Residential Development Lot with Corner
5001 LOT 1 S Iron Gate Trail Bloomington, IN 47403
5001 LOT 1 S Iron Gate Trail, Bloomington, IN, 47403
$150,000
For Sale
$150,000
LAND - Bloomington, IN
Lot Size4.10 Acres
Days on Market197
Property Features for 5001 LOT 1 S Iron Gate Trail
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Active
- APN
- 53-09-27-100-034.001-015
- Lot size
- 4.10 Acres
Taxes and HOA fees
- Tax Description
- 016-26505-01 Iron Gate Farms Phase 1 Lot 1
- Tax Annual Amount
- 1509
Listing Agency
Century 21 Scheetz - Bloomington
(812) 336-2100
1155 S College Mall Rd Suite C, Carmel, IN
Listed by
Brooke Hoffa · License #RB14043458
(812) 340-0166
Added: Jan 2 Checked: Jul 18 at 1:06 am
MLS# 202600191
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 residential lot offers 4.1 acres of buildable land with a corner location and views from a hillside setting overlooking nearby horse pastures. The terrain is described as flat, which can support a spacious ranch-style home layout, while still leaving flexibility for other design directions.
Located on Bloomington’s near Westside in the Iron Gate Farms neighborhood, the property is positioned for convenient access to I-69. It’s also described as being within close range of major employers and destinations, including Indiana University (7.5 miles) and Cook Medical and Simtra (both under 6 miles). The Crane Naval Base commute is noted as 27 miles, and Westside shopping is described as nearby.
For buyers planning a custom build, the lot’s combination of corner placement and surrounding views may help when orienting the home to the setting. The seller notes that the buyer would contract with Ison Land Group Kevin Spicer to build the home, which should be reviewed as part of the planning process.
Located on Bloomington’s near Westside in the Iron Gate Farms neighborhood, the property is positioned for convenient access to I-69. It’s also described as being within close range of major employers and destinations, including Indiana University (7.5 miles) and Cook Medical and Simtra (both under 6 miles). The Crane Naval Base commute is noted as 27 miles, and Westside shopping is described as nearby.
For buyers planning a custom build, the lot’s combination of corner placement and surrounding views may help when orienting the home to the setting. The seller notes that the buyer would contract with Ison Land Group Kevin Spicer to build the home, which should be reviewed as part of the planning process.
Key Highlights
- 4.1‑acre lot in the Iron Gate Farms neighborhood on Bloomington’s near Westside
- Corner lot with flat terrain for a ranch‑style home layout
- Hilltop setting with views overlooking peaceful horse pastures
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Residential land & home ...
Similar For Sale Nearby
FAQs
What type of property is this?
Residential land & home lot - A 4.1-acre corner lot with hilltop views, suited for designing a custom home with space and flexible layout.
Where is this residential land & home lot located?
The property is located at 5001 LOT 1 S Iron Gate Trail Bloomington, IN.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 4.1‑acre lot in the Iron Gate Farms neighborhood on Bloomington’s near Westside; Corner lot with flat terrain for a ranch‑style home layout; Hilltop setting with views overlooking peaceful horse pastures
