Bloomington, IN Residential Land & Home Lots for Sale

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113 listings

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Bloomington Fourplex with Development Potential

$550,000

4,750 SF

Bloomington Fourplex with Development Potential

1024 N Country Club Drive, Bloomington, IN 47403

Four rental units and vacant lots on 1.69 acres.

1.69 acres with 4 rental units and 4 separate deeds, offering diverse investment opportunities
Includes two vacant lots zoned R2 for potential development
Existing rental income from multiple units, some with long‑term leases extending to July 2027
Recently remodeled 2‑bedroom apartment with new paint, flooring, and updated dishwasher
Multiple garages and storage sheds, including a 4‑car garage shared by tenants

Updated: Apr 26

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Bloomington Land Development Opportunity

$750,000

1.58 Acres

Bloomington Land Development Opportunity

307 S Muller Parkway, Bloomington, IN 47403

1.58 acres zoned for multifamily residential development near IU.

Prime 1.58‑acre development opportunity at a high‑visibility intersection.
Zoned Residential Multifamily (RM) supporting approximately 113 bedrooms by right.
Strategic location on a main east‑west corridor connecting to I‑69 and downtown Bloomington.
Close proximity (2 miles) to Indiana University campus.
Utilities available; potential for rezoning.

Updated: Apr 21

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Bloomington Land Redevelopment Opportunity

$1,749,000

5.56 Acres

Bloomington Land Redevelopment Opportunity

Prime 5.56-acre land parcel for residential development.

2113 S Rogers Street, Bloomington, IN 47403

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$575,000

20.15 Acres

20 Acres Residential Land

20.15 acre parcel with development potential near Bloomington, Indiana.

5776 N Union Valley Road, Bloomington, IN 47404

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Bloomington Residential Land with Potential

$529,000

2.59 Acres

Bloomington Residential Land with Potential

2.59 acres near Indiana University with flexible development options.

4689 E State Road 45 Road, Bloomington, IN 47408

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$136,900

2.17 Acres

Land with Custom Cabin Retreat

2.17 acres with a custom cabin, large deck, garden area, and woodland leading to a natural stream.

7845 S Old State Rd. 37, Bloomington, IN 47403

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Bloomington Residential Land Opportunity

$124,000

1.21 Acres

Bloomington Residential Land Opportunity

1.21-acre lot near Indiana University and Lake Monroe.

6655 E Gross Road, Bloomington, IN 47401

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$199,900

10.00 Acres

10 Acre Residential Land

10 acre residential land perfect for building a dream home.

8600 W Rock East Road, Bloomington, IN 47403

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$250,000

1.63 Acres

Residential Land in Terra Cove

Estate-sized lot in established neighborhood, convenient to amenities.

3470 E Terra Cove Court, Bloomington, IN 47401

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$134,900

4.18 Acres

Residential Land in Bloomington, IN

4+ acre residential land parcel, ideal for building a home.

1363 W Lawson Road, Bloomington, IN 47404

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$179,000

3.85 Acres

Bloomington Land Near Lake Monroe

3.85 acres near Bloomington shopping, Lake Monroe, and IU.

6977 E State Road 46 Road, Bloomington, IN 47408

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$235,000

0.68 Acres

Development-Ready Multifamily Site

0.68-acre RM-zoned site in Bloomington, Indiana.

2101 1/2 S Rogers Street, Bloomington, IN 47403

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$220,000

5.06 Acres

Residential Land Near Bloomington, IN

5-acre residential land parcel near Bloomington and Indiana University.

3530 W Maple Grove Road, Bloomington, IN 47404

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$135,000

2.59 Acres

Ketcham Ridge Homesite Opportunity

2.59 acre residential land in Bloomington, Indiana.

7084 S National Point Road, Bloomington, IN 47403

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$250,000

0.21 Acres

Bloomington Residential Land Near IU

0.21 acre lot near Indiana University and Bryan Park.

Lot 7 Highland Avenue, Bloomington, IN 47401

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$150,000

18.50 Acres

Heavily Wooded Residential Acreage

A wooded 18.5-acre tract in residential zoning, with utilities at the road and septic required to support future building.

6620 W Duvall Road, Bloomington, IN 47403

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$150,000

5.57 Acres

Residential Land in Iron Gate Farms

5.57 acre residential lot in Bloomington's Iron Gate Farms.

5003 (LOT 2) S Iron Gate Trail, Bloomington, IN 47403

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$299,999

0.34 Acres

Bloomington Residential Land For Sale

Residential land approved for a 5-unit townhome project.

106 E Hillside Drive, Bloomington, IN 47401

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$399,000

30.89 Acres

Wooded and Pasture Land Tract

A private 30-acre tract with driveway permit, plus water and electric available at the road for easier home planning.

8623 W Crum Road, Bloomington, IN 47403

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Bloomington Residential Land with Development Potential

$1,225,000

4.00 Acres

Bloomington Residential Land with Development Potential

4-acre residential land with development potential in Bloomington, Indiana.

1375 & 1405 S Smith Road, Bloomington, IN 47401

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$150,000

4.10 Acres

Residential Land in Iron Gate

4.1 acre residential lot in Bloomington's Iron Gate Farms.

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

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$160,000

1.65 Acres

Residential Land Near Hoosier State

1.65 acre residential land near Hoosier State Forest.

Lot 63 N Viking Ridge Road, Bloomington, IN 47408

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$250,000

0.21 Acres

Bloomington Residential Land Near IU

0.21 acre lot near Indiana University and Bryan Park.

Lot 8 Highland Avenue, Bloomington, IN 47401

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$499,900

38.11 Acres

Rural Tract with Horse Facilities

Large rural acreage with existing water access, septic on one site, and on-site pole barns for flexible use.

4019 W Maple Grove Road, Bloomington, IN 47404

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Bloomington, IN Residential Land & Home Lots Investment Opportunities Market Analysis

Explore 113 residential land & home lots for sale in Bloomington, IN, showcased through 113 active listings on our real estate platform. These investment opportunities span a total of 5,554 square feet of properties for sale, with an estimated market value of $825,000.

Sale prices for home sites in Bloomington, IN start at $275,000, averaging $412,500, and reaching up to $550,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 129K

Population Growth (5Y) +5.6%

Median Household Income $60,732

College Educated 52.2%

High-Yield Neighborhoods for Investment

Identify Bloomington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
47404	$126.1K
47401	$233.5K
47408	$246.1K
47403	$351.2K

Taxes & Financing

Tax Rate (average for all types) 1.09%

Property Tax per SF $17.52 per SF

Tax Rate vs County Average 0.08 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Monroe County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Bloomington fall within the 1 to 5 acres range.

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