Located just south of Bloomington NEAR LAKE MONROE, this is a fantastic blend of rural living and convenience! What a unique offering here with 23 +/- acres on the corner of Highway 37 South and Smithville Rd. If you are looking for a property with room to do the things you love...If you need boat or RV storage or workshop space...If you want to have a mini farm...This property could be ALL of those things! The main home on this property is an all-brick 4-bedroom, 2-bath ranch with an attached 2 car garage. The 40x64 pole barn was designed for the owner's construction business and racing hobby. Built with four truck size overhead doors, this is barn is large enough for an RV or a Semi Tractor. The property also includes a large shed on the back pasture and a very cute traditional farm barn near the house. The fully fenced pasture is perfect for hobby farming or livestock. Inside, you'll find a spacious layout with fireplaces in both the family room and primary bedroom, an unfinished basement, covered back deck, and all appliances included. Laundry hookups are available on both the main level and in the basement. The home has been vacant for several years and needs some TLC, but lots of potential here! Though we have not explored specific zoning options, the high exposure of Highway 37 makes this a great candidate for a potential business opportunity. Total of 23.08 acres included across four parcels: House: 53-11-04-300-012.000-006 Pt NW SW 4-7-1W (1 Acre); Barns: 53-11-04-300-004.000-006 Pt NW SW 4-7-1W (8.67 Acres); Highway frontage: 53-11-05-400-020.000-006 Pt SE SE 5-7-1W (0.91 Acre); Additional Acreage: 53-11-04-300-007.000-006 Pt SW SW 4-7-1W (12.50 Acres) This is an estate property being sold by court order.
Single-familyProperty Type
1969Year Built
23.08 acresLot Size
$177Est. Price/Sq.Ft.
2 car garageParking
Listed by Brian Sample• RE/MAX Acclaimed Properties
Bought with Non-BLC Member• MIBOR REALTOR® Association
What a unique offering here with 23 +/- acres on the corner of Smithville Rd. and Highway 37 South. If you are looking for a property with room to do the things you love. .. If you need boat or RV storage or workshop space. .. If you want to have a mini farm. .. This property could be ALL of those things! The main home on this property is an all-brick 4-bedroom, 2-bath ranch with an attached 2 car garage. The 40x64 pole barn was designed for the owner's construction business and racing hobby. Built with four truck size overhead doors, this is barn is large enough for an RV or a Semi Tractor. The property also includes a large shed on the back pasture and a very cute traditional farm barn near the house. The fully fenced pasture is perfect for hobby farming or livestock. Inside, you'll find a spacious layout with fireplaces in both the family room and primary bedroom, an unfinished basement, covered back deck, and all appliances included. Laundry hookups are available on both the main level and in the basement. The home has been vacant for several years and needs some TLC, but lots of potential here! Located just south of Bloomington, this is a fantastic blend of rural living and convenience. This is an estate property being sold by court order. Though we have not explored specific zoning options, the high exposure of Highway 37 makes this a great candidate for a potential business opportunity. Total of 23.08 acres included across four parcels: House: 53-11-04-300-012.000-006 Pt NW SW 4-7-1W (1 Acre); Barns: 53-11-04-300-004.000-006 Pt NW SW 4-7-1W (8.67 Acres); Highway frontage: 53-11-05-400-020.000-006 Pt SE SE 5-7-1W (0.91 Acre); Additional Acreage: 53-11-04-300-007.000-006 Pt SW SW 4-7-1W (12.50 Acres)
IRMLS #202140283
Sep 22, 2021
Listed
$1,250,000
$414/sq ft
Year
Property tax
Land + Additions
Assessment*
2024
$5,083 (+101.0%)
$41,600 + $305,500
$347,100
2023
$2,529 (+37.8%)
$40,000 + $290,900
$330,900
2022
$1,835 (+18.3%)
$40,000 + $201,300
$241,300
2021
$1,551 (+7.2%)
$30,000 + $170,800
$200,800
2020
$1,447 (+10.4%)
$22,000 + $161,300
$183,300
2019
$1,310 (−1.0%)
$22,000 + $170,300
$192,300
2018
$1,323 (+1.6%)
$22,000 + $170,300
$192,300
2017
$1,302 (+3.9%)
$22,000 + $167,800
$189,800
2016
$1,254 (−22.6%)
$22,000 + $164,900
$186,900
2015
$1,620 (−3.7%)
$22,000 + $194,200
$216,200
2013
$1,682
$22,000 + $196,400
$218,400
Tax history for 98 E Smithville Rd
Year
Property tax
Land + Additions
Assessment*
2024
$5,083 (+101.0%)
$41,600 + $305,500
$347,100
2023
$2,529 (+37.8%)
$40,000 + $290,900
$330,900
2022
$1,835 (+18.3%)
$40,000 + $201,300
$241,300
2021
$1,551 (+7.2%)
$30,000 + $170,800
$200,800
2020
$1,447 (+10.4%)
$22,000 + $161,300
$183,300
2019
$1,310 (−1.0%)
$22,000 + $170,300
$192,300
2018
$1,323 (+1.6%)
$22,000 + $170,300
$192,300
2017
$1,302 (+3.9%)
$22,000 + $167,800
$189,800
2016
$1,254 (−22.6%)
$22,000 + $164,900
$186,900
2015
$1,620 (−3.7%)
$22,000 + $194,200
$216,200
2013
$1,682
$22,000 + $196,400
$218,400
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
4
Baths
2.5
Stories
1
Lot width
—
Lot depth
—
Lot size
1 Acre
Year renovated
1999
Sq. Ft.
2,236
Year built
1969
Style
Single Family Residential
County
Monroe County
APN
531104300012000006
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 16, 2026.
AG/RR
Agriculture/Rural Reserve District
The character of the Agriculture/Rural Reserve (AG/RR) District is defined as that which is primarily intended for agriculture uses including, but not limited to, row crop or livestock production, forages, pasture, forestry, single family residential uses associated with agriculture uses and limited, very low density, rural non-farm related single family uses and not in (major) subdivisions. Its purposes are to encourage the continuation of agriculture uses, along with the associated single family residential uses, to discourage the development of residential subdivisions and non-farm-related nonresidential uses, to protect the environmentally sensitive areas, such as floodplain and steep slopes, and to maintain the character of the surrounding neighborhood. Therefore, the number of uses permitted in the AG/RR District is limited. Some uses are conditionally permitted. The conditions placed on these uses are to insure their compatibility with the agriculture-related uses. The development of new non-farm residential activities proximate to known mineral resource deposits or extraction operations may be buffered by increased setback distance.
Property details
Parking
Parking Information
Garage SqFt: 675
Parking Features: Attached, Concrete, Garage Door Opener