Residential Land with Home for Sale in Bloomington, Indiana

Rare chance to secure nearly 8 acres on Bloomington's sought-after south side -- minutes from downtown, Indiana University, and with quick I-69 access for easy commutes to Crane and Indianapolis. This property's value lies in its location, infrastructure, and versatility: positioned at the city-county line, with a sewer hookup already on-site, it's ideal for a future neighborhood, small subdivision, or private estate. The acreage includes two parcels (one a separate 1-acre lot with utilities already in place), offering flexibility for multi-family living, phased development, or resale. Build an additional residence on the smaller lot while maintaining the larger tract for a second home, family compound, or further development. The gently rolling land provides open space, privacy, and strong curb appeal for future residential projects -- all within a growth corridor that continues to see high demand. An existing single-family home, built with the craftsmanship of its era, provides immediate rental income or owner-occupancy while development plans move forward. Its preserved woodwork, spacious kitchen, and welcoming layout offer comfort now, while you plan for what's next. Whether your vision is multi-family living, a multi-lot development, a family retreat with multiple homes, or a long-term land investment, this property delivers. Opportunities with this combination of acreage, city utilities, and proximity to Bloomington's core are rare -- secure it today and control the future potential.