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Listed by G. Shane Gibson • Sweet Maple Realty
$ 950,000
Est. payment /mo
Active
4155 S Walnut Street PIKE Bloomington, IN 47401
7.7 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential Lots
Listing Status Active
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 22056213
Tax Year 2024
Lot Size 7.700 Acres
Acres 7.7
Property Sub-Type Residential Lots
Property Description
Rare chance to secure nearly 8 acres on Bloomington's sought-after south side - minutes from downtown, Indiana University, and with quick I-69 access for easy commutes to Crane and Indianapolis. This property's value lies in its location, infrastructure, and versatility: positioned at the city-county line, with a sewer hookup already on-site, it's ideal for a future neighborhood, small subdivision, or private estate. The acreage includes two parcels (one a separate 1-acre lot with utilities already in place), offering flexibility for multi-family living, phased development, or resale. Build an additional residence on the smaller lot while maintaining the larger tract for a second home, family compound, or further development. The gently rolling land provides open space, privacy, and strong curb appeal for future residential projects - all within a growth corridor that continues to see high demand. An existing single-family home, built with the craftsmanship of its era, provides immediate rental income or owner-occupancy while development plans move forward. Its preserved woodwork, spacious kitchen, and welcoming layout offer comfort now, while you plan for what's next. Whether your vision is multi-family living, a multi-lot development, a family retreat with multiple homes, or a long-term land investment, this property delivers. Opportunities with this combination of acreage, city utilities, and proximity to Bloomington's core are rare - secure it today and control the future potential.
Location
State IN
County Monroe
Zoning Communnity Dev. Resid.
Interior
Fireplace N
Building
Sewer Public Sewer, Septic Tank
New Construction false
Schools
School District Monroe County Community Sch Corp
Others
Acceptable Financing Not Applic
Listing Terms Not Applic
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