5099 (86.94 ac) Paynetown Road, Bloomington IN 47401 Photo 1 5099 (86.94 ac) Paynetown Road, Bloomington IN 47401 Photo 2 5099 (86.94 ac) Paynetown Road, Bloomington IN 47401 Photo 3 5099 (86.94 ac) Paynetown Road, Bloomington IN 47401 Photo 4 5099 (86.94 ac) Paynetown Road, Bloomington IN 47401 Photo 5 5099 (86.94 ac) Paynetown Road, Bloomington IN 47401 Photo 6 5099 (86.94 ac) Paynetown Road, Bloomington IN 47401 Photo 7 5099 (86.94 ac) Paynetown Road, Bloomington IN 47401 Photo 8 5099 (86.94 ac) Paynetown Road, Bloomington IN 47401 Photo 9 5099 (86.94 ac) Paynetown Road, Bloomington IN 47401 Photo 10 5099 (86.94 ac) Paynetown Road, Bloomington IN 47401 Photo 11 5099 (86.94 ac) Paynetown Road, Bloomington IN 47401 Photo 12 5099 (86.94 ac) Paynetown Road, Bloomington IN 47401 Photo 13 5099 (86.94 ac) Paynetown Road, Bloomington IN 47401 Photo 14 5099 (86.94 ac) Paynetown Road, Bloomington IN 47401 Photo 15 5099 (86.94 ac) Paynetown Road, Bloomington IN 47401 Photo 16 5099 (86.94 ac) Paynetown Road, Bloomington IN 47401 Photo 17 5099 (86.94 ac) Paynetown Road, Bloomington IN 47401 Photo 18 5099 (86.94 ac) Paynetown Road, Bloomington IN 47401 Photo 19
Listing Courtesy of Aaron Steele of Fc Tucker/Bloomington Realtors

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5099 (86.94 ac) Paynetown Road - Rarely does big acreage hit the market in Bloomington and even more illusive is acreage on Lake Monroe. Many county officials who have viewed the property describe it is one of the most unique and dynamic properties in all of Monroe County. It truly is one of a kind. You would own a whole point with almost 3,000 feet of lake frontage and almost 90 acres of wooded paradise, the possibilities are endless. Included in the sale is a majestic 6,131 square foot home sitting on top of a ridge, with walkout basement, 7 bedrooms, 6 baths, 3 car attached garage, 25x50 in-ground pool, and tennis/basketball court. Secluded in Mother Nature yet only 8 miles from downtown and approximately 12 miles from the new proposed hospital, the location is superb. One could rehab the home to its former glory (is is in need of a total remodel) or demo the site and start fresh. The property is being sold with 5 adjoining individually deeded lots, 4 of which could be developed and preliminary approval for such is in process. The home sits high upon the ridge approximately 750' above sea level and towards the point. Views of Lake Monroe and Salt Creek could be improved with additional clearing. Exposure to the lake is on the Eastern edge of the property and you can walk down to the water in various locations from this property . Have your very own "park like" setting next to Lake Monroe and almost 90 acres of privacy for recreation, hunting, peace, and living out your future dreams. This is a perfect place for an estate and part of the property is bordered by IU and Govt ground. Virtual Tour

Listing information

  • MLS® ID: 201642606
  • Stories: 0
  • Lot Area: 86.94
  • High School: Bloomington South
  • School District: Monroe County Community School Corp.
  • Style: Land (Residential)
  • New Construction: No
  • Lot Size: Irregular
  • Middle School: Jackson Creek
  • Body of Water: Lake Monroe
  • Status: Active
  • Foreclosure: No
  • Estimated Annual Taxes: $4,327
  • Elementary School: Lakeview

Features

Auction Y/N No
Can Property Be Divided? Yes
Curb Y/N No
DOCUMENTS AVAILABLE Aerial Photo, Topography Map
Easements No
ELECTRICITY TYPE Available
FUEL TYPE Electric
LAKE TYPE Ski Lake
Leased Acres Y/N No
LOCATION Near College Campus, Rural
Other # Pasture Acres - 1.94, # Wooded Acres - 85, Approx. Lot Size SqFt - 3787106, Channel Frontage - 0, Water Frontage - 3000
PARCEL DESCRIPTION 15+, Adj to State/Natl Forest, Heavily Wooded, Irregular, Lake, Water View, Waterfront, Waterfront-High Bank
PARKING Gravel
Planned Unit Dev. Y/N No
Property SubType Residential Land
PROPOSED FINANCING Cash
Rail Siding Y/N No
REO Y/N No
Road Access County
Road Frontage County
Road Surface Gravel
SEWER TYPE Septic
Structure/Bldg Imprvmnts Yes
TYPE USE Agriculture, Camp/RV with Land, Recreational, Residential
Water Access Waterfront
Water Type Lake
WATER UTILITY City
Waterfront Y/N Yes
Listing Courtesy of Aaron Steele of Fc Tucker/Bloomington Realtors