5.5 acres in Monroe County, IN

***PROPERTY IS SELLING AT AUCTION SO THE "LIST PRICE" IS JUST A PLACE HOLDER FOR INTERNET FILTERING*** OPEN HOUSE: April 26, 2026 3:00pm Don t miss this rare opportunity to purchase a highly desirable 5.5 acre property located on Stipp Road in Bloomington offering a combination of location, land, and future potential that is increasingly hard to find. This property consists of two separate parcels, providing flexibility for buyers, investors, or those looking to build: Parcel 1: Approximately 4.0 acres wooded, rolling ground with excellent potential for a private homesite Parcel 2: Approximately 1.5 acres improved with an existing log cabin and utilities in place Whether you're looking to build your dream home, create a family compound, invest in multiple building sites, or renovate an existing structure, this property offers options. Two separately parceled tracts = potential for multiple building sites Scenic setting with rolling and wooded terrain Located just minutes from Bloomington amenities, Indiana University, and major employers Ideal for: New construction Investment or resale Multi-generational living setup Weekend retreat or rural homesite Opportunities like this acreage with split potential in a prime location are becoming increasingly limited. IMPROVEMENTS The property includes an existing log cabin, originally built in the late 1970s, offering: Approximately 3,000+ sq ft of space 6 bedrooms, 3 bathrooms Walkout basement and deck areas Existing utilities including electric and water access Important Note: The cabin is in fair to below-average condition and will require repairs, updates, or renovation.