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Wooded Estate Home Lot
For Sale
$529,000

4689 E State Road 45, Bloomington, IN 47408

LOTS AND LAND, Bloomington, IN

Property SizeContact for details
Lot Size2.59 Acres
Days on Market110

Property Features for 4689 E State Road 45

General Information

Property type Land
Property subtype Other
Parking features Off Street
Subdivision Prairie Green
Lot features Level, Rolling, Near College Campus, Garage, House
Elementary school University
Middle school Tri-North
High school Bloomington North
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 Take State Rd 45 East off of the bypass property is on the left
Standard status Active
APN 53-05-25-302-001.000-004
Lot size 2.59 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description 012-08155-02 Prairie Green Lot 2 Amendment 1
Tax Annual Amount 5250
Legal Description 012-08155-02 Prairie Green Lot 2 Amendment 1
Listing Agency: Century 21 Scheetz - Bloomington · Century 21 Real Estate
Listed By: Janet Lane · License #RB15001488
Added: May 6 Changed: Aug 20 Last Checked: Aug 23 at 9:06AM
MLS# 202616819

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 2.59-acre wooded estate lot offers development flexibility supported by existing site infrastructure. The property includes an existing 2-bedroom, 1.5-bath brick cottage suitable as a guest house, along with independent septic infrastructure already in place. The site is described as well-suited for a multi-structure layout, including a new primary residence with a walkout basement, plus a third detached building that could function as a private office or hobby studio, subject to approvals.

The property is located about one mile from Indiana University and falls within the University Elementary district. The listing notes established HOA agreements that permit residential rental flexibility, and highlights immediate access to Eastside shopping and restaurants.

Any future building plans and specific uses are stated as subject to standard county permits and HOA review.

Key Highlights

  • Historic Fox Farm Estate on 2.59 wooded acres, about 1 mile from Indiana University
  • Off‑street parking available
  • Independent septic infrastructure already in place

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm HVAC Service Grocery & Convenience Store Bakery

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

40
Businesses Nearby

Demographics for 47408, IN

22,917
Population
10,456
Households
2.2
Avg Household Size
28
Median Age
59%
College-Educated
98%
High-School Grad
64.4 sq mi
ZIP Area
356
Density / Sq Mi
$45,584
Median Household Income
$15,819
Median Earnings
$1,177
Median Rent
$304,600
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - 2.59-acre wooded lot with an existing brick cottage and independent septic infrastructure for future development planning.
Where is this residential land & home lot located?
The property is located at 4689 E State Road 45 Bloomington, IN.
What is the asking price?
The asking price for this property is $529,000.
What are key features of this property?
This property features: Historic Fox Farm Estate on 2.59 wooded acres, about 1 mile from Indiana University; Off‑street parking available; Independent septic infrastructure already in place
More about this property
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