5001 LOT 1 S Iron Gate Trail, Bloomington, IN 47403

Listing agent Brooke Hoffa License #RB14043458 Show Phone

Listing office Century 21 Scheetz - Bloomington 1155 S College Mall Rd Suite C, Carmel, IN Show Phone

Listing date Jan 2, 2026

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MLS# 202600191

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.

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Overview

This residential lot offers 4.1 acres of buildable land with a corner location and views from a hillside setting overlooking nearby horse pastures. The terrain is described as flat, which can support a spacious ranch-style home layout, while still leaving flexibility for other design directions.

Located on Bloomington’s near Westside in the Iron Gate Farms neighborhood, the property is positioned for convenient access to I-69. It’s also described as being within close range of major employers and destinations, including Indiana University (7.5 miles) and Cook Medical and Simtra (both under 6 miles). The Crane Naval Base commute is noted as 27 miles, and Westside shopping is described as nearby.

For buyers planning a custom build, the lot’s combination of corner placement and surrounding views may help when orienting the home to the setting. The seller notes that the buyer would contract with Ison Land Group Kevin Spicer to build the home, which should be reviewed as part of the planning process.

Suggested Use

Auto Parts Store (Bike/Boat/Book/etc) Store Computer & Electronic Repair Daycare Center Tech Support Center Electronics & Wireless Store

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

Location Insight

• Map
• Local Demand

City

Bloomington

County

Monroe

State

Indiana

Longitude

-86.618614

Latitude

39.107367

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FAQs

What type of property is this?

Residential land & home lot - A 4.1-acre corner lot with hilltop views, suited for designing a custom home with space and flexible layout.

Where is this residential land & home lot located?

The property is located at 5001 LOT 1 S Iron Gate Trail 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: 4.1‑acre lot in the Iron Gate Farms neighborhood on Bloomington’s near Westside; Corner lot with flat terrain for a ranch‑style home layout; Hilltop setting with views overlooking peaceful horse pastures