Rare 7 ACRE Bloomington Property! 15 Minutes from Lake Monroe and IU! Damaged Home. DO NOT ENTER! Massive 9-Car Garage with separate electrical panel & HVAC system AND 2nd Spacious Garage w/ large, versatile overhead Loft! While the main residence has been affected by fire, the real treasure lies in the beautiful, serene setting where deer and wildlife abound! This property offers a magnificent head start thanks to the infrastructure left behind. Two outbuildings remain, including a rare massive 9-car detached garage and a second detached garage featuring a spacious overhead loft. By utilizing these existing workspaces, you may be able to avoid some of the steep expenses and/or permitting hurdles of constructing everything from scratch. Additionally, there are existing septic and electric hookups already on-site! Take advantage of this opportunity as a blank slate to clear out the old or reimagine what remains! Property sold strictly AS-IS. Some items may be removed prior to closing. Cash or construction/rehab financing will likely be required. 2nd listing for this property for land as all 7 acres were reported to be buildable. (Listing ID: 22120263) Schedule your tour of this diamond in the rough ASAP!
Pending
Price cut: $25K (8/22)
$250,000
7007 S Ketcham Rd, Bloomington, IN 47403
3beds
3,360sqft
Residential, Single Family Residence
Built in 1976
7 Acres Lot
$-- Zestimate®
$74/sqft
$-- HOA
What's special
Two outbuildings remain
- 20 days
- 3,453
- 207
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Devina Cagle 317-800-9367,
Indy House and Home
Source: MIBOR as distributed by MLS GRID,MLS#: 22120246
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Other
- Level: Upper
- Dimensions: 0x0
Living room
- Level: Main
- Area: 1120 Square Feet
- Dimensions: 28x40
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: None
Features
- Has basement: Yes
Interior area
- Total structure area: 3,360
- Total interior livable area: 3,360 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Detached, Heated Garage, Workshop in Garage
- Garage spaces: 4
- Details: Garage Parking Other(Finished Garage, Floor Drain, Service Door)
Features
- Levels: One and One Half
- Stories: 1
Lot
- Size: 7 Acres
Details
- Parcel number: 531105300016000006
- Special conditions: As Is,Defects/Call Office,Shared Driveway
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Log
- Property subtype: Residential, Single Family Residence
Materials
- Wood Siding
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1976
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Connected
Community & HOA
Community
- Subdivision: No Subdivision
HOA
- Has HOA: No
Location
- Region: Bloomington
Financial & listing details
- Price per square foot: $74/sqft
- Tax assessed value: $135,400
- Annual tax amount: $906
- Date on market: 8/14/2026
- Cumulative days on market: 21 days
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/3/2026 | Pending sale | $250,000$74/sqft |
Source:  MIBOR as distributed by MLS GRID #22120246 Report a problem | ||
| 8/22/2026 | Price change | $250,000-9.1%$74/sqft |
Source: MIBOR as distributed by MLS GRID #22120263 Report a problem | ||
| 8/14/2026 | Listed for sale | $275,000$82/sqft |
Source: MIBOR as distributed by MLS GRID #22120246 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $680 -71.6% | $135,400 -53.4% |
| 2024 | $2,398 +15.4% | $290,600 +0.6% |
| 2023 | $2,077 +4.3% | $289,000 +18.5% |
| 2022 | $1,991 -0.2% | $243,800 +4.9% |
| 2021 | $1,995 +22.3% | $232,400 +4.1% |
| 2020 | $1,631 +2.2% | $223,200 +5.6% |
| 2019 | $1,596 +5.6% | $211,300 +4.7% |
| 2018 | $1,511 +2% | $201,800 +4.8% |
| 2017 | $1,482 | $192,600 -2.9% |
| 2016 | $1,482 -4.4% | $198,300 -0.7% |
| 2014 | $1,550 +3.9% | $199,600 +0.7% |
| 2013 | $1,492 +2.6% | $198,200 +0.8% |
| 2012 | $1,454 +3.8% | $196,600 +0.7% |
| 2011 | $1,401 +9% | $195,200 +0.3% |
| 2010 | $1,285 +8.8% | $194,700 |
| 2009 | $1,181 +6.1% | $194,700 +4.8% |
| 2007 | $1,113 | $185,700 -10.5% |
| 2006 | -- | $207,400 +22.4% |
| 2005 | -- | $169,500 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 47403
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