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$2,500,000

4691 S Victor Pike Bloomington, IN 47403

  • 44.07 Acres
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Property Description
Don’t miss the incredible developmental opportunity found in this gorgeous 44ac parcel on Bloomington’s South side! Over half of this historic farm is ringed in trees and is bordered by the Clear Creek Trail and the Bloomington Rail Trail creating beautiful vistas across the property. Super South side location with ultra-convenient access to I69 and 37S(this will be a fantastic location for commuters in any direction but especially for Crane workers). The property already has sewer on site and has access points both on That Rd and on Victor Pike. Currently zoned Estate R-1 the new Monroe Co. Consolidated Development Ordinance(CDO) identifies this parcel as “Neighborhood Growth” (N1) which will allow a minimum lot size of 7,500 sqft which is 5.8 units an acre-255 units for the entire parcel!! Both single family and duplex configurations (paired patio homes, duplexes, etc…) will be allowed by right. More dense projects may be allowed with county approval. The updated current version of the CDO can be found at www.monroecdo.com. This type of spectacular acreage does not hit the open market often. Once a working farm the property also contains a 2,600 sqft 4bd, 2ba “manor” home in good condition along with an in ground pool and a number of outbuildings including a classic barn. It could serve as an enviable hobby farm as well as a super long term investment!
Address:4691 S Victor Pike Bloomington IN 47403
Status:Active
on site: 152 days
Price:$2,500,000
Bathrooms:0
Lot Size:44.07
County: Monroe County
Township: Perry
School System : Monroe County Community
MLS #:202000408
Property Type:Residential Land

Lot Dimensions:Irregular
Directions:That Road to south on Victor Pike
Loan Price
$14,638
Price And Interest $13,041/month
Property Tax $555/month
MTG INS $0/month
HOME INS $1,042/month
Price
$2,500,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$555/month
Home Owner Insurance
$12,504 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS
Tucker Customer Care
Tucker Mortgage
Office +317-472-9201
Courtesy of Tucker Mortgage
Annual Property Tax:$3,331
Tax Year:2019
Subdivision: Southwest Monroe County
Zip Code:47403
High School:Bloomington South
Middle School:Batchelor
Elementary School:Clear Creek
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company, Inc.
Tucker Customer Care
Additional Phone (317) 954-4768
Schedule a Video Chat Tour
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Listing provided courtesy of RE/MAX Acclaimed Properties.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company, Inc. include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.