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Residential Land with Spacious Lot
For Sale
$190,000

2074 E Charles Way, Bloomington, IN 47401

LAND - Bloomington, IN

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

Property Features for 2074 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 Active
APN 53-11-15-300-004.033-006
Lot size 2.50 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 004-07031-33 Freeman Fields Ph 2 Lot 33
Tax Annual Amount 795
Legal Description 004-07031-33 Freeman Fields Ph 2 Lot 33
Listing Agency: A Better Way Real Estate
Listed By: Hal Weaver · License #RB18000843
Added: Jul 17, 2025 Changed: Jul 6 Last Checked: Aug 23 at 1:06PM
MLS# 202528091

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 for-sale residential land offering consists of a 2.5-acre lot described as mature and suited for a private, custom home site. The property is positioned to support a range of home designs, with the seller noting minimal building restrictions. The tract is being presented as a larger-lot option within Freeman Fields, offering space and a more secluded feel than typical subdivisions.

The site is located at 2074 E Charles Way in Bloomington, IN (Monroe County), with access described as approximately 10 minutes to Bloomington and about 5 minutes to Highway 37. The remarks also cite a short drive to access points for Lake Monroe. The property is described as across the street from a golf club featuring a par 71 championship course, along with a full bar and restaurant, and it is positioned near Fairfax recreation area opportunities including boating, camping, hiking, mooring, fishing, hunting, and beaches.

For buyers looking to build, this lot’s size and the stated flexibility around building restrictions may be a practical fit for a homeowner seeking a larger, private residential setting while maintaining relatively quick access to regional employment and recreation. Prospective buyers should verify applicable restrictions and development requirements directly with Monroe County and the governing entity for Freeman Fields before planning any construction.

Key Highlights

  • Mature lot in Freeman Fields with large private lot sizes
  • About 10 minutes from Bloomington
  • Approximately 5 minutes to access Highway 37

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.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

19
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 - Buildable 2.5-acre lot offers room and flexible building terms near Bloomington and key regional access.
Where is this residential land & home lot located?
The property is located at 2074 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: Mature lot in Freeman Fields with large private lot sizes; About 10 minutes from Bloomington; Approximately 5 minutes to access Highway 37
More about this property
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