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Residential Lot with Minimal Restrictions
For Sale
$190,000
Pending

2061 E Charles Way, Bloomington, IN 47401

LOTS AND LAND, Bloomington, IN

Property SizeContact for details
Lot Size2.50 Acres
Days on Market403

Property Features for 2061 E Charles Way

General Information

Property type Land
Property subtype Other
Subdivision Freeman Fields
Lot features 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 Pending
APN 53-11-15-300-004.007-006
Lot size 2.50 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 004-07031-07 Freeman Fields Ph 2 Lot 7
Tax Annual Amount 795
Legal Description 004-07031-07 Freeman Fields Ph 2 Lot 7
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 3:06AM
MLS# 202528048

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 offering is a 2.5-acre residential lot in Freeman Fields, presented as a large, mature private home site. The property is described as having minimal building restrictions, giving a buyer flexibility to design their dream home. The land also benefits from the surrounding character of the neighborhood as characterized in the remarks.

The location is positioned within minutes of regional access points. Bloomington is noted as approximately 10 minutes away, with access to Highway 37 about 5 minutes away. Lake Monroe access is described as a short drive from multiple access points. The remarks also note the golf club across the street, featuring a par 71 championship course, along with a full bar and restaurant.

For buyers looking to build a custom residence, this parcel’s combination of size and minimal building restrictions is the primary fit. Its established neighborhood setting and nearby recreation options described in the remarks—including Fairfax recreation area activities—may appeal to buyers who want a home site with outdoor access while remaining connected to local commuting routes.

Key Highlights

  • Spacious mature lot with large private lots in Freeman Fields
  • Minimal building restrictions
  • 10 minutes to Bloomington

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.

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
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - A 2.5-acre residential lot with minimal building restrictions for designing a private custom home site.
Where is this residential land & home lot located?
The property is located at 2061 E Charles Way Bloomington, IN.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: Spacious mature lot with large private lots in Freeman Fields; Minimal building restrictions; 10 minutes to Bloomington
More about this property
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