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500 W Simpson Chapel Rd; Bloomington, IN Property Details

500 W Simpson Chapel Rd, Bloomington, IN is a Commercial Office that was built in 1968. This property is currently a cash purchase and is not for sale. Our records show that 500 W Simpson Chapel Rd has a total of 17,216 square feet. The lot size of 500 W Simpson Chapel Rd is 1,391,742 square feet.

Off market
500 W Simpson Chapel Rd Bloomington, IN 47404
$880,400 Estimated Value
17,216 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1968
  • APN: 53-02-21-400-017.000-017
  • Situs County: Monroe
  • Length Of Ownership: 17 years, 6 months

Structure

  • Building Style: Other
  • Stories: 1
  • Building Condition: Average
  • Building Quality: D+
  • Sewer Type: Yes
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 17,216/SqFt
  • Lot: 1,391,742/SqFt
  • Gross: 17,216/SqFt
  • Building: 17,216/SqFt
  • Ground: 17,216/SqFt

Legal Description

  • Description: 011-09820-00 SERVICE FACILITY LEE PAUL ROAD AMENDMENT 1 TRACT 3A
Building Insights

Land Information

  • Property Type: Commercial Office
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Monroe County Community School Corporation
  • Lat / Lon: 39.281967 / -86.52488
  • Property Class: Office
  • Zoning: PB
  • County Use Code: GENOFF

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 9426

Ownership Info

500 W Simpson Chapel Rd has no associated ownership info
500 W Simpson Chapel Rd has no associated ownership info.

Taxes

500 W Simpson Chapel Rd has 10 associated Taxes items

500 W Simpson Chapel Rd, Bloomington, IN pays taxes in Monroe County, IN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $880,400. The APN we've located for 500 W Simpson Chapel Rd is 53-02-21-400-017.000-017.

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Taxes
  • Assessed Value:  $880,400
  • Assessed Year:  2025
  • Assessed County:  Monroe
  • APN:  53-02-21-400-017.000-017
  • Assessed Land Value:  505900
  • Market Land Value:  505900
  • Tax Amount:  14340.52
  • Tax Year:  2025
  • Market Value:  880400
  • Market Year:  2025

Tax History

500 W Simpson Chapel Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $880,400 Land Value $505,900 Improvement Value $374,500 Tax Amount $14,340.52 Change Rate +0.118811% Assessed CR Tax Rate +0.016289%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $12,817.64 Change Rate +0.93754% Assessed CR Tax Rate
Year 2023 Assessed Value $815,300 Land Value $505,900 Improvement Value $309,400 Tax Amount $6,615.42 Change Rate -0.448976% Assessed CR Tax Rate +0.008114%
Year 2022 Assessed Value $825,700 Land Value $505,900 Improvement Value $319,800 Tax Amount $12,005.68 Change Rate -0.05844% Assessed CR Tax Rate +0.01454%
Year 2021 Assessed Value $796,800 Land Value $505,900 Improvement Value $290,900 Tax Amount $12,750.84 Change Rate -0.012234% Assessed CR Tax Rate +0.016003%
Year 2020 Assessed Value $798,900 Land Value $505,900 Improvement Value $293,000 Tax Amount $12,908.76 Change Rate +0.038166% Assessed CR Tax Rate +0.016158%
Year 2019 Assessed Value $1,198,000 Land Value $905,000 Improvement Value $293,000 Tax Amount $12,434.2 Change Rate -0.343033% Assessed CR Tax Rate +0.010379%
Year 2018 Assessed Value $1,198,000 Land Value $905,000 Improvement Value $293,000 Tax Amount $18,926.66 Change Rate +1.093889% Assessed CR Tax Rate +0.015799%
Year 2017 Assessed Value $583,500 Land Value $292,600 Improvement Value $290,900 Tax Amount $9,039 Change Rate +0.215292% Assessed CR Tax Rate +0.015491%
Year 2016 Assessed Value $623,300 Land Value $319,700 Improvement Value $303,600 Tax Amount $7,437.72 Change Rate Assessed CR Tax Rate +0.011933%
Year 2014 Assessed Value $610,400 Land Value $310,900 Improvement Value $299,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $7,468.18 Change Rate Assessed CR Tax Rate