Find us on Google+ 5099 Paynetown Road, Bloomington, IN 47401 | MLS 201642606 | Listing Information | Carpenter Realtors
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5099 Paynetown Road,

Bloomington IN, 47401 (Active)
$2,250,000
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MLS# 201642606
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Last Updated: 12/9/2016 12:07 AM
Description for 5099 Paynetown Road Bloomington, IN 47401
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.
Price
$2,250,000
Monroe County
201642606
Active
Description
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.
Listing Information
Property Type: Land
86.94 Acres
City
Septic
Electric
Neighborhood
School Information
District: Monroe County Community School C
LAKEVIEW JACKSON CREEK BLOOMINGTON SOUTH
Room Information
Exterior / Lot Features
Gravel
IRREGULAR
Irregular
Residential Land, Water Front, Lake, Rural, Close To School, Lake Front, Country Road, Gravel Road, Irregular, Lake
Driving Directions
Moffet, Handy, take left on Paynetown Road, property driveway on the left at the split
Financial Considerations
530825400002000008
$4,327
Listing Price History

Bloomington Real Estate

Bloomington is located in Indiana. Bloomington, Indiana 47401 has a population of 80,440.

The median household income in Bloomington, Indiana 47401 is $27,116. The median household income for the surrounding county is $38,675 compared to the national median of $53,046. The median age of people living in Bloomington 47401 is 23.4 years.

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Courtesy: FC Tucker/Bloomington REALTORS Aaron Steele
Information is provided exclusively for consumers' personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Copyright 2016, Indiana Regional MLS (IRMLS)
Information is deemed reliable but is not guaranteed.

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