Don’t miss the incredible developmental opportunity found in this gorgeous 44ac parcel on Bloomington’s South side! Over half of this historic farm is ringed in trees and is bordered by the Clear Creek Trail and the Bloomington Rail Trail creating beautiful vistas across the property. Super South side location with ultra-convenient access to I69 and 37S(this will be a fantastic location for commuters in any direction but especially for Crane workers). The property already has sewer on site and has access points both on That Rd and on Victor Pike. Currently zoned Estate R-1 the new Monroe Co. Consolidated Development Ordinance(CDO) identifies this parcel as “Neighborhood Growth” (N1) which will allow a minimum lot size of 7,500 sqft which is 5.8 units an acre-255 units for the entire parcel!! Both single family and duplex configurations (paired patio homes, duplexes, etc…) will be allowed by right. More dense projects may be allowed with county approval. The updated current version of the CDO can be found at www.monroecdo.com. This type of spectacular acreage does not hit the open market often. Once a working farm the property also contains a 2,600 sqft 4bd, 2ba “manor” home in good condition along with an in ground pool and a number of outbuildings including a classic barn. It could serve as an enviable hobby farm as well as a super long term investment!
Listing Agent: Andy Walker Courtesy of: RE/MAX Acclaimed Properties The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Indiana Regional MLS®. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Updated: 22nd October, 2021 8:52 PM
Would you like to tour this property with a REALTOR®?
Take a tour with a REALTOR®
We'll connect you with a local REALTOR® who can give you a personalized tour of the home in-person or via video chat.