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    Property profile & analytics

    State Rd 54th W Bloomfield, IN 47424

    • Office Properties & Spaces
    • 16,324 SF
    • 6.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US31-2852265
    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

    • Office Properties & Spaces

    Property Details for State Rd 54th W

    Year built
    1950
    Construction
    TYPE NOT SPECIFIED
    Lot size
    6.00 lot acres
    Property size
    16,324 SF
    Property type
    Office Properties & Spaces
    APN
    28-08-21-000-006.000-005
    APU
    280821000006000005

    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
    -86.9719
    Latitude
    39.0286
    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
    $14,478
    $69,100
    $768,600
    $837,700
    -
    $69,100
    $768,600
    $837,700

    Comparable in this City

    • Value Estimation by Request
      2,880 SF

      902 Seminary St

      OFFICE (GENERAL) • 2,880 SF
      902 Seminary St, Bloomfield, IN 47424-1631
      View Details
    • Value Estimation by Request
      2,400 SF

      State Rd 45

      OFFICE (GENERAL) • 2,400 SF
      State Rd 45, Bloomfield, IN 47424
      View Details
    • Value Estimation by Request
      3,486 SF

      Franklin St

      OFFICE (GENERAL) • 3,486 SF
      Franklin St, Bloomfield, IN 47424
      View Details
    • Value Estimation
      $355,000
      9,432 SF

      201 Franklin St

      OFFICE (GENERAL) • 9,432 SF
      201 Franklin St, Bloomfield, IN 47424-1408
      View Details
    • Value Estimation
      $210,000
      10,112 SF

      Main St

      OFFICE (GENERAL) • 10,112 SF
      Main St, Bloomfield, IN 47424
      View Details
    • Value Estimation by Request
      1,430 SF

      Judge St

      OFFICE (GENERAL) • 1,430 SF
      Judge St, Bloomfield, IN 47424
      View Details

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    State Rd 54th W
    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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