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    8779 S Lee Phillips Rd Bloomington, IN 47403

    For Sale
    $350,000

    Residential Land - Bloomington, IN

    Lot size:
    30.00 Acres
    Days on Market:
    11
    Last Refresh:
    Dec 6 at 1:06 am

    Property Features for 8779 S Lee Phillips Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    53-10-21-400-007.000-007
    Exterior features
    Fence, Pole Barn
    Fencing
    Fenced
    Lot size
    30.00 Acres

    Building Details

    Architectural style
    Other
    Additional Structures
    Barn(s)

    RE/MAX Acclaimed Properties (812) 332-3001 [email protected]

    Listing agent Alice Chastain (812) 332-3001 License #RB14038736

    Listing date Nov 26, 2025

    MLS# 202547230 Listing URL

    Copyright © 2025 Indiana Uplands Realtor® Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    30-Acre Estate Opportunity in Monroe

    This 30-acre estate in Monroe County features approximately 1,000 feet of road frontage along Lee Phillips Road. The property includes a mix of open pasture/tillable acreage and mature woods. Electric and water utilities are available along the road. The land offers potential for subdivision into at least two parcels. A 40' x 60' pole barn with a concrete floor and a 14' lean-to extension is present on the property, suitable for equipment storage, a workshop, or livestock. Most of the acreage is fenced and ready to support agricultural, recreational, or residential uses. The property is located in Bloomington, Indiana.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land

    Map

    City
    Bloomington
    County
    Monroe
    State
    Indiana
    Longitude
    -86.638384
    Latitude
    39.023399

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    FAQs

    What type of property is this?
    Agricultural land - 30-acre estate with pasture, woods, and development potential.
    Where is this agricultural land located?
    The property is located at 8779 S Lee Phillips Rd Bloomington, IN.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - 30-acre estate featuring a blend of open pasture and mature woods.; - Approximately 1,000 feet of road frontage on Lee Phillips Road.; - Potential for subdivision into at least two parcels.
    (812) 332-3001
    Request Owner's contact information
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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

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    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
    8779 S Lee Phillips Rd Bloomington, IN 47403
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