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Residential Land for Sale in Bloomington, Indiana

1612 N Lane Dr, Bloomington, IN 47404

$86,000
0.51 acres
Active sale
ago
Est $634/mo

RARE IMPROVED HOMESITE OPPORTUNITY NEAR IU! Unlike many vacant lots, this beautiful 0.51-acre property already offers an existing well, septic system, electrical service, outbuildings and two driveways! Valuable site improvements that may help reduce future development costs. Located just 2.5 miles from Indiana University, Memorial Stadium, downtown Bloomington, shopping, and dining, the property combines exceptional convenience with peaceful, wooded surroundings. Tucked away in a quiet neighborhood with no HOA, this picturesque homesite features mature trees, wooded views, and frontage along a paved asphalt road. The seller recently uncovered the approximately 1,200-gallon septic tank and installed a new cleanout riser, lid, and 4-inch tap connection for convenient future access. The well and septic have not been used during the seller's ownership, and buyers should independently verify their condition and suitability. Multiple outbuildings include a 14' x 20' detached garage, a 20' x 20' storage building and an 8' x 10' masonry block equipment shed. The buildings have concrete floors and offer abundant storage during construction or for future use. All outbuildings are conveyed as-is. The camper currently on the property may remain and be included as-is, or the seller will remove it before closing. Whether you are planning a custom home or seeking an investment opportunity near IU, this property offers outstanding potential. Buyers should verify zoning, permitted uses, utilities, septic and well condition, lot dimensions, property boundaries, building requirements, and all development information 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

Parcels

  • 530530300024000004

Legal description

Details and features

Listing

Type
Land

Lot

Features
Access, Mature Trees, Not in Subdivision

Exterior

Fencing
Chain Link

Structure

Sewer
Public Sewer, Septic Tank

Listing history

DateEventPriceChangeSource
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 $86,000.

Listed by Fathom Realty, (317) 507-0837

Checked 2 hours agoUpdated Source

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