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    8820 N Old State 37 Rd Bloomington, IN 47408

    For Sale
    $325,000

    Agricultural Land - Bloomington, IN

    Lot size:
    4.94 Acres
    Days on Market:
    40
    Last Refresh:
    Dec 5 at 10:06 pm

    Property Features for 8820 N Old State 37 Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    53-02-14-100-007.000-017
    Exterior features
    Barn, Pole Barn, None
    Lot size
    4.94 Acres

    Building Details

    Architectural style
    Other
    Additional Structures
    Barn(s)

    FC Tucker/Bloomington REALTORS (812) 336-7300 [email protected]

    Listing agent Chris Cockerham (812) 336-7300 License #RB14027897

    Listing date Oct 27, 2025

    MLS# 202543578 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

    Bloomington Agricultural Land For Sale

    Located along Old State Road 37, this property, known as Musgrave Orchard, offers a blend of historical significance, high visibility, and practical functionality. The 4.94-acre site includes three buildings that can be adapted for retail, storage, or production purposes. The property's zoning and established presence present an appealing opportunity for investors, entrepreneurs, or those seeking a scenic business location in Bloomington's countryside. The property is suited for agritourism, farm-to-table businesses, event hosting, or small business operations due to its acreage and adaptable infrastructure. It is located in Bloomington, Monroe County, Indiana.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Bloomington
    County
    Monroe
    State
    Indiana
    Longitude
    -86.48628
    Latitude
    39.305839

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    FAQs

    What type of property is this?
    Farm - Versatile agricultural land suitable for various business ventures.
    Where is this farm located?
    The property is located at 8820 N Old State 37 Rd Bloomington, IN.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: - Versatile zoning suitable for agritourism, retail, storage, or production.; - High visibility location on Old State Road 37.; - Generous acreage in Bloomington’s scenic countryside.
    (812) 336-7300
    Request Owner's contact information
    8820 N Old State 37 Rd Bloomington, IN 47408
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    Bloomington, IN 47408
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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
    8820 N Old State 37 Rd Bloomington, IN 47408
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