Key facts
- Lot
- 0.51 acres
- Type
- Land · Residential Lots
- MLS #
- 22117368
- County
- Monroe
- Subdivision
- No Subdivision
About this home
RARE IMPROVED HOMESITE JUST 2.5 MILES FROM IU! This beautiful 0.51-acre wooded lot offers valuable improvements already in place, including an existing well, approximately 1,200-gallon septic system, electrical service, two driveways and multiple outbuildings. These features may help reduce future site development costs and make this a standout opportunity near Indiana University and Memorial Stadium. Tucked away in a quiet neighborhood with no HOA, the property features mature trees, peaceful wooded views and paved road frontage, all just minutes from downtown Bloomington, shopping and dining. The seller recently uncovered the septic tank and added a new cleanout riser, lid and 4-inch tap connection for future access. Outbuildings include a 14' x 20' detached garage, 20' x 20' storage building and 8' x 10' masonry equipment shed, all with concrete floors and conveyed as-is. The camper may remain and be included as-is or removed by the seller prior to closing. An excellent opportunity for a future homesite or investment near IU. Well and septic have not been used during the seller's ownership. Buyers should independently verify their condition, zoning, permitted uses, utilities, building requirements, boundaries and development suitability with Monroe County.
Description provided by the listing brokerage.
Exterior
- Fencing
- View
- Other structures
Systems
- Sewer
Lot and HOA
- Lot features
- Zoning
- RE1
Schools
- School district
- Monroe County Community Sch Corp
Taxes
- Estimated annual tax
- $476 / yearTwice the semi-annual installment the listing reports.
- Tax year
- 2025
Estimate your monthly payment
Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.
Talk to a lender we trust