±21.66 Acres with Home | Development Potential

For Sale by Auction in
Bloomington, Indiana, US

±21.66 acres in Richland Township, between Bloomington and Ellettsville, with access points at W Carmola Dr and Woodland Dr. This is a potential development opportunity for builders, developers and land investors, or a rare amount of acreage for a private homesite this close to town. The property (three parcels sold together): 4602 W. Carmola Dr:…

Bidding closes at
Location
Bloomington, Indiana, United States (US)

Item description:

±21.66 acres in Richland Township, between Bloomington and Ellettsville, with access points at W Carmola Dr and Woodland Dr. This is a potential development opportunity for builders, developers and land investors, or a rare amount of acreage for a private homesite this close to town.

The property (three parcels sold together):

4602 W. Carmola Dr: ±10.68 acres with a 1962 home (3 bedrooms, 2,113 sq ft per county records) and farmstead improvements
4890 W. Carmola Dr: ±10.79 acres of vacant farmland
Woodland Dr: ±0.19-acre wooded parcel

Property details:

Zoned LD, Low Development Residential
FEMA Zone X, area of minimal flood hazard
Mostly gentle slopes, based on public elevation data
Richland-Bean Blossom schools

Location (approximate drive times): I-69: 6 min | 45/46 Bypass: 8 min | Ellettsville: 10 min | Edgewood schools: 12 min | Indiana University: 13 min