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Land with Home for Sale in Bloomington, Indiana

8318 S Ashley Ave, Bloomington, IN 47401

$875,000
5.7 acres
Active sale
$10k drop
Est $5,010/mo

Nestled on approximately 5.7 scenic acres with a stocked pond filled with bluegill, this spacious brick and concrete residence offers an incredible opportunity to create your dream estate just minutes from Lake Monroe and the Eagle Pointe Golf Resort. Surrounded by mature trees and natural beauty, the setting alone is truly a showstopper, featuring a picturesque concrete driveway, wooded privacy, and endless space for entertaining, recreation, and peaceful everyday living. Designed with flexibility and functionality in mind, the home offers three levels of living space, including a finished walk-out basement with 9-foot ceilings and its own full kitchen-ideal for multi-generational living, guest accommodations, entertaining, or potential income-producing opportunities. With a total of four bedrooms, plus three en-suite bedrooms, and 4.5 bathrooms, the floor plan provides exceptional space for family and guests alike. The main-level primary suite features two oversized walk-in closets along with a spacious bathroom complete with double sink vanities and a jacuzzi tub. Every bedroom throughout the home includes its own walk-in closet. tall ceilings, beautiful wood doors and baseboards, and three fireplaces-capable of both wood-burning and gas use-add warmth and character throughout the property. Additional features include: - Two full kitchens - Three laundry rooms with one located on each level - Oversized four-car garage - Electric fence system - Two furnace systems replaced in 2020 - Two water heaters replaced in 2020 - Roof replacement in 2020 with 30-year dimensional shingles and transferable warranty This is a fabulous home with outstanding bones, mechanical updates already completed, and endless potential for a new owner to implement cosmetic improvements and personal design touches. Whether you envision a private retreat, entertaining estate, multi-generational residence, or investment opportunity, this property offers a rare combination of space, setting, structure, and possibilities.

8,238
Sq feet
7
Beds
5
Full baths
1
1/2 bath
2000
Built

Location

Street address
8318 S Ashley Ave
Zip code
47401
Community
Bellevista
School district
Monroe County Community School C
Elevation
680 feet
Coordinates
39.0521, -86.5163

Directions

HWY 37 South to the Harrodsburg Monroe Resv. exit continue on to Pointe Rd and left at Strain Ridge Rd. turn left onto S. Anne Ave. Turn right on to Ashley avenue and the home will be on your right.

Property details

Acreage
5.7 acres
MLS #
BMLS 202620611
Posted

Property taxes

2025
$6,473

Parcels

  • 53-00-40-174-013.000-006

Details and features

Listing

Type
Residential
Franchise
Independent

Lot

Waterfront
Pond
Features
Corner, Lake, Level, Partially Wooded, Rural Subdivision, Wooded

Structure

Stories
3
Basement
Concrete
Water
Public
Cooling
Central Air, Multi Units
Roof
Shingle

Interior

Room Count
28
Rooms
Basement, Bathroom x 6, Bedroom x 7, Laundry Room
Flooring
Carpet, Hardwood, Laminate, Tile
Fireplaces
Yes

Nearby schools

NameTypeDistrict
LakeviewElementaryMonroe County Community School C
Jackson CreekMiddleMonroe County Community School C
Bloomington SouthHighMonroe County Community School C

Listing history

DateEventPriceChangeSource
July 3, 2026Price drop$875,000$10,000 -1.1%BMLS
June 10, 2026Price drop$885,000$30,000 -3.3%BMLS
May 29, 2026New listing$915,000BMLS
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This 5.7-acre property is located at 8318 S Ashley Ave in Bloomington, IN 47401. The property is available for sale, priced at $875,000. It has a 8,238 square foot 7-bedroom, 5.5-bath house built in 2000.

Listed by Susan Slaven Realty, (812) 824-4700

Checked 1 hour agoUpdated

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