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$889,000
7.7± Acres
Active
Monroe County, IN
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4155 Walnut Street, Bloomington, Indiana

MLS ID: 22046872
Status: Active
Price: $889,000
Acres: 7.7±
Type: Single Family, Residential
Address: 4155 Walnut Street
City, State: Bloomington, IN
County: Monroe County
ZIP Code: 47401
Lat/Long: 39.119117, -86.526355
Parcel Number: 530821100111000008
Bedrooms: 4
Bathrooms: 3
SqFt: 3,036
Year Built: 1920

Description

Rare chance to secure nearly 8 acres on Bloomington's highly sought-after south side - just minutes from downtown, Indiana University, and with fast access to I-69 for easy commutes to Crane and Indianapolis. Few properties offer this combination of location, scale, and future flexibility inside a major growth corridor. Positioned at the city-county line with city sewer on site, this property is uniquely suited for multiple long-term paths: a private estate, multi-generational living, or a thoughtfully planned small neighborhood. The acreage includes two parcels, including a separate one-acre lot with utilities in place - providing immediate versatility for phased development, resale, or multiple residences. The land itself is gently rolling with excellent frontage, privacy, and layout potential - ideal for creating multiple homesites while preserving green space and curb appeal. Whether your vision is a family compound, a future multi-lot layout, or a strategic land investment, this property offers the rare ability to own now and shape later. An existing single-family residence, built with the craftsmanship of its era, offers immediate rental or owner-occupancy while long-term plans take shape. With preserved woodwork, a spacious kitchen, and a welcoming layout, it delivers both comfort and income today - and flexibility for tomorrow. The property is currently in the early stages of a planned separation process, with predesign approval underway. This step is being pursued to allow for future flexibility in how the acreage and the residential structure are configured and valued, creating the potential for more targeted ownership or pricing options as the process moves forward. Opportunities like this - large acreage with utilities, proximity to Bloomington's core, and active planning already in motion - are increasingly rare. Secure the land today and position yourself for tomorrow's possibilities.

Directions: GPS Friendly

Additional Information

Interior

Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Gas Oven, Refrigerator
Basement (Yes/no): Yes
Basement: Cellar, Exterior Entry, Partial, Storage Space, Unfinished
Bathrooms Half: 1
Bathrooms Full: 2
Building Area Total: 3,736
Cooling: Central Air
Fireplace Features: Gas Log
Fireplaces Total: 1
Garage (Yes/no): Yes
Garage Spaces: 2
Heating: Natural Gas
Interior Features: Breakfast Bar, Cathedral Ceiling(s), High Ceilings, Entrance Foyer, Paddle Fan, Hardwood Floors, Hi-Speed Internet Availbl, Eat-in Kitchen, Supplemental Storage, Walk-In Closet(s)
Living Area Source: Appraisal
Rooms Total: 11

Exterior

Architectural Style: Craftsman
Electric: 200+ Amp Service
Foundation Details: Block, Stone
Lot Features: Not In Subdivision, Storm Sewer, Mature Trees, Trees-Small (Under 20 Ft), Wooded, Other
Lot Size Square Feet: 335,412
Parking Features: Attached
Patio and Porch Features: Covered, Deck
Water Source: Public

Financial/HOA/Schools

Days On Market: 236
Elementary School: Clear Creek Elementary School
Middle School: Lora L Batchelor Middle School
High School: Bloomington High School South
High School District: Monroe County Community Sch Corp
Subdivision Name: No Subdivision

Extra Information

Virtual Tour: https://lauraturnerphotography.hd.pics/4155-S-Walnut-Street-Pike/idx

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Chad Renbarger

Chad Renbarger

Fortville, Indiana

(317) 597-2352

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Listed By: G. Shane Gibson of Sweet Maple Realty