Skip To Content

1612 N Lane Drive

Bloomington, IN 47404
  • $86,000
  • STATUS: Active
  • ON SITE: 10 Days
  • MLS #: 22117368
UPDATED: 19 min ago
$86,000
  • 0
    BEDS
  • 0.51
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

School District:

Description

RARE IMPROVED HOMESITE OPPORTUNITY NEAR IU! Unlike many vacant lots, this beautiful 0.51-acre property already offers an existing well, septic system, electrical service, outbuildings and two driveways! Valuable site improvements that may help reduce future development costs. Located just 2.5 miles from Indiana University, Memorial Stadium, downtown Bloomington, shopping, and dining, the property combines exceptional convenience with peaceful, wooded surroundings. Tucked away in a quiet neighborhood with no HOA, this picturesque homesite features mature trees, wooded views, and frontage along a paved asphalt road. The seller recently uncovered the approximately 1,200-gallon septic tank and installed a new cleanout riser, lid, and 4-inch tap connection for convenient future access. The well and septic have not been used during the seller's ownership, and buyers should independently verify their condition and suitability. Multiple outbuildings include a 14' x 20' detached garage, a 20' x 20' storage building and an 8' x 10' masonry block equipment shed. The buildings have concrete floors and offer abundant storage during construction or for future use. All outbuildings are conveyed as-is. The camper currently on the property may remain and be included as-is, or the seller will remove it before closing. Whether you are planning a custom home or seeking an investment opportunity near IU, this property offers outstanding potential. Buyers should verify zoning, permitted uses, utilities, septic and well condition, lot dimensions, property boundaries, building requirements, and all development information with Monroe County.

Monthly Payment Calculator



© 2026 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or The Indy Property Source | Keller Williams Realty.

Based on information submitted to the MLS GRID as of 2026-08-10T21:25:58.663. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
www.theindypropertysource.com/homes/179472103
Print Image

1612 N Lane Drive Bloomington, IN 47404

  • Price: $86,000
  • Status: Active
  • On Site: 10 Days
  • Updated: 19 min ago
  • MLS #: 22117368
0
Beds
0
Baths
0
½ Baths
0.51
Acres
Neighborhood:
No Subdivision
County:
Monroe
Area:
5305 - Monroe - Bloomington
School District:
Monroe County Community
Property Description
RARE IMPROVED HOMESITE OPPORTUNITY NEAR IU! Unlike many vacant lots, this beautiful 0.51-acre property already offers an existing well, septic system, electrical service, outbuildings and two driveways! Valuable site improvements that may help reduce future development costs. Located just 2.5 miles from Indiana University, Memorial Stadium, downtown Bloomington, shopping, and dining, the property combines exceptional convenience with peaceful, wooded surroundings. Tucked away in a quiet neighborhood with no HOA, this picturesque homesite features mature trees, wooded views, and frontage along a paved asphalt road. The seller recently uncovered the approximately 1,200-gallon septic tank and installed a new cleanout riser, lid, and 4-inch tap connection for convenient future access. The well and septic have not been used during the seller's ownership, and buyers should independently verify their condition and suitability. Multiple outbuildings include a 14' x 20' detached garage, a 20' x 20' storage building and an 8' x 10' masonry block equipment shed. The buildings have concrete floors and offer abundant storage during construction or for future use. All outbuildings are conveyed as-is. The camper currently on the property may remain and be included as-is, or the seller will remove it before closing. Whether you are planning a custom home or seeking an investment opportunity near IU, this property offers outstanding potential. Buyers should verify zoning, permitted uses, utilities, septic and well condition, lot dimensions, property boundaries, building requirements, and all development information with Monroe County.
Exterior Features

Fencing Chain LinkPartial Horse Amenities None Land Characteristics Mature TreesRectangleRural Not in SubdivisionSee Remarks Lot Information AccessNot In SubdivisionMature TreesOther Other Structures Shed(s)See RemarksOther Road Access County Rd Road Frontage Type City Street Road Surface Type Asphalt Soil Type Other Topography Sloping View Trees/Woods View YN Yes Waterfront YN No

Property Features

Acres 1/2-1 Acre Association YN No Current Financing ContractConventionalLease PurchaseOther Development Status EasementsFinished Lot(s)See Remarks Divisible No Dpr YN No Facilities Near ElectricGasTelephoneWater & Sewer Facilities On ElectricSewerTelephoneWaterWater & Sewer Listing Terms See Remarks New Construction YN No Possession Closing Present Zoning Other Property Sub Type Residential Lots Semi Annual Property Tax Amt 238 Sewer Public SewerSeptic Tank Solid Waste No Special Listing Conditions As Is Tax Year 2025 Township Bloomington Transaction Type Sale Type Single LotSee Remarks Water Municipal Water Near ByWell on Site Zoning RE1

Listing provided courtesy of Fathom Realty: . © 2026 Metropolitan Indianapolis Board of REALTORS®. Information Deemed Reliable But Not Guaranteed.


© 2026 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or The Indy Property Source | Keller Williams Realty.

Based on information submitted to the MLS GRID as of 2026-08-10T21:25:58.663. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
 
https://bt-photos.global.ssl.fastly.net/indy/1280_boomver_1_22117368-1.jpg https://bt-photos.global.ssl.fastly.net/indy/1280_boomver_1_22117368-1.jpg https://bt-photos.global.ssl.fastly.net/indy/1280_boomver_1_22117368-1.jpg
Logo
The Indy Property Source | Keller Williams Realty
,