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7988 N Payne Rd; Bloomington, IN Property Details

7988 N Payne Rd, Bloomington, IN is a Rural Residence that was built in 1930. This property is currently a cash purchase and is not for sale. Our records show that 7988 N Payne Rd has 2 bedrooms, and 1 bathroom, and a total of 1,256 square feet. The lot size of 7988 N Payne Rd is 1,481,040 square feet.

Off market
7943 N Old State Road 37 Bloomington, IN 47408
$785,000 Listing Price
2 Beds
1 Baths
1,256 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1930
  • Purchase Price: $695,000
  • Est. Equity / %: $338,000 / 100%
  • APN: 53-01-10-812-000.000-017
  • Situs County: Monroe
  • Length Of Ownership: 3 years, 6 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 3

Structure

  • Building Style: Wood
  • Stories: 1
  • Building Condition: Average
  • Building Quality: D+
  • Roof Cover Type: Asphalt
  • Sewer Type: None
  • Water Source: Yes

Measurements

  • Total: 1,256/SqFt
  • Lot: 1,481,040/SqFt
  • Living: 1,256/SqFt
  • Building: 1,256/SqFt
  • Ground: 1,256/SqFt
  • Price Per Square Foot: $553.34

Legal Description

  • Description: 011-08120-00 PT NE NE 27-10-1W 34.00A PLAT 6
Building Insights

Land Information

  • Property Type: Rural Residence
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Monroe County Community School Corporation
  • Lat / Lon: 39.27695 / -86.50284
  • Property Class: Residential
  • Zoning: AGRR
  • County Use Code: 1

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 9242
  • Bathroom Fixtures: 5
  • Fireplaces: 1
  • Heating: Central

Ownership Info

7943 N Old State Road 37 has no associated ownership info
7943 N Old State Road 37 has no associated ownership info.

Taxes

7943 N Old State Road 37 has 10 associated Taxes items

7988 N Payne 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 $191,500. The APN we've located for 7988 N Payne Rd is 53-01-10-812-000.000-017.

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Taxes
  • Assessed Value:  $191,500
  • Assessed Year:  2025
  • Assessed County:  Monroe
  • APN:  53-01-10-812-000.000-017
  • Assessed Land Value:  77400
  • Market Land Value:  77400
  • Tax Amount:  4363
  • Tax Year:  2025
  • Market Value:  191500
  • Market Year:  2025

Tax History

7943 N Old State Road 37 has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $191,500 Land Value $77,400 Improvement Value $114,100 Tax Amount $4,363 Change Rate +0.537112% Assessed CR Tax Rate +0.022783%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $2,838.44 Change Rate +0.055842% Assessed CR Tax Rate
Year 2023 Assessed Value $174,600 Land Value $74,700 Improvement Value $99,900 Tax Amount $2,688.32 Change Rate +0.087596% Assessed CR Tax Rate +0.015397%
Year 2022 Assessed Value $170,000 Land Value $63,200 Improvement Value $106,800 Tax Amount $2,471.8 Change Rate +0.12375% Assessed CR Tax Rate +0.01454%
Year 2021 Assessed Value $144,400 Land Value $55,600 Improvement Value $88,800 Tax Amount $2,199.6 Change Rate +0.198039% Assessed CR Tax Rate +0.015233%
Year 2020 Assessed Value $118,400 Land Value $50,500 Improvement Value $67,900 Tax Amount $1,836 Change Rate +0.109795% Assessed CR Tax Rate +0.015507%
Year 2019 Assessed Value $108,200 Land Value $53,900 Improvement Value $54,300 Tax Amount $1,654.36 Change Rate -0.029371% Assessed CR Tax Rate +0.01529%
Year 2018 Assessed Value $108,400 Land Value $54,500 Improvement Value $53,900 Tax Amount $1,704.42 Change Rate -0.49988% Assessed CR Tax Rate +0.015723%
Year 2017 Assessed Value $220,000 Land Value $167,000 Improvement Value $53,000 Tax Amount $3,408.02 Change Rate +0.998557% Assessed CR Tax Rate +0.015491%
Year 2016 Assessed Value $156,400 Land Value $104,300 Improvement Value $52,100 Tax Amount $1,705.24 Change Rate Assessed CR Tax Rate +0.010903%
Year 2014 Assessed Value $139,100 Land Value $88,800 Improvement Value $50,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $1,705.24 Change Rate Assessed CR Tax Rate