This 26.5 combined acre tract lays on both sides of Leonard Springs Road, and along highway 45, from the fence line at the top of the hill where the CBU water tower is, all the way down the slope to the highway. The big red pole barn is practically in the middle of the property. It is slated for development of 42 units of rental housing, a farm stand, a coffee shop, wine tasting room with plans to surround the property with Highland Cattle and Alpaca. The property borders other commercial, office, and residential rental offerings, such as: Circle K, Big Red Liquors, A Storage Facility, and Walmart is less than a 1/4 mile away. Plans have been made and a rezone request is in process with Monroe County Planning. It is currently being mostly used as Pasture ground for cattle.
Active
$2,750,000
0 W State Road 45, Bloomington, IN 47403
--beds
--baths
26.5Acres
Residential Land
Built in ----
26.5 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 7 hours
- 35
- 0
Zillow last checked:
Listing updated:
Listed by:
Rick Deckard 812-606-1768,
Legacy Homes
Source: IRMLS,MLS#: 202644176
Facts & features
Interior
Video & virtual tour
Property
Parking
- Parking features: Parking Lot, Off Street
Features
- Fencing: Barbed Wire,Farm,Full,Metal
- Frontage length: Road Frontage(300)
Lot
- Size: 26.5 Acres
- Dimensions: 1443 X 800
- Features: Irregular Lot, Pasture, Rolling Slope, Tillable, 15+, Suburb, Rural
Details
- Additional structures: Barn(s), Pole Barn
- Parcel number: 530912300039.000015
- On leased land: Yes
- Zoning: A1
- Zoning description: Conservation Residential High Density
- Wooded area: 0
Utilities & green energy
- Electric: Duke Energy Indiana, None
- Gas: CenterPoint Energy
- Sewer: Private Sewer, Septic Tank
- Water: City, Public, Bloomington City Utility
- Utilities for property: Electricity Available, Water Available
Community & HOA
Community
- Subdivision: None
Location
- Region: Bloomington
Financial & listing details
- Tax assessed value: $55,100
- Annual tax amount: $1,200
- Date on market: 10/26/2026
- Total actual rent: 3000
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/26/2026 | Listed for sale | $2,750,000 |
Source:  IRMLS #202644176 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 47403
Nearby schools
Schools provided by the listing agent
- Elementary: Grandview
- Middle: Batchelor
- High: Bloomington North
- District: Monroe County Community School Corp.
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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