Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    5003 S Iron Gate Trl, Unit 2 Bloomington, IN 47403

    For Sale
    $150,000

    Residential Land - Bloomington, IN

    Lot size:
    5.57 Acres
    Days on Market:
    169
    Last Refresh:
    Dec 8 at 10:06 am

    Property Features for 5003 S Iron Gate Trl

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    53-09-27-100-034.002-015
    Lot size
    5.57 Acres

    Building Details

    Architectural style
    Other

    Century 21 Scheetz (317) 844-5111

    Listing agent Brooke Hoffa (812) 336-2100 License #RB14043458

    Listing date Jun 23, 2025

    MLS# 202507336 Listing URL

    Copyright © 2025 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.

    Overview

    Residential Land in Iron Gate Farms

    This 5.57-acre residential lot is located in the Iron Gate Farms neighborhood of Bloomington, Indiana. The property is suited for building a home with a walkout basement. The land offers the option to nestle a home in the woods for privacy or clear the land to reveal sunrise views over horse pastures. It provides country living with access to town, with a 27-mile commute to Crane Naval Base and 7.5 miles to Indiana University. Cook Medical and Simtra are both less than 6 miles away. The property offers quick access to I-69 and is close to Westside shopping. The buyer will contract with Ison Land Group Kevin Spicer to build the home.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Auto Parts Store Electronics Store Daycare Center Computer & Electronic Repair Tech Support Center Dry Cleaner

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bloomington
    County
    Monroe
    State
    Indiana
    Longitude
    -86.617439
    Latitude
    39.106876

    Nearby Similar for Sale

    • $799,000
      0.61 Acres

      Landmark Property with I-69 Visibility

      Unique property with showroom, warehouse, and residential space.
      8300 N Wayport Rd, Bloomington, IN 47408
      View Details
    • $314,900
      816 SF

      Bloomington Home: Rental Investment Opportunity

      Cozy 2-bedroom home near Indiana University, ideal for rental.
      1005 E Maxwell Ln, Bloomington, IN 47401
      View Details
    • $1,500,000
      0.20 Acres

      Mixed-Use Buildings in Downtown Bloomington

      Two buildings totaling 8,808 SF on 0.2 acres.
      322 W 3Rd St, Bloomington, IN 47404
      View Details
    • $625,000
      5.33 Acres

      Versatile Building on Spacious Grounds

      10,000 sq ft building on 5.33 acres near Bloomington.
      3372 E Moffett Ln, Bloomington, IN 47401
      View Details
    • $925,000
      0.17 Acres

      Mixed-Use Property with Private Parking

      Versatile Bloomington property near downtown, Indiana University, with parking.
      807 N College Ave, Bloomington, IN 47404
      View Details
    • $1,200,000
      0.12 Acres

      Two-Story Office Building with Apartment

      Two-story office building with apartment near the mall.
      515 S Woodscrest Dr, Bloomington, IN 47401
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 5.57 acre residential lot in Bloomington's Iron Gate Farms.
    Where is this residential land & home lot located?
    The property is located at 5003 S Iron Gate Trl, Unit 2 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: - Large 5.57 acre lot in desirable Iron Gate Farms neighborhood.; - Ideal for a walkout basement with options for wooded privacy or sunrise views.; - Convenient access to Indiana University (7.5 miles), Cook Medical & Simtra (under 6 miles).
    (812) 336-2100
    Request Owner's contact information
    5003 S Iron Gate Trl, Unit 2 Bloomington, IN 47403
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5003 S Iron Gate Trl, Unit 2
    Bloomington, IN 47403
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5003 S Iron Gate Trl, Unit 2 Bloomington, IN 47403
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.