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Residential Land for Sale in Bloomington, Indiana

1612 N Lane Dr, Bloomington, IN 47404

$85,000
0.51 acres
Active sale
$1k drop
Est $616/mo

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.

Location

Street address
1612 N Lane Dr
Zip code
47404
School district
Monroe County Community SCH Corp
Elevation
828 feet
Coordinates
39.1824, -86.5663

Property details

Lot size
0.51 acres22,216 sq ft
Zoning
RE1
MLS #
MIBOR 22117368
Posted

Property taxes

2025
$476

Parcels

  • 530530300024000004

Legal description

Details and features

Listing

Type
Land

Lot

Features
Access, Mature Trees, Not in Subdivision, Single Lot

Exterior

Fencing
Chain Link

Structure

Water
Well
Sewer
Public Sewer, Septic Tank

Listing history

DateEventPriceChangeSource
Aug 26, 2026Price drop$85,000$1,000 -1.2%MIBOR
July 31, 2026New listing$86,000MIBOR
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This 0.51-acre property is located at 1612 N Lane Dr in Bloomington, IN 47404. The land is available for sale, priced at $85,000.

Listed by Fathom Realty, (317) 507-0837

Checked 2 hours agoUpdated Source

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