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    Reeves Rd Bloomington, IN 47404

    For Sale
    $2,350,000

    Residential Land - Bloomington, IN

    Lot size:
    38.79 Acres
    Days on Market:
    187
    Last Refresh:
    Dec 13 at 5:06 am

    Property Features for Reeves Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    53-04-09-403-003.000-013
    Exterior features
    None
    Lot size
    38.79 Acres

    Building Details

    Architectural style
    Other

    Picket Fence Real Estate Co., LLC (812) 340-0944 [email protected]

    Listing agent Tod Wesemann (812) 340-0944 License #RB14047936

    Listing date Jun 10, 2025

    MLS# 202509486 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

    Bloomington Development Land Opportunity

    This is a 38.79-acre parcel of land suitable for residential development. The property is located in Bloomington, Indiana, and is accessible from Reeves Road, Louden Road, and Raubs Lane. Utility services available to the site include sewer, water, natural gas, and Duke Energy electric. The property is located close to Edgewood schools, making it a potentially desirable location for a new housing development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Bloomington
    County
    Monroe
    State
    Indiana
    Longitude
    -86.5682
    Latitude
    39.1978

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    FAQs

    What type of property is this?
    Land - Prime residential development land available in Bloomington, Indiana.
    Where is this land located?
    The property is located at Reeves Rd Bloomington, IN.
    What is the asking price?
    The asking price for this property is $2,350,000.
    What are key features of this property?
    This property features: - Prime 40-acre development land, perfect for your next project.; - Utilities available: Sewer, Water, Natural Gas, Duke Energy electric.; - Multiple access points from Reeves Rd, Louden Rd, and Raubs Lane.
    (812) 340-0944
    Request Owner's contact information
    Reeves Rd Bloomington, IN 47404
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    Bloomington, IN 47404
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    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
    Reeves Rd Bloomington, IN 47404
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