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    Property profile & analytics

    State Rd 54 Bloomfield, IN 47424

    • Grocery and convenience stores
    • 1,800 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    $350,000
    Last Sale
    Nov 16, 2023
    Location Intelligence
    Property ID
    US31-1950549
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for State Rd 54

    Year built
    1988
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.16 lot acres
    Property size
    1,800 SF
    Property type
    Grocery and convenience stores
    APN
    28-08-22-444-017.000-025
    APU
    280822444017000025

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bloomfield
    County
    Greene
    State
    Indiana
    Longitude
    -86.9459
    Latitude
    39.0267
    CBSA code
    14020
    CBSA name
    BLOOMINGTON, IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,831
    $9,100
    $98,300
    $107,400
    -
    $9,100
    $98,300
    $107,400

    Comparable in this City

    • Value Estimation
      $385,000
      2,058 SF

      550 Washington St

      CONVENIENCE STORE • 2,058 SF
      550 Washington St, Bloomfield, IN 47424-1554
      View Details
    • Value Estimation
      $330,000
      3,388 SF

      Main St

      CONVENIENCE STORE • 3,388 SF
      Main St, Bloomfield, IN 47424
      View Details
    • Value Estimation by Request
      2,064 SF

      12065 State Rd 445

      CONVENIENCE STORE • 2,064 SF
      12065 State Rd 445, Bloomfield, IN 47424-6079
      View Details
    • Value Estimation
      $500,000
      3,840 SF

      State Rd 58

      CONVENIENCE STORE • 3,840 SF
      State Rd 58, Bloomfield, IN 47424
      View Details
    • Value Estimation by Request
      299 SF

      1498 Old Worthington Rd

      RETAIL STORES (PERSONAL SERVICES) • 299 SF
      1498 Old Worthington Rd, Bloomfield, IN 47424-6506
      View Details
    • Value Estimation by Request
      576 SF

      1568 State Rd 54

      RETAIL STORES (PERSONAL SERVICES) • 576 SF
      1568 State Rd 54, Bloomfield, IN 47424-5192
      View Details

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    State Rd 54
    Bloomfield, IN 47424
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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
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