$889,000

4155 S Walnut Street Pike, Bloomington, IN 47401

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon7.7acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 6 months ago

Property Description

Rare chance to secure nearly 8 acres on Bloomington's highly sought-after south side. The property is currently in the early stages of a planned separation process, with predesign approval underway. This step is being pursued to allow for future flexibility in how the acreage and the residential structure are configured and valued, creating the potential for more targeted ownership or pricing options as the process moves forward. Just minutes from downtown, Indiana University, and with fast access to I-69 for easy commutes to Crane and Indianapolis. Few properties offer this combination of location, scale, and future flexibility inside a major growth corridor. Positioned at the city-county line with city sewer on site, this property is uniquely suited for multiple long-term paths: a private estate, multi-generational living, or a thoughtfully planned small neighborhood. The acreage includes two parcels, including a separate one-acre lot with utilities in place - providing immediate versatility for phased development, resale, or multiple residences. The land itself is gently rolling with excellent frontage, privacy, and layout potential - ideal for creating multiple homesites while preserving green space and curb appeal. Whether your vision is a family compound, a future multi-lot layout, or a strategic land investment, this property offers the rare ability to own now and shape later. An existing single-family residence, built with the craftsmanship of its era, offers immediate rental or owner-occupancy while long-term plans take shape. With preserved woodwork, a spacious kitchen, and a welcoming layout, it delivers both comfort and income today - and flexibility for tomorrow. Opportunities like this - large acreage with utilities, proximity to Bloomington's core, and active planning already in motion - are increasingly rare. Secure the land today and position yourself for tomorrow's possibilities.

Listing Status:
Active
Data Last Updated:
February 17, 2026 at 1:18PM
Listing Office:
Sweet Maple Realty : 317-442-3561
Listing Agent:
G. Shane Gibson : 317-442-3561
MLS ID:
22056213
  • General: Tenant House
  • Road/Access: City StreetCounty Road
  • Originating MLS: mibor
  • School District: Monroe County Community Sch Corp
  • County: Monroe
  • Topography: ClearedLevelWooded
  • Zoning: Communnity Dev. Resid.Pt Nw Ne 21-8-1W 1.14A530821100112000008
  • Water: Municipal Water on Site
  • Sewer: Public SewerSeptic Tank
  • Source: mibor

This listing courtesy of G. Shane Gibson , Sweet Maple Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Clear Creek Elementary School

300 W Clear Creek Dr, Bloomington, IN, 47403

Grades PK-6

0.75 miles away

J

Jackson Creek Middle School

3980 S Sare Rd, Bloomington, IN, 47401

Grades 7-8

0.90 miles away

B

Bloomington High School South

1965 S Walnut St, Bloomington, IN, 47401

Grades 9-12

1.65 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.