Properties

4155 S Walnut Street Pike, Bloomington, Indiana 47401 MLS 202524060

7.70 acre - 4155 S Walnut Street Pike, Bloomington, Indiana 47401

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Property Description

Rare chance to secure nearly 8 acres on Bloomington’s highly sought-after south side — just minutes from downtown, Indiana University, and with fast access to I-69 for easy commutes to Crane and Indianapolis. Few properties offer this combination of location, scale, and future flexibility inside a major growth corridor. Positioned at the city–county line with city sewer on site, this property is uniquely suited for multiple long-term paths: a private estate, multi-generational living, or a thoughtfully planned small neighborhood. The acreage includes two parcels, including a separate one-acre lot with utilities in place — providing immediate versatility for phased development, resale, or multiple residences. The land itself is gently rolling with excellent frontage, privacy, and layout potential — ideal for creating multiple homesites while preserving green space and curb appeal. Whether your vision is a family compound, a future multi-lot layout, or a strategic land investment, this property offers the rare ability to own now and shape later. An existing single-family residence, built with the craftsmanship of its era, offers immediate rental or owner-occupancy while long-term plans take shape. With preserved woodwork, a spacious kitchen, and a welcoming layout, it delivers both comfort and income today — and flexibility for tomorrow. The property is currently in the early stages of a planned separation process, with predesign approval underway. This step is being pursued to allow for future flexibility in how the acreage and the residential structure are configured and valued, creating the potential for more targeted ownership or pricing options as the process moves forward. Opportunities like this — large acreage with utilities, proximity to Bloomington’s core, and active planning already in motion — are increasingly rare. Secure the land today and position yourself for tomorrow’s possibilities.

Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 202524060
Price : $889,000
Bedrooms : 4
Rooms : 10
Bathrooms : 2
Half Bathrooms : 1
Year Built : 1920
Lot Area (ACRES) : 7.70
Total Finished SqFt : 3,036
Address Map
Country : US
State : IN
City : Bloomington
Area : Monroe County
Subdivision : None
Zipcode : 47401
Street : Walnut Street
Street Number : 4155
Floor Number : 0
Longitude : W87° 28' 20.1''
Latitude : N39° 8' 4.8''
Additional Details
Property SubType : Site-built home
Status : Active
Pool Y/N : No
Style : Two story
School District : Monroe county community school c
Elementary : Clear creek
Middle School : Batchelor
High School : Bloomington south
Waterfront Y/N : No
New Construction : No
Investment Property Y/N : Yes
Lot Dimensions : 335,412SF
# of Fireplaces : 1
Main Level SqFt : 0
Approx. Lot Size SqFt : 335,412
Total Baths : 3
Annual Taxes : $3,834
Association Dues $ : $0
Other Fees $ : $0
Garage Y/N : Yes
Fireplace Y/N : Yes
Garage Type : Attached
Laundry Level : Main
Water Utility : City
Sewer : Septic
Outbuilding 1 : 2nd detached garage
REO Y/N : No
Basement Y/N : Yes
LOT DESCRIPTION : Partially wooded, Pasture, 6-9.999
EXTERIOR : Stone
BASEMENT/FOUNDATION : Outside entrance, Unfinished, Partial basement, Cellar
HEATING/FUEL : Gas, Forced air, Multiple heating systems
COOLING : Central air
SALE INCLUDES : Dishwasher, Microwave, Refrigerator, Washer, Window treatments, Dryer-electric, Water heater gas, Range-gas
FIREPLACE : Living/great rm, Gas starter
ARCHITECTURAL STYLE : Other, Traditional
BASEMENT MATERIAL : Block, Stone
AMENITIES : Balcony, Garage door opener, Deck covered, Porch covered, Ceiling-9+, Natural woodwork, Main level bedroom suite, Main floor laundry, Laundry-chute, Breakfast bar, Near walking trail, Garage utilities
ROOF MATERIAL : Asphalt
FLOORING : Tile, Hardwood floors
Age : 106

Listing provided courtesy of: Sweet Maple Realty, Shane Gibson.

Residential For Sale
  • Listing ID : 202524060
  • Bedrooms : 4
  • Bathrooms : 2
  • Lot Area (ACRES) : 7.70 acre
  • Visits : 0 in 221 days
$889,000
Agent info
Keith Realty & Auction Group
2411 River Road, Spencer, IN 47460
Contact Agent

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