4155 S Walnut Street Pike, Bloomington, IN 47401
Local realty services provided by:CENTURY 21 Scheetz
Listed by: g. shane gibson
Office: sweet maple realty
MLS#:22046872
Source:IN_MIBOR
Price summary
- Price:$886,000
- Price per sq. ft.:$237.15
About this home
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....
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Home facts
- Year built:1920
- Listing ID #:22046872
- Added:262 day(s) ago
- Updated:March 14, 2026 at 01:28 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:2
- Half bathrooms:1
- Flooring:Hardwood Floors
- Dining Description:Breakfast Room, Dining Combo/Living Room
- Kitchen Description:Dishwasher, Gas Oven, Microwave, Refrigerator
- Basement:Yes
- Basement Description:Basement, Cellar, Partial, Storage Space, Unfinished
- Living area:3,036 sq. ft.
Heating and cooling
- Cooling:Central Electric
- Central air:Yes
Structure and exterior
- Year built:1920
- Building area:3,036 sq. ft.
- Lot area:7.7 Acres
- Lot Features:Mature Trees, Not In Subdivision, Storm Sewer, Wooded
- Architectural Style:Craftsman
- Construction Materials:Block, Stone, Wood Siding
- Foundation Description:Block, Stone
Schools
- High school:Bloomington High School South
- Middle school:Lora L Batchelor Middle School
- Elementary school:Clear Creek Elementary School
Utilities
- Water:Public Water
Finances and disclosures
- Price:$886,000
- Price per sq. ft.:$237.15
Features and amenities
- Appliances:Microwave, Refrigerator
- Laundry features:Dryer
- Amenities:Supplemental Storage
Parking
- Parking description:Finished Garage
- Garage:Yes
- Garage spaces:2
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