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Listed by Laura Stevens • The Indiana Team LLC • Offc: 812-961-8000
$ 1,749,000
Est. payment | /mo
5.56 Acres Lot
$ 1,749,000
Est. payment | /mo
5.56 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID IRM202605567
HOA Y/N No
Annual Tax Amount $964
Tax Year 2025
Lot Size 5.560 Acres
Acres 5.56
Lot Dimensions 752' x 380'
Property Sub-Type Unimproved Land
Property Description
Prime 5.56-acre redevelopment opportunity on the south side of Bloomington offering exceptional potential for a new neighborhood, multifamily project, condominiums, or a thoughtfully designed mixed residential community. Currently zoned R2, this parcel features approximately 200 feet of road frontage on Rogers Street and borders both the scenic Switchyard Park and the popular B-Line Trail along its eastern boundary—providing unmatched access to green space, recreation, and connectivity. The location is truly outstanding, just minutes from Interstate 69 via the Tapp Road exit and only 2.5 miles (approximately a 10-minute drive) from the campus of Indiana University Bloomington. With strong surrounding growth in Bloomington's southwest corridor and immediate proximity to two of the city's most sought-after amenities, this property delivers what every successful development needs: location, visibility, accessibility, and lifestyle appeal. In addition, the area is a part of the Bloomington Urban Enterprise Zone, which offers tax incentives and grants to qualified individuals and businesses. It is also located within the Monroe County Opportunity Zone. Location truly is everything, and this land sits in a prime position for future development.
Location
State IN
Interior
Fireplace N
Exterior
View Y/N true
Building
Sewer City
Water City
Schools
Elementary Schools Templeton
Middle Schools Batchelor
High Schools Bloomington South
School District Monroe County Community School Corp.
Others
Pets Allowed No
Tax ID 53-08-08-100-016.000-009
Acceptable Financing IRM202605567
Listing Terms IRM202605567
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202605567
IDX information provided by the Indiana Regional MLS. © 2026 Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. All Rights Reserved.
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