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Residential Land with Mature Lot
For Sale
$175,000

2002 E Alberta Drive, Bloomington, IN 47401

LOTS AND LAND, Bloomington, IN

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

Property Features for 2002 E Alberta Drive

General Information

Property type Land
Property subtype Other
Subdivision Freeman Fields
Lot features Cul-De-Sac, 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 53-11-15-300-004.024-006
Lot size 2.50 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 004-07031-24 Freeman Fields Ph 3 Lot 24
Tax Annual Amount 795
Legal Description 004-07031-24 Freeman Fields Ph 3 Lot 24
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 6:06AM
MLS# 202528088

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 residential land parcel with approximately 2.5 acres and a mature lot setting. The property is described as having minimal building restrictions, giving a buyer flexibility in designing a new home. The lot configuration supports private, single-family use and allows for a range of residential site planning based on the buyer’s design goals.

The parcel is located in the Freeman Fields area, with access to Bloomington described as about 10 minutes away. The remarks also note proximity to Highway 37 for regional travel, as well as multiple access points to Lake Monroe. The property is described as being across the street from a golf club with amenities including a par 71 championship course, a full bar, and a restaurant. For outdoor recreation, the nearby Fairfax recreation area is listed for activities such as boating, camping, hiking, fishing, hunting, and beaches.

For buyers seeking a larger, private home site within a developing neighborhood context, this parcel’s acreage and stated minimal restrictions may appeal. It can be suited to a homeowner who values space for a custom residence while remaining within reasonable driving distance of Bloomington and established recreational destinations.

Key Highlights

  • Freeman Fields homesite in an up‑and‑coming neighborhood with minimal building restrictions
  • Convenient access: about 10 minutes to Bloomington
  • About 5 minutes to Highway 37 access

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Building Supply Plumbing Service Auto Parts Store Catering Service Real Estate Agency Acupuncture

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

25
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 mature home site near Bloomington with minimal building restrictions and convenient access to area amenities.
Where is this residential land & home lot located?
The property is located at 2002 E Alberta Drive 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: Freeman Fields homesite in an up‑and‑coming neighborhood with minimal building restrictions; Convenient access: about 10 minutes to Bloomington; About 5 minutes to Highway 37 access
More about this property
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