • 851 W Edgewood Dr

  • 4.83 miles

  • Public District Grades 6-8

High School

school-card-donut-1844112
7
/10
  • Edgewood High School

  • 601 S Edgewood Dr

  • 5.01 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,455. The most common annual income of people living in Bloomington, IN is between $35k-100k. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5510 W State Road 48

What is the listing price of this property?

The listing price of 5510 W State Road 48 property is $575,000.

What type of property is this?

The property 5510 W State Road 48 is land located in Bloomington, Indiana, 47404.

Is this property for sale now?

Active Listing: 5510 W State Road 48 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5510 W State Road 48 are:
Edgewood Intermediate School: GreatSchools Rating 6/10
Stinesville Elementary School: GreatSchools Rating 10/10
Edgewood Junior High School: GreatSchools Rating 9/10
Edgewood High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,567 (source: MLS/based on county public records data).
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Rocket HomesIndianaMonroe CountyBloomington474045510 W State Road 48

This home is located at 5510 W State Road 48 in Bloomington, IN and zip code 47404. It has been listed on Rocket Homes since March 25, 2024 and is currently priced at $575,000.

Bloomington, IN housing market in March 2024 saw over 14 listings sold above listed price, more than 13 sold at listed price and over 24 sold below. In March 2024 in Bloomington, IN there were 103.7% more homes for sale than in February 2024. In March 2024 median list price was $320,000 and the average listing age was 28 days.

From Rocket Homes Real Estate and based on county public records data.

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