5099 (86.94 ac) Paynetown Road Bloomington, IN 47401

235000539 39.1131 -86.442 3112 /listing/235000539-151354640/5099-8694-ac-paynetown-road-bloomington-in-47401 False 0 999000.0 102 201911016 False
$999,000
  • 86.94 lot
  • Est payment $5362.85/mo

Property & Neighborhood Info

Courtesy Of Aaron Steele, FC Tucker/Bloomington REALTORS

Vacant Land in Bloomington

Be the king or queen of your own 89 acre mountain overlooking Lake Monroe, the largest body of water in Indiana. The home sits approximately 750' above water level, the sailing club and boat ramp only a few miles around the corner. Rarely does big acreage this close to downtown Bloomington and IU (15 minutes away) come on the market. Having this much acreage on Lake Monroe is even more rare. Great views can be had from this elevated ridge. You would own a whole point with approximately 3,000 feet of lake frontage. Property has been surveyed for a mini subdivision, each lot tested for septic and in compliance. Keep the point, sell off the rest. All lots have been configured to have lake views. Or, with variance or self sustained waste water treatment one could add numerous lots. As you drive back on the 1/4 mile drive you'll notice mature timber and a park like setting. At the end of the point sits a 6,131 sqft 7 bedroom, 6 bath Tudor home with in-ground pool and 3 car attached garage. The home is in need of a complete remodel but is structurally sound along with solid foundation. It could be torn down and a new masterpiece constructed. Make your own tourist destination with zip lines and hiking trails, ecotourism on the lake or family compound. Let your imagination run wild! Property surrounded by DNR land and IU Foundation preserve. Property being sold "as-is", 48 hour notice on showings.

Courtesy Of Aaron Steele, FC Tucker/Bloomington REALTORS
  1. 86.94 Lot

Main Features

  • Listing Status: Active
  • School District: Lakeview
  • School District2: Jackson Creek
  • School District3: Bloomington South
  • School District: Monroe County Community School C
  • County: Monroe
  • Taxes: $5,038.00
  • Zoning: Argiculture-Residential
  • MLS Number:201911016

Additional Features

  • Location:
    • Lake
    • Rural
  • Property Type:
    • Residential Land
  • Curb(s):
    • No
  • Improvements:
    • Yes
  • Site Description:
    • 15+
    • Adj to State/Natl Forest
    • Heavily Wooded
    • Irregular
    • Lake
    • Water View
    • Waterfront
    • Waterfront-High Bank
  • Waterfront:
    • Lake
    • Yes
  • Road Surface:
    • Gravel
  • Access Road:
    • County
  • Planned Unit Development:
    • No
  • Present Use:
    • Agriculture
    • Camp/RV with Land
    • Recreational
    • Residential
  • Rail Service:
    • No
  • Road Frontage:
    • County
  • Water Access:
    • Lakefront
  • Auction:
    • No
  • Divisible:
    • Yes
  • Documents Available:
    • Aerial Photo
    • Topography Map
  • Easements:
    • No
  • Sale Or Rent:
    • For Sale
  • Dues Frequency:
    • Not Applicable
  • Listing URL:
    • http://www.reindiana.com/201911016
  • Tax ID:
    • 53-08-25-400-002.000-008
  • Total Acres:
    • 86.94
Neighborhood info courtesy of Homes.com © 2019

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Dewain Davis
Dewain Davis
Owner, Broker
(574) 595-0820 (574) 946-4015
601 S Monticello St Winamac IN 46996
Let us help you!
39.1131 -86.442

5099 (86.94 ac) Paynetown Road Bloomington, IN 47401

235000539 39.1131 -86.442 3112 /listing/235000539-151354640/5099-8694-ac-paynetown-road-bloomington-in-47401 False 0 999000.0 102 201911016 False
  • $999,000
  • 86.94 lot
  • Est payment $5362.85/mo