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    5537 N Korbyn Ct Ellettsville, IN 47429

    Picture of Residential land & home lots at N Korbyn Ct 5537, Ellettsville, IN
    For Sale
    $49,000

    Residential Land - Ellettsville, IN

    Lot size:
    0.42 Acres
    Days on Market:
    53
    Last Refresh:
    Dec 6 at 10:06 pm

    Property Features for 5537 N Korbyn Ct

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    53-04-11-300-097.103-013
    Lot size
    0.42 Acres

    Building Details

    Architectural style
    Other

    Keach and Grove Real Estate (812) 583-0228 [email protected]

    Listing agent Gary Hunsucker (812) 583-0228

    Listing date Oct 15, 2025

    MLS# 202526508 Listing URL

    Copyright © 2025 Bedford Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Land in Meadowland Community

    This residential land offers a build-ready single-family lot suitable for constructing a custom home within the Meadowland community. The property, partially wooded with mature trees, provides a balance of greenery and open space. Located in Ellettsville, Indiana, it allows for quick access to Bloomington via State Road 46. The location is minutes from shopping, dining, the Indiana University campus, hospital, parks, and major travel corridors. The lot size is 0.42 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Wholesale Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ellettsville
    County
    Monroe
    State
    Indiana
    Longitude
    -86.60493
    Latitude
    39.230701

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    FAQs

    What type of property is this?
    Residential land & home lot - Build-ready lot near Bloomington, ideal for a custom home.
    Where is this residential land & home lot located?
    The property is located at 5537 N Korbyn Ct Ellettsville, IN.
    What is the asking price?
    The asking price for this property is $49,000.
    What are key features of this property?
    This property features: - Build-ready single-family lot in the desirable Meadowland community.; - Quick access to Bloomington via State Road 46.; - Minutes from shopping, dining, IU campus, hospital, parks, and major travel corridors.
    (812) 583-0228
    Request Owner's contact information
    5537 N Korbyn Ct Ellettsville, IN 47429
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5537 N Korbyn Ct Ellettsville, IN 47429
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