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4155 S Walnut Street PIKE Bloomington, IN 47401 Active

UPDATED: 01/14/2026 12:10 AM ON MARKET: 220 days on market

$889,000

4 Beds3 Baths3,736 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,736 sqft

Price per Sqft $237

Subdivision No Subdivision

MLS Listing ID 22046872

Bedrooms 4

Full Baths 2

Half Baths 1

HOA Y/N No

Year Built 1920

Tax Year 2025

Lot Size 7.700 Acres

Acres 7.7

Property Sub-Type Single Family Residence

Property 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.