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Large Residential Lot
For Sale
$175,000

2002 E Charles Way, Bloomington, IN 47401

LOTS AND LAND, Bloomington, IN

Property SizeContact for details
Lot Size2.89 Acres
Days on Market403

Property Features for 2002 E Charles Way

General Information

Property type Land
Property subtype Other
Subdivision Freeman Fields
Lot features Corner, Irregular
Elementary school Lakeview
Middle school Jackson Creek
High school Bloomington South
Elementary school district Monroe County Community School C
Middle school district Monroe County Community School C
High school district Monroe County Community School C
Directions GPS friendly
Standard status Active
APN 53-11-15-300-004.010-006
Lot size 2.89 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 004-07031-10 Freeman Fields Ph 3 Lot 10
Tax Annual Amount 824
Legal Description 004-07031-10 Freeman Fields Ph 3 Lot 10
Listing Agency: A Better Way Real Estate
Listed By: Hal Weaver · License #RB18000843
Added: Jul 17, 2025 Changed: Aug 20 Last Checked: Aug 23 at 3:06PM
MLS# 202528051

Copyright © 2026 Indiana Uplands Realtor® Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This nearly three-acre residential lot offers a mature setting and private space for building a custom home. The listing notes minimal building restrictions, giving buyers flexibility in their dream home design. The parcel is presented as a large-lot home site within Freeman Fields.

Access is described as convenient to Bloomington, with the property positioned about 10 minutes away. It is also described as roughly 5 minutes from access to Highway 37, and within a short drive of multiple access points to Lake Monroe. The listing further states it sits across the street from a luxury golf club with a par 71 championship course, along with a full bar and restaurant. Recreation opportunities nearby include Fairfax recreation area options such as boating, camping, hiking, mooring, fishing, hunting, and beaches.

For buyers seeking a larger residential home lot with room for privacy and flexible design, this parcel’s size and “minimal building restrictions” language may be particularly relevant. Its described proximity to regional access points, Lake Monroe, and local recreation amenities may also appeal to owner-occupants looking for a lifestyle-forward property.

Key Highlights

  • Spacious mature lot with large private lot size in Freeman Fields
  • About 10 minutes from Bloomington
  • Approximately 5 minutes to access Highway 37

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Building Supply Real Estate Agency Restaurant Electrical Service Storage Facility Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

12
Businesses Nearby

Demographics for 47401, IN

41,225
Population
21,162
Households
1.9
Avg Household Size
35
Median Age
62%
College-Educated
95%
High-School Grad
82.6 sq mi
ZIP Area
499
Density / Sq Mi
$65,643
Median Household Income
$34,279
Median Earnings
$1,181
Median Rent
$333,100
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Nearly three acres of mature, private lot space with minimal building restrictions for a customized home site.
Where is this residential land & home lot located?
The property is located at 2002 E Charles Way Bloomington, IN.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Spacious mature lot with large private lot size in Freeman Fields; About 10 minutes from Bloomington; Approximately 5 minutes to access Highway 37
More about this property
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